Press release
Carbon Fiber Prepreg Market 2018: Record Ascending Growth Forecast 2024 With Dominated Players Like Cytec Solvay Group, Hexcel Corporation, Royal Tencate N.V., Teijin Limited, Toray Industries Inc., Gurit Holding AG And Others
Carbon Fiber Prepreg Market
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The Global Carbon Fiber Prepreg Market accounted for USD 4.35 billion in 2016 and is projected to grow at a CAGR of 11.3% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Global Carbon Fiber Prepreg Market, By Resin Type (Epoxy Resin, Phenolic Resin, BMI Resin, Cyanate Ester Resin, Thermoplastic Resin); By Manufacturing Process (Hot Melt Process, Solvent DIP Process) By End-user (Aerospace & Defense, Automotive, Sports & Leisure, Wind Energy) – Industry Trends and Forecast to 2024
Competitive Landscape: Global Carbon Fiber Prepreg Market
The global carbon fiber prepreg market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Competitors: Global Carbon Fiber Prepreg Market
• Cytec Solvay Group,
• Hexcel Corporation,
• Royal Tencate N.V.,
• Teijin Limited,
• Toray Industries Inc.,
• Gurit Holding AG,
• SGL Group,
• Axiom Materials,
• Mitsubishi Rayon Co. Ltd.,
• Park Electrochemical Corporation,
• HC Composite,
• Kineco Pvt. Ltd.,
• Unicarbon,
• Zyvex Technologies,
• TCR Composites,
• PRF Composite Materials,
• Triple H Composites,
• GMS Composites,
• Dexcraft H.C.,
• Cedar Composites
• And many more.
Major Market Drivers:
• Rising use of prepregs by major aircraft manufacturers
• Rising demand from the wind energy
• Increasing demand for lightweight materials from the automotive sector
Market Restraint:
• High production & processing costs
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Market Segmentation: Global Carbon Fiber Prepreg Market
• The carbon fiber prepreg market is segmented on the basis of resin type into epoxy resin, phenolic resin, BMI resin, cyanate ester resin, thermoplastic resin, and other resins.
• On the basis of manufacturing process, the market is segmented hot melt process and solvent dip process.
• On the basis of end-user, the market is segmented into aerospace & defense, automotive, sports & leisure, wind energy and others.
• On the basis of geography, the carbon fiber prepreg market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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