Growth Opportunities in the Global Unidirectional Tapes Market - Industry Size & Forecast To 2027


Posted September 10, 2021 by industryno1

VynZ Research is a global market intelligence company providing research reports.

 
The global unidirectional tapes market is anticipated to witness significant growth during the forecast period. The growth is generally driven by the increasing use of these tapes in the various end-user industries such as aerospace and defense, automotive, and others, as these tapes provide exceptional chemical resistance.

Unidirectional tapes are used for selective reinforcement to improve tensile strength and stiffness in one direction. These tapes are a composite material that is based on unidirectional carbon fibers. These tapes can be manufactured using different thermoplastics.

The unidirectional tapes market is segmented into glass and carbon. Both types of tape possess competitive physical properties including strength and stiffness, high toughness, and low density.

However, the glass fiber category is anticipated to hold a larger share in the market during the forecast period, as these are easy to process and manufacture as compared to carbon fiber. It also provides a quick and affordable way to make repairs and build parts and molds.

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The unidirectional tapes market is categorized into thermoplastic and thermoset. The thermoplastic tapes segment is the larger segment and is projected to register faster growth. This is attributed to its use in various industries due to its superior properties.

For instance, due to their high toughness, moisture absorption resistance, high strength, and other properties, these tapes are preferred in the aerospace and defense industry.

The unidirectional tapes market is classified into aerospace and defense, automotive, sports and leisure, and others.

Among all these, the aerospace and defense category is anticipated to witness significant growth in the coming years, owing to the increasing demand for lightweight materials to achieve fuel efficiency in aircraft.

for instance, in ultralight aircraft, these tapes are used in lightweight sandwich panels, thus, all these factors are contributing towards the market growth.

High manufacturing and high processing cost are identified as a major restraints in the growth of the unidirectional tapes market. The manufacturing and processing costs of these tapes are high due to the high cost of raw materials and high labor costs.

The general process of manufacturing unidirectional tapes is to draw collimated raw strands into a prepreg machine. In the prepreg machine, the strands coupled with molten resins are combined using heat and pressure.

The mixture of these resins and fibers commonly travels between coated carrier papers or films through the machine for easy discharge.

North America is anticipated to account for the largest share in the market. The unidirectional tape market of the region is derived from the high economic growth and significantly increased investment in the aerospace and defense industry.

Performance Composites Inc., Composites Evolution Ltd., SGL Group, Evonik Industries, Hexcel Corporation, SGL Group, Celanese Corporation, SABIC, PRF Composite Materials, and BASF SE are some of the major players operating in the unidirectional tapes industry.

Source: VynZ Research
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Last Updated September 10, 2021