Press release
Carbon Fiber Tape Market 2020-2025: Toray Industries Inc, Hexcel Corporation, Teijin Limited, Mitsubishi Chemical Holdings, SGL Group, Evonik Industries, SABIC, Solvay and Others.
According to Market Study Report, Carbon Fiber Tape Market provides a comprehensive analysis of the Carbon Fiber Tape Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry.This report also provides market landscape and market share information in the Carbon Fiber Tape Market.Need a Free Sample Report? Visit: https://www.reportsnreports.com/contacts/requestsample.aspx?name=1157136
The Global Carbon Fiber Tape Market size is projected to grow from USD 1.5 Billion in 2020 to USD 2.6 Billion by 2025, at a compound annual growth rate (CAGR) of 12.0% between 2020 and 2025. This report spread across 175 pages, profiling 10 companies and supported with 121 tables and 55 figures are now available in this research.
Top Key Players Profiled in the Carbon Fiber Tape Market:
o Toray Industries, Inc. (Japan)
o Hexcel Corporation (US)
o Teijin Limited (Japan)
o Mitsubishi Chemical Holdings (Japan)
o SGL Group (Germany)
o Evonik Industries (Germany)
o SABIC (Saudi Arabia)
o Solvay (Belgium)
o Royal DSM (Netherlands)
"Epoxy resin is the fastest-growing segment in the carbon fiber prepreg tape market in terms of value."
Epoxy resin is projected to register the highest CAGR in terms of value between 2020 and 2025.Epoxy is the most widely used resin for carbon fiber prepreg tapes. It is a thermoset resin known for its excellent mechanical, electrical, and high heat resistance properties. It is also available in a wide variety of curing-agent variations.
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"Hot melt is the largest manufacturing process for carbon fiber prepreg tape in terms of value and volume."
In the hot melt manufacturing process, heat and pressure are used to impregnate fibers with resin. It is also an environment-friendly process due to the use of water-based and solvent-free adhesives. In the hot melt process, resins with a very low percentage of solvents are used for the manufacturing of carbon fiber prepreg tapes.
"Prepreg tape is the largest form of carbon fiber tape in terms of value."
Prepreg tapes are mainly used in aerospace and sporting goods industries for manufacturing wing spars, fuselage skins, bicycle frames, golf shafts, and others. They are also used in wind energy, automotive, pipe & tank, and medical industries for turbine blades, cosmetic components, prosthetics, and other applications.
Breakdown of primary participants' profile:
o By Company Type - Tier 1- 35%, Tier 2- 40%, and Tier 3- 25%
o By Designation - C Level- 25%, Director Level- 35%, and Others- 40%
o By Region - North America- 20%, Europe- 35%, Asia Pacific (APAC) - 25%, Latin America-5%, Middle East & Africa (MEA)-15%,
Competitive Landscape of Carbon Fiber Tape Market:
1 Introduction
2 Competitive Leadership Mapping
2.1 Visionary Leaders
2.2 Dynamic Differentiators
2.3 Emerging Companies
2.4 Innovators
3 Strength Of Product Portfolio
4 Business Strategy Excellence
5 Market Ranking
6 Revenue Analysis Of Top Players
7 Competitive Scenario
7.1 New Product Launch/New Product Development
7.2 Acquisition
7.3 Agreement
7.4 Collaboration
Reason to access this report:
The report will help leaders/new entrants in this market by providing them with the closest approximations of the revenues for the overall carbon fiber tape market and the sub-segments. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
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