Global Prepreg Market – Boosting the Growth Worldwide 2027
Prepreg is a coordinated material produced using to some degree relieved polymer framework and pre-impregnated strands, for example, phenolic gum, epoxy, pitches or thermoplastic blended in with fluid rubbers. The future of the worldwide prepreg market looks encouraging for open doors in the business, military/guard, aviation, space/satellite, sports, sea, wind energy, designing enterprises and different ventures. The utilization of prepreg has expanded drastically in the flight, auto, and different ventures. In this way, compounds as prepreg add to over half of the load in the development of huge vehicle airplane. Nonetheless, extra use is limited because of the significant expense of merchandise and creation materials.
ChemIntel360’s global Prepreg market study is a 170+ slide report containing in depth analysis on historical and forecasted spending and consumption patterns in the sector. We offer granular value and volume data from a global, regional, applications, and end-use industry perspective. Despite the adverse effects of the COVID-19 pandemic, the industry is expected to rebound strongly and grow at a CAGR of 10.6% over 2021-2026. The leading factor driving growth is the chemical’s extensive use in manufacture of light weight and durable component parts, the demand for which has witnessed robust growth in light of increasing fuel efficiency requirements in aerospace and automotive industries.
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Scope
This study contains global and regional market size data - value and volume. The numbers are broken down by end use (Automotive, Aerospace and Defense, Wind Energy, Sporting Goods, and Others), and by reinforcement type (Carbon Fiber, Glass Fiber, and Others) and by resin type (Thermoset, Thermoplastic) . The historical period runs through 2015-2020 and the forecasted period from 2021-2026
Market Overview
The global Prepreg market, which grew from US$X.X billion in 2015 to US$X.X billion in 2019, dropped marginally to US$6.10 billion in 2020, due to the ongoing COVID-19 pandemic. Spending is expected to recover in 2021 to value US$X.X billion and increase to US$X.X billion in 2026 at a CAGR of X%. Cumulatively the market is expected to value US$X.X billion during the forecast period as compared to US$X.X billion during the historical period.
Geographical Analysis
The dimethyl carbonate market size has spread worldwide, like North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Key Players
Some key players operating in the prepreg market include Park Electrochemical Corp., Axiom Materials, Inc., Mitsubishi Rayon Co., LTD, Royal Ten Cate NV, Teijin Limited, Hexcel Corporation, Gurit Holding, SGL Group, Toray Industries, and Cytec Industries.
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ChemIntel360, part of AgileIntel’s broader research offering, provides an integrated portfolio of quantitative and qualitative research reports on the chemicals sector. Our studies make use of credible market intelligence.
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