Global Thermoplastic Tapes Market, By Thickness (<0.20 mm, 0.21 mm-0.40 mm, > 0.40 mm), Material (Fiber, Resin, Others), End-Use Industry (Aerospace, Automotive, Building and Construction, Thermoplastic Goods, Oil and Gas) Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights of Thermoplastic Tapes Market
Data Bridge Market Research analyses that the Thermoplastic Tapes market will project a CAGR of 6.00% for the forecast period of 2022-2029. Thermoplastic tape marketreport analyses the growth, which is currently being owed to provide high degree of qualities such as sustainability and recyclability to the products.
Thermoplastic tape is a hybrid material that combines the properties of fibres and plastics. The product is essentially a continuous roving that has been pre-impregnated (prepreg) with polymer plastic. Thermoplastic composites could be used in a variety of industries, including automotive, aerospace, construction, and materials handling.
Growing applications of composite materials in various industries such as automotive, aerospace, and others, rising demand for light weight components in the automotive industry, and increasing levels of investment for the development of new composites are expected to boost the growth of the thermoplastic tape market from 2022 to 2029. On the other hand, the prominence of 3D printing technology will further boost various opportunities, resulting in the growth of the thermoplastic tape market during the forecast period.
In addition, the high degree of recyclability, ease of storage, and speed of application are the primary growth drivers for thermoplastic tape. Continuous innovation, new product development, and processing applications will drive demand for thermoplastic tapes in the aerospace, defence, building and construction, and other industries.
This Thermoplastic Tapes market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Thermoplastic Tapes market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Thermoplastic Tapes Market Scope and Market Size
Thermoplastic tape market is segmented onthe basis of thickness, material and end-use industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of thickness,thermoplastic tape market is segmented into <0.20 mm, 0.21 mm-0.40 mm, and> 0.40 mm.
- Based on material, thermoplastic tape market is segmented intofiber, resin, and others. Fiber has been further bifurcated into carbon, glass and others which involves aramid and basalt, among others. Resin has been further bifurcated into PAEK, PC, PA, PET, TPU, PP andothers which involve PPS, among others.
- Based on end-use industry, thermoplastic tape market is segmented intoaerospace, automotive, building and construction, thermoplastic goods, oil and gas.
Thermoplastic Tapes Market Country Level Analysis
The global Thermoplastic Tapes market is analysed and market size insights and trends are provided by country, thickness, material and end-use industry as referenced above.
The countries covered in the Thermoplastic Tapes market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The United States is expected to control a sizable portion of the market in North America. According to the US Aerospace Industries Association, advanced air mobility (AAM) vehicles will likely revolutionise passenger and cargo travel in the coming decades in the US aerospace and defence industry. The thermoplastic tapes market is diverse, with applications in military, defence, aerospace, and automotive. The primary driving force behind the expected growth is the increased use of thermoplastic tapes by aerospace companies due to the reduced time required to produce components and structures with these composite materials. Thermoplastic tapes are widely used in the aircraft industry; including aircraft seat frames, business jet wings, sandwich panels in light aircraft, and so on.
The country section of the Thermoplastic Tapes market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Thermoplastic Tapes Market Share Analysis
The Thermoplastic Tapes market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Thermoplastic Tapes market.
Some of the major players operating in the Thermoplastic Tapes market report Toray Advanced Composites, SABIC, Suprem SA,CompTape B.V., MaruHachi, Evonik Industries AG,Solvay, DSM, TEIJIN LIMITED., Mitsui Chemicals, Inc., SGL Carbon, Arkema, Covestro AG, PolyOne Corporation, AVERY DENNISON CORPORATION, Ashland, H.B. Fuller Company., Von Roll Holding AG, tesa Tapes (India) Private Limited, Intertape Polymer Group, Muparo AG, PPM Industries SpA., Adhesive Applications, Berry Global Inc., Merck KGaA, Microseal Industries Inc., Essentra Specialty Tapes, FLEXcon Company Inc., Lamart Corp, Shurtape Technologies, LLC, PARKER HANNIFIN CORP and Necal Corporation among other global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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