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Thermoplastic Tapes Market by Fiber Type (Glass, Carbon), Resin Type (PAEK, PA, PPS, PP), Application (Aerospace & Defense, Automotive & Transportation, Oil & Gas, Sporting Goods, Medical & Healthcare), and Region - Global Forecasts to 2028

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    Report

  • 186 Pages
  • July 2023
  • Region: Global
  • Markets and Markets
  • ID: 5850033
Description Jump to:

High Demand for Thermoplastic Tapes from Aerospace & Defense Sector to Drive Market

The thermoplastic tapes market is projected to grow from USD 2.7 billion in 2023 to USD 4.4 billion by 2028, at a CAGR of 10.5% during the forecast period. Carbon fibers are used in composites with a lightweight matrix for applications in extreme conditions such as high temperatures due to its chemical inertness, damping properties, and low cost. The use of carbon fiber thermoplastic tapes was majorly restricted to high-end applications such as aerospace & defense and luxury automobiles due to their high cost. However, over the years, the cost of these tapes has reduced drastically due to the advent of new technologies and a decreased cycle time for processing, thereby increasing their customer base.

In satellites and aeronautics manufacturing plants, carbon fiber tapes are used to make products lightweight and fuel efficient. Carbon fiber thermoplastic tapes also provide longer durability to the products. They are also used in sporting goods such as golf shafts, baseball bats, hockey sticks, and tennis rackets. The demand from various industries are driving the growth of carbon fiber in the market.

The PAEK resin type is projected to register the highest CAGR during the forecasted year

One of the most commonly used resins in thermoplastic tapes is PAEK. This material boasts high strength, good impact resistance, and flame retardance, among other desirable properties. It represents a whole family of thermoplastics, including PEEK, PEK, PEKK, and PEKEKK. These thermoplastic tapes are used for various applications, such as aircraft interiors, brackets, and seats, due to their ability to withstand high temperatures, chemical exposure, and fatigue.

PEKK composites are highly scratch and abrasion-resistant, making them suitable for use in the automotive, marine, medical, electronics, and aerospace industries. The increasing requirement of light weight aircraft is boosting the demand of PAEK prepregs. 

During the forecast period, the thermoplastic tapes market in North America region is projected to register the second highest market share, in terms of value

The growth of the thermoplastic tapes market in the North America region is mainly driven by the growing aerospace & defense and automotive & transportation sectors. Low interest rates, presence of established players, stringent environmental regulations, and emphasizing the use of lightweight composite materials are also expected to drive the market. The region is home to some of the prominent manufacturers of thermoplastic tapes, such as Hexcel Corporation and Solvay. These companies manufacture high-quality thermoplastic tapes used in aerospace & defense, automotive & transportation, oil & gas, sporting goods, and medical & healthcare industries. 

The demand for thermoplastic tapes is increasing due to their growing consumption by Boeing in its aircraft, which is one of the major aircraft manufacturers in the North American region. Thermoplastic tapes are used in primary and secondary structures of the aircraft, mainly in wing spars, wing skins, fuselage skin, access panels, rib stiffeners, brackets, conduit, and flooring.

This study has been validated through primary interviews with industry experts globally. These primary sources have been divided into the following three categories:

  • By Company Type- Tier 1- 37%, Tier 2- 33%, and Tier 3- 30%
  • By Designation- C Level- 50%, Director Level- 20%, and Others- 30%
  • By Region- Europe- 50%, Asia Pacific (APAC) - 20%, North America- 15%, Middle East & Africa (MEA)-10%, Latin America- 5%

The report provides a comprehensive analysis of company profiles:

Prominent companies include Toray Industries, Inc.(Japan), Teijin Limited (Japan), SGL Carbon (Germany), Solvay (Belgium), Hexcel Corporation (US), , SABIC (Saudi Arabia), Mitsui Chemicals, Inc. (Japan), Evonik Industries AG (Germany), Arkema (Netherlands), and BASF SE (US), among others. 

Research Coverage

This research report categorizes the thermoplastic tapes market by fiber type (Carbon, Glass, and Others), resin type (PAEK, PA, PPS, PP, Others), application (Aerospace & Defense, Automotive & Transportation, Oil & Gas, Medical & Healthcare, Sporting Goods, and Others) & region (North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the thermoplastic tapes market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements. new product & service launches, mergers and acquisitions, and recent developments associated with the thermoplastic tapes market. Competitive analysis of upcoming startups in the thermoplastic tapes market ecosystem is covered in this report. 

