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Unidirectional Tapes Market – Analysis and Forecast To 2024

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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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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.

Sports and leisure category is also expected to register a good growth in the coming years, owing to the increasing demand of high strength equipment to maximize the performance of sportsman. The superior properties of these tapes such as high impact strength, good chemical resistance, and others are also making it a preferred choice in the market, driving the unidirectional tapes market growth.

The demand of these tapes is significantly increasing in the developed countries such as U.S. and Canada, due to their increasing use in commercial passenger aircraft. For example, they are used in manufacturing of Boeing 787 and Airbus A380 aircraft. According to Boeing, almost 7,290 airplanes will be delivered between 2014 and 2033 in North America. Hence, the increase in demand of aircrafts will eventually drive the market of these tapes.

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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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.

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