Press Release

Prepreg Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024

Prepreg

The “Prepreg Market” research report 2019 delivers comprehensive information about the market ranging from the establishment to the predictable growth trend. Prepreg market report provides brief analytical data of the market contenders globally using advanced methodological approaches, such as SWOT analysis, production chain, cost, sales margin, financial details, recent developments. Prepreg market report also offers market competitors that includes detailed company profiles along with company product specifications.

Market Overview:

  • The global prepreg market is expected to record a CAGR of over 4% during the forecast period. Prepregs are composites, impregnated with reinforcement fibers that provide several advantages, such as corrosion resistance, higher strength to weight ratio, lower maintenance, and longer lifecycle in comparison to traditional counterparts of steel and aluminum.
  • – The market is majorly driven by the rising demand from wind energy and aerospace & defense applications.
  • – Autoclave and maintenance constraints are expected to hinder the markets growth.
  • – Narrowing supply-demand gap and technical advancements in prepreg product development are likely to act as an opportunity to the global prepreg market over the forecast period.

    Get a Sample Copy of the Report – https://www.industryresearch.co/enquiry/request-sample/14275308

    In Prepreg Market Report, Following Companies Are Covered:

  • AXIOM MATERIALS
  • Composite Resources Inc.
  • Gurit
  • Gurit
  • Hexcel Corporation
  • Huntsman International LLC.
  • ISOLA GROUP
  • Koninklijke Ten Cate bv.
  • Mitsubishi Chemical Carbon Fiber and Composites
  • Inc.
  • PARK ELECTROCHEMICAL CORP.
  • Renegade Materials Corporation
  • SGL Carbon
  • Solvay
  • Sunrez Corporation
  • TEIJIN LIMITED
  • TORAY INDUSTRIES
  • INC.
  • Ventec International Group
  • YOKOHAMA AEROSPACE AMERICA
  • INC.
  • ZOLTEK

    Prepreg Market 2019 report will help the industry aspirants in arranging their strategies. The measurements offered in this report will be an exact and helpful manual to shape the business development. Additionally, will Provide historical data along with a future forecast and detailed analysis and also expected opportunities.

    Scope of the Report:

  • This report studies the global Prepreg market size, industry status and forecast, competition landscape and growth opportunity.

    Reasons for Buying Prepreg Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

    For More Information or Query or Customization Before Buying, Visit at – https://www.industryresearch.co/enquiry/pre-order-enquiry/14275308

    Key Market Trends:

    Aerospace and Defense Industry to Drive the Market

    – Owing to the superior strength-to-weight ratio of prepregs there is high demand for prepregs from the aerospace sector. Prepregs (especially carbon prepregs) are increasingly being used to replace their metal counterparts, to manufacture interior and exterior structures, as the specific strength and modulus of the former are higher than most metallic alloys.
    – Increased expenditure on specialized military equipment in the defense sector, due to the current increase in defense budgets and the resurgence of global security threats in key nations (such as the United Kingdom, France, Japan, and several Middle Eastern countries), is expected to boost the demand for prepregs.
    – Robust increases of global revenue passenger kilometers (RPKs), year over year, are leading to an unprecedented level of aircraft production rates (which in 2018, were about twice the levels experienced a decade ago).
    – Overall, a steady growth rate in the aerospace industry and increased applications of prepregs in military applications provide a great opportunity and growth potential for prepreg manufacturers.

    United States to dominate the North America Market

    – The United States is the world’s largest and most powerful economy in the world. The economy’s growth rate was 2.9% in 2018 and is expected to increase by 2.3% in the year 2019.
    – The aerospace and the defense sectors of the United States are the largest in the world. Defense budgets are increasing with rising global tensions, in order to equip the armed forces with modern platforms.
    – More spending in the defense and aerospace sector is likely to be seen in the coming years, which in turn, is expected to drive the demand for prepreg in the United States.
    – Major players in the United States are expected to increase their investments in the development of advanced prepregs for use in newer applications in industrial sectors, which is likely to lead to increased consumption of prepregs in the future.
    – The automotive market of the United States (which is one of the largest in the world) has currently slowed down, while it is expected to grow at a moderately high rate in the forecast period, and the light commercial vehicles market is expected to grow at a moderately low rate during the forecast period. It is expected to drive the market for prepreg, significantly.

    The Research Document Will Answer Following Questions Such as:

    • What are the cutting-edge technologies responsible for driving the growth of the market?
    • What are the main applications of the market? What are the growth prospects to the market applications into the market?
    • At what stage of development are the key market products?
    • What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?
    • What is the outlook for the industry?
    • What difference does performance characteristics of Prepreg create from those of established entities?

    Purchase this Report (Price 4250 USD for single user license) – https://www.industryresearch.co/purchase/14275308

    Detailed TOC of Prepreg Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Growing Demand from the Aerospace and Defense Sector
    4.1.2 Growing Demand from the Wind Sector
    4.1.3 Increased Adoption of Carbon Prepreg
    4.2 Restraints
    4.2.1 Autoclave and Maintenance Constraints
    4.3 Industry Value-Chain Analysis
    4.4 Porters 5 Force Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition

    5 MARKET SEGMENTATION
    5.1 Resin Type
    5.1.1 Thermoset
    5.1.2 Thermoplastic
    5.2 Fiber Type
    5.2.1 Carbon
    5.2.2 Glass
    5.2.3 Aramid
    5.3 End-user Industry
    5.3.1 Aerospace and Defense
    5.3.2 Automotive
    5.3.3 Electrical and Electronics
    5.3.4 Wind Turbine
    5.3.5 Leisure
    5.3.6 Other End-user Industries
    5.4 Geography
    5.4.1 Asia-Pacific
    5.4.1.1 China
    5.4.1.2 India
    5.4.1.3 Japan
    5.4.1.4 South Korea
    5.4.1.5 Rest of Asia-Pacific
    5.4.2 North America
    5.4.2.1 United States
    5.4.2.2 Canada
    5.4.2.3 Mexico
    5.4.3 Europe
    5.4.3.1 Germany
    5.4.3.2 United Kingdom
    5.4.3.3 Italy
    5.4.3.4 France
    5.4.3.5 Rest of Europe
    5.4.4 South America
    5.4.4.1 Brazil
    5.4.4.2 Argentina
    5.4.4.3 Rest of South America
    5.4.5 Middle East & Africa
    5.4.5.1 Saudi Arabia
    5.4.5.2 South Africa
    5.4.5.3 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 AXIOM MATERIALS
    6.4.2 Composite Resources Inc.
    6.4.3 Gurit
    6.4.4 Gurit
    6.4.5 Hexcel Corporation
    6.4.6 Huntsman International LLC.
    6.4.7 ISOLA GROUP
    6.4.8 Koninklijke Ten Cate bv.
    6.4.9 Mitsubishi Chemical Carbon Fiber and Composites, Inc.
    6.4.10 PARK ELECTROCHEMICAL CORP.
    6.4.11 Renegade Materials Corporation
    6.4.12 SGL Carbon
    6.4.13 Solvay
    6.4.14 Sunrez Corporation
    6.4.15 TEIJIN LIMITED
    6.4.16 TORAY INDUSTRIES, INC.
    6.4.17 Ventec International Group
    6.4.18 YOKOHAMA AEROSPACE AMERICA, INC.
    6.4.19 ZOLTEK

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Narrowing Supply-Demand Gap
    7.2 Technical Advancements in Prepreg Product Development

     

    Contact Us:

    Name: Ajay More

    Phone: US +14242530807/ UK +44 20 3239 8187

    Email: [email protected]

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