North American Report

Increase in the use of UD tapes in primary & secondary aircraft structures

 Breaking News
  • No posts were found

Increase in the use of UD tapes in primary & secondary aircraft structures

July 26
19:45 2021
Increase in the use of UD tapes in primary & secondary aircraft structures

Browse 93 market data Tables and 49 Figures spread through 175 Pages and in-depth TOC on “Unidirectional Tapes (UD Tapes) Market”
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)

The global UD tapes market size is projected to grow from USD 151 million in 2020 to USD 256 million by 2025, at a CAGR of 11.1%. The increasing use of UD tapes in primary & secondary structures of commercial aircraft and the high demand for commercial aircraft are driving the UD tapes market in the aerospace industry.

Vehicle weight reduction and increased fuel efficiency are the major factors driving the use of UD tapes in the aerospace & defense industry. The greater strength-to-weight capability of UD tapes allows for more efficient structural and aerodynamic designs. UD tapes offer high fatigue tolerance and improve the strength of structural components, thereby enabling the manufacturing of bigger passenger windows and lower cabin altitude than conventional jetliners.

To know about the assumptions considered for the study download the pdf brochure

The rise in air passenger traffic across the globe has contributed to an increase in aircraft production. The demand for new aircraft is expected to gradually shift from developed to emerging markets, such as APAC, South America, and Africa. In the commercial aerospace sector, North America is expected to witness the highest commercial aircraft deliveries, followed by Europe, APAC, South America, and the Middle East.

Carbon fiber-based UD tapes are mostly preferred in aircraft due to their high strength and stiffness. Unidirectional tapes can also be silt easily without losing its strength, which is not possible in the case of woven tapes and fabrics. The major applications of UD tapes are fixed wing fuselage, drive shafts, wing spars, wing skins, cargo floor panels, fan blades, tail booms, rib stiffeners, conduit, brackets, and others. There has been a paradigm shift in aircraft design by Boeing and Airbus, with composites now being considered for primary structures of all wide-bodied aircraft. Owing to the increasing use of composites in aircraft manufacturing, the demand for UD tapes is rapidly increasing.

North America is also the fastest-growing market and is projected to register the highest CAGR during the forecast period, owing to the increasing demand from end-use industries such as aerospace & defense, automotive, and sports & leisure. The useful properties offered by UD tapes, such as high strength, stiffness, and width tolerance, and high rigidity, make it an ideal material for use as reinforcement in the mentioned end-use industries.

Leading global companies are shifting their production facilities, establishing sales offices, and expanding their distribution channel to regions, such as China, India, and Southeast Asia, to ensure sustainable demand and increase their market share. The gradual shift of manufacturing facilities to countries having high demand and lower production cost is positively influencing the market growth.

Major players operating in the UD tapes market include Toray Industries, Inc. (Japan), SABIC (Saudi Arabia), Evonik Industries (Germany), Hexcel Corporation (US), SGL Group (Germany), Teijin Limited (Japan).

Speak to Analyst: https://www.marketsandmarkets.com/requestsampleNew.asp?id=262388356

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/unidirectional-tape-market-262388356.html