KEY FINDINGS
The global prepreg market growth is expected to progress at a CAGR of 9.02% in terms of volume and 10.41% in terms of revenue during the forecast period, 2021-2028. The growing use of prepreg in wind energy, ease of use, demand from the automotive industry, and the increasing use in the aerospace and defense sectors propel market growth.
MARKET INSIGHTS
Prepregs are reinforcing fabrics saturated with resin products that find applications in the preparation of multilayer boards. They also offer unique properties attributed to their manufacturing by curing under high pressures and temperatures.
Composites are used in trucks and cars, particularly under the hood and interiors. High-performance automobiles have long used carbon fibers. Also, currently, new high-speed manufacturing technologies facilitate the incorporation of carbon fibers in manufacturing vehicles. In addition, the automotive sector entails a growing demand for better and fuel-efficient automobiles. Besides, manufacturers are inclined to produce light and improved exterior and interior parts that substantially enhance fuel efficiency.
Furthermore, there has been a shift from e-glass to carbon fiber composite materials for fuel-efficient and lightweight vehicles. Additionally, carbon composite materials are incorporated into more diverse structures, given the advanced R&D by carbon fiber manufacturing companies. Such aspects increase the need for prepregs in the automotive industry. This further drives the global prepreg market growth. However, the market growth is restrained by cost-prohibitive, limited shelf life, and technological limitations.
REGIONAL INSIGHTS
The global prepreg market growth evaluation includes the analysis of North America, Europe, Asia-Pacific, and Rest of World. North America is the dominating region in the global market in terms of revenue and volume. The rising use of prepreg in electric cars and aircraft, and the presence of established market players, contribute to the region's market prospects.
COMPETITIVE INSIGHTS
The increasing demand for prepreg has led to leaders implementing competitive strategies like mergers & acquisitions and capacity expansions, thereby increasing the competitive rivalry. Hexcel Corporation, Park Aerospace Corporation (Formerly Park Electrochemical), Mitsubishi Rayon Co Ltd (Mitsubishi Chemical Corporation), Gurit Holding AG, etc., are among the key firms in the market.
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 2021-2028
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. Development Of Prepreg
3.2. Key Drivers
3.2.1. Rising Utilization Of Prepreg In Aerospace & Defense
3.2.2. 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
4. Key Analytics
4.1. Impact Of Covid-19 On Prepreg Market
4.2. Key Market Trends
4.3. Porter's Five Forces Analysis
4.3.1. Buyers Power
4.3.2. Suppliers Power
4.3.3. Substitution
4.3.4. New Entrants
4.3.5. Industry Rivalry
4.4. Opportunity Matrix
4.5. Vendor Landscape
4.6. Value Chain Analysis
4.7. Technological Analysis
5. Market By Resin Type (In Terms Of Revenue: $ Million & In Terms Of Volume: Kilotons)
5.1. Thermoset
5.2. Thermoplastic
6. Market By Manufacturing Process (In Terms Of Revenue: $ Million & In Terms Of Volume: Kilotons)
6.1. Hot Melt
6.2. Solvent Dip
7. Market By Type (In Terms Of Revenue: $ 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 Revenue: $ 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 Sectors
9. Geographical Analysis (In Terms Of Revenue: $ Million & In Terms Of Volume: Kilotons)
9.1. North America
9.1.1. Market Size & Estimates
9.1.2. Key Growth Enablers
9.1.3. Key Challenges
9.1.4. Key Players
9.1.5. Country Analysis
9.1.5.1. United States
9.1.5.2. Canada
9.2. Europe
9.2.1. Market Size & Estimates
9.2.2. Key Growth Enablers
9.2.3. Key Challenges
9.2.4. Key Players
9.2.5. Country Analysis
9.2.5.1. United Kingdom
9.2.5.2. Germany
9.2.5.3. France
9.2.5.4. Italy
9.2.5.5. Russia
9.2.5.6. Belgium
9.2.5.7. Poland
9.2.5.8. Rest Of Europe
9.3. Asia-Pacific
9.3.1. Market Size & Estimates
9.3.2. Key Growth Enablers
9.3.3. Key Challenges
9.3.4. Key Players
9.3.5. Country Analysis
9.3.5.1. China
9.3.5.2. Japan
9.3.5.3. India
9.3.5.4. South Korea
9.3.5.5. Indonesia
9.3.5.6. Thailand
9.3.5.7. Vietnam
9.3.5.8. Australia & New Zealand
9.3.5.9. Rest Of Asia Pacific
9.4. Rest Of World
9.4.1. Market Size & Estimates
9.4.2. Key Growth Enablers
9.4.3. Key Challenges
9.4.4. Key Players
9.4.5. Regional Analysis
9.4.5.1. Latin America
9.4.5.2. Middle East & Africa
10. Competitive Landscape
10.1. Key Strategic Developments
10.1.1. Mergers & Acquisitions
