| Product Code: ETC4499150 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Nigeria`s import shipments of unidirectional tapes (UD) in 2024 continued to be dominated by top exporting countries such as China, Egypt, India, Turkey, and Taiwan, Province of China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. However, the industry experienced a significant decline with a Compound Annual Growth Rate (CAGR) of -44.62% from 2020 to 2024. The growth rate in 2024 alone plummeted by -60.17%, reflecting challenges in the sector. As Nigeria navigates these trends, it will be crucial for stakeholders to strategize and adapt to market dynamics effectively.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Unidirectional Tapes (UD) Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Unidirectional Tapes (UD) Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Unidirectional Tapes (UD) Market - Industry Life Cycle |
3.4 Nigeria Unidirectional Tapes (UD) Market - Porter's Five Forces |
3.5 Nigeria Unidirectional Tapes (UD) Market Revenues & Volume Share, By Fiber, 2021 & 2031F |
3.6 Nigeria Unidirectional Tapes (UD) Market Revenues & Volume Share, By Resin, 2021 & 2031F |
3.7 Nigeria Unidirectional Tapes (UD) Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Nigeria Unidirectional Tapes (UD) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-strength materials in various industries such as automotive, aerospace, and construction |
4.2.2 Growing focus on infrastructure development and investments in Nigeria |
4.2.3 Technological advancements leading to the development of advanced unidirectional tapes (UD) |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up manufacturing facilities for UD tapes |
4.3.2 Limited awareness and adoption of UD tapes in certain industries |
4.3.3 Fluctuating raw material prices affecting the production cost of UD tapes |
5 Nigeria Unidirectional Tapes (UD) Market Trends |
6 Nigeria Unidirectional Tapes (UD) Market, By Types |
6.1 Nigeria Unidirectional Tapes (UD) Market, By Fiber |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Unidirectional Tapes (UD) Market Revenues & Volume, By Fiber, 2021 - 2031F |
6.1.3 Nigeria Unidirectional Tapes (UD) Market Revenues & Volume, By Glass fiber, 2021 - 2031F |
6.1.4 Nigeria Unidirectional Tapes (UD) Market Revenues & Volume, By Carbon fiber, 2021 - 2031F |
6.2 Nigeria Unidirectional Tapes (UD) Market, By Resin |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Unidirectional Tapes (UD) Market Revenues & Volume, By Thermoplastic, 2021 - 2031F |
6.2.3 Nigeria Unidirectional Tapes (UD) Market Revenues & Volume, By Thermoset, 2021 - 2031F |
6.3 Nigeria Unidirectional Tapes (UD) Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Unidirectional Tapes (UD) Market Revenues & Volume, By Aerospace & Defense, 2021 - 2031F |
6.3.3 Nigeria Unidirectional Tapes (UD) Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.4 Nigeria Unidirectional Tapes (UD) Market Revenues & Volume, By Sports & Leisure, 2021 - 2031F |
6.3.5 Nigeria Unidirectional Tapes (UD) Market Revenues & Volume, By Others, 2021 - 2031F |
7 Nigeria Unidirectional Tapes (UD) Market Import-Export Trade Statistics |
7.1 Nigeria Unidirectional Tapes (UD) Market Export to Major Countries |
7.2 Nigeria Unidirectional Tapes (UD) Market Imports from Major Countries |
8 Nigeria Unidirectional Tapes (UD) Market Key Performance Indicators |
8.1 Research and development investment in UD tape technology |
8.2 Number of collaborations and partnerships with end-user industries for product development and market expansion |
8.3 Adoption rate of UD tapes in key industries in Nigeria |
9 Nigeria Unidirectional Tapes (UD) Market - Opportunity Assessment |
9.1 Nigeria Unidirectional Tapes (UD) Market Opportunity Assessment, By Fiber, 2021 & 2031F |
9.2 Nigeria Unidirectional Tapes (UD) Market Opportunity Assessment, By Resin, 2021 & 2031F |
9.3 Nigeria Unidirectional Tapes (UD) Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Nigeria Unidirectional Tapes (UD) Market - Competitive Landscape |
10.1 Nigeria Unidirectional Tapes (UD) Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Unidirectional Tapes (UD) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |