Carbon Fibre Tape Market Synopsis

Carbon Fibre Tape Market Size is Valued at USD 2.4 Billion in 2023, and is Projected to Reach USD 4.8 Billion by 2032, Growing at a CAGR of 8.6% From 2024-2032.

Carbon fiber tape market has a great opportunity to grow in the recent future due to the rising demand for the high strength and lightweight products across the industries. Carbon fiber cassettes are very different from a typical steel or aluminum component, which are made of piles of continuous carbon fibers in a resin matrix. Misznay say that they offer enhanced thermal stability, corrosion, and superior mechanical strength to weight ratios. It makes it especially useful for infrastructure such as aerospace, automobile, wind power and construction since they make the equipment lighter and can boost fuel efficiency and durability.

• The aerospace and Defence companies have widely adopted the carbon fiber tapes because of their use in fabrication of plane structures, such as the fuselage, wings and other structures. There is also increasing demand for lighter, safer and more efficient aircraft through innovations in creating more fuel-efficient aircraft and usage of composites in the new generation aircrafts have given a different insight to the tape carbon fibers. Automotive industry itself continue to drive the market through active use of carbon fiber tape technology in their manufacturing of lightweight parts that boost the performance of automobiles and decrease emissions.
• Applications in wind energy are also found to be a major influence in the carbon fiber tape market. Wind turbine blades are using carbon fiber tapes as the use of searched for renewable resources increases. They assist in weight reduction of blades reduction in the blade’s weight, augmentation of the blade effectiveness and a longer spacer for the blades. This has ensured carbon fiber tapes play a critical role in the dissemination of green energy solutions the world over thus the growth of their market.

Carbon Fibre Tape Market Trend Analysis

Increased Adoption of Carbon Fibre Tapes in Electric Vehicles (EVs) for Lightweighting Solutions

• With the aim to enhance battery efficiency and the number of kilometers traveled within the same charging time, EV manufacturers are extending the use of lightweight materials such as for instance carbon fiber membranes not only to body and chassis but also to battery compartments. Carbon fiber adhesives can also be incorporated to help manufacturers shave of weight from their vehicles without compromising strength or performance. This approach to lightweighting mutually benefits energy efficiency and emissions/output as well as ensures that EVs meet stringent emissions/token-mile standards and have greater range.
• Also, carbon fiber adhesives have secondary benefits which state increased safety and Impact strength that really makes it perfect for electric vehicles. Since the demand for electric vehicles is projected to grow, particularly in areas with well-developed environmental policies, namely Europe and North America, there will be an appreciation of the need for hi-end products including carbon fibre tapes. Rising diversification of carbon fiber tape technology by EV manufacturers and composite material suppliers to enhance the production line also supports the growth of the carbon fiber tape market in automotive.

Advancements in Automated Manufacturing Technologies for Carbon Fibre Tape Production

• Automated tape laying (ATL) and automated fiber placement (AFP) technology are being adopted to increase the productivity of the process, reduce the loss of materials, and increase the accuracy of carbon fiber tapes. In particular, such sectors as aerospace, automotive and energy through wind instruments require high accuracy and repeatability in the placement of carbon fiber tapes in composite structures which is provided by these technologies. Thus, the use of automation in manufacturing serves to lower the manufacturing costs as well as improve the availability of carbon fiber tapes across an expanded range of industrial application fields.
• In addition, automation technologies can effectively support the growth of production capacities, it being a primary requirement for the growing demand in various industries for carbon fiber tapes. It also enables building of complex structures with high-performance composite structures, which demand multi-directional taping, enhanced mechanical properties among other things. This has increased the prospects for application of the carbon fibre membranes in some of the new economy products such as aerospace and the EV industries where the main goal is to work towards minimized weight and maximum performance. Given the continuing R&D of integrated automated solutions on the production of carbon fiber tapes, we believe that growth of the market will continue in the future years.

