The global demand for Unidirectional Tapes Market is presumed to reach the market size of nearly USD 698.89 MN by 2028 from USD 234.26 MN in 2021 with a CAGR of 16.9% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX million meters in 2021 and forecast to touch XX million meters by 2028 with a CAGR of XX% during 2022-2028.
Unidirectional tapes are made of glass or carbon fibre incorporated in a thermoplastic matrix and are custom-made for each application. Thermoset UD tapes are widely used in various industries because they are less expensive, extremely responsive, and easy to impregnate. Carbon fibre/epoxy composites are widely used in the aerospace industry due to their small weight, high quality and modulus, and excellent fatigue performance.
Market Dynamics
The usage of UD tapes in the aerospace and defence industry is primarily driven by vehicle weight reduction and better fuel efficiency. UD tapes have a high fatigue tolerance and improve structural component strength, allowing for larger passenger windows and a lower cabin altitude than traditional jetliners. Companies worldwide are attempting to mitigate the effects of global warming and are investigating the potential of UD tapes to minimize greenhouse gas emissions. However, the difficulty of recycling glass fibre is a huge hurdle, particularly in the automobile and construction industries, where the need to recycle is high. Unidirectional tapes are establishing themselves as a class of materials with exceptional characteristics. These materials offer high rigidity, low weight, good abrasion resistance, and wear resistance. The utilization of these materials is increasing in medical, construction & infrastructure, and other industries.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of unidirectional tapes. The growth and trends of Unidirectional Tapes Industry provide a holistic approach to this study.
Market Segmentation
This section of the unidirectional tapes market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Resin Type
By Fiber
- Glass Fiber
- Carbon Fiber
- Other Fiber
By End-Use
- Aerospace & Defense
- Automotive
- Sports & Leisure
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Unidirectional Tapes market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Unidirectional Tapes Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the unidirectional tapes market include Evonik Industries AG, SABIC, Solvay, S.A., Hexcel Corp., Toray Industries, Inc., SGL Group, Teijin Ltd., BASF SE, Celanese Corp., Victrex plc, Cristex Composite Materials, Eurocarbon B.V., Plastic Reinforcement Fabrics Ltd., TCR Composites, Inc., Barrday, Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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