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Prepreg (Pre-Impregnated Composite Fibers) - Global Market Trajectory & Analytics

  • ID: 1882059
  • Report
  • May 2021
  • Region: Global
  • 632 Pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • APCM, LLC
  • Gurit Holding AG
  • Holding Company Composite
  • Park Aerospace Corp
  • Teijin Limited
  • Toray Industries, Inc.
  • MORE

Global Prepreg (Pre-Impregnated Composite Fibers) Market to Reach $7.5 Billion by 2027


Amid the COVID-19 crisis, the global market for Prepreg (Pre-Impregnated Composite Fibers) estimated at US$5.1 Billion in the year 2020, is projected to reach a revised size of US$7.5 Billion by 2027, growing at a CAGR of 5.6% over the analysis period 2020-2027. Carbon, one of the segments analyzed in the report, is projected to record a 6.5% CAGR and reach US$4.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Glass segment is readjusted to a revised 4.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 8% CAGR


The Prepreg (Pre-Impregnated Composite Fibers) market in the U.S. is estimated at US$1.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2027 trailing a CAGR of 8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 4.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.

Aramid Segment to Record 5.5% CAGR


In the global Aramid segment, USA, Canada, Japan, China and Europe will drive the 5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$546.2 Million in the year 2020 will reach a projected size of US$767.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$651 Million by the year 2027, while Latin America will expand at a 6.6% CAGR through the analysis period.

