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Carbon Fiber Prepreg Market by resin type (Epoxy, Phenolic, Thermoplastic), Manufacturing Process (Hot Melt, Solvent Dip), End-use Industry (Aerospace & Defense, Wind Energy, Sports & Leisure, Automotive) - Global Trends and Forecasts to 2024

Carbon Fiber Prepreg Market by resin type (Epoxy, Phenolic, Thermoplastic), Manufacturing Process (Hot Melt, Solvent Dip), End-use Industry (Aerospace & Defense, Wind Energy, Sports & Leisure, Automotive) - Global Trends and Forecasts to 2024

“The carbon fiber prepreg market is projected to register a CAGR of 10.5% during the forecast period.”
The carbon fiber prepreg market is projected to reach USD 11.5 billion by 2024, at a CAGR of 10.5% between 2019 and 2024. The major drivers stimulating the carbon fiber prepreg market are an increase in demand for carbon fiber prepreg in electric cars and growing commercial aircrafts production. The major restraining factors of this market include limitation in the use of carbon fiber prepreg in high-temperature aerospace applications, and high processing and manufacturing cost.

“Aerospace & defense is the fastest-growing end-use industry in the carbon fiber prepreg market, in terms of value.”
The aerospace & defense industry constituted a major portion in the carbon fiber prepreg market, by value and volume. The properties exhibited by carbon fiber prepreg is one of the factors driving the carbon fiber prepreg market in the aerospace & defense industry, as they offer a complete solution including lightweight, ease of construction, resistance against corrosion & chemicals, and operational stability at high temperatures. This helps improve fuel efficiency and performance of aircraft. Nowadays, almost 50% of the materials used in aircraft are carbon fiber prepregs.

“Europe is the fastest-growing market for carbon fiber prepreg.”
Europe is expected to be the fastest-growing carbon fiber prepreg market during the next five years. The main factor that is expected to contribute to this growth is the increasing demand from the aerospace, automotive, and wind energy industries in the region. The market in the region is driven by the presence of large aircraft manufacturers, electric car manufacturers, and offshore wind farm installations in the region. In 2015, BMW started using carbon fiber implants in its 7-series sedan. There are a large number of offshore wind energy installations, especially in the UK and Germany.

This study has been validated through primaries conducted with various industry experts, globally. These primary sources have been divided into the following three categories:
By company type- Tier 1- 35%, Tier 2- 25%, and Tier 3- 40%
By designation- C Level- 35%, Director Level- 30%, and Others- 35%
By region- North America- 25%, Europe- 30%, APAC- 30%, Latin America-5%, and Middle East & Africa-10%

The report provides a comprehensive analysis of company profiles listed below:
Solvay (Belgium)
Royal TenCate N.V. (Netherlands)
Teijin Limited (Japan)
Toray Industries, INC. (Japan)
Hexcel Corporation (Connecticut, US)
SGL Group (Germany)
Gurit Holdings AG (Wattwil, Switzerland)
Park Electrochemical Corporation (Melville, US)
Mitsubishi Rayon Co. Ltd. (Tokyo, Japan)
Axiom Materials (California, U.S.)

Research Coverage
This report covers the global carbon fiber prepreg market and forecasts the market size until 2024. The report includes the market segmentation by resin type (epoxy, phenolic, thermoplastic, bismaleimide (BMI), polyimide, and others), by application (aerospace & defense, automotive, sports & recreation, wind energy, and others), by manufacturing process (hot melt and solvent dip) and region (Europe, North America, APAC, Latin America, and MEA). Porter’s Five Forces analysis along with the drivers, restraints, opportunities, and challenges are discussed in the report. It also provides company profiles and competitive strategies adopted by the major players in the global carbon fiber prepreg market.

