Market Overview:
The global high-strength carbon fiber prepreg market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to reach US$ 3,711.5 Mn by 2030, registering a CAGR of 13.9% from 2018 to 2030. In terms of volume, the global high-strength carbon fiber prepreg market is expected to reach 906 kilo tons by 2030. The global high-strength carbon fiber prepreg market has been segmented on the basis of type into epoxy resin, phenols, bismaleimide (BMI), cyanate resin and thermoplastic. The epoxy resin segment is estimated to account for the largest share of the global high-strength carbon fiber prepreg market in 2018 and is projected to register a CAGR of 14% from 2018 to 2030.
Product Definition:
A high-strength carbon fiber prepreg is a composite material made of carbon fibers and a resin matrix. The carbon fibers are embedded in the resin, which is then cured to form a solid material. High-strength carbon fiber prepregs have many applications in aerospace, automotive, and other industries where strength and weight are important factors.
Epoxy Resin:
Epoxy resin is a thermosetting polymer, which contains an epoxide group. It is manufactured by the catalytic oxidation of ethylene oxide with phenol or cresol as a catalyst. The most commonly used epoxy resins include low-density polyethylene (LDPE), high-density polyethylene (HDPE), and linear low-density polyethylene (LLDPE).
Phenols:
Phenols are a group of chemicals with similar molecular structure. They can be classified as alkyl phenols, aryl phenols or cumene (b.p. 65-68°C) and bornyl (b.p. 76-78°C).
Application Insights:
Racing vehicle was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. High-strength carbon fiber prepreg is used in manufacturing racing vehicles as it provides better performance than conventional materials at a lower cost. Moreover, racing teams prefer using this product as it reduces weight of vehicle which ultimately improves speed and power output of car. Increasing popularity of motorsports across various regions coupled with growing need for lightweight vehicles will drive demand for high-strength carbon fiber prepreg during the forecast period.
Aerospace segment accounted for 10% share in 2017 owing to increasing use of composites on account of their light weight properties which enhances fuel efficiency and reduces CO2 emissions significantly compared to traditional aircraft materials such as aluminum alloys, steel alloys, titanium alloys etc. Furthermore, rising R&D activities by major aerospace manufacturers such as Airbus SE & Boeing Co., lnc.
Regional Analysis:
North America dominated the global high-strength carbon fiber prepreg market in terms of revenue with a share of over 40.0% in 2017. This is attributed to the presence of major aircraft manufacturers such as Boeing and Airbus, which extensively use composites for manufacturing airframe parts, and growing demand for lightweight vehicles from key markets including U.S., Canada, and Mexico.
Growth Factors:
- Increasing demand for lightweight and high-performance materials in automotive and aerospace industries
- Growing popularity of carbon fiber reinforced plastics (CFRP) in the construction industry
- Rising demand for advanced composites from wind energy sector
- Proliferation of 3D printing technology for manufacturing lightweight parts
- Stringent government regulations to reduce environmental impact
Scope Of The Report
Report Attributes
Report Details
Report Title
High-strength Carbon Fiber Prepreg Market Research Report
By Type
Epoxy Resin, Phenols, Bismaleimide (Bmi), Cyanate Resin, Thermoplastic
By Application
Racing Vehicle, Aerospace, Sports Equipment, Nnavigation, Medical Care, Electrical Engineering, Rotor Blade
By Companies
Toray Industries, Zoltek, Solvay S.A., Gurit, Hexcel, Teijin, Royal Tencate, Axiom Materials, Dexcraft, Mitsubishi Rayon, Park Aerospace Corp
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
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global High-strength Carbon Fiber Prepreg Market Report Segments:
The global High-strength Carbon Fiber Prepreg market is segmented on the basis of:
Types
Epoxy Resin, Phenols, Bismaleimide (Bmi), Cyanate Resin, Thermoplastic
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
Racing Vehicle, Aerospace, Sports Equipment, Nnavigation, Medical Care, Electrical Engineering, Rotor Blade
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:
- Toray Industries
- Zoltek
- Solvay S.A.
- Gurit
- Hexcel
- Teijin
- Royal Tencate
- Axiom Materials
- Dexcraft
- Mitsubishi Rayon
- Park Aerospace Corp
Highlights of The High-strength Carbon Fiber 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 Resin
- Phenols
- Bismaleimide (Bmi)
- Cyanate Resin
- Thermoplastic
- By Application:
- Racing Vehicle
- Aerospace
- Sports Equipment
- Nnavigation
- Medical Care
- Electrical Engineering
- Rotor Blade
- 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 High-strength Carbon Fiber 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
High-strength carbon fiber prepreg is a type of composite material that is made from two different types of fibers: high-strength fibers and low-density fibers. The high-strength fibers are typically made from aramid, while the low-density fibers are typically made from glass or plastic. When these materials are combined, they create a strong and lightweight composite material that can be used in a variety of applications.nnOne common use for high-strength carbon fiber prepreg is in aircraft construction. This material can be used to create parts such as wings and fuselage frames, which are often very lightweight but also extremely strong. In addition to aircraft construction, high-strength carbon fiber prepreg can also be used in other areas where strength and weight savings are important factors, such as automotive manufacturing and sports equipment design.
Some of the major players in the high-strength carbon fiber prepreg market are Toray Industries, Zoltek, Solvay S.A., Gurit, Hexcel, Teijin, Royal Tencate, Axiom Materials, Dexcraft, Mitsubishi Rayon, Park Aerospace Corp.