Reasons to buy this report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall thermoplastic tapes market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Wide application in primary and secondary aircraft structures, High durability and fatigue resistance, reduced fuel consumption and carbon emission, easy recyclability), restraints (high processing and manufacturing cost), opportunities (Increased demand from various industries, rising need for electric vehicles, reduced carbon fiber cost), and challenges (development of low cost technologies, limited use of carbon fiber in high temperature applications) influencing the growth of the thermoplastic tapes market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the thermoplastic tapes market
  • Market Development: Comprehensive information about lucrative markets - the report analyses the thermoplastic tapes market across varied regions 
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the thermoplastic tapes market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Toray Industries, Inc.(Japan), Teijin Limited (Japan), SGL Carbon (Germany), Solvay (Belgium), Hexcel Corporation (US), SABIC (Saudi Arabia), Mitsui Chemicals, Inc. (Japan) among others in the fiberglass market

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.2.1 Inclusions and Exclusions
1.3 Study Scope
Figure 1 Thermoplastic Tapes Market Segmentation
1.3.1 Regions Covered
1.3.2 Years Considered
1.4 Currency Considered
1.5 Units Considered
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
Figure 2 Thermoplastic Tapes Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Primary Participants
2.1.2.3 Breakdown of Primary Interviews
2.1.2.4 Key Industry Insights
2.2 Base Number Calculation
2.2.1 Approach 1: Demand-Side Analysis
2.2.2 Approach 2: Supply-Side Analysis
2.3 Forecast Number Calculation
2.3.1 Supply Side
2.3.2 Demand Side
2.4 Market Size Estimation
2.4.1 Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
2.4.2 Top-Down Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
2.5 Data Triangulation
Figure 5 Thermoplastic Tapes Market: Data Triangulation
2.6 Recession Impact
2.7 Factor Analysis
2.8 Assumptions
2.9 Limitations and Risks

3 Executive Summary
Figure 6 Aerospace & Defense End-Use Industry to Dominate Market During Forecast Period
Figure 7 Carbon Fiber Accounted for Largest Market Share in 2022
Figure 8 Paek Resin Dominated Market in 2022
Figure 9 Europe to Record Highest CAGR During Forecast Period

4 Premium Insights
4.1 Attractive Opportunities for Players in Thermoplastic Tapes Market
Figure 10 High Demand for Thermoplastic Tapes from Aerospace & Defense Sector to Drive Market
4.2 Thermoplastic Tapes Market, by Resin Type
Figure 11 Paek Accounted for Largest Market Share in 2022
4.3 Thermoplastic Tapes Market, by Fiber Type
Figure 12 Carbon Fiber Dominated Market in 2022
4.4 Thermoplastic Tapes Market, by End-Use Industry
Figure 13 Automotive & Transportation Recorded Highest Growth During Forecast Period 2023-2028
4.5 Thermoplastic Tapes Market, by Key Country
Figure 14 China to Register Highest CAGR During Forecast Period

