Unidirectional Tapes (UD Tapes) Market by Fiber Type (Glass, Carbon), Resin (Thermoplastic, Thermoset), End-use Industry (Aerospace & Defense, Automotive, Sports & Leisure), and Region (North America, Europe, Asia Pacific) - Global Forecast to 2023

  • ID: 4576975
  • Report
  • Region: Global, Asia, Asia Pacific, Europe, North America, United States
  • 109 Pages
  • Markets and Markets
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The unidirectional tapes (UD Tapes) market is estimated at USD 165.8 million in 2018 and is projected to reach USD 316.3 million by 2023, at a CAGR of 13.79% from 2018 to 2023.

FEATURED COMPANIES

  • Axiom Materials
  • Celanese Corporation
  • Evonik Industries
  • PRF Composite Materials
  • SGL Group
  • TCR Composites
  • MORE

“Unidirectional tapes (UD Tapes) market projected to grow at CAGR of 13.79%”

The unidirectional tapes (UD Tapes) market is estimated at USD 165.8 million in 2018 and is projected to reach USD 316.3 million by 2023, at a CAGR of 13.79% from 2018 to 2023. The growth of the market is driven by the increasing demand from end-use industries, such as aerospace & defense, automotive, and sports & leisure mostly from the North America region. The cost of UD tapes is high as compared to that of UD fabrics. This is a drawback that severely restricts its range of uses.

“Aerospace & defense to be the fastest-growing end-use industry segment of UD tapes market”

UD tapes are used in various end-use industries, such as aerospace & defense, automotive, and sports & leisure. The growth of the UD tapes market in the aerospace & defense industry is driven by the need for fuel-efficient and technologically advanced aircraft. UD tapes have higher strength-to-weight capability than other traditional aerospace materials. In addition, high strength, high stiffness, and high abrasion resistance are achieved with the use of UD tapes in aircraft. These tapes are used in both primary and secondary structures in aircraft. UD tapes are used in aircraft seat frames as they help reduce the weight of aircraft seats by 30% in comparison to the traditional aluminum frame seats. These factors are expected to drive the demand for UD tapes in the aerospace & defense end-use industry during the forecast period.

“Rising demand from North America is major driver for UD tapes market”

North America is estimated to account for the largest share of the UD tapes market in 2018, in terms of both volume and value. The market in this region is also projected to register the highest CAGR between 2018 and 2023, in terms of value. The North America UD tapes market is driven by high economic growth and heavy investments in the aerospace & defense industry. Increasing demand for lightweight, fuel-efficient, and technologically advanced aircraft is expected to drive the demand for UD tapes in North America.

Extensive primary interviews have been conducted and information has been gathered from secondary research to determine and verify the market size of several segments and subsegments.

Breakup of Primary Interviews:

  • By Company Type: Tier 1 – 45%, Tier 2 – 35%, and Tier 3 – 25%
  • By Designation: C Level – 34%, D Level – 26%, and Others – 41%
  • By Region: North America – 24%, Europe – 42%, APAC – 21%, Middle East & Africa – 7%, and South America – 6%

Key companies profiled in this report include Royal TenCate N.V. (Netherlands), Cytec Solvay Group (US), SABIC (Saudi Arabia) Teijin Ltd. (Japan), Hexcel Corporation (US), and Evonik industries (Germany).

Research Coverage:

The UD tapes market report has been segmented on the basis of fiber type (glass, carbon), resin (thermoplastic, thermoset), end-use industry (aerospace & defense, automotive, sports & leisure), and region (North America, Europe, Asia Pacific, South America, and Middle East & Africa). The end-use industry segment is further analyzed for each country in the respective regions. The report also provides company profiles and competitive strategies adopted by key players in the UD tapes market.

