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North America Tow Prepregs Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Fiber Type, Resin Type, End-Use Industry

  • ID: 5359928
  • Report
  • June 2021
  • Region: North America
  • 121 pages
  • The Insight Partners
UP TO OFF
until Sep 30th 2021

FEATURED COMPANIES

  • Eneos Corporation
  • Hexcel Corporation
  • Porcher Industries
  • SGL Carbon
  • TCR Composites, Inc.
  • Teijin Limited
Epoxy Segment to Dominate North America Tow Prepregs Market during 2020-2028



According to this research study titled “North America Tow Prepregs Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast - by Fiber Type, Resin Type, End-Use Industry and Country,” the market is expected to reach US$ 546.72 million by 2028 from US$ 229.41 million in 2020. The market is estimated to grow at a CAGR of 11.5% from 2020 to 2028. The report provides trends prevailing in the North America tow prepregs market along with the drivers and restraints pertaining to the market growth. Growth of automotive and transportation industry and surge in demand for lightweight and cost-efficient materials are the major factors driving the growth of the North America tow prepregs market. However, the high cost of carbon fiber and other such raw materials may hinder the growth of North America tow prepregs market.

In case of COVID-19, North America, especially the US, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of tow prepregs manufacturing activities. Downfall in other chemical and materials manufacturing sector has subsequently impacted the demand for tow prepregs during the early months of 2020. Moreover, decline in the overall fabric and resin manufacturing activities has led to the discontinuation of tow prepregs manufacturing projects, thereby reducing the demand for tow prepregs. Similar trend was witnessed in other North American countries such as Mexico, Canada, Panama, and Costa Rica. However, the countries are likely to overcome this drop in demand with the economic activities regaining their pace, especially in the beginning of 2021.

The market for North America tow prepregs is segmented into fiber type, resin type, end-use industry, and country. Based on fiber type, the market is segmented into carbon, glass, and others. In 2019, the carbon segment held the largest share in North America tow prepregs market. Based on resin type, the North America tow prepregs is bifurcated into epoxy, phenolic, and others. The phenolic segment is expected to be the fastest growing segment over the forecast period. Based on end-use industry, the North America tow prepregs is broken into aerospace and defense, automotive and transportation, sports and recreational, oil and gas, and others. In 2019, the aerospace and defense segment held the largest share in North America tow prepregs market. Furthermore, in this present scenario of COVID-19 pandemic, the North America tow prepregs market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the North American countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for tow prepregs.

Eneos Corporation; Hexcel Corporation; Mitsubishi Chemical Corporation; Porcher Industries; SGL Carbon; TCR Composites, Inc.; Teijin Limited; and Toray Industries, Inc. are some of the leading companies in the North America tow prepregs market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.

The report segments the North America Tow Prepregs market as follows:

North America Tow Prepregs Market - By Fiber Type
  • Carbon
  • Glass
  • Others
North America Tow Prepregs Market - By Resin Type
  • Epoxy
  • Phenolic
  • Others
North America Tow Prepregs Market - By End-Use Industry
  • Aerospace and Defense
  • Automotive and Transportation
  • Sports and Recreational
  • Oil and Gas
  • Others
North America Tow Prepregs Market - By Country
  • US
  • Canada
  • Mexico
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Eneos Corporation
  • Hexcel Corporation
  • Porcher Industries
  • SGL Carbon
  • TCR Composites, Inc.
  • Teijin Limited
1. Introduction
1.1 Study Scope
1.2 The Publisher's Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:

4. Tow Prepregs Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Expert Opinion

5. Tow Prepregs Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growth of Automotive and Transportation Industry
5.1.2 Surge in Demand for Lightweight and Cost-Efficient Materials
5.2 Market Restraints
5.2.1 High Cost of Carbon Fiber and Other Such Raw Materials
5.3 Market Opportunities
5.3.1 Rising Demand for Tow Prepregs from Diverse Application Bases
5.4 Future Trends
5.4.1 Significant Research and Technological Developments in Tow Prepreg Industry
5.5 Impact Analysis of Drivers and Restraints

