Press release
Unidirectional Tapes (UD Tapes) Market 2021 Analysis by Global Manufacturers - Evonik Industries, Solvay, SABIC, Teijin, Toray Advanced Composites (TenCate), Celanese
The Global Unidirectional Tapes (UD Tapes) Market report offers various key insights about market size, share, and key components related to business expansion strategies. This research report provides complete analysis of existing top players with their revenue share, upcoming trends and opportunities. Unidirectional Tapes (UD Tapes) market report describes important affecting factors like industry growth segments, production and consumption volume, supply and demand ratio with SWOT analysis. The report helps to understand the marketing strategies and development plans of industry.In 2020, the global Unidirectional Tapes (UD Tapes) market size was US$ 192.9 million and it is expected to reach US$ 606.9 million by the end of 2027, with a CAGR of 17.8% during 2021-2027.
UD tapes are composite materials based on unidirectional carbon fibers. The UD tapes can be manufactured using various thermoplastics according to customer requests. A unidirectional carbon fiber tape is a reinforcement tape that consists of several thousand parallel carbon fibers lightly bound together. Tape mechanical properties can be tuned by selecting the adequate number of fibers and the carbon type: high modulus or high strength.
Thermoplastic Unidirectional Tapes holds a comparatively larger share in global market, which accounts for about 69% in 2019.
UD tapes are used in various end-use industries, such as aerospace & defence, automotive, and sports & leisure. The UD tapes market in the aerospace & defence industry is entirely dependent on the development of new aircrafts and maintenance, repair and operations (MRO). UD tapes are used as composites which provides weight saving of 40%-50% over their conventional aluminium counterparts. Factors such as world GDP, airline fleet and traffic, and cargo traffic will determine the growth for UD tapes market in this segment. Evonik Industries, Solvay, SABIC, Teijin, Toray Advanced Composites (TenCate) and Celanese are key manufacturers of UD Tapes in the world.
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Top Leading Companies of Global Unidirectional Tapes (UD Tapes) Market are Evonik Industries, Solvay, SABIC, Teijin, Toray Advanced Composites (TenCate), Celanese, Victrex, Mitsui Chemicals, TOPOLO New Materials, TeXtreme (Oxeon), PRF Composite Materials, TCR Composites and others.
The Unidirectional Tapes (UD Tapes) Market report elaborate company profiles of the leading players in the industry by reviewing the financial standing of the company and their recent performance in the market. Every company is analyzed based on gross revenue, growth rate, and profit margin to understand the market’s historical development over the past five years (2016-2021), and an investigation of the strategic initiatives including mergers & acquisitions, product launches, and funding activity, among other essential factors.
Global Unidirectional Tapes (UD Tapes) Market Split by Product Type and Applications:
This report segments the global Unidirectional Tapes (UD Tapes) market based on Types are:
Thermoplastic UD Tapes
Thermoset UD Tapes
Based on Application, the Global Unidirectional Tapes (UD Tapes) market is segmented into:
Aerospace & Defense
Automotive
Oil & Gas
Others
Regional Analysis for Unidirectional Tapes (UD Tapes) Market:
For a comprehensive understanding of market dynamics, the global Unidirectional Tapes (UD Tapes) market is analyzed across key geographies namely the United States, Europe, China, Japan, Southeast Asia, India, Central & South America. Each of these regions is analyzed based on market findings across major countries in these regions for a macro-level understanding of the market.
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What this Research Study Offers:
- Global Unidirectional Tapes (UD Tapes) Market share assessments for the regional and country level segments
- Global Unidirectional Tapes (UD Tapes) Market share analysis of the top industry players
- Strategic recommendations for the new entrants in Global Unidirectional Tapes (UD Tapes) market
- Global Unidirectional Tapes (UD Tapes) Market forecasts for a minimum of 6 years of all the mentioned segments, sub segments and the regional Global Unidirectional Tapes (UD Tapes) markets
- Global Unidirectional Tapes (UD Tapes) Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Company profiling with detailed strategies, financials, and recent developments Supply chain trends mapping the latest technological advancements
Key Questions Answered in the Report:
- What is the growth potential of the Unidirectional Tapes (UD Tapes) market?
- Which product segment will grab a lion’s share?
- Which regional market will emerge as a leader in the coming years?
- Which application segment will grow at a healthy rate?
- What are the growth opportunities that may emerge in the Unidirectional Tapes (UD Tapes) industry in the years to come?
- What are the key challenges that the global Unidirectional Tapes (UD Tapes) market may face in the future?
- Which are the leading companies in the global Unidirectional Tapes (UD Tapes) market?
- Which are the key trends positively impacting the market growth?
- Which are the growth strategies considered by the players to sustain hold in the global Unidirectional Tapes (UD Tapes) market?
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- Free Country Level analysis for any 5 countries of your choice.
- Free Competitive analysis of any 5 key market players.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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