Leak Detection Adhesive Tape Market

Leak Detection Adhesive Tape Market Size (2023-2028)

The leak detection adhesive tape market was valued at US$0.44 Billion in 2022 and is anticipated to increase to US$ 0.63 Million by 2028, with a growing CAGR of 6.52% in the next six years.

An extended, flexible, flat conducting tape may be put to any surface that needs to be watched for water or other leaks, and it can be electrically attached to any form of the standard electrically driven leak detector. Solely on a single side of the tape, a pair of equally spaced conductors function lengthwise along the length of the tape. The conductors are separated by a tiny distance to guarantee that just a small volume of conductive liquid is required to bridge the gap between them and generate an electrical short circuit or a significant reduction in impedance between them. Furthermore, the conductors should be as thin as possible to allow liquid to freely flow transversely over them without being obstructed. Both of these properties assure that now the detection tape can detect even very minute amounts of liquid, allowing enabling early detection of a leak before major damage occurs. A liquid-responsive visual indicator is also included on the tape to identify the spot wherever water or even other leaky liquid has come into contact with it, eliminating the need for a costly sensor instrument to pinpoint the source of a leak.

Leak Detection Adhesive Tape Market Drivers:

Increasing demand for gas leak detection due to increased rules, codes, and standards, which may be handled cost-effectively with the technology, Due to limited refinery capacity, downtime has become critical in the oil and gas refining business, since most refineries are running at full capacity. Once installed, electronic gas detectors need to be calibrated and maintained on a regular basis Leak detectors that are affordable can be changed on a routine basis by the same people who calibrate them. Furthermore, the market for fuel cells is growing and the potential use of hydrogen as fuel might triple the existing hydrogen industry. All of these reasons are driving the market for leak-detection adhesive tape. Pipeline leaks are becoming more common, resulting in significant human and financial losses, prompting market participants to implement safety precautions during oil and gas exploration activities. The Pipeline & Toxic Substances Safety Administration's (PHMSA) recent guidelines requiring industry players and system operators to maintain pipeline structure to reduce the risk of leakage are expected to drive the implementation of leak detection and, as a result, leak detection adhesive tapes experience a huge growth across the world.

Leak Detection Adhesive Tape Market Restraints:

The restraining factors that are restricting the growth of the global leak detection adhesive tape market is the rise in raw material costs has been caused by rising worldwide demand for chemicals and capacity restrictions in the supply of these key chemicals and resin feedstock. Supply limitations of monomers used to create adhesive raw materials, including Piperylene and C9 monomers, have increased raw material pricing. All of these problems are limiting the market's expansion.

Recent Developments:

24^th April 2021: After coming into touch with ammonia gas, Nitto's adhesive tape becomes blue. When exposed to ammonia, Nitto, a Teaneck-based company of Nitto Denko, has released a leak detection tape that changes from white to blue, allowing for the visible detection of ammonia gas leaks. While a leak can be detected by scent or a leak sensor, pinpointing the exact position of the leak can be time-consuming and costly. Nitto's Ammonia Detection Tape DX-8208A can assist address this problem by swiftly identifying particular leak spots.

LEAK DETECTION ADHESIVE TAPE MARKET REPORT COVERAGE:

Market Segmentation:

Leak Detection Adhesive Tape Market By Product:

• Hydrogen

• Ammonia

• Others

Hydrogen gas is expected to dominate the global market. Hydrogen leaks are caused by the presence of such a tiny molecule. The general method of checking for leaks or defects in a hydrogen pressure tank or system is hydrogen leak testing. It generally entails injecting hydrogen as just a tracer air into the equipment to be tested, with any escaping gas being identified by hydrogen sensors. There are three sorts of approaches for detecting hydrogen leaks. Listening for a leak of high-pressure gas like a loud hissing sound, Portable hydrogen detectors and permanent hydrogen detectors coupled to regional or facility-wide audio or visual alerts are also options. Furthermore, the Nitto Company manufactures hydrogen detection tape, which enables the visual assessment of hydrogen gas leaks by causing a long-lasting change in color when in contact with the gas.

Leak Detection Adhesive Tape Market By Application:

• Industrial

• Transportation

• Power Plants

• Laboratories

The Industrial segment is dominated by the application category. As many sectors, including oil and natural gas, automobile, aerospace & defense, pharmacy, and others, rely heavily on leak detection adhesive tape. Leak-detection adhesive tape for gas sensors is beneficial to many oil and gas businesses. It is a necessary component for the safe production, handling, and application of several industrial gases. Hydrogen Leak detection tapes use chemo-chromic processes to discover leaks rapidly and efficiently. A color change occurs when a catalyzed transition metal oxide is partially reduced, making the leak simple to detect and repair. The growing need for combustible liquids in the oil and gas sector is attracting a lot of attention for products like leak detection tapes, which are simple to use and inexpensive, and lower the risk of harm if a gas leak is not discovered.

The Leak Detection Adhesive Tape Market Report includes the segmentation of Regions:

• North America

• Europe 

• Asia Pacific

• Latin America

• The Middle East and Africa

Impact of COVID-19 (Leak Detection Adhesive Tape Market):

The COVID-19 pandemic had a significant impact on people's lives all over the global level. Every firm must fight on two fronts: health and economics and will have to suffer this imposed recession. With both the global economic crisis causing a lot of money shortages, there's a lot of anticipation that the recovery phase will go smoothly. The coronavirus has damaged the entire planet as a result of its spread. Lockdowns and robust social distancing measures have been implemented in nearly every country. Supply networks have already been disrupted as a result of this. The epidemic has wreaked havoc on global systems. Because of this, the three were upsides and downsides for the global market.

Leak Detection Adhesive Tape Market Key Players:

The key players in the Global Leak Detection Adhesive Tape Market are:

• Nitto Denko Corporation

• Mid sun Specialty Products Inc.
• Element One Inc.
• Honeywell
• Chem Logic
• Dectec Tape