Dublin, April 23, 2025 (GLOBE NEWSWIRE) -- The "Unidirectional Tapes (UD Tapes) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Unidirectional Tapes (UD Tapes) was valued at US$255.7 Million in 2024 and is projected to reach US$442.9 Million by 2030, growing at a CAGR of 9.6% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Unidirectional Tapes (UD Tapes) market.
The growth in the UD tapes market is driven by several factors, including the increasing demand for lightweight, high-performance materials across various industries. The push for greater fuel efficiency and reduced emissions in the aerospace and automotive sectors is a significant driver, as UD tapes offer the necessary properties to achieve these goals. The expansion of the wind energy industry is also contributing to market growth, as UD tapes are essential for producing durable and efficient turbine blades.
Additionally, the ongoing advancements in composite manufacturing technologies are making UD tapes more cost-effective and easier to produce, further driving their adoption. The rising focus on sustainability and the development of recyclable composite materials are also key factors, as industries seek to minimize their environmental impact while maintaining high performance. The growing use of UD tapes in sports equipment and other consumer goods is creating new opportunities for market expansion, as these products increasingly rely on advanced materials to enhance performance and durability.
Report Scope
The report analyzes the Unidirectional Tapes (UD Tapes) market, presented in terms of units. The analysis covers the key segments and geographic regions outlined below.
Segments: Fiber Type (Glass, Carbon, Other Fiber Types); Resin (Thermoplastic, Thermoset); End-Use (Aerospace & Defense, Automotive, Sports & Leisure, Other End-Uses).
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Glass segment, which is expected to reach US$264.1 Million by 2030 with a CAGR of a 10.3%. The Carbon segment is also set to grow at 8.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $67.6 Million in 2024, and China, forecasted to grow at an impressive 13.2% CAGR to reach $99.2 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Questions Answered:
- How is the Global Unidirectional Tapes (UD Tapes) Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Axiom Materials, Inc., Barrday Corporation, BASF SE, Celanese Corporation, Cristex Composite Materials and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 16 companies featured in this Unidirectional Tapes (UD Tapes) market report include:
- Axiom Materials, Inc.
- Barrday Corporation
- BASF SE
- Celanese Corporation
- Cristex Composite Materials
- Eurocarbon
- Evonik Industries AG
- Hexcel Corporation
- Oxeon AB
- PRF Composite Materials Ltd.
- Royal Ten Cate N.V.
- SABIC (Saudi Basic Industries Corporation)
- SGL Group - The Carbon Company
- Sigmatex Ltd.
- Solvay SA
- Tcr Composites
- Teijin Ltd.
- Victrex PLC
Tariff Impact Analysis: Key Insights for 2025
Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.
The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
What's Included in This Edition:
- Tariff-adjusted market forecasts by region and segment
- Analysis of cost and supply chain implications by sourcing and trade exposure
- Strategic insights into geographic shifts
Buyers receive a free July 2025 update with:
- Finalized tariff impacts and new trade agreement effects
- Updated projections reflecting global sourcing and cost shifts
- Expanded country-specific coverage across the industry
Key Attributes
Report Attribute | Details |
No. of Pages | 231 |
Forecast Period | 2024-2030 |
Estimated Market Value (USD) in 2024 | $255.7 Million |
Forecasted Market Value (USD) by 2030 | $442.9 Million |
Compound Annual Growth Rate | 9.6% |
Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- Tariff Impact on Global Supply Chain Patterns
- Unidirectional Tapes (UD Tapes) - Global Key Competitors Percentage Market Share in 2024
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024
- Global Economic Update
MARKET TRENDS & DRIVERS
- Rising Demand in the Aerospace Industry for Lightweight Materials
- Advancements in Composite Manufacturing Techniques for UD Tapes
- Growing Use in Automotive Applications for Weight Reduction and Fuel Efficiency
- Increasing Adoption in Sports Equipment for Enhanced Performance
- Development of High-Strength, Heat-Resistant UD Tapes
- Expansion of UD Tapes in Construction and Infrastructure Projects
- Market Growth Driven by Innovations in Fiber Reinforcement and Resin Systems
- Emerging Opportunities in the Medical Sector for Prosthetics and Orthotics
For more information about this report visit https://www.researchandmarkets.com/r/hhzvhr
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