Unidirectional Tapes (UD Tapes) Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2021 - 2026

Report Code: CMR 12649 Report Format: PDF + Excel

Unidirectional Tapes (UD) Market Overview

Unidirectional Tapes (UD) Market is projected to reach a value of USD $187.9 million by the year 2026 at a CAGR of 13.75% during the forecast period 2021-2026. Unidirectional (UD) Tapes can be defined as a set of composite materials where the fibers are oriented into a single direction. UD Tapes are usually manufactured using resins like polyether ether ketone (PEEK), polyether ketone ketone (PEKK), Polyamides and so on. These resins can either be Thermoplastic, which can form reversible bonds with the substrate, or Thermoset, which form permanent bonds that are irreversible. The most commonly used fibers in UD Tapes are carbon fibers and glass fibers although other fibers, like aramid fibres, are used as well. The largest adopter of unidirectional (UD) tapes is the Aerospace and Defense Industry. UD tapes can perform at very high temperatures, are rigid and have high strength. Along with that they’re also used in the oil & gas industry as well as in automotive & transportation.

Impact of Covid-19

Due to the Covid-19 Pandemic, the market saw a decline primarily due to the decrease in demand of the various industries. During the Corona virus pandemic, air travel took one of the largest hits as every state and country went into a lockdown. The production of Cars and Commercial Vehicles also decreased by 16% in 2020 according to Organisation Internationale des Constructeurs d'Automobiles (OICA). These industries are the primary drivers for the Unidirectional (UD) Tapes market and as such, their decrease in sales and production caused a decline in the Unidirectional (UD) Tapes market as well.  However, the demand in the Automotive & Transportation Industry and the Aerospace & Defense Industry is slowly increasing as cities, states and countries are now moving out of lockdown and are trying to recover their economy. This is going to cause an increase in demand in the Unidirectional (UD) Tapes market as well.

Report Coverage

The report: “Unidirectional Tapes (UD) Market – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Unidirectional Tapes Market.
By Resin: Thermoplastic Resins and Thermoset Resins
By Fiber: Carbon Fiber, Glass Fiber, Ceramic Fiber, Others
By End-Use Industry: Aerospace & Defense (Commercial, Military, and Others), Automotive & Transportation, Oil & Gas, Industrial, Others
By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Rest of the World (Middle East, and Africa)

Key Takeaways

  • North America has the largest share of 30% in the Unidirectional Tapes market. Their demand for lightweight aircrafts in one of the key factors that makes them dominate in the market. Unidirectional Tapes is one of the most essential components when it comes to lightweight aircrafts. 
  • One of its primary uses is its applications in the wings of aircrafts due to its high impact resistance. Along with that, Unidirectional Tapes provide excellent quality when it comes to structural materials and fairings. All of these factors make Unidirectional Tapes one of the best solutions for the Aerospace and Defense Industry. 
  • Unidirectional Tapes provide excellent strength to weight ratio when it comes to automobiles. This is one of the key factors why Electric Vehicles (EV’s) show reduced automotive emissions and further increases the driving range. 

Figure: North America Unidirectional (UD) Tapes Market 2020-2026 (USD $ Million)

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Unidirectional Tapes (UD) Market Segment Analysis – By Resin

Thermoplastic Resins hold the highest market share of 56% in 2020. Thermoplastic Resins are mainly utilized in the aerospace industry for the manufacture of primary and secondary structural materials. This is because thermoplastic Resins showcase excellent durability and strength that are essential factors in the manufacture of lightweight aircrafts and carriers. Unidirectional (UD) tapes comprising of thermoset resins show brilliant impact, creep, and fatigue resistance especially when it comes to very high temperature conditions.

Unidirectional Tapes (UD) Market Segment Analysis – By Fiber

Carbon Fiber leads the market in regard to fibers with a total revenue share of 43% in 2020. Carbon fiber, with a composite of polyether ether ketone (PEEK) or polyamide 12 (PA12), are primarily utilized in applications requiring high strength and durability. One of its key applications is in providing localized reinforcements to airplane wing spars due to properties like high rigidity, strength, and lightness. Carbon Fiber also proves to be lighter in weight than its alternative glass fiber as well as other metals like aluminium and steel. Glass Fiber is another one of the most used fibers in the market. Glass Fibers demonstrate high durability and strength, however, it is most notable for its chemical & corrosion resistance and waterproof properties. Glass Fiber also proves to be a greener solution to taping reinforcements and offers extensive recyclability.