6. Tow Prepregs - North America Market Analysis
6.1 Tow Prepregs Market Overview
6.2 Tow Prepregs Market - Revenue and Forecast to 2028 (US$ Million)

7. North America Tow Prepreg Market Analysis - By Fiber type
7.1 Overview
7.2 Tow Prepreg Market, By Fiber type (2019 and 2028)
7.3 Carbon
7.3.1 Overview
7.3.2 Carbon: Tow Prepreg Market - Revenue and Forecast to 2028 (US$ Mn)
7.4 Glass
7.4.1 Overview
7.4.2 Glass: Tow Prepreg Market - Revenue and Forecast to 2028 (US$ Mn)
7.5 Others
7.5.1 Overview
7.5.2 Others: Tow Prepreg Market - Revenue and Forecast to 2028 (US$ Mn)

8. North America Tow Prepreg Market Analysis - By Resin Type
8.1 Overview
8.2 Tow Prepreg Market, By Resin type (2019 and 2028)
8.3 Epoxy
8.3.1 Overview
8.3.2 Epoxy: Tow Prepreg Market - Revenue and Forecast to 2028 (US$ Mn)
8.4 Phenolic
8.4.1 Overview
8.4.2 Phenolic: Tow Prepreg Market - Revenue and Forecast to 2028 (US$ Mn)
8.5 Others
8.5.1 Overview
8.5.2 Others: Tow Prepreg Market - Revenue and Forecast to 2028 (US$ Mn)

9. North America Tow Prepreg Market Analysis - By End-Use Industry
9.1 Overview
9.2 Tow Prepreg Market, By End-Use Industry (2019 and 2028)
9.3 Aerospace and Defense
9.3.1 Overview
9.3.2 Aerospace and Defense: Tow prepreg Market - Revenue and Forecast to 2028 (US$ Mn)
9.4 Automotive and Transportation
9.4.1 Overview
9.4.2 Automotive and Transportation: Tow Prepreg Market - Revenue and Forecast to 2028 (US$ Mn)
9.5 Sports and Recreational
9.5.1 Overview
9.5.2 Sports and Recreational: Tow Prepreg Market - Revenue and Forecast to 2028 (US$ Mn)
9.6 Oil and Gas
9.6.1 Overview
9.6.2 Oil and Gas: Tow Prepreg Market - Revenue and Forecast to 2028 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.2 Others: Tow Prepreg Market - Revenue and Forecast to 2028 (US$ Mn)

10. North America Tow Prepreg Market - Country Analysis
10.1 Overview
10.1.1 North America: Tow Prepreg Market, by Key Country
10.1.1.1 US: Tow Prepreg Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Tow Prepreg Market, Fiber Type
10.1.1.1.2 US: Tow Prepreg Market, Resin Type
10.1.1.1.3 US: Tow Prepreg Market, End-Use Industry
10.1.1.2 Canada: Tow Prepreg Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Tow Prepreg Market, Fiber Type
10.1.1.2.2 Canada: Tow Prepreg Market, Resin Type
10.1.1.2.3 Canada: Tow Prepreg Market, End-Use Industry
10.1.1.3 Mexico: Tow Prepreg Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Tow Prepreg Market, Fiber Type
10.1.1.3.2 Mexico: Tow Prepreg Market, Resin Type
10.1.1.3.3 Mexico: Tow Prepreg Market, End-Use Industry

11. Impact of COVID-19 Pandemic on North America Tow Prepregs Market
11.1 Overview
11.2 Impact of COVID-19 on Tow Prepreg Market
11.3 North America: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape
12.1 Overview
(The industry landscape chapter gives a brief knowledge about various product developments, partnerships, mergers and acquisitions, as well as collaboration strategies implemented by companies at a global level to enhance their product offerings and footprint across industries, thereby boosting their annual revenue growth.)
12.2 Product News
12.3 Mergers and Acquisitions
12.4 Market Initiatives

