Magnetic Tape Market By Materials (Synthetic Rubber, PVC, and others), By End-User (Data Storage, Packaging & Labelling, Consumer Appliances, and others) and By Geography – Global Driver, Restraints, Opportunities, Trends, and Forecast to 2022
- January, 2018
- Domain: Chemicals, Materials & Food - Specialty Chemicals
Pages:
118
Tables:
55
Charts:
74
Regions/Countries:
4 / 9
Companies:
11
Enquiry Hours:
10
- Get Free 10% Customization in this Report
Magnetic tape is a material that is mainly used for storing of data. This technology created a revolution in data storage, broadcasting, and recording markets. The primary and the most common need for this material is data storage along with various other uses such as in packaging solutions and consumer appliances.
Research Methodology
The Magnetic Tape Market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology along with an irreplaceable blend of primary insights. The real-time assessment of the market is an integral part of our market sizing and forecasting methodology, wherein our industry experts and panel of primary participants helped in compiling the best quality with realistic parametric estimations. Further, the participation share of different categories of primary participants is given below:
Magnetic tape is a medium for magnetic recording, which is made of a thin, magnetizable coating on a long, narrow strip of plastic film, developed in Germany in 1928, based on magnetic wire recording. It was a key technology in early computer development, allowing unparalleled amounts of data to be mechanically created, stored for extended periods, and easily accessible.
The increasing concern toward data theft and loss in the enterprises is a promising growth potential for the magnetic tape market, and it has the maximum demand. The market has an advantage of bigger share coming from the US and European countries for the advanced technology. This gives North America a lead in the global magnetic tape market. Apart from this, European countries are also developing high demand, following North America, owing to the higher consumer acceptance and high demand from the financial and packaging units. The presence of high-end electronics market and high consumer spending in North America and Europe are increasing the market of magnetic tape as well. Asia Pacific followed Europe and accounts for the third largest market for magnetic tape with heavy industrialization and the presence of big Chinese market.
Within various end-user areas, data storage is highly dominating the market in overall magnetic tape across regions owing to the high adoption rate and ease of application. Other than data storage, the packaging & labeling solutions is also increasing its market during the forecast period due to increasing investments and R&D innovations along with government interventions.
The study of the global magnetic tape market provides market size information and market trends along with the factors and parameters impacting the market in both short- and long-term. The study ensures a 360° view, bringing out the complete key insights of the industry. These insights help the business decision-makers to make better business plans and informed decisions for the future business. In addition, the study helps venture capitalists in understanding the companies better and take informed decisions.
According to Infoholic Research, the global magnetic tape market is expected to grow at a CAGR of 7.6% during the forecast period 2016–2022 to reach $6.5 billion by 2022. The synthetic rubber and PVC-based magnetic tapes are expected to remain as materials covering almost the complete market with significant drive coming from developing economies as well. Some of the key players in the magnetic tape market are 3M, Toshiba Corporation, TDK Corporation, Hitachi Metals Ltd., etc.
Report Scope:
- Base Materials
- Synthetic Rubber
- PVC
- Others
- End-users
- Data Storage
- Packaging & Labeling
- Consumer Appliances
- Others
- Regions
- North America
- Europe
- Asia Pacific
- Rest of the World
- Industry outlook: Market trends, drivers, restraints, and opportunities
1 Report Outline
1.1 Introduction
1.2 Report Scope
1.3 Market Definition
1.4 Research Methodology
1.4.1 Data Collation & In-house Estimation
1.4.2 Market Triangulation
1.4.3 Forecasting
1.5 Study Declaration
1.6 Report Assumptions
1.7 Stakeholders
2 Executive Summary
2.1 Innovations and Enterprise Data Storage Demand to Strengthen US Market Share
2.2 Growing Advance Packaging Solutions and Improving Production Capabilities Boosting Magnetic Tape Consumption
3 Market Positioning
3.1 Total Addressable Market (TAM): Flexible Magnet
3.1.1 Market Overview
3.1.2 Major Trends
3.2 Segmented Addressable Market
3.3 Related Markets
4 Market Outlook
4.1 Overview
4.2 Value Chain Analysis
4.3 PESTLE Analysis
4.4 Porter 5 (Five) Forces
4.5 Patent Analysis
5 Market Characteristics
5.1 Market Segmentation
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing requirement and low investment allowing the vendors to easily enter into the market
5.2.1.2 Innovations and adaptation in the data storage and bio-compatible products expanding the potential opportunities
5.2.2 Restraints
5.2.2.1 Variations in the prices of raw material along with political uncertainties in various regions
5.2.2.2 Increasing and broad market of alternative products
5.2.3 sOpportunities
5.2.3.1 Increasing demand in the end-user industries
5.2.3.2 Large untapped market in developing and underdeveloped countries
5.3 DRO – Impact Analysis
6 Base Material: Market Size and Analysis
6.1 Overview
6.2 Synthetic Rubber
6.3 PVC
6.4 Vendors Profiles
6.4.1 3M
6.4.2 Toshiba Corporation
6.4.3 TDK Corporation
6.4.4 Hitachi Metals Ltd.,
6.4.5 Ampex Electronics
6.4.6 Sanbros Engineering Works
(Overview, business unit, geographic revenue, product profile, recent developments, business focus, SWOT analysis and business strategies have been covered for all vendors)
