Carbon Fiber Prepreg Market Overview, Market by Type, by Manufacturers, Regions Till 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.

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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.

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.

Access Report Summary with Detailed TOC at : https://www.psmarketresearch.com/market-analysis/carbon-fiber-prepreg-market

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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