Prepreg Market 2027 – Forecast & Projected Growth

By | June 14, 2023
Prepreg Market

Global Prepreg Market is anticipated to grow at double-digit CAGR through 2027 owing to increasing demand for lightweight and high-performance materials in the aerospace and automotive, new product developments by various leading players, and increasing investment by the government in aerospace & defense. Based on resin type, the market has been categorized into Thermoset Prepreg and Thermoplastic Prepreg. The thermoplastic prepreg is projected to grow at the highest CAGR during the forecast period due to the ease of molding into various shapes.

APAC region is projected to be the fastest-growing market for prepreg between 2022 and 2027 owing to increasing investments by the government in aerospace & defense and new product developments by various leading players. China leads the market of prepreg in the Asia-Pacific region due to growing wind energy and aerospace & defense industries. The major players in the prepreg market are Royal Ten Cate N.V., Teijin Ltd., and Hexcel Corporation, among others.

Some of the leading players in the Global Prepregs Market

  • Gurit Holding Ag
  • Barrday Inc.
  • Solvay Group
  • Royal Tencate N.V.
  • Axiom Materials
  • Mitsubishi Rayon Co. Ltd.
  • Park Electrochemical Corp.
  • SGL Group
  • Toray Industries Inc.
  • Teijin Limited
  • Hexcel Corporation
  • Quantum Composites
  • Hankuk Carbon Co Ltd, etc.

The Objective of the Study:

  • To analyze and forecast the market size of Prepreg Market, in terms of value and volume.
  • To classify and forecast Global Prepreg Market based on Type of fiber Reinforcement, Resin Type, manufacturing process, application, and regional distribution.
  • To identify drivers and challenges for Global Prepreg Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Prepregs Market.
  • To conduct the pricing analysis for Prepreg Market.
  • To identify and analyze the profile of leading players involved in the manufacturing of the Global Prepreg Market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels, and presence of all major collaboration manufacturers across the globe.

TechSci Research calculated the market size of the Global Prepregs Market using a bottom-up approach, where data for various end-user industries and their application across various product types were recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated them by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as the company website, news articles, press releases, company annual reports, investor presentations, and financial reports were also used by TechSci Research.

Key Target Audience:

  • Prepreg Manufacturers
  • Traders, Distributors, and Suppliers
  • Raw Material Suppliers
  • Industry associations and experts
  • Research organizations and consulting companies.
  • Research Institutes
  • Industry associations
  • Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

AttributeDetails
Base Year2021
Historical Data2017 – 2020
Estimated Year2022
Forecast Period2023 – 2027
Quantitative UnitsRevenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F 
Report coverageRevenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends 
Segments covered·         Type of Fibre Reinforcement·         Resin Type·         Manufacturing Process·         Application
Regional scopeNorth America; Europe; Asia Pacific; South America; Middle East & Africa
Country scopeUnited States, Mexico, Canada, China, India, Japan, South Korea, Australia; Singapore, Malaysia, Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Qatar, Brazil, Argentina, Colombia
Key companies profiledGurit Holding Ag, Solvay Group, Royal Tencate N.V., Barrday Inc. Quantum Composites, Hankuk Carbon Co Ltd, Axiom Materials, Mitsubishi Rayon Co. Ltd., Park Electrochemical Corp., SGL Group, Toray Industries Inc., Teijin Limited, Hexcel Corporation.
Customization scope10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase optionsAvail customized purchase options to meet your exact research needs. Explore purchase options
Delivery FormatPDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Global Prepreg Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Prepreg Market, By Type of Fibre Reinforcement:
    • Carbon Fibre Prepreg
    • Glass Fibre Prepreg
    • Aramid Fibre Prepreg
  • Prepreg Market, By Resin Type:
    • Thermoset Prepreg
    • Thermoplastic Prepreg
  • Prepreg Market, By Manufacturing Process:
    • Solvent Dip Process
    • Hot-Melt Process
  • Prepreg Market, By Application:
    • Automotive
    • Electronics
    • Sporting Goods
    • Aerospace & Défense
    • Others
  • Prepreg Market, by Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe & CIS
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Prepreg Market.

