Prepreg Market: Global Forecasts to 2021


Posted August 19, 2016 by Priyasharma

Prepreg Market size is projected to reach USD 8.64 billion by 2021, registering a CAGR of 10.12% between 2016 and 2021.

 
Prepreg Market size is projected to reach USD 8.64 billion by 2021, registering a CAGR of 10.12% between 2016 and 2021. The major drivers stimulating the growth of the prepreg market are increasing demand for lightweight and high performance materials in the aerospace & defense, wind energy, sporting goods, and automotive industries.

Complete report on Prepreg Market spread across 157 pages, profiling 10 companies and supported with 74 tables and 58 figures is now available at
http://www.rnrmarketresearch.com/prepreg-market-by-type-of-fiber-reinforcement-glass-fiber-carbon-fiber-aramid-fiber-by-types-of-resin-thermoset-thermoplastics-by-manufacturing-process-hot-melt-solvent-dip-by-application-market-report.html
The key drivers of prepreg in aerospace & defense industry are the global increase in the number of airplane deliveries in the near future, high performance properties such as light weight, excellent safety & acoustic features, and government regulations. To comply with regulatory norms, aerospace manufacturers such as Boeing (U.S.), Airbus (France), and GE Aviation (U.S.), have started using prepreg to manufacture primary and secondary structures and interior components of aircrafts. Thus, aerospace application would be the most profitable investment pocket for stakeholders.
Asia-Pacific is expected to be the fastest-growing market for prepreg in the next five years owing to the growth in number of wind capacities installed as well as increased number of airplane deliveries. Similarly, new product developments by various leading players are also leading to the growth of the prepreg market in this region. China leads the prepreg market in Asia-Pacific. Its consumption of prepreg has grown remarkably due to growth in the wind energy, sporting goods, and aerospace & defense industries.

This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (35%); Tier 2 (25%) and Tier 3 (40%) companies were contacted for interviews. The interviews were conducted with various key people such as C Level (30%), Directors Level (25%) and other (45%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (30%), Europe (25%), Asia-Pacific (30%), Latin America (10%) and the Middle East & Africa (5%).

The major companies profiled in this report include Royal Ten Cate N.V. (Netherland), Toray Industries, Ltd. (Japan), Teijin Ltd. (Japan), Hexcel Corporation (U.S.), SGL group (Germany), Gurit Holding AG. (Switzerland), Solvay SA Group (Belgium), Park Electrochemical Corp. (U.S.), Mitsubishi Rayon Co. Ltd, Axiom Materials (U.S.).

Ask for a discount before order a copy of Prepreg Market by Fiber Type (Carbon, Glass, and Aramid), Resin Type (Thermoset and Thermoplastic), Manufacturing Process (Hot-Melt and Solvent DIP), Application (Aerospace & Defense, Wind, Sporting good, Automotive, Electronics) - Global Forecast to 2021 at http://www.rnrmarketresearch.com/contacts/discount?rname=294592
The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
On a related note, another research titled with Non-Woven Glass Fiber Prepreg Market by Application (Wind Energy, Electronics, Automotive, Aerospace & Defense, and Others), and by Region (Asia-Pacific, Europe, North America, and Rest of the World) - Global Forecast to 2021. The global non-woven glass fiber prepreg market is projected to reach USD 834.5 million by 2021, at a CAGR of 8.8% between 2016 and 2021. Now available at http://www.rnrmarketresearch.com/non-woven-glass-fiber-prepreg-market-by-application-wind-energy-electronics-automotive-aerospace-defense-and-others-and-by-region-asia-pacific-europe-north-america-and-rest-of-the-world-global-forecast-to-2021-market-report.html .
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Issued By Priya
Country India
Categories Editorial , Education , Engineering
Tags prepreg
Last Updated August 19, 2016