Bare Copper Tape are anticipated to grow at a value CAGR of ~x% over 2019-2028. According to a study published by Insure Insights on the Bare Copper Tape market is anticipated to grow in the coming years. Copper tapes are essentially adhesive-backed tapes created from Copper. Besides having high-end applications in the electrical industry, such as providing electromagnetic shielding and surface mount transmission channel in the electronics industry, copper tapes are also widely used in construction as well as home decor industry. Copper tape is widely used to keep slugs and snails out of certain areas in gardens, potted plants, and trunks of fruit trees, & other trees and shrubs. It is also used for different applications, like electromagnetic shielding or low-profile surface-mount cable in electronics and within the production of tiffany lamps. Due to the excellent electrical conductivity and thermal conductivity of Copper, it used and implemented in several industries. The growing demand for copper tapes in various sectors, increasing technological advancements in the electrical industries are expecting to drive the market widely in the forecast period.

Top Driver: Widening Of the Applications to Boost the Industry

Bare Copper Tape has rich demand in the automotive sector and is anticipated to boost further in the coming years. The key advantages that attributes to the growth of the industry include, the usage on both lightning protection and earthing applications. Furthermore, it is annealed for ease of use and has prominent edges and hence contributes to the growth of the industry in the forecast period. The growth in the automotive industries and other manufacturing industries would provide lucrative results to the market growth in the next few years.

Annealed Segment Accounted for the Largest Market Share

On the basis of type the market is segmented into annealed, half hard, hard. The Annealed segment occupied for the largest market share owing to the its huge applications in the electrical industries and earthing processes. The flexibility, high conductivity and economic cost of the annealed bare copper tape has increased the demand for the same which is expected to drive the market in the forecast period. On the basis of end use the market is segmented into Electrical, Conductor, Induction Motors, Switch Gears, Earthing, Lightning Protection, General Engineering, Others. The electrical segment is expected to be the fastest growing segment followed by the conductor segment.

     **Source: Insure Insights Analysis

Rising Investments in Construction to Benefit Asia Pacific Market

Asia Pacific market is anticipated to gain highest revenue shares and attributed to the boost in the growth of the industry. This owes to the rise in the investment over the infrastructure in the developed and the developing countries. Furthermore, surge in the automotive industries are anticipated to help the industry vertical to expand in the region and would hence provide positive growth of the market in the next few years. North America is seen to be gaining highest rate in the forecast period, owing to the surge in the investment over the automotive industry and the advancements in the coming few years.

**Source: Insure Insights Analysis

Players to Focus on Growing Bare Copper Tape Market

The global Bare Copper Tape market is expected to stay fragmented with the increase in the number of new entrants in the coming years. AN Wallis, ETS Cable Components, Kingsmill Industries (UK) Ltd, Jointing Tech, Keison, RR Electrical, Remora Electrical Limited, ABB, KVC, Alcomet, Cable Joints, CEF, Electrika, Argos International, Vimlesh, and Yamuna Power Technologies

ABB: In June 2018, the European Commission had approved, under the EU Merger Regulation, the acquisition of GEIS by ABB, both global suppliers of electrical products and systems. The Commission concluded that the transaction would raise no competition concerns in the relevant markets within the European Economic Area. ABB Asea Brown Boveri Ltd and General Electric Industrial Solutions are active worldwide in the manufacture and sale of electrical components and systems.

Scope of the Report

By Type

• Annealed (soft)
• Half Hard
• Hard

By End-User

• Electrical Conductor
• Induction Motors
• Switch Gears
• Earthing
• Lightning Protection
• General Engineering
• Others

By Region

• North America
• Europe
• Asia Pacific
• SAMEA

Key Reasons to Purchase this Report

1. It provides a technological development map over time to understand the growth rate of the industry.
2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
3. It renders definite analysis for changing competitive dynamics.
4. It builds a seven-year estimate based on how the market is predicted to grow.