Skip to main content

Prepreg Industry Survey, Trends, Overview and 2024 Forecast

The rapidly growing demand for high-performance materials in the automotive, aerospace, and sporting goods sectors is expected to drive the market demand over the next eight years. The Global Prepreg Market is expected to reach USD 12.48 billion by 2024, according to a new report by Grand View Research, Inc.


Presence of stringent regulations laid by agencies such as the U.S. EPA and EU for the promotion of sustainable energy sources as opposed to conventional sources, particularly in North America and Europe, has led to a rising number of wind mill installations in these regions. This is also expected to have significant impacts on the product demand over the forecast period.

Enhanced mechanical properties including short curing time, longer life span, high strength and superior machinability are expected to have a positive impact on product demand in the automotive as well as the aerospace industries.

To Know More About Prepreg Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/prepreg-market

Properties such as low void content, ease of use, high strength, and specific modulus, enhanced corrosion as well as environmental resistance and low thermal expansion coefficient offered by the material, has led to a high demand for the product in the manufacturing of aerospace components. The growth of the aerospace industry in the U.S. is expected to fuel product demand over the forecast period.

Top Players of Prepreg Market:

The key players in the industry include Park Electrochemical Corp., Axiom Materials, Inc., Mitsubishi Rayon Co., LTD, Royal Ten Cate NV, Teijin Limited, Hexcel Corporation, Gurit Holding, SGL Group, Toray Industries, and Cytec Industries.

Market Segmentation of Prepreg Market:

The Global Prepreg Market segmented on the basis of Fiber Type, Resin Type, Manufacturing Process and Application.

By Fiber Type:

    Carbon
    Glass
    Aramid

By Resin Type:

    Thermoset
    Thermoplastic

By Process:

    Hot-melt
    Solvent dip

By Application:

    Aerospace & defense
    Wind energy
    Sporting goods
    Automotive

Inquire about Prepreg Market with Our Experts @ https://www.grandviewresearch.com/inquiry/1494 
Labels:

Comments

Post a Comment

Popular posts from this blog

North America Calcium Carbonate Market Outlook, Research, Trends and Forecast to 2025

Rising demand in various end-use industries such as paper, building, and construction, plastic, etc. is expected to support the demand for calcium carbonate in upcoming years. Further, growth of manufacturing and construction sectors in Asia Pacific and the Middle East is supposed to boost the product demand. The North America Calcium Carbonate Market is expected to reach USD 9.19 billion by 2025, according to a new report by Grand View Research, Inc.   The industrial filler is expected to emerge as the largest as well as fastest growing application segment. The demand is likely to increase further owing to diversified application base of calcium carbonate as fillers in various end-use industries. Another application segment is likely to emerge as the second largest application segment. Papers coated with calcium carbonate may create problems during production, as adhesives do not stay on these papers. Excessive calcium carbonate consumption through food supplements is har...
Post a Comment
Read more

Point of Entry Water Treatment Systems Market Competitive Landscape by 2025

Growing public awareness towards healthy lifestyle along with increasing water pollution is projected to drive the market over the forecast period. The Global Point of Entry Water Treatment Systems Market is estimated to be valued at USD 9.95 billion by 2025, according to a new report by Grand View Research, Inc. Exponential growth in the global population has exerted considerable pressure on the existing water resources available for human consumption, in turn augmenting the dependence on groundwater owing to its easy availability. However, improper disposal of wastewater generated in agricultural and industrial areas has led to largescale contamination of groundwater in urban areas, enhancing the global point of entry water treatment systems market by 2025. Favorable government regulations to ensure the supply of healthy drinking water is predicted to boost market growth over the forecast period. The growing investments towards development of efficient point of entry water t...
Post a Comment
Read more

U.S. Liquid Waste Management Market Segments and Key Trend till 2025

Growing organic & non-hazardous liquid waste generation through residential and commercial sources is expected to drive demand over the forecast period. The U.S. Liquid Waste Management Market is expected to reach USD 22.5 Billion by 2025, according to a new report by Grand View Research, Inc. Industrial & residential liquid waste is often associated with water-borne diseases since improper disposal of the waste leads to water pollution, environmental degradation, and soil contamination. As a result, the demand for hygienic liquid waste management services is expected to grow significantly over the forecast period. A major trend arising from the need to improve liquid waste management is the outsourcing of the services to global & competitive players in order to improve the focus on sustainability and meet stringent guidelines. In addition, the government undertakes public-private partnership projects to enhance the efficiency of the waste management process, whi...
Post a Comment
Read more