Polyurethane Tape Market Size, Share, Industry, Forecast and Outlook (2024-2031)

Global Polyurethane Tape Market reached US$ 1.9 billion in 2023 and is expected to reach US$ 2.7 billion by 2031, growing with a CAGR of 4.4% during the forecast period 2024-2031.

The growth of the electrical and electronics sectors is another factor propelling the globally polyurethane tape market. Polyurethane tapes are extensively utilized in electrical and electronic equipment for bonding, insulation and moisture protection. High-performance tapes that can offer dependable protection and communication solutions are becoming more and more in demand as consumer electronics, smartphones, wearables and Internet of Things products become more commonplace.