Non-Woven Glass Fiber Prepreg Market 2021 Analysis by Global Manufacturers : Hexcel Corporation, Owens Corning, Solvay S.A, Gurit Holdings AG, and Saint-Gobain Adfors

Non-Woven Glass Fiber Prepreg Market Research Report provides detailed analysis of Growth Factors of the market as well as it gives analysis of the Market size, Latest trends, SWOT Analysis by Regions and Forecasted market research data until 2025. The Non-Woven Glass Fiber Prepreg market report has studied key opportunities in the market and influencing factor which is useful to the business. The report also maps the qualitative and quantitative impact of various market factors like macro-economic indicators, PPP, Epidemiological data, Insurance scenario and patent and IP information, Government Policies and business regulations along with market attractiveness as per segments.

The market for the non-woven glass fiber prepreg is expected to grow at a CAGR of approximately 7% globally during the forecast period.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Non-Woven Glass Fiber Prepreg Market: Hexcel Corporation, Owens Corning, Solvay S.A, Gurit Holdings AG, and Saint-Gobain Adfors, among others.

Non-Woven Glass Fiber Prepreg Market Overview:

- Increasing demand from the automobile sector and growing demand for lightweight and fire-resistant composites are driving the market growth.

- High cost of production and the outbreak of COVID-19 are the reasons expected to hinder the market growth.

Growing Demand from Automobile Sector

- Non-woven glass fiber prepreg is a strong composite material with excellent mechanical properties. The growing demand for light-weight automobiles has increased the usage of non-woven glass fiber prepreg in recent times.
- The properties of non-woven glass fiber prepreg include stiffness and strength, good thermal and corrosion resistance, electrical and chemical properties, and significant weight savings over metals.
- The demand for non-woven glass fiber prepreg has been increasing from sports goods, aircraft primary structures, load-carrying structures, and automobiles.
- Recently, most of the automobile manufacturers are shifting towards high-performance composites because of its advantages. Non-woven glass fiber prepregs can improve energy efficiency, reduce vehicle emissions, and increase safety at reduced program costs.
- The impact of the COVID-19 on all regions is expected to decrease the demand for non-woven glass fiber prepreg due to the lockdown of manufacturing industries.
- Increasing applications for high-performance composites, growing demand for lightweight vehicles, technological advancements in automobiles in developing regions are driving the demand for non-woven glass fiber prepreg through the years to come.

Asia-Pacific Region to Dominate the Market

- Asia-Pacific is expected to dominate the global market owing to the highly developed automobile sector in China, Korea, and Japan, coupled with the continuous investments done in the region to advance the wind energy, aerospace, and defense sectors through the years.
- Due to government regulations, all the developing and developed countries are looking forward to sustainable energy. So, the demand for wind energy has been rising. Non-woven glass fiber prepreg is being majorly used in wind energy (turbine blades) applications.
- In Asia-Pacific, the aerospace and defense sectors have been growing significantly in recent years. Asia-Pacific is one of the largest producers of aerospace components and a leading exporter of aerospace components and materials to other countries.
- According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), Asia-Pacific leads global automobile production in recent years and it alone occupies a 30% share globally.
- Recently, non-woven glass fiber prepreg is being used in electronics in printed circuit boards as these composites are more environmentally friendly and thermally resistant in nature.
- Increasing demand for higher efficiencies in automobiles, increasing aerospace sector and wind energy technologies in developing countries are expected to drive the market for non-woven glass fiber prepreg through the years to come.

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With tables and figures helping analyze Non-Woven Glass Fiber Prepreg Industry, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the industry.    

Geographically, the 120 pages report includes the research on production, consumption, revenue, market share and growth rate, and forecast (2015-2026) of the following regions:
United States
Europe (Germany, UK, France, Italy, Spain, Russia, Poland)
China
Japan
India
Southeast Asia (Malaysia, Singapore, Philippines, Indonesia, Thailand, Vietnam)
Central and South America (Brazil, Mexico, Colombia)
Middle East and Africa (Saudi Arabia, United Arab Emirates, Turkey, Egypt, South Africa, Nigeria)

Influence Of The Non-Woven Glass Fiber Prepreg Market Report:

-Comprehensive assessment of all opportunities and risk in the Non-Woven Glass Fiber Prepreg market.

- Non-Woven Glass Fiber Prepreg market recent innovations and major events.

-A detailed study of business strategies for growth of the Non-Woven Glass Fiber Prepreg market-leading players.

-Conclusive study about the growth plot of Non-Woven Glass Fiber Prepreg market for forthcoming years.

-In-depth understanding of Non-Woven Glass Fiber Prepreg market-particular drivers, constraints and major micro markets.

-Favorable impression inside vital technological and market latest trends striking the Non-Woven Glass Fiber Prepreg market.

Key Points of Non-Woven Glass Fiber Prepreg Market Table of Contents:

-Market Overview: The report begins with this section where a product overview and key content on the product and application segments of the Non-Woven Glass Fiber Prepreg market are provided. The highlights of the segmentation study include price, revenue, sales, sales growth rate, and market share by product.

-Competition by company: Here we analyze the competition of the global Non-Woven Glass Fiber Prepreg market, by company price, revenue, sales and market share, market share, competitive landscape, and latest trends, mergers, expansions, acquisitions, and market share of top companies.

-Company Profile and Sales Data: As the name suggests, this section provides sales data and useful information about the business of key players in the global Non-Woven Glass Fiber Prepreg market. It describes the key businesses of gross margin, price, revenue, products and specifications, types, applications, competitors, manufacturing base, and key players operating in the global Non-Woven Glass Fiber Prepreg market.

-Market Forecast: Here the report provides a full forecast for the global Non-Woven Glass Fiber Prepreg market by product, application, and region. It also provides global sales and revenue forecasts for all years in the forecast period.

-Research Results and Conclusion: One of the last sections of the report where analyst findings and findings are provided.

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