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Unidirectional Tapes (UD Tapes) Market to Record a Robust Growth Rate at a CAGR of 17.8% by 2030 | Solvay, SABIC, Toray Advanced Composites (TenCate), Mitsui Chemicals

03-26-2024 05:19 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QY Research Inc.

Unidirectional Tapes (UD Tapes) Market

Unidirectional Tapes (UD Tapes) Market

Report Introduction: -

QY Research's latest report 'Unidirectional Tapes (UD Tapes) Market 2024 Report' is a cornerstone of global industries, serving as a foundational element for various sectors such as manufacturing, construction, healthcare, and agriculture. This expansive market encompasses a wide array of products, including specialty chemicals, polymers, metals, ceramics, and composites, among others. From enabling technological advancements to driving innovation and sustainability initiatives, the Unidirectional Tapes (UD Tapes) market plays a pivotal role in shaping the modern world economy. This report provides an in-depth exploration of the trends, challenges, and opportunities within this dynamic market landscape.

The global market for Unidirectional Tapes (UD Tapes) was estimated to be worth US$ 227.1 million in 2023 and is forecast to a readjusted size of US$ 724.1 million by 2030 with a CAGR of 17.8% during the forecast period 2024-2030

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Thermoplastic Unidirectional Tapes holds a comparatively larger share in global market, which accounts for about 69% in 2019.

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.

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.

Market Drivers and Barriers:-

Unidirectional Tapes (UD Tapes) market drivers include a few key factors include growing consumer demand for the product, successful marketing tactics in new states, and large investments in product development. Easy access to competitors is one of the main issues facing the Unidirectional Tapes (UD Tapes) business. Another hurdle to the Unidirectional Tapes (UD Tapes) market is the low cost of substitutes. Businesses think they can get past this barrier, though, by controlling prices and introducing chemicals, specialty chemicals, polymers, metals, ceramics, composites, and advanced materials sector, which will increase consumer demand for their products. Furthermore, in order to minimise dangers, modify their plans, and continue operating, market participants must face substantial challenges. Consequently, companies will be able to effectively allocate their resources without compromising timely market supply or product quality.

Studies of Methodology:-

The report has its roots truly set in thorough techniques provided with the aid of proficient facts analysts. the study's methodology includes the collection of information through analysts simplest to have them studied and filtered thoroughly in an try to provide good sized predictions approximately the marketplace over the evaluate length. The research method further consists of interviews with main market influencers, which makes the primary research applicable and realistic. The secondary methods give a direct peek into the demand and deliver connection. The market methodologies followed within the record offer specific facts analysis and provide a tour of the whole marketplace. Each number one and secondary techniques to data collection were used. in addition to these, publicly available assets together with annual reviews, and white papers had been utilized by records analysts for an insightful know-how of the marketplace.

Unidirectional Tapes (UD Tapes) Market Segmentation: -

Our market analysts are experts in deeply segmenting the global Unidirectional Tapes (UD Tapes) market and thoroughly evaluating the growth potential of each and every segment studied in the report. Right at the beginning of the research study, the segments are compared on the basis of consumption and growth rate for a review period of nine years. The segmentation study included in the report offers a brilliant analysis of the global Unidirectional Tapes (UD Tapes) market, taking into consideration the market potential of different segments studied. the Segmentation allows businesses to better understand their target audience and tailor their marketing strategies and offerings to specific segments. Here are two common ways to segment a market: by type and by application.

Top Key Players Included:-

Evonik Industries

Solvay
SABIC
Teijin
Toray Advanced Composites (TenCate)
Celanese
Victrex
Mitsui Chemicals
TOPOLO New Materials
TeXtreme (Oxeon)
PRF Composite Materials
TCR Composites

Segmentation By Type :-

Thermoplastic UD Tapes
Thermoset UD Tapes

Segmentation By Application : -

Aerospace & Defense
Automotive
Oil & Gas
Others

Regional Analysis:-

The following phase of the report gives valuable insights into distinct regions and the key players working inside every of them. To evaluate the increase of a particular region or economic, social, environmental, technological, and political factors have been carefully taken into consideration. The segment also provides readers with revenue and sales records for each vicinity and accrued via comprehensive research. This record is supposed to assist readers in Figuring out the ability fee of an investment in a particular region.

→ North America (U.S., Canada, China)
→ Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
→ Asia-Pacific (Japan, South Korea, China Taiwan, Southeast Asia, India)
→ Middle East, Africa, Latin America (Brazil, Mexico, Turkey, Israel, GCC Countries)

Key Features Of The Study:-

→ This Report Provides In-Depth Analysis Of The Global Unidirectional Tapes (UD Tapes) Market, And Provides Market Size (US$ Million) And CAGR For The Forecast Period (2024-2030), Considering 2022 As The Base Year.

→ This Report Profiles Key Players In The Global Unidirectional Tapes (UD Tapes) Market Based On The Following Parameters - Company Details (Found Date, Headquarters, Manufacturing Bases), Products Portfolio, Unidirectional Tapes (UD Tapes) Sales Data, Market Share And Ranking.

→ This Report Elucidates Potential Market Opportunities Across Different Segments And Explains Attractive Investment Proposition Matrices For This Market.

