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PUBLISHER: Grand View Research | PRODUCT CODE: 1433720
PUBLISHER: Grand View Research | PRODUCT CODE: 1433720
Unidirectional Tapes Market Size, Share & Trends Analysis Report By Product (Thermoplastic, Thermoset), By Fiber (Carbon, Glass, Other Fiber), By End-use (Aerospace & Defense, Automotive), By Region, And Segment Forecasts, 2024 - 2030
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Unidirectional Tapes Market Growth & Trends:
The global unidirectional tapes market size is anticipated to reach USD 793.6 million by 2030 and is anticipated to expand at a CAGR of 16.3% during the forecast period, according to a new report by Grand View Research, Inc. The demand for unidirectional tapes (UD Tapes) is expected to be driven by growth in emphasis by aircraft manufacturing companies towards the development of lightweight aircraft with increased fuel efficiency by substituting metal parts with composite materials. This also helps to reduce the maintenance cost of airplanes by eradicating problems like rusting of the outer body.
High emphasis by electric vehicle manufacturing companies towards increasing the range of vehicles is expected to propel the demand for unidirectional tapes, for improving battery utilization efficiency of the vehicles. Furthermore, initiatives by governments across several countries towards increasing the usage of electric vehicles by providing subsidies for production and sale are expected to create new growth opportunities in the market.
The growing demand for unidirectional tapes in several industries including aerospace, automotive, medical, construction, and sports & leisure has led to the adoption of several new technologies over the past few years to increase production rate and high efficiency. Some of the major technologies used in present times include automated tape laying (ATL), advanced fiber placement (AFP), and spread-tow technology.
Metals such as aluminum and steel are among the most widely used materials in the global automotive and aerospace manufacturing industry due to their high structural strength, high dimensional stability, and abundance availability. However, growing emphasis by automotive and aerospace companies on the production of lightweight cars and aircraft with better fuel efficiency is expected to create demand for woven textiles and composite materials such as unidirectional tapes.
Usage of composites such as unidirectional tapes is expanding rapidly in industries such as aerospace and automotive as substitutes for metals due to less weight. The product adoption is still limited in the market, due to its high initial cost as compared to metals and widespread usage of metals in cars over the historic period. Thus, number of buyers in the present is less as compared to product manufacturers, thus leading to high bargaining power of buyers.
Unidirectional Tapes Market Report Highlights:
- Based on product, unidirectional tapes are segmented into thermoplastic UD tapes and thermoset UD tapes. Thermoplastic UD tapes led the market in 2023 with a revenue share of 72.2%. The product offers flexibility, durability, and exceptional strength for autoclave manufacturing processes, in-situ consolidation, and press molding. In addition, these tapes have high chemical and fire resistance, which makes them suitable for applications such as rockets, model boats, launch vehicles, and Formula 1 racing cars
- Carbon fibers dominated the market with a volume share of 69.1% in 2023 as it is used in chassis & door panels of automotive vehicles, reinforcements inserted in protective equipment including helmets and vests, containers & winding pipes in other utility services. Furthermore, carbon fiber is primarily 15% lighter than glass fiber, 40% lighter than aluminum, and approximately 70% lighter than steel, which makes it a very light, strong, and rigid reinforced material
- Glass fiber was fastest-growing fiber in 2023, with a CAGR of 16.8%. Glass fibers are used to make structural composites as well as a wide range of specialty items such as frame and mold connecting sections for watercraft, airplanes, unmanned aerial vehicles, and rockets. When compared to steel wires of the same diameter, glass fiber has a higher tensile strength and a lower weight, making it an ideal choice for the production of unidirectional tapes
- Aerospace & defense industry accounted for the largest share of market in 2023 and is further expected to grow at a CAGR of 16.8% over the forecast period. One of the major factors that are propelling the market growth in aerospace applications is that structures and components made with UD tapes take less time to produce. As a result, it decreases the production time to manufacture structural components of an aircraft including aircraft seat frames, business jet wings, and sandwich panels for light aircraft
- North America dominated the market accounting for a revenue of USD 108.7 million in 2023. Robust aerospace and automobile manufacturing industries in the region coupled with growing demand for lightweight vehicles are expected to increase the demand for unidirectional tapes over the forecast period
- The market consists of key players such as Evonik Industries AG, BASF SE, SABIC, and Solvay. S.A., Hexcel Corporation, Toray Industries, Inc., and Teijin Ltd. A majority of players are involved in new product launches, acquisitions, and procuring government contracts to gain a competitive edge over their competitors, which in turn is expected to increase the player's market positioning in the overall market during the forecast period.
