Carbon Fiber Prepreg Market Making CAGR of 5.4% by 2018 with Retail Industry Research on Cytec Solvay, Hexcel, Royal Tencate, Teijin, Toray, Gurit, SGL, Axiom and More

Pune, India -- (SBWire) -- 03/23/2018 --The Global Carbon Fiber Prepreg Market accounted for USD 4.35 billion in 2016 and is projected to grow at a CAGR of 11.3% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Market Definition: Global Carbon Fiber Prepreg Market

Carbon fiber prepreg has a high strength-to-weight ratio, high resistance to corrosion, fatigue, and fire. It is created by pre-impregnating fibers, including glass, carbon, and aramid, onto a matrix material. There is a growing demand for carbon fiber prepreg in aerospace & defense, automotive, sports & leisure and wind energy sectors which is expected to be one of the major drivers of the market over the next seven years.

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Major Market Drivers:

- Rising use of prepregs by major aircraft manufacturers
- Rising demand from the wind energy
- Increasing demand for lightweight materials from the automotive sector

Market Restraint:

- High production & processing costs

Market Segmentation: Global Carbon Fiber Prepreg Market

The carbon fiber prepreg market is segmented on the basis of resin type into epoxy resin, phenolic resin, BMI resin, cyanate ester resin, thermoplastic resin, and other resins.
On the basis of manufacturing process, the market is segmented hot melt process and solvent dip process.

On the basis of end-user, the market is segmented into aerospace & defense, automotive, sports & leisure, wind energy and others.

On the basis of geography, the carbon fiber prepreg market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

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Competitive Landscape: Global Carbon Fiber Prepreg Market

The global carbon fiber prepreg market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Major Market Competitors: Global Carbon Fiber Prepreg Market

Some of the major players in carbon fiber prepreg market include Cytec Solvay Group, Hexcel Corporation, Royal Tencate N.V., Teijin Limited, Toray Industries Inc., Gurit Holding AG, SGL Group, Axiom Materials, Mitsubishi Rayon Co. Ltd., Park Electrochemical Corporation, HC Composite, Kineco Pvt. Ltd., Unicarbon, Zyvex Technologies, TCR Composites, PRF Composite Materials, Triple H Composites, GMS Composites, Dexcraft H.C., Cedar Composites and many more.

Research Methodology: Global Carbon Fiber Prepreg Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.

The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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