Press release
Thermoplastic Tapes Market Trends, Innovations, Growth, Challenges and opportunities By 2028 | Expert Review
Browse 168 market data Tables and 52 Figures spread through 192 Pages and in-depth TOC on "Thermoplastic Tapes Market"
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. This report provides a comprehensive analysis of industry, including thermoplastic tapes market size [https://www.marketsandmarkets.com/Market-Reports/thermoplastic-tape-market-137180592.html?utm_source=abnewswire.com&utm_medium=referral&utm_campaign=thermoplastictape], trends, drivers and constraints, competitive aspects, and prospects for future growth. Thermoplastic tape is a composite comprising properties of fibers and plastics (resins). These tapes are impregnated with various thermoplastic resins, including PAEK, PPS, PC, PA, PET, TPU, and others. Thermoplastic tapes are used in various industries, including aerospace & defense, automotive & transportation, oil & gas, medical & healthcare, construction, and sports equipment manufacturing. The increasing demand for thermoplastic tapes in these industries are projected to fuel market development in the upcoming years.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=137180592 [https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=137180592&utm_source=abnewswire.com&utm_medium=referral&utm_campaign=thermoplastictape]
Glass fiber held the second largest market for thermoplastic tapes.
Glass fiber are used in various applications due to their low cost compared to traditional materials such as steel and aluminum. Glass fiber-based thermoplastic tapes are preferable over carbon fiber as they provide a quick and affordable way to build parts & molds and make repairs. Glass fibers are easy to process and less expensive but have low tensile strength and performance than carbon fiber. The glass fiber segment of the thermoplastic tapes market is expected to grow significantly in the coming years, driven by the low cost and easy processing of fiberglass that can be used in various applications .
PA segment holds the second-highest market in 2022.
Polyamide (PA)-based compounds are widely used thermoplastic composites worldwide. Thermoplastic composites containing PA resin matrix offer an ideal combination of properties suitable for automotive, aerospace & defense, energy, industrial, and electronics applications. Polyamide is easy to process, has high resistance to heat and chemical attack, good mechanical strength, and stiffness with good dielectric properties, friction, and wear resistance. It enables automotive OEMs to reduce weight without compromising vehicle performance. Polyamide, when used along with long carbon fibers, provides higher strength in automotive applications. In the automotive & transportation industry, PA is used for door modules, bumper stiffeners, and dashboard crossbeams.
Middle East & Africa is expected to grow with a significant CAGR during the forecast period.
The thermoplastic tapes market in the Middle East & Africa includes the UAE, South Africa, and Rest of the Middle East & Africa. The market growth is attributed to the developing aerospace & defense, automotive & transportation industries in the region. Thermoplastic tapes are in demand in the Middle East & Africa due to their lightweight and corrosion-resistant properties. The oil & gas industry, aerospace & defense, automotive & transportation, and sporting goods markets are driving up the demand for these tapes in the region.
Get a Sample Copy of This Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=137180592 [https://www.marketsandmarkets.com/requestsampleNew.asp?id=137180592&utm_source=abnewswire.com&utm_medium=referral&utm_campaign=thermoplastictape]
Key aircraft manufacturers, such as Boeing, Airbus, and Bombardier, are targeting Gulf buyers for the business jet market. The demand for repairing existing pipes, tanks, and infrastructure in the oil & gas industry contributes to market growth. The increasing need for sporting goods is also driving the thermoplastic tapes market in the region.
Thermoplastic Tapes Companies [https://www.marketsandmarkets.com/ResearchInsight/thermoplastic-tape-market.asp?utm_source=abnewswire.com&utm_medium=referral&utm_campaign=thermoplastictape]
Major manufacturers in this market are based in North America and Europe. Toray Industries, Inc. (Japan), Teijin Limited (Japan), SGL Carbon (Germany), Hexcel Corporation (US), Solvay(Belgium), Evonik Industries AG(Germany), BASF SE (Germany) are among a few leading players operating in the thermoplastic tapes market. These players have adopted various growth strategies to strengthen their position in the market. These include product launches, contracts, partnerships, mergers and acquisitions, and new product development activities to expand their presence in the thermoplastic tapeas market further.
Toray Industries Inc. (Japan)
Toray Industries, Inc.(Japan) is a multinational corporation headquartered in Tokyo, Japan. It operates in various industries, including aerospace & defense, automotive & transportation, healthcare, energy, sports equipments, and consumer products. Toray Industries is known for its innovative products and solutions across different sectors.
Toray Industries offers thermoplastic composite tapes through its subsidiary, Toray Advanced Composites. Carbon fiber material composite segment. . It has manufacturing and research facilities in North America, Latin America, Europe, Africa, Asia, and other regions.
Inquire Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=137180592 [https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=137180592&utm_source=abnewswire.com&utm_medium=referral&utm_campaign=thermoplastictape]
Teijin Limited (Japan)
Teijin Limited offers advanced solutions for automotive & transportation, aerospace & defense, healthcare, electronics, energy and industrial. The company provides thermoplastic tapes through its subsdidiary, Toho Tenax. Teijin operates through the materials business field, healthcare, fiber & products converting, IT business, and other segments. The company has a geographical presence in Europe, North America, and Asia Pacific.
Solvay (Belgium)
Solvay is one of the leading players in the plastics and chemical business worldwide. It provides carbon fiber tape products through its subsidiary, Cytec Industries Inc. It primarily develops, manufactures, and sells products for the agro feed & food, automotive & aerospace, building & construction, customer goods & healthcare, electrical & electronics, energy & environment, and industrial applications. The company manages its operations through Materials, Chemicals, Solutions, and Corporate & Business services. It offers UD tapes under the brand Evolite. It has a wide global presence in North America, Europe, Latin America, and Asia Pacific.
Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=thermoplastic-tapes-market-trends-innovations-growth-challenges-and-opportunities-by-2028-expert-review]
Phone: 18886006441
Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445
City: Florida
State: Florida
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/thermoplastic-tape-market-137180592.html
Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Thermoplastic Tapes Market Trends, Innovations, Growth, Challenges and opportunities By 2028 | Expert Review here
News-ID: 3892761 • Views: …
More Releases from ABNewswire
Improving Social Skills and Communication: Flywheel Centers Details the Benefits …
Flywheel Centers explains how ABA therapy improves social skills and communication in children with autism in Charlotte, NC, offering personalized support for growth.
Charlotte, NC - Autism Spectrum Disorder (ASD) is a developmental condition that affects how individuals communicate, interact, and process information. For families in Charlotte, NC, seeking effective therapies to support their loved ones with autism, Applied Behavior Analysis (ABA) therapy has proven to be a valuable tool. ABA…
Stellar Scientific Explains Why Gravity Convection Ovens Are Perfect for Delicat …
Stellar Scientific explains how gravity convection ovens ensure consistent and delicate heating, making them perfect for precision cooking in various industries.
In laboratory and industrial environments, precision and consistency are crucial when it comes to heating applications. Whether it's for drying, sterilizing, or sample preparation, a stable and uniform heat distribution ensures accurate results. Gravity convection ovens, known for their reliability and delicate temperature control, are an ideal solution for such…
Unlocking Potential with ABA Therapy: How A Gem of Joy ABA Helps Children with A …
A Gem of Joy ABA in Baltimore, MD, uses ABA therapy to unlock potential in children with autism, helping them develop key skills for a brighter future.
Baltimore, MD - Autism Spectrum Disorder (ASD) affects millions of children worldwide, presenting unique challenges in communication, behavior, and social interaction. For families in Baltimore, MD, finding effective therapies is essential in helping children with autism reach their full potential. A Gem of Joy…
The Healing Power of Art: How Creative Therapy Zone in Thornhill, ON, Uses Art T …
Creative Therapy Zone in Thornhill, ON, harnesses the healing power of art therapy, helping individuals improve mental wellness through creative expression and support.
Thornhill, ON - Mental wellness is an essential aspect of overall health, and individuals facing mental health challenges often seek therapeutic approaches that go beyond traditional talk therapy. Art therapy has emerged as a powerful tool for individuals looking to express themselves, process emotions, and heal through creativity.…
More Releases for Thermoplastic
Thermoplastic Filler Market Size Analysis by Application, Type, and Region: Fore …
USA, New Jersey- According to Market Research Intellect, the global Thermoplastic Filler market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The Thermoplastic Filler Market is experiencing steady growth, driven by increasing demand across industries such as automotive, construction, and packaging. These fillers are widely used…
Thermoplastic Valves Market Business Strategies and Challenges, Growth Drivers t …
CALIFORNIA, (UNITED STATES) - According to QYResearch New Study Report 'Thermoplastic Valves Market 2024' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular…
Thermoplastic Elastomers (TPEs) and Thermoplastic Vulcanizates (TPVs) Market Siz …
LP INFORMATION offers a latest published report on Thermoplastic Elastomers (TPEs) and Thermoplastic Vulcanizates (TPVs) Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the Thermoplastic Elastomers (TPEs) and Thermoplastic Vulcanizates (TPVs) market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million…
Mouth Guard Market Segmented By Manufacture - poly (vinyl acetate-ethylene) copo …
Mouth Guard Market- Overview
Mouth guard like several other sports accessories surfaced as one of the essential product, and witnessed rapid proliferation in preference among contact as well as non-contact sports participants. Made of thermoplastic, mouth guard is used to prevent injury in contact sports, such as but not limited to boxing, mixed martial arts, football, basketball, baseball, hockey. Mouth guard over recent times has also been reported to be a…
Thermoplastic Elastomers (TPE) Market Segmentation by Product Types (Styrene-bas …
Thermoplastic Elastomers (TPE) Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers, and the current and future trends. Thermoplastic Elastomers are the class of polymers which consist of thermoplastics and elastomeric properties. Thermoplastic elastomers consist of several properties such as high flexibility, slip resistance, electric…
Thermoplastic Elastomers (TPE) Market | By Product | Thermoplastic Polyolefins , …
The Thermoplastic Elastomers (TPE) market research report recently published by Crystal Market Research Reports offers a detailed study of Thermoplastic Elastomers (TPE) industry across the globe with prime focus on major regions including North America, Europe, and Asia. Intially, the report covers basic information related to Thermoplastic Elastomers (TPE) market such as Thermoplastic Elastomers (TPE) definition, product types, range of applications, supply and demand analysis of Thermoplastic Elastomers (TPE) industry.
The…