Reasons to Buy the Report:

From an insight perspective, this research report focuses on various levels of analyses—industry analysis (industry trends), market share analysis of top players, value-chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the market; high growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on UD tapes offered by top players in the UD tapes market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the UD tapes market
  • Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the market for UD tapes across regions
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the UD tapes market
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the UD tapes market
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FEATURED COMPANIES

  • Axiom Materials
  • Celanese Corporation
  • Evonik Industries
  • PRF Composite Materials
  • SGL Group
  • TCR Composites
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Unit Considered
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
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 Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Assumptions and Limitations
2.4.1 Assumptions
2.4.2 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities for Market Players
4.2 Unidirectional Tapes (UD Tapes) Market, By Fiber
4.3 Unidirectional Tapes (UD Tapes) Market, By Resin
4.4 Unidirectional Tapes (UD Tapes) Market, Developed vs Developing Countries
4.5 North America Unidirectional Tapes (UD Tapes) Market, By End-Use Industry and Country
4.6 Unidirectional Tapes (UD Tapes) Market, By Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Demand From Aerospace Industry
5.2.1.2 Increasing Demand From Automotive Industry for Manufacturing Lightweight Vehicles
5.2.2 Restraints
5.2.2.1 Issues Related to Recyclability
5.2.3 Opportunities
5.2.3.1 Increasing Use of Unidirectional Tapes (UD Tapes) in New and Emerging Applications
5.2.4 Challenges
5.2.4.1 High Manufacturing and Processing Cost of Unidirectional Tapes (UD Tapes)
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Buyers
5.3.4 Bargaining Power of Suppliers
5.3.5 Intensity of Competitive Rivalry
5.4 Macroeconomic Overview and Key Trends
5.4.1 Trends and Forecast of GDP
5.4.2 Trends in the Aerospace Industry
5.4.3 Trends in Automotive Industry

6 Unidirectional Tapes (UD Tapes) Market, By Resin
6.1 Introduction
6.2 Thermoplastic Unidirectional Tapes (UD Tapes)
6.2.1 Polyether Ether Ketone (PEEK)
6.2.2 Polyamide
6.2.3 Others
6.3 Thermoset Unidirectional Tapes (UD Tapes)
6.3.1 Epoxy
6.3.2 Others

7 Unidirectional Tapes (UD Tapes) Market, By Fiber
7.1 Introduction
7.2 Glass Fiber
7.3 Carbon Fiber

8 Unidirectional Tapes (UD Tapes)Market, By End-Use Industry
8.1 Introduction
8.2 Aerospace & Defense
8.3 Automotive
8.4 Sports & Leisure
8.5 Others

9 Unidirectional Tapes (UD Tapes) Market, By Region
9.1 Introduction
9.2 APAC
9.2.1 China
9.2.2 Japan
9.2.3 South Korea
9.2.4 Taiwan
9.2.5 Rest of APAC
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 UK
9.3.4 Italy
9.3.5 Spain
9.3.6 Rest of Europe
9.4 North America
9.4.1 US
9.4.2 Canada
9.5 Middle East & Africa
9.5.1 Israel
9.5.2 UAE
9.5.3 South Africa
9.5.4 Rest of the Middle East & Africa
9.6 South America
9.6.1 Brazil
9.6.2 Rest of South America

10 Competitive Landscape
10.1 Overview
10.2 Competitive Scenario
10.2.1 New Product Launch
10.2.2 Expansion

11 Company Profiles
11.1 Evonik Industries
11.2 Sabic
11.3 Solvay
11.4 Hexcel Corporation
11.5 Royal Tencate
11.6 SGL Group
11.7 Teijin Limited
11.8 Celanese Corporation
11.9 BASF
11.10 Victrex
11.11 Additional Companies
11.11.1 Cristex
11.11.2 Eurocarbon
11.11.3 PRF Composite Materials
11.11.4 TCR Composites
11.11.5 Sigmatex
11.11.6 Axiom Materials
11.11.7 Barrday
11.11.8 Oxeon AB

12 Appendix
12.1 Discussion Guide
12.2 Knowledge Store
12.3 Introducing RT: Real-Time Market Intelligence
12.4 Available Customizations
12.5 Related Reports
12.6 Author Details