Unidirectional Tapes (UD) Market Segment Analysis – By End-Use Industry

Aerospace and Defense Industry holds the highest share in the Unidirectional (UD) Tapes market in 2020 and is projected to have a CAGR of 13.98% from 2021-2026. As mentioned earlier, carbon fiber based unidirectional (UD) tapes are a much lighter alternative to aluminium and is one of the primary reasons for its uses in the Aerospace Industry. From frames to structural materials to wing spars, Unidirectional (UD) Tapes are being utilized in every aspect of an aircraft. Similarly, Unidirectional (UD) Tapes provide exceptional tensile strength and durability which is why it is becoming one of the most used composite materials in Defense applications. According to Boeing Commercial Outlook, the total number of aircraft deliveries were 43, 110 units in 2020. Unidirectional Tapes are also one of the key providers for the Automotive Industry as well as the Oil & Gas Industry.

Unidirectional Tapes (UD) Market Segment Analysis – By Geography

North America holds the largest share, of 42% in 2020. The growth is owing to the increasing demand in the Aerospace Industry. The U.S. is known to be the leading manufacturer of space systems, rotorcrafts, civil aircrafts, Defense systems and hard armor vehicles. North America had a total of 8,995 deliveries alone and accounted for a fleet growth of 1.7% in the year 2020 according to Boeing. Other than North America, Europe is also the key region in terms of demand for UD tapes. This is because Europe is one of the regions for the innovation and growth of automotive with OEMs like BMW, Volkswagen, and Mercedes-Benz. Unidirectional Tapes provide remarkable solutions to structural components and is often used in chassis manufacture due to their excellent rigidity and reinforcement.

Unidirectional Tapes (UD) Market – Drivers

Recyclability & Reusability Glass Fiber Reinforcement : -

Glass Fiber Unidirectional (UD) Tapes are considered to be one of the best options in the market due to its recyclability and reusability factor. It is a far better eco-friendly material composites in comparison to carbon fiber and many industries are now looking to adopt this alternative as a means to reduce carbon footprint. Glass Fiber Reinforcements can be recycled to make Fiber-reinforced concrete which are being adopted more due to its mechanical and durability properties. Glass Fiber can also be reused in gypsum blocks to improve anti-cracking and operation performance of the material.

Lightweight Form Factor of Unidirectional Tapes: -

Both Carbon Fiber and Glass Fiber reinforcement is considerably lighter and more durable than alternative materials like aluminium and steel as mentioned above. Many industries like the Automotive and Transportation Industry are adopting Unidirectional (UD) Tapes as an alternative for their structural materials and composites and to achieve better fuel efficiency. According to Organisation Internationale des Constructeurs d'Automobiles (OICA), the total number of automotive units produced in the year 2020 was a total of 77.621 million. There is a growing demand for lightweight vehicles, not only in the Automotive & Transportation Industry but also in the Aerospace & Defense Industry. This demand will only prove to be a driver for Unidirectional (UD) Tapes.

Unidirectional Tapes (UD) Market – Challenges

High Cost of manufacture of Carbon Fiber Reinforcement: - 

While Carbon Fiber reinforcement may be lighter and more durable, it is also much more expensive to manufacture. Carbon Fiber Unidirectional (UD) Tapes cost much more in terms of processing, and it also comes across problems with recyclability. Research and Development in various sectors found Carbon Fiber Unidirectional (UD) Tapes to be a better and more viable option but due to its high cost, Carbon Fiber Unidirectional (UD) Tapes are often avoided and its potential hindered. Carbon fiber for automobiles costs $10 to $12 a pound, but steel costs less than a cent. That's dropped from $35 a pound a decade ago, but it has to drop to around $5 or $6 a pound to achieve broad acceptance. Carbon Fiber is a composite of multiple materials which include Polyacrylonitrile (PAN), Rayon, Pitch etc. Once the resin fiber is created from these composite materials, these fibers undergo treatment under chemicals, immense heat and pressure. The raw materials prove to be expensive and it takes a considerable amount of energy to reinforce these fibers with carbon atoms. Due to these factors, Carbon Fibers turn out to be far more expensive than other fibers. 

