Carbon Fiber Prepreg Market by Manufacturing Process, Resin Type, Industry

List of Tables

[198 Pages Report] The Carbon Fiber Prepreg Market size was estimated at USD 9.39 billion in 2023 and expected to reach USD 10.19 billion in 2024, at a CAGR 9.42% to reach USD 17.63 billion by 2030.

Global Carbon Fiber Prepreg Market

KEY MARKET STATISTICS
Base Year [2023]	USD 9.39 billion
Estimated Year [2024]	USD 10.19 billion
Forecast Year [2030]	USD 17.63 billion
CAGR (%)	9.42%

Carbon fiber prepreg refers to the reinforcement fabrics impregnated with a controlled amount of thermoset or thermoplastic resin. This market includes the manufacturing and distribution of these pre-impregnated carbon fibers, which are then used to produce composite materials noted for their high strength-to-weight ratio and rigidity. The global push for fuel efficiency and lower carbon emissions is leading to a rise in demand for lightweight composite materials. Moreover, expansion in industries such as aerospace, automotive, and renewable energy directly increases the consumption of carbon fiber prepregs. However, the high cost of carbon fibers and the complex manufacturing process of prepregs hinder market growth. Furthermore, rapid industrialization in emerging economies and innovations in hybridizing carbon fiber with other materials present vast opportunities for market expansion.

Regional Insights

The Americas has a mature carbon fiber prepreg market with extensive research and development activities aimed at reducing costs and improving performance. The aerospace and defense sectors are the main consumers, with newer sectors, including renewable energy, rapidly gaining traction in the region. The EMEA region encompasses diverse markets, with EU countries leading in consuming and producing carbon fiber prepreg materials. European Union countries such as Germany, France, and the United Kingdom have a robust demand for carbon fiber prepreg, primarily driven by the automotive and aerospace industries. Advanced manufacturing techniques and the shift towards electric vehicles (EVs) are influencing the prepreg material requirements in the region. The carbon fiber prepreg market is driven by countries such as China, Japan, and India in the Asia Pacific. These countries are witnessing significant expansion due to growing industrial sectors, particularly automotive and aerospace, and increased consumer purchasing power. The region's focus on reducing vehicle emissions has translated into a rising demand for lightweight materials such as carbon fiber prepregs in the automotive sector. Moreover, the region is seeing a spate of investments and expansions from domestic and foreign enterprises which can increase the demand for carbon fiber prepreg market.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Carbon Fiber Prepreg Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Carbon Fiber Prepreg Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Carbon Fiber Prepreg Market, highlighting leading vendors and their innovative profiles. These include Arvind Composite, Axiom Materials, Inc., Celanese Corporation, GMS Composites Pty. Ltd., Gurit Holding AG, Hexcel Corporation, Holding Company Composite, K. Sakai & Co., Ltd., KREMPEL GmbH, Mitsubishi Chemical Corporation, Norplex, Inc., North Thin Ply Technology Sarl, Park Aerospace Corp., Plastic Reinforcement Fabrics Ltd, Rock West Composites, Inc., SEIREN Co., LTD., SGL Carbon SE, Solvay S.A., Taiwan First Li-Bond Co., Ltd., TCR Composites, Inc., Teijin Limited, Toray Industries, Inc., Zoltek Companies, Inc., and Zyvex Technologies.

Market Segmentation & Coverage

This research report categorizes the Carbon Fiber Prepreg Market to forecast the revenues and analyze trends in each of the following sub-markets:

Manufacturing Process
- Hot Melt Process
- Solvent Dip Process
Resin Type
- Bismaleimide Resin
- Epoxy Resin
- Phenolic Resin
- Polyimide Resin
- Thermoplastic Resin
Industry
- Aerospace & Defense
- Automotive
- Sports & Recreation
- Wind Energy
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Carbon Fiber Prepreg Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Carbon Fiber Prepreg Market?

