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Prepreg (Pre-Impregnated Composite Fibers) - Global Strategic Business Report

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    Report

  • 611 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 1882059
The global market for Prepreg (Pre-Impregnated Composite Fibers) is estimated at US$8.4 Billion in 2023 and is projected to reach US$18.0 Billion by 2030, growing at a CAGR of 11.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the prepreg market is driven by several factors. Firstly, the increasing demand for lightweight and high-strength materials in the aerospace and automotive industries is a major driver, as prepregs offer significant weight savings and performance improvements. Secondly, advancements in resin systems and fiber technology are enhancing the properties and applications of prepregs. Thirdly, the growing emphasis on renewable energy and the expansion of wind energy projects are boosting the demand for prepregs in wind turbine manufacturing.

Additionally, the rise in demand for high-performance sports equipment is contributing to the market growth. Furthermore, the adoption of prepregs in the construction of advanced medical devices and infrastructure components is expanding their application scope. Lastly, the development of cost-effective manufacturing processes and the increasing availability of prepreg materials are making them more accessible to a broader range of industries.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Carbon Fiber Prepreg segment, which is expected to reach US$15.3 Billion by 2030 with a CAGR of a 11.9%. The Glass Fiber Prepreg segment is also set to grow at 8.9% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $2.3 Billion in 2023, and China, forecasted to grow at an impressive 15.2% CAGR to reach $2.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Prepreg (Pre-Impregnated Composite Fibers) Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Prepreg (Pre-Impregnated Composite Fibers) Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Prepreg (Pre-Impregnated Composite Fibers) Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as 3M Company, Arkema Group, Advanced International Multitech Co., Ltd., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 98 Featured):