List of Tables
Table 1 Unidirectional Tapes (UD Tapes) Market Snapshot, 2018 vs 2023
Table 2 Trends and Forecast of GDP, Percentage Change
Table 3 Global Growth Indicators of Aerospace Industry, 2016–2035
Table 4 Growth Indicators of Aerospace Industry, By Region 2016–2035
Table 5 New Airplane Deliveries, By Region, 2016–2035
Table 6 Automotive Production, By Region, 2016–2021
Table 7 Unidirectional Tapes (UD Tapes) Market Size, By Resin, 2016–2023 (Ton)
Table 8 Unidirectional Tapes (UD Tapes) Market Size, By Resin, 2016–2023 (USD Million)
Table 9 Thermoplastic Unidirectional Tapes (UD Tapes) Market Size, By Region, 2016–2023 (Ton)
Table 10 Thermoplastic Unidirectional Tapes (UD Tapes) Market Size, By Region, 2016–2023 (USD Million)
Table 11 Thermoset Unidirectional Tapes (UD Tapes) Market Size, By Region, 2016–2023 (Ton)
Table 12 Thermoset Unidirectional Tapes (UD Tapes) Market Size, By Region, 2016–2023 (USD Million)
Table 13 Unidirectional Tapes (UD Tapes) Market Size, By Fiber, 2016–2023 (Ton)
Table 14 Unidirectional Tapes (UD Tapes) Market Size, By Fiber, 2016–2023 (USD Million)
Table 15 Glass Fiber Unidirectional Tapes (UD Tapes) Market Size, By Region, 2016–2023 (Ton)
Table 16 Glass Fiber Unidirectional Tapes (UD Tapes) Market Size, By Region, 2016–2023 (USD Million)
Table 17 Carbon Fiber Unidirectional Tapes (UD Tapes) Market Size, By Region, 2016–2023 (Ton)
Table 18 Carbon Fiber Unidirectional Tapes (UD Tapes) Market Size, By Region, 2016–2023 (USD Million)
Table 19 Unidirectional Tapes (UD Tapes) Market Size, By End-Use Industry, 2016–2023 (Ton)
Table 20 Unidirectional Tapes (UD Tapes) Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 21 Unidirectional Tapes (UD Tapes) Market Size in Aerospace & Defense, By Region, 2016–2023 (Ton)
Table 22 Unidirectional Tapes (UD Tapes) Market Size in Aerospace & Defense, By Region, 2016–2023 (USD Million)
Table 23 Unidirectional Tapes (UD Tapes) Market Size in Automotive, By Region, 2016–2023 (Ton)
Table 24 Unidirectional Tapes (UD Tapes) Market Size in Automotive, By Region, 2016–2023 (USD Million)
Table 25 Unidirectional Tapes (UD Tapes) Market Size in Sports & Leisure, By Region, 2016–2023 (Ton)
Table 26 Unidirectional Tapes (UD Tapes) Market Size in Sports & Leisure, By Region, 2016–2023 (USD Million)
Table 27 Unidirectional Tapes (UD Tapes) Market Size in Other End-Use Industries, By Region, 2016–2023 (Ton)
Table 28 Unidirectional Tapes (UD Tapes) Market Size in Other End-Use Industries, By Region, 2016–2023 (USD Million)
Table 29 Unidirectional Tapes (UD Tapes) Market Size, By Region, 2016–2023 (Ton)
Table 30 Unidirectional Tapes (UD Tapes) Market Size, By Region, 2016–2023 (USD Million)
Table 31 APAC: Unidirectional Tapes (UD Tapes) Market Size, By End-Use Industry, 2016–2023 (Ton)
Table 32 APAC: Unidirectional Tapes (UD Tapes) Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 33 APAC: Unidirectional Tapes (UD Tapes) Market Size, By Resin, 2016–2023 (Ton)
Table 34 APAC: Unidirectional Tapes (UD Tapes) Market Size, By Resin, 2016–2023 (USD Million)
Table 35 APAC: Unidirectional Tapes (UD Tapes) Market Size, By Fiber, 2016–2023 (Ton)
Table 36 APAC: Unidirectional Tapes (UD Tapes) Market Size, By Fiber, 2016–2023 (USD Million)
Table 37 APAC: Unidirectional Tapes (UD Tapes) Market Size, By Country, 2016–2023 (Ton)
