Carbon Fiber Prepreg Market Opportunities, Size, Share, Key Players, and Regional Forecast to 2025 | Major Leading Key Players are SGL Group, Gurit Holdings, Park Electrochemical Corporation, Toray Industries, Royal TenCate, Hexcel Corporation, Solvay, Mi
Precision Business Insights (PBI) in its report titled “Global Carbon Fiber Prepreg Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period from 2019 to 2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.
The Global Carbon Fiber Prepreg market was valued at US$ XX Mn in 2018 and projected to reach US$ XX Mn by 2025. The carbon fiber prepreg market is growing due to its increasing demand from aerospace & defense, automotive, and wind energy industries. Boeing and Airbus have ramped up the production of commercial aircraft to cater to the rising airline passenger traffic. The increasing use of carbon fibers in electric cars and rising aircraft production are the major drivers of the market. Growth in the renewable energy market, particularly wind energy, is another factor driving the demand for carbon fiber prepregs. Frequent power cuts, blackouts, voltage fluctuation and load shedding have led to increased demand for wind power in residential buildings and this in turn, is likely to fuel the growth of the carbon fiber prepreg market. Supportive government policies in the form of tax benefits and subsidies can further add to the growth of the wind energy market. High manufacturing and processing cost is seen as a major restraint for the carbon fiber prepreg market. Recycling of carbon fiber prepregs is expensive and this can prove to be another factor responsible for hampering the growth of this market.
Global carbon fiber prepreg market segmented on the basis of resin type, manufacturing process, and end users.
Avail Sample Report of the Market @ https://precisionbusinessinsights.com/request-sample?product_id=27870
Epoxy Resins Expected to Dominate the Global Carbon Fiber Prepreg Market
Based on resin type, carbon fiber prepreg market is segmented into epoxy, phenolic, thermoplastic. Epoxy resins dominate the overall carbon fiber prepreg market as they are widely applicable in aerospace & defense, automotive, sports & recreation, wind energy, and other industries. Epoxy resin with carbon fiber reinforcement is primarily used in aerospace & defense and automotive industries. It also has a faster curing time compared to other thermoset resins, which makes it the preferred choice among automakers. The processing cost of epoxy resins is high for various end-use applications; which makes them very expensive. However, due to their rigid inter-linking molecular structure, inert chemical composition, and resistance to UV and chemical attack, epoxy resins are very durable.
North America Leads the Global Carbon Fiber Prepreg Market
Precision Business Insights (PBI) global carbon fiber prepreg market report analyses the market in different regions of North America, Europe, Latin America, Asia Pacific, and Middle East Africa. According to regional analysis, APEJ is expected to be the fastest growing carbon fiber prepreg market owing to rapid industrialization and aggressive expansion of the manufacturing sector. North America is anticipated to dominate the carbon fiber prepreg market during the forecast period. This high growth is attributed to the growing demand from aerospace & defense and automotive industries. Europe is the other prominent market in terms of rising demand for carbon fiber prepreg. The steady growth in German automobile industry is the major driving factor in this region. Middle East, Latin America and Africa are expected to expand at a relatively lower CAGR over the forecast period.
Scintillating Market Strategy Play Vital Role in Global Carbon Fiber Prepreg Market
The company possesses extensive product portfolio pertaining to carbon fiber prepregs. It gives immense emphasis on the development of high-grade carbon fiber prepregs for usage in various end-use industries. As a part of its growth strategy, the company is highly focused on expansions and agreements. For instance, in November 2017, the company entered into an agreement with Strata (UAE), an advanced composite aero structures manufacturing facility, for the supply of aerospace materials for the Boeing 777X aircraft.
For More Information @ https://precisionbusinessinsights.com/market-reports/global-carbon-fiber-prepreg-market/
Major Key Players dominating the Market are:
Key player’s profiles in the report are SGL Group (Wiesbaden, Germany), Gurit Holdings AG (Wattwil, Switzerland), Park Electrochemical Corporation (Melville, U.S.), Toray Industries (Tokyo, Japan), Teijin Limited (Osaka, Japan), Royal TenCate N.V. (Almeo, The Netherlands), Hexcel Corporation (Connecticut, US), Solvay (Brussels, Belgium), Mitsubishi Rayon Co. Ltd. (Tokyo, Japan), Axiom Materials (California, US).
By Resin Type
By Manufacturing Process Type
o Hot Melt
o Solvent Dip
By End User Type
o Aerospace & Defense
o Wind Energy
o Sports & Leisure
o North America
Rest of Europe
Rest of Asia Pacific
o Latin America
Rest of Latin America
o Middle East and Africa
Gulf Corporation Council Counties (GCC)
Rest of MEA
Key Features of the Report:
1. The report provides granular level information about the market size, regional market share, historic market (2014-2018) and forecast (2019-2025)
2. The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
3. The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
4. The report tracks recent innovations, key developments and startup’s details that are actively working in the market
5. The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
6. The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Request Customization @ https://precisionbusinessinsights.com/request-customisation?product_id=27870
Precision Business Insights is one of the leading market research and management consulting firm, run by a group of seasoned and highly dynamic market research professionals with a strong zeal to offer high-quality insights.