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 15 Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Wide Application in Primary and Secondary Aircraft Structures
5.2.1.2 High Durability and Fatigue Resistance
5.2.1.3 Reduced Fuel Consumption and Carbon Emission
5.2.1.4 Increasing Adoption of Eco-Friendly Products
5.2.2 Restraints
5.2.2.1 High Processing and Manufacturing Costs
5.2.3 Opportunities
5.2.3.1 Increased Demand from Various Industries
5.2.3.2 Rising Need for Electric Vehicles
5.2.3.3 Reduced Carbon Fiber Cost
5.2.4 Challenges
5.2.4.1 Development of Low-Cost Technologies
5.2.4.2 Limited Use of Carbon Fiber Tapes in High-Temperature Applications
5.3 Porter's Five Forces Analysis
Figure 16 Porter's Five Forces Analysis: Thermoplastic Tapes Market
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
Table 1 Porter's Five Forces Analysis of Thermoplastic Tapes Market
5.4 Supply Chain Analysis
Table 2 Thermoplastic Tapes Market: Supply Chain
5.5 Pricing Analysis
5.5.1 Average Selling Price, by End-Use Industry
Figure 17 Average Selling Price of Key Players by Top Three End-Use Industries (Usd/Kg)
5.5.2 Average Selling Price, by Fiber Type
Figure 18 Average Selling Price by Fiber Type (Usd/Kg)
5.5.3 Average Selling Price, by Resin Type
Figure 19 Average Selling Price by Resin Type (Usd/Kg)
5.5.4 Average Selling Price, by Region
Table 3 Average Selling Price of Thermoplastic Tapes by Region
5.6 Key Stakeholders and Buying Criteria
5.6.1 Key Stakeholders in Buying Process
Figure 20 Influence of Stakeholders on Buying Process for Top Three End-Use Industries
Table 4 Impact of Stakeholders on Buying Process
5.6.2 Buying Criteria
Figure 21 Key Buying Criteria for Top Three End-Use Industries
Table 5 Key Buying Criteria for Top Three End-users
5.7 Technology Analysis
5.8 Key Conferences and Events, 2023-2024
Table 6 Thermoplastic Tapes Market: Key Conferences and Events, 2023-2024
5.9 Regulatory Landscape
5.9.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 7 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 8 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 9 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
5.10 Ecosystem Mapping
Figure 22 Thermoplastic Tapes Market: Ecosystem Map
5.10.1 Raw Material Analysis
5.10.2 Manufacturing Process Analysis
5.10.3 Final Product Analysis
5.11 Value Chain Analysis
Figure 23 Value Chain Analysis: Thermoplastic Tapes Market
5.12 Import-Export Scenario
5.12.1 Japan
5.12.2 US
5.12.3 Germany
5.12.4 France
5.12.5 China
5.13 Case Study Analysis
5.14 Trends and Disruptions Impacting Customer Business
Figure 24 Revenue Shift of Thermoplastic Tapes Market
5.15 Patent Analysis
5.15.1 Methodology
5.15.2 Document Types
Table 10 Thermoplastic Tapes Market: Global Patents
Figure 25 Global Patent Analysis, by Document Type
Figure 26 Global Patent Publication Trends, 2012-2022
5.15.3 Insights
5.15.4 Legal StatUS
Figure 27 Thermoplastic Tapes Market: Legal Status of Patents
5.15.5 Jurisdiction Analysis
Figure 28 Global Jurisdiction Analysis
5.15.6 Top Applicants
Figure 29 Zhejiang University Registered Highest Number of Patents
Table 11 Patent Analysis

6 Thermoplastic Tapes Market, by Fiber Type
6.1 Introduction
Figure 30 Carbon Fiber Segment to Dominate Market During Forecast Period
Table 12 Thermoplastic Tapes Market, by Fiber Type, 2021-2028 (USD Million)
Table 13 Thermoplastic Tapes Market, by Fiber Type, 2021-2028 (Kiloton)
6.2 Glass Fibers
6.2.1 Used to Build Parts & Molds
Table 14 Glass Fiber: Thermoplastic Tapes Market, by Region, 2021-2028 (USD Million)
Table 15 Glass Fiber: Thermoplastic Tapes Market, by Region, 2021-2028 (Kiloton)
6.3 Carbon Fibers
6.3.1 Used in Sporting Goods
Table 16 Carbon Fiber: Thermoplastic Tapes Market, by Region, 2021-2028 (USD Million)
Table 17 Carbon Fiber: Thermoplastic Tapes Market, by Region, 2021-2028 (Kiloton)
6.4 Other Fibers
Table 18 Other Fibers: Thermoplastic Tapes Market, by Region, 2021-2028 (USD Million)
Table 19 Other Fibers: Thermoplastic Tapes Market, by Region, 2021-2028 (Kiloton)

