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Report Overview

The global carbon prepreg market stood at a value of above USD 9.32 Billion in 2024. The market is further expected to grow at a CAGR of 9.30% in the forecast period of 2025-2034 to attain a value of more than USD 22.68 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Compound Annual Growth Rate

Value in USD Billion

9.3%

2025-2034


Carbon Prepreg Market Outlook

*this image is indicative*

Global Carbon Prepreg Market Report Summary Description Value
Base Year USD Billion 2024
Historical Period USD Billion 2018-2024
Forecast Period USD Billion 2025-2034
Market Size 2024 USD Billion 9.32
Market Size 2034 USD Billion 22.68
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 9.30%
CAGR 2025-2034 - Market by Region Asia Pacific 10.4%
CAGR 2025-2034 - Market by Country Saudi Arabia 10.3%
CAGR 2025-2034 - Market by Country USA 8.9%
CAGR 2025-2034 - Market by Resin Type Thermoplastic 9.8%
CAGR 2025-2034 - Market by End User Industry Aerospace and Defence 10.1%
Market Share by Country 2024 India 5.2%

Global Carbon Prepreg Market

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Heightened Demand for Thermoset Resin to Bolster the Growth of the Carbon Prepreg Industry

Based on resin type, the thermoset segment is expected to account for a significant share of the market in the forecast period. This can be attributed to the beneficial attributes of thermoset resins, including their processibility at room temperature. In addition, thermoset resins are ideal for the manufacturing of adhesives, coatings, and fibre re-enforced plastics. Moreover, thermoset resins are strong, durable, and thermally resistant after curing, which make them suitable for the application in demanding and heavy operations.

Europe to Provide Significant Growth Opportunities to the Carbon Prepreg Industry

The carbon prepreg industry in Europe is driven by the high demand for energy in countries like Ireland, France, and Germany, among others, in order to sustain heavy operations in various industries including food processing, aerospace and defence, automotive, and electrical and electronics , among others. Additionally, the development of engine production plants in Germany is likely to augment the market growth in the region. Furthermore, the presence of system integrators and defence equipment manufacturers in the region are estimated to further support the market growth.

Carbon Prepreg Market Segmentation

Carbon prepreg is defined as a material which is obtained by pre-impregnating carbon with resins and then curing it. In addition, carbon prepreg offers a high strength-to-weight ratio and is resilient to corrosion and fire.

Based on resin type, the market is segmented into:

  • Thermoset
  • Thermoplastic

The major end user industries of carbon prepreg include:

  • Aerospace and Defence
  • Energy
  • Automotive
  • Leisure
  • Electronics
  • Others

Market Breakup by Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Global Carbon Prepreg Market By Segment

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CAGR 2025-2034 - Market by Country
Saudi Arabia 10.3%
USA 8.9%
Germany 8.5%
France 8.1%
Australia 7.4%
Canada XX%
UK XX%
Italy 7.2%
China XX%
Japan XX%
India XX%
Brazil XX%
Mexico XX%

Rising Application of Carbon Prepreg in Various Sectors to Boost the Growth of Carbon Prepreg Industry

The global carbon prepreg industry is driven by the rising application of carbon prepreg in aerospace and defence, automotive, energy, sports, and electronics industry, among others. Carbon prepreg is a crucial component in the manufacturing of aerospace and defence equipment due to the strength, structural performance, and durability offered by the product. In addition to this, the growing demand for various sporting equipment such as fishing rod, badminton rackets, bicycles, roller-skates, pull-up rods, and dumbbells, among others is likely to provide impetus to the market growth. Furthermore, the rapid development of industrial plants is likely to generate a considerable demand for the product in the forecast period.

Key Industry Players in the Global Carbon Prepreg Market

The report gives a detailed analysis of the following key players in the global carbon prepreg market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • ACP Composites, Inc
  • Hexcel Corporation
  • Lingol Corporation
  • SGL Carbon SE
  • Solvay S.A.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the global carbon prepreg market attained a value of above USD 9.32 Billion.

The market is estimated to grow at a CAGR of 9.30% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach a value of more than USD 22.68 Billion by 2034.

The major drivers of the market include the rising application of carbon prepreg across industry verticals like aerospace and defence, electrical, and automotive, increased demand for thermoset resins, multifaceted application of the product, and rising demand for the product in heavy industrial operations.

The growing product utilisation in heavy industrial operations is expected to be a key trend guiding the growth of the industry.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Thermoset and thermoplastic are the major types of resins included in the market.

Aerospace and defence, energy, automotive, leisure, and electronics, among others are the significant end users of the product.

The major players in the industry are ACP Composites, Inc, Hexcel Corporation, Lingol Corporation, SGL Carbon SE, and Solvay S.A., among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Resin Type
  • End User Industry
  • Region
Breakup by Resin Type
  • Thermoset
  • Thermoplastic
Breakup by End User Industry
  • Aerospace and Defence
  • Energy
  • Automotive 
  • Leisure
  • Electronics
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • ACP Composites, Inc
  • Hexcel Corporation
  • Lingol Corporation
  • SGL Carbon SE
  • Solvay S.A.
  • Others
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