Report Id: SNS/C&M/1726 | June 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Prepreg Market Size was valued at USD 7.1 billion in 2021, and is expected to reach USD 14.44 billion by 2028, and grow at a CAGR of 10.5% over the forecast period 2022-2028. A reinforcing fabric that has been impregnated with a resin system before usage is referred to as prepreg. A curing agent is used in this resin system, which is commonly epoxy. As a result, the product is ready to be poured into the mould without any more resin. They're used in a wide range of industries, including motorsports, aeroplanes, athletic goods, and commercial products.
Impact of Covid-19:
The coronavirus outbreak has hampered the growth of the prepreg market globally, since demand from the automotive and aerospace & military industries has decreased. The epidemic has disrupted operations and the global supply chain in a variety of end-use sectors. As a result of the interruptions, markets have been stalled or shut altogether. As a result of the extensive use of lockdown and travel restrictions, the automotive and aerospace sectors have stagnated. In addition, the application of safety standards and crowd control limits resulted in the closing of public areas, which had an influence on the sports products business. COVID-19 alleviation goods such as gloves, masks, and sanitizers have had their production lines relocated or modified across a variety of end-use sectors.
Supply Chain Analysis:
The process of examining every stage and action taken by stakeholders engaged in the production and distribution of prepreg is known as supply chain analysis. Raw materials and suppliers, prepreg makers, distribution routes, and end-use industries are all part of the supply chain. The most prevalent materials utilised in prepreg structures are advanced fibres such as carbon fibre and aramid, as well as high-quality epoxy resins. Distributors, wholesalers, and e-commerce merchants make up the distribution channel in this sector.
Mitsubishi Chemical Holdings Corporation, Park Aerospace Corp., Solvay Group, Gurit Holding AG, Teijin Limited, Plastic Reinforcement Fabrics Ltd., Hexcel Corporation, SGL Group, Toray Industries Inc., Axiom Materials, and other players.
By Type of Fiber Reinforcement:
Carbon Fiber Prepreg
Glass Fiber Prepreg
By Resin Type:
By Manufacturing Process:
Solvent Dip Process
Aerospace & Defense
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2021||US$ 7.1 Billion|
|Market Size by 2028||US$ 14.44 Billion|
|CAGR||CAGR of 10.5% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Type of Fiber Reinforcement (Carbon Fiber Prepreg, Glass Fiber Prepreg, Others)
• By Resin Type (Thermoset Prepreg, Thermoplastic Prepreg)
• By Form (Tow Prepreg, Fabric Prepreg)
• By Manufacturing Process (Hot-Melt Process, Solvent Dip Process)
• By Application (Aerospace & Defense, Wind Energy, Automotive, Sporting Goods, Electronics (PCB), Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Mitsubishi Chemical Holdings Corporation, Park Aerospace Corp., Solvay Group, Gurit Holding AG, Teijin Limited, Plastic Reinforcement Fabrics Ltd., Hexcel Corporation, SGL Group, Toray Industries Inc., Axiom Materials, and other players.|
|DRIVERS||• Demand from aircraft industry is on the rise.
• Demand for renewable energy is high.
• Sales of automobiles are increasing.
|Restraints||• Prepregs are expensive.
• Processing and manufacturing costs are high.
Frequently Asked Questions (FAQ) :
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Mitsubishi Chemical Holdings Corporation (Japan), Park Aerospace Corp. (United States), Solvay Group (Belgium), Gurit Holding AG (Switzerland), Teijin Limited (Japan), Plastic Reinforcement Fabrics Ltd. (United Kingdom), Hexcel Corporation (United States), SGL Group (Germany), Toray Industries, Inc. (Japan) and Axiom Materials (United States).
Ans: The coronavirus outbreak has hampered the growth of the prepreg market globally, since demand from the automotive and aerospace & military industries has decreased. The epidemic has disrupted operations and the global supply chain in a variety of end-use sectors. As a result of the interruptions, markets have been stalled or shut altogether. As a result of the extensive use of lockdown and travel restrictions, the automotive and aerospace sectors have stagnated. In addition, the application of safety standards and crowd control limits resulted in the closing of public areas, which had an influence on the sports products business. COVID-19 alleviation goods such as gloves, masks, and sanitizers have had their production lines relocated or modified across a variety of end-use sectors.
Ans: Prepregs are expensive and Processing and manufacturing costs are high are the restraints for Prepreg Market.
Ans: Prepreg Market Size was valued at USD 7.1 billion in 2021, and expected to reach USD 14.44 billion by 2028, and grow at a CAGR of 10.5 % over the forecast period 2022-2028.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of Ukraine-Russia War
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Prepreg Market Segment, By Type of Fiber Reinforcement
8.1 Carbon Fiber Prepreg
8.2 Glass Fiber Prepreg
9. Prepreg Market Segment, By Resin Type
9.1 Thermoset Prepreg
9.2 Thermoplastic Prepreg
10. Prepreg Market Segment, By Form
10.1 Tow Prepreg
10.2 Fabric Prepreg
14. Prepreg Market Segment, By Manufacturing Process
14.1 Hot-Melt Process
14.2 Solvent Dip Process
12. Prepreg Market Segment, By Application
12.1 Aerospace & Defense
12.2 Wind Energy
12.4 Sporting Goods
12.5 Electronics (PCB)
13. Regional Analysis
13.2 North America
13.3.6 The Netherlands
13.3.7 Rest of Europe
13.4.2 South Korea
13.4.6 Rest of Asia-Pacific
13.5 The Middle East & Africa
13.5.3 South Africa
13.6 Latin America
13.6.3 Rest of Latin America
14. Company Profile
14.1 Mitsubishi Chemical Holdings Corporation
14.1.2 Products/ Services Offered
14.1.3 SWOT Analysis
14.1.4 The SNS view
14.2 Park Aerospace Corp.
14.3 Solvay Group
14.4 Gurit Holding AG
14.5 Teijin Limited
14.6 Plastic Reinforcement Fabrics Ltd.
14.7 Hexcel Corporation
14.8 SGL Group
14.9 Toray Industries, Inc.
14.10 Axiom Materials
15. Competitive Landscape
15.1 Competitive Benchmark
15.2 Market Share analysis
15.3 Recent Developments
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