The current situation of the global thermoplastic tape market is extremely competitive, owing to its fragmented nature. This nature is the result of the existence of numerous players controlling the dynamics of the global thermoplastic tapes market. However, this competition is good for the market's growth though it poses a key roadblock for the entry of new manufacturers in the global thermoplastic tape market.
MARKET DYNAMICS
Thermoplastic tapes are witnessing significant traction in product manufacturing processes on the account of lightweight properties, owing to the product being more than 50% lighter than steel, and nearly 25% lighter than aluminum. The lightweight feature of thermoplastic tapes is extremely suitable for the launch vehicle as well as the cargo in demanding satellite applications. Low constant of thermal expansion of the material safeguards dimensional stability while the satellite is facing thermal cycling.
MARKET SCOPE
The "Global Thermoplastic Tape Market Analysis to 2028"? is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the thermoplastic tape with detailed market segmentation by thickness type, material type, end-use industry. The global thermoplastic tape market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading thermoplastic tape market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global thermoplastic tape market is segmented on the basis of thickness type into less than 0.20 mm, 0.21 mm-0.40 mm, more than 0.40 mm. On the basis of material type the thermoplastic tape market is segmented into fiber, carbon, glass, resin, PAEK, PC, PA, PET, TPU, PP, others. Moreover, on the basis of end use industry the market has been segmented into Aerospace, automotive, building & construction, industrial goods, oil & gas.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global thermoplastic tape market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The thermoplastic tape market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the thermoplastic tape market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the thermoplastic tape market in these regions.
MARKET PLAYERS
The reports cover key developments in the thermoplastic tape market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from thermoplastic tape market are anticipated to lucrative growth opportunities in the future with the rising demand for thermoplastic tape in the global market. Below mentioned is the list of few companies engaged in the thermoplastic tape market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the thermoplastic tape market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Suprem SA
- Sabic Corporation
- CompTape
- Maru Hachi Corporation
- Toray Industries
- Evonik Industries AG
- Solvay S.A.
- Koninklijke DSM N.V.
- Shanghai Topolo New Materials
- Teijin Limited
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.