Lucintel Forecasts Thermoplastic Unidirectional Tape Market to Reach $272.0 million by 2030
Lucintel Forecasts Thermoplastic Unidirectional Tape Market to Reach $272.0 million by 2030
Blog Article
According to the recent study the thermoplastic unidirectional tape market is
projected to reach an estimated $272.0 million by 2030 from $167.2 million in 2023,
at a CAGR of 7.0% from 2023 to 2030. Growth in this market is primarily driven by
increasing use of thermoplastic composites because it offers recyclability and
processing benefits, such as ability to remold, shorter cycle time, and no emission of
volatile matter.
Browse 139 figures / charts and 97 tables in this 171 -page report to understand
trends, opportunities and forecast in thermoplastic unidirectional tape market by end
use (aerospace and defense, transportation, sporting goods, industrial and others),
reinforcement type (carbon fiber, glass fiber and others), manufacturing process
(thermoforming, injection molding, prepreg layup, ATL/AFP, and others), resin type
(polypropylene, polymide, polyphenylene sulfide, polyether ether ketone), and region
(North America, Europe, and Asia Pacific & ROW).
Lucintel forecasts transportation will remain the largest end use segment over the
forecast period due to the increasing demand for lightweight materials to achieve
higher fuel efficiency and reusable and recyclable materials for environmental
benefits. Industrial is expected to witness the highest growth during the forecast
period.
Glass fiber type thermoplastic unidirectional tape will remain the largest segment and
carbon fiber is likely to witness the highest growth in the forecast period supported
by increasing usage of lightweight materials in aircraft components.
Download sample by clicking on thermoplastic unidirectional tape market
North America is expected to remain the largest market by value and volume over
the forecast period because of rising penetration of thermoplastic unidirectional tape
in major end usees. It is also expected to witness highest growth over the forecast
period.
Cytec Solvay Group, QIVI Technology, Polystrand (polyone), Tencate Advance
Composites, Toho Tenax, SABIC, and SGL Group are the major supplier in the
thermoplastic unidirectional tape market.
This unique research report will enable you to make confident business decisions in
this globally competitive marketplace. For a detailed table of contents, contact
Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of
more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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