image

Prepreg Market Report Scope & Overview:

The Prepreg Market Size was valued at USD 7.84 billion in 2022, and is expected to reach USD 17.43 billion by 2030, and grow at a CAGR of 10.5% over the forecast period 2023-2030. 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.

Prepreg Market Revenue Analysis

Get E-PDF Sample Report on Prepreg Market - Request Sample Report

Market Dynamics:

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.

Opportunity:

  • Sales of automobiles are increasing.

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.

Market Segmentation:

By Type of Fiber Reinforcement:

  • Carbon Fiber Prepreg

  • Glass Fiber Prepreg

  • Others

By Resin Type:

  • Thermoset Prepreg

  • Thermoplastic Prepreg

By Form:

By Manufacturing Process:

  • Hot-Melt Process

  • Solvent Dip Process

By Application:

  • Aerospace & Defense

  • Wind Energy

  • Automotive

  • Sporting Goods

  • Electronics (PCB)

  • Others

Prepreg Market Segmentation Analysis

Get Customized Report as per your Business Requirement - Request For Customized Report

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The 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

Key Players:

Mitsubishi Chemical Group 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.

Park Aerospace Corp-Company Financial Analysis

​​​​​​​

Prepreg Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 7.84 Billion
Market Size by 2030 US$ 17.43 Billion
CAGR CAGR of 10.5% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
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

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. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

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

8.3 Others

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

11. Prepreg Market Segment, By Manufacturing Process

11.1 Hot-Melt Process

11.2 Solvent Dip Process

12. Prepreg Market Segment, By Application

12.1 Aerospace & Defense

12.2 Wind Energy

12.3 Automotive

12.4 Sporting Goods

12.5 Electronics (PCB)

12.6 Others

13. Regional Analysis

13.1 Introduction

13.2 North America

13.2.1 USA

13.2.2 Canada

13.2.3 Mexico

13.3 Europe

13.3.1 Germany

13.3.2 UK

13.3.3 France

13.3.4 Italy

13.3.5 Spain

13.3.6 The Netherlands

13.3.7 Rest of Europe

13.4 Asia-Pacific

13.4.1 Japan

13.4.2 South Korea

13.4.3 China

13.4.4 India

13.4.5 Australia

13.4.6 Rest of Asia-Pacific

13.5 The Middle East & Africa

13.5.1 Israel

13.5.2 UAE

13.5.3 South Africa

13.5.4 Rest

13.6 Latin America

13.6.1 Brazil

13.6.2 Argentina

13.6.3 Rest of Latin America

14. Company Profile

14.1 Mitsubishi Chemical Holdings Corporation

14.1.1 Financial

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

16. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Start a Conversation

Hi! Click one of our member below to chat on Phone