7 Thermoplastic Tapes Market, by End-Use Industry
7.1 Introduction
Figure 31 Aerospace & Defense to Account for Largest Market Share During Forecast Period
Table 20 Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 21 Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
7.2 Aerospace & Defense
7.2.1 Need for Fuel-Efficient and Advanced Aircraft to Drive Market
Figure 32 Europe to Lead Market in Aerospace & Defense Segment
Table 22 Aerospace & Defense: Thermoplastic Tapes Market, by Region, 2021-2028 (USD Million)
Table 23 Aerospace & Defense: Thermoplastic Tapes Market, by Region, 2021-2028 (Kiloton)
7.3 Automotive & Transportation
7.3.1 Rising Demand for Lightweight Vehicles to Reduce Fuel Consumption
Table 24 Automotive & Transportation: Thermoplastic Tapes Market, by Region, 2021-2028 (USD Million)
Table 25 Automotive & Transportation: Thermoplastic Tapes Market, by Region, 2021-2028 (Kiloton)
7.4 Oil & Gas
7.4.1 Use of Thermoplastic Tapes in Deep-Sea Oil Facilities to Propel Market
Table 26 Oil & Gas: Thermoplastic Tapes Market, Region, 2021-2028 (USD Million)
Table 27 Oil & Gas: Thermoplastic Tapes Market, by Region, 2021-2028 (Kiloton)
7.5 Sporting Goods
7.5.1 Use of Small Tow Carbon Fibers to Boost Market
Table 28 Sporting Goods: Thermoplastic Tapes Market, by Region, 2021-2028 (USD Million)
Table 29 Sporting Goods: Thermoplastic Tapes Market, by Region, 2021-2028 (Kiloton)
7.6 Medical & Healthcare
7.6.1 Increasing Investment in Medical and Pharma Industries to Propel Market
Table 30 Medical & Healthcare: Thermoplastic Tapes Market, by Region, 2021-2028 (USD Million)
Table 31 Medical & Healthcare: Thermoplastic Tapes Market, by Region, 2021-2028 (Kiloton)
7.7 Other End-Use Industries
7.7.1 Construction & Infrastructure
7.7.2 Pipes & Tanks
7.7.3 Energy
Table 32 Other End-Use Industries: Thermoplastic Tapes Market, by Region, 2021-2028 (USD Million)
Table 33 Other End-Use Industries: Thermoplastic Tapes Market, by Region, 2021-2028 (Kiloton)

8 Thermoplastic Tapes Market, by Resin Type
8.1 Introduction
Figure 33 Paek Segment to Dominate Thermoplastic Tapes Market
Table 34 Thermoplastic Tapes Market, by Resin Type, 2021-2028 (USD Million)
Table 35 Thermoplastic Tapes Market, by Resin Type, 2021-2028 (Kiloton)
8.2 Polyaryletherketone
8.2.1 Good Thermal Stability and Low Friction Coefficient
Table 36 Paek: Thermoplastic Tapes Market, by Region, 2021-2028 (USD Million)
Table 37 Paek: Thermoplastic Tapes Market, by Region, 2021-2028 (Kiloton)
8.3 Polyamide
8.3.1 High Resistance to Heat and Chemical Attack
Table 38 Pa: Thermoplastic Tapes Market, by Region, 2021-2028 (USD Million)
Table 39 Pa: Thermoplastic Tapes Market, by Region, 2021-2028 (Kiloton)
8.4 Polyphenylene Sulfide
8.4.1 Thermally Stable and Corrosion Resistant
Table 40 Pps: Thermoplastic Tapes Market, by Region, 2021-2028 (USD Million)
Table 41 Pps: Thermoplastic Tapes Market, by Region, 2021-2028 (Kiloton)
8.5 Polypropylene
8.5.1 Offers Superior Strength and Chemical Resistance
Table 42 Pp: Thermoplastic Tapes Market, by Region, 2021-2028 (USD Million)
Table 43 Pp: Thermoplastic Tapes Market, by Region, 2021-2028 (Kiloton)
8.6 Other Resin Types
Table 44 Other Resins: Thermoplastic Tapes Market, by Region, 2021-2028 (USD Million)
Table 45 Other Resins: Thermoplastic Tapes Market, by Region, 2021-2028 (Kiloton)

