Carbon Fiber Tape Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Market is Segmented by Type (Prepreg Tape, and Dry Tape), Resin Type (Epoxy, Polyamide, Vinyl Ester, Polyurethane, and Others), End-user Industry (Aerospace & Defense, Automotive, Building and Construction, Marine, Energy, and Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa)

Carbon Fiber Tape Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Carbon Fiber Tape Market Size

Carbon Fiber Tape Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
CAGR 6.00 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration High

Major Players

Carbon Fiber Tape Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Carbon Fiber Tape Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

Carbon Fiber Tape Market Analysis

The global market for carbon fiber tape is expected to register a CAGR of over 6% during the forecast period. The major factor driving the market studied is the rapidly increasing demand from the aerospace industry. On the flip side, high processing and manufacturing cost of carbon fiber and unfavorable conditions arising due to the COVID-19 outbreak are hindering the growth of the market.

The aerospace and defense industry is expected to dominate the global carbon fiber tape market over the forecast period.

North America is expected to dominate the global carbon fiber tape market during the forecast period owing to the increasing consumption from countries, such as the United States and Canada.

Carbon Fiber Tape Industry Overview

The global carbon fiber tape market is partially consolidated in nature. The major companies are Evonik Industries AG, Solvay, Hexcel Corporation, TORAY INDUSTRIES INC., and Cevotec GmbH, among others.

Carbon Fiber Tape Market Leaders

  1. Evonik Industries AG

  2. Solvay

  3. Hexcel Corporation

  4. TORAY INDUSTRIES, INC,

  5. Cevotec GmbH

  6. *Disclaimer: Major Players sorted in no particular order
Evonik Industries AG, Solvay, Hexcel Corporation, TORAY INDUSTRIES, INC,, Cevotec GmbH
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Carbon Fiber Tape Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Rapidly Increasing Demand from Aerospace Industry
    • 4.1.2 Other Drivers
  • 4.2 Restraints
    • 4.2.1 High Processing and Manufacturing Cost of Carbon Fiber
    • 4.2.2 Unfavorable Conditions Arising Due to COVID-19 Outbreak
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 Prepreg Tape
    • 5.1.2 Dry Tape
  • 5.2 Resin Type
    • 5.2.1 Epoxy
    • 5.2.2 Polyamide
    • 5.2.3 Vinyl Ester
    • 5.2.4 Polyurethane
    • 5.2.5 Others
  • 5.3 End-user Industry
    • 5.3.1 Aerospace and Defense
    • 5.3.2 Automotive
    • 5.3.3 Building and Construction
    • 5.3.4 Marine
    • 5.3.5 Energy
    • 5.3.6 Others
  • 5.4 Geography
    • 5.4.1 Asia-Pacific
    • 5.4.1.1 China
    • 5.4.1.2 India
    • 5.4.1.3 Japan
    • 5.4.1.4 South Korea
    • 5.4.1.5 Rest of Asia-Pacific
    • 5.4.2 North America
    • 5.4.2.1 United States
    • 5.4.2.2 Canada
    • 5.4.2.3 Mexico
    • 5.4.3 Europe
    • 5.4.3.1 Germany
    • 5.4.3.2 United Kingdom
    • 5.4.3.3 Italy
    • 5.4.3.4 France
    • 5.4.3.5 Rest of Europe
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
    • 5.4.5 Middle-East and Africa
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 South Africa
    • 5.4.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%)/Ranking Analysis**
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 Cevotec GmbH
    • 6.4.2 Chomarat
    • 6.4.3 Evonik Industries AG
    • 6.4.4 Hexcel Corporation
    • 6.4.5 Itecma
    • 6.4.6 SABIC
    • 6.4.7 Siltex
    • 6.4.8 Solvay
    • 6.4.9 Teijin Limited
    • 6.4.10 TORAY INDUSTRIES INC.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
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Carbon Fiber Tape Industry Segmentation

The Carbon Fiber Tape report includes:

Type Prepreg Tape
Dry Tape
Resin Type Epoxy
Polyamide
Vinyl Ester
Polyurethane
Others
End-user Industry Aerospace and Defense
Automotive
Building and Construction
Marine
Energy
Others
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
Geography North America United States
Canada
Mexico
Geography Europe Germany
United Kingdom
Italy
France
Rest of Europe
Geography South America Brazil
Argentina
Rest of South America
Geography Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Carbon Fiber Tape Market Research FAQs

What is the current Carbon Fiber Tape Market size?

The Carbon Fiber Tape Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029)

Who are the key players in Carbon Fiber Tape Market?

Evonik Industries AG , Solvay, Hexcel Corporation, TORAY INDUSTRIES, INC, and Cevotec GmbH are the major companies operating in the Carbon Fiber Tape Market.

Which is the fastest growing region in Carbon Fiber Tape Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

Which region has the biggest share in Carbon Fiber Tape Market?

In 2024, the North America accounts for the largest market share in Carbon Fiber Tape Market.

What years does this Carbon Fiber Tape Market cover?

The report covers the Carbon Fiber Tape Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Carbon Fiber Tape Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Carbon Fiber Tape Industry Report

Statistics for the 2024 Carbon Fiber Tape market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Carbon Fiber Tape analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.