Home Press Releases Prepreg Market to reach USD 24.65 Bn at a CAGR of 10.3 percent by the end of the forecast period

Prepreg Market to reach USD 24.65 Bn at a CAGR of 10.3 percent by the end of the forecast period

by Press Room


(EMAILWIRE.COM, March 30, 2023 ) As per Maximize Market research, the total global market for “Prepreg Market” was USD 11.25 Bn in 2021 and is expected to grow at a CAGR of 10.3 percent over the forecast period to reach USD 24.65 Bn by 2029.

Prepreg Market Report Scope and Research Methodology

The market research was conducted by dividing the prepreg market into four main segments which were further divided into various sub-segments. The primary and secondary data collected through exhaustive research for the report were combined to make the report authentic. The bottom-up approach was used to estimate the regional and global prepreg market size.

Request For Free Sample Report : https://www.maximizemarketresearch.com/request-sample/163999

Prepreg Market Dynamics

The increasing demand for prepreg materials due to their properties like strength, lightness and ability to be molded into complicated forms in the automotive industry is driving the prepreg market growth. The factor that is hampering the market growth is the high processing and manufacturing cost.

Prepreg Market Regional Insights

The North America region held the largest prepreg market share of 35 percent in 2021 and is expected to grow at a CAGR of 6.8 percent during the forecast period.

Get a Sample Copy of the Report : https://www.maximizemarketresearch.com/request-sample/163999

Prepreg Market Segmentation

By Fiber

Carbon

Glass

Aramid

By Resin

Thermoset

Thermoplastic

By Manufacturing Process

Hot-melt

Solvent dip

By Application

Aerospace & Defense

Automotive

Wind Energy

Sporting Goods

Others

Prepreg Market Key Competitors include:

Mitsubishi Rayon Co. Ltd.

PRF Composite Materials

Barrday Corporation

GMS Composites

Hankuk Carbon

ABC Composites

Solvay

Teijin Limited

Park Electrochemical Corporation

Axiom Materials

Hc Composite

Kineco

Taiwan First Li-Bond Co., Ltd.

North Thin Ply Technology

TCR Composites

Toray Industries Inc.

Hexcel Corporation

Gurit Holding Ag

Royal Tencate N.V.

Get the Sample PDF of Report: https://www.maximizemarketresearch.com/request-sample/163999

Maximize Market Research is leading Material & Chemical research firm, has also published the following reports:

Glass Fiber Prepreg Market– The market size is expected to reach USD 2.96 billion by 2029 at a CAGR of 3.8 percent during the forecast period.

Carbon Fiber Prepreg Market– The market size is expected to reach USD 18.32 billion by 2029 at a CAGR of 10.42 percent during the forecast period.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.



Source link

You may also like

About Us

Arab Africana™ publishes and aggregates business, socio-economic, Tech and industrial news on Arab countries in Africa.

 

We provide press release distribution to media in Africa including Arab countries, the Arab world and the GCC/MENA regions. To submit a press release for distribution, contact us today.

Trending Now

Newsletter

    ArabAfricana logo-white

    Arab Africana is part of GroupWeb Media Network. ©  2024 GroupWeb Media LLC