Global Carbon Fiber Tape Market 2022-2026

Global Carbon Fiber Tape Market 2022-2026

Technavio has been monitoring the carbon fiber tape market and it is poised to grow by $ 1.59 bn during 2022-2026, accelerating at a CAGR of 11.19% during the forecast period. Our report on the carbon fiber tape market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing use of carbon fiber tape in aerospace, growth of wind power capacities, and increasing demand for fuel-efficient vehicles.

The carbon fiber tape market analysis includes the resin type segment and geographic landscape.

Technavio's carbon fiber tape market is segmented as below:

By Resin Type

• Epoxy
• Thermoplastic
• Bismaleimide
• Polyamide

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the development in carbon fiber tape as one of the prime reasons driving the carbon fiber tape market growth during the next few years. Also, rise in demand from the wind energy sector and increasing applications in end-user industries will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on carbon fiber tape market covers the following areas:

• Carbon fiber tape market sizing
• Carbon fiber tape market forecast
• Carbon fiber tape market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading carbon fiber tape market vendors that include 3M Co., ACP Composites Inc., Celanese Corp., Cevotec GmbH, Compagnie Chomarat, Cristex, Easy Composites Ltd., Eurocarbon BV, Evonik Industries AG, Gernitex, Hexcel Corp., Koninklijke DSM NV, Mitsubishi Chemical Corp., Saudi Arabian Oil Co., SGL Carbon SE, Teijin Ltd., and Toray Industries Inc. Also, the carbon fiber tape market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.