Jun 12, 2020   SOURCE: BusinessWire

Global Prepreg Market (2020 to 2027) - Size, Share & Trends Analysis Report - ResearchAndMarkets.com

The "Prepreg Market Size, Share & Trends Analysis Report by Manufacturing Process (Hot-melt, Solvent Dip), by Resin (Thermoset, Thermoplastic), by Fiber (Carbon, Glass), by Application and Segment Forecasts, 2020 - 2027" report has been added to ResearchAndMarkets.com's offering.

The global prepreg market size is expected to reach USD 20.7 billion by 2027 registering a CAGR of 10.6%.

Benefits of prepreg products, such as cost-effectiveness and low maintenance requirement, are further anticipated to fuel their demand across various sectors. Some of the key application industries include aerospace & defense, automotive, wind energy, and sporting goods.

This is projected to propel the market growth. High demand for lightweight parts from the automotive industry is projected to boost the market growth. Rising fuel prices have augmented the demand for fuel-efficient vehicles, which has prompted a reduction in automotive weight.

Carbon fiber-based prepreg is widely utilized as a substitute to conventional heavier materials on account of its higher strength to weight ratio. Thus, the rising use of prepreg in the automotive industry is anticipated to benefit the market growth. Rising demand for high-strength, lightweight aircraft parts are also projected to propel the market growth.

Prepreg Market Report Highlights

  • Carbon fiber accounted for the largest market share of 84.6% in 2019 owing to its superior strength and wide usage as a lightweight material across industries including automotive and aerospace & defense
  • Thermoset resins led the market in 2019 and is estimated to retain its leading position over the forecast period due to their superior properties, such as excellent resistance to corrosives, heat, and high temperature, excellent adhesion, high strength, and elasticity
  • The hot-melt manufacturing process is projected to register the fastest CAGR of 10.7% from 2020 to 2027 owing to its benefits, such as easy handling, control over resin content, and excellent product quality
  • The aerospace & defense is projected to be the largest application segment by 2027 on account of rising utilization of prepreg in aerospace equipment for enhanced fuel efficiency
  • North America is estimated to account for the second largest market share by 2027 owing to the increased penetration of prepreg in aerostructure and automotive applications
  • Key companies focus on collaborations and joint ventures with the existing manufacturers

Key Topics Covered:

1. Methodology and Scope

2. Executive Summary

3. Prepreg Market Variables, Trends, & Scope

3.1. Market Lineage Outlook

3.2. Industry Value Chain Analysis

3.3. Regulatory Framework

3.4. Technology Overview

3.5. Market Dynamics

3.6. Business Environment Analysis: Prepreg Market

4. Prepreg Market: Analysis for the Turkish Market

4.1. Cost Model Analysis

4.1.1. Manufacturing Cost Analysis

4.1.1.1. Direct material cost

4.1.1.2. Direct Labor Cost

4.1.1.3. Factory Overhead

4.1.1.4. Other Costs Analysis

4.1.2. Logistics & Transportation Cost Analysis

4.2. Key prepreg manufacturers in Turkey

4.3. Prepreg Pricing Analysis

5. Prepreg Market: Fiber Estimates & Trend Analysis

5.1. Definitions & Scope

5.2. Fiber Movement Analysis & Market Share, 2019 & 2027

5.3. Global Prepreg Market, by Fiber, 2016 to 2027

5.4. Carbon

5.5. Glass

5.6. Aramid

6. Prepreg Market: Resin Estimates & Trend Analysis

6.1. Definitions & Scope

6.2. Resin Movement Analysis & Market Share, 2019 & 2027

6.3. Global Prepreg Market, by Resin, 2016 to 2027

6.4. Market Size & Forecasts and Trend Analyses, 2016 to 2027

7. Global Prepreg Market: Manufacturing Process Estimates & Trend Analysis

7.1. Definitions & Scope

7.2. Manufacturing Process Movement Analysis & Market Share, 2019 & 2027

7.3. Global Prepreg Market, by Manufacturing Process, 2016 to 2027

7.4. Market Size & Forecasts and Trend Analyses, 2016 to 2027

8. Prepreg Market: Application Estimates & Trend Analysis

8.1. Definitions & Scope

8.2. Application Movement Analysis & Market Share, 2019 & 2027

8.3. Global Prepreg Market, by Application, 2016 to 2027

8.4. Market Size & Forecasts and Trend Analyses, 2016 to 2027

8.5. Prepreg Market - Application Movement Analysis, 2018 & 2027

9. Prepreg Market: Regional Estimates & Trend Analysis

9.1. Regional Market Snapshot

9.2. Market Size, & Forecasts and Trend Analysis, 2016 to 2027

9.3. North America

9.4. Europe

9.5. Asia Pacific

9.6. Central & South America

9.7. Middle East & Africa

10. Prepreg Market - Competitive Analysis

10.1. Key Global Players & Recent Developments & Their Impact on the Industry

10.2. Key Company/Competition Categorization

10.3. Public Companies

10.3.1. Company market position analysis

10.3.2. Market Differentiators

10.4. Private Companies

10.4.1. List of key emerging companies/technology disruptors/innovators and their geographical presence

11. Company Profiles

11.1. Hexcel Corporation

11.2. Toray Industries, Inc.

11.3. Axiom Materials, Inc.

11.4. Park Aerospace Corp.

11.5. Teijin Limited

11.6. Mitsubishi Chemical Carbon Fiber and Composites, Inc.

11.7. SGL Carbon

11.8. Gurit

11.9. Rock West Composites

11.10. Plastic Reinforcement Fabrics Ltd. (PRF Composites)

11.11. Dexcraft

11.12. SHD Group

11.13. ZOLTEK Corporation

11.14. TCR Composites

For more information about this report visit https://www.researchandmarkets.com/r/4nlvcx