9 Thermoplastic Tapes Market, by Region
9.1 Introduction
Figure 34 China to Record Fastest Growth in Carbon Fiber Market During Forecast Period
Table 46 Thermoplastic Tapes Market, by Region, 2021-2028 (USD Million)
Table 47 Thermoplastic Tapes Market, by Region, 2021-2028 (Kiloton)
9.2 North America
Figure 35 North America: Thermoplastic Tapes Market Snapshot
Table 48 North America: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 49 North America: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
Table 50 North America: Thermoplastic Tapes Market, by Resin Type, 2021-2028 (USD Million)
Table 51 North America: Thermoplastic Tapes Market, by Resin Type, 2021-2028 (Kiloton)
Table 52 North America: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 53 North America: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
Table 54 North America: Thermoplastic Tapes Market, by Country, 2021-2028 (USD Million)
Table 55 North America: Thermoplastic Tapes Market, by Country, 2021-2028 (Kiloton)
9.2.1 US
9.2.1.1 Presence of Well-Established Players to Drive Market
Table 56 Us: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 57 Us: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
9.2.2 Canada
9.2.2.1 Growth of Manufacturing Sector to Propel Market
Table 58 Canada: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 59 Canada: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
9.3 Europe
Figure 36 Europe: Thermoplastic Tapes Market Snapshot
Table 60 Europe: Thermoplastic Tapes Market, by Fiber Type, 2021-2028 (USD Million)
Table 61 Europe: Thermoplastic Tapes Market, by Fiber Type, 2021-2028 (Kiloton)
Table 62 Europe: Thermoplastic Tapes Market, by Resin Type, 2021-2028 (USD Million)
Table 63 Europe: Thermoplastic Tapes Market, by Resin Type, 2021-2028 (Kiloton)
Table 64 Europe: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 65 Europe: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
Table 66 Europe: Thermoplastic Tapes Market, by Country, 2021-2028 (USD Million)
Table 67 Europe: Thermoplastic Tapes Market, by Country, 2021-2028 (Kiloton)
9.3.1 Germany
9.3.1.1 Strong Manufacturing Base and Infrastructure to Drive Market
Table 68 Germany: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 69 Germany: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
9.3.2 France
9.3.2.1 Increasing Demand in Aerospace & Defense Sector to Propel Market
Table 70 France: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 71 France: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
9.3.3 UK
9.3.3.1 High Demand for Fuel-Efficient and Lightweight Vehicles to Boost Market
Table 72 Uk: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 73 Uk: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
9.3.4 Italy
9.3.4.1 Growth of Automotive & Transportation Sector to Fuel Demand for Thermoplastic Tapes
Table 74 Italy: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 75 Italy: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
9.3.5 Spain
9.3.5.1 Use of Composites in Aircraft to Boost Market
Table 76 Spain: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 77 Spain: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
9.3.6 Rest of Europe
Table 78 Rest of Europe: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 79 Rest of Europe: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
9.4 Asia-Pacific
Figure 37 Asia-Pacific: Thermoplastic Tapes Market Snapshot
Table 80 Asia-Pacific: Thermoplastic Tapes Market, by Fiber Type, 2021-2028 (USD Million)
Table 81 Asia-Pacific: Thermoplastic Tapes Market, by Fiber Type, 2021-2028 (Kiloton)
Table 82 Asia-Pacific: Thermoplastic Tapes Market, by Resin Type, 2021-2028 (USD Million)
Table 83 Asia-Pacific: Thermoplastic Tapes Market, by Resin Type, 2021-2028 (Kiloton)
Table 84 Asia-Pacific: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 85 Asia-Pacific: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
Table 86 Asia-Pacific: Thermoplastic Tapes Market, by Country, 2021-2028 (USD Million)
Table 87 Asia-Pacific: Thermoplastic Tapes Market, by Country, 2021-2028 (Kiloton)
9.4.1 China
9.4.1.1 Demand for Sporting Goods to Drive Market
Table 88 China: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 89 China: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
9.4.2 Japan
9.4.2.1 Production of High-Quality Thermoplastic Tapes to Drive Market
Table 90 Japan: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 91 Japan: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
9.4.3 South Korea
9.4.3.1 Presence of Major Automotive Companies to Boost Market
Table 92 South Korea: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 93 South Korea: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
9.4.4 Australia
9.4.4.1 Increasing Demand for Electric Vehicles to Propel Market
Table 94 Australia: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 95 Australia: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
9.4.5 Taiwan
9.4.5.1 Growth of Sporting Goods Industry to Drive Market
Table 96 Taiwan: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 97 Taiwan: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
9.4.6 Rest of Asia-Pacific
Table 98 Rest of Asia-Pacific: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 99 Rest of Asia-Pacific: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
9.5 Middle East & Africa
Table 100 Middle East & Africa: Thermoplastic Tapes Market, by Fiber Type, 2021-2028 (USD Million)
Table 101 Middle East & Africa: Thermoplastic Tapes Market, by Fiber Type, 2021-2028 (Kiloton)
Table 102 Middle East & Africa: Thermoplastic Tapes Market, by Resin Type, 2021-2028 (USD Million)
Table 103 Middle East & Africa: Thermoplastic Tapes Market, by Resin Type, 2021-2028 (Kiloton)
Table 104 Middle East & Africa: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 105 Middle East & Africa: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
Table 106 Middle East & Africa: Thermoplastic Tapes Market, by Country, 2021-2028 (USD Million)
Table 107 Middle East & Africa: Thermoplastic Tapes Market, by Country, 2021-2028 (Kiloton)
9.5.1 Uae
9.5.1.1 Investment by Leading Players to Fuel Market Growth
Table 108 Uae: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 109 Uae: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
9.5.2 South Africa
9.5.2.1 Growth of Automotive & Transportation Sector to Drive Market
Table 110 South Africa: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 111 South Africa: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
9.5.3 Rest of Middle East & Africa
Table 112 Rest of Middle East & Africa: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 113 Rest of Middle East & Africa: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
9.6 Latin America
Table 114 Latin America: Thermoplastic Tapes Market, by Fiber Type, 2021-2028 (USD Million)
Table 115 Latin America: Thermoplastic Tapes Market, by Fiber Type, 2021-2028 (Kiloton)
Table 116 Latin America: Thermoplastic Tapes Market, by Resin Type, 2021-2028 (USD Million)
Table 117 Latin America: Thermoplastic Tapes Market, by Resin Type, 2021-2028 (Kiloton)
Table 118 Latin America: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 119 Latin America: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
Table 120 Latin America: Thermoplastic Tapes Market, by Country, 2021-2028 (USD Million)
Table 121 Latin America: Thermoplastic Tapes Market, by Country, 2021-2028 (Kiloton)
9.6.1 Brazil
9.6.1.1 Growth of Aerospace & Defense Sector to Boost Market
Table 122 Brazil: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 123 Brazil: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
9.6.2 Mexico
9.6.2.1 Expansion of Automotive & Transportation Sector to Propel Market
Table 124 Mexico: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 125 Mexico: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)
9.6.3 Rest of Latin America
Table 126 Rest of Latin America: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (USD Million)
Table 127 Rest of Latin America: Thermoplastic Tapes Market, by End-Use Industry, 2021-2028 (Kiloton)

