Market Overview:
The global carbon fiber prepreg tape market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lightweight and high-performance materials in various end-use industries such as aerospace & defense, marine, pipe & tank, construction & infrastructure, sporting goods, and others. In addition, the growing awareness about the benefits of using carbon fiber prepreg tapes is also contributing to the growth of this market. Based on type, epoxy is expected to be the fastest-growing segment during the forecast period from 2018 to 2030. This can be attributed to its superior mechanical properties and resistance against corrosion and degradation over time.
Product Definition:
Carbon fiber prepreg tape is a carbon fiber fabric that has been impregnated with a resin. The fabric is then placed in a mold and put under heat and pressure, which causes the resin to harden. This creates a strong, lightweight composite material. Carbon fiber prepreg tape is used in many applications where strength and weight are important factors, such as aerospace engineering, automotive manufacturing, and sporting goods.
Epoxy:
Epoxy resins are synthetic thermosetting polymers containing an epoxide group. They are available in two forms, i.e., azo and alizyde type. Azo epoxy resin is commonly used for fiberglass reinforced plastics (FRP) applications while alkyd type is utilized in the production of paints & coatings, adhesives & sealants, composites, and paper industries among others.
Thermoplastic:
Thermoplastic is a type of plastic that can be molded or extruded and then re-molded or re-extruded. Thermoplastics have high heat resistance, which makes them suitable for use in carbon fiber reinforced plastics (CFRP). The most commonly used thermoplastics include polyether ether ketone (PEEK), polyphenylene sulfide (PPS), and polyethersulfone (PES).
Application Insights:
Aerospace & defense was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. Carbon fiber prepreg tapes are used for strengthening, thermal insulation, noise reduction and weight reduction applications in aircraft. The material offers a cost-effective solution for lightweighting as well as strength enhancement of airframes and wings. Increasing use of composites on account of their high strength-to-weight ratio has led to an increase in demand for carbon fiber prepreg tapes across the aerospace & defense industry globally.
The marine application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing utilization across various industries such as oil & gas, shipping containers, automotive manufacturing among others that require strong materials for corrosion resistance applications on ships or boats.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Malaysia. These countries are witnessing strong economic growth owing to various factors such as increasing population, industrial development and rising foreign investments. Growing demand for carbon fiber prepreg tape from these regions is anticipated to drive the overall industry growth over the next eight years.
The aerospace & defense segment accounted for a major share in terms of revenue in Asia Pacific market due to growing aviation activities across this region coupled with rapid expansion of manufacturing facilities by Airbus S A., Boeing Co., Lockheed Martin Corporation among others has positively influenced product demand across this region since past few years which is likely continue during the forecast period.
Growth Factors:
- Increasing demand for lightweight and high-performance materials in the aerospace, automotive, and construction industries is expected to drive the growth of carbon fiber prepreg tape market.
- Rising awareness about the benefits of using carbon fiber prepreg tapes is projected to boost the demand for these tapes over the forecast period.
- Growing use of composites in wind turbines is anticipated to create new opportunities for carbon fiber prepreg tape market during the forecast period.
- Technological advancements in manufacturing processes are likely to propel the growth of global carbon fiber prepreg tape market over next few years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Carbon Fiber Prepreg Tape Market Research Report
By Type
Epoxy, Thermoplastic, Bismaleimide, Polyamide, Others
By Application
Aerospace & Defense, Marine, Pipe & Tank, Construction & Infrastructure, Sporting Goods, Others
By Companies
Mitsubishi Chemical, Evonik Industries, Toray Industries, Hexcel Corporation, Teijin Limited, SGL, Royal DSM, SABIC, Solvay
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Carbon Fiber Prepreg Tape Market Report Segments:
The global Carbon Fiber Prepreg Tape market is segmented on the basis of:
Types
Epoxy, Thermoplastic, Bismaleimide, Polyamide, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace & Defense, Marine, Pipe & Tank, Construction & Infrastructure, Sporting Goods, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mitsubishi Chemical
- Evonik Industries
- Toray Industries
- Hexcel Corporation
- Teijin Limited
- SGL
- Royal DSM
- SABIC
- Solvay
Highlights of The Carbon Fiber Prepreg Tape Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Epoxy
- Thermoplastic
- Bismaleimide
- Polyamide
- Others
- By Application:
- Aerospace & Defense
- Marine
- Pipe & Tank
- Construction & Infrastructure
- Sporting Goods
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Carbon Fiber Prepreg Tape Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Carbon fiber prepreg tape is a type of carbon fiber tape that is used to create a temporary bond between two pieces of carbon fiber. It is made from high-quality, lightweight carbon fibers that are tightly woven together to form a strong and durable fabric. This fabric can then be used to create parts or assemblies for aircraft, cars, boats, and other types of vehicles.
