Press release
Prepreg Market Report 2023: Industry Overview, Size, Share, Trends & Growth till 2028
Prepeg Market
The global prepreg market size reached US$ 11.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 18.1 Billion by 2028, exhibiting a growth rate (CAGR) of 7.8% during 2023-2028.
Pre-impregnated (prepreg) is a composite material used in various industries, particularly in aerospace, automotive, and sporting goods. It is a composite reinforcement material that consists of fibers, typically carbon fiber or fiberglass, impregnated with a resin matrix such as epoxy or thermoplastic. It involves using automated machinery to saturate the fibers with the resin system in a controlled environment. It eliminates the need for on-site resin mixing and impregnation, simplifying the composite manufacturing process. It has a shelf life and can be stored at low temperatures, typically in refrigerated conditions.
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Global Prepreg Market Trends and Drivers:
The increasing use of prepreg in the aerospace industry for manufacturing aircraft components, such as wings, fuselages, empennages, and interior structures to offer excellent fatigue resistance, and dimensional stability, represents one of the primary factors bolstering the market growth around the world. Moreover, prepregs are employed in the automotive industry for producing vehicle components, including body panels, structural components, interior parts, and sports car bodies. Along with this, the rising sales of fuel efficient vehicles on account of inflating petrol prices is favoring the growth of the market. Besides this, the growing adoption of prepregs in the production of high-performance sporting goods, such as tennis rackets, golf clubs, bicycle frames, and hockey sticks, is influencing the market positively.
Global Prepreg Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: Axiom Materials Inc. (Kordsa Incorporated), Composites One LLC (Synergy55 Inc.), Gurit Holding, Hexcel Corporation, Mitsubishi Chemical Corporation, Park Aerospace Corp., SGL Carbon SE, Solvay S.A., Sunrez Corporation, Teijin Limited, Toray Industries Inc. and Ventec International Group.
Browse complete report:- https://www.imarcgroup.com/prepreg-market
The report segmented the market on the basis of region, resin type, fiber type, manufacturing process and end use industry.
Breakup by Resin Type:
• Thermoset
• Thermoplastic
• Epoxy
• Others
Breakup by Fiber Type:
• Carbon
• Glass
• Aramid
Breakup by Manufacturing Process:
• Hot-Melt Process
• Solvent Dip Process
Breakup by End Use Industry:
• Aerospace and Defense
• Automotive
• Electrical and Electronics
• Wind Turbine
• Sporting Goods
• Others
Breakup by Region:
• North America
o United States
o Canada
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
• Latin America
o Brazil
o Mexico
o Others
• Middle East and Africa
Speak to Analyst:- https://www.imarcgroup.com/request?type=report&id=5725&flag=C
If you want the latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023- 2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Related Reports:-
Smart Glass Market:- https://www.imarcgroup.com/smart-glass-market
Methionine Market:- https://www.imarcgroup.com/methionine-market
Contact Us:
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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