→ This Report Illustrates Key Insights About Market Drivers, Restraints, Opportunities, Market Trends, Regional Outlook.

→ The Global Unidirectional Tapes (UD Tapes) Market Report Caters To Various Stakeholders In This Industry Including Investors, Suppliers, Product Manufacturers, Distributors, New Entrants, And Financial Analysts.

Market Overview

1.1 Unidirectional Tapes (UD Tapes) Product Introduction
1.2 Global Unidirectional Tapes (UD Tapes) Market Size Forecast
1.2.1 Global Unidirectional Tapes (UD Tapes) Sales Value (2019-2030)
1.2.2 Global Unidirectional Tapes (UD Tapes) Sales Volume (2019-2030)
1.2.3 Global Unidirectional Tapes (UD Tapes) Sales Price (2019-2030)
1.3 Unidirectional Tapes (UD Tapes) Market Trends & Drivers
1.3.1 Unidirectional Tapes (UD Tapes) Industry Trends
1.3.2 Unidirectional Tapes (UD Tapes) Market Drivers & Opportunity
1.3.3 Unidirectional Tapes (UD Tapes) Market Challenges
1.3.4 Unidirectional Tapes (UD Tapes) Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered

2 Competitive Analysis by Company
2.1 Global Unidirectional Tapes (UD Tapes) Players Revenue Ranking (2023)
2.2 Global Unidirectional Tapes (UD Tapes) Revenue by Company (2019-2024)
2.3 Global Unidirectional Tapes (UD Tapes) Players Sales Volume Ranking (2023)
2.4 Global Unidirectional Tapes (UD Tapes) Sales Volume by Company Players (2019-2024)
2.5 Global Unidirectional Tapes (UD Tapes) Average Price by Company (2019-2024)
2.6 Key Manufacturers Unidirectional Tapes (UD Tapes) Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Unidirectional Tapes (UD Tapes) Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Unidirectional Tapes (UD Tapes)
2.9 Unidirectional Tapes (UD Tapes) Market Competitive Analysis
2.9.1 Unidirectional Tapes (UD Tapes) Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Unidirectional Tapes (UD Tapes) Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Unidirectional Tapes (UD Tapes) as of 2023)
2.10 Mergers & Acquisitions, Expansion

3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Thermoplastic UD Tapes
3.1.2 Thermoset UD Tapes
3.2 Global Unidirectional Tapes (UD Tapes) Sales Value by Type
3.2.1 Global Unidirectional Tapes (UD Tapes) Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Unidirectional Tapes (UD Tapes) Sales Value, by Type (2019-2030)
3.2.3 Global Unidirectional Tapes (UD Tapes) Sales Value, by Type (%) (2019-2030)
3.3 Global Unidirectional Tapes (UD Tapes) Sales Volume by Type
3.3.1 Global Unidirectional Tapes (UD Tapes) Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Unidirectional Tapes (UD Tapes) Sales Volume, by Type (2019-2030)
3.3.3 Global Unidirectional Tapes (UD Tapes) Sales Volume, by Type (%) (2019-2030)
3.4 Global Unidirectional Tapes (UD Tapes) Average Price by Type (2019-2030)

4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Aerospace & Defense
4.1.2 Automotive
4.1.3 Oil & Gas
4.1.4 Others
4.2 Global Unidirectional Tapes (UD Tapes) Sales Value by Application
4.2.1 Global Unidirectional Tapes (UD Tapes) Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Unidirectional Tapes (UD Tapes) Sales Value, by Application (2019-2030)
4.2.3 Global Unidirectional Tapes (UD Tapes) Sales Value, by Application (%) (2019-2030)
4.3 Global Unidirectional Tapes (UD Tapes) Sales Volume by Application
4.3.1 Global Unidirectional Tapes (UD Tapes) Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Unidirectional Tapes (UD Tapes) Sales Volume, by Application (2019-2030)
4.3.3 Global Unidirectional Tapes (UD Tapes) Sales Volume, by Application (%) (2019-2030)
4.4 Global Unidirectional Tapes (UD Tapes) Average Price by Application (2019-2030)

Continue ...

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FAQ's:

What strategies of big players help them acquire a share in the regional market?

What are influencing factors driving the demand for Unidirectional Tapes (UD Tapes) near future?

What is the impact analysis of various factors in the Global Unidirectional Tapes (UD Tapes) growth?

What are the recent trends in the regional market and how successful they are?

What opportunity the country would offer for existing and new players in the Unidirectional Tapes (UD Tapes)?

What are the key findings of the SWOT and Porter's five analysis?

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QY Research, INC.
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Los Angeles, CA - 91748
USA: +1 626 539 9760
India: +91 8669986909
Emails - hitesh@qyresearch.com / enquiry@qyresearch.com

About Us:

QYResearch established as a research firm in 2007 and have since grown into a trusted brand amongst many industries. Over the years, we have consistently worked toward delivering high-quality customized solutions for wide range of clients ranging from ICT to healthcare industries. With over 50,000 satisfied clients, spread over 80 countries, we have sincerely strived to deliver the best analytics through exhaustive research methodologies.

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