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Tow Prepreg Market 2020 : Global Industry Growth Scenario, Demand And Forecast 2027

Tow Prepreg Market<br>

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Tow Prepreg Market 2020 : Global Industry Growth Scenario, Demand And Forecast 2027

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  1. Tow Tow Prepreg Prepreg Market Is Expected Market Is Expected To Grow USD To Grow USD 895.6 Million By 895.6 Million By 2026 2026

  2. Market Market Summary Summary According to the current analysis of Reports and Data, The global Tow Prepreg Market was valued at USD 350.0 Million in 2018 and is expected to reach USD 895.6 Million by the year 2026, at a CAGR of 12.5%. It is conventionally produced by an impregnation method whereas a resin is diluted with a solvent, a reinforcement fiber manufactures with the resin, and the organic solvent is volatilized, leaving a resin- impregnated fiber. The tow prepreg can be used for a variety of manufacturing processes such as filament winding, fiber positioning, and other molding techniques, while the unidirectional tape can be used as a composite structure for the construction of three-dimensional structures including tubular structures or other complex structural geometries. This method of production is also suitable for other non-interwoven planes of fibers such as parallel, large fiber area weight composite structure. Tow prepreg is a major material used in the manufacturing of primary and secondary structural parts for aerospace & defense and automotive industries. It is a preferred choice of material in these industries due to its excellent properties such as high strength, less curing time, lightweight, uniformity, and better cosmetics. The high tensile strength of tow prepregmakes it an ideal material for high-pressure type 4 cylinders and hydrogen fuel cells for industrial and automotive industries. Read More: https://www.reportsanddata.com/report-detail/tow-prepreg-market

  3. Market Market Summary Summary Further key findings from the report suggest • The market for tow prepreg is anticipated to grow at a CAGR of 5% in the Asia-Pacific, followed by North America and Europe, with 12.9% and 11.6% CAGR, respectively. Increasing demand for structural parts in aerospace & defense and automotive industries, robust growth in the use of tow prepregin AFP technology are the key factors to accelerate market growth during the forecast period across all regions. • Among the region, North America has the largest market share. The primary driver for the tow prepreg market in North America is the growing applications in automotive, aerospace & defense and industrial sectors owing to high expenditure in these sectors. • Asia Pacific is expected to be the fastest-growing market growing at a CAGR of 13.5% during the forecast period. This is due to the growing penetration of composite materials, including tow prepregs in various end-use industries. • Key participants include TCR Composites, Mitsubishi Chemical Corporation, SGL Group, Hexcel Corporation, Toray Industries, Toyobo Co. Ltd., JXTG Nippon Oil & Energy, Fibrtec, North Thin Ply Technology, and HyPerComp Engineering.

  4. Market Market Summary Summary For this report, Reports and Data have segmented the tow prepregmarket based on fiber type, end- use industry, and region. • Fiber Type (Revenue in USD Thousand; Volume in Tons, 2016–2026) Carbon Fiber Glass Fiber S-Glass Fiber E-Glass Fiber Aramid Fiber • • • • • • End-Use Industry (Revenue in USD Thousand; Volume in Tons, 2016–2026) Aerospace & Defense Automotive Marine Industrial Sporting Goods Infrastructure Others • • • • • • • •

  5. About US About US Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact US Contact US John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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