Carbon Fiber Tape Market to offer a healthy CAGR of 12.2% during 2020-25

Carbon Fiber Tape Market to offer a healthy CAGR of 12.2% during 2020-25

February 14, 2020

Carbon Fiber Tape Market Overview:

Carbon Fiber Tape Market is likely to witness an impressive CAGR of 12.2% during the forecast period. The growing demand for carbon fiber tapes from aerospace, marine, sporting goods, and new product launches undertaken by various companies drive the market globally.

Report Overview:

This new report from Stratview Research analyses the Carbon Fiber Tape Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Salient Features of the Report

The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.

The following are the key features of the report:

  • Strategic segmentation
  • Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Detailed Competitive Rivalry landscaping
  • Market trend and forecast analysis
  • Future Growth Boulevards  

Get a free sample of the report here:

https://www.stratviewresearch.com/Request-Sample/649/carbon-fiber-tape-market.html

Carbon Fiber Tape Market Segment Insights:

Form Type: prepreg tape and dry tape

Based on the form type, the market is segmented as prepreg tape and dry tape. The prepreg tape segment accounted for the larger market share in 2019, and is likely to retain its dominance during the forecast period. The growth is attributed to the growing demand for prepreg tapes in various end-use industries such as sporting goods, aerospace, and automotive. The tape bears remarkable strength-to-weight-ratio, elevated toughness, and offers corrosion-fatigue resistance.

Click below to run through the detailed ToC of the report:

https://www.stratviewresearch.com/toc/649/carbon-fiber-tape-market.html

End-Use Industry Type: aerospace, marine, pipe & tank and others

Based on the end-use industry type, the market is segmented as aerospace, marine, pipe & tank, sporting goods, construction & infrastructure, and others. The aerospace industry segment is estimated to register the highest growth in the coming five years. The growth is attributed to the increasing demand for lightweight and strong-hi-performance materials.

A highly/moderately/fragment consolidated Market

Some of the major players in the carbon fiber tape market are Royal TenCate, Saudi Basic Industries Corporation (SABIC), Evonik Industries AG, Zoltek Corporation, Solvay SA, Mitsubishi Rayon Carbon Fiber and Composites, Hexcel Corporation, Teijin Limited, SGL Group, Royal DSM, and PRF Composite Materials.

Region: North America is estimated to hold the largest market

In terms of regions, North America is estimated to hold the largest market for carbon fiber tapes in the coming five years. The market is sustained by the growing demand for premium performance materials in the aerospace industry. Asia-Pacific is also estimated to offer sizeable growth opportunities during the forecast period. China and India are the growth engines of the region.

Click here for other high value market reports from Stratview Research in the Advanced Material Industry: 

https://www.stratviewresearch.com/market-reports/Advanced-Materials.html

About Stratview Research

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. 

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Author : Emily

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