The Carbon Prepreg Market size is estimated at USD 7.73 billion in 2024, and is expected to reach USD 12.01 billion by 2029, growing at a CAGR of 9.21% during the forecast period (2024-2029).
Due to the COVID-19 outbreak tourism sector was affected negatively which affected the aerospace industry. However, the easing of lockdowns and countries lifting travel restrictions led to increased traveling in the years 2021 and 2022 which helped the carbon prepreg market reach pre-pandemic levels.
The global carbon prepreg market is consolidated, with the top five players accounting for a major market share studied. Major players in the market (not in any particular order) include TEIJIN LIMITED, Hexcel Corporation, TORAY INDUSTRIES, INC., SGL Carbon, and Solvay, among others.
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