Global Carbon Fiber Prepreg Market, By Resin Type (Epoxy, Phenolic, Bismaleimide, Cyanate Ester, Thermoplastic), Manufacturing Process (Hot Melt, Solvent Dip), Application (Aerospace and Defense, Automotive, Sports and Leisure, Wind), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Carbon Fiber Prepreg Market
The carbon fiber prepreg market is expected to be growing at a growth rate of 5.10% in the forecast period of 2021 to 2028. The carbon fiber prepreg market report analyses the growth, which is currently being growing due to the rising scope of its application in wood-working industry.
Carbon fiber prepregs are made from carbon fibers with thermoset resins such as epoxy, phenols and thermoplastic resins such as PEEK. Prepreg has high strength-to-weight ratio, high resilience to corrosion and fatigue and fire resistance thus, suitable for commercial and industrial functions. Carbon fiber prepreg is formed by pre-impregnating fibers, particularly in glass, carbon and aramid onto a matrix material. Carbon fiber prepreg is lightweight and offer resilience to moisture, chemicals and corrosion.
The growing item demand from the automotive, aerospace and defense, wind energy, and sporting goods business because of its high strength to weight. The carbon fiber prepreg market is chiefly anticipated to boost by the growing demand for fuel effective vehicles. Moreover, there is a rising demand for carbon fiber prepregs from several functions for example aerospace and defense. The light weight and excellent strength of carbon fiber prepregs draws in manufacturers, retailers, and consumers, and therefore have become the main factors anticipated to propel the expansion of the carbon fiber prep market. Furthermore, growing usage of carbon fiber prepregs for the manufacture of sports goods, such as tennis rackets, bicycles, fishing rods, and golf shafts is further propelling the expansion of the market. However, high processing and manufacturing costs of carbon fiber prepregs, along with issues related to their recyclability, are major factors that are expected to restrain the expansion of the carbon fiber prepreg market.
This carbon fiber prepreg market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on carbon fiber prepreg market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Carbon Fiber Prepreg Market Scope and Market Size
The carbon fiber prepreg market is segmented on the basis of resin type, manufacturing process and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on the resin type, the carbon fiber prepreg market is segmented into epoxy, phenolic, bismaleimide, cyanate ester, thermoplastic.
- Based on the manufacturing process, the carbon fiber prepreg market is segmented into hot melt, solvent dip
- Based on the application, the carbon fiber prepreg market is segmented into aerospace and defense, automotive, sports and leisure, wind.
Carbon Fiber Prepreg Market Country Level Analysis
The carbon fiber prepreg market is analysed and market size, volume information is provided by country, resin type, manufacturing process and application as referenced above.
The countries covered in the carbon fiber prepreg market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the carbon fiber prepreg market because of the increasing need for materials with exceptional strength, lightweight, and chemical and corrosion resilient features. Due to the importance of large aircraft manufacturers, electric car manufacturers, and offshore wind farm installations are the factors anticipated to propel the growth of the carbon fiber prepreg market in the region. Asia Pacific is expected to observe significant amount of growth in the carbon fiber prepreg market in the emerging economies. Meanwhile the aerospace and defense sector accounts for the major share of the regional market.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Carbon Fiber Prepreg Market Share Analysis
The carbon fiber prepreg market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to adhesive resin market.
The major players covered in the carbon fiber prepreg market report are SGL Carbon; Solvay; Hexcel Corporation; Axiom Materials, Inc.; Koninklijke Ten Cate bv.; TEIJIN LIMITED.; Gurit; Mitsubishi Chemical Corporation; Airtech Advanced Materials Group; TORAY INDUSTRIES, INC.; PARK ELECTROCHEMICAL CORP.; TCR Composites; HANKUK CARBON CO.,LTD.; KINECO - KAMAN; Barrday, Inc.; TAIWAN FIRST LI-BOND Co., LTD.; Holding company "Composite"; GMS COMPOSITES; ABC Composite Materials LLC; North Thin Ply Technology and Plastic Reinforcement Fabrics Ltd; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.