Global Glass Fiber Prepreg Market is Expected to Reach $1,453.7 Million by 2019 – A Report by MicroMarket Monitor

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Increasing demand from aerospace & defense and automotive applications is driving the global glass fiber prepreg market.

MicroMarket Monitor

MicroMarket Monitor

The major companies operating global glass fiber prepreg market are Hexcel Corporation (U.S.), Cytec Industries, Inc. (U.S.), Gurit Holding AG (Switzerland), SGL Group, Toray Industries, Inc. (Japan), TenCate Advanced Composites (Netherlands).

The global glass fiber prepreg market report defines and segments the concerned market by with analysis and forecast of revenue. This market was valued at $1,014.0 million in 2014, which is expected to reach $1,453.7 million by 2019, at a CAGR of 7.5% from 2014 and 2019.

Browse through the TOC of global glass fiber prepreg market for an analysis of industry trends, segments & forecasts.

Glass fiber in fabric form offers an excellent combination of properties, from high strength to fire resistance. Wide ranges of weave patterns and yarn sizes provide a wide range of design potential, allowing the end-user to choose the best combination for material performance, economy, and product flexibility. It is often the best all-purpose choice among reinforcements for creating composite
parts with excellent strength, low weight, and dimensional stability.

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The increasing number of aircrafts is fuelling the glass prepreg demand in aerospace application. Similarly, in case of automotive application, the stringent regulations regarding manufacturing of fuel-efficient vehicles and environmental regulations for low CO2 emissions in the U.S. and Europe have led to increasing use of composites. This helps in meeting the fuel efficiency standards and has ultimately increased the usage of glass fiber prepreg.

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The report analyzes the global glass fiber prepreg market on the basis of applications and ingredients. The major applications of glass fiber prepreg include aerospace & defense, sporting goods, automotive, wind power, and other applications. By ingredients, this market is segmented into glass fiber and resins. The major regions covered in the report are Asia-Pacific, North America, Europe, and Rest of the World.

This report includes market share and value chain analyses, along with market metrics, such as drivers and restraints. In addition, it presents a competitive landscape and profiles of the key players in this market.

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MicroMarket Monitor produces exclusive market research reports, based on real-time data to provide better understanding of the dynamic market conditions of the Chemicals and Advanced Materials industry. The reports offer in-depth and complete analysis of the regional and country level marketplaces. The research reports for Chemicals and Advanced Materials industry are updated on quarterly basis and are easily available for purchase through annual subscriptions.

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MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

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