According to the research report titled ‘Global Paper Masking Tapes Market Size study, by Paper (Crepe Paper, Washi Paper, kraft Paper, Flatback Paper) by End Use (Automotive, Building & Construction, Aerospace Packaging, Electronics & electricals, Others) and Regional Forecasts 2022-2028’, available with MarketStudyReport, global paper masking tapes market was worth USD 2 billion in 2021 and is anticipated to record 5.4% CAGR over the stipulated timeframe to amass USD 2.9 billion by the year 2028.

As per report findings, flourishing building & construction vertical around the world, and rising product demand in automotive and other sectors are the major growth stimulants for global paper masking tapes market.

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For the unversed, paper masking tape is a type of pressure sensitive tape made of thin tearable paper and an easily disengaging pressure-sensitive adhesive. It is available in a variety of widths. It is widely used in painting application to cover over areas that shouldn't be painted.

Furthermore, widespread product adoption in healthcare sector as a replacement for plastic tape is likely to bolster industry outlook in the coming years.

However, strict environmental rules and economic slowdown in application industries due to COVID-19 pandemic are posing as restraining factors for the market growth.

Based on paper, the industry is divided into flatback paper, kraft paper, washi paper, and crepe paper. In terms of end-use spectrum, global paper masking tapes market is branched into electronics & electricals, aerospace packaging, building & construction, automotive, and others.

Regionally, North America market is witnessing notable growth at present, due to flourishing building & construction sector in the region.

Whereas Asia Pacific industry is poised to witness a healthy CAGR over the analysis timeframe, on the back of rapid rate of urbanization, and booming infrastructure development.

Speaking of competitive landscape, Bolex (Shenzhen) Adhesive Products Co., Ltd., K.L. & Ling International Inc., CCT Tapes, Toyochem Co., Ltd., CMS Group of Companies, 3M Company, Scapa Group plc, Nitto Denko Corporation, Avery Dennison Corporation, and Intertape Polymer Group Inc. are the leading players in global paper masking tapes market.