Industry Background:
Unidirectional tapes or fabrics are fibers or material that are available in a structural and semi-structural form which aims at holding the position, maintaining strength, rigidity and flexibility. Material like polypropylene, polyethylene terephthalate, polyamide, etc is used which offer these properties and enhances their effectiveness in an application such as automotive interiors & exteriors, sports tools, logistics, construction, and others.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Toray Advanced Composites (United Kingdom), DSM (Netherlands), TCR Composites, Inc. (United States), Evonik Industries AG (Germany), SABIC (Saudi Arabia), Sheldahl Flexible Technologies (United States), Gernitex (United States), Chomarat (France), SGL Carbon SE (Germany), Intertape Polymer Group Inc. (Canada) and Celanese Corporation (United States) |
According to AMA, the market for Unidirectional Tapes is expected to register a CAGR of 10.4% during the forecast period to 2027. This growth is primarily driven by Need for Rigidity, Strength, and Mechanical Properties in Aerospace and Defense Application and Growing Demand for the Highly Engineered Advanced Continuous Fiber-Reinforced Material in Various Industrial Applications.
Globally, a noticeable market trend is evident Consumption of Structural Unidirectional Tapes or Fabrics The Chemicals sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Toray Advanced Composites (United Kingdom), DSM (Netherlands), TCR Composites, Inc. (United States), Evonik Industries AG (Germany), SABIC (Saudi Arabia), Sheldahl Flexible Technologies (United States), Gernitex (United States), Chomarat (France), SGL Carbon SE (Germany), Intertape Polymer Group Inc. (Canada) and Celanese Corporation (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On 6th March 2018, SABIC, a global leader in the chemical industry, has introducedd at JEC World 2018 in stand L84, hall 5, new UDMAX GPE 46-70 tape, the newest addition to its expanding portfolio of UDMAX unidirectional fiber-reinforced thermoplastic composite tape products. Commercially available worldwide, the new glass-filled high-density polyethylene grade is designed for reinforcing industrial applications, such as pipes and pressure vessels, offering unmatched tensile strength.
Unidirectional Tapes Market Dynamics:
Attributes | Details |
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Growth Drivers | - Need for Rigidity, Strength, and Mechanical Properties in Aerospace and Defense Application
- Growing Demand for the Highly Engineered Advanced Continuous Fiber-Reinforced Material in Various Industrial Applications
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Influencing Trends | - Consumption of Structural Unidirectional Tapes or Fabrics
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Restraints | - Use of Material in the Production of Unidirectional Tapes which Might Impact the Environment Adversely
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Gaps & Opportunities | - Production of Eco-friendly Sustainable Unidirectional Tapes with the Rising Regulatory Guidelines
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AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Unidirectional Tapes Market
- Analysis about New Entrants in Unidirectional Tapes Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Unidirectional Tapes Study Sheds Light on
The Unidirectional Tapes Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Unidirectional Tapes industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Unidirectional Tapes industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.