Thermoplastic Prepreg market was valued at US$ 937.6 million in 2022 and is anticipated to reach US$ 1534.1 million by 2029, witnessing a CAGR of 7.2% - Valuates reports

The global Thermoplastic Prepreg market was valued at US$ 937.6 million in 2022 and is anticipated to reach US$ 1534.1 million by 2029, witnessing a CAGR of 7.2% during the forecast period 2023-2029.

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Thermoplastic prepregs are composite reinforcements (fiberglass, carbon fiber, aramid, etc.) that are pre-impregnated with thermoplastic resin. Common resins for thermoplastic prepregs include PP, PET, PE, PPS, and PEEK. Thermoplastic prepregs can be provided in unidirectional tape, or in fabrics that are woven or stitched.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Thermoplastic Prepreg key players include Tencate, Teijin, Fibrtec, Porcher industries Groupe, Cytec, etc. Global top five manufacturers hold a share over 60%.
Europe is the largest market, with a share about 40%, followed by North America, and Japan, both have a share over 45 percent.
In terms of product, Carbon Fiber is the largest segment, with a share over 65%. And in terms of application, the largest application is Aerospace and Defence, followed by Automotive, etc.

This report aims to provide a comprehensive presentation of the global market for Thermoplastic Prepreg, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermoplastic Prepreg.
The Thermoplastic Prepreg market size, estimations, and forecasts are provided in terms of output/shipments (K sqm) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Thermoplastic Prepreg market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.

Segment by Type
Reinforced Glass Fiber Thermoplastic Prepreg
Reinforced Carbon Fiber Thermoplastic Prepreg
Reinforced Aramid Fiber Thermoplastic Prepreg

Segment by Application
Aerospace and Defense
Automotive
Others

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