Carbon Fiber Prepreg Market Size, Share, Analysis Report

Carbon Fiber Prepreg Market By Application Analysis (Aerospace & Defense, Automotive, Sports & Leisure, Wind); By Manufacturing Process Analysis (Hot Melt, Solvent Dip); By Resin Type Analysis (Epoxy, Phenolic, Bismaleimide (BMI), Cyanate Ester, Thermoplastic) and By Regional Analysis – Global Forecast by

The Carbon Fiber Prepreg Market is expected to be around US$ 11.50 Billion by 2027 at a CAGR of 11% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • SGL Group
  • Park Electrochemical Corporation
  • Gurit Holding AG
  • Toray Industries Inc
  • Cytec Solvay Group
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    11

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    Carbon fiber prepregs are produced using carbon filaments with thermo set pitches, for example, epoxy and phenols; and thermoplastic tars, for example, PEEK. It is made by pre-impregnating strands, including glass, carbon, and aramid, onto a grid material. Businesses for example aviation and defense, wind energy, sports, and automotive are the major end-users of carbon fiber prepregs. Prepreg has a high quality to-weight proportion, high imperviousness to erosion and weakness, and imperviousness to fire; along these lines, it is supported by producers over its metallic counterparts for use in business and modern applications.

    How Big is the Global Carbon Fiber Prepreg Market?

    The Carbon Fiber Prepreg Market is expected to be around US$ 11.50 Billion by 2027 at a CAGR of 11% in the given forecast period.

    The major driving factors of Carbon Fiber Prepreg Market are as follows:

    • Rising demand for lightweight materials from the automotive industry
    • Increasing carbon fiber demand from the wind energy industry
    • Decrease in the cost of Carbon Fibers
    • Development demand for carbon fiber prepreg from Boeing and airbus

    The restraining factors of Carbon Fiber Prepreg Market are as follows:

    • High manufacturing expenses and processing
    • High Research and Development cost
    • Recyclability related issues

    The Carbon Fiber Prepreg Market is segmented on the lines of its application, manufacturing process, resin type and regional. Based on application segmentation it covers aerospace & defense, automotive, sports & leisure, wind, others. Based on manufacturing process segmentation it covers epoxy, phenolic, bismaleimide (BMI), cyanate ester, thermoplastic, others. Based on resin type segmentation it covers hot melt, solvent dip. The Carbon Fiber Prepreg Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    This report provides:
    1) An overview of the global market for Carbon Fiber Prepreg Market and related technologies.
    2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
    3) Identifications of new market opportunities and targeted promotional plans for Carbon Fiber Prepreg Market.
    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry.

    REPORT SCOPE:
    The scope of the report includes a detailed study of global and regional markets on Carbon Fiber Prepreg Market with the reasons given for variations in the growth of the industry in certain regions.
    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include SGL Group (Wiesbaden, Germany), Gurit Holding AG (Wattwil, Switzerland), Park Electrochemical Corporation (Melville, U.S.), Toray Industries, Inc. (Tokyo, Japan), Teijin Limited (Osaka, Japan), Royal TenCate N.V. (Almeo, Netherlands), Hexcel Corporation (Connecticut, U.S.), Cytec Solvay Group (Brussels, Belgium), Mitsubishi Rayon Co., Ltd. (Tokyo, Japan), and Axiom Materials (California, U.S.). Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
    The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

    The Carbon Fiber Prepreg Market has been segmented as below:

    By Application Analysis:

    • Aerospace & Defense
    • Automotive
    • Sports & Leisure
    • Wind
    • Others

    By Manufacturing Process Analysis:

    • Hot Melt
    • Solvent Dip

    By Resin Type Analysis:

    • Epoxy
    • Phenolic
    • Bismaleimide (BMI)
    • Cyanate Ester
    • Thermoplastic
    • Others

    By Regional Analysis:

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Reasons to Buy this Report:
    1) Obtain the most up to date information available on all  Carbon Fiber Prepreg Market.
    2) Identify growth segments and opportunities in the industry.
    3) Facilitate decision making on the basis of strong historic and forecast of Carbon Fiber Prepreg Market data.
    4) Assess your competitor’s refining portfolio and its evolution.

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    1    INTRODUCTION    
     1.1    Key Take Aways    
        1.2    Report Description    
        1.3    Markets Covered    
        1.4    Stakeholders    
        1.5    Research Methodology    
            1.5.1    Market Size    
            1.5.2    Market Share    
            1.5.3    Key Data Points From Secondary Sources    
            1.5.4    Key Data Points From Primary Sources

    2 Research Methodology 
        2.1 Research Data 
               2.1.1 Secondary Data
                        2.1.1.1 Key Data From Secondary Sources
               2.1.2 Primary Data
                        2.1.2.1 Key Data From Primary Sources
                        2.1.2.2 Key Industry Insights
                        2.1.2.3 Breakdown of Primaries
        2.2 Market Size Estimation 
               2.2.1 Bottom-Up Approach
               2.2.2 Top-Down Approach
        2.3 Data Triangulation 
        2.4 Research Assumptions

    3 Executive Summary

    4 Premium Insights 
        4.1 Significant Opportunities in the Carbon Fiber Prepreg Market, in Terms of Value, 2018–2024
        4.2 Carbon Fiber Prepreg Market, By Resin Type 
        4.3 Carbon Fiber Prepreg Market, By End-Use Industry and Region 
        4.4 Carbon Fiber Prepreg Market, By Manufacturing Process 
        4.5 Carbon Fiber Prepreg Market Share (Value), By Country 
        4.6 Carbon Fiber Prepreg Market Size, By Country 
        4.7 Carbon Fiber Prepreg Market Size, By End-User Industry