Some of the major companies in the carbon fiber prepreg tape market are Mitsubishi Chemical, Evonik Industries, Toray Industries, Hexcel Corporation, Teijin Limited, SGL, Royal DSM, SABIC, Solvay.
The carbon fiber prepreg tape market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Carbon Fiber Prepreg Tape Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Carbon Fiber Prepreg Tape Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Carbon Fiber Prepreg Tape Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Carbon Fiber Prepreg Tape Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Carbon Fiber Prepreg Tape Market Size & Forecast, 2018-2028
4.5.1 Carbon Fiber Prepreg Tape Market Size and Y-o-Y Growth
4.5.2 Carbon Fiber Prepreg Tape Market Absolute $ Opportunity
Chapter 5 Global Carbon Fiber Prepreg Tape Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Carbon Fiber Prepreg Tape Market Size Forecast by Type
5.2.1 Epoxy
5.2.2 Thermoplastic
5.2.3 Bismaleimide
5.2.4 Polyamide
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Carbon Fiber Prepreg Tape Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Carbon Fiber Prepreg Tape Market Size Forecast by Applications
6.2.1 Aerospace & Defense
6.2.2 Marine
6.2.3 Pipe & Tank
6.2.4 Construction & Infrastructure
6.2.5 Sporting Goods
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Carbon Fiber Prepreg Tape Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Carbon Fiber Prepreg Tape Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Carbon Fiber Prepreg Tape Analysis and Forecast
9.1 Introduction
9.2 North America Carbon Fiber Prepreg Tape Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Carbon Fiber Prepreg Tape Market Size Forecast by Type
9.6.1 Epoxy
9.6.2 Thermoplastic
9.6.3 Bismaleimide
9.6.4 Polyamide
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Carbon Fiber Prepreg Tape Market Size Forecast by Applications
9.10.1 Aerospace & Defense
9.10.2 Marine
9.10.3 Pipe & Tank
9.10.4 Construction & Infrastructure
9.10.5 Sporting Goods
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Carbon Fiber Prepreg Tape Analysis and Forecast
10.1 Introduction
10.2 Europe Carbon Fiber Prepreg Tape Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Carbon Fiber Prepreg Tape Market Size Forecast by Type
10.6.1 Epoxy
10.6.2 Thermoplastic
10.6.3 Bismaleimide
10.6.4 Polyamide
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Carbon Fiber Prepreg Tape Market Size Forecast by Applications
10.10.1 Aerospace & Defense
10.10.2 Marine
10.10.3 Pipe & Tank
10.10.4 Construction & Infrastructure
10.10.5 Sporting Goods
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Carbon Fiber Prepreg Tape Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Carbon Fiber Prepreg Tape Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Carbon Fiber Prepreg Tape Market Size Forecast by Type
11.6.1 Epoxy
11.6.2 Thermoplastic
11.6.3 Bismaleimide
11.6.4 Polyamide
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Carbon Fiber Prepreg Tape Market Size Forecast by Applications
11.10.1 Aerospace & Defense
11.10.2 Marine
11.10.3 Pipe & Tank
11.10.4 Construction & Infrastructure
11.10.5 Sporting Goods
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Carbon Fiber Prepreg Tape Analysis and Forecast
12.1 Introduction
12.2 Latin America Carbon Fiber Prepreg Tape Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Carbon Fiber Prepreg Tape Market Size Forecast by Type
12.6.1 Epoxy
12.6.2 Thermoplastic
12.6.3 Bismaleimide
12.6.4 Polyamide
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Carbon Fiber Prepreg Tape Market Size Forecast by Applications
12.10.1 Aerospace & Defense
12.10.2 Marine
12.10.3 Pipe & Tank
12.10.4 Construction & Infrastructure
12.10.5 Sporting Goods
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Carbon Fiber Prepreg Tape Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Carbon Fiber Prepreg Tape Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Carbon Fiber Prepreg Tape Market Size Forecast by Type
13.6.1 Epoxy
13.6.2 Thermoplastic
13.6.3 Bismaleimide
13.6.4 Polyamide
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Carbon Fiber Prepreg Tape Market Size Forecast by Applications
13.10.1 Aerospace & Defense
13.10.2 Marine
13.10.3 Pipe & Tank
13.10.4 Construction & Infrastructure
13.10.5 Sporting Goods
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Carbon Fiber Prepreg Tape Market: Competitive Dashboard
14.2 Global Carbon Fiber Prepreg Tape Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mitsubishi Chemical
14.3.2 Evonik Industries
14.3.3 Toray Industries
14.3.4 Hexcel Corporation
14.3.5 Teijin Limited
14.3.6 SGL
14.3.7 Royal DSM
14.3.8 SABIC
14.3.9 Solvay
