Press Release

Global Data Route Analytics Forecasts Strong Growth in Composite Tapes Market

PRESS RELEASE

Pune, December 12, 2025 – Global Data Route Analytics announces the release of its latest research report on the Global Fiber Reinforced Composite Tapes Market, which is projected to expand from an estimated USD 745 million in 2024 to approximately USD 1,175 million by 2035. This growth underscores the increasing global need for lightweight, high-strength materials across multiple advanced industries.

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Demand is rising rapidly across aerospace, automotive, wind energy, and construction sectors, where fiber reinforced composite tapes enable significant weight reduction, enhanced durability, and improved structural performance. With a steady compound annual growth rate (CAGR) of about 5.8% during the forecast period, advancements in composite manufacturing technologies continue to accelerate market adoption.

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Sustainability-focused innovation is reshaping the sector as manufacturers develop next-generation composite tapes offering superior strength-to-weight ratios, improved recyclability, and enhanced performance. These trends present substantial opportunities for investors and industry participants in this evolving materials landscape.

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Market Segmentation – Global Fiber Reinforced Composite Tapes Market

By Product Type
• Carbon Fiber Reinforced Composite Tapes
• Glass Fiber Reinforced Composite Tapes
• Aramid Fiber Reinforced Composite Tapes
• Others

By Application
• Aerospace & Defense
• Automotive
• Wind Energy
• Sports & Leisure
• Electrical & Electronics
• Construction
• Others

By End User
• Aerospace Manufacturers
• Automotive Companies
• Wind Turbine Manufacturers
• Sports Equipment Manufacturers
• Electrical & Electronics Companies
• Construction Firms
• Others

By Region – Global Fiber Reinforced Composite Tapes Market
North America
• United States
• Canada
• Mexico
Europe
• Germany
• United Kingdom
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of Asia-Pacific
Latin America
• Brazil
• Argentina
• Rest of Latin America
Middle East and Africa
• South Africa
• Saudi Arabia
• United Arab Emirates
• Rest of Middle East and Africa

Key Players – Global Fiber Reinforced Composite Tapes Market
• Hexcel Corporation
• Toray Industries, Inc.
• Teijin Limited
• Mitsubishi Chemical Holdings Corporation
• SGL Carbon SE
• Zoltek Companies, Inc. (A Toray Group Company)
• Gurit Holding AG
• Owens Corning
• Cytec Solvay Group
• Jushi Group Co., Ltd.

About Global Data Route Analytics
Global Data Route Analytics is a market research and consulting firm that provides businesses with data analysis, market forecasts, and tailored reports across various industries. The company uses advanced data analysis techniques, proprietary data, and an expert team to help clients understand market trends, make informed decisions, and develop strategies. They focus on delivering customized solutions, competitive intelligence, and growth strategies to help businesses succeed in their respective markets.

Media Contact:

Srushti Tungar

Global Data Route Analytics.