Carbon Fiber Prepreg Market Forecasting Opportunities 2018 With Top Players Like Cytec Solvay Group, Hexcel Corporation, TenCate, Teijin, Gurit, SGL Carbon, Holding Company Composite, Park Aerospace Technologies Corp.

Carbon Fiber Prepreg market is having several developments, product launches, joint ventures, merges and accusations by its key market players and top brands which is driving the market and hence the Chemical and Materials industry during the forecast period of 2018 to 2025. This report will give you an edge to not just compete but to outmatch the competition. The report will provide you with CAGR fluctuation during the forecast period for the Carbon Fiber Prepreg market. This report also contains SWOT analysis for the Carbon Fiber Prepreg market which will tell you the drivers and restrains for the market while also explaining what definition, classifications, applications, engagements and market trends are.

The global carbon fiber prepreg market is fragmented with the presence of a large number of players across different regions. The Carbon Fiber Prepreg Market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. 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. 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.


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Carbon fiber prepreg has a high strength-to-weight ratio, high resistance to corrosion, fatigue, and fire. It is created by pre-impregnating fibers, including glass, carbon, and aramid, onto a matrix material. There is a growing demand for carbon fiber prepreg in aerospace & defense, automotive, sports & leisure and wind energy sectors which is expected to be one of the major drivers of the market over the next seven years.


Major Market Competitors: Global Carbon Fiber Prepreg Market
Some of the major players in carbon fiber prepreg market include

· 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,

Others: Kineco Pvt. Ltd., Unicarbon, Zyvex Technologies, TCR Composites, PRF Composite Materials, Triple H Composites, GMS Composites, Dexcraft H.C., Cedar Composites and many more.


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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.


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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