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Tow Prepreg - Company Evaluation Report, 2024

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    Report

  • 106 Pages
  • July 2025
  • Region: Global
  • Markets and Markets
  • ID: 6108870
The Tow Prepreg Companies Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Tow Prepreg. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. The publisher's 360 Quadrants evaluated over 100 companies, of which the Top 15 Tow Prepreg Companies were categorized and recognized as quadrant leaders.

Tow prepreg, also referred to as towpreg, is a specialized type of prepreg composed of continuous fiber such as carbon, glass, or basalt - that are pre-impregnated with a resin matrix. This material is commonly utilized in the production of composite structures using methods like filament winding, which is particularly effective for creating high-performance parts across various end-use sectors, including automotive and transportation, oil and gas, aerospace and defense, and sporting goods.

Carbon fibers incorporated in tow prepreg offer outstanding characteristics, including excellent abrasion and wear resistance, high modulus, enhanced strength, superior stiffness, low weight, and strong chemical resistance. These properties make them ideal for applications where minimizing weight is critical.

The 360 Quadrant maps the Tow Prepreg companies based on criteria such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the Tow Prepreg quadrant. The top criteria for product footprint evaluation included By RESIN TYPE (Epoxy, Phenolic, Other Resin Types), By FIBER TYPE (Carbon Fiber, Glass Fiber, Other Fiber Types), By APPLICATION (Pressure Vessels, Oxygen Cylinders, Scuba Tanks, Other Applications), and By END-USE INDUSTRY (Automotive & Transportation, Oil & Gas, Aerospace & Defense, Sports Equipment, Other End-use Industries).

Key Players

Key players in the Tow Prepreg market include major global corporations and specialized innovators such as Tcr Composites, Inc., Sgl Carbon, Eneos Holdings, Inc., Teijin Limited, Mitsubishi Chemical Carbon Fiber And, Composites, Inc., Hexcel Corporation, Porcher Industries, Red Composites, Vitech Composites, Arisawa Manufacturing Co., Ltd., Toray Industries, Inc., 3M, Kordsa, Gurit Services Ag, and Huntsman International Llc. These companies are actively investing in research and development, forming strategic partnerships, and engaging in collaborative initiatives to drive innovation, expand their global footprint, and maintain a competitive edge in this rapidly evolving market.

Top 3 Companies

Teijin Limited

Teijin Limited is a prominent player in the tow prepreg sector, known for its high-performance pre-impregnated materials branded under Tenax. The company focuses extensively on research and development to advance its product offerings, including high-temperature resins and tailored sizing. Its strategic expansions and the acquisition of suppliers aim to meet increasing global demand, strengthening its market positioning and share . This ongoing innovation and strategic development align with its objective to dominate high-end applications across diverse industries.

Hexcel Corporation

Hexcel Corporation leads in the aviation and aerospace sectors, providing advanced tow prepreg materials. Under its Composite Materials segment, it markets Hex Tow®, a series of lightweight, high-performance solutions used extensively in aerospace, defense, and industrial applications. With 22 manufacturing facilities globally, Hexcel maintains a robust market presence, enhancing its product portfolio to meet growing industry demands. The focus on strategic growth and market expansion has solidified its position as a top contender in the tow prepreg market.

ENEOS Holdings, Inc.

As a part of ENEOS Techno Materials Corporation, ENEOS Holdings offers diverse tow prepreg solutions combining fibers like carbon and glass with resin systems. The company is leveraging its expertise in carbon fiber composites to drive innovations suitable for broad applications including automotive and industrial sectors . Its commitment to developing innovative solutions supports its substantial role in the market, reinforced by strategic partnerships and client-centered improvements.