Product Code: GVR-4-68038-767-4
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Market Formulation & Data Visualization
- 1.3.3. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List Of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Unidirectional Tapes Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Global Adhesive Tapes Market Outlook
- 3.2. Value Chain Analysis
- 3.3. Technology Overview
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.1.1. Growing Emphasis by Aerospace Companies towards Production of Lightweight Aircraft
- 3.5.1.2. Growing Product Demand from the Automotive Industry
- 3.5.2. Market Restraint Analysis
- 3.5.2.1. Limited Product Demand from End-use Industries Due to High Cost
- 3.5.3. Industry Opportunity
- 3.5.4. Industry Challenges
- 3.5.1. Market Driver Analysis
- 3.6. Porter's Analysis
- 3.7. PESTEL Analysis, by SWOT
- 3.8. Market Disruption Analysis
Chapter 4. Unidirectional Tapes Market: Product Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. Product Movement Analysis & Market Share, 2023 & 2030
- 4.3. Unidirectional Tapes Market Estimates & Forecast, By Product, 2018 - 2030 (Million Square Meters) (USD Million)
- 4.3.1. Thermoset UD Tapes
- 4.3.1.1. Thermoset UD Tapes Market Estimates & Forecast, 2018 - 2030 (Million Square Meters) (USD Million)
- 4.3.2. Thermoplastic UD Tapes
- 4.3.2.1. Thermoplastic UD Tapes Market Estimates & Forecast, 2018 - 2030 (Million Square Meters) (USD Million)
- 4.3.1. Thermoset UD Tapes
Chapter 5. Unidirectional; Tapes Market: Fiber Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. Fiber Movement Analysis & Market Share, 2023 & 2030
- 5.3. Unidirectional Tapes Market Estimates & Forecast, By Fiber, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.4. Glass Fiber
- 5.4.1. Unidirectional Tapes Market Estimates & Forecast, by Glass Fiber, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.5. Carbon Fiber
- 5.5.1. Unidirectional Tapes Market Estimates & Forecast, by Carbon Fiber, 2018 - 2030 (Million Square Meters) (USD Million)
- 5.6. Other Fibers
- 5.6.1. Unidirectional Tapes Market Estimates & Forecast, by Other Fibers, 2018 - 2030 (Million Square Meters) (USD Million)
Chapter 6. Unidirectional Tapes Market: End-use Estimates & Trend Analysis
- 6.1. Key Takeaways
- 6.2. End-use Movement Analysis & Market Share, 2023 & 2030
- 6.3. Unidirectional Tapes Market Estimates & Forecast, By End-use, 2018 - 2030 (Million Square Meters) (USD Million)
- 6.4. Aerospace & Defense
- 6.4.1. Unidirectional Tapes Market Estimates & Forecast, for Aerospace & Defense, 2018 - 2030 (Million Square Meters) (USD Million)
- 6.5. Automotive
- 6.5.1. Unidirectional Tapes Market Estimates & Forecast, for Automotive, 2018 - 2030 (Million Square Meters) (USD Million)
- 6.6. Sports & Leisure
- 6.6.1. Unidirectional Tapes Market Estimates & Forecast, for Sports & Leisure, 2018 - 2030 (Million Square Meters) (USD Million)
- 6.7. Other End-uses
- 6.7.1. Unidirectional Tapes Market Estimates & Forecast, for other end-uses, 2018 - 2030 (Million Square Meters) (USD Million)
Chapter 7. Unidirectional Tapes Market: Regional Estimates & Trend Analysis
- 7.1. Key Takeaways
- 7.2. Regional Market Share Analysis, 2023-2030
- 7.3. North America
- 7.3.1. North America Unidirectional Tapes Market Estimates & Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 7.3.2. U.S.
