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The Unidirectional Tapes (UD Tapes) Market is likely to witness an impressive CAGR of 13.1 % over the next five years.
Driven by a host of factors including organic growth of aerospace and defense, automotive, and sports & leisure industries coupled with increasing composites penetration in structural and semi-structural sections, excellent mechanical performance, and lightweight as compared to rivals including steel and aluminium. UD tapes are gaining traction in all the major end-use industries including aerospace & defense, automotive, and sporting goods.
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The supply chain of this market comprises raw material suppliers, UD tape manufacturers, tier players, aircraft OEMs, airlines, and leasing companies. Major UD tape manufacturers are Evonik Industries, SABIC, Hexcel Corporation, TenCate, Teijin Limited, Celanese Corporation and BASF. Changing market dynamics and competitive landscapes are compelling the market players to keep advancing their materials and work closely with tier players to address their emergent market requirements. Advancement in resin system, collaborations with tier players and OEMs, and execution of mergers and acquisitions are the key strategies adopted by the major players to gain a competitive edge in the market.
Stratview Research has done a rigorous study on Unidirectional Tapes (UD Tapes) Market in its recently launched market report. Market forecast has been done after considering the views of key decision makers, extensive desk research, key market drivers and challenges, apart from our market expertise. Identify the most important factors and opportunities impacting your business decisions.
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Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter's five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
This report studies the Unidirectional Tapes (UD Tapes) Market and has segmented the market in four ways, keeping in mind the interest of all the stakeholders across the value chain. The following are the four ways in which the market is segmented:
Unidirectional Tapes (UD Tapes) Market, By Fiber Type
• Glass Fiber UD Tapes (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Carbon Fiber UD Tapes (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Other UD Tapes (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Unidirectional Tapes (UD Tapes) Market, By Resin Type
• Thermoset Resin-based UD Tapes (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Thermoplastic Resin-based UD Tapes (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Unidirectional Tapes (UD Tapes) Market, By End-Use Industry Type
• Aerospace & Defense (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Sporting Goods (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Unidirectional Tapes (UD Tapes) Market, By Region
• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, The UK, Italy, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, Argentina, and Others)
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