The high-strength carbon fiber prepreg market is expected to grow at a compound annual growth rate of 13.9%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High-strength Carbon Fiber 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 High-strength Carbon Fiber Prepreg Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High-strength Carbon Fiber 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 High-strength Carbon Fiber 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 High-strength Carbon Fiber Prepreg Market Size & Forecast, 2018-2028
4.5.1 High-strength Carbon Fiber Prepreg Market Size and Y-o-Y Growth
4.5.2 High-strength Carbon Fiber Prepreg Market Absolute $ Opportunity
Chapter 5 Global High-strength Carbon Fiber Prepreg 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 High-strength Carbon Fiber Prepreg Market Size Forecast by Type
5.2.1 Epoxy Resin
5.2.2 Phenols
5.2.3 Bismaleimide (Bmi)
5.2.4 Cyanate Resin
5.2.5 Thermoplastic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High-strength Carbon Fiber Prepreg 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 High-strength Carbon Fiber Prepreg Market Size Forecast by Applications
6.2.1 Racing Vehicle
6.2.2 Aerospace
6.2.3 Sports Equipment
6.2.4 Nnavigation
6.2.5 Medical Care
6.2.6 Electrical Engineering
6.2.7 Rotor Blade
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High-strength Carbon Fiber 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 High-strength Carbon Fiber 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 High-strength Carbon Fiber Prepreg Analysis and Forecast
9.1 Introduction
9.2 North America High-strength Carbon Fiber Prepreg 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 High-strength Carbon Fiber Prepreg Market Size Forecast by Type
9.6.1 Epoxy Resin
9.6.2 Phenols
9.6.3 Bismaleimide (Bmi)
9.6.4 Cyanate Resin
9.6.5 Thermoplastic
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 High-strength Carbon Fiber Prepreg Market Size Forecast by Applications
9.10.1 Racing Vehicle
9.10.2 Aerospace
9.10.3 Sports Equipment
9.10.4 Nnavigation
9.10.5 Medical Care
9.10.6 Electrical Engineering
9.10.7 Rotor Blade
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 High-strength Carbon Fiber Prepreg Analysis and Forecast
10.1 Introduction
10.2 Europe High-strength Carbon Fiber Prepreg 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 High-strength Carbon Fiber Prepreg Market Size Forecast by Type
10.6.1 Epoxy Resin
10.6.2 Phenols
10.6.3 Bismaleimide (Bmi)
10.6.4 Cyanate Resin
10.6.5 Thermoplastic
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 High-strength Carbon Fiber Prepreg Market Size Forecast by Applications
10.10.1 Racing Vehicle
10.10.2 Aerospace
10.10.3 Sports Equipment
10.10.4 Nnavigation
10.10.5 Medical Care
10.10.6 Electrical Engineering
10.10.7 Rotor Blade
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 High-strength Carbon Fiber Prepreg Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High-strength Carbon Fiber Prepreg 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 High-strength Carbon Fiber Prepreg Market Size Forecast by Type
11.6.1 Epoxy Resin
11.6.2 Phenols
11.6.3 Bismaleimide (Bmi)
11.6.4 Cyanate Resin
11.6.5 Thermoplastic
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 High-strength Carbon Fiber Prepreg Market Size Forecast by Applications
11.10.1 Racing Vehicle
11.10.2 Aerospace
11.10.3 Sports Equipment
11.10.4 Nnavigation
11.10.5 Medical Care
11.10.6 Electrical Engineering
11.10.7 Rotor Blade
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 High-strength Carbon Fiber Prepreg Analysis and Forecast
12.1 Introduction
12.2 Latin America High-strength Carbon Fiber Prepreg 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 High-strength Carbon Fiber Prepreg Market Size Forecast by Type
12.6.1 Epoxy Resin
12.6.2 Phenols
12.6.3 Bismaleimide (Bmi)
12.6.4 Cyanate Resin
12.6.5 Thermoplastic
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 High-strength Carbon Fiber Prepreg Market Size Forecast by Applications
12.10.1 Racing Vehicle
12.10.2 Aerospace
12.10.3 Sports Equipment
12.10.4 Nnavigation
12.10.5 Medical Care
12.10.6 Electrical Engineering
12.10.7 Rotor Blade
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) High-strength Carbon Fiber Prepreg Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High-strength Carbon Fiber Prepreg 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) High-strength Carbon Fiber Prepreg Market Size Forecast by Type
13.6.1 Epoxy Resin
13.6.2 Phenols
13.6.3 Bismaleimide (Bmi)
13.6.4 Cyanate Resin
13.6.5 Thermoplastic
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) High-strength Carbon Fiber Prepreg Market Size Forecast by Applications
13.10.1 Racing Vehicle
13.10.2 Aerospace
13.10.3 Sports Equipment
13.10.4 Nnavigation
13.10.5 Medical Care
13.10.6 Electrical Engineering
13.10.7 Rotor Blade
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 High-strength Carbon Fiber Prepreg Market: Competitive Dashboard
14.2 Global High-strength Carbon Fiber Prepreg Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toray Industries
14.3.2 Zoltek
14.3.3 Solvay S.A.
14.3.4 Gurit
14.3.5 Hexcel
14.3.6 Teijin
14.3.7 Royal Tencate
14.3.8 Axiom Materials
14.3.9 Dexcraft
14.3.10 Mitsubishi Rayon
14.3.11 Park Aerospace Corp