Table 38 APAC: Unidirectional Tapes (UD Tapes) Market Size, By Country, 2016–2023 (USD Million)
Table 39 Europe: Unidirectional Tapes (UD Tapes) Market Size, By End-Use Industry, 2016–2023 (Ton)
Table 40 Europe: Unidirectional Tapes (UD Tapes) Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 41 Europe: Unidirectional Tapes (UD Tapes) Market Size, By Resin, 2016–2023 (Ton)
Table 42 Europe: Unidirectional Tapes (UD Tapes) Market Size, By Resin, 2016–2023 (USD Million)
Table 43 Europe: Unidirectional Tapes (UD Tapes) Market Size, By Fiber, 2016–2023 (Ton)
Table 44 Europe: Unidirectional Tapes (UD Tapes) Market Size, By Fiber, 2016–2023 (USD Million)
Table 45 Europe: Unidirectional Tapes (UD Tapes) Market Size, By Country, 2016–2023 (Ton)
Table 46 Europe: Unidirectional Tapes (UD Tapes) Market Size, By Country, 2016–2023 (USD Million)
Table 47 North America: Unidirectional Tapes (UD Tapes) Market Size, By End-Use Industry, 2016–2023 (Ton)
Table 48 North America: Unidirectional Tapes (UD Tapes) Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 49 North America: Unidirectional Tapes (UD Tapes) Market Size, By Resin, 2016–2023 (Ton)
Table 50 North America: Unidirectional Tapes (UD Tapes) Market Size, By Resin, 2016–2023 (USD Million)
Table 51 North America: Unidirectional Tapes (UD Tapes) Market Size, By Fiber, 2016–2023 (Ton)
Table 52 North America: Unidirectional Tapes (UD Tapes) Market Size, By Fiber, 2016–2023 (USD Million)
Table 53 North America: Unidirectional Tapes (UD Tapes) Market Size, By Country, 2016–2023 (Ton)
Table 54 North America: Unidirectional Tapes (UD Tapes) Market Size, By Country, 2016–2023 (USD Million)
Table 55 Middle East & Africa: Unidirectional Tapes (UD Tapes) Market Size, By End-Use Industry, 2016–2023 (Ton)
Table 56 Middle East & Africa: Unidirectional Tapes (UD Tapes) Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 57 Middle East & Africa: Unidirectional Tapes (UD Tapes) Market Size, By Resin, 2016–2023 (Ton)
Table 58 Middle East & Africa: Unidirectional Tapes (UD Tapes) Market Size, By Resin, 2016–2023 (USD Million)
Table 59 Middle East & Africa: Unidirectional Tapes (UD Tapes) Market Size, By Fiber, 2016–2023 (Ton)
Table 60 Middle East & Africa: Unidirectional Tapes (UD Tapes) Market Size, By Fiber, 2016–2023 (USD Million)
Table 61 Middle East & Africa: Unidirectional Tapes (UD Tapes) Market Size, By Country, 2016–2023 (Ton)
Table 62 Middle East & Africa: Unidirectional Tapes (UD Tapes) Market Size, By Country, 2016–2023 (USD Million)
Table 63 South America: Unidirectional Tapes (UD Tapes) Market Size, By End-Use Industry, 2016–2023 (Ton)
Table 64 South America: Unidirectional Tapes (UD Tapes) Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 65 South America: Unidirectional Tapes (UD Tapes) Market Size, By Resin, 2016–2023 (Ton)
Table 66 South America: Unidirectional Tapes (UD Tapes) Market Size, By Resin, 2016–2023 (USD Million)
Table 67 South America: Unidirectional Tapes (UD Tapes) Market Size, By Fiber, 2016–2023 (Ton)
Table 68 South America: Unidirectional Tapes (UD Tapes) Market Size, By Fiber, 2016–2023 (USD Million)
Table 69 South America: Unidirectional Tapes (UD Tapes) Market Size, By Country, 2016–2023 (Ton)
Table 70 South America: Unidirectional Tapes (UD Tapes) Market Size, By Country, 2016–2023 (USD Million)
Table 71 New Product Launch, 2015–2018
Table 72 Expansion, 2015–2018

