Global Unidirectional Tapes Market, By Fiber Type (Glass Fiber, Carbon Fiber), Resin Type (Thermoplastic, Thermoset), End-use Industry (Aerospace and Defense, Automotive, Sports and Leisure), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Unidirectional Tapes Market
The unidirectional tapes market is expected to be growing at a growth rate of 17.8% in the forecast period of 2021 to 2028. The unidirectional tapes market report analyses the growth, which is currently being growing due to the increasing demand for manufacturing lightweight vehicles.
Unidirectional tapes are utilized as the standard materials in the automotive and aerospace industries. The fiber is typically saturated with the thermosetting resins. The unidirectional tapes are composite materials that are usually based on carbon fiber or glass fiber. These tapes are manufactured utilizing numerous thermoplastic resins and can be modified according to the function. The appropriate sizing of the carbon or glass fiber confirms optimal bonding to the plastic. Therefore, unidirectional tapes have excellent mechanical characteristics. They also have chemical resistance, durability, and fire performance to meet a range of application demands. The unidirectional tapes are utilized in the applications like the automotive and aerospace industries as typical material, sports and leisure industries.
Factors such as the rise in the utilization of the unidirectional tapes in primary and secondary aircraft structures, the growing demand for producing lightweight vehicles, and the initiatives taken by the governments are expected to boost the growth of the unidirectional tapes market in the forecast period. Furthermore, the substitution of the old and aging aircraft, the modernization of existing aircraft and the increase in the need for high-performance materials are few of the other factors anticipated to propel the growth of the unidirectional tapes market.
However, the concerns regarding the recyclability and the high processing and manufacturing costs of the carbon fiber are the factors most likely to further obstruct the growth of the unidirectional tapes market in the timeline period. Additionally, the growing utilization of the unidirectional tapes in new applications, emergence of the aircraft manufacturers in the advancing and developed countries and the rising need for the passenger aircraft in the advancing nations will further extend suitable opportunities for the growth of the unidirectional tapes market in the coming years. Despite that the high manufacturing and the processing expenses of the unidirectional tapes and the market chain recovery from covid-19 influence might further challenge the growth of the unidirectional tapes market in the near future.
This unidirectional 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, geographical expansions, technological innovations in the market. To gain more info on unidirectional 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.
Unidirectional Tapes Market Scope and Market Size
The unidirectional tapes market is segmented on the basis of fiber type, resin type 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.
- Based on the fiber type, the unidirectional tapes market is segmented into glass fiber, carbon fiber.
- Based on the resin, the unidirectional tapes market is segmented into thermoplastic, thermoset.
- Based on the end-use industry, the unidirectional tapes market is segmented into aerospace and defense, automotive, sports and leisure.
Unidirectional Tapes Market Country Level Analysis
The unidirectional tapes market is analysed and market size, volume information is provided by country, fiber type, resin and end-use industry as referenced above.
The countries covered in the unidirectional tapes market report are the 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, Israel, Egypt, South Africa, 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.
North America dominates the unidirectional tapes market because of the demand for lightweight, fuel-efficient aircraft is growing. Furthermore, the unidirectional tapes are also utilized in the lightweight sandwich panels for ultralight aircraft which will further boost the growth of the unidirectional tapes market in the region during the forecast period. Europe is projected to witness significant amount of growth in the unidirectional tapes market because of the growth of the end-use industries. Moreover, the region offers the lowest business setup prices in terms of facility costs, utility costs, transport, and corporate taxes which is further anticipated to propel the growth of the unidirectional tapes market in the coming years.
The country section of the 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 Unidirectional Tapes Market Share Analysis
The unidirectional 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 unidirectional tapes market.
The major players covered in the unidirectional tapes market report are Evonik Industries AG, Cristex Composite Materials, Hexcel Corporation, Eurocarbon B.V., Solvay, Celanese Corporation, Koninklijke Ten Cate bv, Oxeon AB, SABIC, Carbon, Barrday Inc., TEIJIN LIMITED., Sigmatex., TCR Composites, Inc., Plastic Reinforcement Fabrics Ltd, Victrex plc., Performance Composites Inc., Axiom Materials, Inc., Composites Evolution, Toray Industries, Inc., BASF SE, among other domestic and 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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