Tow Prepreg Market Size, Share, Trend, Forecast, & Industry Analysis – 2021-2026 - PowerPoint PPT Presentation

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Tow Prepreg Market Size, Share, Trend, Forecast, & Industry Analysis – 2021-2026

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Tow Prepreg Market is likely to witness an impressive CAGR of 10.0% during the forecast period. The growing demand from various industries such as aerospace & defense, automotive & transportation, and oil & gas is the main factor contributing to the growth of the tow prepreg market. – PowerPoint PPT presentation

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Title: Tow Prepreg Market Size, Share, Trend, Forecast, & Industry Analysis – 2021-2026


1
Presents a Research Report on
Tow Prepreg Market
The Tow Prepreg Market is Segmented by Resin Type
(Epoxy Resin, Phenolic Resin, and Others), by
Fiber Type (Carbon fiber, Glass, and Others), by
Application Type (Pressure Vessel, Scuba Tank,
Oxygen Cylinders, and Others), by End-Use
Industry Type (Aerospace Defense, Trends in
Aerospace Industry, Automotive Transportation,
Sports Recreational, Oil Gas, and Others),
and by Region (North America, Europe,
Asia-Pacific, and Rest of the World)


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2
Tow Prepreg Market Growth and Forecast
Highlights Drivers
  • Tow Prepreg Market is likely to witness an
    impressive CAGR of 10.0 during the forecast
    period.
  • The growing demand from various industries such
    as aerospace defense, automotive
    transportation, and oil gas is the main factor
    contributing to the growth of the tow prepreg
    market.
  • The surge in production of commercial aircraft by
    Boeing and Airbus to cater to the increasing
    airline traffic of passengers is also bolstering
    the growth of the market.
  • Further, the mounting use of tow prepregs in
    electric cars and aircraft is substantially
    underpinning the growth of the market, globally.
  • Tow prepreg is basically a fiber bundle or a tow
    product which is preimpregnated with resin.
  • High level of productivity can be achieved by
    making use of tow prepregs with the filament
    winding method, a forming method which is used in
    CF shaft and gas cylinder production.

Tow Prepreg Market - Snapshot Tow Prepreg Market - Snapshot
Growth 10.0 for the next five years
Fastest End-Use Industry Type Automotive Transportation
Dominant Fiber Type Carbon Fiber
Region with the highest demand Europe
Key Players ARISAWA Mfg. Co., Ltd., HEXCEL Corporation, JXTG Holdings, Inc., Mitsubishi Chemical Holdings Corporation, Porcher Industries, Red Composites Ltd., SGL Carbon SE, TCR Composites, Inc., Teijin Limited, and VITECH COMPOSITES.
3
Market Insights
  • By End-Use Industry Type
  • The market is segmented as aerospace defense,
    trends in aerospace industry, automotive
    transportation, sports recreational, oil gas,
    and others.
  • The automotive transportation industry is
    expected to be the fastest-growing segment of the
    tow prepreg market due to the use of tow prepreg
    in the manufacturing of CNG cylinders,
    transmission axles, leaf springs, and other
    automotive components used in the automotive
    industry.
  • There are many challenges that the automotive
    industry faces in terms of enhancing the energy
    efficiency, reduction in vehicle emissions, and
    increasing durability.
  • Tow prepregs are increasingly preferred by the
    industry to achieve much improved and better
    performance, including high mechanical features
    and low weight.
  • By End-Use Industry Type
  • The market is segmented as carbon fiber, glass,
    and others.
  • Carbon fiber is expected to be the largest
    segment of the market during the forecast period,
    in terms of value, owing to its wide use in
    various industries such as aerospace defense,
    automotive transportation, and sports
    recreational sectors.
  • This fiber offers features such as higher
    strength modulus, higher tensile strength and
    elastic modulus in comparison to the other fiber
    types.

4
Market Insights
  • By Region
  • Europe is estimated to be the leading region in
    the tow prepreg market during the forecast
    period, with The UK and Germany being the major
    countries with a large number of offshore wind
    energy installations and lucrative growth
    opportunities.
  • The aerospace defense industry has launched
    Airbus A320 and the Eurofighter successfully in
    the region.
  • The penetration of the aerospace defense
    industry in Europe by tow prepreg manufacturers
    is due to the low corporate income tax and growth
    in the industry.
  • The strict rules and regulations implemented by
    the European Union Automotive Fuel Economy
    standard is to reduce the emission of carbon by
    making use of lightweight materials and the EU
    has also agreed to reduce 37.5 of carbon in cars
    by the year 2030, which in turn, has led to the
    wide use of tow prepregs in electric cars in the
    European region.
  • Asia-Pacific and North-America are also expected
    to offer substantial growth opportunities during
    the forecast period.