Unidirectional Tapes (UD) Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Unidirectional (UD) Tapes Market. In the Unidirectional (UD) Tapes market, the major key players include:

  • Cytec Solvay Group
  • SABIC
  • Teijin Ltd.
  • Hexcel Corporation
  • Evonik Industries
  • Royal TenCate N.V.
  • BASF SE
  • Celanese Corporation
  • Axiom Materials Inc.
  • Barrday Corporation, and others.

Acquisitions/Technology Launches 

  • In September 2021, Cytec Solvay Group announced the installation of its new 27,000 sq-ft thermoplastic composites (TPC) manufacturing plant which increases the production yield of Unidirectional Tapes.
  • In September 2020, Jiangsu Hansu New Material Co. Ltd. announced their new family of Unidirectional Tapes – H-poly-Stallone-CF7000_PEI, in partnership with SABIC, using its ULTEM 1000F3SP Powder.
  • In February 2019, Teijin Ltd. acquired Renegade, a company well known for its proprietary technologies and solution capabilities in regard to thermoset prepregs.

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1. Unidirectional Tapes (UD) Market- Market Overview
    1.1 Definitions and Scope
2. Unidirectional Tapes (UD) Market - Executive Summary
    2.1 Key Trends by Resin
    2.2 Key Trends by Fiber
    2.3 Key Trends by End-Use Industry
    2.4 Key Trends by Geography
3. Unidirectional Tapes (UD) Market – Comparative analysis
    3.1 Market Share Analysis- Major Companies
    3.2 Product Benchmarking- Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis- Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. Unidirectional Tapes (UD) Market - Startup companies Scenario Premium 
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. Unidirectional Tapes (UD) Market – Industry Market Entry Scenario Premium 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis – Major companies
6. Unidirectional Tapes (UD) Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of Substitutes
7. Unidirectional Tapes (UD) Market – Strategic Analysis
    7.1 Value/Supply Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies
8. Unidirectional Tapes (UD) Market – By Resin (Market Size -$Million/Billion)
    8.1 Thermoplastic UD Tapes
    8.2 Thermoset UD Tapes
9. Unidirectional Tapes (UD) Market – By Fiber (Market Size -$Million/Billion)
    9.1 Carbon Fiber
    9.2 Glass Fiber
    9.3 Ceramic Fiber
    9.4 Others
10. Unidirectional Tapes (UD) Market – By End-Use Industry (Market Size -$Million/Billion)
    10.1 Aerospace and Defense
    10.2 Automotive & Transportation
    10.3 Oil & Gas
    10.4 Industrial
    10.5 Others
11. Unidirectional Tapes (UD) Market - By Geography (Market Size -$Million/Billion)
    11.1 North America
        11.1.1 USA
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 UK
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Netherlands
        11.2.6 Spain
        11.2.7 Russia
        11.2.8 Belgium
        11.2.9 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 Japan
        11.3.3 India
        11.3.4 South Korea
        11.3.5 Australia and New Zealand
        11.3.6 Indonesia
        11.3.7 Taiwan
        11.3.8 Malaysia
        11.3.9 Rest of APAC
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Colombia
        11.4.4 Chile
        11.4.5 Rest of South America[DK1] 
    11.5 Rest of the World
        11.5.1 Middle East
            11.5.1.1 Saudi Arabia
            11.5.1.2 UAE
            11.5.1.3 Israel
            11.5.1.4 Rest of the Middle East
        11.5.2 Africa
            11.5.2.1 South Africa
            11.5.2.2 Nigeria
            11.5.2.3 Rest of Africa
12. Unidirectional Tapes (UD) Market – Entropy
    12.1 New Product Launches
    12.2 M&As, Collaborations, JVs and Partnerships
13. Unidirectional Tapes (UD) Market – Industry / Segment Competition landscape Premium
    13.1 Company Benchmarking Matrix – Major Companies
    13.2 Market Share at Global Level - Major companies
    13.3 Market Share by Key Region - Major companies
    13.4 Market Share by Key Country - Major companies
    13.5 Market Share by Key Application - Major companies
    13.6 Market Share by Key Product Type/Product category - Major companies
14. Unidirectional Tapes (UD) Market – Key Company List by Country Premium
15. Unidirectional Tapes (UD) Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

