Carbon Fiber Prepreg Market | Worldwide Global Market Analysis and Trend - 2023
The global carbon fiber prepreg market is expected to witness a growth during the forecast period (2017-2023) owing to the increasing demand for lightweight and high performance materials in the wind energy, aerospace and defense, automotive and sporting goods applications.
Prepreg is a reinforcement fabric impregnated with a resin system. Some of the reinforcements used for prepreg are glass, carbon, and aramid fibers. Higher specific stiffness, specific strength, greater corrosion resistance and faster manufacturing are the drivers for the growth of carbon fiber prepreg market.
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Carbon fiber prepregs are made from carbon fibers with thermoset resins such as epoxy, phenols and thermoplastic resins such as PEEK. Prepreg has high strength-to-weight ratio, high resistance to corrosion and fatigue and fire resistance thus, favorable for commercial and industrial applications.
Prepregs are manufactured via two processes: holt melt and solvent dip. In the hot melt process, both fabric and unidirectional prepregs are produced via two processes: pre-lamination of a substrate paper and impregnation of the fibers.
Carbon fiber prepreg find applications in wind turbine blades, primary and secondary structures in aerospace and automotive applications, bicycle frames, tennis rackets, golf shafts and others.
The key trend projecting a growth in the carbon fiber prepreg market is economic growth of emerging economies, development and launch of various innovative products and urbanization across the globe.
The major companies operating in the global market for carbon fiber prepreg are SGL Group, Gurit Holding AG, Park Electrochemical Corporation, Toray Industries, Inc., Teijin Limited, Royal TenCate N.V., Hexcel Corporation, Cytec Solvay Group, Mitsubishi Rayon Co., Ltd. and Axiom Materials.
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The major challenges faced by the global market for carbon fiber prepreg are the high processing and manufacturing costs and issues related to the recyclability.

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