Stratview Research publishes a new report titled Unidirectional (UD) Tapes Market which is segmented by Fiber Type (Carbon Fiber UD Tape, Glass Fiber UD Tape, and Other UD Tapes), by Resin Type (Thermoset UD Tape and Thermoplastic UD Tape), by End-Use Industry Type (Aerospace & Defense, Automotive, Consumer Goods, Wind Energy, Oil & Gas, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)

Market Insights

The UD tape market is expected to move parallelly with the aerospace industry’s trajectory as the industry holds the lion’s share of the market. Our estimates suggest that the market is likely to take a nose-dive in 2020, followed by a steady path towards recovery in the next five years to reach an estimated value of US$ 3.1 billion in 2026.

UD tapes’ inherent set of benefits over competing metals such as steel, aluminum, and composite materials (compounds, fabric prepregs, etc.) are one of the key factors contributing to the long-term growth of the market. The changing market dynamics of each industry with perpetual demand for lightweight, durable, and high-performing materials may further reinforce the demand for UD tapes. Moreover, the expected rebound in commercial aircraft production backed by the huge order backlog of 12,724 (Airbus: 7,539 and Boeing: 5,185) as of July 2020 is expected to give a thrust to the UD tape demand.

Global Unidirectional (UD) Tapes Market Report Segments:

The Unidirectional (UD) Tapes Market is segmented into the following categories:

• Fiber Type (Carbon Fiber UD Tape, Glass Fiber UD Tape, and Other UD Tapes)
• Resin Type (Thermoset UD Tape and Thermoplastic UD Tape)
• End-Use Industry Type (Aerospace & Defense, Automotive, Consumer Goods, Wind Energy, Oil & Gas, and Others)
• Region (North America, Europe, Asia-Pacific, and Rest of the World)

Why is this report beneficial?

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

It also offers –

• Market Overview
• Key Manufacturers Profiles
• Market Analysis by Region
• Market Segment by Type
• Market Segment by Application
• Raw Material and Supply Chain
• Other Key Research Findings

All the data compiled by the market experts is the outcome of rigorous primary and secondary research conducted on the market players and reliable sources, including company white papers, journals, press releases, and more.

Key players active in the market –

The following are some of the key players in the Unidirectional (UD) Tapes Market:

• BASF SE
• Celanese Corporation
• Evonik Industries AG
• Hexcel Corporation
• Mitsubishi Chemical Carbon Fiber and Composites, Inc.
• SABIC
• SGL Carbon SE
• Solvay S.A.
• Teijin Limited
• Toray Industries, Inc.

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Customization of the report –

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