Latin America Prepreg Market 2021-2028

The publisher has stated that the prepreg market in Latin America is likely to grow with a CAGR of 9.10% over the forecast years from 2021 to 2028. Brazil, Mexico, and Rest of Latin America together comprise the market in this region.

Brazil has witnessed notable growth in its aircraft manufacturing activities, primarily due to the presence of aircraft manufacturers like Embraer. The company even formed a joint venture with Boeing for developing commercial aircraft worth $4.2 billion, in January 2019.

Besides, there are deliveries of new & more fuel-efficient single-aisle airplanes to Brazilian airlines lined up, including GOL. Owing to these developments, operational commercial fleets are expected to increase. This is projected to drive the demand for prepregs in the country, which will drive the market growth further over the forecast period.

Further, the automotive industry in Brazil also shows a positive outlook. In 2017, it registered a growth of 25.20%, with 2,699,672 vehicle units being manufactured that year. Also, there is a rise in investments from large automotive manufacturers. For instance, General Motors invested $4.06 billion for the period between 2014 and 2020. The growth in the automotive industry is expected to fuel the demand for prepregs in the country. This will propel the growth of the studied market in the coming years.

COMPETITIVE OUTLOOK

Park Electrochemical Corp, Royal Ten Cate NV, Zyvex Labs, Mitsubishi Rayon Co Ltd, Gurit Holding AG, Hexcel Corporation, Cytec Solvay Group, and Unicarbon are some of the prominent names present in the prepreg market.

1. Latin America Prepreg Market - Summary

2. Industry Outlook

2.1. Impact of Covid-19 on the Prepreg Industry
2.2. Key Insights
2.2.1. Ease of Handling
2.2.2. Advances in Manufacturing Processes
2.2.3. Rising Number of Strategic Developments by Manufacturers
2.3. Porter's Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Buyers
2.3.4. Bargaining Power of Suppliers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Industry Components
2.7. Key Market Strategies
2.7.1. Acquisitions
2.7.2. Product Launches
2.7.3. Partnerships
2.7.4. Business Expansions
2.8. Market Drivers
2.8.1. Demand from the Aerospace Industry
2.8.2. Automotive Manufacturers Aiming at Reducing Carbon Footprints
2.8.3. Evolving Wind Energy Market
2.9. Market Challenges
2.9.1. Low Shelf Life Compared to Conventional Resin Fibers
2.9.2. High Costs Associated With Prepregs
2.9.3. Complexities in Maintenance, Repair, and Overhaul (Mro) Requirements
2.10. Market Opportunities
2.10.1. Growing Interest Toward Using Lightweight Materials in Sporting Goods
2.10.2. Increased Demand for Carbon Fiber Prepregs

3. Latin America Prepreg Market Outlook - by Resin Type

3.1. Thermoset
3.2. Thermoplastic

4. Latin America Prepreg Market Outlook - by Manufacturing Process

4.1. Hot Melt
4.2. Solvent Dip

5. Latin America Prepreg Market Outlook - by Reinforcement Type

5.1. Carbon Fiber
5.2. Glass Fiber
5.3. Aramid Fiber

6. Latin America Prepreg Market Outlook - by Applications

6.1. Aerospace & Defence
6.2. Wind Energy
6.3. Automotive
6.4. Sporting Goods
6.5. Pcb & Other Application

7. Latin America Prepreg Market - Regional Outlook

7.1. Brazil
7.2. Mexico
7.3. Rest of Latin America

8. Competitive Landscape

8.1. Axiom Materials
8.2. Celanese
8.3. Cytec Solvay Group
8.4. Gurit Holding AG
8.5. Hexcel Corporation
8.6. Mitsubishi Rayon Co Ltd
8.7. Park Electrochemical Corp
8.8. Renegade Materials Corporation
8.9. Royal Ten Cate Nv
8.10. Sgl Group
8.11. Teijin Limited
8.12. Toray Industries Inc
8.13. Unicarbon
8.14. Ventec Group
8.15. Zyvex Labs

9. Research Methodology & Scope

9.1. Research Scope & Deliverables
9.2. Sources of Data
9.3. Research Methodology

Table List

Table 1: Latin America Prepreg Market, by Country, 2021-2028 (In $ Million)
Table 2: Vendor Scorecard
Table 3: List of Acquisitions
Table 4: List of Product Launches
Table 5: List of Partnerships & Agreements
Table 6: List of Business Expansions
Table 7: Latin America Prepreg Market, by Resin Type, 2021-2028 (In $ Million)
Table 8: Latin America Prepreg Market, by Manufacturing Process, 2021-2028 (In $ Million)
Table 9: Latin America Prepreg Market, by Reinforcement Type, 2021-2028 (In $ Million)
Table 10: Latin America Prepreg Market, by End-Users, 2021-2028 (In $ Million)
Table 11: Latin America Prepreg Market, by Country, 2021-2028 (In $ Million)

Figure List

Figure 1: Market Attractiveness Index
Figure 2: Worldwide Automotive (Cars & Commercial Vehicles) Production, 2015-2020 (In Million)
Figure 3: Latin America Prepreg Market, by Resin Type, 2020 & 2028 (In %)
Figure 4: Latin America Prepreg Market, by Thermoset, 2021-2028 (In $ Million)
Figure 5: Latin America Prepreg Market, by Thermoplastic, 2021-2028 (In $ Million)
Figure 6: Latin America Prepreg Market, by Manufacturing Process, 2020 & 2028 (In %)
Figure 7: Latin America Prepreg Market, by Hot Melt, 2021-2028 (In $ Million)
Figure 8: Schematic of Hot Melt Process
Figure 9: Latin America Prepreg Market, by Solvent Dip, 2021-2028 (In $ Million)
Figure 10: Schematic of Solvent Dip Process
Figure 11: Latin America Prepreg Market, by Reinforcement Type, 2020 & 2028 (In %)
Figure 12: Latin America Prepreg Market, by Carbon Fiber, 2021-2028 (In $ Million)
Figure 13: Latin America Prepreg Market, by Glass Fiber, 2021-2028 (In $ Million)
Figure 14: Latin America Prepreg Market, by Aramid Fiber, 2021-2028 (In $ Million)
Figure 15: Latin America Prepreg Market, by Applications, 2020 & 2028 (In %)
Figure 16: Latin America Prepreg Market, by Aerospace & Defence, 2021-2028 (In $ Million)
Figure 17: Latin America Prepreg Market, by Wind Energy, 2021-2028 (In $ Million)
Figure 18: Latin America Prepreg Market, by Automotive, 2021-2028 (In $ Million)
Figure 19: Latin America Prepreg Market, by Sporting Goods, 2021-2028 (In $ Million)
Figure 20: Latin America Prepreg Market, by Pcb & Other Applications, 2021-2028 (In $ Million)
Figure 21: Latin America Prepreg Market, Regional Outlook, 2020 & 2028 (In %)
Figure 22: Brazil Prepreg Market 2021-2028 (In $ Million)
Figure 23: Mexico Prepreg Market 2021-2028 (In $ Million)
Figure 24: Rest of Latin America Prepreg Market 2021-2028 (In $ Million)