The Prepreg Global Market Report 2023, provides comprehensive information on the prepreg market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Prepreg Market’s Growth:
https://www.thebusinessresearchcompany.com/report/prepreg-global-market-report
Top 5 Major Key Players Are:
Axiom Materials Inc.
Gurit Holding AG
Hexcel Corporation
Mitsubishi Chemical Carbon Fiber And Composites Inc.
Park Aerospace Corporation
As per The Business Research Company’s Prepreg Global Market Report 2023, the market size grew from $7.72 billion in 2022 to $8.69 billion in 2023 at a compound annual growth rate (CAGR) of 12.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the prepreg market is expected to grow to $13.58 billion in 2027 at a CAGR of 11.8%.
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Technological advancements are a key trend gaining significant popularity in the prepreg market. Major companies operating in the prepreg market are focused on developing new technological solutions to strengthen their position. For instance, in February 2020, Solvay, a Belgium-based company operating in prepreg, launched CYCOM® EP2750, a market-first technology that enables the high-rate, cost-effective manufacture of aerospace structural parts. This includes advanced continuous fibre prepreg materials and process characteristics required for achieving aerospace quality and performance using compression moulding processing technology. This advanced prepreg has been applied to both primary and secondary structures and is compatible with multiple reinforcements and provides high-notched compression properties.
The prepreg market is segmented:
1) By Type of Fiber Reinforcement: Carbon Fiber Prepreg, Glass Fiber Prepreg, Other Types of Fiber Reinforcement
2) By Form: Tow Prepreg, Fabric Prepreg
3) By Manufacturing Process: Hot-Melt Process, Solvent Dip Process
4) By Application: Aerospace And Defense, Wind Energy, Automotive, Sporting Goods, Electronics (PCB), Other Applications
North America was the largest region in the prepreg market in 2022.
The table of contents in TBRC’s prepreg market report includes:
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List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Prepreg Market, Segmentation By Type of Fiber Reinforcement, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Prepreg Market, Segmentation By Form, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Prepreg Market, Segmentation By Manufacturing Process, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
…………
Table 47: Axiom Materials Inc Financial Performance
Table 48: Gurit Holding AG Financial Performance
Table 49: Hexcel Corporation Financial Performance
Table 50: Mitsubishi Chemical Carbon Fiber And Composites Inc. Financial Performance
Table 51: Park Aerospace Corporation Financial Performance
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