The global thermoplastic tape market is expected to grow at a CAGR of 5.4% over forecast period 2020 to 2027 and poised to reach around US$ 2,718.3 Mn by 2027.
Thermoplastic tape refers to the composite that combines properties of fibers and plastics. This is highly flexible at average temperature but gets harden when the material is heated and cooled off again. This transformation is caused by the plastic impregnation of the thermoplastic tape, which creates homogenous liquid while heating and forms polymer links while cooling down resulting in the hardened composite element. The properties of the tape include flexible placement before curing, great strength and rigidity after curing, easy to store and quick to apply, and a high degree of recyclability.
Market Dynamics
The benefits associated with the thermoplastic tape such as easily shaped and re-shaped, recyclability and sustainability, immense strength, damage & temperature-resistant, and rigidity while being flexible are some of the factors supporting the market value. The increasing usage in various industry application particularly in automotive is supporting the market growth. The increasing demand in the aerospace sector to make spacecraft reusable and long lasting is projected to create potential opportunities over the forecast period from 2020 to 2027.
On the other side, the limitation of thermoplastic tape use in high-temperature applications because it gets soften at high temperatures is expected to limit the growth to an extent over the estimated period from 2020 to 2027.
By end-use industry, industrial goods segment accounted for the major share in the market
In 2019, the industrial goods segment accounted for the major share in the global thermoplastic tape market. The companies are seeking light-weighted, cost-effective and durable packaging solutions to meet increasing consumer demand. Additionally, increasing disposable income coupled with increasing production of industrial goods is further supporting the segmental growth.
The automotive segment is projected to exhibit the fastest growth over the estimated period from 2020 to 2026
Increasing demand for lightweight vehicles is primarily supporting the demand for thermoplastic tape in the automotive sector. The rapidly increasing demand for electric vehicles due to increasing environmental concern with the combustion engine is expected to favor segmental growth over the forecast period. The segment is also gaining growth due to increasing usage in automotive interiors, and exteriors because cohesive bonding and form-locking of continuous fiber-reinforced thermoplastic tapes enhance stiffness and durability.
The market research study on “Thermoplastic Tape Market– Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 – 2027”, offers a detailed insight into the global Thermoplastic Tape market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights into the global Thermoplastic Tape market, its product type, application, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global Thermoplastic Tape market size and volume, and segment markets by product type, application, and geography along with the information on companies operating in the market. The Thermoplastic Tape market analysis is provided for major regional markets including North America, Europe, Asia Pacific, Latin America and Middle East and Africa. For each region, the market size and volume for different segments have been covered under the scope of the report.
Asia Pacific is anticipated to register fastest growth over the estimated period
The emerging economies of the region including China and India are contributing to the fastest growth of the regional market. The ongoing industrialization coupled with the increasing purchasing power of residents is accelerating the market value. Additionally, the automotive industry is experiencing high growth in the regional market is further supporting the market value.
The players profiled in the report include Arkema Group, CompTape, Covestro AG, DSM Engineering Plastics, Evonik Industries, Maru Hachi Corporation, Mitsui Chemicals Group, Polyone Corporation, Sabic Corporation, SGL Carbon SE, Solvay S.A, Suprem SA, TEIJIN LIMITED, TOPOLO, Toray Industries Inc. The major players are involve in strategic development and R&D activities to take advantage of available opportunity in the market.
