Thermoplastic Tapes Market by Fiber Type, Resin Type, End-use Industry

List of Tables

[191 Pages Report] The Thermoplastic Tapes Market size was estimated at USD 2.65 billion in 2023 and expected to reach USD 2.86 billion in 2024, at a CAGR 8.43% to reach USD 4.68 billion by 2030.

Global Thermoplastic Tapes Market

KEY MARKET STATISTICS
Base Year [2023]	USD 2.65 billion
Estimated Year [2024]	USD 2.86 billion
Forecast Year [2030]	USD 4.68 billion
CAGR (%)	8.43%

Thermoplastic tapes are advanced composite materials that consist of continuous fibers, such as glass, carbon, or aramid, impregnated with a thermoplastic polymer matrix. These high-performance tapes combine the advantageous properties of both their fiber and polymer constituents to provide excellent mechanical strength, dimensional stability, chemical resistance, and processability. Ongoing research on new materials, additives, and processing techniques continues to enhance the performance characteristics of thermoplastic tapes, making them more suitable for diverse applications. In addition, thermoplastics are recyclable materials that can be easily processed through heating and melting without degrading their mechanical properties, increasing the demand for thermoplastic tapes. However, the price volatility of key raw materials such as petroleum-based monomers and limited knowledge about the benefits and potential applications of thermoplastic tapes among end-users is a restraining factor for market growth. Moreover, advanced manufacturing processes such as additive manufacturing and smart recycling technologies for waste minimization are expected to create lucrative opportunities for thermoplastic tapes.

Regional Insights

Thermoplastic tapes are garnering considerable attention in various industries worldwide due to their high-performance properties, such as strength-to-weight ratio and recyclability. In the Americas region, including the United States and Canada, there has been an increasing surge for lightweight materials in the aerospace & automotive sectors to enhance fuel efficiency and lower emissions. This has led to innovations focused on improving material properties such as heat resistance and developing new applications for thermoplastic composite tapes in structural components of vehicles. Major economies in the EU region have experienced a growing interest in advanced manufacturing technologies utilizing thermoplastic tapes for environmentally friendly initiatives. Further, European companies are heavily investing in R&D activities to create sustainable products that can replace conventional metal-based materials. Major economies in the Asia Pacific showcase significant market potential for thermoplastic tapes driven by their push towards sustainable development goals through new technologies adoption within industries like automotive and consumer electronics.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Thermoplastic Tapes Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Thermoplastic Tapes Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Thermoplastic Tapes Market, highlighting leading vendors and their innovative profiles. These include Arkema Group, Ashland Inc., Avient Corporation, Berry Global Inc., CompTape B.V, Covestro AG BY Stratasys, Essentra plc., Evonik Industries AG, FLEXcon Company Inc., H.B. Fuller Company, Intertape Polymer Group Inc. BY Clearlake Capital, Koninklijke DSM N.V., Lamart Corp., Maru Hachi Corporation, Merck KGaA, Mitsui Chemicals, Inc., PPM Industries SpA., Saudi Basic Industries Corporation, SGL Carbon BY Resistotech Industries, Solvay S.A., Suprem SA, TEIJIN LIMITED, tesa Tapes (India) Private Limited, Toray Advanced Composites, and Von Roll Holding AG.

Market Segmentation & Coverage

This research report categorizes the Thermoplastic Tapes Market to forecast the revenues and analyze trends in each of the following sub-markets:

Fiber Type
- Aramid
- Carbon Fiber
- Glass Fiber
- Natural
Resin Type
- Polyamide
- Polyaryletherketone
- Polyphenylene sulfide
- Polypropylene
End-use Industry
- Aerospace & Defense
- Automotive & Transportation
- Medical & Healthcare
- Oil & Gas
- Sporting Goods
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Thermoplastic Tapes Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Thermoplastic Tapes Market?

3. What are the technology trends and regulatory frameworks in the Thermoplastic Tapes Market?

4. What is the market share of the leading vendors in the Thermoplastic Tapes Market?

5. Which modes and strategic moves are suitable for entering the Thermoplastic Tapes Market?

Product Code: MRR-A579C431592B

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Thermoplastic Tapes Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing focus on sustainable and recyclable materials
  - 5.1.1.2. Rising demand for light weight and high performance material in the aerospace companies
  - 5.1.1.3. Increasing use of thermoplastic tapes in automotive industry
- 5.1.2. Restraints
  - 5.1.2.1. High cost of material and its manufacturing
- 5.1.3. Opportunities
  - 5.1.3.1. Increasing investment for the development of new composites
  - 5.1.3.2. Advancements in manufacturing technologies
- 5.1.4. Challenges
  - 5.1.4.1. Limitation in impregnation of high viscosity thermoplastic resin with fibre
5.2. Market Segmentation Analysis
- 5.2.1. Fiber Type: Increasing use of natural fibers to maintain sustainability owing to its eco-friendly nature
- 5.2.2. Resin Type: Preference for polyamide thermoplastic (PA) tapes due to their mechanical properties and thermal stability
- 5.2.3. End-use Industry: Growing demand for thermoplastic tapes in the medical and healthcare sectors due to their high strength-to-weight ratio
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Thermoplastic Tapes Market, by Fiber Type

6.1. Introduction
6.2. Aramid
6.3. Carbon Fiber
6.4. Glass Fiber
6.5. Natural

7. Thermoplastic Tapes Market, by Resin Type

7.1. Introduction
7.2. Polyamide
7.3. Polyaryletherketone
7.4. Polyphenylene sulfide
7.5. Polypropylene

8. Thermoplastic Tapes Market, by End-use Industry

8.1. Introduction
8.2. Aerospace & Defense
8.3. Automotive & Transportation
8.4. Medical & Healthcare
8.5. Oil & Gas
8.6. Sporting Goods

9. Americas Thermoplastic Tapes Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Thermoplastic Tapes Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Thermoplastic Tapes Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Merger & Acquisition
  - 12.3.1.1. HySPIDE TP Breaks New Ground In Thermoplastic Tape Winding!
  - 12.3.1.2. Bemis Associates Inc. Acquires France-Based Company, Protechnic
- 12.3.2. New Product Launch & Enhancement
  - 12.3.2.1. Composites Evolution Launches new Evopreg Thermoplastic Tapes

13. Competitive Portfolio

13.1. Key Company Profiles
- 13.1.1. Arkema Group
- 13.1.2. Ashland Inc.
- 13.1.3. Avient Corporation
- 13.1.4. Berry Global Inc.
- 13.1.5. CompTape B.V
- 13.1.6. Covestro AG BY Stratasys
- 13.1.7. Essentra plc.
- 13.1.8. Evonik Industries AG
- 13.1.9. FLEXcon Company Inc.
- 13.1.10. H.B. Fuller Company
- 13.1.11. Intertape Polymer Group Inc. BY Clearlake Capital
- 13.1.12. Koninklijke DSM N.V.
- 13.1.13. Lamart Corp.
- 13.1.14. Maru Hachi Corporation
- 13.1.15. Merck KGaA
- 13.1.16. Mitsui Chemicals, Inc.
- 13.1.17. PPM Industries SpA.
- 13.1.18. Saudi Basic Industries Corporation
- 13.1.19. SGL Carbon BY Resistotech Industries
- 13.1.20. Solvay S.A.
- 13.1.21. Suprem SA
- 13.1.22. TEIJIN LIMITED
- 13.1.23. tesa Tapes (India) Private Limited
- 13.1.24. Toray Advanced Composites
- 13.1.25. Von Roll Holding AG
13.2. Key Product Portfolio

14. Appendix

14.1. Discussion Guide
14.2. License & Pricing