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Carbon Fiber Prepreg Market: Global Forecast until 2021

  • March 2017
  • 173 pages
  • ID: 4770691
In this report:
According to the Global Wind Energy Council (GWEC), China added ##,## MW of wind power capacity in 2015, which is almost ##% capacity addition in the Asia-Pacific region.
This is due to the growing demand for automobiles in countries such as China and India, which have shown a positive growth of ##.##% and ##.##%, respectively, in the automotive production from 2014 to 2015, according to the International Organization of Motor Vehicle Manufacturers (OICA).

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"The carbon fiber prepreg market is estimated to rise at a compound annual growth rate of 11.00 percent during the forecast period, 2016 to 2021."

The carbon fiber prepreg market is estimated to grow ~$7.2B by 2021, at a compound annual growth rate of 11.00 percent between 2016 and 2021. The main drivers fueling the increase of the carbon fiber prepreg market are growing demand for fuel efficient vehicles, increasing use of carbon fiber prepregs in the aerospace & defense and wind markets. Nevertheless, high processing and manufacturing costs of carbon fiber prepregs, together with issues related to their recyclability are the factors anticipated to restrain the rise of the carbon fiber prepreg market during the estimate period.

"In terms of value significance, the aerospace & defense application segment of the carbon fiber prepreg market is expected to increase at the maximal compound annual growth rate (CAGR) during the outlook period.

The aerospace & defense segment is leading the carbon fiber prepreg market, in terms of value importance and quantity. The properties exhibited by carbon fiber prepregs, including lightweight, ease of fabrication, resistance to corrosion and chemicals, and rised operational stability at high temperatures in comparison to other conventional materials, including metallic alloys and thermoset composites are the factors leading towards increased use of carbon fiber prepregs in the aerospace & defense sector.

"The North America carbon fiber prepreg market is expected to rise at the highest CAGR (Compound annual growth rate) from 2016 to 2021."

The North America carbon fiber prepreg market is expected to grow at the highest compound annual growth rate (CAGR) during the estimate period, 2016 to 2021. Growing demand for carbon fiber prepregs from the aerospace & defense and automotive sectors, together with the continuous urbanization and industrialization taking place in the territory is the factor anticipated to contribute towards the increase of the North America carbon fiber prepreg market during the outlook period.

This analysis has been approved through primaries managed with different market experts, globally. Those primary sources have been sliced into following three categories:

- By Company Type- Tier 1 - 35.0 percent, Tier 2 - 25.0 percent, and 1/3 3 - 40.0 percent

- By Designation- C Level - 30.0 percent, Director Level - 25.0 percent, and Others - 45.0 percent

- By Region- North America - 30.0 percent, Europe - 25.0 percent, Asia-Pacific - 30.0 percent, Latin America - 5.0 percent, and Middle East & Africa - 10.0 percent

Segment Research

This market report includes the carbon fiber prepreg market and forecasts the market value until 2021. The industry report includes the market segmentation on the basis of resin type (epoxy, phenolic, bismaleimide, cyanate ester, thermoplastic, and others), application (aerospace & defense, automotive, sports & leisure, wind, and others), manufacturing process (hot melt and solvent dip), and area (North America continent, Europe (EU), Asia Pacific (APAC), Latin America area, and the Middle East (ME) & African continent). Porter's five forces analysis together with drivers, industry restraints, possibilities, and opportunities has been discussed in this business report. It also offers company descriptions and competitive landscape approved by the top players in the carbon fiber prepreg market.

Why acquiring this study can help you:

The analysis will facilitate industry top players/new sector entrants in the carbon fiber prepreg market in these ways:

1. This document breaks down the carbon fiber prepreg market comprehensively and offers the closest approximations of revenues for the global market and its sub-segments across several verticals and localities.

2. The market research benefits partners comprehend the pulse of the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report benefits partners to comprehend their players and obtain business insights to improve their businesses. The competitive outlook section includes players' ecosystem, recent product launches, strategic agreements, business developments, and acquisitions.

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