Carbon Fiber Tapes Market 2028 Future Growth by In Depth Industry Analysis, Review, Applications and Forecast to 2016-2028

According to the latest report by Quince Market Insights, the Carbon Fiber Tape Market report provides an unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas, market drivers, which would help stakeholders to device and align Carbon Fiber Tape market strategies according to the current and future market. Carbon fiber tapes are woven fabric tapes with narrow width made from 3K fibers. It has strong selvage edges that prevent from fraying and unraveling of the fabric. They are lighter in comparison with metals such as steel. Some of its key properties include high tensile strength, low linear thermal expansion, among others. They are used in wet layup, vacuum bagging, and resin infusion manufacturing. They are largely used in aircraft components, owing to their superior properties.

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Segmentation for better understanding of this market

During the forecast period the carbon fiber tapes market is expected to experience high demand. This market was segmented into dry tape and prepag tape, based on product. The dry tape segment is expected to lead the market, as dry tapes are used in most conditions of work. High cost, is a key factor affecting their demand in the market. Based on resin type, the market has been segmented into epoxy, polyamide, bismaleimide, thermoplastic resin, polyurethane, and vinyl ester. Epoxy is widely used as they are highly heat resistant and possess superior electrical/mechanical properties. Based on manufacturing process, the market has been segmented into hot melt process and solvent dip process.

The market for carbon fiber tapes has been segmented into aerospace, marine, piping, building & construction, sports & leisure, automotive, wind energy, and healthcare based on end-use industry. One key factor driving their demand in the aerospace industry is the increasing demand for lightweight aircraft structures. High processing and manufacturing costs, however, are major factors that pose a challenge to expand its application base in different sectors, with cost as a key governing factor.

Significant Factors Impacting Market Growth:
o Increasing demand for carbon fiber tapes for aircraft structures
o High manufacturing and processing cost expected to restrict application base

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. SABIC
2. Evonik Industries
3. Royal Tencate
4. Zoltek Corporation
5. Teijin Limited
6. SGL Group
7. Royal DSM
8. 3M
9. Solvay
10. Mitsubishi Rayon Carbon Fiber and Composites
11. Hexcel Corporation
12. PRF Composite Materials
13. BASF SE
14. TCR Composites
15. Cristex
16. Park Electrochemicals

Regional distribution and potential areas for growth:

The carbon fiber tapes market by region has been segmented by North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and the Rest of the World. North America and Western Europe are major regions for carbon fiber tapes market owing to diversified demand from end-use industries and competitive scenarios. Some of the major end-use industries in these regions include aerospace, marine, piping, building & construction, sports & leisure, automotive, wind, energy, and healthcare. These markets have been dynamic in terms of new product developments and related activities. Hence, some of this market's emerging sub-segments promise high potential in this region. Major carbon fiber tapes markets in these regions include the US, Germany, France, United Kingdom, Canada, Italy and so on. Recent economic slowdowns, trade implications and environmental concerns are some of the key influencing factors that influence market dynamics in these regions.

Developing regions including Asia Pacific, South America, and Africa have seen key organic and inorganic growth strategies evolve. With favorable production conditions and high demand from end-use industries, global companies have made strategic investments in these regions. Aerospace, marine, automotive, wind, energy, and healthcare have been some of the key economies in the region. Building & construction, automotive, and healthcare are some of the major industries in the region with strong potential for carbon fiber tapes market. Middle East promises a strong market potential with more demand from countries including UAE, Saudi Arabia, and Qatar that are seeking to diversify their economic outlook. Eastern Europe consisting of Russia and Turkey is also estimated as one of the key markets with demand from aerospace, marine, piping, building & construction, sports & leisure, automotive, wind, energy, and healthcare.

Market Segmentation:

By Product Form:
Dry Tape
Prepag Tape

By Resin Type:
Epoxy
Polyamide
Bismaleimide
Thermoplastic Resin
Polyurethane
Vinyl Ester
Others

By Manufacturing Process:
Hot Melt Process
Solvent Dip Process

By End-Use Industry:
Aerospace
Marine
Piping
Building & Construction
Sports & Leisure
Automotive
Wind Energy
Healthcare

By Region:
North America
By Country (US, Canada, Mexico)
By Product Form
By Resin Type
By Manufacturing Process
By End-Use Industry
Western Europe
By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
By Product Form
By Resin Type
By Manufacturing Process
By End-Use Industry
Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Product Form
By Resin Type
By Manufacturing Process
By End-Use Industry
Asia Pacific
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Product Form
By Resin Type
By Manufacturing Process
By End-Use Industry
Middle East
By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
By Product Form
By Resin Type
By Manufacturing Process
By End-Use Industry
Rest of the World
By Region (South America, Africa)
By Product Form
By Resin Type
By Manufacturing Process
By End-Use Industry

Reasons To Buy This Report:
o Market size estimation of the global carbon fiber tape market on a regional and global basis
o Unique research design for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country

Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: +91 - 9850603687 / 7972869557
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

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This release was published on openPR.