[FURL=https://www.industryarc.com/Research/Unidirectional-Tapes-Market-Research-500352?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Unidirectional Tapes (UD) Market[/FURL] 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.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.
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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.
Unidirectional Tapes (UD) Market – Drivers
Recyclability & Reusability Glass Fiber Reinforcement
Lightweight Form Factor of Unidirectional Tapes
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.
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