Table of Contents

1 Introduction
1.1 Market Definition
1.2 Inclusions and Exclusions of Study
1.3 Stakeholders
2 Executive Summary
3 Market Overview
3.1 Market Dynamics
3.1.1 Drivers
3.1.1.1 Increasing Demand for Hydrogen Storage Pressure Vessels
3.1.1.2 Rising Demand for Carbon Fiber Tow Prepreg in End-Use Industries
3.1.2 Restraints
3.1.2.1 High Processing and Manufacturing Costs
3.1.2.2 Compliance & Regulatory Issues
3.1.3 Opportunities
3.1.3.1 Increasing Use of Tow Prepregs in Aerospace & Defense Sector
3.1.3.2 Growing Demand of Tow Prepregs for Wind Turbine Blades
3.1.4 Challenges
3.1.4.1 Recyclability of Tow Prepregs
3.1.4.2 High Cost of Carbon Fiber
3.2 Porter's Five Forces Analysis
3.2.1 Threat of New Entrants
3.2.2 Threat of Substitutes
3.2.3 Bargaining Power of Suppliers
3.2.4 Bargaining Power of Buyers
3.2.5 Intensity of Competitive Rivalry
3.3 Supply Chain Analysis
3.4 Ecosystem Analysis
3.5 Technology Analysis
3.5.1 Key Technologies for Tow Prepreg Manufacturing Processes
3.5.2 Filament Winding Technology Analysis for Tow Prepreg
3.5.2.1 Wet Winding Process
3.5.2.2 Dry Winding Process
3.5.3 Complementary Technologies for Latest Manufacturin1 Process of Tow Prepreg
3.5.3.1 Hot Melt Process
3.6 Impact of Ai/Gen Ai on Tow Prepreg Market
3.6.1 Top Use Cases and Market Potential
3.6.2 Best Practices in Tow Prepreg Market
3.7 Patent Analysis
3.7.1 Introduction
3.7.2 Methodology
3.7.3 Patent Types
3.7.4 Insights
3.7.5 Legal Status
3.7.6 Jurisdiction Analysis
3.7.7 Top Applicants
3.8 Trends and Disruptions Impacting Customer Business
4 Competitive Landscape
4.1 Overview
4.2 Key Player Strategies/Right to Win
4.3 Revenue Analysis
4.4 Market Share Analysis
4.5 Brand/Product Comparative Analysis
4.6 Company Evaluation Matrix: Key Players, 2023
4.6.1 Stars
4.6.2 Emerging Leaders
4.6.3 Pervasive Players
4.6.4 Participants
4.6.5 Company Footprint: Key Players, 2023
4.6.5.1 Company Footprint
4.6.5.2 Resin Type Footprint
4.6.5.3 Fiber Type Footprint
4.6.5.4 Application Footprint
4.6.5.5 End-Use Industry Footprint
4.6.5.6 Region Footprint
4.7 Company Evaluation Matrix: Startups/Smes, 2023
4.7.1 Progressive Companies
4.7.2 Responsive Companies
4.7.3 Dynamic Companies
4.7.4 Starting Blocks
4.7.5 Competitive Benchmarking of Key Startups/Smes
4.7.5.1 Detailed List of Key Startups/Smes
4.7.5.2 Competitive Benchmarking of Key Startups/Smes
4.8 Valuation and Financial Metrics of Tow Prepreg Vendors
4.9 Competitive Scenario
4.9.1 Product Launches
4.9.2 Deals
4.9.3 Expansions
5 Company Profiles
5.1 Key Players
5.1.1 Tcr Composites, Inc.
5.1.1.1 Business Overview
5.1.1.2 Products Offered
5.1.1.3 Analyst's View
5.1.1.3.1 Key Strengths
5.1.1.3.2 Strategic Choices
5.1.1.3.3 Weaknesses and Competitive Threats
5.1.2 Sgl Carbon
5.1.2.1 Business Overview
5.1.2.2 Products Offered
5.1.2.3 Recent Developments
5.1.2.3.1 Deals
5.1.2.4 Analyst's View
5.1.2.4.1 Key Strengths
5.1.2.4.2 Strategic Choices
5.1.2.4.3 Weaknesses and Competitive Threats
5.1.3 Eneos Holdings, Inc.
5.1.3.1 Business Overview
5.1.3.2 Products Offered
5.1.3.3 Analyst's View
5.1.3.3.1 Key Strengths
5.1.3.3.2 Strategic Choices
5.1.3.3.3 Weaknesses and Competitive Threats
