Prepreg Market worth $6.9 Billion By 2020

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MarketsandMarkets Presents
Prepreg Market worth 6.9 Billion By 2020

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epreg-market-56131284.html
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The report 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 Applications (Wind,
Aerospace, Automotive, Sporting goods,
Electronics (PCB) etc.) and by Region - Global
Trends and Forecasts to 2020, defines and
segments the global prepreg market with analysis
and forecast of the market size by value and
volume. It also identifies driving and
restraining factors for the global prepreg market
with analysis of trends, opportunities, burning
issues, wining imperatives, and challenges.
Browse gtgt 90 data tables
50 figures
170 pages and in-depth TOC on Prepreg Market
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The market is segmented and values are forecast
on the basis of key regions such as North
America, Europe, Asia-Pacific, and Row (Rest of
the world).The key countries are covered and
forecast for each region. Further, the market is
segmented and values are forecast on the basis of
different types of materials. The prepreg market
is growing at a CAGR of more than 10.5 between
2015 and 2020 and is expected to reach 6.9
billion by 2020. North America Biggest market of
prepreg 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. Aerospace Defense Biggest application
segment of prepreg market Aerospace defense
is currently the biggest segment of prepreg.
North America is currently the largest market for
aerospace industry.
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epreg-market-56131284.html
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Environmental regulations for low CO2 emissions
and fuel efficiency mandates in Europe and the
U.S. dictate more fuel efficient vehicles.
Composites are seen as a substitute for aluminum
and steel in high-end cars that would help the
automotive industry to meet the fuel efficiency
standards. This ultimately fuels the prepreg
demand in automotive application. Similarly, in
case of aerospace application, increasing
delivery numbers of aircrafts like Boeing-787,
Airbus-350, etc. will drive this market in next 5
years. Cytec industries (U.S.), Hexcel
Corporation (U.S.), Toray industries (Japan),
Gurit holding (Switzerland), Royal Tencate NV
(U.S.), Teijin Limited (Japan), SGL Group- The
carbon company (Germany) are some of the major
market players of prepreg in the world.
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epreg-market-56131284.html
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