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Global Unidirectional Tapes (UD Tapes) Market 2018-2023: Focus on Aerospace & Defense, Automotive, Sports & Leisure Industries – ResearchAndMarkets.com

The “Unidirectional
Tapes (UD Tapes) Market by Fiber Type (Glass, Carbon), Resin
(Thermoplastic, Thermoset), End-use Industry (Aerospace & Defense,
Automotive, Sports & Leisure), and Region (North America, Europe, Asia
Pacific) – Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s
offering.

The unidirectional tapes (UD Tapes) market is estimated at USD 165.8
million in 2018 and is projected to reach USD 316.3 million by 2023, at
a CAGR of 13.79% from 2018 to 2023.

The growth of the market is driven by the increasing demand from end-use
industries, such as aerospace & defense, automotive, and sports &
leisure mostly from the North America region. The cost of UD tapes is
high as compared to that of UD fabrics. This is a drawback that severely
restricts its range of uses.

UD tapes are used in various end-use industries, such as aerospace &
defense, automotive, and sports & leisure. The growth of the UD tapes
market in the aerospace & defense industry is driven by the need for
fuel-efficient and technologically advanced aircraft. UD tapes have
higher strength-to-weight capability than other traditional aerospace
materials. In addition, high strength, high stiffness, and high abrasion
resistance are achieved with the use of UD tapes in aircraft.

These tapes are used in both primary and secondary structures in
aircraft. UD tapes are used in aircraft seat frames as they help reduce
the weight of aircraft seats by 30% in comparison to the traditional
aluminum frame seats. These factors are expected to drive the demand for
UD tapes in the aerospace & defense end-use industry during the forecast
period.

Key companies profiled in this report include Royal TenCate N.V.
(Netherlands), Cytec Solvay Group (US), SABIC (Saudi Arabia) Teijin Ltd.
(Japan), Hexcel Corporation (US), and Evonik industries (Germany).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Unidirectional Tapes (UD Tapes) Market, By Resin

7 Unidirectional Tapes (UD Tapes) Market, By Fiber

8 Unidirectional Tapes (UD Tapes) Market, By End-Use Industry

9 Unidirectional Tapes (UD Tapes) Market, By Region

10 Competitive Landscape

11 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/chsqhv/global?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180620005975/en/