Market Segmentation
Market By Thickness
<0.20 mm
0.21 mm-0.40 mm
> 0.40 mm
Market By Material
Fiber
Resin
- PAEK
- PC
- PA
- PET
- TPU
- PP
- Others
Market By End-use Industry
Aerospace
Automotive
Building & Construction
Industrial Goods
Oil & Gas
Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Thermoplastic Tape
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Thermoplastic Tape Market By Thickness
1.2.2.1. Global Thermoplastic Tape Market Revenue and Growth Rate Comparison By Thickness (2016 - 2027)
1.2.2.2. Global Thermoplastic Tape Market Revenue Share By Thickness in 2019
1.2.2.3. <0.20 mm
1.2.2.4. 0.21 mm-0.40 mm
1.2.2.5. > 0.40 mm
1.2.3. Thermoplastic Tape Market By Material
1.2.3.1. Global Thermoplastic Tape Market Revenue and Growth Rate Comparison By Material (2016 - 2027)
1.2.3.2. Fiber
1.2.3.2.1. Carbon
1.2.3.2.1. Glass
1.2.3.2.1. Others
1.2.3.3. Resin
1.2.3.2.1. PAEK
1.2.3.2.1. PC
1.2.3.2.1. PA
1.2.3.2.1. PET
1.2.3.2.1. TPU
1.2.3.2.1. PP
1.2.3.2.1. Others
1.2.4. Thermoplastic Tape Market By End-use Industry
1.2.4.1. Global Thermoplastic Tape Market Revenue and Growth Rate Comparison By End-use Industry (2016 - 2027)
1.2.4.2. Aerospace
1.2.4.3. Automotive
1.2.4.2. Building & Construction
1.2.4.3. Industrial Goods
1.2.4.2. Oil & Gas
1.2.5. Thermoplastic Tape Market By Geography
1.2.5.1. Global Thermoplastic Tape Market Revenue and Growth Rate Comparison By Geography (2016 - 2027)
1.2.5.2. North America Thermoplastic Tape Market Revenue and Growth Rate(2016 - 2027)
1.2.5.3. Europe Thermoplastic Tape Market Revenue and Growth Rate(2016 - 2027)
1.2.5.4. Asia-Pacific Thermoplastic Tape Market Revenue and Growth Rate(2016 - 2027)
1.2.5.5. Latin America Thermoplastic Tape Market Revenue and Growth Rate(2016 - 2027)
1.2.5.6. Middle East and Africa (MEA) Thermoplastic Tape Market Revenue and Growth Rate(2016 - 2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Thermoplastic Tape Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Thermoplastic Tape Major Manufacturers in 2019