- 7.3.2.1. U.S. Unidirectional Tapes Market Estimates & Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 7.3.3. Canada
- 7.3.3.1. Canada Unidirectional Tapes Market Estimates & Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 7.3.4. Mexico
- 7.3.4.1. Mexico Unidirectional Tapes Market Estimates & Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 7.4. Europe
- 7.4.1. Europe Unidirectional Tapes Market Estimates & Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 7.4.2. UK
- 7.4.2.1. UK Unidirectional Tapes Market Estimates & Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 7.4.3. Germany
- 7.4.3.1. Germany Unidirectional Tapes Market Estimates & Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 7.4.4. France
- 7.4.4.1. France Unidirectional Tapes Market Estimates & Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 7.4.5. Spain
- 7.4.5.1. Spain Unidirectional Tapes Market Estimates & Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 7.4.6. Italy
- 7.4.6.1. Italy Unidirectional Tapes Market Estimates & Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 7.5. Asia Pacific
- 7.5.1. Asia Pacific Unidirectional Tapes Market Estimates & Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 7.5.2. China
- 7.5.2.1. China Unidirectional Tapes Market Estimates & Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 7.5.3. India
- 7.5.3.1. India Unidirectional Tapes Market Estimates & Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 7.5.4. Japan
- 7.5.4.1. Japan Unidirectional Tapes Market Estimates & Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 7.5.5. South Korea
- 7.5.5.1. South Korea Unidirectional Tapes Market Estimates & Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 7.6. Central & South America
- 7.6.1. Central & South America Unidirectional Tapes Market Estimates & Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 7.6.2. Brazil
- 7.6.2.1. Brazil Unidirectional Tapes Market Estimates & Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 7.6.3. Argentina
- 7.6.3.1. Argentina Unidirectional Tapes Market Estimates & Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- 7.7. Middle East & Africa
- 7.7.1. Middle East & Africa Unidirectional Tapes Market Estimates & Forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
Chapter 8. Supplier Intelligence
- 8.1. Kraljic Matrix
- 8.2. Engagement Model
- 8.3. Negotiation Strategies
- 8.4. Sourcing Best Practices
- 8.5. Vendor Selection Criteria
- 8.6. List of Raw Material Suppliers
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis, By Key Market Participants
- 9.2. Competition Categorization
- 9.3. Company Market Positioning
- 9.4. Company Heat Map Analysis, 2023
- 9.5. Strategy Mapping, 2023
- 9.6. Company Listing
- 9.6.1. Evonik Industries AG
- 9.6.1.1. Company Overview
- 9.6.1.2. Financial Performance
- 9.6.1.3. Product Benchmarking
- 9.6.1.4. Strategic Initiatives
- 9.6.2. SABIC
- 9.6.2.1. Company Overview
- 9.6.2.2. Financial Performance
- 9.6.2.3. Product Benchmarking
- 9.6.2.4. Strategic Initiatives
- 9.6.3. Solvay. S.A.
- 9.6.3.1. Company Overview
- 9.6.3.2. Financial Performance
- 9.6.3.3. Product Benchmarking
- 9.6.3.4. Strategic Initiatives
- 9.6.4. Hexcel Corporation
- 9.6.4.1. Company Overview
- 9.6.4.2. Financial Performance
- 9.6.4.3. Product Benchmarking
- 9.6.4.4. Strategic Initiatives
- 9.6.5. Toray Industries, Inc.
- 9.6.5.1. Company Overview
- 9.6.5.2. Financial Performance
- 9.6.5.3. Product Benchmarking
- 9.6.5.4. Strategic Initiatives
- 9.6.6. SGL Group
- 9.6.6.1. Company Overview
- 9.6.6.2. Financial Performance
- 9.6.6.3. Product Benchmarking
- 9.6.6.4. Strategic Initiatives
- 9.6.7. Teijin Ltd.
- 9.6.7.1. Company Overview
- 9.6.7.2. Financial Performance
- 9.6.7.3. Product Benchmarking
- 9.6.7.4. Strategic Initiatives
- 9.6.8. BASF SE
- 9.6.8.1. Company Overview
- 9.6.8.2. Financial Performance
- 9.6.8.3. Product Benchmarking
- 9.6.8.4. Strategic Initiatives
- 9.6.9. Celanese Corporation
- 9.6.9.1. Company Overview
- 9.6.9.2. Financial Performance
- 9.6.9.3. Product Benchmarking
- 9.6.9.4. Strategic Initiatives
- 9.6.10. Victrex plc.
- 9.6.10.1. Company Overview
- 9.6.10.2. Financial Performance
- 9.6.10.3. Product Benchmarking
- 9.6.10.4. Strategic Initiatives
- 9.6.11. Cristex Composite Materials
- 9.6.11.1. Company Overview
- 9.6.11.2. Financial Performance
- 9.6.11.3. Product Benchmarking
- 9.6.11.4. Strategic Initiatives
- 9.6.12. Eurocarbon B.V.
- 9.6.12.1. Company Overview
- 9.6.12.2. Financial Performance
- 9.6.12.3. Product Benchmarking
- 9.6.12.4. Strategic Initiatives
- 9.6.13. Plastic Reinforcement Fabrics Ltd.
