The trend in the automotive industry to reduce vehicle weight is fueling the expansion of carbon fibre tape. Because of its outstanding qualities like as high stiffness, abrasion resistance, and strength, it is used in aviation components. For a given strength, a product made from carbon fibre tape weighs around one-seventh that of steel. Furthermore, carbon fibre has exceptional properties such as high tensile strength, high modulus to density ratio, and low linear thermal expansion. These are the factors that are propelling the carbon fibre market.
Carbon Fiber Tape Market Overview:
MaximizeMarket Research's examination into the Carbon Fiber Tape Market looks at segments and sub-fragments in both national and regional markets. The study examines how drivers, restraints, and macro variables affect Carbon Fiber Tape markets throughout the medium to long term. It provides a complete analysis of trends, predictions, and economic aspects in the worldwide Carbon Fiber Tape market, which anticipates strong growth with a CAGR of 2021-2029.
Carbon Fiber Tape Market Scope:
This study goes at numbers, market trends, and micro and macro issues. It also illustrates the elements that influence and impede market growth. In the study, the MMR Matrix gives information on prospective investment opportunities for both existing and new market participants. The report, which employs analytical approaches such as Porter's five forces analysis and PESTLE, provides insights into the Carbon Fiber Tape market's present trends and future forecasts for the years 2023-2029. The analysis also highlights upcoming changes that will have an impact on demand during the projected period.
Carbon Fiber Tape Market Methodology:
The study relies on a thorough review of both primary and secondary research papers to ensure correctness. Several sources are examined, including press announcements, yearly reports, and official websites. The research is based on a grasp of the market's economic, social, technological, and geographical characteristics. Each piece of information is captured and collated to provide for a thorough and well-evaluated data explosion in market research.
Carbon Fiber Tape Market Growth Forecast:
Carbon Fiber Tape Market Size is expected to reach US$ 12.94 Bn. by 2029, at a CAGR of 12.1% during the forecast period.
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Carbon Fiber Tape Market Segmentation:
by Form
Prepreg Tape
Dry Tape
by Resin Type
Epoxy
Eismaleimide
Polyamide
Thermoplastic
Others
by Manufacturing Process
Hot Melt
Solvent Dip
by End-use Industry
Aerospace
Marine
Sporting Goods
Pipe & Tank
Construction & Infrastructure
Others
The report analyzes the top players and latest trends in the Carbon Fiber Tape Market.
1. Zoltek Corporation (US)
2. Teijin Limited (Japan)
3. Hexcel Corporation (US)
4. Royal TenCate (Netherlands)
5. Mitsubishi Rayon Carbon Fibers and Composites (Japan)
6. Saudi Basic Industries Corporation (Saudi Arabia)
7. Evonik Industries (Germany)
8. SGL Group (Germany)
9. Royal DSM (Netherlands)
10.Solvay (Belgium)
11.SABIC
12.Plastic Reinforcement Fabrics Ltd
13.TCR Composites
14.Chomarat NA
15.Celanese Corporation
16.Sigmatex Limited
17.Toray Industries
18.Victrex plc.,
19.Cristex
20.Eurocarbon B.V.,
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Carbon Fiber Tape Market Regional Analysis:
The research report examines the Carbon Fiber Tape market in depth, segmenting it into different regions. The study assesses the market on a regional and country-by-country basis in North America, Latin America, Europe, Asia Pacific (APAC), Africa, and the Middle East. The market in each region is thoroughly evaluated, taking into account regional trends, restrictions, and expansion potential.
Impact of COVID-19 on the Carbon Fiber Tape Market:
The research examines the influence of COVID-19 on the Carbon Fiber Tape market. Despite the epidemic, Maximize Market Research sees profitable opportunities for manufacturers and wants to provide a thorough view of the current situation, the economic slowdown, and the pandemic's influence on the whole manufacturing sector.
Advantages of Purchasing This Report:
In-depth examination of changing competition dynamics and factors influencing or impeding market growth.
Understanding industry trends requires insights on technical advancements.
A seven-year prediction based on expected market growth.
A comprehensive analysis of evolving competitive dynamics.
Market data and in-depth segment analysis, including attractive visualisations and a full Porter's Five analysis, enable informed business decisions.
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