Unidirectional Tapes (UD Tapes) Market to 2027 - Leading Players SABIC, Hexcel, Evonik Industries, Solvay, SGL Group, Victrex, Celanese
The report also includes the profiles of key unidirectional tapes (UD tapes) manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years. Some of the key players operating in the unidirectional tapes (UD tapes) market include, SABIC, Hexcel Corporation, Evonik Industries AG, Solvay, TEIJIN LIMITED, Koninklijke Ten Cate bv., BASF SE, SGL Group, Victrex plc., and Celanese Corporation among others.
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Unidirectional tapes (UD tapes) are highly engineered advanced composite materials that offer a wide range of fiber/resin combinations. These materials provide outstanding mechanical properties, chemical resistance, durability, and fire performance to meet a range of application demands. The UD tapes are used in applications such as, in the automotive, sports and aeronautical industry, with the minimum use of materials and energy.
The unidirectional tapes (UD tapes) market is anticipated to grow with a significant rate in the coming years, due to rising demand from end-use industries, such as aerospace & defense, automotive, and sports & leisure. However, rise in government pressure on improving fuel efficiency is also estimated to boost the demand for lightweight components which is anticipated to offer more growth opportunities for the players operating in the unidirectional tapes (UD tapes) market.
The global unidirectional tapes (UD tapes) market is segmented on the basis of fiber, resin, and end user. On the basis of fiber, the unidirectional tapes (UD tapes) market is bifurcated into carbon fiber, and glass fiber. Based on resin, the market is classified into, thermoplastic unidirectional tapes, and thermoset unidirectional tapes. The thermoplastic unidirectional tapes market is further segmented as, polyamide, polyether ether ketone (PEEK), and others. The thermoset unidirectional tapes segment is also further bifurcated into epoxy and others segments. On the basis of end user, the unidirectional tapes (UD tapes) market is categorized as, sports & leisure, automotive, aerospace & defense, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global unidirectional tapes (UD tapes) market based on fiber, resin, and end user. It also provides market size and forecast till 2027 for overall market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The unidirectional tapes (UD tapes) market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.
North America is expected to contribute to the largest share in the unidirectional tapes (UD tapes) market in the coming years, due to increase in need for lightweight materials for the production of auto components and rapid growth in the automotive industry in the region. However, Asia Pacific is expected to witness significant growth in the market during the forecast period, owing to high demand for commercial and regional aircraft in the region.
The report analyzes factors affecting unidirectional tapes (UD tapes) market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the unidirectional tapes (UD tapes) market in these regions.
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