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Prepreg Market

Prepreg Market Size and Segment 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), and by Regions | Global Market Forecast 2022-2028

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.

Prepreg Market Revenue Graph

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.

Key Players:

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.

Market Segmentation:

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

Prepreg Market Segment Pie Chart

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

Prepreg Market Report Scope:
Report Attributes Details
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
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
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. 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

 

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

 

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

12.3 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

 

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Secondary Research

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