Lucintel’s latest market report analyzed that thermoplastic unidirectional tape provides attractive opportunities in the beauty and personal care market. The thermoplastic unidirectional tape market is expected to reach $249.1 million by 2028 with a CAGR of 7.9%. In this market, transportation is the largest segment by end use, whereas glass fiber is largest by reinforcement type. Continuous innovation and development of new products and application and mixed scenario: consolidated as well as new entry provides strategic growth path in this market.
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Based on end use, the thermoplastic unidirectional tape market is segmented into aerospace and defense, transportation, sporting goods, industrial and others. The transportation segment accounted for the largest share of the market in 2022 and is expected to register the highest CAGR during the forecast period, due to the increasing demand for lightweight materials to achieve higher fuel efficiency and reusable and recyclable materials for environmental benefits.
Browse in-depth TOC on “Thermoplastic Unidirectional Tape Market”
62 – Tables
77 – Figures
146 – Pages
The Thermoplastic Unidirectional Tape Market is marked by the presence of several big and small players. Some of the prominent players offering thermoplastic unidirectional tape include Cytec Solvay Group, QIVI Technology, Polystrand (polyone), Tencate Advance Composites, Toho Tenax, SABIC, and SGL Group.
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