The global thermoplastic unidirectional tape is projected to grow at a CAGR of 0.4% during 2020-2025. The growth of global thermoplastic unidirectional tape is 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.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the global thermoplastic unidirectional tape by end use industry (aerospace & defense, transportation, sporting goods, industrial, and others), by reinforcement type (glass fiber, carbon fiber, and others), by resin type (PEEK, PA, PP, PPS, and others), and region (North America, Europe, and Asia Pacific and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the global thermoplastic unidirectional tape?
Q.4 What are some changing demands of customers in the global thermoplastic unidirectional tape?
Q.5 What are the new developments in the global thermoplastic unidirectional tape? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this the global thermoplastic unidirectional tape area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this global thermoplastic unidirectional tape?
Emerging trends, which have a direct impact on the dynamics of the industry, include the continuous innovation and development of new products and applications.
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Market Segmentation:
Based on end use industry, the global thermoplastic unidirectional tape is segmented into aerospace & defense, transportation, sporting goods, industrial, and others. The transportation segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period due to increasing demand for lightweight materials to achieve higher fuel efficiency and reusable and recyclable materials for environmental benefits are driving growth for this segment over the forecast period.
North America is expected to be the largest region with the highest growth over the forecast period because of rising penetration of thermoplastic unidirectional tape in major end use industries.
Key Players in the Global thermoplastic unidirectional tape are Cytec Solvay Group, QIYI Technology, Polystrand (Polyone), TenCate, Toho Tenax, and Celanese and others.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
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About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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