Carbon Fiber Prepreg Market is expected to grow at 10.42 % of CAGR through 2024 to 2030, reaching nearly USD 20.23 Bn.

Maximize Market Research, has published market intelligence and competitive landscape report on the Carbon Fiber Prepreg Market.

Over the forecast period, Carbon Fiber Prepreg Market is expected to grow from USD 10.11 Bn. to USD 20.23 Bn. by 2030, at a CAGR of 10.42 per cent.

Europe region dominated the market with a 49 % share in 2023. Europe now leads the globe in CF and CFRP demand, and this position is expected to be maintained. North American demand growth is expected to keep pace with Europe and outpace that of Asia and Japan.

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In 2020, a significant decline is expected in the market for carbon fiber prepreg. The short-term impact on the carbon fiber prepreg market is visible in the H1 2020 results of the key players, which show a dramatic decline in sales, enormous losses, staff layoffs, cash burnouts, production halts, etc. However, the long-term view is still encouraging due to a slow recovery in the manufacturing of cars and airplanes, which will finally have a beneficial effect on the carbon fiber prepreg market.

Carbon prepreg accounts for almost 80% of the overall prepreg market. According to forecasts, the market will probably accelerate in the years to come, reaching an expected value of US$ 4.9 billion in 2026. One of the factors contributing to the decline in manufacturing of composite-rich aircraft like the B787 and A350XWB is acting as one of the prime reasons behind the market's delayed recuperation.

Hexcel and the top three Japanese producers (Toray, Toho Tenax, and Mitsubishi Rayon), as well as their 2030 production capacity predictions. Toray's claim of 50,000 tonnes per year is particularly noteworthy since it almost equals the whole world's combined small- and large-tow CF production capacity in 2020, and drives the carbon fiber prepreg market.

The BMW i3 program, which is supplied with carbon fiber through a joint venture founded in 2009 between SGL and BMW (termed SGL Automotive Carbon Fibers and abbreviated ACF), is the most important of these supply networks. ACF produced the world's first carbon fiber. A factory geared to supplying fiber to the automobile sector.

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BMW just SGL Carbon SE, a carbon fiber company, plans to invest more than 100 million euros. ($137 million) to increase joint carbon fiber production from 3,000 to 6,000 tonnes per year. tonnes per year 33 The investment will allow the firms to increase manufacturing in Germany and elsewhere. the United States in response to increased demand for BMW's electric i3 and i8 vehicles.abd drive the carbon fiber prepreg market during the forecast period.

Carbon Fiber Prepreg Market segmentation:

by Resin Type

• Epoxy
• Phenolic
• Thermoplastic
• Bismaleimide (BMI)
• Polyimide
• Others

by End-use Industry

• Aerospace & Defense
• Wind Energy
• Sports & Recreation
• Automotive
• Others

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Carbon Fiber Prepreg Market Key Players are:

1. Mitsubishi Rayon Co. Ltd.
2. PRF Composite Materials
3. Barrday Corporation
4. GMS Composites
5. Hankuk Carbon
6. ABC Composites
7. Solvay
8. Teijin Limited
9. Park Electrochemical Corporation
10. Axiom Materials
11. Hc Composite
12. Kineco
13. Taiwan First Li-Bond Co., Ltd.
14. North Thin Ply Technology
15. TCR Composites

𝐅𝐨𝐫 𝐚 𝐝𝐞𝐞𝐩𝐞𝐫 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤: https://www.maximizemarketresearch.com/market-report/global-carbon-fiber-prepreg-market/33290/

Key questions answered in Carbon Fiber Prepreg Market are:

1] What segments are covered in the Global Carbon Fiber Prepreg Market report?
2] Which region is expected to hold the highest share in the Global Carbon Fiber Prepreg Market?
3] What is the market size of the Global Carbon Fiber Prepreg Market by 2030?
4] What is the forecast period for the Global Carbon Fiber Prepreg Market?
5] What was the market size of the Global Carbon Fiber Prepreg Market in 2023?

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Regional analysis, Segment Analysis, Competitive landscape
Market Segmentation - A detailed analysis of the Offerings, Vertical, Application and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region

Maximize Market Research has also published reports related to Carbon Fiber Prepreg Market are:

• Carbon Fiber Market was valued at US$ 4.88 Bn. in 2023. Global Carbon Fiber Market size is estimated to grow at a CAGR of 8.8% over the forecast period.

https://www.maximizemarketresearch.com/market-report/global-carbon-fiber-market/105705/

• Carbon Black Market size was valued at US$ 21.26 Bn. in 2023 and the total Carbon Black Market revenue is expected to grow at 5 % from 2024 to 2030, reaching nearly US$ 29.91 Bn.

https://www.maximizemarketresearch.com/market-report/carbon-black-market/126753/

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