Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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USD 751.14 Million |
| USD 1,188.21 Million | |
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Global Fiber Reinforced Composite Tapes Market Segmentation, By Application (Aerospace & Defense, Automotive, Sports & Leisure, and Others), Types (Glass Fiber Reinforced Composite Tapes and Carbon Fiber Reinforced Composite Tapes) - Industry Trends and Forecast to 2032
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Attributes
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Fiber Reinforced Composite Tapes Key Market Insights
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Segments Covered
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Countries Covered
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North America
Europe
Asia-Pacific
Middle East and Africa
South America
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Key Market Players
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Market Opportunities
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Value Added Data Infosets
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, pricing analysis, brand share analysis, consumer survey, demography analysis, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework.
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“Lightweight Material Adoption across Aerospace and Automotive Industries”
The market is segmented on the basis of application and types.
• By Application
On the basis of application, the fiber reinforced composite tapes market is segmented into Aerospace & Defense, Automotive, Sports & Leisure, and Others. The Aerospace & Defense segment dominated the fiber reinforced composite tapes market with the largest market revenue share of 46.3% in 2024, driven by the growing demand for lightweight, high-strength materials to enhance fuel efficiency, structural integrity, and performance of aircraft and defense equipment. Fiber Reinforced Composite Tapes are increasingly utilized in fuselage components, wing structures, and interior parts due to their excellent strength-to-weight ratio, fatigue resistance, and compatibility with automated manufacturing processes.
The Automotive segment is anticipated to witness the fastest growth rate from 2025 to 2032, fueled by the industry's push towards lightweight vehicles, electric mobility, and improved crashworthiness. Automakers are increasingly adopting Fiber Reinforced Composite Tapes in structural reinforcements, body panels, and interior components to achieve weight reduction, enhance energy efficiency, and meet stringent emissions regulations.
• By Type
On the basis of type, the fiber reinforced composite tapes market is segmented into Glass Fiber Reinforced Composite Tapes and Carbon Fiber Reinforced Composite Tapes. The Glass Fiber Reinforced Composite Tapes segment held the largest market revenue share of 53.7% in 2024, attributed to their affordability, versatility, and excellent mechanical properties suitable for various industries including automotive, construction, and sports equipment. Glass fiber tapes offer good strength, corrosion resistance, and thermal insulation, making them ideal for high-volume applications with cost-sensitive requirements.
The Carbon Fiber Reinforced Composite Tapes segment is projected to grow at the fastest CAGR from 2025 to 2032, supported by their superior strength-to-weight ratio, stiffness, and high-performance characteristics essential for aerospace, defense, and premium automotive applications. The increasing focus on fuel efficiency, emission reduction, and lightweight structures is driving the demand for carbon fiber-based composite tapes in high-end, performance-critical sectors.
U.S. Fiber Reinforced Composite Tapes Market Insight
U.S. fiber reinforced composite tapes market captured the largest revenue share within North America in 2024, supported by a robust aerospace and defense sector, technological advancements, and increasing investments in electric vehicles and renewable energy infrastructure. The growing focus on fuel efficiency, emission reduction, and lightweight components is driving the widespread use of fiber reinforced composite tapes in structural, interior, and performance-critical applications across industries.
Canada Fiber Reinforced Composite Tapes Market Insight
Canada fiber reinforced composite tapes market is witnessing steady growth, fueled by expanding demand for durable, high-strength materials in automotive, construction, and energy sectors. The integration of fiber reinforced composite tapes in public transport systems, lightweight vehicle components, and building facades aligns with the country's sustainability goals and stringent safety standards, promoting market adoption.
Which Region is the Fastest Growing Region in the Fiber Reinforced Composite Tapes Market?
Asia-Pacific is projected to grow at the fastest CAGR of 10.4% from 2025 to 2032, driven by rapid industrialization, urbanization, and increasing investments in infrastructure, transportation, and renewable energy. The growing aerospace and automotive manufacturing base, particularly in China, Japan, and India, is significantly boosting demand for lightweight, durable composite materials. Rising disposable incomes, expanding construction activities, and government initiatives promoting sustainable building practices are further propelling the adoption of fiber reinforced composite tapes across Asia-Pacific. Local manufacturers' focus on improving production capabilities and the increasing availability of cost-effective, high-performance composite tapes are enhancing market accessibility across diverse end-use sectors.
China Fiber Reinforced Composite Tapes Market Insight
China fiber reinforced composite tapes market accounted for the largest revenue share within Asia-Pacific in 2024, supported by large-scale infrastructure projects, growing demand for lightweight automotive components, and significant investments in aerospace manufacturing. The country's emphasis on domestic production, technological innovation, and smart city development is accelerating the integration of fiber reinforced composite tapes in construction, transportation, and industrial sectors.
Japan Fiber Reinforced Composite Tapes Market Insight
Japan fiber reinforced composite tapes market is experiencing stable growth, driven by stringent quality standards, advanced technological capabilities, and increasing demand for high-performance materials in aerospace, transportation, and electronics industries. The widespread use of fiber reinforced composite tapes in applications requiring durability, lightweight construction, and fire safety reflects the country's focus on innovation and sustainability across key industries.
The fiber reinforced composite tapes industry is primarily led by well-established companies, including:
SKU-
To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Fiber Reinforced Composite Tapes Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Fiber Reinforced Composite Tapes Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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