5
Competitive Insights
Tow Prepreg Market, regional expansion, and
execution of mergers acquisitions are the key
strategies adopted by the major players to gain a
competitive edge in the market. Key Companies
Analysed
  • ARISAWA Mfg. Co., Ltd.
  • HEXCEL Corporation
  • JXTG Holdings, Inc.
  • Mitsubishi Chemical Holdings Corporation
  • Porcher Industries
  • Red Composites Ltd.
  • SGL Carbon SE
  • TCR Composites, Inc.
  • Teijin Limited
  • VITECH COMPOSITES.

6
Research Methodology
Data Analysis Top Down and Bottom Up Approach)
Data Triangulation Data Evaluation and Multiple
Data Triangulation)
Final Deliverables Final Report with All Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
  • Annual Reports / Fact Book
  • Company Websites
  • Magazines / Publications
  • Press Releases Journals
  • Industry News
  • Association Articles
  • Government Documents
  • Social Media
  • Others
  • Robust database across value chain
  • In-house industry veterans as advisors
  • Project based subject matter experts
  • Industry Players
  • Industry Experts
  • Suppliers
  • Customers
  • Associations
  • Government Institutions
  • Others

7
Report Features
  • This report provides market intelligence in the
    most comprehensive way. The report structure has
    been kept such that it offers maximum business
    value. It provides critical insights on the
    market dynamics and will enable strategic
    decision making for the existing market players
    as well as those willing to enter the market. The
    following are the key features of the report
  • Market structure Overview, industry life cycle
    analysis, supply chain analysis.
  • Market environment analysis Growth drivers and
    constraints, Porters five forces analysis, SWOT
    analysis.
  • Market trend and forecast analysis.
  • Market segment trend and forecast.
  • Competitive landscape and dynamics Market share,
    product portfolio, product launches, etc.
  • Attractive market segments and associated growth
    opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing
    and new players.
  • Key success factors.

8
Market Segmentation
  • The tow prepreg market is segmented into the
    following categories.
  • Tow Prepreg Market Size, Share, Forecast, by
    Resin Type
  • Epoxy Resin (Regional Analysis North America,
    Europe, Asia-Pacific, and RoW)
  • Phenolic Resin (Regional Analysis North America,
    Europe, Asia-Pacific, and RoW)
  • Others (Regional Analysis North America, Europe,
    Asia-Pacific, and RoW)
  • Tow Prepreg Market Size, Share, Forecast, by
    Fiber Type
  • Carbon Fiber (Regional Analysis North America,
    Europe, Asia-Pacific, and RoW)
  • Glass (Regional Analysis North America, Europe,
    Asia-Pacific, and RoW)
  • Others (Regional Analysis North America, Europe,
    Asia-Pacific, and RoW)
  • Tow Prepreg Market Size, Share, Forecast, by
    Application Type
  • Pressure Vessels (Regional Analysis North
    America, Europe, Asia-Pacific, and RoW)
  • Scuba Tank (Regional Analysis North America,
    Europe, Asia-Pacific, and RoW)
  • Oxygen Cylinders (Regional Analysis North
    America, Europe, Asia-Pacific, and RoW)
  • Others (Regional Analysis North America, Europe,
    Asia-Pacific, and RoW)

9
Market Segmentation
  • Tow Prepreg Market Size, Share, Forecast, by
    End-Use Industry Type
  • Aerospace Defense (Regional Analysis North
    America, Europe, Asia-Pacific, and RoW)
  • Trends in Aerospace Industry (Regional Analysis
    North America, Europe, Asia-Pacific, and RoW)
  • Automotive Transportation (Regional Analysis
    North America, Europe, Asia-Pacific, and RoW)
  • Sports Recreational (Regional Analysis North
    America, Europe, Asia-Pacific, and RoW)
  • Oil Gas (Regional Analysis North America,
    Europe, Asia-Pacific, and RoW)
  • Others (Regional Analysis North America, Europe,
    Asia-Pacific, and RoW)
  • Tow Prepreg Market Size, Share, Forecast, by
    Region
  • North America (Country Analysis the USA, Canada,
    and Mexico)
  • Europe (Country Analysis Germany, France, the
    UK, Russia, Spain, and Rest of Europe)
  • Asia-Pacific (Country Analysis China, Japan,
    India, South Korea, and Rest of Asia-Pacific)
  • Rest of the World (Sub-Region Analysis Latin
    America, the Middle East, and Others)

10
About Stratview Research
Stratview Research is a global market
intelligence firm providing high quality
syndicated reports, custom research and
consulting services.
Our Services
Why Us?
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Robust Methodology
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11
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12
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