Prepreg Market Forecast 2022-2030 with Growth Drivers, Regional Outlook

The global prepreg market size reached USD 6.94 Billion in 2021 and is expected to register a revenue CAGR of 10.7% during the forecast period. A substantial portion of the market revenue growth is being driven by increased demand for prepreg from a variety of end-use sectors, including aerospace & defence and the automotive sector.

Due to their low weight and high strength, composite materials like carbon fibre have supplanted metal in the construction of vehicles and aircraft. Additionally, the demand for manufacturing parts for aircraft interiors, engine blades and rotors, propellers, fin blades, seats, and tail planes (also known as a horizontal stabiliser) is greatly increased by the flexibility of casting or moulding into any shape. Another important element influencing the demand for prepreg and anticipated to promote future revenue growth of the market is lighter components' reduced operational expenses.

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Both commercial and military aeroplanes are produced using resin kinds include phenolic, fibre, and epoxy. In the military industry, prepreg is frequently utilised in the production of reinforcement fibre for ballistic purposes. The automobile sector is seeing a sharp rise in demand for superior cosmetic grade prepreg with high-quality lamination because to the properties of prepreg, such as its lightness, strength, and capacity to be moulded into complex shapes. Prepreg is also used in the manufacturing of pressure vessels, racing equipment, pressure vessels, commercial products, and interior parts for vehicles.

Emergen Research has published a novel research report titled, "Global Prepreg Market Forecast to 2028". The report sheds light on the current as well as upcoming market trends. The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Prepreg market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.

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Some major companies in the market report include Hexcel Corporation, Toray Industries, Inc., Park Aerospace Corp., Teijin Limited, Mitsubishi Chemical Carbon Fiber and Composites, Inc., SGL Carbon, Gurit, Rock West Composites, Inc., Plastic Reinforcement Fabrics Ltd., and ACP Composites, Inc.

Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.

Detailed Regional Analysis covers:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Emergen Research has segmented the global Prepreg market on the basis of resin, manufacturing process, fiber, end-use, and region:

Resin Outlook (Revenue, USD Billion, Volume (Kilo Tons); 2019-2030)

Thermoset

Thermoplastic

Manufacturing Process Outlook (Revenue, USD Billion, Volume (Kilo Tons); 2019-2030)

Hot-melt

Solvent dip

Fiber Outlook (Revenue, USD Billion, Volume (Kilo Tons); 2019-2030)

Glass

Carbon

Aramid

Others

End-Use Outlook (Revenue, USD Billion, Volume (Kilo Tons); 2019-2030)

Aerospace & defense

Automotive

Wind energy

Sporting goods

Others

Key Features of the Prepreg Market Report:

The report offers details about key drivers, restraints, opportunities, challenges, growth prospects, limitations, and threats

The report encompasses details about the key companies, product portfolio along with specifications, production valuation, and market shares

Evaluation of key current and emerging market trends and growth prospects

It also offers research-backed estimations for the forecast period of eight years, primarily to estimate the potential market growth

Brief overview of industry with regards to research and development, technological advancements, and product development

In-depth assessment of upstream raw materials, downstream buyers, demands, and current market scenario

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About Us:

At Emergen Research, we believe in advancing with technology. We are growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

At Emergen Research, we believe in advancing with technology.