The prepreg market is growing at a CAGR of more than 10.7% between 2015 and 2020 and is expected to generate the global market size in terms of value with $6.97 Billion by 2020.
(PRWEB) June 17, 2015
The global prepreg market size in terms of value is projected to grow at a CAGR of more than 10.7% between 2015 and 2020.
- North America is currently the largest market for prepreg.
- U.S. is the largest consumer of prepreg in this region.
- Aerospace & defense, and automotive are the favorable market applications for prepreg market growth in this region.
Browse 82 market data tables & 58 figures spread through 154 pages and in-depth TOC on “Prepreg Market" at http://www.rnrmarketresearch.com/prepreg-market-by-type-of-fiber-reinforcement-glass-fiber-carbon-fiber-aramid-fiber-by-types-of-resin-thermoset-thermoplastics-by-manufacturing-process-hot-melt-solvent-dip-by-application-market-report.html .
As a part of qualitative analysis, the research provides report with a comprehensive review of key market drivers, restraints, opportunities, and burning issues in the market.
It also includes company profiling and competitive strategies adopted by various market players including Hexcel Corporation (U.S.), Toray Industries (Japan), SGL Group (Germany), Cytec Industries Inc. (U.S.), Royal TenCate NV(Netherlands), Gurit Holding AG (Switzerland), Axiom Materials, Inc. (U.S.),Mitsubishi Rayon Co., Ltd. (Japan), Teijin Limited (Japan), and Park Electrochemical Corp. (U.S.). Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=294592 .
This study on preparing market estimates its global demand and market value in 2015 and projects the expected demand and market value of the same by 2020. As a part of the quantitative analysis, the study segments the global market by type of fiber reinforcement, type of resin used, manufacturing process and applications at country level with current market estimation and forecast till 2019. The major countries covered in the report are the U.S., France, Germany, U.K., China, India etc. The segmentation by type of fiber reinforcement includes glass fiber prepreg, carbon fiber prepreg, and aramid fiber prepreg. The segmentation by type of resin used includes thermoset prepreg and thermoplastic prep reg. Additionally, segmentation by manufacturing process includes hot-melt process and solvent dip process; while on the basis of its application, the segmentation includes aerospace & defense, wind, automotive, sporting goods,electronics (PCB), and others. This is a premium research report priced at US$ 4650 for single user PDF license. Inquire for discount on this research “Glass Fiber Market & Specialty Synthetic Fibers Market by Type (Para & Meta Aramids, UHMW Polyethylene, Carbon Fiber, POA, Glass Fibre, and others), Application (Aerospace & defence, Automotive, Wind Energy, Safety applications, and Friction Materials), and Region - Trends & Forecast to 2020” at http://www.rnrmarketresearch.com/contacts/discount?rname=294592 .
Agreement & partnership was the key strategy adopted by industry players in order to maintain growth in the prepreg market. The prepreg has wide industrial applications and agreements & partnership are paving the way for fulfilling the ever changing demand for new applications by strengthening distribution network, and to increase their presence in new regions. As a result of this, a diverse application base is developing for prepreg.
The prepreg market in Asia-Pacific the application industries such as automotive, aerospace/defense, wind and electronics (PCB) is estimated to register a significant growth rate in the next five to grow at a remarkable pace.
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