Market Overview:
The global thermoplastic prepreg 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 fuel-efficient vehicles, and rising demand for thermoplastic prepregs in the aerospace and defense sector. The global thermoplastic prepreg market is segmented on the basis of type, application, and region. On the basis of type, it is divided into reinforced glass fiber thermoplastic prepregs, reinforced carbon fiber thermoplastic prepregs, and reinforced aramid fiber thermoplastic prepregs. Reinforced glass fiber thermoset preps are used extensively in automotive applications owing to their high strength-to-weight ratio as well as resistance against heat and corrosion. They are also finding increased use in wind turbine blades owing to their low thermal expansion coefficient that helps minimize blade warp under varying environmental conditions.
Product Definition:
Thermoplastic prepreg is a composite material made from thermoplastic resin and fiber reinforcement. It is often used in the aerospace and marine industries because it is lightweight and strong. Thermoplastic prepreg can be formed into complex shapes, which makes it ideal for use in aircraft parts and boat hulls.
Reinforced Glass Fiber Thermoplastic Prepreg:
Reinforced Glass Fiber Thermoplastic Prepreg, also known as RGT-TP or glass fiber reinforced thermoplastic prepreg is a new material designed to replace steel in structural applications. It has better compressive and tensile strength than steel at a given temperature and weight, better energy absorption capacity than concrete while still being able to retain the original structure after an accident (as compared to other materials), etc.
Reinforced Carbon Fiber Thermoplastic Prepreg:
Reinforced carbon fiber (RCCF) thermoplastic prepreg is a high-performance material, which consists of carbon fibers reinforced with polyester resin. It has superior properties such as low weight, high strength and stiffness, excellent thermal stability and dimensional stability at elevated temperatures. The product finds application in various industries including automotive & transportation and aerospace & defense owing to its enhanced performance characteristics.
Application Insights:
Aerospace and defense was the largest application segment in 2017. The product is used to manufacture aircraft components including nose cap, leading and trailing edge panels, spoilers, doorsills, empennage as well as other small parts. In addition, it is also utilized to produce fasteners for the aerospace industry such as screws & bolts along with nuts & washers.
The automotive sector accounted for 15% of overall revenue share in 2017 owing to increasing demand from end-use industries such as body panel manufacturing and powertrain component manufacturing. Thermoplastic prepregs are widely used across various applications including exterior body panels (exterior door module), interior trim pieces (headliner trim), powertrain components (power train housing cover) along with window glazing materials that are required on a daily basis in vehicles across the globe.
Regional Analysis:
North America is expected to be the largest market for thermoplastic prepreg over the forecast period. The growth of this region can be attributed to increasing defense spending by countries such as the U.S., Canada, and Mexico among others. In addition, aerospace companies are also expanding their business in this region due to low production cost coupled with high demand from end-users such as airlines and aircraft manufacturers.
The Asia Pacific is anticipated to witness significant growth over a projected period owing to rapid industrialization along with rising investments in infrastructure development projects by various governments across key economies including China, India, Japan among others are likely boost industry expansion over the next eight years (2018 - 2030). Moreover, growing automotive production mainly due to favorable government regulations will drive product demand further aiding regional market expansion during the same period.
Europe was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for lightweight and fuel-efficient vehicles
- Growing popularity of electric vehicles
- Rising demand from the aerospace industry
- Rapid growth in the construction sector
- Increasing use of thermoplastic prepregs in wind turbines
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermoplastic Prepreg Market Research Report
By Type
Reinforced Glass Fiber Thermoplastic Prepreg, Reinforced Carbon Fiber Thermoplastic Prepreg, Reinforced Aramid Fiber Thermoplastic Prepreg
By Application
Aerospace and Defense, Automotive, Others
By Companies
Teijin, Tencate, Cytec, Lanxess, Polystrand, Barrday, Chomarat, Vector Systems, Fibrtec, Porcher Industries Groupe
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Thermoplastic Prepreg Market Report Segments:
The global Thermoplastic Prepreg market is segmented on the basis of:
Types
Reinforced Glass Fiber Thermoplastic Prepreg, Reinforced Carbon Fiber Thermoplastic Prepreg, Reinforced Aramid Fiber Thermoplastic Prepreg
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, 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:
- Teijin
- Tencate
- Cytec
- Lanxess
- Polystrand
- Barrday
- Chomarat
- Vector Systems
- Fibrtec
- Porcher Industries Groupe
Highlights of The Thermoplastic 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:
- Reinforced Glass Fiber Thermoplastic Prepreg
- Reinforced Carbon Fiber Thermoplastic Prepreg
- Reinforced Aramid Fiber Thermoplastic Prepreg
- By Application:
- Aerospace and Defense
- Automotive
- 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 Thermoplastic 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?
