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Global Unidirectional Tapes Market – Analysis and Forecast to 2024 | Evonik Industries, Hexcel Corporation

Unidirectional tapes are used for selective reinforcement to improve tensile strength and stiffness in one direction. These tapes are composite material which is based on unidirectional carbon fibers. These tapes can be manufactured using different thermoplastics. The global unidirectional tapes market is anticipated to witness a significant growth during the forecast period. The growth is generally driven by the increasing use of these tapes in the various end-user industries such as aerospace and defense, automotive, and others, as these tapes provides exceptional chemical resistance.

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Geographic Overview
During the forecast period, North America is anticipated to account for the largest share in the market. The unidirectional tape market of the region is derived by the high economic growth and significantly increasing investment in the aerospace and defense industry. Along with that, the increasing demand for lightweight, technologically advanced and fuel efficient aircrafts is projected to drive the market growth.

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Competitive Insight
Performance Composites Inc., Composites Evolution Ltd., SGL Group, Evonik Industries, Hexcel Corporation, SGL Group, Celanese Corporation, SABIC, PRF Composite Materials, and BASF SE are some of the major players operating in unidirectional tapes industry.

Geographical Segmentation


Unidirectional tapes Market by Region

North America

  • U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • U.K.
  • France
  • Russia
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Middle East & Africa (MEA)

  • South Africa
  • Saudi Arabia
  • U.A.E.
  • Rest of MEA

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Written by VynZ Research

VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.

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