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Based on resin, the unidirectional tapes market is categorized into thermoplastic and thermoset. Thermoplastic tapes segment is the larger segment and projected to register the faster growth. This is attributed to its use in various industries due to their superior properties.
Increasing demand from aerospace industry and high demand of these tapes from developed countries are among the major factors that are driving the unidirectional tapes market growth. The demand of these tapes is significantly increasing in the developed countries such as U.S. and Canada, due to their increasing use in commercial passenger aircraft.
Based on resin, the unidirectional tapes market is categorized into thermoplastic and thermoset. Thermoplastic tapes segment is the larger segment and projected to register the faster growth. This is attributed to its use in various industries due to their superior properties.
Increasing demand from aerospace industry and high demand of these tapes from developed countries are among the major factors that are driving the unidirectional tapes market growth. The demand of these tapes is significantly increasing in the developed countries such as U.S. and Canada, due to their increasing use in commercial passenger aircraft.
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North America is anticipated to account for the largest share in the market. The unidirectional tape market of the region is derived by the high economic growth and significantly increasing investment in the aerospace and defense industry.
Performance Composites Inc., Composites Evolution Ltd., SGL Group, Evonik Industries, Hexcel Corporation, SGL Group, Celanese Corporation, SABIC, PRF Composite Materials, and BASF SE are some of the major players operating in unidirectional tapes industry.
Source: VynZ Research
North America is anticipated to account for the largest share in the market. The unidirectional tape market of the region is derived by the high economic growth and significantly increasing investment in the aerospace and defense industry.
Performance Composites Inc., Composites Evolution Ltd., SGL Group, Evonik Industries, Hexcel Corporation, SGL Group, Celanese Corporation, SABIC, PRF Composite Materials, and BASF SE are some of the major players operating in unidirectional tapes industry.
Source: VynZ Research
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