Select Competitors (Total 94 Featured) -

  • APCM, LLC
  • Axiom Materials, Inc.
  • Gurit Holding AG
  • Hexcel Corporation
  • Holding Company Composite
  • Isola Group
  • Mitsubishi Chemical Corporation
  • Park Aerospace Corp
  • SGL Group - The Carbon Company
  • Solvay SA
  • Taiwan First Li-Bond Co., Ltd.
  • Teijin Limited
  • Toray Advanced Composites
  • Toray Industries, Inc.
  • Zoltek Companies, Inc.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • APCM, LLC
  • Gurit Holding AG
  • Holding Company Composite
  • Park Aerospace Corp
  • Teijin Limited
  • Toray Industries, Inc.
  • MORE
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • An Introduction to Pre-Impregnated Composite Fibers (Prepregs)
  • Typical Properties of Prepreg Composites
  • Resins Used in Prepregs
  • Basic Forms of Prepregs
  • Manufacture of Prepregs
  • Thermosetting Prepreg Processes
  • Thermoplastic Prepregging Processes
  • Exhibit 1: Energy Intensity of Production Processes during Prepreg Manufacture
  • Applications of Prepregs
  • Global Prepregs Market Prospects and Outlook
  • Thermosetting Resins Hold Leading Market Share
  • Carbon Fiber Prepregs: The Most Widely Used Type
  • Aerospace & Defense Emerges as the Largest End-Use Market for Prepregs
  • North America and Europe Lead, China and Asia-Pacific Exhibit Fastest Growth
  • Impact of COVID-19
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Aerospace Industry: COVID-19 Crisis Impacts Aviation Sector Affecting Growth Outlook for Prepregs
  • Exhibit 2: Global Fleet Size of Commercial Aircraft by Region (in Units) for the Years 2018 and 2038
  • Exhibit 3: Number of Gross Orders for Boeing and Airbus for the Period 2010-2019
  • Epoxy Prepreg: The Popular Resin Type
  • Aerospace MRO Market for Composite Components
  • Aircraft Interior Manufacturers Increasingly Rely on Composites
  • OAA Alternatives Emerge in Aerospace Composite Manufacturing
  • Potential Growth Opportunity for Prepregs Usage in Defense Applications
  • UAVs Offer Potential Growth Prospects for Prepregs
  • Emerging Space Exploration Missions to Augur Well for the Advanced Composites Market
  • Auto Industry’s Shift towards Fuel Efficient Vehicles Fuels Demand for Lightweight Composites, Benefiting Prepregs Market
  • Exhibit 4: World Automobile Production (in Million Units) for the Period 2008-2022
  • Exhibit 5: Auto Industry’s Focus on Lightweight Construction Drives Measures to Achieve CO2 Targets: OEM Fleet Target Development in the EU (in g CO2/km)
  • Exhibit 6: Performance Characteristics of Common Lightweight Materials
  • Switch to Electric Vehicles: Opportunity for Prepregs Market
  • Exhibit 7: Global EV Sales (In Million Units) for the Years 2019, 2025 & 2030
  • Advanced Resin Materials and Production Techniques Enable Mass Manufacture of Automotive Components
  • Advancements Aimed at Addressing Curing Time Hurdles
  • Growing Importance of Renewable Energy and Need to Harness Wind Energy Spurs Use of Prepregs in Turbines
  • Exhibit 8: Global Energy Generation Mix (in %) for 2018 and 2050
  • Exhibit 9: Global Wind Power Market: Cumulated Installed Capacity (in GW) for the Years 2012 through 2018
  • Prepregs Hold Promise as Replacement for Resin-Infused Glass Fiber in Wind Blade Spar Caps
  • Need for Durable Recreational and Sports Goods & Equipment Augurs Well for Prepregs Market
  • Exhibit 10: Global Sports Equipment Market Size (in US$ Billion) for 2019, 2022 and 2025
  • Snow Skis: An Important Market for Prepregs
  • Marine Vessels Construction Moves towards Advanced Composites, Supports Prepregs Demand
  • Boat Industry Heralds the Arrival of Marine Composites
  • Carbon Fiber Prepregs Market: Superior Properties Support Growing Use in Key End-Use Markets
  • Aerospace & Defense, Automotive & Wind Energy: Major End-Use Sectors
  • Developed Regions Lead, Developing Regions to Fuel Long-term Growth
  • Challenges Facing Carbon Fiber Prepregs Market
  • Carbon Fiber Prepregs: A Intensely Competitive Market
  • Material Properties and Performance Benefits Support Demand for Thermoplastic Prepregs
  • Tow Prepregs Market: Market Growth Linked to Aerospace & Auto Industries
  • Glass Fiber Prepreg Market: An Overview
  • Non-Woven Glass Fiber Prepregs Continue to Find Increasing Use
  • Out-of-Autoclave Prepregs: A Small Yet Prominent Part of Overall Prepregs Market
  • Manufacturing Technology Advances Fuel Commodity Prepreg Applications
  • User-Friendly and Automated Prepreg Machines: Enabling Manufacture of High-Quality Prepregs
  • Chopped Prepreg Molding Compound Gains Popularity
  • Composite Tooling Prepreg Market: An Overview
  • Innovations Drive Improvements in Prepreg Efficiencies and Applications
  • A Glance at Select Innovations
  • High Cost of Recycling Prepregs Remains a Key Challenge for the Industry
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

UNITED STATES
  • Prepregs Market in the US: An Overview
  • Reinforced Applications of Textile Glass Fiber Present Growth Potential
CANADA

JAPAN

CHINA
  • Market Overview
  • An Insight into Chinese Glass Fiber Composites Market
EUROPE
  • Market Overview
  • Carbon-Fiber Reinforced Thermoplastics to Offer Competition to Glass Fibers
  • Exhibit 11: Glass Fiber Reinforced Plastic (GRP) in Europe: Production Volume in Thousand Metric Tons for 2010-2018
  • Exhibit 12: European Glass Fiber Reinforced Plastic (GFRP) Production Breakdown (in %) by Country/ Region for 2018
FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA
  • Indian Prepregs Market: An Overview
SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

AFRICA

IV. COMPETITION
  • Total Companies Profiled: 94
Note: Product cover images may vary from those shown
  • APCM, LLC
  • Axiom Materials, Inc.
  • Gurit Holding AG
  • Hexcel Corporation
  • Holding Company Composite
  • Isola Group
  • Mitsubishi Chemical Corporation
  • Park Aerospace Corp
  • SGL Group - The Carbon Company
  • Solvay SA
  • Taiwan First Li-Bond Co., Ltd.
  • Teijin Limited
  • Toray Advanced Composites
  • Toray Industries, Inc.
  • Zoltek Companies, Inc.
Note: Product cover images may vary from those shown
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