Senior Business Development Executive
Email @ firstname.lastname@example.org
Call @ +1-866-598-1553
Precision Business Insights
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Carbon Fiber Prepreg Market Opportunities, Size, Share, Key Players, and Regional Forecast to 2025 | Major Leading Key Players are SGL Group, Gurit Holdings, Park Electrochemical Corporation, Toray Industries, Royal TenCate, Hexcel Corporation, Solvay, Mi here
News-ID: 1675929 • Views: 1277
More Releases from Precision Business Insights
Clinical Trials Market Share, Trends, Competitor Analysis and Forecast to 2019-2 …
Analyst Speak: “The Global Clinical Trials Market is expected to reach US$ 69.1 Bn by 2025 due to growing occurrences of life threatening diseases and technological advancements in the field of drug discovery” The global clinical trials market is expected to reach US$ 69.1 Bn by 2025. Clinical trials are experiments or observations done in clinical research to generate data on safety and efficacy. Clinical trials are done on vaccines, drugs,
Diabetes Care Devices Market is Expected to Reach US$ 24,368.4 Mn by 2025
Analyst Speak: “The Diabetes Care Devices Market is increasing at significant CAGR over the forecast period 2019-2025 and expected to reach US$ 24,368.4 Mn by 2025, due to rise in prevalence of diabetes in various countries around the world”. Precision Business Insights (PBI) in its report titled “Diabetes Care Devices Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period
Global Insulation Coatings Market Growth, Trends, Analysis, Segmentation, Foreca …
Precision Business Insights (PBI) in its report titled “Global Insulation Coating Material Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period from 2019 to 2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Global Insulation Coating Material Market
Global Road Marking Materials Market Size, Trends, Growth, Opportunities and Wor …
Global Road Marking Materials Market Size: The Global Road Marking Materials Market was valued around US$ XX Mn by 2018 and growing at a significant CAGR over next seven years 2019-2025 due to increased spending on safer roads. The global Road Marking Materials market accounted for US$ XX Mn in 2018 and burgeoning over the forthcoming years. Some of the key factors fueling the market growth include increase in spending for road
More Releases for Carbon
Global Carbon Carbon Composite Material Market Analysis 2025 | OptMed, SGL Carbo …
ResearchMoz presents professional and in-depth study of "Global Carbon Carbon Composite Material Market Insights, Forecast to 2025" This report researches the worldwide Carbon Carbon Composite Material market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. This study categorizes the global Carbon Carbon Composite Material breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth
Global Vitreous Carbon Market 2018 - Tokai Carbon, SPI, Mersen, Neyco
Apex Market Reports, recently published a detailed market research study focused on the “Vitreous Carbon Market” across the global, regional and country level. The report provides 360° analysis of “Vitreous Carbon Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Vitreous Carbon on
Global Carbon Fiber Market 2018 - Cytec Industries, Zoltek, SGL Carbon, Carbon F …
The Global Carbon Fiber Industry 2018 Market Research Report is a professional and in-depth study on the current state of the Carbon Fiber industry. Firstly, Carbon Fiber Market report provides a basic overview of the Carbon Fiber industry including definitions, classifications, applications and Carbon Fiber industry chain structure. Global Carbon Fiber Market analysis is provided for the international market including development history, Carbon Fiber industry competitive landscape analysis, and major regions
Oriental Carbon & Chemicals Ltd
Oriental Carbon & Chemicals Ltd- Company Profile & Financial Analysis" contains in depth information and data about the company and its operations. You will find information on the business structure, areas of operation, products and services offered by the company. It also comprises SWOT analysis, key ratios, historical financial data and insider’s view on financial stability and industrial ranking with financial forecasts for two- year period. This report is a decisive
Automotive Carbon Ceramic Brakes
The Insight Partners added “Automotive Carbon Ceramic Brakes Market to 2025 - Global Analysis and Forecasts by Vehicle Type, and Sales Channel” to its research database. The report is spread across 150 pages and supported by 10 company leaders. Carbon ceramic brakes possess braking system component made of ceramic material. Although, ceramic brakes are around for a long time now and are widely deployed in aircraft and railways. These are uncommonly
Oriental Carbon & Chemicals Ltd
Oriental Carbon & Chemicals Ltd Oriental Carbon & Chemicals Ltd- Company Profile & Financial Analysis" contains in depth information and data about the company and its operations. You will find information on the business structure, areas of operation, products and services offered by the company. It also comprises SWOT analysis, key ratios, historical financial data and insider’s view on financial stability and industrial ranking with financial forecasts for two- year period. This