KEY FINDINGS
The global prepreg market is set to record growth at a CAGR of 9.48% in terms of revenue, and 8.11% in terms of volume. The estimated factors that are set to propel the growth of the market are the rising demand from the automotive industry, ease in use, increasing use in wind energy, and aerospace & defense sectors.
MARKET INSIGHTS
Prepreg materials are gaining traction and popularity in many end-user industries as a result of their high strength and lightweight benefits. The thriving composites market is beneficial for the prepreg market growth, along with the cost-cutting initiatives. The consumption of prepreg is deemed to increase with the growing environmental concerns and the strong need for alternate processing methods and products that comply with regulations. Prepregs are increasingly finding applications in the aerospace and automotive sectors. The increasing demand for efficient light and durable materials for the manufacture of aerospace components has been beneficial for market growth in the past. One of the key drivers of market growth is the increasing use of lightweight blades in wind turbines for improving fuel-efficiency.
However, the high costs with regard to the product, in comparison to its alternatives like aluminum, pose a hindrance to market growth. The rising R&D expenditure by several companies for improving the manufacturing techniques, is set to influence the market growth in the forthcoming years. The competitive environment of the market is projected to be intense during the forecast period.
REGIONAL INSIGHTS
The geographical segregation of the global prepreg market encompasses Asia Pacific, North America, Europe, and the rest of the world. North America dominated the market in terms of revenue and volume in 2019, and is set to be consistent with the trend until the end of the forecast period. The growing government expenditure in defense and aerospace sectors in the United States is a major driver of market growth. At the same time, the increasing usage of technological advancements, growing demand from consumers, and the increasing number of R&D centers are catering to the growth of the market.
COMPETITIVE INSIGHTS
The surging demands from the end-users are set to result in a highly competitive market environment during the forecast period. Some of the prominent companies of the market include, SGL Carbon SE, Gurit Holding AG, Royal Ten Cate NV, Toray Industries Inc, Hexcel Corporation, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Global Prepreg Market Forecast 2020-2028
Table of Contents
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Market Definition
3.2. Key Drivers
3.2.1. Augmented Utilization Of Prepreg In Aerospace & Defense
3.2.2. Growing Demand From Automotive Industry
3.2.3. Ease Of Use
3.2.4. Increased Use Of Prepreg In Wind Energy
3.3. Key Restraints
3.3.1. Limited Shelf Life
3.3.2. Cost Prohibitive
3.3.3. Technological Limitations In Manufacturing Of Prepreg
3.3.4. Concerns Regarding Mro Requirements In The Aviation Industry
4. Key Analytics
4.1. Key Investment Insights
4.2. Porter's Five Force Analysis
4.2.1. Buyer Power
4.2.2. Supplier Power
4.2.3. Substitution
4.2.4. New Entrants
4.2.5. Industry Rivalry
4.3. Opportunity Matrix
4.4. Vendor Landscape
4.5. Value Chain Analysis
4.6. Technological Analysis
5. Market By Resin Type (In Terms Of Value: $ Million & In Terms Of Volume: Kilotons)
5.1. Thermoset
5.2. Thermoplastic
6. Market By Manufacturing Process (In Terms Of Value: $ Million & In Terms Of Volume: Kilotons)
6.1. Hot Melt
6.2. Solvent Dip
7. Market By Type (In Terms Of Value: $ Million & In Terms Of Volume: Kilotons)
7.1. Carbon Fiber
7.2. Glass Fiber
7.3. Aramid Fiber
8. Market By End-User (In Terms Of Value: $ Million & In Terms Of Volume: Kilotons)
8.1. Aerospace & Defense
8.2. Wind Energy
8.3. Automotive
8.4. Sporting Goods
8.5. Pcb & Other End-Users
9. Geographical Analysis (In Terms Of Value: $ Million & In Terms Of Volume: Kilotons)
9.1. North America
9.1.1. United States
9.1.2. Canada
9.2. Europe
9.2.1. United Kingdom
9.2.2. Germany
9.2.3. France
9.2.4. Italy
9.2.5. Russia
9.2.6. Belgium
9.2.7. Poland
9.2.8. Rest Of Europe
9.3. Asia Pacific
9.3.1. China
9.3.2. Japan
9.3.3. India
9.3.4. South Korea
9.3.5. Indonesia
9.3.6. Thailand
9.3.7. Vietnam
9.3.8. Australia & New Zealand
9.3.9. Rest Of Asia Pacific
9.4. Rest Of World
9.4.1. Latin America
9.4.2. Middle East & Africa
10. Company Profiles
