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Global Unidirectional Tapes (UD Tapes) Market Growth 2023-2029

Global Unidirectional Tapes (UD Tapes) Market Growth 2023-2029

Product Code:455502

Published Date: Feb 08,2023

Pages: 109

Region: Global

Category: Chemical & Material

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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.

LPI (LP Information)' newest research report, the “Unidirectional Tapes (UD Tapes) Industry Forecast” looks at past sales and reviews total world Unidirectional Tapes (UD Tapes) sales in 2022, providing a comprehensive analysis by region and market sector of projected Unidirectional Tapes (UD Tapes) sales for 2023 through 2029. With Unidirectional Tapes (UD Tapes) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Unidirectional Tapes (UD Tapes) industry.

This Insight Report provides a comprehensive analysis of the global Unidirectional Tapes (UD Tapes) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Unidirectional Tapes (UD Tapes) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Unidirectional Tapes (UD Tapes) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Unidirectional Tapes (UD Tapes) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Unidirectional Tapes (UD Tapes).

The global Unidirectional Tapes (UD Tapes) market size is projected to grow from US$ 222.2 million in 2022 to US$ 727.4 million in 2029; it is expected to grow at a CAGR of 727.4 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Unidirectional Tapes (UD Tapes) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Thermoplastic UD Tapes
    Thermoset UD Tapes

Segmentation by application
    Aerospace & Defense
    Automotive
    Oil & Gas
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Evonik Industries
    Solvay
    SABIC
    Teijin
    Toray Advanced Composites (TenCate)
    Celanese
    Victrex
    Mitsui Chemicals
    TOPOLO New Materials
    TeXtreme (Oxeon)
    PRF Composite Materials
    TCR Composites

Key Questions Addressed in this Report
What is the 10-year outlook for the global Unidirectional Tapes (UD Tapes) market?
What factors are driving Unidirectional Tapes (UD Tapes) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Unidirectional Tapes (UD Tapes) market opportunities vary by end market size?
How does Unidirectional Tapes (UD Tapes) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?