Thermoplastic prepreg is a type of thermoplastic resin that is used to form parts and assemblies from a variety of materials. It can be formed into thin sheets or films, which can then be heat-treated and shaped into various parts. Thermoplastic prepreg is often used in the aerospace, automotive, medical device, and other industries because it offers many benefits over traditional plastics. These benefits include high strength and stiffness ratings, low weight compared to other materials options, resistance to environmental factors such as weathering and corrosion, and the ability to easily conform to complex shapes.
Some of the major players in the thermoplastic prepreg market are Teijin, Tencate, Cytec, Lanxess, Polystrand, Barrday, Chomarat, Vector Systems, Fibrtec, Porcher‚Â Industries‚Â Groupe.
The thermoplastic prepreg market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thermoplastic Prepreg Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Thermoplastic Prepreg Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thermoplastic Prepreg Market - Supply Chain
4.5. Global Thermoplastic Prepreg Market Forecast
4.5.1. Thermoplastic Prepreg Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thermoplastic Prepreg Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thermoplastic Prepreg Market Absolute $ Opportunity
5. Global Thermoplastic Prepreg Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Thermoplastic Prepreg Market Size and Volume Forecast by Type
5.3.1. Reinforced Glass Fiber Thermoplastic Prepreg
5.3.2. Reinforced Carbon Fiber Thermoplastic Prepreg
5.3.3. Reinforced Aramid Fiber Thermoplastic Prepreg
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thermoplastic Prepreg Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Thermoplastic Prepreg Market Size and Volume Forecast by Application
6.3.1. Aerospace and Defense
6.3.2. Automotive
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thermoplastic Prepreg Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Thermoplastic Prepreg Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Thermoplastic Prepreg Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Thermoplastic Prepreg Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Thermoplastic Prepreg Demand Share Forecast, 2019-2026
9. North America Thermoplastic Prepreg Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Thermoplastic Prepreg Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Thermoplastic Prepreg Market Size and Volume Forecast by Application
9.4.1. Aerospace and Defense
9.4.2. Automotive
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thermoplastic Prepreg Market Size and Volume Forecast by Type
9.7.1. Reinforced Glass Fiber Thermoplastic Prepreg
9.7.2. Reinforced Carbon Fiber Thermoplastic Prepreg
9.7.3. Reinforced Aramid Fiber Thermoplastic Prepreg
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Thermoplastic Prepreg Demand Share Forecast, 2019-2026
10. Latin America Thermoplastic Prepreg Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Thermoplastic Prepreg Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Thermoplastic Prepreg Market Size and Volume Forecast by Application
10.4.1. Aerospace and Defense
10.4.2. Automotive
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thermoplastic Prepreg Market Size and Volume Forecast by Type
10.7.1. Reinforced Glass Fiber Thermoplastic Prepreg
10.7.2. Reinforced Carbon Fiber Thermoplastic Prepreg
10.7.3. Reinforced Aramid Fiber Thermoplastic Prepreg
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Thermoplastic Prepreg Demand Share Forecast, 2019-2026
11. Europe Thermoplastic Prepreg Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Thermoplastic Prepreg Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Thermoplastic Prepreg Market Size and Volume Forecast by Application
11.4.1. Aerospace and Defense
11.4.2. Automotive
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thermoplastic Prepreg Market Size and Volume Forecast by Type
11.7.1. Reinforced Glass Fiber Thermoplastic Prepreg
11.7.2. Reinforced Carbon Fiber Thermoplastic Prepreg
11.7.3. Reinforced Aramid Fiber Thermoplastic Prepreg
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Thermoplastic Prepreg Demand Share, 2019-2026
12. Asia Pacific Thermoplastic Prepreg Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Thermoplastic Prepreg Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Thermoplastic Prepreg Market Size and Volume Forecast by Application
12.4.1. Aerospace and Defense
12.4.2. Automotive
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thermoplastic Prepreg Market Size and Volume Forecast by Type
12.7.1. Reinforced Glass Fiber Thermoplastic Prepreg
12.7.2. Reinforced Carbon Fiber Thermoplastic Prepreg
12.7.3. Reinforced Aramid Fiber Thermoplastic Prepreg
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Thermoplastic Prepreg Demand Share, 2019-2026
13. Middle East & Africa Thermoplastic Prepreg Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Thermoplastic Prepreg Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Thermoplastic Prepreg Market Size and Volume Forecast by Application
13.4.1. Aerospace and Defense
13.4.2. Automotive
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thermoplastic Prepreg Market Size and Volume Forecast by Type
13.7.1. Reinforced Glass Fiber Thermoplastic Prepreg
13.7.2. Reinforced Carbon Fiber Thermoplastic Prepreg
13.7.3. Reinforced Aramid Fiber Thermoplastic Prepreg
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Thermoplastic Prepreg Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thermoplastic Prepreg Market: Market Share Analysis
14.2. Thermoplastic Prepreg Distributors and Customers
14.3. Thermoplastic Prepreg Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Teijin
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tencate
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cytec
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lanxess
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Polystrand
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Barrday
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Chomarat
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Vector Systems
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Fibrtec
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Porcher Industries Groupe
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
