The automobile industry is intensively concentrating on composite materials due to new legislation on CO2 emissions, in order to further reduce the weight of the vehicle for the next decade. Thermoplastic matrices are now rapidly gaining interest for semi-structural and structural applications and material suppliers are now providing a wide portfolio of semi-finished continuous thermoplastic fiber products. Unidirectional tapes allow design latitude across panels with multiple fiber orientations over other types and thickness variability.
Adroit Market Research study on the global market for Unidirectional (UD) Tapes offers a holistic view of the industry from 2020 to 2028 as forecast period, including factors such as market drivers, limitations, opportunities, threats and regulatory overview. The market has been analyzed from 2018 to 2028, with a base year estimate of 2019 and a projection from 2020 to 2028. The report covers the current status and potential characteristics of the market at both the global and the country level. Moreover, the report also assesses market competition with Porter's analysis of five strengths and places leading players on the basis of their product range, regional presence, strategic initiatives and overall sales. Prominent players in the global composite resin market have been analyzed in depth.
Strict emission requirements are implemented by regulatory bodies across the globe as well as customers are demanding improved capacity to drive EVs for longer distances before recharging the car. The OEM brands are therefore based on seeking an optimal solution, along with strict emission standards, to meet the increasing market demands. Due to the superior strength to weight ratio provided by the product, unidirectional tapes are expected to emerge as one of the most acceptable material choices for OEMs to decrease automotive emissions and expand the driving range of EVs.
The key players of global Unidirectional (UD) Tapes market report include- Evonik Industries, SABIC, Solvay, Hexcel Corporation, Royal Tencate, SGL Group, Teijin Limited, BASF SE, Celanese Corporation, Victrex, Cristex, Eurocarbon, PRF Composite Materials, TCR Composites, Sigmatex.
Key Segments of the Global Unidirectional (UD) Tapes Market
Resin Type Overview, 2018-2028 (USD Million)
Application 2018-2028 (USD Million)
- Aerospace & Defense
- Consumer Goods
- Wind Energy
- Oil & Gas
Regional Overview, 2018-2028 (USD Million)
- Rest of Europe
- Rest of Asia-Pacific
Middle East and Africa
- South Africa
- Rest of Middle East and Africa
- Rest of South America