Europe Unidirectional Tapes Market Size & Outlook

The unidirectional tapes market in Europe is expected to reach a projected revenue of US$ 365.3 million by 2030. A compound annual growth rate of 18.5% is expected of Europe unidirectional tapes market from 2023 to 2030.
Revenue, 2022 (US$M)
$94.0
Forecast, 2030 (US$M)
$365.3
CAGR, 2023 - 2030
18.5%
Report Coverage
Europe

Europe unidirectional tapes market, 2018-2030 (US$M)

Europe

Europe unidirectional tapes market highlights

  • The Europe unidirectional tapes market generated a revenue of USD 94.0 million in 2022.
  • The market is expected to grow at a CAGR of 18.5% from 2023 to 2030.
  • In terms of segment, thermoplastic ud tapes was the largest revenue generating product in 2022.
  • Thermoplastic UD Tapes is the most lucrative product segment registering the fastest growth during the forecast period.


Europe data book summary

Market revenue in 2022USD 94.0 million
Market revenue in 2030USD 365.3 million
Growth rate18.5% (CAGR from 2022 to 2030)
Largest segmentThermoplastic ud tapes
Fastest growing segmentThermoplastic UD Tapes
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationThermoset UD Tapes, Thermoplastic UD Tapes
Key market players worldwideEvonik Industries AG, SABIC, Solvay SA, Hexcel Corp, Toray Industries Inc, SGL Group, Teijin Ltd, Basf SE, Celanese Corp Class A, Victrex PLC, Berry Corp (bry)


Other key industry trends

  • In terms of revenue, Europe region accounted for 39.8% of the global unidirectional tapes market in 2022.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
  • Europe is the fastest growing regional market and is projected to reach USD 365.3 million by 2030.

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Unidirectional Tapes Market Scope

Unidirectional tapes market segmentation & scope
Specialty Tapes
Packaging Tapes
Consumer Tapes
Double Sided Tapes
Masking Tapes
Duct Tapes
Other Tapes
Solvent-based Adhesive Tapes
Emulsion-based Adhesive Tapes
Hot Melt Adhesive Tapes
Radiation Adhesive Tapes
Polyolefin UV Tapes
Polyvinyl chloride UV Tapes
Polyethylene Terephthalate UV Tapes
Other UV Tapes

Unidirectional Tapes Market Companies

Name Profile # Employees HQ Website

Europe unidirectional tapes market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to unidirectional tapes market will help companies and investors design strategic landscapes.


Thermoplastic ud tapes was the largest segment with a revenue share of 72.02% in 2022. Horizon Databook has segmented the Europe unidirectional tapes market based on thermoset ud tapes, thermoplastic ud tapes covering the revenue growth of each sub-segment from 2018 to 2030.


Major automakers in the region are investing in R&D to develop lightweight automotive components to significantly reduce the overall weight of vehicles which is expected to promote the demand for lightweight bonding materials used in car and truck assemblies.

Furthermore, rapid developments in the production of electric vehicles in the region are likely to ascend the demand for bonding materials including unidirectional tapes. The European Aviation Vision 2050, a program launched in Europe is dedicated to enhancing the operational and processing output of the aerospace industry in Europe.

This includes aviation manufacturing, equipment, systems, and services. In addition, investments by leading passenger aircraft and defense aircraft makers in the region are likely to raise investments, and thus are expected to support the market.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe unidirectional tapes market , including forecasts for subscribers. This continent databook contains high-level insights into Europe unidirectional tapes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe unidirectional tapes market

Europe Unidirectional Tapes Market Outlook Share, 2022 & 2030 (US$M)

Europe unidirectional tapes market

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