LIST OF TABLES

1.Global Unidirectional Tapes Market By Resin Market 2019-2024 ($M)
1.1 Thermoplastic Unidirectional Tapes Market 2019-2024 ($M) - Global Industry Research
1.1.1 Polyether Ether Ketone Market 2019-2024 ($M)
1.1.2 Polyamide Market 2019-2024 ($M)
1.2 Thermoset Unidirectional Tapes Market 2019-2024 ($M) - Global Industry Research
1.2.1 Epoxy Market 2019-2024 ($M)
2.Global Unidirectional Tapes Market By End-Use Industry Market 2019-2024 ($M)
2.1 Aerospace & Defense Market 2019-2024 ($M) - Global Industry Research
2.2 Automotive Market 2019-2024 ($M) - Global Industry Research
2.3 Sports & Leisure Market 2019-2024 ($M) - Global Industry Research
3.Global Unidirectional Tapes Market By Resin Market 2019-2024 (Volume/Units)
3.1 Thermoplastic Unidirectional Tapes Market 2019-2024 (Volume/Units) - Global Industry Research
3.1.1 Polyether Ether Ketone Market 2019-2024 (Volume/Units)
3.1.2 Polyamide Market 2019-2024 (Volume/Units)
3.2 Thermoset Unidirectional Tapes Market 2019-2024 (Volume/Units) - Global Industry Research
3.2.1 Epoxy Market 2019-2024 (Volume/Units)
4.Global Unidirectional Tapes Market By End-Use Industry Market 2019-2024 (Volume/Units)
4.1 Aerospace & Defense Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Automotive Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Sports & Leisure Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Unidirectional Tapes Market By Resin Market 2019-2024 ($M)
5.1 Thermoplastic Unidirectional Tapes Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Polyether Ether Ketone Market 2019-2024 ($M)
5.1.2 Polyamide Market 2019-2024 ($M)
5.2 Thermoset Unidirectional Tapes Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Epoxy Market 2019-2024 ($M)
6.North America Unidirectional Tapes Market By End-Use Industry Market 2019-2024 ($M)
6.1 Aerospace & Defense Market 2019-2024 ($M) - Regional Industry Research
6.2 Automotive Market 2019-2024 ($M) - Regional Industry Research
6.3 Sports & Leisure Market 2019-2024 ($M) - Regional Industry Research
7.South America Unidirectional Tapes Market By Resin Market 2019-2024 ($M)
7.1 Thermoplastic Unidirectional Tapes Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Polyether Ether Ketone Market 2019-2024 ($M)
7.1.2 Polyamide Market 2019-2024 ($M)
7.2 Thermoset Unidirectional Tapes Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Epoxy Market 2019-2024 ($M)
8.South America Unidirectional Tapes Market By End-Use Industry Market 2019-2024 ($M)
8.1 Aerospace & Defense Market 2019-2024 ($M) - Regional Industry Research
8.2 Automotive Market 2019-2024 ($M) - Regional Industry Research
8.3 Sports & Leisure Market 2019-2024 ($M) - Regional Industry Research
9.Europe Unidirectional Tapes Market By Resin Market 2019-2024 ($M)
9.1 Thermoplastic Unidirectional Tapes Market 2019-2024 ($M) - Regional Industry Research
9.1.1 Polyether Ether Ketone Market 2019-2024 ($M)
9.1.2 Polyamide Market 2019-2024 ($M)
9.2 Thermoset Unidirectional Tapes Market 2019-2024 ($M) - Regional Industry Research
9.2.1 Epoxy Market 2019-2024 ($M)
10.Europe Unidirectional Tapes Market By End-Use Industry Market 2019-2024 ($M)
10.1 Aerospace & Defense Market 2019-2024 ($M) - Regional Industry Research
10.2 Automotive Market 2019-2024 ($M) - Regional Industry Research
10.3 Sports & Leisure Market 2019-2024 ($M) - Regional Industry Research
11.APAC Unidirectional Tapes Market By Resin Market 2019-2024 ($M)