10.1.2. Product Launches & Developments
10.1.3. Partnerships & Agreements
10.1.4. Business Expansions & Divestitures
10.2. Company Profiles
10.2.1. Axiom Materials Inc
10.2.2. Celanese Corporation
10.2.3. Cytec Solvay Group (Parent Company: Solvay Group)
10.2.4. Gurit Holding Ag
10.2.5. Hexcel Corporation
10.2.6. Mitsubishi Rayon Co Ltd (Mitsubishi Chemical Corporation)
10.2.7. Park Aerospace Corporation (Formerly Park Electrochemical)
10.2.8. Renegade Materials Corporation
10.2.9. Royal Ten Cate Nv
10.2.10. Sgl Carbon Se
10.2.11. Teijin Limited
10.2.12. Toray Industries Inc
10.2.13. Unicarbon
10.2.14. Ventec Group
10.2.15. Zyvex Technologies
List Of Tables
Table 1: Market Snapshot - Prepreg
Table 2: Global Prepreg Market, By Resin Type, Historical Years, 2016-2020 (In Kilotons)
Table 3: Global Prepreg Market, By Resin Type, Forecast Years, 2021-2028 (In Kilotons)
Table 4: Global Prepreg Market, By Resin Type, Historical Years, 2016-2020 (In $ Million)
Table 5: Global Prepreg Market, By Resin Type, Forecast Years, 2021-2028 (In $ Million)
Table 6: Global Thermoset Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 7: Global Thermoset Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 8: Global Thermoplastic Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 9: Global Thermoplastic Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 10: Global Prepreg Market, By Manufacturing Process, Historical Years, 2016-2020 (In Kilotons)
Table 11: Global Prepreg Market, By Manufacturing Process, Forecast Years, 2021-2028 (In Kilotons)
Table 12: Global Prepreg Market, By Manufacturing Process, Historical Years, 2016-2020 (In $ Million)
Table 13: Global Prepreg Market, By Manufacturing Process, Forecast Years, 2021-2028 (In $ Million)
Table 14: Global Hot Melt Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 15: Global Hot Melt Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 16: Global Solvent Dip Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 17: Global Solvent Dip Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 18: Global Prepreg Market, By Type, Historical Years, 2016-2020 (In Kilotons)
Table 19: Global Prepreg Market, By Type, Forecast Years, 2021-2028 (In Kilotons)
Table 20: Global Prepreg Market, By Type, Historical Years, 2016-2020 (In $ Million)
Table 21: Global Prepreg Market, By Type, Forecast Years, 2021-2028 (In $ Million)
Table 22: Global Carbon Fiber Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 23: Global Carbon Fiber Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 24: Global Glass Fiber Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 25: Global Glass Fiber Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 26: Global Aramid Fiber Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 27: Global Aramid Fiber Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 28: Global Prepreg Market, By End-User, Historical Years, 2016-2020 (In Kilotons)
Table 29: Global Prepreg Market, By End-User, Forecast Years, 2021-2028 (In Kilotons)
Table 30: Global Prepreg Market, By End-User, Historical Years, 2016-2020 (In $ Million)
Table 31: Global Prepreg Market, By End-User, Forecast Years, 2021-2028 (In $ Million)
Table 32: Global Aerospace & Defense Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 33: Global Aerospace & Defense Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 34: Global Wind Energy Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 35: Global Wind Energy Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 36: Global Automotive Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 37: Global Automotive Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 38: Global Sporting Goods Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 39: Global Sporting Goods Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 40: Global Pcb & Other Sectors Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 41: Global Pcb & Other Sectors Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 42: Global Prepreg Market, By Geography, Historical Years, 2016-2020 (In Kilotons)
Table 43: Global Prepreg Market, By Geography, Forecast Years, 2021-2028 (In Kilotons)
Table 44: Global Prepreg Market, By Geography, Historical Years, 2016-2020 (In $ Million)
Table 45: Global Prepreg Market, By Geography, Forecast Years, 2021-2028 (In $ Million)
Table 46: North America Prepreg Market, By Country, Historical Years, 2016-2020 (In Kilotons)
Table 47: North America Prepreg Market, By Country, Forecast Years, 2021-2028 (In Kilotons)
Table 48: North America Prepreg Market, By Country, Historical Years, 2016-2020 (In $ Million)
