Global CFRTP Prepreg Market Growth 2023-2029
The global CFRTP Prepreg market size is projected to grow from US$ 399 million in 2022 to US$ 615.2 million in 2029; it is expected to grow at a CAGR of 615.2 from 2023 to 2029.
Global key players of CFRTP Prepreg include Toray, Victrex,Teijin, Solvay and Evonik Industries. The top five players hold a share over 70%. Toray is the largest producer, with a share about 30%. Asia-Pacific is the largest market of CFRTP Prepreg, with a share of about 37%, followed by North America and Europe, with shares of 24% and 36% separately. In terms of product type, PEEK is the largest segment, with a share about 38%. And in terms of application, aerospace and defense is the largest application, with a share about 58 percent.
CFRTP(Carbon Fiber Reinforced Thermo-Plastics)is also called thermoplastic CFRP, is a composite cured-formed using thermoplastic resin instead of thermosetting resin as the impregnating material. Pre-preg is a composite material made from "pre-impregnated" fibers and a partially cured polymer matrix, such as epoxy or phenolic resin, or even thermoplastic mixed with liquid rubbers or resins. The fibers often take the form of a weave and the matrix is used to bond them together and to other components during manufacture.
LPI (LP Information)' newest research report, the “CFRTP Prepreg Industry Forecast” looks at past sales and reviews total world CFRTP Prepreg sales in 2022, providing a comprehensive analysis by region and market sector of projected CFRTP Prepreg sales for 2023 through 2029. With CFRTP Prepreg sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world CFRTP Prepreg industry.
This Insight Report provides a comprehensive analysis of the global CFRTP Prepreg landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on CFRTP Prepreg portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global CFRTP Prepreg market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for CFRTP Prepreg and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global CFRTP Prepreg.
This report presents a comprehensive overview, market shares, and growth opportunities of CFRTP Prepreg market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
PEEK
PPS
PA
PI
PC
Others
Segmentation by application
Aerospace and Defense
Automotive
Sports & Leisure
Medical
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Toray
Victrex
Teijin
Solvay
Evonik Industries
Mitsui Chemicals
LANXESS
Covestro
Barrday
Ensinger
SGL Carbon
Suprem
SHINDO Co
Fibrtec
JISDOM
Suzhou noen
Mitsubishi Chemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global CFRTP Prepreg market?
What factors are driving CFRTP Prepreg market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do CFRTP Prepreg market opportunities vary by end market size?
How does CFRTP Prepreg break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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