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The “Unidirectional Tapes (UD) Market by Fiber (Glass, Carbon), Resin (Thermoplastic, Thermoset), End-use Industry (Aerospace & Defense, Automotive, Sports & Leisure) and Region (North America, Europe, Asia Pacific) – Global Forecasts to 2026” report has been added to ResearchAndMarkets.com’s offering.
The UD tapes market is projected to grow from USD 194 million in 2021 to USD 332 million by 2026, at a CAGR of 11.4%, between 2021 and 2026.
The UD tapes market depends heavily on the performance of aerospace & defense, automotive, and sports & leisure industries. They provide superior properties, such as high tensile strength, high abrasion resistance, wear resistance, high modulus, high strength, high stiffness, low density, chemical resistance, and low creep.
The thermoplastic resin segment is expected to hold the largest share of the overall UD tapes market during the forecast period.
The thermoplastic resin segment accounted for the largest share of the overall UD tapes market in 2020. These tapes are used in a large number of industries, including aerospace & defense and…
Full story available on Benzinga.com
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