According to the recent study the thermoplastic unidirectional tape market is projected to reach an estimated $272 million by 2030 from $167 million in 2023 at a CAGR of 7% from 2023 to 2030. Growth in this market is primarily driven by increasing use of thermoplastic composites because it offers recyclability and processing benefits, such as ability to remold, shorter cycle time, and no emission of volatile matter.
Browse 77 figures/charts
and 62 tables in this 146-page report to understand trends, opportunities and
forecast in thermoplastic unidirectional tape market by end use (aerospace and
defense, transportation, sporting goods, industrial and others), reinforcement
type (carbon fiber, glass fiber and others), manufacturing process
(thermoforming, injection molding, prepreg layup, ATL/AFP, and others), resin
type (polypropylene, polymide, polyphenylene sulfide, polyether ether ketone),
and region (North America, Europe, and Asia Pacific & ROW).
Lucintel forecasts transportation will remain the
largest end use segment over the forecast period due to the increasing demand
for lightweight materials to achieve higher fuel efficiency and reusable and
recyclable materials for environmental benefits. Industrial is expected to
witness the highest growth during the forecast period.
Glass fiber type thermoplastic unidirectional tape
will remain the largest segment and carbon fiber is likely to witness the
highest growth in the forecast period supported by increasing usage of
lightweight materials in aircraft components.
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thermoplastic unidirectional tape
market.
North America is expected to remain the largest market
by value and volume over the forecast period because of rising penetration of
thermoplastic unidirectional tape in major end usees. It is also expected to
witness highest growth over the forecast period.
Cytec Solvay Group, QIVI
Technology, Polystrand (polyone), Tencate Advance Composites, Toho Tenax,
SABIC, and SGL Group are the major supplier in the thermoplastic unidirectional
tape market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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