10.1. Axiom Materials Inc
10.2. Celanese Corporation
10.3. Cytec Solvay Group (Parent Company: Solvay Group)
10.4. Gurit Holding Ag
10.5. Hexcel Corporation
10.6. Mitsubishi Rayon Co Ltd (Mitsubishi Chemical Corporation)
10.7. Park Aerospace Corporation (Formerly Park Electrochemical)
10.8. Renegade Materials Corporation
10.9. Royal Ten Cate Nv
10.10. Sgl Carbon Se
10.11. Teijin Limited
10.12. Toray Industries Inc
10.13. Unicarbon
10.14. Ventec Group
10.15. Zyvex Technologies
List of Tables
Table 1: Market Snapshot - Prepreg
Table 2: Global Prepreg Market, By Resin Type, Historical Years, 2016-2019 (In Kilotons)
Table 3: Global Prepreg Market, By Resin Type, Forecast Years, 2020-2028 (In Kilotons)
Table 4: Global Prepreg Market, By Resin Type, Historical Years, 2016-2019 (In $ Million)
Table 5: Global Prepreg Market, By Resin Type, Forecast Years, 2020-2028 (In $ Million)
Table 6: Global Thermoset Market, By Region, Historical Years, 2016-2019 (In $ Million)
Table 7: Global Thermoset Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 8: Global Thermoplastic Market, By Region, Historical Years, 2016-2019 (In $ Million)
Table 9: Global Thermoplastic Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 10: Global Prepreg Market, By Manufacturing Process, Historical Years, 2016-2019 (In Kilotons)
Table 11: Global Prepreg Market, By Manufacturing Process, Forecast Years, 2020-2028 (In Kilotons)
Table 12: Global Prepreg Market, By Manufacturing Process, Historical Years, 2016-2019 (In $ Million)
Table 13: Global Prepreg Market, By Manufacturing Process, Forecast Years, 2020-2028 (In $ Million)
Table 14: Global Hot Melt Market, By Region, Historical Years, 2016-2019 (In $ Million)
Table 15: Global Hot Melt Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 16: Global Solvent Dip Market, By Region, Historical Years, 2016-2019 (In $ Million)
Table 17: Global Solvent Dip Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 18: Global Prepreg Market, By Type, Historical Years, 2016-2019 (In Kilotons)
Table 19: Global Prepreg Market, By Type, Forecast Years 2020-2028 (In Kilotons)
Table 20: Global Prepreg Market, By Type, Historical Years, 2016-2019 (In $ Million)
Table 21: Global Prepreg Market, By Type, Forecast Years 2020-2028 (In $ Million)
Table 22: Global Carbon Fiber Market, By Region, Historical Years, 2016-2019 (In $ Million)
Table 23: Global Carbon Fiber Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 24: Global Glass Fiber Market, By Region, Historical Years, 2016-2019 (In $ Million)
Table 25: Global Glass Fiber Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 26: Global Aramid Fiber Market, By Region, Historical Years, 2016-2019 (In $ Million)
Table 27: Global Aramid Fiber Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 28: Global Prepreg Market, By End-User, Historical Years, 2016-2019 (In Kilotons)
Table 29: Global Prepreg Market, By End-User, Forecast Years, 2020-2028 (In Kilotons)
Table 30: Global Prepreg Market, By End-User, Historical Years, 2016-2019 (In $ Million)
Table 31: Global Prepreg Market, By End-User, Forecast Years, 2020-2028 (In $ Million)
Table 32: Global Aerospace & Defense Market, By Region, Historical Years, 2016-2019 (In $ Million)
Table 33: Global Aerospace & Defense Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 34: Global Wind Energy Market, By Region, Historical Years, 2016-2019 (In $ Million)
Table 35: Global Wind Energy Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 36: Global Automotive Market, By Region, Historical Years, 2016-2019 (In $ Million)
Table 37: Global Automotive Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 38: Global Sporting Goods Market, By Region, Historical Years, 2016-2019 (In $ Million)
Table 39: Global Sporting Goods Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 40: Global Pcb & Other End-Users Market, By Region, Historical Years, 2016-2019 (In $ Million)
Table 41: Global Pcb & Other End-Users Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 42: Global Prepreg Market, By Geography, Historical Years, 2016-2019 (In Kilotons)
Table 43: Global Prepreg Market, By Geography, Forecast Years, 2020-2028 (In Kilotons)
Table 44: Global Prepreg Market, By Geography, Historical Years, 2016-2019 (In $ Million)
Table 45: Global Prepreg Market, By Geography, Forecast Years, 2020-2028 (In $ Million)
Table 46: North America Prepreg Market, By Country, Historical Years, 2016-2019 (In Kilotons)
