Global Prepreg Market 2021-2025

Global Prepreg Market 2021-2025

Technavio has been monitoring the prepreg market and it is poised to grow by $ 2.08 bn during 2021-2025, progressing at a CAGR of 6.84% during the forecast period. Our report on the prepreg market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the demand for lightweight materials in automotive sector and rising population, urbanization, and increasing power requirement. In addition, the demand for lightweight materials in automotive sector is anticipated to boost the growth of the market as well.

The prepreg market analysis includes type and application segments and geographic landscape.

Technavio's prepreg market is segmented as below:

By Type

• Carbon fiber
• Glass fiber
• Aramid fiber

By Application

• Aerospace and defense
• Wind energy
• Automotive
• Others

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• MEA

This study identifies the high-performance composites replacing metals in key applicationsas one of the prime reasons driving the prepreg market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on prepreg market covers the following areas:

• Prepreg market sizing
• Prepreg market forecast
• Prepreg market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading prepreg market vendors that include Celanese Corp., Gurit Holding AG, Haci Omer Sabanci Holding AS, Hexcel Corp., Mitsubishi Chemical Corp., Park Aerospace Corp., SGL Carbon SE, Solvay SA, Teijin Ltd., and Toray TCAC Holding BV. Also, the prepreg market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

Celanese Corp., Gurit Holding AG, Haci Omer Sabanci Holding AS, Hexcel Corp., Mitsubishi Chemical Corp., Park Aerospace Corp., SGL Carbon SE, Solvay SA, Teijin Ltd., Toray TCAC Holding BV