Quick Summary:
As the world continues its shift toward using more sustainable and robust materials, the global carbon fiber prepreg market increasingly plays a crucial role across various industries. Professionals seeking a comprehensive overview, market trends, and potential investment opportunities should consider this highly detailed and examined report.
Carbon fiber prepreg, characterized by its high-performance qualities such as strength, stability, and resistance to corrosion and environmental factors, sees diverse applications from aerospace to automotive, wind energy, sports goods, and construction, among others. The report delves into the market growth drivers including rapid industrialization and increasing adoption of green energy sources. It also provides insights into the extensive use of carbon fiber prepregs in automobile manufacturing and aerospace equipment, thanks to their high physical strength and structural performance. The report further highlights important trends like product innovations and extensive R&D efforts, expected to propel the market.
A unique feature of this report is the granular segmentation it offers. It analyzes the global carbon fiber prepreg market based on manufacturing processes, resin types, resins, and industries, on a global, regional, and country-level. This distinct segmentation allows readers to better understand the market dynamics and make data-driven decisions. This remarkable guide also maps the competitive landscape, making it an indispensable resource for those interested in the global carbon fiber prepreg market.
Carbon fiber prepreg refers to a carbon fiber that has been pre-impregnated with catalyzed resins. It is manufactured using thermoset resins, such as epoxy, polyimide, phenols and thermoplastics, through hot melt and solvent dip techniques. These fibers are led through a comb and laid on a carrier paper for lamination with the resin content, which is further covered with another layer of carrier paper. It exhibits high operational strength, stability and resistance to corrosion, fatigue, fire, moisture and chemicals. It is also highly cost-effective and environment-friendly and finds extensive applications across various such as aerospace, defense, automotive, wind energy, sports and recreation, medical, construction, etc.
Carbon Fiber Prepreg Market Trends:
Rapid industrialization, along with increasing adoption of green energy sources, is one of the key factors driving the growth of the market. Furthermore, the steady expansion of the automotive industry is also providing a boost to the market growth. Carbon prepregs are increasingly replacing metals in the production of various automobile components, such as bumpers, fenders, splitters, wheel archers, brake ducts and vents. Additionally, widespread product adoption for the manufacturing of various aerospace equipment is also favoring the market growth. Owing to the several associated benefits, such as high physical strength and structural performance with minimal weight, carbon prepregs are used in the production of cabin linings, air ducts, plenums, bars, seats, partitions, trailing edges and brackets. They are also utilized for manufacturing various sports accessories, such as tennis rackets, bicycles, fishing rods and golf shafts. Other factors, including multiple product innovations and extensive research and development (R&D) activities, are expected to drive the market further.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global carbon fiber prepreg market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on manufacturing process, resin type, resin and end use industry.Breakup by Manufacturing Process:
- Hot Melt
- Solvent Dip
Breakup by Resin Type:
- Thermoset
- Thermoplastic
Breakup by Resin:
- Phenolic
- Epoxy
- Bismaleimide
- Polyimide
- Cynate Ester
- PEEK
- Others
Breakup by End Use Industry:
- Aerospace and Defense
- Automotive
- Wind Energy
- Sports and Recreation
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Axiom Materials Inc. (Kordsa Incorporated), Gurit (Tianjin) Composite Material Co. Ltd., Hexcel Corporation, Koninklijke Ten Cate B.V. (Tennessee Acquisition Holding B.V.), Mitsubishi Chemical Holdings Corporation, Park Aerospace Corp., Plastic Reinforcement Fabrics Ltd., SGL Carbon SE, Solvay (Daikin), TCR Composites Inc. (ATK Launch Systems), Teijin Limited and Toray Industries Inc.Key Questions Answered in This Report
1. What was the size of the global carbon fiber prepreg market in 2022?2. What is the expected growth rate of the global carbon fiber prepreg market during 2023-2028?
3. What are the key factors driving the global carbon fiber prepreg market?
4. What has been the impact of COVID-19 on the global carbon fiber prepreg market?
5. What is the breakup of the global carbon fiber prepreg market based on the manufacturing process?
6. What is the breakup of the global carbon fiber prepreg market based on the resin type?
7. What is the breakup of the global carbon fiber prepreg market based on the resin?
8. What is the breakup of the global carbon fiber prepreg market based on the end use industry?
9. What are the key regions in the global carbon fiber prepreg market?
10. Who are the key players/companies in the global carbon fiber prepreg market?
What is the estimated value of the Global Carbon Fiber Prepreg Market?
What is the growth rate of the Global Carbon Fiber Prepreg Market?
What is the forecasted size of the Global Carbon Fiber Prepreg Market?
Who are the key companies in the Global Carbon Fiber Prepreg Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 148 |
| Published | July 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 9.7 Billion |
| Forecasted Market Value ( USD | $ 15.8 Billion |
| Compound Annual Growth Rate | 8.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 12 |
Table of Contents
Companies Mentioned
- Axiom Materials Inc. (Kordsa Incorporated)
- Gurit (Tianjin) Composite Material Co. Ltd.
- Hexcel Corporation
- Koninklijke Ten Cate B.V. (Tennessee Acquisition Holding B.V.)
- Mitsubishi Chemical Holdings Corporation
- Park Aerospace Corp.
- Plastic Reinforcement Fabrics Ltd.
- SGL Carbon SE
- Solvay (Daikin)
- TCR Composites Inc. (ATK Launch Systems)
- Teijin Limited
- Toray Industries Inc.
Methodology
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