7 End-users: Market Size and Analysis
7.1 Overview
7.2 Data Storage
7.3 Packaging & Labelling
7.4 Consumer Appliances
7.5 Customers Profiles
7.5.1 Toyota Motor Corporation
7.5.2 General Electric (GE)
7.5.3 ECI Telecom Ltd.
7.5.4 Koninklijke Philips N.V.
7.5.5 International Business Machines (IBM)
(Overview, business unit, geographic revenue, business segments, SWOT analysis and business strategies have been covered for all customers)
8 Regions: Market Size and Analysis
8.1 Overview
8.2 North America
8.2.1 North America Market, By Countries
8.2.2 North America Market, By Base Materials
8.2.3 North America Market, By End-users
8.3 Europe
8.3.1 Europe Market, By Countries
8.3.2 Europe Market, By Base Materials
8.3.3 Europe Market, By End-users
8.4 Asia Pacific
8.4.1 Asia Pacific Market, By Countries
8.4.2 Asia Pacific Market, By Base Materials
8.4.3 Asia Pacific Market, By End-users
8.5 Rest of the World
8.5.1 Rest of the World, By Regions
8.5.2 Rest of the World Market, By Base materials
8.5.3 Rest of the World Market, By End-users
9 Companies to Watch for
9.1 Hitachi Maxell develops magnetic tape cartridge with 50TB capacity
9.2 IBM makes tape competitive for cloud storage
10 Competitive Landscape
10.1 Competitor Comparison Analysis
10.2 Market Landscape
10.2.1 Mergers, Acquisitions & Joint Ventures
10.2.2 Expansion
10.2.3 Exhibition & Product Launch
10.2.4 Divestment & Divestiture
10.2.5 Awards & Recognition
11 Expert’s Views
Annexure
Abbreviations
TABLE 1 GLOBAL MAGNETIC TAPE MARKET VALUE BY BASE MATERIALS, 2015−2022 ($MILLION) 30
TABLE 2 GLOBAL MAGNETIC TAPE MARKET VOLUME BY BASE MATERIALS, 2015−2022 (KILOTONS) 31
TABLE 3 GLOBAL SYNTHETIC RUBBER BASED MAGNETIC TAPE MARKET VALUE BY GEOGRAPHY, 2015−2022 ($MILLION) 32
TABLE 4 GLOBAL SYNTHETIC RUBBER BASED MAGNETIC TAPE MARKET VOLUME BY GEOGRAPHY 2015−2022 (KILOTONS) 32
TABLE 5 GLOBAL PVC BASED MAGNETIC TAPE MARKET VALUE BY GEOGRAPHY, 2015−2022 ($MILLION) 33
TABLE 6 GLOBAL PVC BASED MAGNETIC TAPE MARKET VOLUME BY GEOGRAPHY, 2015−2022 (KILOTONS) 34
TABLE 7 3M: RECENT DEVELOPMENTS 38
TABLE 8 TOSHIBA CORPORATION: PRODUCT PROFILE 42
TABLE 9 TOSHIBA CORPORATION: RECENT DEVELOPMENTS 43
TABLE 10 TDK CORPORATION: RECENT DEVELOPMENTS 48
TABLE 11 HITACHI METALS: PRODUCT PROFILE 53
TABLE 12 HITACHI METALS LTD.: RECENT DEVELOPMENTS 54
TABLE 13 AMPEX: PRODUCT PROFILE 57
TABLE 14 AMPEX: RECENT DEVELOPMENTS 57
TABLE 15 SANBROS ENGINEERING WORKS: PRODUCT PROFILE 61
TABLE 16 SANBROS ENGINEERING WORKS: RECENT DEVELOPMENTS 61
TABLE 17 GLOBAL MAGNETIC TAPE MARKET VALUE BY END-USERS, 2015-2022 ($MILLION) 64
TABLE 18 GLOBAL MAGNETIC TAPE MARKET VOLUME BY END-USERS, 2015-2022 (KILOTONS) 65
TABLE 19 GLOBAL MAGNETIC TAPE MARKET VALUE IN DATA STORAGE BY GEOGRAPHY, 2015-2022 ($MILLION) 66
TABLE 20 GLOBAL MAGNETIC TAPE MARKET VOLUME IN DATA STORAGE BY GEOGRAPHY, 2015-2022 (KILOTONS) 66
TABLE 21 GLOBAL MAGNETIC TAPE MARKET VALUE IN PACKAGING & LABELLING BY GEOGRAPHY, 2015-2022 ($MILLION) 67
TABLE 22 GLOBAL MAGNETIC TAPE MARKET VOLUME IN PACKAGING & LABELLING BY GEOGRAPHY, 2015-2022 (KILOTONS) 68
TABLE 23 GLOBAL MAGNETIC TAPE MARKET VALUE IN CONSUMER APPLIANCES BY GEOGRAPHY, 2015-2022 ($MILLION) 69