- 9.6.13.1. Company Overview
- 9.6.13.2. Financial Performance
- 9.6.13.3. Product Benchmarking
- 9.6.13.4. Strategic Initiatives
- 9.6.14. TCR Composites, Inc.
- 9.6.14.1. Company Overview
- 9.6.14.2. Financial Performance
- 9.6.14.3. Product Benchmarking
- 9.6.14.4. Strategic Initiatives
- 9.6.15. Barrday Inc.
- 9.6.15.1. Company Overview
- 9.6.15.2. Financial Performance
- 9.6.15.3. Product Benchmarking
- 9.6.15.4. Strategic Initiatives
- 9.6.1. Evonik Industries AG
Product Code: GVR-4-68038-767-4
List of Tables
- Table 1 Unidirectional tapes market estimates & forecast, by product, 2018 - 2030 (Million Square Meters)
- Table 2 Unidirectional tapes market estimates & forecast, by product, 2018 - 2030 (USD Million)
- Table 3 Unidirectional tapes market estimates & forecast, by fiber, 2018 - 2030 (Million Square Meters)
- Table 4 Unidirectional tapes market estimates & forecast, by fiber, 2018 - 2030 (USD Million)
- Table 5 Unidirectional tapes market estimates & forecast, by end-use, 2018 - 2030 (Million Square Meters)
- Table 6 Unidirectional tapes market estimates & forecast, by end-use, 2018 - 2030 (USD Million)
- Table 7 Recent Developments & Impact Analysis, By Key Market Participants
- Table 8 Company Heat Map Analysis, 2023
List of Figures
- Fig. 1 Unidirectional Tapes Market Segmentation
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation and Validation
- Fig. 5 Data Validating & Publishing
- Fig. 6 Market Outlook
- Fig. 7 Segmental Outlook
- Fig. 8 Segmental Outlook
- Fig. 9 Competitive Outlook
Fig. 10 Unidirectional Tapes Market - Global Adhesive Tapes Market Outlook (USD Billion)
- Fig. 11 Unidirectional Tapes Market - Value Chain Analysis
- Fig. 12 Market Driver Impact Analysis
- Fig. 13 Market Restraint Impact Analysis
- Fig. 14 Industry Analysis: Porter's
- Fig. 15 PESTEL Analysis, By SWOT
- Fig. 16 Product: Key Takeaways
- Fig. 17 Product: Market Share, 2023 & 2030
- Fig. 18 Thermoplastic UD tapes market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 19 Thermoset UD tapes market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 20 Fiber: Key Takeaways
- Fig. 21 Fiber: Market Share, 2023 & 2030
- Fig. 22 Unidirectional tapes market estimates & forecasts, by glass fiber, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 23 Unidirectional tapes market estimates & forecasts, by carbon fiber, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 24 Unidirectional tapes market estimates & forecasts, by other fibers, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 25 End-use: Key Takeaways
- Fig. 26 End-use: Market Share, 2023 & 2030
- Fig. 27 Unidirectional tapes market estimates & forecasts, for aerospace & defense, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 28 Unidirectional tapes market estimates & forecasts, for automotive, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 29 Unidirectional tapes market estimates & forecasts, for sports & leisure, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 30 Unidirectional tapes market estimates & forecasts, for other end-uses, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 31 Regional, 2023 & 2030, (USD Million)
- Fig. 32 Regional Marketplace: Key Takeaways
- Fig. 33 North America unidirectional tapes market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 34 U.S. unidirectional tapes market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 35 Canada unidirectional tapes market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 36 Mexico unidirectional tapes market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 37 Europe unidirectional tapes market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 38 UK unidirectional tapes market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 39 Germany unidirectional tapes market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 40 France unidirectional tapes market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 41 Spain unidirectional tapes market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 42 Italy unidirectional tapes market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 43 Asia Pacific unidirectional tapes market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 44 China unidirectional tapes market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 45 India unidirectional tapes market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 46 Japan unidirectional tapes market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 47 South Korea unidirectional tapes market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 48 Central & South America unidirectional tapes market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 49 Brazil unidirectional tapes market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 50 Argentina unidirectional tapes market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 51 Middle East & Africa Unidirectional tapes market estimates & forecasts, 2018 - 2030 (Million Square Meters) (USD Million)
- Fig. 52 Kraljic Matrix
- Fig. 53 Engagement Model
- Fig. 54 Sourcing Best Practices
- Fig. 55 Vendor Selection Criteria
- Fig. 56 Competition Categorization
- Fig. 57 Company Market Positioning
- Fig. 58 Company Market Share Analysis, 2023
- Fig. 59 Strategy Mapping, 2023
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