Table 47: North America Prepreg Market, By Country, Forecast Years, 2020-2028 (In Kilotons)
Table 48: North America Prepreg Market, By Country, Historical Years, 2016-2019 (In $ Million)
Table 49: North America Prepreg Market, By Country, Forecast Years, 2020-2028 (In $ Million)
Table 50: Europe Prepreg Market, By Country, Historical Years, 2016-2019 (In Kilotons)
Table 51: Europe Prepreg Market, By Country, Forecast Years, 2020-2028 (In Kilotons)
Table 52: Europe Prepreg Market, By Country, Historical Years, 2016-2019 (In $ Million)
Table 53: Europe Prepreg Market, By Country, Forecast Years, 2020-2028 (In $ Million)
Table 54: Asia Pacific Prepreg Market, By Country, Historical Years, 2016-2019 (In Kilotons)
Table 55: Asia Pacific Prepreg Market, By Country, Forecast Years, 2020-2028 (In Kilotons)
Table 56: Asia Pacific Prepreg Market, By Country, Historical Years, 2016-2019 (In $ Million)
Table 57: Asia Pacific Prepreg Market, By Country, Forecast Years, 2020-2028 (In $ Million)
Table 58: Rest Of World Prepreg Market, By Region, Historical Years, 2016-2019 (In Kilotons)
Table 59: Rest Of World Prepreg Market, By Region, Forecast Years, 2020-2028 (In Kilotons)
Table 60: Rest Of World Prepreg Market, By Region, Historical Years, 2016-2019 (In $ Million)
Table 61: Rest Of World Prepreg Market, By Region, Forecast Years, 2020-2028 (In $ Million)
List of Figures
Figure 1: Timeline Of Prepreg
Figure 2: Key Investment Insights
Figure 3: Porter's Five Force Analysis
Figure 4: Opportunity Matrix
Figure 5: Vendor Landscape
Figure 6: Value Chain Analysis
Figure 7: Global Prepreg Market, Growth Potential, By Resin Type, In 2019
Figure 8: Global Prepreg Market, By Thermoset, 2020-2028 (In $ Million)
Figure 9: Global Prepreg Market, By Thermoplastic, 2020-2028 (In $ Million)
Figure 10: Global Prepreg Market, Growth Potential, By Manufacturing Process, In 2019
Figure 11: Global Prepreg Market, By Hot Melt, 2020-2028 (In $ Million)
Figure 12: Global Prepreg Market, By Solvent Dip, 2020-2028 (In $ Million)
Figure 13: Global Prepreg Market, Growth Potential, By Type, In 2019
Figure 14: Global Prepreg Market, By Carbon Fiber, 2020-2028 (In $ Million)
Figure 15: Global Prepreg Market, By Glass Fiber, 2020-2028 (In $ Million)
Figure 16: Global Prepreg Market, By Aramid Fiber, 2020-2028 (In $ Million)
Figure 17: Global Prepreg Market, Growth Potential, By End-User, In 2019
Figure 18: Global Prepreg Market, By Aerospace & Defense, 2020-2028 (In $ Million)
Figure 19: Global Prepreg Market, By Wind Energy, 2020-2028 (In $ Million)
Figure 20: Global Prepreg Market, By Automotive, 2020-2028 (In $ Million)
Figure 21: Global Prepreg Market, By Sporting Goods, 2020-2028 (In $ Million)
Figure 22: Global Prepreg Market, By Pcb & Other End-Users, 2020-2028 (In $ Million)
Figure 23: North America Prepreg Market, Regional Outlook, 2019 & 2028 (In %)
Figure 24: United States Prepreg Market, 2020-2028 (In $ Million)
Figure 25: Canada Prepreg Market, 2020-2028 (In $ Million)
Figure 26: Europe Prepreg Market, Regional Outlook, 2019 & 2028 (In %)
Figure 27: United Kingdom Prepreg Market, 2020-2028 (In $ Million)
Figure 28: Germany Prepreg Market, 2020-2028 (In $ Million)
Figure 29: France Prepreg Market, 2020-2028 (In $ Million)
Figure 30: Italy Prepreg Market, 2020-2028 (In $ Million)
Figure 31: Russia Prepreg Market, 2020-2028 (In $ Million)
Figure 32: Belgium Prepreg Market, 2020-2028 (In $ Million)
Figure 33: Poland Prepreg Market, 2020-2028 (In $ Million)
Figure 34: Rest Of Europe Prepreg Market, 2020-2028 (In $ Million)
Figure 35: Asia Pacific Prepreg Market, Regional Outlook, 2019 & 2028 (In %)
Figure 36: China Prepreg Market, 2020-2028 (In $ Million)
Figure 37: Japan Prepreg Market, 2020-2028 (In $ Million)
Figure 38: India Prepreg Market, 2020-2028 (In $ Million)
Figure 39: South Korea Prepreg Market, 2020-2028 (In $ Million)
Figure 40: Indonesia Prepreg Market, 2020-2028 (In $ Million)
Figure 41: Thailand Prepreg Market, 2020-2028 (In $ Million)
Figure 42: Vietnam Prepreg Market, 2020-2028 (In $ Million)
Figure 43: Australia & New Zealand Prepreg Market, 2020-2028 (In $ Million)
Figure 44: Rest Of Asia Pacific Prepreg Market, 2020-2028 (In $ Million
Figure 45: Rest Of World Prepreg Market, Regional Outlook, 2019 & 2028 (In %)
Figure 46: Latin America Prepreg Market, 2020-2028 (In $ Million)
Figure 47: Middle East & Africa Prepreg Market, 2020-2028 (In $ Million)
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