May 21, 2020   SOURCE: BusinessWire

Global Carbon Fiber Prepreg Market: COVID-19, Trends, Analysis and Outlook (2020-2028) - ResearchAndMarkets.com

The "Global Carbon Fiber Prepreg Market Size Forecast to 2028- Trends, Analysis and Outlook by Raw Material, Application, and Geography" report has been added to ResearchAndMarkets.com's offering.

Key insights from the Global Carbon Fiber Prepreg Market

  • The Global Carbon Fiber Prepreg market is valued at $8 billion in 2020
  • Thermoset based materials are the dominant types of Carbon Fiber Prepeg
  • Aerospace and Defense is the most dominant application for Carbon Fiber Prepeg
  • North America is the largest market for Carbon Fiber Prepeg

The $8 billion Carbon Fiber Prepreg industry presents strong investment and growth opportunities over the near to long term outlook period. The 2020 edition of the market report presents a comprehensive analysis of the global Carbon Fiber Prepreg market from 2020 to 2028. This research report presents detailed Carbon Fiber Prepreg market analysis, and forecasts to 2028. Detailed insights into global and regional Carbon Fiber Prepreg market statistics, Carbon Fiber Prepreg companies and growth prospects across verticals are included.

Carbon Fiber Prepreg Market Overview and Developments in 2020

The report presents a snapshot of recent market trends in the Carbon Fiber Prepreg industry. Further, potential market drivers, major challenges, opportunities, major developments, competitive strategies, Porter's five forces analysis, and other analysis are included in the research.

Impact of COVID-19 on Global Carbon Fiber Prepreg market revenue

The worldwide crisis of COVID-19 is leading to calls for action from a wide range of stakeholders including manufacturers, vendors, distributors, and consumers. Decline in business for at least three months during 2020 coupled with lower demand from a few major markets has put pressure on the profitability of Carbon Fiber Prepreg manufacturers and vendors. However, we expect the negative impact of COVID-19 on Carbon Fiber Prepreg to be compensated over the medium to long term future.

Carbon Fiber Prepreg Market Size and Outlook by Raw Material to 2028

This chapter presents an insight into different Carbon Fiber Prepreg types and their contribution to global market growth. The growth in global Carbon Fiber Prepreg market size is forecast to continue despite the economic challenges. The report forecasts the Carbon Fiber Prepreg market revenue across different raw materials, which include - Thermoset based, Thermoplastic based. Of these, Thermoset based dominates the global Carbon Fiber Prepreg market.

Carbon Fiber Prepreg Market Share and Outlook by End-User Industry to 2028

The research suggests that there is a strong case for the development of new applications of Carbon Fiber Prepreg worldwide. Different application segments analyzed in the report are Aerospace and Defense, Wind Energy, Automotive, Construction, Others. The study identifies that Aerospace and Defense application has the most substantial value-creation potential.

Global Carbon Fiber Prepreg Company Profiles

The report presents business profiles of major companies operating in the industry including Solvay Chemicals, Hexcel Corporation, SGL Carbon, Teijin Limited, Toray Industries.

The business overview, SWOT profile and product information are provided for all the companies.

The report identifies that the development of new applications and product portfolio is one of the key strategies to overcome identified challenges and for supporting continued growth. Manufacturing companies can also benefit from rising domestic demand in chemical end-use sectors. The majority of the companies are realigning their strategies to orient their business operations to changing market volatility, regulatory policy changes, geopolitical issues, changing end-user preferences, and others.

Scope of the Research

  • Global and regional Carbon Fiber Prepreg Market Size estimates in revenue terms from 2019 to 2028
  • Segmentation analysis across types, applications, and geographies
  • Strategic analysis through trends, drivers, challenges, opportunities, Porter's five forces analysis
  • Market Developments including M&A, new product development, and competitive analysis
  • Potential strategies of leading companies

For more information about this report visit https://www.researchandmarkets.com/r/t5dfm