Pre-preg is "pre-impregnated" composite fibers where a thermoset polymer matrix material, such as epoxy, is already present. The fibers often take the form of a weave and the matrix is used to bond them together and to other components during manufacture. The thermoset matrix is only partially cured to allow easy handling; this B-Stage material requires cold storage to prevent complete curing. B-Stage pre-preg is always stored in cooled areas since heat accelerates complete polymerization. Hence, composite structures built of pre-pregs will mostly require an oven or autoclave to cure.
Market Analysis and Insights: Global Prepreg Market
Due to the COVID-19 pandemic, the global Prepreg market size is estimated to be worth US$ 6685.3 million in 2022 and is forecast to a readjusted size of US$ 9323.3 million by 2028 with a CAGR of 5.7% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Glass Fiber Prepreg accounting for % of the Prepreg global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Aerospace & Defense segment is altered to an % CAGR throughout this forecast period.
Asia-Pacific is expected to be the fastest-growing market for prepreg between 2018 and 2023. The growth in the wind energy industry, large investment by government in aerospace & defense, and new product developments by various leading players are a few factors leading to the growth of the market of prepreg in this region. China leads the market of prepreg in Asia-Pacific. Its consumption of prepreg has grown remarkably due to growth in the wind energy, sporting goods, and aerospace & defense industries.
Global Prepreg Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Prepreg Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Glass Fiber Prepreg
Carbon Fiber Prepreg
Aramid Fiber Prepreg
Segment by Application
Aerospace & Defense
Wind Energy
Sporting Goods
Automotive
Electronics
Others
By Company
Teijin
Tencate
Cytec
Lanxess
Polystrand
Barrday
Chomarat
Vector Systems
Fibrtec
Porcher Industries Groupe
Gurit Holdings
PRF Composite Materials
Hexcel Corporation
SGL Group
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina