Press release
Ease of Using Prepregs is Driving the Global Prepreg Market Growth
According to a new market research report launched by Inkwood Research, the Global Prepreg Market is anticipated to rise at a CAGR of 10.41% in terms of revenue from 2021 to 2028, generating $12.28 billion by 2028. Whereas, it is anticipated to rise at a CAGR of 9.02% in terms of volume during this period, reaching 455.11 kilotons by 2028.Browse 69 market data Tables and 47 Figures spread over 248 Pages, along with in-depth analysis on the Global Prepreg Market by Resin Type, Manufacturing Process, Type, End-User, & by Geography.
Request Free Sample Report for Global Prepreg Market by Resin Type, Type, End-User, Manufacturing Process, & by Geography: https://inkwoodresearch.com/reports/prepreg-market/#request-free-sample
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Prepreg Market Scenario
One of the most significant advantages of prepregs is the ease of using them. Prepregs, along with the resin system, are easy to handle at room temperatures. This is because they are highly viscous in nature. Besides, although prepregs are made of uncured resin, their firmness ensures easy handling.
Barring a few exceptions that require delicate handling, the majority of prepregs do not stick to mold surfaces. Moreover, the convenience of cutting and curing prepregs supplements their easy-to-handle property, when compared to conventional resin-fiber systems.
However, prepregs are expensive. The costs incurred for R&D and manufacturing them are also high. Further, the procedure for testing the application of prepregs in sectors like aerospace & defense is time-consuming, elaborate, and expensive. Hence, these factors are hampering the growth of the market studied.
The Global Prepreg Market report provides data tables and includes charts and graphs for visual analysis.
Market Segmentation
Market by Resin Type (In Terms of Revenue: $ Million & In Terms of Volume: Kilotons)
• Thermoplastic
• Thermoset
Market by Manufacturing Process (In Terms of Revenue: $ Million & In Terms of Volume: Kilotons)
• Solvent Dip
• Hot Melt
Market by Type (In Terms of Revenue: $ Million & In Terms of Volume: Kilotons)
• Aramid Fiber
• Glass Fiber
• Carbon Fiber
Market by End-User (In Terms of Revenue: $ Million & In Terms of Volume: Kilotons)
• Sporting Goods
• Automotive
• Wind Energy
• Aerospace & Defense
• PCB & Other Sectors
Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028
Companies Profiled
• ROYAL TEN CATE NV
• HEXCEL CORPORATION
• SGL CARBON SE
• CELANESE CORPORATION
• UNICARBON
• RENEGADE MATERIALS CORPORATION
• CYTEC SOLVAY GROUP (PARENT COMPANY: SOLVAY GROUP)
• GURIT HOLDING AG
• ZYVEX TECHNOLOGIES
• TORAY INDUSTRIES INC
• MITSUBISHI RAYON CO LTD (MITSUBISHI CHEMICAL CORPORATION)
• PARK AEROSPACE CORPORATION (FORMERLY PARK ELECTROCHEMICAL)
• TEIJIN LIMITED
• AXIOM MATERIALS INC
• VENTEC GROUP
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Easy Utilization of Prepreg linked to Global Prepreg Market Growth
Inkwood Research anticipates that the Global Prepreg Market is evaluated to project a CAGR of 10.41% in terms of revenue during the forecasting years of 2021-2028.
"Browse 69 Market Data Tables and 47 Figures spread over 248 Pages, along with an in-depth TOC on the Global Prepreg Market Forecast 2021-2028."
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