Filament Tapes Market Poised to Rake in US$ 6.6 Bn by 2026 End
Summary
In the automotive industry, filament tapes are largely used for interior and exterior applications particularly during wielding and painting, due to their high tensile strength and ability to leave less residue on metal surfaces.In a bid to reduce noise from engines, brakes and another vehicle systems, the automotive industry is utilising advanced elastomers and thermoplastic vinyl as vibration damping materials.This segment is expected to create total incremental opportunity close to US$ 900 Mn between 2016 and 2026.High tensile strength and ability to leave less residue on metal surfaces is likely to boost the use of filament tapes in the automotive segment.In the automotive industry, filament tapes are largely used for interior and exterior applications particularly during wielding and painting, due to their high tensile strength and ability to leave less residue on metal surfaces.In a bid to reduce noise from engines, brakes and another vehicle systems, the automotive industry is utilising advanced elastomers and thermoplastic vinyl as vibration damping materials.In APEJ, the segment was valued at more than US$ 30 Mn in 2015 and is estimated to expand at a significant CAGR of 7.6% during the forecast period.Send An Enquiry @ http://www.futuremarketinsights.com/askus/rep-gb-2852 Contact Information Future Market Insights Sudip Saha +1-347-918-3531 www.futuremarketinsights.com 616 Corporate Way, Suite 2-9018 Valley Cottage, NY 10989 United States F: +1-845-579-5705 Click here to view the list of recent Press Releases from Future Market Insights Promote Your Business Press Release Pricing Email this page to a friend