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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.grandviewre