Carbon Fibre Tape Market Segment Analysis:

Carbon Fibre Tape Market Segmented on the basis of By Resin, By Form, By Manufacturing Process, and End Use Industry

By Resin, Epoxy segment is expected to dominate the market during the forecast period

• Epoxy resin is the most commonly used material in carbon fiber membranes because of the superior ability of epoxy resins to adhere to the fabric, resistance to chemical attacks, and efficient ability to maintain the structural strength of the CFM even under adverse conditions. Flying machines, vehicles, and wind power plants; applying and demanding high strength structures with prolonged lifetime, epoxy based carbon fiber membranes are preferred. It is these features that qualify these tapes for critical structural applications for extraodrinary bonding with other composite products.
• On the other hand, the thermoplastic resins are quickly growing due to recycling characteristics and quick processing cycles. While epoxy and other thermoset systems are used widely with carbon fiber in composite structures, carbon fiber thermoplastic tape provides additional degrees of freedom during the manufacture and repairs because of their capacity to remelt and reorient. Hence high temperature resistance carbon fiber tapes based on bismaleimide and polyamide are used in aerospace and industrial sectors. This resin type improves the versatility of carbon fiber tapes in different industries that seek components with mechanical strength and thermal resistance.

By End Use Industry, Aerospace and Defense segment held the largest share in 2024

• Some of the major applications of Carbon Fiber Tape are in aerospace and defense industries and for this purpose, the Carbon Fiber Tape Market caters to several other industries. Thus, carbon fiber tapes are used for the production of such elements of the aircraft as wings, fuselage, and internal panels due to their corrosion-resistance, high strength, and low density. These membranes help to shave off some amount of the aircraft’s total weight thus increasing its fuel capacity and decreasing its operational expenses. In defense industry carbon fiber tapes are applied to develop lightweight and high strength composite structures suitable for military vehicles, protective armor and other applications where high performance materials are required.
• Other important end use applications include automobile and ancillaries, construction and infrastructure, marine, and sports equipment. Lightweighting continues to become a significant trend in the automotive industry and carbon fiber adhesives are used to enhance vehicle handling, emissions in EVs. The construction and infrastructure industries to have structures with strengthened reinforcement materials use carbon fibre tapes while the marine industry since the product has very high endurance in various harsh conditions. More so, carbon fiber adhesives in the sporting goods industry are new, and popularly used in bicycles, golf clubs, and hockey sticks, as such products improve on performance levels due to the great strength and the reduced weight of the equipment.

Carbon Fibre Tape Market Regional Insights:

Asia-Pacific is expected to dominate the electrodialysis equipment market 

• The Electrodialysis Equipment Market is anticipated to have the Asia-Pacific region as the leading market owing to continuous development in water treatment and desalination technologies due to increased industrial, urban growth and population in the region. The eminent water deficit situations in the countries like China and India have pushed the populace towards the improved water purification technologies such as electrodialysis. The development of a number of manufacturing industries like pharmaceuticals, chemical and food and beverage in the region also supports the demand for electrodialysis apparatus as the efficient mechanism for wastewater treatment. In addition, future market growth in the Asia-Pacific region is expected due to government-directed regulatory measures and promotion of initiatives in sustainable water management.
• A significant increase in automotive and aerospace sectors in South Korea, Japan, and China is the reason that Asia-Pacific is expected to hold the largest share in the carbon fiber tape market. The call for enhanced petroleum efficiency and decrease in emissions across various industries, coupled with ongoing quest to incorporate lighter materials in those industries, has resulted in the use of carbon fiber tapes. That is why there are significant investments in wind energy projects in the region, where carbon fiber tapes are used to produce more durable and lightweight blade of wind turbines. In addition, the region has a strong manufacturing industry, decline in the cost of production, and increased application of carbon fiber tapes in civil construction and structures projects to experience massive growth in this market. 

Active Key Players in the Carbon Fibre Tape Market

• Eurodia (France)
• PCCell GmbH (Germany)
• Evoqua Water Technologies LLC (U.S.)
• General Electric Company (U.S.)
• C-Tech Innovation (U.K.)
• AGC Engineering CO., LTD. (Japan)
• ASTOM Corporation (Japan)
• MEGA group companies (Czechia)
• SnowPure, LLC (U.S.)
• Saltworks Technologies Inc. (Canada), other Active Players.

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Carbon Fibre Tape Market by Resin
 4.1 Carbon Fibre Tape Market Snapshot and Growth Engine
 4.2 Carbon Fibre Tape Market Overview
 4.3 Epoxy
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Epoxy: Geographic Segmentation Analysis
 4.4 Thermoplastic
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Thermoplastic: Geographic Segmentation Analysis
 4.5 Bismaleimide
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Bismaleimide: Geographic Segmentation Analysis
 4.6 Polyamide
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 Polyamide: Geographic Segmentation Analysis
 4.7 Others
  4.7.1 Introduction and Market Overview
  4.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.7.3 Key Market Trends, Growth Factors and Opportunities
  4.7.4 Others: Geographic Segmentation Analysis

Chapter 5: Carbon Fibre Tape Market by Form
 5.1 Carbon Fibre Tape Market Snapshot and Growth Engine
 5.2 Carbon Fibre Tape Market Overview
 5.3 Prepreg Tape
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Prepreg Tape: Geographic Segmentation Analysis
 5.4 Dry Tape
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Dry Tape: Geographic Segmentation Analysis

Chapter 6: Carbon Fibre Tape Market by Manufacturing Process
 6.1 Carbon Fibre Tape Market Snapshot and Growth Engine
 6.2 Carbon Fibre Tape Market Overview
 6.3 Hot Melt
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Hot Melt: Geographic Segmentation Analysis
 6.4 Solvent Dip
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Solvent Dip: Geographic Segmentation Analysis

Chapter 7: Carbon Fibre Tape Market by End-Use Industry
 7.1 Carbon Fibre Tape Market Snapshot and Growth Engine
 7.2 Carbon Fibre Tape Market Overview
 7.3 Aerospace and Defense
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Aerospace and Defense: Geographic Segmentation Analysis
 7.4 Marine
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Marine: Geographic Segmentation Analysis
 7.5 Automotive
  7.5.1 Introduction and Market Overview
  7.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.5.3 Key Market Trends, Growth Factors and Opportunities
  7.5.4 Automotive: Geographic Segmentation Analysis
 7.6 Construction & Infrastructure
  7.6.1 Introduction and Market Overview
  7.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.6.3 Key Market Trends, Growth Factors and Opportunities
  7.6.4 Construction & Infrastructure: Geographic Segmentation Analysis
 7.7 Sporting Goods
  7.7.1 Introduction and Market Overview
  7.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.7.3 Key Market Trends, Growth Factors and Opportunities
  7.7.4 Sporting Goods: Geographic Segmentation Analysis
 7.8 Others
  7.8.1 Introduction and Market Overview
  7.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.8.3 Key Market Trends, Growth Factors and Opportunities
  7.8.4 Others: Geographic Segmentation Analysis

Chapter 8: Company Profiles and Competitive Analysis
 8.1 Competitive Landscape
  8.1.1 Competitive Benchmarking
  8.1.2 Carbon Fibre Tape Market Share by Manufacturer (2023)
  8.1.3 Industry BCG Matrix
  8.1.4 Heat Map Analysis
  8.1.5 Mergers and Acquisitions
  
 8.2 EURODIA (FRANCE)
  8.2.1 Company Overview
  8.2.2 Key Executives
  8.2.3 Company Snapshot
  8.2.4 Role of the Company in the Market
  8.2.5 Sustainability and Social Responsibility
  8.2.6 Operating Business Segments
  8.2.7 Product Portfolio
  8.2.8 Business Performance
  8.2.9 Key Strategic Moves and Recent Developments
  8.2.10 SWOT Analysis
 8.3 PCCELL GMBH (GERMANY)
 8.4 EVOQUA WATER TECHNOLOGIES LLC (U.S.)
 8.5 GENERAL ELECTRIC COMPANY (U.S.)
 8.6 C-TECH INNOVATION (U.K.)
 8.7 AGC ENGINEERING CO LTD (JAPAN)
 8.8 ASTOM CORPORATION (JAPAN)
 8.9 MEGA GROUP COMPANIES (CZECHIA)
 8.10 SNOWPURE
 8.11 LLC (U.S.)
 8.12 SALTWORKS TECHNOLOGIES INC (CANADA)
 8.13 OTHER ACTIVE PLAYERS

Chapter 9: Global Carbon Fibre Tape Market By Region
 9.1 Overview
 9.2. North America Carbon Fibre Tape Market
  9.2.1 Key Market Trends, Growth Factors and Opportunities
  9.2.2 Top Key Companies
  9.2.3 Historic and Forecasted Market Size by Segments
  9.2.4 Historic and Forecasted Market Size By Resin
  9.2.4.1 Epoxy
  9.2.4.2 Thermoplastic
  9.2.4.3 Bismaleimide
  9.2.4.4 Polyamide
  9.2.4.5 Others
  9.2.5 Historic and Forecasted Market Size By Form
  9.2.5.1 Prepreg Tape
  9.2.5.2 Dry Tape
  9.2.6 Historic and Forecasted Market Size By Manufacturing Process
  9.2.6.1 Hot Melt
  9.2.6.2 Solvent Dip
  9.2.7 Historic and Forecasted Market Size By End-Use Industry
  9.2.7.1 Aerospace and Defense
  9.2.7.2 Marine
  9.2.7.3 Automotive
  9.2.7.4 Construction & Infrastructure
  9.2.7.5 Sporting Goods
  9.2.7.6 Others
  9.2.8 Historic and Forecast Market Size by Country
  9.2.8.1 US
  9.2.8.2 Canada
  9.2.8.3 Mexico
 9.3. Eastern Europe Carbon Fibre Tape Market
  9.3.1 Key Market Trends, Growth Factors and Opportunities
  9.3.2 Top Key Companies
  9.3.3 Historic and Forecasted Market Size by Segments
  9.3.4 Historic and Forecasted Market Size By Resin
  9.3.4.1 Epoxy
  9.3.4.2 Thermoplastic
  9.3.4.3 Bismaleimide
  9.3.4.4 Polyamide
  9.3.4.5 Others
  9.3.5 Historic and Forecasted Market Size By Form
  9.3.5.1 Prepreg Tape
  9.3.5.2 Dry Tape
  9.3.6 Historic and Forecasted Market Size By Manufacturing Process
  9.3.6.1 Hot Melt
  9.3.6.2 Solvent Dip
  9.3.7 Historic and Forecasted Market Size By End-Use Industry
  9.3.7.1 Aerospace and Defense
  9.3.7.2 Marine
  9.3.7.3 Automotive
  9.3.7.4 Construction & Infrastructure
  9.3.7.5 Sporting Goods
  9.3.7.6 Others
  9.3.8 Historic and Forecast Market Size by Country
  9.3.8.1 Bulgaria
  9.3.8.2 The Czech Republic
  9.3.8.3 Hungary
  9.3.8.4 Poland
  9.3.8.5 Romania
  9.3.8.6 Rest of Eastern Europe
 9.4. Western Europe Carbon Fibre Tape Market
  9.4.1 Key Market Trends, Growth Factors and Opportunities
  9.4.2 Top Key Companies
  9.4.3 Historic and Forecasted Market Size by Segments
  9.4.4 Historic and Forecasted Market Size By Resin
  9.4.4.1 Epoxy
  9.4.4.2 Thermoplastic
  9.4.4.3 Bismaleimide
  9.4.4.4 Polyamide
  9.4.4.5 Others
  9.4.5 Historic and Forecasted Market Size By Form
  9.4.5.1 Prepreg Tape
  9.4.5.2 Dry Tape
  9.4.6 Historic and Forecasted Market Size By Manufacturing Process
  9.4.6.1 Hot Melt
  9.4.6.2 Solvent Dip
  9.4.7 Historic and Forecasted Market Size By End-Use Industry
  9.4.7.1 Aerospace and Defense
  9.4.7.2 Marine
  9.4.7.3 Automotive
  9.4.7.4 Construction & Infrastructure
  9.4.7.5 Sporting Goods
  9.4.7.6 Others
  9.4.8 Historic and Forecast Market Size by Country
  9.4.8.1 Germany
  9.4.8.2 UK
  9.4.8.3 France
  9.4.8.4 Netherlands
  9.4.8.5 Italy
  9.4.8.6 Russia
  9.4.8.7 Spain
  9.4.8.8 Rest of Western Europe
 9.5. Asia Pacific Carbon Fibre Tape Market
  9.5.1 Key Market Trends, Growth Factors and Opportunities
  9.5.2 Top Key Companies
