Global Carbon Fiber Tapes Market, By Product Form (Dry Tape, Prepag Tape), By Resin Type (Epoxy, Pol

Published Date: | Report Code : MT1916854

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Carbon Fiber Tape Market report provides an unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas, market drivers, which would help stakeholders to device and align Carbon Fiber Tape market strategies according to the current and future market. Carbon fiber tapes are woven fabric tapes with narrow width made from 3K fibers. It has strong selvage edges that prevent from fraying and unraveling of the fabric. They are lighter in comparison with metals such as steel. Some of its key properties include high tensile strength, low linear thermal expansion, among others. They are used in wet layup, vacuum bagging, and resin infusion manufacturing. They are largely used in aircraft components, owing to their superior properties.

Segment Analysis

The carbon fiber tapes market is expected to witness high demand during the forecast period. Based on product, this market has been segmented into dry tape and prepag tape. The dry tape segment is anticipated to lead the market, as dry tapes used under most of the working conditions. However, high cost is a key factor affecting their market demand. Based on resin type, the market has been segmented into epoxy, polyamide, bismaleimide, thermoplastic resin, polyurethane, and vinyl ester. Epoxy is widely used as they are highly heat resistant and possess superior electrical/mechanical properties. Based on manufacturing process, the market has been segmented into hot melt process and solvent dip process. The carbon fiber tapes market has been segmented on the basis of end-use industry into aerospace, marine, piping, building & construction, sports & leisure, automotive, wind energy, and healthcare. The increasing demand for lightweight aircraft structures is one of the key factors driving their demand in the aerospace industry. However, high processing and manufacturing cost are major factors posing a challenge for expanding its application base in various sectors with cost as a key governing factor.      

Key Factors Impacting Market Growth:

  • Increasing demand for carbon fiber tapes for aircraft structures
  • High manufacturing and processing cost expected to restrict application base

Regional Analysis:

The carbon fiber tapes market by region has been segmented by North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and the Rest of the World. North America and Western Europe are major regions for carbon fiber tapes market owing to diversified demand from end-use industries and competitive scenarios. Some of the major end-use industries in these regions include aerospace, marine, piping, building & construction, sports & leisure, automotive, wind, energy, and healthcare. These markets have been dynamic in terms of new product developments and related activities. Hence, some of the emerging sub-segments in this market promise high potential in this region. Major countries for carbon fiber tapes market in these regions include the US, Germany, France, UK, Canada, Italy, and so on. Recent economic slowdowns, trade implications and environmental concerns are some of the key impact factors influencing the market dynamics in these regions.

Developing regions including Asia Pacific, South America, and Africa have witnessed key developments in terms of organic and inorganic growth strategies. Global companies have made strategic investments in these regions with favorable production conditions and high demand from end-use industries. Aerospace, marine, automotive, wind, energy, and healthcare have been some of the key economies in the region. Building & construction, automotive, and healthcare are some of the major industries in the region with strong potential for carbon fiber tapes market. Middle East promises a strong market potential with demand from countries including UAE, Saudi Arabia, Qatar, and others that are seeking to diversify the economic outlook. Eastern Europe consisting of Russia and Turkey is also estimated as one of the key markets with demand from aerospace, marine, piping, building & construction, sports & leisure, automotive, wind, energy, and healthcare.

Companies Covered: SABIC, Evonik Industries, Royal Tencate, Zoltek Corporation, Teijin Limited, SGL Group, Royal DSM, 3M, Solvay, Mitsubishi Rayon Carbon Fiber and Composites, Hexcel Corporation, PRF Composite Materials, BASF SE, TCR Composites, Cristex, and Park Electrochemicals…

Market Segmentation:

By Product Form:

  • Dry Tape
  • Prepag Tape

By Resin Type:

  • Epoxy
  • Polyamide
  • Bismaleimide
  • Thermoplastic Resin
  • Polyurethane
  • Vinyl Ester
  • Others

By Manufacturing Process:

  • Hot Melt Process
  • Solvent Dip Process

By End-Use Industry:

  • Aerospace
  • Marine
  • Piping
  • Building & Construction
  • Sports & Leisure
  • Automotive
  • Wind Energy
  • Healthcare

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Product Form
    • By Resin Type
    • By Manufacturing Process
    • By End-Use Industry
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Product Form
    • By Resin Type
    • By Manufacturing Process
    • By End-Use Industry
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Product Form
    • By Resin Type
    • By Manufacturing Process
    • By End-Use Industry
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Product Form
    • By Resin Type
    • By Manufacturing Process
    • By End-Use Industry
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Product Form
    • By Resin Type
    • By Manufacturing Process
    • By End-Use Industry
  • Rest of the World
    • By Region (South America, Africa)
    • By Product Form
    • By Resin Type
    • By Manufacturing Process
    • By End-Use Industry

Reasons To Buy This Report:

  • Market size estimation of the global carbon fiber tape market on a regional and global basis
  • Unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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