Prepreg Market Growth Analysis | Celanese Corp., Gurit Holding AG, Haci Omer Sabanci Holding AS are among the key contributors discussed
Competitive Benchmarking and Vendor Forecasts for 2021-2025
Accelerating at a CAGR of 6.84%, the prepreg market is expected to post an incremental growth of $ 2.08 billion over the next five years. The research report provides insights into the top market players and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The market is fragmented. Celanese Corp., Gurit Holding AG, Haci Omer Sabanci Holding AS, Hexcel Corp., Mitsubishi Chemical Corp., Park Aerospace Corp., SGL Carbon SE, Solvay SA, Teijin Ltd., and Toray TCAC Holding BV are some of the leading vendors in the market.
The growth of the market players depends on several factors such as market conditions, government support, and industry development. Market participants need to identify opportunities within the market by offering unique product and service offerings. This report will equip our clients with a detailed analysis of the market so that they can evolve their own business strategy for recovery and growth in the post-pandemic era.
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Prepreg Market: Market Highlights
- The Prepreg market is segmented by Type (carbon fiber, glass fiber, and aramid fiber), Application (aerospace and defense, wind energy, automotive, and others), and Geography (North America, Europe, APAC, South America, and MEA).
- North America led the market with 52% of the market growth set to originate from this region during the forecast period.
- Demand for lightweight materials from the automotive sector is one of the primary factors driving the growth of the prepreg market. There has been a significant increase in the demand for carbon fibers to be incorporated in the production vehicles in a bid to developt greater fuel-efficiency in automobiles. The reduction in the weight of an automotive has also enabled OEMs to adhere to the low carbon emission regulations.
- The report provides a detailed study of this and all the other drivers that will boost market growth. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. For more insights on this market: Download a Free Sample Report
Key Focus Areas in Our Reports:
- Market segments
- Comparison by Product
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- De-heading and gutting equipment - Market size and forecast 2020-2025
- Grading equipment - Market size and forecast 2020-2025
- Scaling equipment - Market size and forecast 2020-2025
- Others - Market size and forecast 2020-2025
- Market opportunity by Product
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Celanese Corp.
- Gurit Holding AG
- Haci Omer Sabanci Holding AS
- Hexcel Corp.
- Mitsubishi Chemical Corp.
- Park Aerospace Corp.
- SGL Carbon SE
- Solvay SA
- Teijin Ltd.
- Toray TCAC Holding BV
Browse through some of other related market research reports for more insights:
- Carbon Fiber Prepreg Market: The Carbon Fiber Prepreg Market is projected to post an incremental growth of $ 1.14 bn, at a CAGR of almost 8% till 2025.
- Prepreg Market in North America: Technavio has been monitoring the prepreg market in North America and it is expected to grow by $ 955.83 million, accelerating at a CAGR of almost 6.61% during the forecast period.
The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of over 6.84%.
- What is the incremental growth of the market?
The market is expected to grow by $ 2.08 bn through 2021-2025.
- What is a key factor driving this market?
Demand for lightweight materials in automotive sector will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.
- Which is the leading geographic region for this market:
52% growth will originate from North America
- Who are the leading market vendors?
The leading vendors in this market are Celanese Corp., Gurit Holding AG, Haci Omer Sabanci Holding AS, Hexcel Corp., Mitsubishi Chemical Corp., Park Aerospace Corp., SGL Carbon SE, Solvay SA, Teijin Ltd., and Toray TCAC Holding BV
- What are the market segments covered in this report?
The market is segmented by Type (carbon fiber, glass fiber, and aramid fiber), Application (aerospace and defense, wind energy, automotive, and others), and Geography (North America, Europe, APAC, South America, and MEA)