10 Competitive Landscape
10.1 Introduction
10.2 Market Share Analysis
Figure 38 Market Share Analysis of Top Companies in Thermoplastic Tapes Market, 2022
Table 128 Degree of Competition: Thermoplastic Tapes Market
10.3 Ranking of Key Players
Figure 39 Ranking of Top Five Players in Thermoplastic Tapes Market
10.4 Revenue Analysis of Top Market Players
Figure 40 Revenue Analysis of Top Players in Thermoplastic Tapes Market
10.5 Company Evaluation Matrix
Table 129 Company Product Footprint
Table 130 Company End-Use Industry Footprint
Table 131 Company Region Footprint
10.5.1 Stars
10.5.2 Pervasive Players
10.5.3 Participants
10.5.4 Emerging Leaders
Figure 41 Thermoplastic Tapes Market (Global): Company Evaluation Matrix, 2022
10.6 Market Evaluation Framework
Table 132 Thermoplastic Tapes Market: Product Developments, 2018-2023
Table 133 Thermoplastic Tapes Market: Deals, 2018-2023
Table 134 Thermoplastic Tapes Market: Other Developments, 2018-2023
10.7 Competitive Benchmarking of Key Startups/Smes
Table 135 Thermoplastic Tapes Market: Key Startups/Smes
Table 136 Thermoplastic Tapes Market: Competitive Benchmarking of Key Startups/Smes
10.8 Sme Evaluation Matrix
10.8.1 Progressive Companies
10.8.2 Responsive Companies
10.8.3 Dynamic Companies
10.8.4 Starting Blocks
Figure 42 Thermoplastic Tapes Market: Sme Evaluation Matrix, 2022

