The Carbon Fiber Prepreg market touched xxx million USD with a CAGR xx % from 2015-2019 around the world. In the future, it is predicted to reach xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Carbon fibers are fibers composed mostly of carbon atoms and have a diameter of about 3-15 micrometers. The carbon atoms are bonded together in crystals, which are aligned parallel to the long axis of the fiber. This alignment gives the fiber a high strength-to-volume ratio. Prepregs are materials consisting of reinforcing fibers that are pre-impregnated with thermoset and thermoplastic resins. These products are cured under high temperature and pressure and have properties that can be useful for a wide range of applications.
The aerospace & defense segment is leading the carbon fiber prepreg market, in terms of value and volume. Carbon fiber prepregs are lightweight and offer resistance to moisture, chemicals, and corrosion. They exhibit increased operational stability at high temperatures in comparison to materials made of other conventional materials, such as thermoset composites and metallic alloys. As such, carbon fiber prepregs are being increasingly used in the aerospace & defense industry.
The North America carbon fiber prepreg market is projected to grow at the highest CAGR during the forecast period, 2018 to 2023. Increasing demand for carbon fiber prepregs from the aerospace & defense and automotive industries of the region is fueling the growth of the North America carbon fiber prepreg market.
s the report focuses on global Carbon Fiber Prepreg market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In global market, the following companies are covered:
Cytec Solvay
Gurit
Hexcel
Teijin
Royal Tencate
Axiom Materials
Dexcraft
Toray
Mitsubishi Rayon
Park Electrochemical
Market Segment by Product Type:
Epoxy
Phenolic
Bismaleimide (BMI)
Cyanate Ester
Thermoplastic
Others
Market Segment by Application:
Aerospace & Defense
Automotive
Sports & Leisure
Wind
Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Carbon Fiber Prepreg market for the forecast period 2020 - 2025?
• What are the driving forces in the Carbon Fiber Prepreg market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Carbon Fiber Prepreg industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?