According to a new market report published by Lucintel, the future of the prepreg market looks promising with opportunities in the commercial aerospace, military/defense, general aviation, space/satellite, sporting goods, marine, wind energy, automotive, and civil engineering. The global prepreg market is expected to reach an estimated $5.4 billion by 2027 with a CAGR of 8.4% from 2021 to 2027. The major drivers for this market are growing demand for high performance composite materials and the replacement of metals with composites in different end use industries.
Browse 96 market data tables and 138 figures spread through 180 pages and in-depth TOC on “Global Prepreg Market"
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In this market, different types of prepreg such as thermoset prepreg and thermoplastic prepreg are used as type of prepreg. Lucintel forecasts that thermoset prepreg will remain the largest market during the forecast period due to its wide usage in aerospace/defense, wind energy and automotive end use industries. Thermoplastic is expected to be the highest growing over the forecast period
Within the global prepreg market, commercial aerospace will remain the largest end use industry by value and volume and it is expected to witness highest growth over the forecast period due to increasing demand for lightweight materials in new aircraft programs, such as Boeing 787 and Airbus A350.
North America will remain the largest region by value and volume due to increasing residential construction and government regulations for energy efficiency. Europe is expected to witness the highest growth over the forecast period.
Emerging trends, which have a direct impact on the dynamics of the prepreg industry, includes continuous innovation and improvements in existing products to intensify penetration level and close collaboration between industry players to serve their unique needs and find new application areas. Hexcel, Cytec Solvay, Gurit, Toray, and SGL are among the major prepreg manufacturers
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global prepreg market by end use, weave type, manufacturing technology, prepreg type, reinforcement, resin, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Prepreg Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global prepreg market by end use, weave type, manufacturing technology, prepreg type, reinforcement, resin, and region as follows:
By End Use [Value ($B) and Volume (M lbs) shipment analysis for 2016 – 2027]:
•Commercial Aerospace
•Military/Defense
•General Aviation
•Space/Satellite
•Sporting Goods
•Marine
•Wind Energy
•Automotive
•Civil Engineering
•Others
By Weave Type [Value ($B) shipment analysis for 2016 – 2027]:
•Fabric Prepreg
•Unidirectional Prepreg
By Manufacturing Technology [Volume (M lbs) shipment analysis for 2016 – 2027]:
•Solvent dip
•Hot melt
By Type of Prepreg [Value ($B) and Volume (M lbs) shipment analysis for 2016 – 2027]:
•Thermoset Prepreg
•Thermoplastic Prepreg
By Reinforcement Type [Value ($B) and Volume (M lbs) shipment analysis for 2016 – 2027]:
•Carbon fiber
•Glass fiber
•Aramid fiber
By Resin Type [Value ($B) and Volume (M lbs) shipment analysis for 2016 – 2027]:
•Epoxy Prepreg
•BMI Prepreg
•Phenolic Prepreg
•Cynate Ester
•Thermoplastics Prepreg
By Region [Value ($B) shipment analysis for 2016 – 2027]:
•North America
•Europe
•Asia Pacific
•The Rest of the World
This 240-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link or write us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high growth opportunities for the global prepreg market by end use (commercial aerospace, military/defense, general aviation, space/satellite, sporting goods, marine, wind energy, automotive, civil engineering, and others), weave type (fabric prepreg, unidirectional prepreg), manufacturing technology (hot melt and solvent dip), by prepreg type (thermoset prepreg and thermoplastic prepreg), by reinforcement type (carbon fiber, glass fiber, and aramid fiber), resin type (epoxy prepreg, BMI prepreg, phenolic prepreg, cynate ester prepreg, and thermoplastics prepreg), By and by region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?