Thermoplastic Composite Tape Market
Thermoplastic Composite Tape Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Thermoplastic Composite Tape Market Size and Growth
The global thermoplastic composite tape market is projected to experience significant growth due to increasing demand from diverse end-use industries such as automotive, aerospace, and construction. The market size is expected to reach USD 85 million by 2027, driven by technological advancements and growing awareness about the benefits of thermoplastic materials.
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Companies Covered (Covid 19 Impact Covered)
◍ Evonik Industries AG
◍ Sabic Corporation
◍ CompTape
◍ MaruHachi Group
◍ Toray Industries
◍ Solvay S.A.
◍ Teijin Limited
◍ Mitsui Chemicals Inc.
The Thermoplastic Composite Tape Market is highly competitive with key players such as Evonik Industries AG, Sabic Corporation, CompTape, MaruHachi Group, Toray Industries, Solvay S.A., Teijin Limited, and Mitsui Chemicals Inc. These companies utilize thermoplastic composite tapes for lightweight and strong components, contributing to the market growth.
- Evonik Industries AG: $14.3 billion
- Sabic Corporation: $42.8 billion
- Toray Industries: $19.5 billion
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Market Segmentation
By Application
◍ Aerospace and Defense
◍ Oil and Gas
◍ Transportation Industries
◍ Others
By Product
◍ Thickness0-0.2mm
◍ Thickness0.21-0.4mm
◍ Thickness Above 0.4mm
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$ X Billion USD
Market Growth
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