Market Overview:
The global carbon fiber tow prepreg market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for lightweight and high-performance materials in various end-use industries such as aerospace and defense, automotive and transportation, sports and recreational, oil and gas, among others. Carbon fiber tow prepreg is a composite material comprising of carbon fibers embedded in a resin matrix. It offers superior mechanical properties such as high strength-to-weight ratio, stiffness, thermal stability, chemical resistance, among others over traditional materials such as metals. This has led to its increasing adoption in various end-use industries across the globe. Based on type, the global carbon fiber tow prepreg market can be segmented into epoxy based tow prepregs phenolic based tow prepregs , and other types of towprepregs .
Product Definition:
Carbon fiber tow prepreg is a composite material consisting of carbon fibers and a resin matrix. It is used in the manufacture of advanced composites, such as aircraft parts and wind turbine blades. The carbon fibers in tow prepreg provide strength and stiffness, while the resin matrix provides protection from environmental factors and helps to distribute stress loads.
Epoxy:
Epoxy resin is a thermosetting polymer, which contains carbon and oxygen. It's primary function in manufacturing tow prepregs is to provide high tensile strength and improved impact resistance at low cost. Epoxy resins are used as adhesives for the fibers during production of carbon fiber tow prepregs.
The epoxy resin based on its chemical properties can be classified into two types: anhydrous epoxy.
Phenolic:
Phenolic is a chemical compound that occurs in many plants, especially in the wood of pine trees. Phenolic resins are chemicals that are produced by combining phenol with an resin. The most common types of phenols used to make resins include bisphenol A and bisphenol S.
Application Insights:
The aerospace and defense application segment accounted for the largest revenue share of over 30% in 2017. The product is used to improve the overall performance of aircraft by reducing its weight. It is also used to reduce fuel consumption by increasing the range of flight. Increasing use of carbon fiber tow prepreg as a replacement for traditional metal, plastic and rubber materials in various parts including landing gear doors, leading edges, fuselage structure and control surfaces is expected to drive product demand over the forecast period.
Carbon fiber tow prepreg finds applications in military aircraft such as F-35 Lightning II Joint Strike Fighter, Eurofighter Typhoon and Tornado IDS; along with UAVs such as MQ-25 Stingray drones which are currently under development by NASA for delivery missions across enemy territory with minimal risk.
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 some of the largest aircraft manufacturing companies such as Boeing, Airbus, and Rolls-Royce. These companies are actively involved in R&D activities for developing advanced carbon fiber tow prepregs that meet their specific needs. This has resulted in an increased demand from these end-users for carbon fiber tow prepregs across Asia Pacific.
The oil and gas industry is also one of the significant end-user industries for CF Tow Prepreg products across Asia Pacific owing to increasing government investments towards energy efficiency initiatives coupled with rising demand from residential sector for domestic fuel consumption reduction programs throughout various countries including China, India, Indonesia among others will drive product demand further over the next eight years or so.
Europe was estimated at USD X million in 2017.
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 tow prepreg market.
- Rising awareness about the benefits of using carbon fiber tow prepreg in various end-use applications is projected to boost the demand for this product over the forecast period.
- Growing investments by key players in research and development activities to develop innovative products is anticipated to propel the growth of carbon fiber tow prepreg market during forecast period.
- The increasing use of composites in manufacturing lightweight vehicles is projected to fuel the demand for carbon fiber tow prepreg over next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Carbon Fiber Tow Prepreg Market Research Report
By Type
Epoxy, Phenolic, Others
By Application
Aerospace and Defense, Automotive and Transportation, Sports and Recreational, Oil and Gas, Others
By Companies
SGL Carbon SE, TCR Composites, JXTG Holdings, Teijin, Hexcel Corporation, Porcher Industries Designs, Mitsubishi Chemical Holdings Corporation
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Carbon Fiber Tow Prepreg Market Report Segments:
The global Carbon Fiber Tow Prepreg market is segmented on the basis of:
Types
Epoxy, Phenolic, 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 and Defense, Automotive and Transportation, Sports and Recreational, Oil and Gas, 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:
- SGL Carbon SE
- TCR Composites
- JXTG Holdings
- Teijin
- Hexcel Corporation
- Porcher Industries Designs
- Mitsubishi Chemical Holdings Corporation
Highlights of The Carbon Fiber Tow Prepreg 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
- Phenolic
- Others
- By Application:
- Aerospace and Defense
- Automotive and Transportation
- Sports and Recreational
- Oil and Gas
- 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 Tow Prepreg 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 tow prepreg is a type of carbon fiber fabric that is pre-treated to make it easier to handle and install. It's often used in aircraft and racing car applications, as well as other high-stress areas where durability and performance are important.
Some of the major companies in the carbon fiber tow prepreg market are SGL Carbon SE, TCR Composites, JXTG Holdings, Teijin, Hexcel Corporation, Porcher Industries Designs, Mitsubishi Chemical Holdings Corporation.
The carbon fiber tow prepreg 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 Tow Prepreg 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 Tow Prepreg Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Carbon Fiber Tow Prepreg 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 Tow Prepreg 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 Tow Prepreg Market Size & Forecast, 2020-2028
4.5.1 Carbon Fiber Tow Prepreg Market Size and Y-o-Y Growth
4.5.2 Carbon Fiber Tow Prepreg Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Epoxy
5.2.2 Phenolic
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Aerospace and Defense
6.2.2 Automotive and Transportation
6.2.3 Sports and Recreational
6.2.4 Oil and Gas
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Carbon Fiber Tow Prepreg 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 Tow Prepreg 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Epoxy
9.6.2 Phenolic
9.6.3 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 Market Size Forecast by Applications
9.10.1 Aerospace and Defense
9.10.2 Automotive and Transportation
9.10.3 Sports and Recreational
9.10.4 Oil and Gas
9.10.5 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Epoxy
10.6.2 Phenolic
10.6.3 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 Market Size Forecast by Applications
10.10.1 Aerospace and Defense
10.10.2 Automotive and Transportation
10.10.3 Sports and Recreational
10.10.4 Oil and Gas
10.10.5 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Epoxy
11.6.2 Phenolic
11.6.3 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 Market Size Forecast by Applications
11.10.1 Aerospace and Defense
11.10.2 Automotive and Transportation
11.10.3 Sports and Recreational
11.10.4 Oil and Gas
11.10.5 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Epoxy
12.6.2 Phenolic
12.6.3 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 Market Size Forecast by Applications
12.10.1 Aerospace and Defense
12.10.2 Automotive and Transportation
12.10.3 Sports and Recreational
12.10.4 Oil and Gas
12.10.5 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Epoxy
13.6.2 Phenolic
13.6.3 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) Market Size Forecast by Applications
13.10.1 Aerospace and Defense
13.10.2 Automotive and Transportation
13.10.3 Sports and Recreational
13.10.4 Oil and Gas
13.10.5 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 Tow Prepreg Market: Competitive Dashboard
14.2 Global Carbon Fiber Tow Prepreg Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SGL Carbon SE
14.3.2 TCR Composites
14.3.3 JXTG Holdings
14.3.4 Teijin
14.3.5 Hexcel Corporation
14.3.6 Porcher Industries Designs
14.3.7 Mitsubishi Chemical Holdings Corporation