5.1.4 Teijin Limited
5.1.4.1 Business Overview
5.1.4.2 Products Offered
5.1.4.3 Analyst's View
5.1.4.3.1 Key Strengths
5.1.4.3.2 Strategic Choices
5.1.4.3.3 Weaknesses and Competitive Threats
5.1.5 Mitsubishi Chemical Carbon Fiber and Composites, Inc.
5.1.5.1 Business Overview
5.1.5.2 Products Offered
5.1.5.3 Analyst's View
5.1.5.3.1 Key Strengths
5.1.5.3.2 Strategic Choices
5.1.5.3.3 Weaknesses and Competitive Threats
5.1.6 Hexcel Corporation
5.1.6.1 Business Overview
5.1.6.2 Products Offered
5.1.6.3 Recent Developments
5.1.6.3.1 Product Launches
5.1.6.4 Analyst's View
5.1.6.4.1 Key Strengths
5.1.6.4.2 Strategic Choices
5.1.6.4.3 Weaknesses and Competitive Threats
5.1.7 Porcher Industries
5.1.7.1 Business Overview
5.1.7.2 Products Offered
5.1.7.3 Recent Developments
5.1.7.3.1 Deals
5.1.7.4 Analyst's View
5.1.7.4.1 Key Strengths
5.1.7.4.2 Strategic Choices
5.1.7.4.3 Weaknesses and Competitive Threats
5.1.8 Red Composites
5.1.8.1 Business Overview
5.1.8.2 Products Offered
5.1.8.3 Recent Developments
5.1.8.3.1 Deals
5.1.8.4 Analyst's View
5.1.8.4.1 Key Strengths
5.1.8.4.2 Strategic Choices
5.1.8.4.3 Weaknesses and Competitive Threats
5.1.9 Vitech Composites
5.1.9.1 Business Overview
5.1.9.2 Products Offered
5.1.9.3 Analyst's View
5.1.9.3.1 Key Strengths
5.1.9.3.2 Strategic Choices
5.1.9.3.3 Weaknesses and Competitive Threats
5.1.10 Arisawa Manufacturing Co., Ltd.
5.1.10.1 Business Overview
5.1.10.2 Products Offered
5.1.10.3 Analyst's View
5.1.10.3.1 Key Strengths
5.1.10.3.2 Strategic Choices
5.1.10.3.3 Weaknesses and Competitive Threats
5.1.11 Toray Industries, Inc.
5.1.11.1 Business Overview
5.1.11.2 Products Offered
5.1.11.3 Recent Developments
5.1.11.3.1 Expansions
5.1.11.4 Analyst's View
5.1.11.4.1 Key Strengths
5.1.11.4.2 Strategic Choices
5.1.11.4.3 Weaknesses and Competitive Threats
5.1.12 3M
5.1.12.1 Business Overview
5.1.12.2 Products Offered
5.1.12.3 Analyst's View
5.1.12.3.1 Key Strengths
5.1.12.3.2 Strategic Choices
5.1.12.3.3 Weaknesses and Competitive Threats
5.1.13 Kordsa
5.1.13.1 Business Overview
5.1.13.2 Products Offered
5.1.13.3 Analyst's View
5.1.13.3.1 Key Strengths
5.1.13.3.2 Strategic Choices
5.1.13.3.3 Weaknesses and Competitive Threats
5.1.14 Gurit Services Ag
5.1.14.1 Business Overview
5.1.14.2 Products Offered
5.1.14.3 Analyst's View
5.1.14.3.1 Key Strengths
5.1.14.3.2 Strategic Choices
5.1.14.3.3 Weaknesses and Competitive Threats
5.1.15 Huntsman International LLC
5.1.15.1 Business Overview
5.1.15.2 Products Offered
5.1.15.3 Recent Developments
5.1.15.3.1 Deals
5.1.15.4 Analyst's View
5.1.15.4.1 Key Strengths
5.1.15.4.2 Strategic Choices
5.1.15.4.3 Weaknesses and Competitive Threats
5.2 Other Players
5.2.1 Go Composites
5.2.2 Advanced Material Systems Co.
5.2.3 Arrow Advance Materials Private Limited
5.2.4 Castro Composites
5.2.5 Compositence GmbH
5.2.6 Jiangsu Hengshen Co., Ltd.
5.2.7 Cst Composites
5.2.8 Hyperdrivecarbon
5.2.9 High Gain Industrial Limited
5.2.10 Rock West Composites, Inc.
6 Appendix
6.1 Research Methodology
6.1.1 Research Data
6.1.1.1 Secondary Data
6.1.1.2 Primary Data
6.1.2 Research Assumptions
6.1.3 Research Limitations and Risk Assessment
6.2 Company Evaluation Matrix: Methodology
