Unidirectional Tapes Market Size Analysis and Top Companies
The global unidirectional tapes market size is estimated to hit around USD 1,236.15 million by 2033 increasing from USD 274.72 million in 2023, with a healthy CAGR of 16.23%. The top companies in the unidirectional tapes are Evonik Industries AG, SABIC, Solvay. S.A., Hexcel Corporation, Toray Industries, Inc., SGL Group, Teijin Ltd., BASF SE, Celanese Corporation, Victrex plc., Cristex Composite Materials, Eurocarbon B.V., Plastic Reinforcement Fabrics Ltd., TCR Composites, Inc., Barrday Inc., and Others.
Market Report Coverage
Report Attributes |
Details |
Market Size by 2033 |
USD 1,236.15 Million |
Market Size in 2023 |
USD 274.72 Million |
Market Growth Rate from 2023 to 2033 |
CAGR of 16.23% |
Largest Market |
North America |
Base Year |
2023 |
Forecast Period |
2023 to 2033 |
Segments Covered |
Fiber, Resin, End-User, and Regions |
Regions Covered |
North America, Europe, Asia-Pacific, Latin America and Middle East, and Africa |
Unidirectional Tapes Market Lead Manufacturers
- Evonik Industries AG
- SABIC
- Solvay. S.A.
- Hexcel Corporation
- Toray Industries, Inc.
- SGL Group
- Teijin Ltd.
- BASF SE
- Celanese Corporation
- Victrex plc.
- Cristex Composite Materials
- Eurocarbon B.V.
- Plastic Reinforcement Fabrics Ltd.
- TCR Composites, Inc.
- Barrday Inc.
Latest Announcements by Industry Leaders
- January 2023 – Victrex plc.
- Strategic Technology Manager – Steggall Murphy
- Announcement- Victrex has announced that its new unidirectional tape (UDT), VICTREX AE™ 250-AS4, has been approved by the National Center for Advanced Materials Performance (NCAMP) for use in aerospace applications. “Having an allowable database is essential for certification on aircraft,” explained Claire Steggall-Murphy, Strategic Technology Manager at Victrex. “It serves as the foundation for structural substantiation and is a minimum requirement for customers looking to design and manufacture components using our materials.”
Recent Development
- In February 2023, SABIC introduced UDMAX™ GPE 46-70 tape at JEC World 2018 (stand L84, hall 5). This glass-filled high-density polyethylene tape offers exceptional tensile strength, making it ideal for reinforcing pipes, pressure vessels, and other industrial applications. With one of the highest glass contents in the industry and advanced impregnation technology, it enhances mechanical performance, reduces weight, and improves corrosion resistance.
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