Prepregs are fiber reinforcement pre-impregnated with a resin. The resins are often either thermoset or thermoplastic. The global prepreg market is largely driven by the growing composites market. The industry is striving for better acceptance of the product. This, along with cost cutting initiatives, is likely to increase the adoption of prepregs. The consumption of prepreg is likely to increase owing to environmental concerns and the strong need for alternate processing methods and products that comply with regulations. High-performance applications in the aerospace, wind energy, and automotive sectors are increasingly adopting prepregs. These cost intensive industries can withstand the high-cost aspect of prepregs. However, great opportunities exist in the market for prepreg manufacturers and subsequent processors if more cost-effective prepreg materials and manufacturing processes are developed.
Technavio’s analysts forecast the global prepreg market to grow at a CAGR of 10.34% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global prepreg market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: - APAC - North America - ROW
Technavio's report, Global Prepreg Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - Celanese - Cytec Solvay Group - Mitsubishi Rayon (MRC) - Teijin - Toray
Other prominent vendors - Axiom Materials - Gurit - HC Composite - Hexcel - Kemrock Industries And Exports - KINECO - Kubota Research Associates - TenCate - Park Electrochemical - Plastic Reinforcement Fabrics - SGL Group - UNICARBON - Zyvex Labs
Market driver - High-performance composites replacing metals in key applications. - For a full, detailed list, view our report
Market challenge - Prepregs are cost prohibitive. - For a full, detailed list, view our report
Market trend - Manufacturing process modifications. - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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