Carbon Fiber Prepreg Market

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Carbon Fiber Prepreg Market to Exceed 7.20
Billion USD by 2021
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• The report "Carbon Fiber Prepreg Market by Resin
  Type (Epoxy, Phenolic, Bismaleimide, Cyanate
  Ester, Thermoplastic), Manufacturing Process (Hot
  Melt, Solvent Dip), Application (Aerospace
  Defense, Automotive, Sports Leisure, Wind) -
  Global Forecast to 2021", The carbon fiber
  prepreg market was valued at USD 3.86 Billion in
  2015 and is projected to reach USD 7.20 Billion
  by 2021, at a CAGR of 11.0 between 2016 and
  2021.
• Browse 86 market data tables and 62 figures
  spread through 171 pages and in-depth TOC
  on "Carbon Fiber Prepreg Market by Resin Type
  (Epoxy, Phenolic, Bismaleimide, Cyanate Ester,
  Thermoplastic), Manufacturing Process (Hot Melt,
  Solvent Dip), Application (Aerospace Defense,
  Automotive, Sports Leisure, Wind) - Global
  Forecast to 2021"

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• The carbon fiber prepreg market is driven by
  increasing demand for fuel efficient vehicles and
  growing use of carbon fiber prepregs in aerospace
  defense and wind applications. Moreover,
  increasing use of carbon fiber prepregs for
  manufacturing sports goods, such as tennis
  rackets, bicycles, fishing rods, and golf shafts
  is also driving the growth of the carbon fiber
  prepreg market, globally.
• Among resin types, the epoxy segment is leading
  the carbon fiber prepreg market, in terms of
  value.
• The epoxy segment is leading the carbon fiber
  prepreg market, owing to increased use of epoxy
  resins in various applications, such as aerospace
  defense, automotive, sports leisure, and
  wind, among others. Epoxy resin-based carbon
  fiber prepregs offer high strength to weight
  ratio and increased resistance to heat, moisture,
  and corrosion. They require less maintenance and
  offer high durability.

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Among applications, the aerospace defense
segment is leading the carbon fiber prepreg
market, in terms of value and volume. On the
basis of application, the carbon fiber prepreg
market has been segmented into aerospace
defense, automotive, sports leisure, wind, and
others. The aerospace defense application
segment is leading the carbon fiber prepreg
market, in terms of value and volume. Carbon
fiber prepregs are lightweight and offer
resistance to moisture, chemicals, and corrosion.
They have increased operational stability at high
temperatures in comparison to materials made from
other conventional materials, such as thermoset
composites and metallic alloys. As such, carbon
fiber prepregs are being increasingly used in the
aerospace defense industry, which, in turn, is
fueling the growth of the aerospace defense
segment of the carbon fiber prepreg
market. https//www.marketsandmarkets.com/Market
-Reports/carbon-fiber-prepreg-market-25864916.html
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The North America carbon fiber prepreg market is
projected to grow at the highest CAGR during the
forecast period, 2016 to 2021. The North
American region is leading the carbon fiber
prepreg market due to increased demand for carbon
fiber prepregs for use in different end-use
industries as they offer excellent strength and
are lightweight and easy to fabricate.  Carbon
fiber prepregs offer resistance to chemicals and
corrosion. In addition, the technological
advancements taking place for the mass production
of carbon fiber prepregs and increasing usage of
carbon fiber prepregs in the aerospace defense
industry are the factors contributing towards the
growth of the North America carbon fiber prepreg
market. The North America carbon fiber prepreg
market is projected to grow at the highest CAGR
during the forecast period. Moreover, the region
has the presence of some of the key players of
the carbon fiber prepreg market, which include
Park Electrochemical Corporation (Melville,
U.S.), Hexcel Corporation (Connecticut, U.S.),
and Axiom Materials (California, U.S.), among
others. Request sample copy of the report at,
https//www.marketsandmarkets.com/requestsampleNew
.asp?id25864916
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• The key players operating in the carbon fiber
  prepreg market are SGL Group (Wiesbaden,
  Germany), Gurit Holding AG (Wattwil,
  Switzerland), Park Electrochemical Corporation
  (Melville, U.S.), Toray Industries, Inc. (Tokyo,
  Japan), Teijin Limited (Osaka, Japan), Royal
  TenCate N.V. (Almeo, Netherlands), Hexcel
  Corporation (Connecticut, U.S.), Cytec Solvay
  Group (Brussels, Belgium), Mitsubishi Rayon Co.,
  Ltd. (Tokyo, Japan), and Axiom Materials
  (California, U.S.), among others. These players
  have adopted various organic and inorganic
  development strategies to strengthen their
  position in the market.
• Key Target Audience
• Carbon fiber prepreg Manufacturers
• Carbon fiber prepreg Traders, Distributors, and
  Suppliers
• Raw Material Suppliers
• Governments and Research Organizations
• Associations and Industrial Bodies
• RD Institutions
• Environment Support Agencies

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