List of Tables
Table 1 Tow Prepreg Market: Porter's Five Forces Analysis
Table 2 Tow Prepreg Market: Role in Ecosystem
Table 3 Comparative Study of Key Tow Prepreg Manufacturing Processes
Table 4 Top Use Cases and Market Potential
Table 5 Best Practices: Companies Implementing Use Cases
Table 6 Tow Prepreg Market: Total Number of Patents
Table 7 List of Patents by Mitsubishi Chemical Corporation
Table 8 List of Mitsubishi Rayon Co., Ltd.
Table 9 US: Top 10 Patent Owners in Last 10 Years
Table 10 Strategies Adopted by Tow Prepreg Manufacturers
Table 11 Tow Prepreg Market: Degree of Competition
Table 12 Tow Prepreg Market: Resin Type Footprint
Table 13 Tow Prepreg Market: Fiber Type Footprint
Table 14 Tow Prepreg Market: Application Footprint
Table 15 Tow Prepreg Market: End-Use Industry Footprint
Table 16 Tow Prepreg Market: Region Footprint
Table 17 Tow Prepreg Market: Detailed List of Key Startups/Smes
Table 18 Tow Prepreg Market: Competitive Benchmarking of Key Startups/Smes
Table 19 Tow Prepreg Market: Product Launches, January 2019-December 2024
Table 20 Tow Prepreg Market: Deals, January 2019-December 2024
Table 21 Tow Prepreg Market: Expansions, January 2019-December 2024
Table 22 Tcr Composites, Inc.: Company Overview
Table 23 Tcr Composites, Inc.: Products Offered
Table 24 Sgl Carbon: Company Overview
Table 25 Sgl Carbon: Products Offered
Table 26 Sgl Carbon: Deals, January 2019-December 2024
Table 27 Eneos Holdings, Inc.: Company Overview
Table 28 Eneos Holdings, Inc.: Products Offered
Table 29 Teijin Limited: Company Overview
Table 30 Teijin Limited: Products Offered
Table 31 Mitsubishi Chemical Carbon Fiber and Composites, Inc.: Company Overview
Table 32 Mitsubishi Chemical Carbon Fiber and Composites, Inc.: Products Offered
Table 33 Hexcel Corporation: Company Overview
Table 34 Hexcel Corporation: Products Offered
Table 35 Hexcel Corporation: Product Launches, January 2019-December 2024
Table 36 Porcher Industries: Company Overview
Table 37 Porcher Industries: Products Offered
Table 38 Porcher Industries: Deals, January 2019-December 2024
Table 39 Red Composites: Company Overview
Table 40 Red Composites: Products Offered
Table 41 Red Composites: Deals, January 2019-December 2024
Table 42 Vitech Composites: Company Overview
Table 43 Vitech Composites: Products Offered
Table 44 Arisawa Manufacturing Co., Ltd.: Company Overview
Table 45 Arisawa Manufacturing Co., Ltd.: Products Offered
Table 46 Toray Industries, Inc.: Company Overview
Table 47 Toray Industries, Inc.: Products Offered
Table 48 Toray Industries, Inc.: Expansions, January 2019-December 2024
Table 49 3M: Company Overview
Table 50 3M: Products Offered
Table 51 Kordsa: Company Overview
Table 52 Kordsa: Products Offered
Table 53 Gurit Services Ag: Company Overview
Table 54 Gurit Services Ag: Products Offered
Table 55 Huntsman International LLC: Company Overview
Table 56 Huntsman International LLC: Products Offered
Table 57 Huntsman International LLC: Deals, January 2019-December 2024
Table 58 Go Composites: Company Overview
Table 59 Advanced Material Systems Co.: Company Overview
Table 60 Arrow Advance Materials Private Limited: Company Overview