3. What are the technology trends and regulatory frameworks in the Carbon Fiber Prepreg Market?

4. What is the market share of the leading vendors in the Carbon Fiber Prepreg Market?

5. Which modes and strategic moves are suitable for entering the Carbon Fiber Prepreg Market?

Product Code: MRR-034230D3E2CB

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Carbon Fiber Prepreg Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Significant Use of Carbon Fiber Prepreg in Automotive, Especially Electric Cars
  - 5.1.1.2. Increasing Government Investment in Aerospace & Defense, Coupled with the Increasing Production of Commercial Aircrafts
  - 5.1.1.3. Demand for Larger Wind Turbines and Increasing Length of Wind Blades
- 5.1.2. Restraints
  - 5.1.2.1. High Manufacturing and Processing Costs associated with the Product
- 5.1.3. Opportunities
  - 5.1.3.1. Development of Embedded Processes for the Manufacturing of Carbon Fiber Prepreg
  - 5.1.3.2. Collaborative Development of the Cost-Effective Technologies
- 5.1.4. Challenges
  - 5.1.4.1. Limitation in the Use of Carbon Fiber Prepreg in High-Temperature Applications
5.2. Market Segmentation Analysis
- 5.2.1. Manufacturing Process: Significant use of the hot melt process due to its environmentally friendly nature
- 5.2.2. Resin Type: Expanding the use of Epoxy and thermoplastic resin due to their high-temperature applications
- 5.2.3. Industry: Rising utilization of carbon fiber prepreg in aerospace & defense for strength and temperature tolerance.
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Carbon Fiber Prepreg Market, by Manufacturing Process

6.1. Introduction
6.2. Hot Melt Process
6.3. Solvent Dip Process

7. Carbon Fiber Prepreg Market, by Resin Type

7.1. Introduction
7.2. Bismaleimide Resin
7.3. Epoxy Resin
7.4. Phenolic Resin
7.5. Polyimide Resin
7.6. Thermoplastic Resin

8. Carbon Fiber Prepreg Market, by Industry

8.1. Introduction
8.2. Aerospace & Defense
8.3. Automotive
8.4. Sports & Recreation
8.5. Wind Energy

9. Americas Carbon Fiber Prepreg Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Carbon Fiber Prepreg Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Carbon Fiber Prepreg Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. New Product Launch & Enhancement
  - 12.3.1.1. Hexcel to Showcase New Intermediate and High Modulus Fiber HexPly M79 Prepregs at METS 2023
  - 12.3.1.2. Toray Supplies Torayca Carbon Fiber, Prepreg for the H3 Launch Vehicle
- 12.3.2. Award, Recognition, & Expansion
  - 12.3.2.1. Simcas Composites Ltd Launches Online Prepreg Sales

13. Competitive Portfolio

13.1. Key Company Profiles
- 13.1.1. Arvind Composite
- 13.1.2. Axiom Materials, Inc.
- 13.1.3. Celanese Corporation
- 13.1.4. GMS Composites Pty. Ltd.
- 13.1.5. Gurit Holding AG
- 13.1.6. Hexcel Corporation
- 13.1.7. Holding Company Composite
- 13.1.8. K. Sakai & Co., Ltd.
- 13.1.9. KREMPEL GmbH
- 13.1.10. Mitsubishi Chemical Corporation
- 13.1.11. Norplex, Inc.
- 13.1.12. North Thin Ply Technology Sarl
- 13.1.13. Park Aerospace Corp.
- 13.1.14. Plastic Reinforcement Fabrics Ltd
- 13.1.15. Rock West Composites, Inc.
- 13.1.16. SEIREN Co., LTD.
- 13.1.17. SGL Carbon SE
- 13.1.18. Solvay S.A.
- 13.1.19. Taiwan First Li-Bond Co., Ltd.
- 13.1.20. TCR Composites, Inc.
- 13.1.21. Teijin Limited
- 13.1.22. Toray Industries, Inc.
- 13.1.23. Zoltek Companies, Inc.
- 13.1.24. Zyvex Technologies
13.2. Key Product Portfolio

14. Appendix

14.1. Discussion Guide
14.2. License & Pricing