HOME Research Insight New Product Launch is the Key Development Strategy Adopted by the Leading Market Players in the Global Carbon Fiber Tape Market.



New Product Launch is the Key Development Strategy Adopted by the Leading Market Players in the Global Carbon Fiber Tape Market.


The key companies offering carbon fiber tapes have adopted in new product launches to strengthen their position in the carbon fiber tape market. The key players in the market actively participated in new product launches to expand their global reach from 2012 to 2017. New product launch was the only key strategy in the carbon fiber tape market from 2012 to 2017.

The major manufacturers profiled in this report are Zoltek Corporation (US), Teijin Limited (Japan), Hexcel Corporation (US), Royal TenCate (Netherlands), Mitsubishi Rayon Carbon Fibers and Composites (Japan), Saudi Basic Industries Corporation (Saudi Arabia), Evonik Industries (Germany), SGL Group (Germany), Royal DSM (Netherlands), and Solvay (Belgium) among others. These companies have adopted new product launches as the key strategy.

Royal TenCate (Netherlands) and Zoltek Corporation (US) are key players in the carbon fiber tape market. These companies witnessed the highest strategy adoptions among the other players in the global carbon fiber tape market, accounting for approximately 33.3% of the total market from 2012 to 2017.

Royal TenCate is the leader and one of the largest contributors to the growth of carbon fiber tape market. The company’s diverse product portfolio and technologically advanced R&D centers have contributed to increase its share in this market. The company caters the demand of various industries which include aerospace, sporting goods, and automotive, which enhances its customer base.

Zoltek Corporation is another major player that established its strong foothold in the carbon fiber tape market. The company has a broad and diversified carbon fiber tape product portfolio, which ensures its consistent growth in the global carbon fiber tape market. The company is focused on organic growth and has enhanced its product portfolio with new product launch strategy to meet the growing demand of its potential customers. For instance, in March 2017, the company launched new carbon fiber tape named, UDMAX which helped the company complement its existing range of thermoplastic composite products. This strategy has helped the company enhance its technical expertise and increase its global reach in the carbon fiber tape market.

Related Reports:

Carbon Fiber Tape Market by Form Type, End-use Industry (Aerospace, Marine, Sporting Goods), Region - Global Forecast to 2022

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