Press release
Tow Prepreg Market 2021 Insights and Outlook- TCR Composites, Fibrtec, Toray, Zoltek
The Global Tow Prepreg Market report provides a detailed analysis of the dynamic research on the current situation of the market size, share, demand, development patterns, and forecast in the coming years (2021-2025). The Tow Prepreg Market analyzes the strategy patterns and evaluates the market size. The market studies on the growth prospects, market development potential, profitability, supply and demand, and other important subjects. Also, the report evaluates the size of the market in terms of revenue for the forecast period.The tow prepreg market size is projected to grow from USD 305 million in 2019 to USD 492 million by 2024, at a CAGR of 10.0%.
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https://www.marketinsightsreports.com/reports/03112691882/global-tow-prepreg-market-research-report-2021/inquiry?Mode=48
Key players in the report: TCR Composites, Fibrtec, Toray, Zoltek, JXTG Nippon Oil & Energy, Hexcel, North Thin Ply Technology
Tow prepregs are composed of glass fiber filament, carbon, and duro plastic resin which acts as a binding material. The expanding applications of tow prepregs across diversified industrial bases along with growing demand for lightweight and cost-efficient materials drive the growth of the tow prepregs market. Rapid urbanization coupled with economic growth and significant investment in research and development activities are also expected to promote the demand for tow prepregs during the forecast period.
Recent Developments:
In August 2017, SGL Carbon SE entered into a collaboration with AMC (Automotive Management Consulting), to produce bicycle components (bicycle chain ring and handlebar stem/seat clamp) made using carbon fiber tow pregs. These components were manufactured using AMC’s proprietary technology, “xFK in 3D,” that uses continuous composite fibers and 3D winding to produce complex-shaped and lightweight structures.
In November 2015, Red Composites Ltd. manufactured a product using a pitch-based high modulus carbon fiber to cater to the demand from industries that requires towpreg with high modulus.
In March 2015, SGL Carbon introduced tow prepreg under the brand name, SIGRAPREG TowPregs. This product offers superior mechanical properties and permits uniform lay-up.
Product Segments of the Tow Prepreg Market on the basis of Types are:
Carbon Fiber
Epoxy
Application Segments of the Tow Prepreg Market on the basis of Application are:
Military Pressure Vessel
CNG/Hydrogen Pressure Vessel
Browse Full report with description and TOC:
https://www.marketinsightsreports.com/reports/03112691882/global-tow-prepreg-market-research-report-2021?Mode=48
Highlights of TOC:
Market Overview: It starts with product overview and scope of the global Tow Prepreg market and later gives consumption and production growth rate comparisons by application and product respectively. It also includes a glimpse of the regional study and Tow Prepreg market size analysis for the review period 2019-2025.
Company Profiles: Each company profiled in the report is assessed for its market growth keeping in view vital factors such as price, Tow Prepreg market gross margin, revenue, production, markets served, main business, product specifications, applications, and introduction, areas served, and production sites.
Manufacturing Cost Analysis: It includes industrial chain analysis, manufacturing process analysis, the proportion of manufacturing cost structure, and the analysis of key raw materials.
Market Dynamics: Readers are provided with a comprehensive analysis of Tow Prepreg market challenges, influence factors, drivers, opportunities, and trends.
Market Forecast: Here, the Tow Prepreg report provides consumption forecast by application, price, revenue, and production forecast by product, consumption forecast by region, production forecast by region, and production and revenue forecast.
Other Related Reports:
Global Carbon Fiber Tow Prepreg Market Research Report 2021
https://www.marketinsightsreports.com/reports/03222725768/global-carbon-fiber-tow-prepreg-market-research-report-2021?Mode=48
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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