    5 Market Overview 
        5.1 Introduction 
        5.2 Market Segmentation 
               5.2.1 Carbon Fiber Prepreg Market, By Resin Type
               5.2.2 Carbon Fiber Prepreg Market, By Manufacturing Process
               5.2.3 Carbon Fiber Prepreg Market, By End-User Industry
        5.3 Market Dynamics 
               5.3.1 Drivers
                        5.3.1.1 Increasing Demand for Lightweight Materials From the Automotive Industry
                        5.3.1.2 Growing Carbon Fiber Demand From the Wind Energy Industry
                        5.3.1.3 Increasing Demand for Carbon Fiber Prepreg From Boeing and Airbus
               5.3.2 Restraints
                        5.3.2.1 High Processing and Manufacturing Cost
                        5.3.2.2 Issues Related to Recyclability
               5.3.3 Opportunities
                        5.3.3.1 Reduction in the Cost of Carbon Fibers
                        5.3.3.2 Development of Advanced Software Tools for Carbon Fiber Prepreg Product Development
               5.3.4 Challenges
                        5.3.4.1 High Research and Development Cost

    6 Macroeconomic Overview and Key Trends 
        6.1 Introduction 
        6.2 Trends and Forecast of GDP 
        6.3 Per Capita GDP vs Per Capita Carbon Fiber Prepreg Demand 
        6.4 Trends in the Aerospace & Defense Industry 
        6.5 Trends in the Automotive Industry 
        6.6 Trends in the Wind Energy Industry

    7 Carbon Fiber Prepreg Market, By Resin Type 
        7.1 Introduction 
        7.2 Epoxy Resin 
        7.3 Phenolic Resin 
        7.4 BMI Resin 
        7.5 Cyanate Ester Resin 
        7.6 Thermoplastic Resin 
        7.7 Other Resins

    8 Carbon Fiber Prepreg Market, By Manufacturing Process 
        8.1 Introduction 
        8.2 Hot Melt Process 
        8.3 Solvent DIP Process

    9 Carbon Fiber Prepreg Market, By End-User Industry 
        9.1 Introduction 
        9.2 Aerospace & Defense 
        9.3 Automotive 
        9.4 Sports & Leisure 
        9.5 Wind Energy 
        9.6 Others

    10 Carbon Fiber Prepreg Market, By Region 
         10.1 Introduction 
         10.2 North America 
                 10.2.1 U.S.
                 10.2.2 Canada
         10.3 Europe 
                 10.3.1 France
                 10.3.2 Germany
                 10.3.3 U.K.
                 10.3.4 Italy
                 10.3.5 Spain
                 10.3.6 Austria
                 10.3.7 Rest of Europe
         10.4 Asia-Pacific 
                 10.4.1 China
                 10.4.2 Japan
                 10.4.3 South Korea
                 10.4.4 Australia
                 10.4.5 India
                 10.4.6 Malaysia
                 10.4.7 Rest of Asia-Pacific
         10.5 Latin America 
                 10.5.1 Brazil
                 10.5.2 Mexico
                 10.5.3 Rest of Latin America
         10.6 ME&A 
                 10.6.1 UAE
                 10.6.2 South Africa
                 10.6.3 Rest of ME&A

    11 Competitive Landscape 
         11.1 Overview 
         11.2 Competitive Situation and Trends 
         11.3 Market Share Analysis 
                 11.3.1 Cytec Solvay Group
                 11.3.2 Toray Industries
                 11.3.3 Teijin Ltd.
         11.4 Recent Developments 
                 11.4.1 Agreements, Contracts, Partnerships, and Joint Ventures
                 11.4.2 Expansions
                 11.4.3 New Product Launches
                 11.4.4 Acquisitions

    12 Company Profiles
         12.1 Cytec Solvay Group 
         12.2 Hexcel Corporation 
         12.3 Royal Tencate N.V. 
         12.4 Teijin Limited 
         12.5 Toray Industries Inc. 
         12.6 Gurit Holding AG 
         12.7 SGL Group 
         12.8 Axiom Materials 
         12.9 Mitsubishi Rayon Co. Ltd. 
         12.10 Park Electrochemical Corporation 
         12.11 Other Key Players 
                 12.11.1 HC Composite
                 12.11.2 Kineco Pvt. Ltd.
                 12.11.3 Unicarbon
                 12.11.4 Zyvex Technologies
                 12.11.5 TCR Composites
                 12.11.6 PRF Composite Materials
                 12.11.7 Triple H Composites
                 12.11.8 GMS Composites
                 12.11.9 Dexcraft H.C.
                 12.11.10 Cedar Composites

    The Carbon Fiber Prepreg Market has been segmented as below:

    By Application Analysis:

    • Aerospace & Defense
    • Automotive
    • Sports & Leisure
    • Wind
    • Others

    By Manufacturing Process Analysis:

    • Hot Melt
    • Solvent Dip

    By Resin Type Analysis:

    • Epoxy
    • Phenolic
    • Bismaleimide (BMI)
    • Cyanate Ester
    • Thermoplastic
    • Others

    By Regional Analysis:

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

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    The market is expected to grow at a CAGR of 11% during the study period (2022-2027
    The Carbon Fiber Prepreg Market is expected to be around US$ 11.50 Billion by 2027
    The segment included in the Carbon Fiber Prepreg Market is Application, Manufacturing Process, Resin Type, Region and Company.
    Some key players operating in the Carbon Fiber Prepreg Market include SGL Group (Wiesbaden, Germany), Gurit Holding AG (Wattwil, Switzerland), Park Electrochemical Corporation (Melville, U.S.), Toray Industries, Inc. (Tokyo, Japan), Teijin Limited (Osaka, Japan), Royal TenCate N.V. (Almeo, Netherlands), Hexcel Corporation (Connecticut, U.S.), Cytec Solvay Group
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