Trusted Business Insights answers what are the scenarios for growth and recovery and whether there will be any lasting structural impact from the unfolding crisis for the Unidirectional Tapes (UD Tapes) market.
Trusted Business Insights presents an updated and Latest Study on Unidirectional Tapes (UD Tapes) Market 2019-2026. The report contains market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. The report further elaborates on the micro and macroeconomic aspects including the socio-political landscape that is anticipated to shape the demand of the Unidirectional Tapes (UD Tapes) market during the forecast period (2019-2029).
It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary, and SWOT analysis.
Get Sample Copy of this Report @ Global Unidirectional Tapes (UD Tapes) Market Research Report 2020 (Includes Business Impact of COVID-19)
“The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the Unidirectional Tapes (UD Tapes) market.
Trusted Business Insights is tracking mining/oil and gas, transportation, employment services, travel arrangements, and the leisure and hospitality sector closely as they are likely to be the hardest-hit sectors. Utilities, local pharma, diagnostics, consumer goods and durables, agro chem and fertilizers, and telecommunications are the sectors that will be weathering the COVID-19 storm and most likely come out relatively unscathed. Interdependencies of sectors are factored in our research report on the Unidirectional Tapes (UD Tapes) market.”
A unidirectional (UD) fabric is one in which the majority of fibers run in one direction only. A small amount of fiber or other material may run in other directions with the main intention being to hold the primary fibers in position, although the other fibers may also offer some structural properties. For mechanical properties, unidirectional fabrics can only be improved on by prepreg unidirectional tape, where there is no secondary material at all holding the unidirectional fibers in place.
North America accounts for a major share of the overall UD tapes market. Major factors driving the growth of the North America UD tapes market include the high demand for UD tapes in the US and Canada. This is due to the growing demand for UD tapes in commercial passenger aircraft.
The Unidirectional Tapes market was 1391.9 MT in 2018 and is projected to reach 3293.0 MT in 2025, at a CAGR of 13.09% between 2018 and 2025.
Based on the application, the Unidirectional Tapes market is segmented into Aerospace & Defense, Automotive, Consumer Products, and Others, etc. The Aerospace & Defense segment comes with 62.49% market share in 2019.
Aerospace and defense are estimated to hold the largest share of the UD tapes market in 2018 and is expected to remain the largest segment during the forecast period as well. UD tapes bring numerous advantages, such as lightweight, higher strength-to-weight ratio, and excellent corrosion resistance, over their traditional counterparts including aluminum and steel.
UD tapes also witnessed an increased penetration in various sections of an aircraft including interior components, such as seat frames. Additionally, there has been a sustainable demand for new aircraft to support rising passenger traffic. The automotive industry, another considerable segment, is likely to be the fastest-growing segment of the market during the same period. Premium vehicles and electric vehicles are likely to procure most of the UD tapes in this segment in the coming years. Stringent government regulations regarding fuel efficiency enhancement and carbon emission reductions, such as CAFÃ‰ standards, are likely to drive the demand for lightweight materials including UD tapes in the segment in the coming years.
This report focuses on Unidirectional Tapes (UD Tapes) volume and value at a global level, regional level, and company level. From a global perspective, this report represents overall Unidirectional Tapes (UD Tapes) market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, China, and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue, and market share for each manufacturer covered in this report.
Leading Manufacturers and Companies of Unidirectional Tapes (UD Tapes) covered in this report are:
- Evonik Industries
- Royal Tencate
- SGL Group
- Mitsui Chemicals
- TOPOLO New Materials
- TeXtreme (Oxeon)
- PRF Composite Materials
- TCR Composites
Leading Brands of Unidirectional Tapes (UD Tapes) covered in this market research report:
- VESTAPE (Evonik)
- UDMAX„¢ (Sabic)
- EvoliteTM F1050 (Solvay)
- HiTape® (Hexcel)
- SIGRAFIL® (SGL Group)
- Tenax® (Teijin)
- Celstran® (Celanese)
- Ultratape„¢ (BASF)
- VICTREX AE„¢ (Victrex)
- TCR„¢ Prepreg Tape
- Toray Cetex® TC1200
Unidirectional Tapes (UD Tapes) Segmentation by Type
- By Fiber Type
- Glass Fiber
- Carbon Fiber
- By Resin Type
Unidirectional Tapes (UD Tapes) Segmentation by Application
- Aerospace & Defense
- Sports & Leisure
Quick Read Table of Contents of this Report @ Global Unidirectional Tapes (UD Tapes) Market Research Report 2020 (Includes Business Impact of COVID-19)
Trusted Business Insights
Media & Marketing Executive
Email Me For Any Clarifications
Connect on LinkedIn
Click to follow Trusted Business Insights LinkedIn for Market Data and Updates.
US: +1 646 568 9797
UK: +44 330 808 0580