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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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MarketsandMarkets™ Presents Carbon Fiber Prepreg Market by Resin Type, Manufacturing Process, Application - Global Forecast to 2021
Carbon FiberPrepreg Market worth 7.20 Billion USD by 2021 The report "Carbon FiberPrepreg 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 fiberprepreg 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.
Carbon FiberPrepreg Market worth 7.20 Billion USD by 2021 Browse >> 86 data tables 62 figures 171pagesand in-depth TOC on “Carbon FiberPrepregMarket” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. The carbon fiberprepreg 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. Report Price – Single User License : US $ 5650 Corporate User License : US $ 8150
Carbon FiberPrepreg Market worth 7.20 Billion USD by 2021 The carbon fiberprepreg market is driven by increasing demand for fuel efficient vehicles and growing use of carbon fiberprepregs in aerospace & defense and wind applications. Moreover, increasing use of carbon fiberprepregs for manufacturing sports goods, such as tennis rackets, bicycles, fishing rods, and golf shafts is also driving the growth of the carbon fiberprepreg market, globally.
Carbon FiberPrepreg Market worth 7.20 Billion USD by 2021 Among resin types, the epoxy segment is leading the carbon fiberprepreg market, in terms of value. The epoxy segment is leading the carbon fiberprepreg 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 fiberprepregs offer high strength to weight ratio and increased resistance to heat, moisture, and corrosion. They require less maintenance and offer high durability.
Carbon FiberPrepreg Market worth 7.20 Billion USD by 2021 Among applications, the aerospace & defense segment is leading the carbon fiberprepreg market, in terms of value and volume. On the basis of application, the carbon fiberprepreg market has been segmented into aerospace & defense, automotive, sports & leisure, wind, and others. The aerospace & defense application segment is leading the carbon fiberprepreg market, in terms of value and volume. Carbon fiberprepregs 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 fiberprepregs are being increasingly used in the aerospace & defense industry, which, in turn, is fueling the growth of the aerospace & defense segment of the carbon fiberprepreg market.
Carbon FiberPrepreg Market worth 7.20 Billion USD by 2021 The North America carbon fiberprepreg market is projected to grow at the highest CAGR during the forecast period, 2016 to 2021. The North American region is leading the carbon fiberprepreg market due to increased demand for carbon fiberprepregs for use in different end-use industries as they offer excellent strength and are lightweight and easy to fabricate. Carbon fiberprepregs offer resistance to chemicals and corrosion. In addition, the technological advancements taking place for the mass production of carbon fiberprepregs and increasing usage of carbon fiberprepregs in the aerospace & defense industry are the factors contributing towards the growth of the North America carbon fiberprepreg market. The North America carbon fiberprepreg 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 fiberprepreg market, which include Park Electrochemical Corporation (Melville, U.S.), Hexcel Corporation (Connecticut, U.S.), and Axiom Materials (California, U.S.), among others.
Composite Bearings Market worth 5.04 Billion USD by 2021 Key Players - The key players operating in the carbon fiberprepreg 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. Purchase a Copy of this Report Today !
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