Global Unidirectional Tapes Market – Analysis and Forecast To 2024 | SGL Group, Celanese Corporation, SABIC.

Unidirectional tapes are used for selective reinforcement to improve tensile strength and stiffness in one direction. These tapes are composite material which is based on unidirectional carbon fibers. These tapes can be manufactured using different thermoplastics. The global unidirectional tapes market is anticipated to witness a significant growth during the forecast period. The growth is generally driven by the increasing use of these tapes in the various end-user industries such as aerospace and defense, automotive, and others, as these tapes provides exceptional chemical resistance.

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High manufacturing and high processing cost is identified as major restraint in the growth of unidirectional tapes market. The manufacturing and processing cost of these tapes are high due to high cost of raw material and high labor cost.

The general process of manufacturing unidirectional tapes Market is to draw collimated raw strands into prepreg machine. In the prepreg machine, the strands coupled with molten resins are combined using heat and pressure. The mixture of these resins and fibers commonly travels between coated carrier papers or films through the machine for easy discharge.

During the forecast period, 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. Along with that, the increasing demand for lightweight, technologically advanced and fuel efficient aircrafts is projected to drive the market growth.

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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.

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