  • 3M Company
  • Arkema Group
  • Advanced International Multitech Co., Ltd.
  • Arisawa Mfg. Co., Ltd.
  • 5M Sro
  • ACP Composites, Inc.
  • Advanced Materials Technology (Pty) Ltd.
  • Airtech International, Inc.
  • Allred & Associates, Inc. - Dragonplate
  • APCM LLC
  • Australian Composites Pty., Ltd.
  • Axiom Materials, Inc.
  • Barrday Inc.
  • Airtech Advanced Materials Group
  • AWA PAPER & TECHNOLOGICAL COMPANY, Inc.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Prepregs: Market Prospects and Outlook
  • Global Economic Update
  • Prepreg (Pre-Impregnated Composite Fibers) - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • An Introduction to Pre-Impregnated Composite Fibers (Prepregs)
  • Typical Properties of Prepreg Composites
  • Resins Used in Prepregs
  • Basic Forms of Prepregs
  • Manufacture of Prepregs
  • Energy Intensity of Production Processes during Prepreg Manufacture
  • Applications of Prepregs
  • Major Segment Markets
  • Thermosetting Resins Hold Leading Market Share
  • Carbon Fiber Prepregs: The Most Widely Used Type
  • Aerospace & Defense: The Largest End-Use Market for Prepregs
  • North America and Europe Lead, China and Asia-Pacific Exhibit Fastest Growth
WORLD BRANDS
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Prepreg Market to Gain from the Significant Growth Potential of the Wind Energy Sector
  • Global Energy Generation Mix (in %) for 2018 and 2050
  • Global Wind Power Market: Cumulated Installed Capacity (in GW) for the Years 2014 through 2023
  • Prepregs Hold Promise as Replacement for Resin-Infused Glass Fiber in Wind Blade Spar Caps
  • Prepregs Critical to the Aerospace Sector
  • Rise in Air Passenger Traffic and Demand for Modern Aircraft Present Long-term Growth Opportunities for the Market
  • Global Commercial Aircraft Fleet Projections: Breakdown of Fleet (in Units) by Region for 2019 and 2040
  • Epoxy Prepreg: The Popular Resin Type
  • Aerospace MRO Market for Composite Components
  • Aircraft Interior Manufacturers Increasingly Rely on Composites
  • OAA Alternatives Emerge in Aerospace Composite Manufacturing
  • Prepregs Attract Attention for Use in Defense Applications
  • Growing Adoption of UAVs Widens Potential Opportunities for Prepregs
  • Space Exploration Missions to Augur Well for the Advanced Composites Market
  • Auto Industry’s Shift towards Fuel Efficient Vehicles Fuels Demand for Lightweight Composites, Benefiting Prepregs Market
  • World Automobile Production (in Million Units) for the Period 2008-2022
  • Auto Industry’s Focus on Lightweight Construction Drives Measures to Achieve CO2 Targets: OEM Fleet Target Development in the EU (in g CO2/km)
  • Performance Characteristics of Common Lightweight Materials
  • Automakers, Suppliers Eye EV Opportunities
  • World Electric Vehicles (EVs) Annual Sales in Thousand Units for Years 2020, 2022, 2024, and 2026
  • Advanced Composites Witness Growing Use in Automobiles
  • Advanced Resin Materials and Production Techniques Enable Mass Manufacture of Automotive Components
  • Need for Durable Recreational and Sports Goods & Equipment Augurs Well for Prepregs Market
  • Global Sports Equipment Market Size (in US$ Billion) for 2019, 2022 and 2025
  • Snow Skis: An Important Market for Prepregs
  • Marine Industry Offers Pockets of Opportunities to Prepregs, as Marine Vessel Construction Moves towards Advanced Composites
  • Boat Industry Heralds the Arrival of Marine Composites
  • Carbon Fiber Prepregs Market: Superior Properties Support Growing Use in Key End-Use Markets
  • Aerospace & Defense, Automotive & Wind Energy: Major End-Use Sectors
  • Material Properties and Performance Benefits Support Demand for Thermoplastic Prepregs
  • Tow Prepregs Market: Market Growth Linked to Aerospace & Auto Industries
  • Glass Fiber Prepreg Market: An Overview
  • Non-Woven Glass Fiber Prepregs Continue to Find Increasing Use
  • Out-of-Autoclave Prepregs: A Small Yet Prominent Part of Overall Prepregs Market
  • High-Performance OOA Prepregs: A Key Milestone for Aerospace Primary Structures
  • Are OOA Prepreg a Game Changer?
  • Manufacturing Technology Advances Fuel Commodity Prepreg Applications
  • User-Friendly and Automated Prepreg Machines: Enabling Manufacture of High-Quality Prepregs
  • Chopped Prepreg Molding Compounds Attract Attention
  • Innovations Drive Improvements in Prepreg Efficiencies and Applications
  • In The Spotlight: Prepreg Advancements
  • High Cost of Recycling Prepregs Remains a Key Challenge for the Industry
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Recent Past, Current & Future Analysis for Carbon by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 2: World Historic Review for Carbon by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 3: World 16-Year Perspective for Carbon by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 4: World Recent Past, Current & Future Analysis for Glass by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 5: World Historic Review for Glass by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 6: World 16-Year Perspective for Glass by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 7: World Recent Past, Current & Future Analysis for Aramid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 8: World Historic Review for Aramid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 9: World 16-Year Perspective for Aramid by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 10: World Recent Past, Current & Future Analysis for Thermoset by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 11: World Historic Review for Thermoset by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 12: World 16-Year Perspective for Thermoset by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 13: World Recent Past, Current & Future Analysis for Thermoplastic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 14: World Historic Review for Thermoplastic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 15: World 16-Year Perspective for Thermoplastic by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 16: World Recent Past, Current & Future Analysis for Aerospace & Defense by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 17: World Historic Review for Aerospace & Defense by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 18: World 16-Year Perspective for Aerospace & Defense by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 19: World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 20: World Historic Review for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 21: World 16-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 22: World Recent Past, Current & Future Analysis for Wind Energy by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 23: World Historic Review for Wind Energy by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 24: World 16-Year Perspective for Wind Energy by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 25: World Recent Past, Current & Future Analysis for Sporting Goods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 26: World Historic Review for Sporting Goods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 27: World 16-Year Perspective for Sporting Goods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 28: World Recent Past, Current & Future Analysis for Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 29: World Historic Review for Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 30: World 16-Year Perspective for Electronics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 31: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 32: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 33: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 34: World Prepreg (Pre-Impregnated Composite Fibers) Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • TABLE 35: World Recent Past, Current & Future Analysis for Prepreg (Pre-Impregnated Composite Fibers) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 36: World Historic Review for Prepreg (Pre-Impregnated Composite Fibers) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 37: World 16-Year Perspective for Prepreg (Pre-Impregnated Composite Fibers) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Prepreg (Pre-Impregnated Composite Fibers) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Prepreg (Pre-Impregnated Composite Fibers) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Prepreg (Pre-Impregnated Composite Fibers) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Prepreg (Pre-Impregnated Composite Fibers) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Prepreg (Pre-Impregnated Composite Fibers) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EAST
AFRICA
  • Prepreg (Pre-Impregnated Composite Fibers) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned

  • 3M Company
  • Arkema Group
  • Advanced International Multitech Co., Ltd.
  • Arisawa Mfg. Co., Ltd.
  • 5M Sro
  • ACP Composites, Inc.
  • Advanced Materials Technology (Pty) Ltd.
  • Airtech International, Inc.
  • Allred & Associates, Inc. - Dragonplate
  • APCM LLC
  • Australian Composites Pty., Ltd.
  • Axiom Materials, Inc.
  • Barrday Inc.
  • Airtech Advanced Materials Group
  • AWA PAPER & TECHNOLOGICAL COMPANY, Inc.

Table Information