List of Figures
Figure 1 Unidirectional Tapes (UD Tapes) Market Segmentation
Figure 2 Unidirectional Tapes (UD Tapes) Market: Research Design
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Unidirectional Tapes (UD Tapes) Market: Data Triangulation
Figure 6 North America Unidirectional Tapes (UD Tapes) Market to Register the Highest CAGR
Figure 7 Aerospace & Defense Segment to Register the Highest CAGR
Figure 8 Glass Fiber Segment to Dominate the Unidirectional Tapes (UD Tapes) Market
Figure 9 Thermoplastic Segment to Lead the Unidirectional Tapes (UD Tapes) Market
Figure 10 North America Dominated the Unidirectional Tapes (UD Tapes) Market in 2017
Figure 11 Emerging Economies to Offer Lucrative Growth Opportunities for Market Players
Figure 12 Carbon Fiber Unidirectional Tapes (UD Tapes) Market to Register the Highest CAGR
Figure 13 Thermoplastic Unidirectional Tapes (UD Tapes) to Dominate the Market
Figure 14 Unidirectional Tapes (UD Tapes) Market in US to Register the Highest CAGR
Figure 15 Automotive End-Use Industry Accounted for the Largest Market Share in 2017
Figure 16 The US Market to Register the Highest CAGR
Figure 17 Overview of Factors Governing the Unidirectional Tapes (UD Tapes) Market
Figure 18 New Airplane Deliveries, By Region, 2016–2035
Figure 19 Porter’s Five Forces Analysis: Unidirectional Tapes (UD Tapes) Market
Figure 20 Thermoplastic Resin Segment to Account for the Largest Market Share
Figure 21 Carbon Fiber Segment to Register the Highest CAGR
Figure 22 Aerospace & Defense Segment to Register the Highest CAGR
Figure 23 The Unidirectional Tapes (UD Tapes) Market in the US to Register the Highest CAGR
Figure 24 APAC: Unidirectional Tapes (UD Tapes) Market Snapshot
Figure 25 Europe: Unidirectional Tapes (UD Tapes) Market Snapshot
Figure 26 North America: Unidirectional Tapes (UD Tapes) Market Snapshot
Figure 27 Companies Adopted New Product Launch as the Key Growth Strategy Between 2015 and 2018
Figure 28 Evonik Industries: Company Snapshot
Figure 29 Evonik Industries: SWOT Analysis
Figure 30 Sabic: Company Snapshot
Figure 31 Solvay: Company Snapshot
Figure 32 Hexcel Corporation: Company Snapshot
Figure 33 Royal Tencate: Company Snapshot
Figure 34 SGL Group: Company Snapshot
Figure 35 Teijin Limited: Company Snapshot
Figure 36 Celanese Corporation: Company Snapshot
Figure 37 BASF: Company Snapshot

Note: Product cover images may vary from those shown
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  • Evonik Industries
  • Sabic
  • Solvay
  • Hexcel Corporation
  • Royal Tencate
  • SGL Group
  • Teijin Limited
  • Celanese Corporation
  • BASF
  • Victrex
  • Cristex
  • Eurocarbon
  • PRF Composite Materials
  • TCR Composites
  • Sigmatex
  • Axiom Materials
  • Barrday
  • Oxeon AB
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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