Press release
Prepreg Market Recent Developments, Top Trends, And Analysis Forecast To 2033
Prepreg Market Overview
As per the report, the prepreg market size has grown rapidly in recent years. It will grow from $8.79 billion in 2023 to $9.95 billion in 2024 at a compound annual growth rate (CAGR) of 13.2%. The prepreg market size is expected to see rapid growth in the next few years. It will grow to $16 billion in 2028 at a compound annual growth rate (CAGR) of 12.6%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=7656&type=smp
Automotive Production Fuels Prepreg Market Growth
Growing automotive production is expected to propel the growth of the prepreg market going forward. Automotive refers to the design, operation, manufacture, or sale of automobiles. Prepregs are used for high-performance applications in industries like aerospace, defence, automotive, sports, and wind energy. For instance, in 2021, according to ACEA, a Belgium-based association of the automobile industry, 79.1 million motor vehicles were produced around the world, an increase of 1.3% compared to 2020. Therefore, growing automotive production is driving the growth of the prepreg market.
Technological Advancements And Innovative Products In The Prepreg Market
Technological advancements are a key trend gaining significant popularity in the prepreg market. Major companies operating in the prepreg market are focused on developing new technological solutions to strengthen their position. For instance, in October 2023, Solvay, a Belgium-based company operating in prepreg, launched SolvaLite 716 FR is a revolutionary fast-curing epoxy prepreg technology designed for a variety of structural elements and reinforcements in premium battery electric vehicles (BEVs). SolvaLite 716 FR, features involves Solvay's proprietary Double Diaphragm Forming (DDF) technology, targeted at flame-retardant battery enclosure applications for premium and super-premium BEVs possesses a dry glass transition temperature (Tg) of 145°C (293°F) and has been shown in practical UL 2596 flammability testing to surpass aluminum and discontinuous fiber composites by offering protection at a wall thickness of 2mm. SolvaLite® 716 FR is designed for quick curing, with an eight-minute press cure time at 150°C (302°F); with greater temperature and lower cycle time capability.
The prepreg market covered in this report is segmented -
1) By Type of Fiber Reinforcement: Carbon Fiber Prepreg, Glass Fiber Prepreg, Other Types of Fiber Reinforcement
2) By Form: Tow Prepreg, Fabric Prepreg
3) By Manufacturing Process: Hot-Melt Process, Solvent Dip Process
4) By Application: Aerospace And Defense, Wind Energy, Automotive, Sporting Goods, Electronics (PCB), Other Applications
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=7656&type=discount
Major companies operating in the prepreg market include Axiom Materials Inc., Gurit Holding AG, Hexcel Corporation, Mitsubishi Chemical Carbon Fiber And Composites Inc., Park Aerospace Corporation, Solvay S.A., Teijin Limited, Toray Industries Inc., Plastic Reinforcement Fabrics Ltd., Rock West Composites Inc., SHD Composite Materials Ltd., GMS Composites, ACP Composites Inc., Celanese Corporation, SGL Group SE, Hanyang Corporation, Composites One, Saudi Basic Industries Corporation (SABIC), Airtech Advanced Materials Group, Isola Group, Olin Corporation, Zoltek Companies Inc., Park Electrochemical Corp., Henkel AG & Co. KGaA, Socomore, Kineco Group, Cristex, North Thin Ply Technology (NTPT)
Contents of the report:
1. Executive Summary
2. Prepreg Market Report Structure
3. Prepreg Market Trends And Strategies
4. Prepreg Market - Macro Economic Scenario
5. Prepreg Market Size And Growth
…..
27. Prepreg Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/prepreg-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Prepreg Market Recent Developments, Top Trends, And Analysis Forecast To 2033 here
News-ID: 3613121 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Prepreg
Key Trends Reshaping the Prepreg Market: Technological Advancements And Innovati …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
Prepreg Market Size Growth Forecast: What to Expect by 2025?
The market size of prepreg has expanded significantly over the past few years. This market is expected to increase from $9.89 billion in 2024 to $11.2 billion in 2025, with a compound annual growth rate (CAGR) of 13.2%. The impressive growth during the historic…
Leading Element Driving Change in the Prepreg Market in 2025: Automotive Product …
Which drivers are expected to have the greatest impact on the over the prepreg market's growth?
The surge in automotive manufacturing is predicted to fuel the expansion of the prepreg market. In the field of automotive, prepregs are employed for high-level applications in sectors like aerospace, defence, automotive, sports, and wind energy. Automotive involves aspects such as the creation, operation, production, or marketing of motor vehicles. Notably, as indicated by a…
How Big is Benzoxazine Prepreg Market?
Global Benzoxazine Prepreg Market reached US$ 83.2 million in 2022 and is expected to reach US$ 127.8 million by 2031, growing with a CAGR of 4.2% during the forecast period 2024-2031.
A new Report by DataM Intelligence, titled "Benzoxazine Prepreg Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031,"" offers a comprehensive analysis of the industry, which comprises insights on the Benzoxazine Prepreg market analysis. The report also includes competitor…
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."
REQUEST FREE SAMPLE LINK - https://inkwoodresearch.com/reports/prepreg-market/#request-free-sample
VIEW TABLE OF CONTENT LINK - https://inkwoodresearch.com/reports/prepreg-market/#table-of-contents
BUY NOW- https://inkwoodresearch.com/reports/prepreg-market/
The term 'prepreg' is an abbreviation for 'pre-impregnated,' indicating…
2028 Tow Prepreg Industry Report Growth Forecasts
Stratistics MRC's Global Tow Prepreg Market value expected to reach $830.69 million growing at a CAGR of 12.0% during 2020-2028.
Tow prepreg features high filament numbers and is mainly utilized in industries that require great robustness. Tow prepregs consist of a mixture of filament, glass fiber carbon, and duro plastic resin as binder material. The tow prepreg is pre-impregnated, which allows industrial manufacturers to enhance their output by eliminating the resin…
Prepreg Manufacturing Process Benefits from Temperature Monitoring
dataTaker Handles High Channel Count for Heat Treatment
Plants and factories working with prepreg injection and other curing or heat treatment applications can greatly benefit from continual temperature monitoring for their prepreg manufacturing process. Curing, molding, and heat treat applications all save cost and improve product quality by using a data logger to record product temperatures. Temperature monitoring is equally applicable to monitoring phenolic, laminated material, metals and more.
A solution built…
