Carbon Fiber Tapes Market- How to Leverage on Food & Beverages Industry During COVID-19 Crisis?
The global carbon fiber tapes market size is expected to reach USD 4,855.6 million by 2027, exhibiting a CAGR of 13.4% during the forecast period. The growing utilization of carbon fiber in various industries due to its high tensile strength and electrical conductivity will spur opportunities for the market, states Fortune Business Insights, in a report, titled “ Carbon Fiber Tapes Market Size, Share & COVID-19 Impact Analysis, By Form (Dry Tapes, and Prepreg Tapes), By Resin (Epoxy, Polyamide, Bismaleimide, Thermoplastic, and Others), By End-use (Aerospace & Defense, Automotive, Sports/Leisure, Building & Construction, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 1,918.6 million in 2019. The coronavirus outbreak has affected numerous industries across the globe. The governments of several countries have instigated lockdown to thwart the spread of this deadly virus. Such plans have caused disturbances in the production and supply chai