Table 49: North America Prepreg Market, By Country, Forecast Years, 2021-2028 (In $ Million)
Table 50: Leading Players Operating In North America Prepreg Market
Table 51: Europe Prepreg Market, By Country, Historical Years, 2016-2020 (In Kilotons)
Table 52: Europe Prepreg Market, By Country, Forecast Years, 2021-2028 (In Kilotons)
Table 53: Europe Prepreg Market, By Country, Historical Years, 2016-2020 (In $ Million)
Table 54: Europe Prepreg Market, By Country, Forecast Years, 2021-2028 (In $ Million)
Table 55: Leading Players Operating In Europe Prepreg Market
Table 56: Asia-Pacific Prepreg Market, By Country, Historical Years, 2016-2020 (In Kilotons)
Table 57: Asia-Pacific Prepreg Market, By Country, Forecast Years, 2021-2028 (In Kilotons)
Table 58: Asia-Pacific Prepreg Market, By Country, Historical Years, 2016-2020 (In $ Million)
Table 59: Asia Pacific Prepreg Market, By Country, Forecast Years, 2021-2028 (In $ Million)
Table 60: Leading Players Operating In Asia-Pacific Prepreg Market
Table 61: Rest Of World Prepreg Market, By Region, Historical Years, 2016-2020 (In Kilotons)
Table 62: Rest Of World Prepreg Market, By Region, Forecast Years, 2021-2028 (In Kilotons)
Table 63: Rest Of World Prepreg Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 64: Rest Of World Prepreg Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 65: Leading Players Operating In Rest Of World Prepreg Market
Table 66: List Of Mergers & Acquisitions
Table 67: List Of Product Launches & Developments
Table 68: List Of Partnerships & Agreements
Table 69: List Of Business Expansions & Divestitures
List Of Figures
Figure 1: Timeline Of Prepreg
Figure 2: Key Market Trends
Figure 3: Porter's Five Forces 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 2020
Figure 8: Global Prepreg Market, By Thermoset, 2021-2028 (In $ Million)
Figure 9: Global Prepreg Market, By Thermoplastic, 2021-2028 (In $ Million)
Figure 10: Global Prepreg Market, Growth Potential, By Manufacturing Process, In 2020
Figure 11: Global Prepreg Market, By Hot Melt, 2021-2028 (In $ Million)
Figure 12: Global Prepreg Market, By Solvent Dip, 2021-2028 (In $ Million)
Figure 13: Global Prepreg Market, Growth Potential, By Type, In 2020
Figure 14: Global Prepreg Market, By Carbon Fiber, 2021-2028 (In $ Million)
Figure 15: Global Prepreg Market, By Glass Fiber, 2021-2028 (In $ Million)
Figure 16: Global Prepreg Market, By Aramid Fiber, 2021-2028 (In $ Million)
Figure 17: Global Prepreg Market, Growth Potential, By End-User, In 2020
Figure 18: Global Prepreg Market, By Aerospace & Defense, 2021-2028 (In $ Million)
Figure 19: Global Prepreg Market, By Wind Energy, 2021-2028 (In $ Million)
Figure 20: Global Prepreg Market, By Automotive, 2021-2028 (In $ Million)
Figure 21: Global Prepreg Market, By Sporting Goods, 2021-2028 (In $ Million)
Figure 22: Global Prepreg Market, By Pcb & Other Sectors, 2021-2028 (In $ Million)
Figure 23: North America Prepreg Market, Regional Outlook, 2020 & 2028 (In %)
Figure 24: United States Prepreg Market, 2021-2028 (In $ Million)
Figure 25: Canada Prepreg Market, 2021-2028 (In $ Million)
Figure 26: Europe Prepreg Market, Regional Outlook, 2020 & 2028 (In %)
Figure 27: United Kingdom Prepreg Market, 2021-2028 (In $ Million)
Figure 28: Germany Prepreg Market, 2021-2028 (In $ Million)
Figure 29: France Prepreg Market, 2021-2028 (In $ Million)
Figure 30: Italy Prepreg Market, 2021-2028 (In $ Million)
Figure 31: Russia Prepreg Market, 2021-2028 (In $ Million)
Figure 32: Belgium Prepreg Market, 2021-2028 (In $ Million)
Figure 33: Poland Prepreg Market, 2021-2028 (In $ Million)
Figure 34: Rest Of Europe Prepreg Market, 2021-2028 (In $ Million)
Figure 35: Asia-Pacific Prepreg Market, Regional Outlook, 2020 & 2028 (In %)
Figure 36: China Prepreg Market, 2021-2028 (In $ Million)
Figure 37: Japan Prepreg Market, 2021-2028 (In $ Million)
Figure 38: India Prepreg Market, 2021-2028 (In $ Million)
Figure 39: South Korea Prepreg Market, 2021-2028 (In $ Million)
Figure 40: Indonesia Prepreg Market, 2021-2028 (In $ Million)
Figure 41: Thailand Prepreg Market, 2021-2028 (In $ Million)
Figure 42: Vietnam Prepreg Market, 2021-2028 (In $ Million)
Figure 43: Australia & New Zealand Prepreg Market, 2021-2028 (In $ Million)
Figure 44: Rest Of Asia Pacific Prepreg Market, 2021-2028 (In $ Million
Figure 45: Rest Of World Prepreg Market, Regional Outlook, 2020 & 2028 (In %)
Figure 46: Latin America Prepreg Market, 2021-2028 (In $ Million)
Figure 47: Middle East & Africa Prepreg Market, 2021-2028 (In $ Million)
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