11.1 Thermoplastic Unidirectional Tapes Market 2019-2024 ($M) - Regional Industry Research
11.1.1 Polyether Ether Ketone Market 2019-2024 ($M)
11.1.2 Polyamide Market 2019-2024 ($M)
11.2 Thermoset Unidirectional Tapes Market 2019-2024 ($M) - Regional Industry Research
11.2.1 Epoxy Market 2019-2024 ($M)
12.APAC Unidirectional Tapes Market By End-Use Industry Market 2019-2024 ($M)
12.1 Aerospace & Defense Market 2019-2024 ($M) - Regional Industry Research
12.2 Automotive Market 2019-2024 ($M) - Regional Industry Research
12.3 Sports & Leisure Market 2019-2024 ($M) - Regional Industry Research
13.MENA Unidirectional Tapes Market By Resin Market 2019-2024 ($M)
13.1 Thermoplastic Unidirectional Tapes Market 2019-2024 ($M) - Regional Industry Research
13.1.1 Polyether Ether Ketone Market 2019-2024 ($M)
13.1.2 Polyamide Market 2019-2024 ($M)
13.2 Thermoset Unidirectional Tapes Market 2019-2024 ($M) - Regional Industry Research
13.2.1 Epoxy Market 2019-2024 ($M)
14.MENA Unidirectional Tapes Market By End-Use Industry Market 2019-2024 ($M)
14.1 Aerospace & Defense Market 2019-2024 ($M) - Regional Industry Research
14.2 Automotive Market 2019-2024 ($M) - Regional Industry Research
14.3 Sports & Leisure Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Unidirectional Tapes Market Revenue, 2019-2024 ($M)
2.Canada Unidirectional Tapes Market Revenue, 2019-2024 ($M)
3.Mexico Unidirectional Tapes Market Revenue, 2019-2024 ($M)
4.Brazil Unidirectional Tapes Market Revenue, 2019-2024 ($M)
5.Argentina Unidirectional Tapes Market Revenue, 2019-2024 ($M)
6.Peru Unidirectional Tapes Market Revenue, 2019-2024 ($M)
7.Colombia Unidirectional Tapes Market Revenue, 2019-2024 ($M)
8.Chile Unidirectional Tapes Market Revenue, 2019-2024 ($M)
9.Rest of South America Unidirectional Tapes Market Revenue, 2019-2024 ($M)
10.UK Unidirectional Tapes Market Revenue, 2019-2024 ($M)
11.Germany Unidirectional Tapes Market Revenue, 2019-2024 ($M)
12.France Unidirectional Tapes Market Revenue, 2019-2024 ($M)
13.Italy Unidirectional Tapes Market Revenue, 2019-2024 ($M)
14.Spain Unidirectional Tapes Market Revenue, 2019-2024 ($M)
15.Rest of Europe Unidirectional Tapes Market Revenue, 2019-2024 ($M)
16.China Unidirectional Tapes Market Revenue, 2019-2024 ($M)
17.India Unidirectional Tapes Market Revenue, 2019-2024 ($M)
18.Japan Unidirectional Tapes Market Revenue, 2019-2024 ($M)
19.South Korea Unidirectional Tapes Market Revenue, 2019-2024 ($M)
20.South Africa Unidirectional Tapes Market Revenue, 2019-2024 ($M)
21.North America Unidirectional Tapes By Application
22.South America Unidirectional Tapes By Application
23.Europe Unidirectional Tapes By Application
24.APAC Unidirectional Tapes By Application
25.MENA Unidirectional Tapes By Application
26.Evonik Industries, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Sabic, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Solvay, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Hexcel Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Royal Tencate, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.SGL Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Teijin Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Celanese Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.BASF, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Victrex, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Additional Companies, Sales /Revenue, 2015-2018 ($Mn/$Bn)