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Aramid Fiber Prepreg Market Competitive landscape And Global Tends To 2025 Projecting A Growth Of XX% CAGR
‘Global Aramid Fiber Prepreg Market by resin types (Thermoset Resin Type- Epoxy, Polyster, Vinyl Ester, and Others/ Thermoplastic Resin Type- Polyamide, Polypropylene, PBT, Polycarbonate and others, and Others); by Application type (Automotive, Aerospace and Defense, Electronics, Energy, Leisure and Others); by production process (autoclave, press, oven and others); by Regions (North America, Asia Pacific, Europe, the Middle East & Africa and Latin America) – Global Market Insights Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025’.Research N Reports brings key comprehensions on the subject of global Aramid Fiber Prepreg market in its latest report titled Global Aramid Fiber Prepreg Market by resin types (Thermoset Resin Type- Epoxy, Polyster, Vinyl Ester, and Others/ Thermoplastic Resin Type- Polyamide, Polypropylene, PBT, Polycarbonate and others, and Others); by Application type (Automotive, Aerospace and Defense, Electronics, Energy, Leisure and Others); by production process (autoclave, press, oven and others); by Regions (North America, Asia Pacific, Europe, the Middle East & Africa and Latin America) – Global Market Insights Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025’.
The Aramid fiber prepreg industry is growing tremendously in the global market and its major drivers of growth are in application, aerospace and defense, wind energy, automotive and escalated demand for lightweight, environment- friendly, and efficient products. As we already know that prepregs are composite materials in which a reinforcement fiber is pre-impregnated with a thermoplastic or thermoset resin. Most common reinforcements used for prepregs are glass, carbon and aramid fibers.
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Demand for them is high in aerospace and defense which has led to greatest boost in the market. The properties of aramid fiber such as excellent mechanical properties, low density, low thermal expansion, good electrical conductivity, non-corrosive and precise laminate thickness tolerances have led to high demand from wide range of end-user industries. The aerospace & defense industry requires certain composites which offers qualities such as:
• Fatigue resistance and corrosion resistance
• Lightweight due to high specific strength and stiffness
• Capability of high degree of optimization, tailoring the directional strength and stiffness
• Capability to maintain dimensional and alignment stability in space environment
• Possibility of achieving low radar cross section
Above mentioned are few of the advantages which have led to high demand for composite materials in the aerospace industry, as they provide a much better strength to weight ratio then metals. This has resulted in high demand for aramid fibers in the global market.
Based on regions the global aramid fiber prepreg market is segmented into North America, Europe, Asia Pacific, MEA, and South America. The regions presently account for a satisfactory share and is expected to witness significant growth over the forecast period. Developing markets are estimated to have an increased potential for the product due to rapid industrialization in these economies.
Some of the key players of this market are ACP Composites, Axiom Material, Composite Holding Company, DuPont, NACCO Aerospace, Park Electrochemical Corporation, Royal Ten Cate N.V., Sunrez, Toray Industries Inc., and Ventec USA.
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The Global Aramid Fiber Prepreg Market is segmented as given below:
By Resin Type:
• Thermoset Resin Type:
o Epoxy
o Polyster
o Vinyl Ester
o Others
• Thermoplastic Resin Type:
o Polyamide
o Polypropylene
o PBT
o Polycarbonate
o Others
• Others
By Application:
• Automotive
• Aerospace and Defense
• Electronics
• Energy
• Leisure
• Others
By Production Process:
• Autoclave
• Press
• Oven
• Others
By Region:
• North America
• Europe
• Asia Pacific
• MEA
• South America
By Key players:
• ACP Composites
• Axiom Materials
• Composite Holding Company
• DuPont
• NACCO Aerospace
• Park Electrochemical Corporation
• Royal Ten Cate N.V.
• Sunrez
• Toray Industries Inc.
• Ventec USA
Research N Reports offers latest published report “Global Aramid Fiber Prepreg Market - Global Market Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025”:https://www.researchnreports.com/chemical-materials/Global-Aramid-Fiber-Prepreg-Market-20172025-62460
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