Market Overview:
The global prepreg carbon fiber 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 automotive, energy, and electronics. In addition, the growing awareness about the benefits of using prepreg carbon fiber over traditional materials is also contributing to the growth of this market. Based on type, thermoset prepreg carbon fiber held a major share of the global market in 2017. This can be attributed to its superior properties such as high strength-to-weight ratio and chemical resistance compared with thermoplastic prepreg carbon fiber.
Product Definition:
A carbon fiber pre-preg is a composite material made of carbon fibers and a resin matrix. The fibers are usually woven into a fabric, which is then infused with the resin under heat and pressure. Prepreg carbon fiber is used in many high-performance applications, including aerospace, automotive, and sporting goods.
Thermoset:
Thermoset or thermosetting is a type of resin that hardens when it is heated. Thermosets are stronger and more durable than thermoplastics but they cannot be remolded after the initial heating. Thermoplastics on the other hand can be reshaped by reheating; however, they regain their original shape after cooling down.
Thermoplastic:
Thermoplastic is a type of polymer that changes its physical properties when heated or cooled. Thermoplastic polymers are used in the production of prepreg carbon fiber, which is further used to manufacture automotive parts and other industrial products.
Application Insights:
The automotive application segment led the global prepreg carbon fiber market in 2017 and is projected to witness significant growth over the forecast period. The product is used for manufacturing lightweight parts, which results in considerable cost savings for automakers. In addition, increasing fuel efficiency and reducing vehicle weight are objective of every manufacturer; therefore, prepreg fibers are expected to gain traction in this application sector over the next few years.
Electronics was another prominent segment that accounted for a share of 15% globally in terms of revenue on account of growing demand from various end-use industries such as consumer electronics, telecommunication devices and medical equipment among others. Electronics manufacturers use pre-preg fibers to manufacture products with high strength but low weight as compared to conventional materials used by them such as steel and aluminum alloys.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing foreign investments coupled with rising industrial output. Increasing disposable income, especially in developing countries such as China and India, is anticipated to boost product demand from automotive, construction, consumer goods and electronics sectors.
China led the Asia Pacific market owing to rapid industrialization along with a large population base that supports continuous infrastructural development across various industries including energy & power generation for domestic consumption as well as exports globally. Europe accounted for a significant share of global prepreg carbon fiber industry followed by North America owing to growing aerospace manufacturing sector mainly due to high passenger traffic at airports worldwide coupled with increasing defense budget by NATO countries including Germany, France and U.K.
Growth Factors:
- Increasing demand for lightweight and high-performance materials in the aerospace, automotive, and construction industries
- Growing popularity of carbon fiber composites in wind energy applications
- Rising demand for prepreg carbon fiber from the electrical & electronics industry
- Increasing use of carbon fiber composites in sporting goods and leisure products
- Proliferation of advanced manufacturing technologies that facilitate production of high-quality prepreg carbon fibers
Scope Of The Report
Report Attributes
Report Details
Report Title
Prepreg Carbon Fiber Market Research Report
By Type
Thermoset, Thermoplastic
By Application
Energy, Automotive, Electronics, Others
By Companies
Gurit, Hexcel, Barrday, Zoltek, Zyvex Technologies, Teijin, SGL Carbon, Toray, AVIC Aviation High-Technology Co., Ltd., Gurit
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
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Prepreg Carbon Fiber Market Report Segments:
The global Prepreg Carbon Fiber market is segmented on the basis of:
Types
Thermoset, 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
Energy, Automotive, Electronics, 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:
- Gurit
- Hexcel
- Barrday
- Zoltek
- Zyvex Technologies
- Teijin
- SGL Carbon
- Toray
- AVIC Aviation High-Technology Co., Ltd.
- Gurit
Highlights of The Prepreg Carbon Fiber 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:
- Thermoset
- Thermoplastic
- By Application:
- Energy
- Automotive
- Electronics
- 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 Prepreg Carbon Fiber 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?
Prepreg carbon fiber is a type of carbon fiber that has been pre-treated in a chemical or mechanical process. This treatment makes the prepreg more resistant to degradation and makes it easier to handle and form into desired shapes.
Some of the major companies in the prepreg carbon fiber market are Gurit, Hexcel, Barrday, Zoltek, Zyvex Technologies, Teijin, SGL Carbon, Toray, AVIC Aviation High-Technology Co., Ltd., Gurit.
The prepreg carbon fiber 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 Prepreg Carbon Fiber 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 Prepreg Carbon Fiber Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Prepreg Carbon Fiber 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 Prepreg Carbon Fiber 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 Prepreg Carbon Fiber Market Size & Forecast, 2018-2028
4.5.1 Prepreg Carbon Fiber Market Size and Y-o-Y Growth
4.5.2 Prepreg Carbon Fiber Market Absolute $ Opportunity
Chapter 5 Global Prepreg Carbon Fiber 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 Prepreg Carbon Fiber Market Size Forecast by Type
5.2.1 Thermoset
5.2.2 Thermoplastic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Prepreg Carbon Fiber 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 Prepreg Carbon Fiber Market Size Forecast by Applications
6.2.1 Energy
6.2.2 Automotive
6.2.3 Electronics
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Prepreg Carbon Fiber 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 Prepreg Carbon Fiber 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 Prepreg Carbon Fiber Analysis and Forecast
9.1 Introduction
9.2 North America Prepreg Carbon Fiber 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 Prepreg Carbon Fiber Market Size Forecast by Type
9.6.1 Thermoset
9.6.2 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 Prepreg Carbon Fiber Market Size Forecast by Applications
9.10.1 Energy
9.10.2 Automotive
9.10.3 Electronics
9.10.4 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 Prepreg Carbon Fiber Analysis and Forecast
10.1 Introduction
10.2 Europe Prepreg Carbon Fiber 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 Prepreg Carbon Fiber Market Size Forecast by Type
10.6.1 Thermoset
10.6.2 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 Prepreg Carbon Fiber Market Size Forecast by Applications
10.10.1 Energy
10.10.2 Automotive
10.10.3 Electronics
10.10.4 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 Prepreg Carbon Fiber Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Prepreg Carbon Fiber 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 Prepreg Carbon Fiber Market Size Forecast by Type
11.6.1 Thermoset
11.6.2 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 Prepreg Carbon Fiber Market Size Forecast by Applications
11.10.1 Energy
11.10.2 Automotive
11.10.3 Electronics
11.10.4 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 Prepreg Carbon Fiber Analysis and Forecast
12.1 Introduction
12.2 Latin America Prepreg Carbon Fiber 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 Prepreg Carbon Fiber Market Size Forecast by Type
12.6.1 Thermoset
12.6.2 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 Prepreg Carbon Fiber Market Size Forecast by Applications
12.10.1 Energy
12.10.2 Automotive
12.10.3 Electronics
12.10.4 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) Prepreg Carbon Fiber Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Prepreg Carbon Fiber 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) Prepreg Carbon Fiber Market Size Forecast by Type
13.6.1 Thermoset
13.6.2 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) Prepreg Carbon Fiber Market Size Forecast by Applications
13.10.1 Energy
13.10.2 Automotive
13.10.3 Electronics
13.10.4 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 Prepreg Carbon Fiber Market: Competitive Dashboard
14.2 Global Prepreg Carbon Fiber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gurit
14.3.2 Hexcel
14.3.3 Barrday
14.3.4 Zoltek
14.3.5 Zyvex Technologies
14.3.6 Teijin
14.3.7 SGL Carbon
14.3.8 Toray
14.3.9 AVIC Aviation High-Technology Co., Ltd.
14.3.10 Gurit