Table 61 Castro Composites: Company Overview
Table 62 Compositence GmbH: Company Overview
Table 63 Jiangsu Hengshen Co., Ltd.: Company Overview
Table 64 Cst Composites: Company Overview
Table 65 Hyperdrivecarbon: Company Overview
Table 66 High Gain Industrial Limited: Company Overview
Table 67 Rock West Composites, Inc.: Company Overview
List of Figures
Figure 1 Epoxy Resin Segment to Dominate Market During Forecast Period
Figure 2 Carbon Fiber Segment Accounted for Largest Market Share in 2023
Figure 3 Pressure Vessels Segment Dominated Market in 2023
Figure 4 Oil & Gas Segment Held Largest Share in 2023
Figure 5 Asia-Pacific to Register Highest Growth During Forecast Period
Figure 6 Tow Prepreg Market: Drivers, Restraints, Opportunities, and Challenges
Figure 7 Global Hydrogen Fuel Cell Vehicles Data, 2010-2022
Figure 8 Tow Prepreg Market: Porter's Five Forces Analysis
Figure 9 Tow Prepreg Market: Supply Chain Analysis
Figure 10 Tow Prepreg Market: Key Stakeholders in Ecosystem
Figure 11 Tow Prepreg Market: Ecosystem
Figure 12 Patent Analysis, by Patent Type
Figure 13 Patent Publication Trends, 2014-2024
Figure 14 Tow Prepreg Market: Legal Status of Patents
Figure 15 Us Jurisdiction Registered Highest Number of Patents
Figure 16 Boeing Company Registered Highest Number of Patents
Figure 17 Trends/Disruptions Impacting Customer Business in Tow Prepreg Market
Figure 18 Tow Prepreg Market: Revenue Analysis of Key Players, 2019-2023 (USD Million)
Figure 19 Tow Prepreg Market Share Analysis, 2023
Figure 20 Tow Prepreg Market: Top Trending Brand/Product Analysis
Figure 21 Brand/Product Comparative Analysis, by Tow Prepreg Product
Figure 22 Tow Prepreg Market: Company Evaluation Matrix (Key Players), 2023
Figure 23 Tow Prepreg Market: Company Footprint
Figure 24 Tow Prepreg Market: Company Evaluation Matrix (Startups/Smes), 2023
Figure 25 Tow Prepreg Market: Ev/Ebitda of Key Vendors
Figure 26 Year-To-Date (Ytd) Price Total Return And
5-Year Stock Beta of Key Vendors
Figure 27 Sgl Carbon: Company Snapshot
Figure 28 Eneos Holdings, Inc.: Company Snapshot
Figure 29 Teijin Limited: Company Snapshot
Figure 30 Hexcel Corporation: Company Snapshot
Figure 31 Arisawa Manufacturing Co., Ltd.: Company Snapshot
Figure 32 Toray Industries, Inc.: Company Snapshot
Figure 33 3M: Company Snapshot
Figure 34 Kordsa: Company Snapshot
Figure 35 Gurit Services Ag: Company Snapshot
Figure 36 Huntsman International LLC: Company Snapshot
Figure 37 Tow Prepreg Market: Research Design

Companies Mentioned

  • Tcr Composites, Inc.
  • Sgl Carbon
  • Eneos Holdings, Inc.
  • Teijin Limited
  • Mitsubishi Chemical Carbon Fiber and Composites, Inc.
  • Hexcel Corporation
  • Porcher Industries
  • Red Composites
  • Vitech Composites
  • Arisawa Manufacturing Co., Ltd.
  • Toray Industries, Inc.
  • 3M
  • Kordsa
  • Gurit Services Ag
  • Huntsman International LLC
  • Go Composites
  • Advanced Material Systems Co.
  • Arrow Advance Materials Private Limited
  • Castro Composites
  • Compositence GmbH
  • Jiangsu Hengshen Co., Ltd.
  • Cst Composites
  • Hyperdrivecarbon
  • High Gain Industrial Limited
  • Rock West Composites, Inc.