Lucintel’s latest market report analyzed that prepreg provides attractive opportunities in commercial aerospace, military/defense, general aviation, space/satellite, sporting goods, marine, wind energy, automotive, and civil engineering industries and other industries. The prepreg market is expected to reach $5.5 billion by 2026 with a CAGR of 7.7%. In this market, thermoset prepreg is the largest segment by prepreg type, whereas commercial aerospace is largest by end use industry. Development of bio based products and increasing focus on thermoplastic resin based composites provides strategic growth path in this market.
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Based on prepreg type, the prepreg market is segmented into thermoset prepreg, thermoplastic prepreg. The thermoset prepreg segment accounted for the largest share of the market in 2020 due to its wide usage in aerospace/defense, wind energy and automotive end use industries and thermoplastic prepreg is expected to register the highest CAGR during the forecast period, due to increasing demand thermoplastic resin based composite materials.
Browse in-depth TOC on “Prepreg Market”
112 – Tables
137 – Figures
221 – Pages
The prepreg market is marked by the presence of several big and small players. Some of the prominent players offering prepreg include Hexcel, Cytec Solvay Group, Toray, TenCate, Gurit, and Mitsubishi Rayon Corporation and others.
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