Carbon Prepreg Market Report and Forecast 2025-2034

The global carbon prepreg market stood at a value of above USD 9.32 Billion in 2024. The market is further expected to grow at a CAGR of 9.30% in the forecast period of 2025-2034 to attain a value of more than USD 22.68 Billion by 2034.

Heightened Demand for Thermoset Resin to Bolster the Growth of the Carbon Prepreg Industry

Based on resin type, the thermoset segment is expected to account for a significant share of the market in the forecast period. This can be attributed to the beneficial attributes of thermoset resins, including their processibility at room temperature. In addition, thermoset resins are ideal for the manufacturing of adhesives, coatings, and fibre re-enforced plastics. Moreover, thermoset resins are strong, durable, and thermally resistant after curing, which make them suitable for the application in demanding and heavy operations.

Europe to Provide Significant Growth Opportunities to the Carbon Prepreg Industry

The carbon prepreg industry in Europe is driven by the high demand for energy in countries like Ireland, France, and Germany, among others, in order to sustain heavy operations in various industries including food processing, aerospace and defence, automotive, and electrical and electronics, among others. Additionally, the development of engine production plants in Germany is likely to augment the market growth in the region. Furthermore, the presence of system integrators and defence equipment manufacturers in the region are estimated to further support the market growth.

Carbon Prepreg Market Segmentation

Carbon prepreg is defined as a material which is obtained by pre-impregnating carbon with resins and then curing it. In addition, carbon prepreg offers a high strength-to-weight ratio and is resilient to corrosion and fire.

Based on resin type, the market is segmented into:

• Thermoset
• Thermoplastic

The major end user industries of carbon prepreg include:

• Aerospace and Defence
• Energy
• Automotive
• Leisure
• Electronics
• Others

Market Breakup by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Rising Application of Carbon Prepreg in Various Sectors to Boost the Growth of Carbon Prepreg Industry

The global carbon prepreg industry is driven by the rising application of carbon prepreg in aerospace and defence, automotive, energy, sports, and electronics industry, among others. Carbon prepreg is a crucial component in the manufacturing of aerospace and defence equipment due to the strength, structural performance, and durability offered by the product. In addition to this, the growing demand for various sporting equipment such as fishing rod, badminton rackets, bicycles, roller-skates, pull-up rods, and dumbbells, among others is likely to provide impetus to the market growth. Furthermore, the rapid development of industrial plants is likely to generate a considerable demand for the product in the forecast period.

Key Industry Players in the Global Carbon Prepreg Market

The report gives a detailed analysis of the following key players in the global carbon prepreg market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• ACP Composites, Inc
• Hexcel Corporation
• Lingol Corporation
• SGL Carbon SE
• Solvay S.A.
• Others

The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.