3.3. R&D Status and Technology Source of Global Thermoplastic Tape Major Manufacturers in 2019
3.4. Raw Materials Sources Analysis of Global Thermoplastic Tape Major Manufacturers in 2019
CHAPTER 4. Thermoplastic Tape MARKET By Thickness
4.1. Global Thermoplastic Tape Revenue By Thickness
4.2. <0.20 mm
4.2.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
4.3. 0.21 mm-0.40 mm
4.3.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
4.4. > 0.40 mm
4.4.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
CHAPTER 5. Thermoplastic Tape MARKET By Material
5.1. Global Thermoplastic Tape Revenue By Material
5.2. Fiber
5.2.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
5.2.3. Carbon
5.2.4. Glass
5.2.6. Others
5.3. Resin
5.3.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
5.2.3. PAEK
5.2.4. PC
5.2.5. PA
5.2.6. PET
5.2.7. TPU
5.2.8. PP
5.2.9. Others
CHAPTER 6. Thermoplastic Tape MARKET By End-use Industry
6.1. Global Thermoplastic Tape Revenue By End-use Industry
6.2. Cross Border
6.2.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.3. Domestic
6.3.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
CHAPTER 7. NORTH AMERICA Thermoplastic Tape MARKET BY COUNTRY
7.1. North America Thermoplastic Tape Market Revenue and Growth Rate, 2016 - 2027 ($Million)
7.2. North America Thermoplastic Tape Market Revenue Share Comparison, 2016 & 2027 (%)
7.3. U.S.
7.3.1. U.S. Thermoplastic Tape Market Revenue and Forecast By Thickness, 2016 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
7.3.3. Market Revenue and Forecast By End-use Industry, 2016 - 2027 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Thickness, 2016 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
7.4.3. Market Revenue and Forecast By End-use Industry, 2016 - 2027 ($Million)
CHAPTER 8. EUROPE Thermoplastic Tape MARKET BY COUNTRY
8.1. Europe Thermoplastic Tape Market Revenue and Growth Rate, 2016 - 2027 ($Million)
8.2. Europe Thermoplastic Tape Market Revenue Share Comparison, 2016 & 2027 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Thickness, 2016 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
8.3.3. Market Revenue and Forecast By End-use Industry, 2016 - 2027 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Thickness, 2016 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
8.4.3. Market Revenue and Forecast By End-use Industry, 2016 - 2027 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Thickness, 2016 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
8.5.3. Market Revenue and Forecast By End-use Industry, 2016 - 2027 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Thickness, 2016 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
8.6.3. Market Revenue and Forecast By End-use Industry, 2016 - 2027 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Thickness, 2016 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
8.7.3. Market Revenue and Forecast By End-use Industry, 2016 - 2027 ($Million)
CHAPTER 9. ASIA-PACIFIC Thermoplastic Tape MARKET BY COUNTRY
9.1. Asia-Pacific Thermoplastic Tape Market Revenue and Growth Rate, 2016 - 2027 ($Million)
9.2. Asia-Pacific Thermoplastic Tape Market Revenue Share Comparison, 2016 & 2027 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Thickness, 2016 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
9.3.3. Market Revenue and Forecast By End-use Industry, 2016 - 2027 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Thickness, 2016 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
9.4.3. Market Revenue and Forecast By End-use Industry, 2016 - 2027 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Thickness, 2016 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
9.5.3. Market Revenue and Forecast By End-use Industry, 2016 - 2027 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Thickness, 2016 - 2027 ($Million)
9.6.2. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
9.6.3. Market Revenue and Forecast By End-use Industry, 2016 - 2027 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Thickness, 2016 - 2027 ($Million)
9.7.2. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
9.7.3. Market Revenue and Forecast By End-use Industry, 2016 - 2027 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Thickness, 2016 - 2027 ($Million)
9.8.2. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
9.8.3. Market Revenue and Forecast By End-use Industry, 2016 - 2027 ($Million)
CHAPTER 10. LATIN AMERICA Thermoplastic Tape MARKET BY COUNTRY
10.1. Latin America Thermoplastic Tape Market Revenue and Growth Rate, 2016 - 2027 ($Million)
10.2. Latin America Thermoplastic Tape Market Revenue Share Comparison, 2016 & 2027 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Thickness, 2016 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
10.3.3. Market Revenue and Forecast By End-use Industry, 2016 - 2027 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Thickness, 2016 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
10.4.3. Market Revenue and Forecast By End-use Industry, 2016 - 2027 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Thickness, 2016 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
10.5.3. Market Revenue and Forecast By End-use Industry, 2016 - 2027 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA Thermoplastic Tape MARKET BY COUNTRY
11.1. Middle East & Africa Thermoplastic Tape Market Revenue and Growth Rate, 2016 - 2027 ($Million)
11.2. Middle East & Africa Thermoplastic Tape Market Revenue Share Comparison, 2016 & 2027 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Thickness, 2016 - 2027 ($Million)
11.3.2. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
11.3.3. Market Revenue and Forecast By End-use Industry, 2016 - 2027 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Thickness, 2016 - 2027 ($Million)
11.4.2. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
11.4.3. Market Revenue and Forecast By End-use Industry, 2016 - 2027 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Thickness, 2016 - 2027 ($Million)
11.5.2. Market Revenue and Forecast By Material, 2016 - 2027 ($Million)
11.5.3. Market Revenue and Forecast By End-use Industry, 2016 - 2027 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Arkema Group
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Type Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. CompTape
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Type Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Covestro AG
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Type Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. DSM Engineering Plastics
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Type Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Evonik Industries
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Type Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Maru Hachi Corporation
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Type Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Mitsui Chemicals Group
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Type Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Polyone Corporation
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Type Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Sabic Corporation
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Type Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Others
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Type Portfolio
12.10.5. Key Developments
12.10.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
