North America Unidirectional Tapes Market Size & Outlook, 2030

Revenue, 2022 (US$M)

$93.7

Forecast, 2030 (US$M)

$267.0

CAGR, 2023 - 2030

14%

Report Coverage

North America

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

Related Markets

Global Unidirectional Tapes Industry Outlook

Europe Unidirectional Tapes Market Outlook

Asia Pacific Unidirectional Tapes Market Outlook

Latin America Unidirectional Tapes Market Outlook

MEA Unidirectional Tapes Market Outlook

North America unidirectional tapes market highlights

The North America unidirectional tapes market generated a revenue of USD 93.7 million in 2022.
The market is expected to grow at a CAGR of 14% 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.

North America data book summary

Market revenue in 2022	USD 93.7 million
Market revenue in 2030	USD 267.0 million
Growth rate	14% (CAGR from 2022 to 2030)
Largest segment	Thermoplastic ud tapes
Fastest growing segment	Thermoplastic UD Tapes
Historical data covered	2018 - 2021
Base year for estimation	2022
Forecast period covered	2023 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Thermoset UD Tapes, Thermoplastic UD Tapes
Key market players worldwide	Evonik 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, North America region accounted for 39.7% 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

Product

Specialty Tapes

Packaging Tapes

Consumer Tapes

Double Sided Tapes

Masking Tapes

Duct Tapes

Other Tapes

Thermoset UD Tapes

Thermoplastic UD 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

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Unidirectional Tapes Market Companies

Name	Profile	# Employees	HQ	Website

North America 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 72.04% in 2022. Horizon Databook has segmented the North America unidirectional tapes market based on thermoset ud tapes, thermoplastic ud tapes covering the revenue growth of each sub-segment from 2018 to 2030.

The unidirectional tapes market growth in North America is supported by the rising trends for utilizing lightweight components in automobiles. This is further supplemented through measures to enhance vehicles’ fuel economy by reducing the overall weight and CO2 emission due to the Clean Air Act and regulations by EPA to reduce vehicle pollution.

As per the reports by the International Organization of Motor Vehicle Manufacturers, the region assembled over 3.2 million units of passenger cars in 2020, wherein, 1.9 million units were assembled in the U.S. Increasing production of electric vehicles in the region are likely to ascend the demand for tapes in the upcoming period.

According to the General Aviation Manufacturers Association, aircraft manufacturing and maintenance declined in 2020 owing to the suspension of production facilities to curb the spread of COVID-19. Major aircraft producers in the region including The Boeing Company and Airbus SE halted the productions and delayed its scheduled deliveries of aircraft by one year.

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

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