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The future of the thermoplastic unidirectional tape market looks attractive with opportunities in the aerospace & defense, transportation, sporting goods, industrial, and other industries. The thermoplastic unidirectional tape market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to grow with a CAGR of 0.3% to 2.3% from 2020 to 2025. The major growth driver for this market is increasing use of thermoplastic composites because it offers recyclability and processing benefits, such as ability to remold, shorter cycle time, and no emission of volatile matter.
Emerging trends, which have a direct impact on the dynamics of the industry, include the continuous innovation and development of new products and applications.
A total of 63 figures / charts and 48 tables are provided in this 130 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this thermoplastic unidirectional tape market report, download the report brochure.
Thermoplastic unidirectional tape have evolved through number of stages as presented in figure below:
Evolution of Thermoplastic Unidirectional Tape Opportunities