TABLE 24 GLOBAL MAGNETIC TAPE MARKET VOLUME IN CONSUMER APPLIANCES BY GEOGRAPHY, 2015-2022 (KILOTONS) 69
TABLE 25 GLOBAL MAGNETIC TAPE MARKET VALUE BY GEOGRAPHY, 2015−2022 ($MILLION) 89
TABLE 26 GLOBAL MAGNETIC TAPE MARKET VOLUME BY GEOGRAPHY, 2015−2022 (KILOTONS) 90
TABLE 27 NORTH AMERICA MAGNETIC TAPE MARKET VALUE BY COUNTRIES, 2015−2022 ($MILLION) 91
TABLE 28 NORTH AMERICA MAGNETIC TAPE MARKET VOLUME BY COUNTRIES, 2015−2022 (KILOTONS) 91
TABLE 29 NORTH AMERICA MAGNETIC TAPE MARKET VALUE BY BASE MATERIALS, 2015−2022 ($MILLION) 92
TABLE 30 NORTH AMERICA MAGNETIC TAPE MARKET VOLUME BY BASE MATERIALS, 2015−2022 (KILOTONS) 93
TABLE 31 NORTH AMERICA MAGNETIC TAPE MARKET VALUE BY END-USERS, 2015−2022 ($MILLION) 94
TABLE 32 NORTH AMERICA MAGNETIC TAPE MARKET VOLUME BY END-USER, 2015−2022 (KILOTONS) 94
TABLE 33 EUROPE MAGNETIC TAPE MARKET VALUE BY COUNTRIES, 2015−2022 ($MILLION) 95
TABLE 34 EUROPE MAGNETIC TAPE MARKET VOLUME BY COUNTRIES, 2015−2022 (KILOTONS) 96
TABLE 35 EUROPE MAGNETIC TAPE MARKET VALUE BY BASE MATERIALS, 2015−2022 ($MILLION) 97
TABLE 36 EUROPE MAGNETIC TAPE MARKET VOLUME BY BASE MATERIALS, 2015−2022 (KILOTONS) 97
TABLE 37 EUROPE MAGNETIC TAPE MARKET VALUE BY END-USERS, 2015−2022 ($MILLION) 98
TABLE 38 EUROPE MAGNETIC TAPE MARKET VOLUME BY END-USERS, 2015−2022 (KILOTONS) 99
TABLE 39 ASIA PACIFIC MAGNETIC TAPE MARKET VALUE BY COUNTRIES, 2015−2022 ($MILLION) 100
TABLE 40 ASIA PACIFIC MAGNETIC TAPE MARKET VOLUME BY COUNTRIES, 2015−2022 (KILOTONS) 100
TABLE 41 ASIA PACIFIC MAGNETIC TAPE MARKET VALUE BY BASE MATERIALS, 2015−2022 ($MILLION) 101
TABLE 42 ASIA PACIFIC MAGNETIC TAPE MARKET VOLUME BY BASE MATERIALS, 2015−2022 (KILOTONS) 102
TABLE 43 ASIA PACIFIC MAGNETIC TAPE MARKET VALUE BY END-USERS, 2015−2022 ($MILLION) 102
TABLE 44 ASIA PACIFIC MAGNETIC TAPE MARKET VOLUME BY END-USERS, 2015−2022 (KILOTONS) 103
TABLE 45 REST OF THE WORLD MAGNETIC TAPE MARKET VALUE BY GEOGRAPHY, 2015−2022 ($MILLION) 104
TABLE 46 REST OF THE WORLD MAGNETIC TAPE MARKET VOLUME BY GEOGRAPHY, 2015−2022 (KILOTONS) 105
TABLE 47 REST OF THE WORLD BASE MATERIALS MARKET VALUE BY BASE MATERIALS, 2015−2022 ($MILLION) 106
TABLE 48 REST OF THE WORLD MAGNETIC TAPE MARKET VOLUME BY BASE MATERIALS, 2015−2022 (KILOTONS) 106
TABLE 49 REST OF THE WORLD MAGNETIC TAPE MARKET VALUE BY END-USERS, 2015−2022 ($MILLION) 107
TABLE 50 REST OF THE WORLD MAGNETIC TAPE MARKET VOLUME BY END-USERS, 2015−2022 (KILOTONS) 108
TABLE 51 MERGERS, ACQUISITIONS & JOINT VENTURES, 2013–2017 111
TABLE 52 EXPANSION, 2013–2016 112
TABLE 53 EXHIBITION & PRODUCT LAUNCH 112
TABLE 54 DIVESTMENT & DIVESTITURE 113
TABLE 55 AWARD & RECOGNITION 113
Research Framework
Infoholic Research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:
- Data Collation (Primary & Secondary)
- In-house Estimation (Based on proprietary data bases and Models)
- Market Triangulation
- Forecasting
Market related information is congregated from both primary and secondary sources.
Primary sources
Involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.
Secondary sources
Include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.