Available Customizations:

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Table of Content

Product Overview

  1. Research Methodology
  2. Executive Summary
  3. Voice of Customer

4.1.  Product Awareness

4.2.  Product Pricing

4.3.  Challenges & Unmet Needs

  1. Impact of COVID-19 on Global Prepreg Market 
  2. Global Prepreg Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Type of Fiber Reinforcement (Carbon Fiber Prepreg, Glass Fiber Prepreg and Aramid Fiber Prepreg)

6.2.2.     By Resin Type (Thermoset Prepreg and Thermoplastic Prepreg)

6.2.3.     By Moulding (Closed, Compression)

6.2.4.     By Manufacturing Process (Solvent Dip Process and Hot-Melt Process)

6.2.5.     By Application (Automotive, Aerospace & Défense, Electronics, Renewables, Marines, Sporting Goods,  and Others)

6.2.6.     By Company

6.3.  Market Attractiveness Index

  1. Asia-Pacific Prepreg Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Type of Fiber Reinforcement

7.2.2.     By Resin Type

7.2.3.     By Moulding

7.2.4.     By Application

7.2.5.     By Country

7.3.  Market Attractiveness Index

7.4.  Asia-Pacific: Country Analysis

7.4.1.     China Prepreg Market Outlook

7.4.1.1.         Market Size & Forecast

7.4.1.1.1.             By Value & Volume

7.4.1.2.         Market Share & Forecast

7.4.1.2.1.             By Type of Fiber Reinforcement

7.4.1.2.2.             By Application

7.4.1.3.         Market Attractiveness Index

7.4.2.     India Prepreg Market Outlook

7.4.2.1.         Market Size & Forecast

7.4.2.1.1.             By Value & Volume

7.4.2.2.         Market Share & Forecast

7.4.2.2.1.             By Type of Fiber Reinforcement

7.4.2.2.2.             By Application

7.4.2.3.         Market Attractiveness Index

7.4.3.     Japan Prepreg Market Outlook

7.4.3.1.         Market Size & Forecast

7.4.3.1.1.             By Value & Volume

7.4.3.2.         Market Share & Forecast

7.4.3.2.1.             By Type of Fiber Reinforcement

7.4.3.2.2.             By Application

7.4.3.3.         Market Attractiveness Index

7.4.4.     South Korea Prepreg Market Outlook

7.4.4.1.         Market Size & Forecast

7.4.4.1.1.             By Value & Volume

7.4.4.2.         Market Share & Forecast

7.4.4.2.1.             By Type of Fiber Reinforcement

7.4.4.2.2.             By Application

7.4.4.3.         Market Attractiveness Index

7.4.5.     Australia Prepreg Market Outlook

7.4.5.1.         Market Size & Forecast

7.4.5.1.1.             By Value & Volume

7.4.5.2.         Market Share & Forecast

7.4.5.2.1.             By Type of Fiber Reinforcement

7.4.5.2.2.             By Application

7.4.5.3.         Market Attractiveness Index

7.4.6.     Singapore Prepreg Market Outlook

7.4.6.1.         Market Size & Forecast

7.4.6.1.1.             By Value & Volume

7.4.6.2.         Market Share & Forecast

7.4.6.2.1.             By Type of Fiber Reinforcement

7.4.6.2.2.             By Application

7.4.6.3.         Market Attractiveness Index

7.4.7.     Malaysia Prepreg Market Outlook

7.4.7.1.         Market Size & Forecast

7.4.7.1.1.             By Value & Volume

7.4.7.2.         Market Share & Forecast

7.4.7.2.1.             By Type of Fiber Reinforcement

7.4.7.2.2.             By Application

7.4.7.3.         Market Attractiveness Index