Carbon Fiber Tape Market Size and Competitive Analysis till 2031

MARKET OVERVIEW

Carbon fiber tape is a strong, lightweight, and flexible composite material made from carbon fibers and resins. It is commonly used in various industrial applications such as aerospace, automotive, construction, and sports equipment due to its high strength-to-weight ratio. The increasing demand for lighter and stronger materials has driven the growth of the carbon fiber tape market. The market is expected to grow as the demand for advanced and lightweight materials increases in various industries. The high cost of raw materials and production processes is a major restraint for the carbon fiber tape market.

MARKET DYNAMICS

The carbon fiber tape market is anticipated to grow in the forecast period owing to the superior properties offered by carbon fiber tapes and growing usage of multifunctional carbon fiber tapes in automotive composites. Moreover, increasing use of the product in the primary and secondary aircraft structures further fuels the growth of the carbon fiber tape market. However, high processing and manufacturing costs of the carbon fiber negatively affect the growth of the carbon fiber tape market. Nonetheless, growing demand from the emerging economies and the increased applicability of the product are likely to showcase major growth opportunities for the carbon fiber tape market during the forecast period.

MARKET SCOPE

The "Global Carbon Fiber Tape Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of carbon fiber tape market with detailed market segmentation by form, resin, manufacturing process, end-use industry, and geography. The global carbon fiber tape market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading carbon fiber tape market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global carbon fiber tape market is segmented on the basis of form, resin, manufacturing process, and end-use industry. Based on form, the market is segmented as prepreg tape and dry tape. On the basis of the resin, the market is segmented as epoxy, polyamide, bismaleimide, thermoplastic resin, and others. By manufacturing process, the market is segmented as hot melt process and solvent dip process. The market, on the basis of the end-use industry, is classified as aerospace, marine, pipes & tanks, sporting goods, construction & infrastructure, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global carbon fiber tape market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The carbon fiber tape market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting carbon fiber tape market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the carbon fiber tape market in these regions.

MARKET PLAYERS

The reports cover key developments in the carbon fiber tape market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from carbon fiber tape market are anticipated to lucrative growth opportunities in the future with the rising demand for carbon fiber tape in the global market. Below mentioned is the list of few companies engaged in the carbon fiber tape market.

The report also includes the profiles of key carbon fiber tape companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

• 3M Company
• Evonik Industries AG
• Hexcel Corporation  
• Koninklijke DSM N.V.
• Mitsubishi Chemical Carbon Fiber and Composites, Inc.
• SABIC
• SGL Carbon SE
• Solvay S.A.
• Teijin Limited
• ZOLTEK Corporation (Toray Group)

Carbon Fiber Tape Report Scope