Dublin, July 13, 2018 (GLOBE NEWSWIRE) -- The "Growth Opportunities in the Global Thermoplastic Unidirectional Tape Market" report has been added to ResearchAndMarkets.com's offering
The future of the thermoplastic unidirectional tape market looks attractive with opportunities in the aerospace & defense, transportation, sporting goods, industrial, and other industries.
The thermoplastic unidirectional tape market is expected to grow at a CAGR of 8.9% from 2018 to 2023.
The major growth driver for this market is 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.
Emerging trends, which have a direct impact on the dynamics of the industry, include the continuous innovation and development of new products and applications.
Market Segmentation
Thermoplastic Unidirectional Tape Market by End Use Industry [Volume (M lbs) and Value ($ Million) from 2012 to 2023]:
- Aerospace & Defense
- Transportation
- Industrial
- Sporting Goods
- Others
Thermoplastic Unidirectional Tape Market by Reinforcement Type [Volume (M lbs) and Value ($ Million) from 2012 to 2023]:
- Glass Fiber
- Carbon Fiber
- Other
Thermoplastic Unidirectional Tape Market by Resin Type [Volume (M lbs) and Value ($ Million) from 2012 to 2023]:
- Polyether-Ether-Ketone (PEEK)
- Polyamide (PA)
- Polypropylene (PP)
- Polyphenylene Sulfide (PPS)
- Others
Thermoplastic Unidirectional Tape Market by Region [Volume (M lbs) and Value ($ Million) from 2012 to 2023]:
- North America
- Europe
- Asia Pacific & The Rest of the World
The research forecasts that the transportation will remain the largest end use industry by volume, and it will also witness the highest growth during the forecast period. Increasing demand for lightweight materials to achieve higher fuel efficiency and reusable and recyclable materials for environmental benefits are driving growth for this segment over the forecast period.
By reinforcement type, glass fiber based UD tape is expected to 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.
North America is expected to remain the largest market by value and volume and to witness the highest growth over the forecast period because of rising penetration of thermoplastic unidirectional tape in major end use industries.
Key Features
- Market size estimates: Global thermoplastic unidirectional tape market size estimation in terms of value ($M) and volume (M Lbs) shipment.
- Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by application, and end use industry.
- Segmentation analysis: Global thermoplastic unidirectional tape market size by various applications such as end use industry, reinforcement, and resin in terms of value and volume shipment.
- Regional analysis: Global thermoplastic unidirectional tape market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth opportunities: Analysis on growth opportunities in different applications and regions of thermoplastic unidirectional tape in the thermoplastic unidirectional tape market.
- Strategic analysis: This includes M&A, new product development, and competitive landscape of thermoplastic unidirectional tape in the thermoplastic unidirectional tape market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Key Topics Covered
1. Executive Summary
2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2012 to 2023
3.1: Macroeconomic Trends and Forecast
3.2: Global Thermoplastic Unidirectional Tape Market Trends and Forecast
3.3: Global Thermoplastic Unidirectional Tape Market by End Use Industry
3.4: Global Thermoplastic Unidirectional Tape Market by Reinforcement Type
3.5: Global Thermoplastic Unidirectional Tape Market by Resin Type
4. Market Trends and Forecast Analysis by Region
4.1: Global Thermoplastic Unidirectional Tape Market by Region
4.2: North American Thermoplastic Unidirectional Tape Market
4.3: European Thermoplastic Unidirectional Tape Market
4.4: APAC and ROW Thermoplastic Unidirectional Tape Market
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter's Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Thermoplastic Unidirectional Tape Market by End Use Industry
6.1.2: Growth Opportunities for the Global Thermoplastic Unidirectional Tape Market by Resin Type
6.1.3:Growth Opportunities for the Global Thermoplastic Unidirectional Tape Market by Reinforcement Type
6.1.4: Growth Opportunities for the Global Thermoplastic Unidirectional Tape Market by Region
6.2: Emerging Trends in the Global Thermoplastic Unidirectional Tape Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Thermoplastic Unidirectional Tape Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Thermoplastic Unidirectional Tape Market
6.3.4: New Market Entry
7. Company Profiles of Leading Players
7.1: Cytec Solvay Group
7.2: QIYI Technology
7.3: Polystrand (Polyone)
7.4: Tencate Advanced Composites
7.5: Toho Tenax
7.6: Celanese
7.7: SABIC
7.8: SGL Group
For more information about this report visit https://www.researchandmarkets.com/research/k5dvx4/global?w=12