Lucintel's latest market report analyzed that thermoplastic unidirectional tape provides attractive opportunities in the beauty and personal care market. The thermoplastic unidirectional tape market is expected to reach $249.1 million by 2028 with a CAGR of 7.9%. In this market, transportation is the largest segment by end use, whereas glass fiber is largest by reinforcement type. Continuous innovation and development of new products and application and mixed scenario: consolidated as well as new entry provides strategic growth path in this market.
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Based on end use, the thermoplastic unidirectional tape market is segmented
into aerospace and defense, transportation, sporting goods, industrial and
others. The transportation segment accounted for the largest share of the
market in 2022 and is expected to register the highest CAGR during the forecast
period, due to the increasing demand for lightweight materials to achieve
higher fuel efficiency and reusable and recyclable materials for environmental
benefits.
Browse in-depth TOC on
“Thermoplastic Unidirectional Tape Market”
62 – Tables
77 – Figures
146 – Pages
The Thermoplastic
Unidirectional Tape Market is marked by the presence of several big and small
players. Some of the prominent players offering thermoplastic unidirectional
tape include Cytec Solvay Group, QIVI Technology, Polystrand (polyone), Tencate
Advance Composites, Toho Tenax, SABIC, and SGL Group.
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