Global Prepreg Market Size study & Forecast, by Resin Type, by Fiber Type, by Manufacturing Process, by End User and Regional Analysis, 2022-2029

List of Tables

Global Prepreg Market is valued at approximately USD 10 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 10.80% over the forecast period 2022-2029.

Prepreg is a fabric that has been reinforced and is pre-impregnated from a resin system. Prepregs are applied in high performance wherein the cost has less importance as compared to mechanical properties and weight. The growth of Prepreg Market is mainly driven by the growth of the automotive industry as this increases the demand for prepregs. In the last few years, there are many companies who are shifting to carbon fiber composite materials from e-glass. As per Statista, in 2021, a total of 66.7 million units were sold in the automobile sector which increases the demand for prepregs. The other factor that drives the growth is the rising demand for prepreg in the aviation industry. The prepregs give some extraordinary properties such as superior strength-to-weight ratio and high impact resistance which gives effectiveness in producing composite parts for the secondary and primary forms of aircraft and this is the reason why it is used in the aviation industry. As per the recent estimates by International Civil Aviation Organization, the aviation industry will increase from an average of 4.3% per year over the next 20 years. However, the high cost that has been associated with prepregs such as the price of manufacturing and processing will restrict the growth of the prepreg market. According to a study by McKinsey & Company, it has been found that 60% of consumers are sensitive to price across different industries, this means industries also become price sensitive which restricts the growth of prepregs. The growth in carbon fibre-reinforced plastic (CFRP) acts as an opportunity for the prepreg market. CFRP is majorly used in columns, beams, slabs and walls. As per Statista, the construction market of 2030 would be twice as of 2020, it would reach 14.4 trillion in 2030 from 6.4 trillion in 2020. As prepregs are used in construction activities, there would be a big opportunity for prepregs. Rising demand for lightweight vehicles act as another opportunity for the prepregs market. The prepregs allow the cutting of weight in transport uses of automobiles which leads to a rise in fuel efficiency, reduces the usage of materials and it also decreases emissions. As per Statista, the production of lightweight vehicles is expected to touch 98.9 million units in 2025 as compared to 89 million units in 2019, this will create demand for the prepreg market.

The key regions considered for the Global Prepreg Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to reasons such as there has been increasing awareness among people about the merits of using wind energy. Also, there has been an increase in the expansion of the aviation industry and there is a lot of R&D in this which drives the growth for prepregs. As per the National Science Foundation, there has been an increase in R&D by USD 62 billion in 2019 which amounted to USD 667 billion. Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to the factors such as the extension of industries which uses prepregs in the developing countries of Asia-pacific. As per Indian Brand Equity Foundation, India is the third largest domestic aviation market globally and Indian Aviation also contributed to 5% of the GDP.

Major market players included in this report are:

Hexcel Corporation
Axiom Materials Inc.
Mitsubishi Chemical Corporation
Teijin Carbon Europe GmbH
Sunrez Corporation
Isola Group
SGL Carbon
Toray Composite Materials America Inc.
Evonik Industries AG
Celanese Corporation

Recent Developments in the Market:

In September 2021, the manufacturer of epoxy prepreg material known as Notus Composites declared the launch of NE less temperature prepreg which has high-performance epoxy range, and the newest addition has different other applications in multiple industries.
In February 2023 a prepreg manufacturing company, Toray Industries Inc. declared that they have developed a new prepreg material which has extraordinary impact resistance and can be used in the automobile industry and it can also be used in other industries.

Global Prepreg Market Report Scope:

Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Resin Type, Fiber Type, Manufacturing Process, End User, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Resin Type:

Thermoplastic
Thermoset

By Fiber Type:

Aramid
Carbon
Glass

By Manufacturing Process:

Solvent Dip
Hot Melt

By End User:

Automotive
Aerospace and Defence
Sporting Goods
Wind Energy
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Prepreg Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Prepreg Market, by Resin Type, 2019-2029 (USD Billion)
- 1.2.3. Prepreg Market, by Fiber Type, 2019-2029 (USD Billion)
- 1.2.4. Prepreg Market, by Manufacturing Process, 2019-2029 (USD Billion)
- 1.2.5. Prepreg Market, by End User, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Prepreg Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Prepreg Market Dynamics

3.1. Prepreg Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Growth of Automotive Industry
  - 3.1.1.2. Increase in demand for Aviation Industry
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Prepreg
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growth in CFRP
  - 3.1.3.2. Rising demand for Light Weight Vehicles

Chapter 4. Global Prepreg Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Prepreg Market, by Resin Type

6.1. Market Snapshot
6.2. Global Prepreg Market by Resin Type, Performance - Potential Analysis
6.3. Global Prepreg Market Estimates & Forecasts by Resin Type 2019-2029 (USD Billion)
6.4. Prepreg Market, Sub Segment Analysis
- 6.4.1. Thermoplastic
- 6.4.2. Thermoset

Chapter 7. Global Prepreg Market, by Fiber Type

7.1. Market Snapshot
7.2. Global Prepreg Market by Fiber Type, Performance - Potential Analysis
7.3. Global Prepreg Market Estimates & Forecasts by Fiber Type 2019-2029 (USD Billion)
7.4. Prepreg Market, Sub Segment Analysis
- 7.4.1. Aramid
- 7.4.2. Carbon
- 7.4.3. Glass

