Thermoplastic Tapes Market Expected Reach 4.4 billion by 2028, Growth 10.5%, Global Insights, Size, Share, Top Players and Current Trends

The thermoplastic tapes market refers to the industry involved in the production, distribution, and application of thermoplastic tapes. Thermoplastic tapes are reinforced materials made from thermoplastic polymers and are widely used in various industries for their lightweight, high strength, and excellent mechanical properties.

Thermoplastic tapes are typically produced by impregnating continuous fibers, such as carbon fibers, glass fibers, or aramid fibers, with a molten thermoplastic resin. The impregnated fibers are then consolidated and cooled to form a solid tape. These tapes can be manufactured using different thermoplastic polymers, including polyethylene, polypropylene, polyamide, among others.

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The thermoplastic tapes market is projected to grow from USD 2.7 billion in 2023 to USD 4.4 billion by 2028, at a CAGR of 10.5% during the forecast period. Carbon fibers are used in composites with a lightweight matrix for applications in extreme conditions such as high temperatures due to its chemical inertness, damping properties, and low cost.

The report provides a comprehensive analysis of company profiles:

Prominent companies include Toray Industries, Inc.(Japan), Teijin Limited (Japan),SGL Carbon (Germany), Solvay (Belgium), Hexcel Corporation (US), , SABIC (Saudi Arabia), Mitsui Chemicals, Inc. (Japan), Evonik Industries AG (Germany), Arkema (Netherlands),and BASF SE (US), among others.

The report provides insights on the following pointers:

Analysis of key drivers (Wide application in primary and secondary aircraft structures, High durability and fatigue resistance, reduced fuel consumption and carbon emission, easy recyclability), restraints (high processing and manufacturing cost), opportunities(Increased demand from various industries, rising need for electric vehicles, reduced carbon fiber cost), and challenges (development of low cost technologies, limited use of carbon fiber in high temperature applications) influencing the growth of the thermoplastic tapes market

Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the thermoplastic tapes market
Market Development: Comprehensive information about lucrative markets - the report analyses the thermoplastic tapes market across varied regions

Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the thermoplastic tapes market

Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Toray Industries, Inc.(Japan), Teijin Limited (Japan), SGL Carbon (Germany), Solvay (Belgium), Hexcel Corporation (US),SABIC (Saudi Arabia), Mitsui Chemicals, Inc. (Japan)among others in the fiber glass market

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Table of Contents

1 Introduction 28
1.1 Study Objectives 28
1.2 Market Definition 28
1.2.1 Inclusions And Exclusions 28
1.3 Study Scope 29
Figure 1 Thermoplastic Tapes Market Segmentation 29
1.3.1 Regions Covered 29
1.3.2 Years Considered 30
1.4 Currency Considered 30
1.5 Units Considered 30
1.6 Limitations 30
1.7 Stakeholders 31

2 Research Methodology 32
2.1 Research Data 32
Figure 2 Thermoplastic Tapes Market: Research Design 32
2.1.1 Secondary Data 33
2.1.1.1 Key Data From Secondary Sources 33
2.1.2 Primary Data 34
2.1.2.1 Key Data From Primary Sources 34
2.1.2.2 Key Primary Participants 34
2.1.2.3 Breakdown Of Primary Interviews 35
2.1.2.4 Key Industry Insights 35
2.2 Base Number Calculation 36
2.2.1 Approach 1: Demand-Side Analysis 36
2.2.2 Approach 2: Supply-Side Analysis 37
2.3 Forecast Number Calculation 37
2.3.1 Supply Side 37
2.3.2 Demand Side 37
2.4 Market Size Estimation 38
2.4.1 Bottom-Up Approach 38
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach 38
2.4.2 Top-Down Approach 38
Figure 4 Market Size Estimation Methodology: Top-Down Approach 38
2.5 Data Triangulation 39
Figure 5 Thermoplastic Tapes Market: Data Triangulation 39
2.6 Recession Impact 40
2.7 Factor Analysis 40
2.8 Assumptions 41
2.9 Limitations And Risks 41

3 Executive Summary 42
Figure 6 Aerospace & Defense End-Use Industry To Dominate Market During Forecast Period 42
Figure 7 Carbon Fiber Accounted For Largest Market Share In 2022 43
Figure 8 Paek Resin Dominated Market In 2022 43
Figure 9 Europe To Record Highest Cagr During Forecast Period 44

4 Premium Insights 45
4.1 Attractive Opportunities For Players In Thermoplastic Tapes Market 45
Figure 10 High Demand For Thermoplastic Tapes From Aerospace & Defense Sector To Drive Market 45
4.2 Thermoplastic Tapes Market, By Resin Type 45
Figure 11 Paek Accounted For Largest Market Share In 2022 45
4.3 Thermoplastic Tapes Market, By Fiber Type 46

and More…

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