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Global Prepreg Market Share, Trends, Analysis, Outlook: By Fibre: Carbon, Glass, Aramid; By Resin: Thermoset, Thermoplastic; By Manufacturing Process: Hot-Melt, Solvent Dip; By Application: Aerospace and Defence, Automotive, Wind Energy, Sporting Goods, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
*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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Prepreg Market Analysis
8.1 Key Industry Highlights
8.2 Global Prepreg Historical Market (2018-2023)
8.3 Global Prepreg Market Forecast (2024-2032)
8.4 Global Prepreg Market by Fibre
8.4.1 Carbon
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Glass
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Aramid
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Prepreg Market by Resin
8.5.1 Thermoset
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Thermoplastic
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Prepreg Market by Manufacturing Process
8.6.1 Hot-Melt
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Solvent Dip
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Prepreg Market by Application
8.7.1 Aerospace and Defence
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Automotive
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Wind Energy
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Sporting Goods
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Others
8.8 Global Prepreg Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Prepreg Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Prepreg Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Prepreg Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Prepreg Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Prepreg Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Hexcel Corporation
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Toray Industries, Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Axiom Materials, Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Teijin Limited
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Park Aerospace Corp.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Mitsubishi Chemical Carbon Fiber and Composites, Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Prepreg Market: Key Industry Highlights, 2018 and 2032
2. Global Prepreg Historical Market: Breakup by Fiber (USD Billion), 2018-2023
3. Global Prepreg Market Forecast: Breakup by Fiber (USD Billion), 2024-2032
4. Global Prepreg Historical Market: Breakup by Resin (USD Billion), 2018-2023
5. Global Prepreg Market Forecast: Breakup by Resin (USD Billion), 2024-2032
6. Global Prepreg Historical Market: Breakup by Manufacturing Process (USD Billion), 2018-2023
7. Global Prepreg Market Forecast: Breakup by Manufacturing Process (USD Billion), 2024-2032
8. Global Prepreg Historical Market: Breakup by Application (USD Billion), 2018-2023
9. Global Prepreg Market Forecast: Breakup by Application (USD Billion), 2024-2032
10. Global Prepreg Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Prepreg Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Prepreg Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Prepreg Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Prepreg Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Prepreg Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Prepreg Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Prepreg Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Prepreg Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Prepreg Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Prepreg Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Prepreg Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Global Prepreg Market Structure
Key Questions Answered in the Report
In 2023, the global prepreg market attained a value of nearly USD 13.72 billion.
The market is projected to grow at a CAGR of 10.40% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 33.50 billion by 2032.
The growing demand for prepreg in diverse applications and the robust growth of the wind energy sector are the major market drivers.
The key trends guiding the market growth include the growing applications of prepreg in the aerospace sector, surging electronic manufacturing, and rapid industrialisation.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Carbon, glass, and aramid are the major segments based on prepreg fibre.
The different resins used for prepreg are thermoset and thermoplastic.
The different segments based on the manufacturing process of prepreg are hot-melt and solvent dip.
The several applications of prepreg are aerospace and defence, automotive, wind energy, and sporting goods, among others.
The major players in the market are Hexcel Corporation, Toray Industries Inc., Axiom Materials Inc., Teijin Limited, Park Aerospace Corp., and Mitsubishi Chemical Carbon Fiber and Composites Inc., among others.
Analyst Review
The global prepreg market attained a value of USD 13.72 billion in 2023, driven by the rising demand from various applications. Aided by the high demand from the wind energy industry, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 10.40%. The market is projected to reach USD 33.50 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on fibre, the market can be divided into carbon, glass, and aramid. By resin, the industry can be segmented into thermoset and thermoplastic. Based on manufacturing process, the market is divided into hot-melt and solvent dip. On the basis of application, the industry can be classified into aerospace and defence, automotive, wind energy, sporting goods, and others. The major regional markets for prepreg are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Hexcel Corporation, Toray Industries Inc., Axiom Materials Inc., Teijin Limited, Park Aerospace Corp., Mitsubishi Chemical Carbon Fiber and Composites Inc., and others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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