  9.5.3 Historic and Forecasted Market Size by Segments
  9.5.4 Historic and Forecasted Market Size By Resin
  9.5.4.1 Epoxy
  9.5.4.2 Thermoplastic
  9.5.4.3 Bismaleimide
  9.5.4.4 Polyamide
  9.5.4.5 Others
  9.5.5 Historic and Forecasted Market Size By Form
  9.5.5.1 Prepreg Tape
  9.5.5.2 Dry Tape
  9.5.6 Historic and Forecasted Market Size By Manufacturing Process
  9.5.6.1 Hot Melt
  9.5.6.2 Solvent Dip
  9.5.7 Historic and Forecasted Market Size By End-Use Industry
  9.5.7.1 Aerospace and Defense
  9.5.7.2 Marine
  9.5.7.3 Automotive
  9.5.7.4 Construction & Infrastructure
  9.5.7.5 Sporting Goods
  9.5.7.6 Others
  9.5.8 Historic and Forecast Market Size by Country
  9.5.8.1 China
  9.5.8.2 India
  9.5.8.3 Japan
  9.5.8.4 South Korea
  9.5.8.5 Malaysia
  9.5.8.6 Thailand
  9.5.8.7 Vietnam
  9.5.8.8 The Philippines
  9.5.8.9 Australia
  9.5.8.10 New Zealand
  9.5.8.11 Rest of APAC
 9.6. Middle East & Africa Carbon Fibre Tape Market
  9.6.1 Key Market Trends, Growth Factors and Opportunities
  9.6.2 Top Key Companies
  9.6.3 Historic and Forecasted Market Size by Segments
  9.6.4 Historic and Forecasted Market Size By Resin
  9.6.4.1 Epoxy
  9.6.4.2 Thermoplastic
  9.6.4.3 Bismaleimide
  9.6.4.4 Polyamide
  9.6.4.5 Others
  9.6.5 Historic and Forecasted Market Size By Form
  9.6.5.1 Prepreg Tape
  9.6.5.2 Dry Tape
  9.6.6 Historic and Forecasted Market Size By Manufacturing Process
  9.6.6.1 Hot Melt
  9.6.6.2 Solvent Dip
  9.6.7 Historic and Forecasted Market Size By End-Use Industry
  9.6.7.1 Aerospace and Defense
  9.6.7.2 Marine
  9.6.7.3 Automotive
  9.6.7.4 Construction & Infrastructure
  9.6.7.5 Sporting Goods
  9.6.7.6 Others
  9.6.8 Historic and Forecast Market Size by Country
  9.6.8.1 Turkey
  9.6.8.2 Bahrain
  9.6.8.3 Kuwait
  9.6.8.4 Saudi Arabia
  9.6.8.5 Qatar
  9.6.8.6 UAE
  9.6.8.7 Israel
  9.6.8.8 South Africa
 9.7. South America Carbon Fibre Tape Market
  9.7.1 Key Market Trends, Growth Factors and Opportunities
  9.7.2 Top Key Companies
  9.7.3 Historic and Forecasted Market Size by Segments
  9.7.4 Historic and Forecasted Market Size By Resin
  9.7.4.1 Epoxy
  9.7.4.2 Thermoplastic
  9.7.4.3 Bismaleimide
  9.7.4.4 Polyamide
  9.7.4.5 Others
  9.7.5 Historic and Forecasted Market Size By Form
  9.7.5.1 Prepreg Tape
  9.7.5.2 Dry Tape
  9.7.6 Historic and Forecasted Market Size By Manufacturing Process
  9.7.6.1 Hot Melt
  9.7.6.2 Solvent Dip
  9.7.7 Historic and Forecasted Market Size By End-Use Industry
  9.7.7.1 Aerospace and Defense
  9.7.7.2 Marine
  9.7.7.3 Automotive
  9.7.7.4 Construction & Infrastructure
  9.7.7.5 Sporting Goods
  9.7.7.6 Others
  9.7.8 Historic and Forecast Market Size by Country
  9.7.8.1 Brazil
  9.7.8.2 Argentina
  9.7.8.3 Rest of SA

Chapter 10 Analyst Viewpoint and Conclusion
10.1 Recommendations and Concluding Analysis
10.2 Potential Market Strategies

Chapter 11 Research Methodology
11.1 Research Process
11.2 Primary Research
11.3 Secondary Research