13. Company Profiles
13.1 Mitsubishi Chemical Corporation
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 SGL Carbon
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 TCR Composites, Inc.
13.3.1 Key Facts
13.3.2 Business Descriptionx
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Teijin Limited
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Eneos Corporation
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Hexcel Corporation
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Porcher Industries
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Toray Industries, Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments

14. Appendix
14.1 About the Publisher
14.2 Glossary of Terms

List of Tables
Table 1. North America Tow Prepregs Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. US North America Tow Prepreg Market, by Fiber Type - Revenue and Forecast to 2028 (USD Million)
Table 3. US North America Tow Prepreg Market, by Resin Type - Revenue and Forecast to 2028 (USD Million)
Table 4. US North America Tow Prepreg Market, by End-Use Industry - Revenue and Forecast to 2028 (USD Million)
Table 5. Canada North America Tow Prepreg Market, by Fiber Type - Revenue and Forecast to 2028 (USD Million)
Table 6. Canada North America Tow Prepreg Market, by Resin Type - Revenue and Forecast to 2028 (USD Million)
Table 7. Canada North America Tow Prepreg Market, by End-Use Industry - Revenue and Forecast to 2028 (USD Million)
Table 8. Mexico North America Tow Prepreg Market, by Fiber Type - Revenue and Forecast to 2028 (USD Million)
Table 9. Mexico North America Tow Prepreg Market, by Resin Type - Revenue and Forecast to 2028 (USD Million)
Table 10. Mexico North America Tow Prepreg Market, by End-Use Industry - Revenue and Forecast to 2028 (USD Million)
Table 11. Glossary of Terms, Tow Prepregs Market

List of Figures
Figure 1. Tow Prepregs Market Segmentation
Figure 2. North America Tow Prepregs Market Segmentation - By Country
Figure 3. North America Tow Prepregs Market Overview
Figure 4. Automotive and Transportation Industry is Fastest Growing Segment in North America Tow Prepregs Market
Figure 5. Canada is Fastest Growing Country in North America Tow Prepregs Market
Figure 6. North America Tow Prepregs Market, Industry Landscape
Figure 7. North America PEST Analysis
Figure 8. Expert Opinion
Figure 9. Tow Prepreg Market Impact Analysis of Driver and Restraints
Figure 10. North America: Tow Prepregs Market - Revenue and Forecast to 2028 (US$ Million)
Figure 11. Tow Prepreg Market Revenue Share, By Fiber type (2019 and 2028)
Figure 12. Carbon: Tow Prepreg Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 13. Glass: Tow Prepreg Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 14. Others: Tow Prepreg Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 15. Tow Prepreg Market Revenue Share, By Resin type (2019 and 2028)
Figure 16. Epoxy: Tow Prepreg Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 17. Phenolic: Tow Prepreg Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 18. Others: Tow Prepreg Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 19. Tow Prepreg Market Revenue Share, By End-Use Industry (2019 and 2028)
Figure 20. Aerospace and Defense: Tow prepreg Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 21. Automotive and Transportation: Tow Prepreg Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 22. Sports and Recreational: Tow Prepreg Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 23. Oil and Gas: Tow Prepreg Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 24. Others: Tow Prepreg Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 25. North America: Tow Prepregs Market, by Key Country - Revenue (2019) (USD Million)
Figure 26. North America: Tow prepreg Market Revenue Share, by Key Country (2019 and 2028)
Figure 27. US: Tow Prepreg Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. Canada: Tow Prepreg Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. Mexico: Tow Prepreg Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. Impact of COVID-19 Pandemic in North American Country Markets
Note: Product cover images may vary from those shown
  • Eneos Corporation
  • Hexcel Corporation
  • Mitsubishi Chemical Corporation
  • Porcher Industries
  • SGL Carbon
  • TCR Composites, Inc.
  • Teijin Limited
  • Toray Industries, Inc.
Note: Product cover images may vary from those shown
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