Report Id: SNS/C&M/1819 | June 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Unidirectional Tapes (UD) Market Size was valued at USD 216.31 Million in 2021, and expected to reach USD 463.44 million by 2028, and grow at a CAGR of 11.5% over the forecast period 2022-2028. Unidirectional tapes (UD tapes) are advanced composite materials that are highly engineered and come in a wide variety of fiber/resin combinations. These materials are great for a wide range of applications because they have great mechanical properties, chemical resistance, durability, and fire performance. UD tapes are used in places like the auto, sports, and aviation industries to get the job done with the least amount of materials and energy.
More UD tapes are being used in the main and secondary aircraft structures.
Making lighter vehicles is becoming more popular.
Plans by the Chinese and Indian governments
Old and worn-out planes will be replaced, and the planes that are already in use will be updated.
Concerns about being able to recycle
Costs of making and processing carbon fibre are high
UD tapes are being used in more and more new ways.
Asia-Pacific and South America are becoming important places to make aeroplanes.
Developing countries are buying more passenger planes.
UD tapes have high costs to make and process.
Effects of COVID-19 on the Market Chain
Impact of Covid-19:
The new coronavirus pandemic sent shockwaves through the global aerospace industry. This affected the global supply chains, which move materials and parts quickly across borders and between places where they are made. This caused raw materials to arrive late or not at all, messed up financial flows, and caused workers on the production line to miss more and more work. These things have affected Boeing and Airbus, which make the most commercial aeroplanes in the world, and their network of suppliers. In January 2020, no one had bought anything from Boeing. In February 2020, there were also no orders for Airbus. The loss of the aerospace and defence industry had a direct effect on the market for UD tapes, since aerospace and defence is one of the main industries that uses UD tapes.
BASF SE, Teijin Limited, SGL Carbon SE, Evonik Industries AG, SABIC, Toray Industries, Inc, Celanese Corporation, Solvay S.A., Mitsubishi Chemical Carbon Fiber and Composites, Inc.
By End-Use Industries
Aerospace & Defense
Sports & Leisure
In terms of both volume and value, North America is expected to have the largest share of the unidirectional tapes market in 2021. The value of the market in this area is also expected to grow at the fastest rate between 2022 and 2027. The North American unidirectional tapes market is driven by the aerospace and defence industry's heavy investments and high financial growth. In North America, the demand for unidirectional tapes is likely to be driven by the need for lighter, more fuel-efficient, and more technologically advanced planes. The high demand for unidirectional tapes in the US and Canada is one of the main things making the North American unidirectional tapes market grow. This is because the number of commercial customer aircraft that use UD tapes is growing.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2021||US$ 216.31 Million|
|Market Size by 2028||US$ 463.44 Million|
|CAGR||CAGR of 11.5% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By fiber (Glass fibe, Carbon fiber)
• By resin (Thermoplastic, Thermoset)
• By end-use industries (Aerospace & Defense, Automotive, Sports & Leisure, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||BASF SE, Teijin Limited, SGL Carbon SE, Evonik Industries AG, SABIC, Toray Industries, Inc, Celanese Corporation, Solvay S.A., Mitsubishi Chemical Carbon Fiber and Composites, Inc.|
|DRIVERS||• More UD tapes are being used in the main and secondary aircraft structures.
• Making lighter vehicles is becoming more popular.
• Plans by the Chinese and Indian governments
|Restraints||• Concerns about being able to recycle
• Costs of making and processing carbon fibre are high
Frequently Asked Questions (FAQ) :
Ans: Key stakeholders considered in the study:
Raw material vendors
regulatory authorities, including government agencies and NGO
commercial research & development (r&d) institutions
importers and exporters
government organizations, research organizations, and consulting firms
end-use industries are the stake holder of this report.
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: BASF SE, Teijin Limited, SGL Carbon SE, Evonik Industries AG, SABIC, Toray Industries, Inc, Celanese Corporation, Solvay S.A. and Mitsubishi Chemical Carbon Fiber and Composites, Inc.
Ans: Concerns about being able to recycle and Costs of making and processing carbon fibre are high are the restraints for Unidirectional Tapes (UD) Market.
Ans: Unidirectional Tapes (UD) Market Size was valued at USD 216.31 billion in 2021, and expected to reach USD 463.44 million by 2028, and grow at a CAGR of 11.5 % over the forecast period 2022-2028.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of Ukraine-Russia War
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8 Unidirectional Tapes (UD) MarketSegment, By fiber
8.1 Glass fiber
8.2 Carbon fiber
9 Unidirectional Tapes (UD) Market Segment, By resin
10 Unidirectional Tapes (UD) Market Segment, By end-use industries
10.1 vAerospace & Defense
10.3 Sports & Leisure
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profile
12.1 Mitsubishi Chemical Carbon Fiber and Composites, Inc.
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 BASF SE
12.3 Teijin Limited
12.4 SGL Carbon SE
12.5 Evonik Industries AG
12.7 Toray Industries, Inc
12.8 Celanese Corporation
12.9 Solvay S.A.
13 Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
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