According to Stratistics MRC, the Global Carbon Fiber Tape Market is accounted for $1.32 billion in 2019 and is expected to reach $3.75 billion by 2027 growing at a CAGR of 14.0% during the forecast period. Increase in the use of carbon fiber tapes in primary & secondary aircraft structures and increasing use of carbon fiber tapes in the construction industry are the major factors driving the market growth. However, high processing & manufacturing cost of carbon fiber and COVID-19 impact on the carbon fiber tape market are restraining the market growth. Moreover, increasing penetration of carbon fiber tapes in new applications and growing demand from emerging markets would provide ample opportunities for the market growth.

Carbon fiber tape is a reinforcement tape that consists of thousands of parallel carbon fibers lightly bound together. It is ideal for usage in selective reinforcement of carbon fiber fabrications, sleeve winding, and lap joining and repairs of cracks on graphite surfaces. Carbon fiber tape is one of the highly popular materials used in production of composite parts for aerospace and automotive components. It is known for its properties such as light weight, high strength, and high stiffness.

Based on form, the prepreg tape segment is likely to have a huge demand as they are mainly used in aerospace and sporting goods industries for manufacturing wing spars, fuselage skins, bicycle frames, golf shafts, and others. By geography, North America is going to have a lucrative growth during the forecast period due to the growing economies of the US, Canada, the presence of prominent players, and expanding aerospace & defense industry.

Some of the key players profiled in the Carbon Fiber Tape Market include BASF SE, Celanese Corporation, Cristex, Eurocarbon, Evonik Industries, Hexcel Corporation, PRF Composite Materials, Royal Tencate, SABIC, SGL Group, Sigmatex, Solvay, TCR Composites, Teijin Limited and Victrex.

Forms Covered:

  • Dry Tape
  • Prepreg Tape



End Users Covered:

  • Aerospace & Defense
  • Construction & Infrastructure
  • Marine
  • Oil & Gas
  • Pipe & Tank
  • Sports & Leisure Goods
  • Other End Users



Regions Covered:

  • North America
  • ·US
  • ·Canada
  • ·Mexico
  • Europe
  • ·Germany
  • ·UK
  • ·Italy
  • ·France
  • ·Spain
  • ·Rest of Europe
  • Asia Pacific
  • ·Japan
  • ·China
  • ·India
  • ·Australia
  • ·New Zealand
  • ·South Korea
  • ·Rest of Asia Pacific
  • South America
  • ·Argentina
  • ·Brazil
  • ·Chile
  • ·Rest of South America
  • Middle East & Africa
  • ·Saudi Arabia
  • ·UAE
  • ·Qatar
  • ·South Africa
  • ·Rest of Middle East & Africa



What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements



Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
  • ·Comprehensive profiling of additional market players (up to 3)
  • ·SWOT Analysis of key players (up to 3)
  • Regional Segmentation