Chapter 8. Global Prepreg Market, by Manufacturing Process

8.1. Market Snapshot
8.2. Global Prepreg Market by Manufacturing Process, Performance - Potential Analysis
8.3. Global Prepreg Market Estimates & Forecasts by Manufacturing Process 2019-2029 (USD Billion)
8.4. Prepreg Market, Sub Segment Analysis
- 8.4.1. Solvent Dip
- 8.4.2. Hot Melt

Chapter 9. Global Prepreg Market, by End User

9.1. Market Snapshot
9.2. Global Prepreg Market by End User, Performance - Potential Analysis
9.3. Global Prepreg Market Estimates & Forecasts by End User 2019-2029 (USD Billion)
9.4. Prepreg Market, Sub Segment Analysis
- 9.4.1. Automotive
- 9.4.2. Aerospace and Defence
- 9.4.3. Sporting Goods
- 9.4.4. Wind Energy
- 9.4.5. Others

Chapter 10. Global Prepreg Market, Regional Analysis

10.1. Prepreg Market, Regional Market Snapshot
10.2. North America Prepreg Market
- 10.2.1. U.S. Prepreg Market
  - 10.2.1.1. Resin Type breakdown estimates & forecasts, 2019-2029
  - 10.2.1.2. Fiber Type breakdown estimates & forecasts, 2019-2029
  - 10.2.1.3. Manufacturing Process breakdown estimates & forecasts, 2019-2029
  - 10.2.1.4. End User breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada Prepreg Market
10.3. Europe Prepreg Market Snapshot
- 10.3.1. U.K. Prepreg Market
- 10.3.2. Germany Prepreg Market
- 10.3.3. France Prepreg Market
- 10.3.4. Spain Prepreg Market
- 10.3.5. Italy Prepreg Market
- 10.3.6. Rest of Europe Prepreg Market
10.4. Asia-Pacific Prepreg Market Snapshot
- 10.4.1. China Prepreg Market
- 10.4.2. India Prepreg Market
- 10.4.3. Japan Prepreg Market
- 10.4.4. Australia Prepreg Market
- 10.4.5. South Korea Prepreg Market
- 10.4.6. Rest of Asia Pacific Prepreg Market
10.5. Latin America Prepreg Market Snapshot
- 10.5.1. Brazil Prepreg Market
- 10.5.2. Mexico Prepreg Market
10.6. Rest of The World Prepreg Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies
11.2. Company Profiles
- 11.2.1. Hexcel Corporation
  - 11.2.1.1. Key Information
  - 11.2.1.2. Overview
  - 11.2.1.3. Financial (Subject to Data Availability)
  - 11.2.1.4. Product Summary
  - 11.2.1.5. Recent Developments
- 11.2.2. Axiom Materials Inc.
- 11.2.3. Mitsubishi Chemical Corporation
- 11.2.4. Teijin Carbon Europe GmbH
- 11.2.5. Sunrez Corporation
- 11.2.6. Isola Group
- 11.2.7. SGL Carbon
- 11.2.8. Toray Composite Materials America Inc.
- 11.2.9. Avonik Industries AG
- 11.2.10. Celanese Corporation

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Prepreg Market, report scope
TABLE 2. Global Prepreg Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Prepreg Market estimates & forecasts by Resin Type 2019-2029 (USD Billion)
TABLE 4. Global Prepreg Market estimates & forecasts by Fiber Type 2019-2029 (USD Billion)
TABLE 5. Global Prepreg Market estimates & forecasts by Manufacturing Process 2019-2029 (USD Billion)
TABLE 6. Global Prepreg Market estimates & forecasts by End User 2019-2029 (USD Billion)
TABLE 7. Global Prepreg Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Prepreg Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Prepreg Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Prepreg Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Prepreg Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Prepreg Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Prepreg Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Prepreg Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Prepreg Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. Global Prepreg Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Prepreg Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 18. U.S. Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. U.S. Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Prepreg Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 21. Canada Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. Canada Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Prepreg Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 24. UK Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. UK Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Prepreg Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 27. Germany Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. Germany Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Prepreg Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 30. France Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. France Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Prepreg Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 33. Italy Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Italy Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Prepreg Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 36. Spain Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. Spain Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Prepreg Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 39. RoE Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. RoE Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Prepreg Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 42. China Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. China Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Prepreg Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 45. India Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. India Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Prepreg Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 48. Japan Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. Japan Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Prepreg Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 51. South Korea Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. South Korea Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Prepreg Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 54. Australia Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. Australia Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Prepreg Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 57. RoAPAC Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. RoAPAC Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Prepreg Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 60. Brazil Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Brazil Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Prepreg Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 63. Mexico Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. Mexico Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Prepreg Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 66. RoLA Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. RoLA Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Prepreg Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 69. Row Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. Row Prepreg Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Prepreg Market
TABLE 72. List of primary sources, used in the study of global Prepreg Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Prepreg Market, research methodology
FIG 2. Global Prepreg Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Prepreg Market, key trends 2021
FIG 5. Global Prepreg Market, growth prospects 2022-2029
FIG 6. Global Prepreg Market, porters 5 force model
FIG 7. Global Prepreg Market, pest analysis
FIG 8. Global Prepreg Market, value chain analysis
FIG 9. Global Prepreg Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Prepreg Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Prepreg Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Prepreg Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Prepreg Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Prepreg Market, regional snapshot 2019 & 2029
FIG 15. North America Prepreg Market 2019 & 2029 (USD Billion)
FIG 16. Europe Prepreg Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Prepreg Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Prepreg Market 2019 & 2029 (USD Billion)
FIG 19. Global Prepreg Market, company Market share analysis (2021)