11 Company Profiles
(Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View)*
11.1 Key Players
11.1.1 Evonik Industries AG
Table 137 Evonik Industries Ag: Company Overview
Figure 43 Evonik Industries Ag: Company Snapshot
Table 138 Evonik Industries Ag: Products/Solutions/Services Offered
Table 139 Evonik Industries Ag: Other Developments
11.1.2 Solvay
Table 140 Solvay: Company Overview
Figure 44 Solvay: Company Snapshot
Table 141 Solvay: Products/Solutions/Services Offered
Table 142 Solvay: Deals
Table 143 Solvay: Other Developments
11.1.3 Toray Industries, Inc.
Table 144 Toray Industries, Inc.: Company Overview
Figure 45 Toray Industries, Inc.: Company Snapshot
Table 145 Toray Industries, Inc.: Products/Solutions/Services Offered
Table 146 Toray Industries, Inc.: Deals
Table 147 Toray Industries, Inc.: Other Developments
11.1.4 Mitsui Chemicals, Inc.
Table 148 Mitsui Chemicals, Inc.: Company Overview
Figure 46 Mitsui Chemicals, Inc.: Company Snapshot
Table 149 Mitsui Chemicals, Inc.: Products/Solutions/Services Offered
Table 150 Mitsui Chemicals, Inc.: Deals
11.1.5 Sabic
Table 151 Sabic: Company Overview
Figure 47 Sabic: Company Snapshot
Table 152 Sabic: Products/Solutions/Services Offered
Table 153 Sabic: Other Developments
11.1.6 Hexcel Corporation
Table 154 Hexcel Corporation: Company Overview
Figure 48 Hexcel Corporation: Company Snapshot
Table 155 Hexcel Corporation: Products/Solutions/Services Offered
Table 156 Hexcel Corporation: Deals
11.1.7 Teijin Limited
Table 157 Teijin Limited: Company Overview
Figure 49 Teijin Limited: Company Snapshot
Table 158 Teijin Limited: Products/Solutions/Services Offered
Table 159 Teijin Limited: Deals
Table 160 Teijin Limited: Other Developments
11.1.8 Arkema
Table 161 Arkema: Company Overview
Figure 50 Arkema: Company Snapshot
Table 162 Arkema: Products/Solutions/Services Offered
Table 163 Arkema: Deals
11.1.9 Sgl Carbon
Table 164 Sgl Carbon: Company Overview
Figure 51 Sgl Carbon: Company Snapshot
Table 165 Sgl Carbon: Products/Solutions/Services Offered
11.1.10 Basf Se
Table 166 Basf Se: Company Overview
Figure 52 Basf Se: Company Snapshot
Table 167 Basf Se: Products/Solutions/Services Offered
Table 168 Basf Se: Deals
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View Might Not be Captured in Case of Unlisted Companies
11.2 Other Players
11.2.1 3M
11.2.2 Park Aerospace Corp.
11.2.3 Chomarat
11.2.4 Sigmatex
11.2.5 Dsm
11.2.6 Celanese Corporation
11.2.7 Avient
11.2.8 Tcr Composites, Inc.
11.2.9 Victrex plc
11.2.10 Comptape
11.2.11 Mitsubishi Chemical Group

12 Appendix
12.1 Discussion Guide
12.2 Knowledgestore: Subscription Portal
12.3 Customization Options
12.4 Related Reports
12.5 Author Details

Executive Summary

Companies Mentioned

  • 3M
  • Arkema
  • Avient
  • Basf Se
  • Celanese Corporation
  • Chomarat
  • Comptape
  • DSM
  • Evonik Industries AG
  • Hexcel Corporation
  • Mitsubishi Chemical Grou
  • Mitsui Chemicals, Inc.
  • Park Aerospace Corp.
  • Sabic
  • SGL Carbon
  • Sigmatex
  • Solvay
  • TCR Composites, Inc.
  • Teijin Limited
  • Toray Industries, Inc.
  • Victrex plc

Methodology

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Table Information

Report AttributeDetails
No. of Pages186
PublishedJuly 2023
Forecast Period2023 - 2028
Estimated Market Value ( USD ) in 2023 $ 2.7 Billion
Forecasted Market Value ( USD ) by 2028 $ 4.4 Billion
Compound Annual Growth Rate10.5%
Regions CoveredGlobal
No. of Companies Mentioned21

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About the Thermoplastic Tapes Market

Thermoplastic tapes are a type of plastic tape made from thermoplastic materials. These tapes are used in a variety of applications, including insulation, sealing, and protection. They are often used in the automotive, aerospace, and medical industries. Thermoplastic tapes are known for their durability, flexibility, and resistance to extreme temperatures. They are also resistant to chemicals, moisture, and UV radiation. Thermoplastic tapes are available in a variety of colors, sizes, and thicknesses. They can be used for a variety of purposes, including electrical insulation, sealing, and protection. They are also used in the construction industry for waterproofing and sealing. Some of the companies in the thermoplastic tapes market include 3M, Tesa, Nitto Denko, Intertape Polymer Group, and Scapa Group. Show Less Read more

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