Key benefits of buying the report:
The report will help market leaders/new entrants in this market in the following ways:
1. This report segments the global carbon fiber prepreg market comprehensively and provides the closest approximations of the revenues for the overall market and the subsegments across different verticals and regions.
2. The report helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to better their positions in their businesses. The competitive landscape section includes the competitor ecosystem, new product launches, agreements, contracts, joint ventures, partnerships, expansions, and mergers & acquisitions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • SCOPE OF THE STUDY
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • UNIT CONSIDERED
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
    • LIMITATIONS
  • EXECUTIVE SUMMARY
    • Table CARBON FIBER PREPREG MARKET SIZE, 2017-2024
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN CARBON FIBER PREPREG MARKET
    • CARBON FIBER PREPREG MARKET, BY MANUFACTURING PROCESS
    • CARBON FIBER PREPREG MARKET, BY RESIN TYPE
    • CARBON FIBER PREPREG MARKET SIZE, BY END-USE INDUSTRY
    • CARBON FIBER PREPREG MARKET, BY END-USE INDUSTRY AND COUNTRY
    • CARBON FIBER PREPREG MARKET, BY COUNTRY
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
        • Table EUROPE: NEW PASSENGER VEHICLES CO2 EMISSIONS, BY MANUFACTURER (2016 AND 2020/21 TARGETS (G/KM)
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • PORTER’S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
      • INTENSITY OF RIVALRY
  • MACROECONOMIC OVERVIEW AND KEY TRENDS
    • INTRODUCTION
    • TRENDS AND FORECAST OF GDP
      • Table TRENDS AND FORECAST OF GDP, 2017-2023 (USD BILLION)
    • TRENDS IN AEROSPACE & DEFENSE INDUSTRY
      • Table NUMBER OF NEW AIRPLANE DELIVERIES, BY REGION
    • TRENDS IN AUTOMOTIVE INDUSTRY
      • Table AUTOMOTIVE PRODUCTION, MILLION UNITS (2013-2017)
    • TRENDS IN WIND ENERGY INDUSTRY
  • CARBON FIBER PREPREG MARKET, BY MANUFACTURING PROCESS
    • INTRODUCTION
      • Table CARBON FIBER PREPREG MARKET SIZE, BY MANUFACTURING PROCESS, 2017-2024 (KILOTON)
      • Table CARBON FIBER PREPREG MARKET SIZE, BY MANUFACTURING PROCESS, 2017-2024 (USD MILLION)
    • HOT MELT PROCESS
      • HIGH-SPEED PRODUCTION WITH NO THERMAL STRESS ON SUBSTRATE IS AIDING THE MARKET GROWTH
        • Table HOT MELT PROCESS MARKET SIZE, BY REGION, 2017-2024 (KILOTON)
        • Table HOT MELT PROCESS MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
    • SOLVENT DIP PROCESS
      • INCREASING DEMAND FOR HIGH-TEMPERATURE RESISTANT PREPREG IS DRIVING SOLVENT DIP PROCESS
        • Table SOLVENT DIP PROCESS MARKET SIZE, BY REGION, 2017-2024 (KILOTON)
        • Table SOLVENT DIP PROCESS MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
  • CARBON FIBER PREPREG MARKET, BY RESIN TYPE
    • INTRODUCTION
      • Table CARBON FIBER PREPREG MARKET SIZE, BY RESIN TYPE, 2017-2024 (KILOTON)
      • Table CARBON FIBER PREPREG MARKET SIZE, BY RESIN TYPE, 2017-2024 (USD MILLION)
    • EPOXY RESIN
      • EPOXY RESIN SEGMENT DOMINATES OVERALL CARBON FIBER PREPREG MARKET
        • Table EPOXY RESIN CARBON FIBER PREPREG MARKET SIZE, BY REGION, 2017-2024 (KILOTON)
        • Table EPOXY RESIN CARBON FIBER PREPREG MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
    • PHENOLIC RESIN
      • PHENOLIC RESIN-BASED CARBON FIBER PREPREG IS EXPECTED TO HAVE HIGH DEMAND FROM AEROSPACE & DEFENSE AND AUTOMOTIVE INDUSTRIES
        • Table PHENOLIC RESIN CARBON FIBER PREPREG MARKET SIZE, BY REGION, 2017-2024 (KILOTON)
        • Table PHENOLIC RESIN CARBON FIBER PREPREG MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
    • THERMOPLASTIC RESIN
      • DEMAND FOR THERMOPLASTIC RESIN-BASED CARBON FIBER PREPREG IS DRIVEN BY ITS ABILITY TO RE-FORM PARTS EVEN AFTER REPEATED HEATING AND COOLING
        • Table THERMOPLASTIC RESIN CARBON FIBER PREPREG MARKET SIZE, BY REGION, 2017-2024 (KILOTON)
        • Table THERMOPLASTIC RESIN CARBON FIBER PREPREG MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
    • BISMALEIMIDE RESIN
      • GROWING DEMAND FOR HIGH-TEMPERATURE APPLICATIONS IS DRIVING THE DEMAND OF BMI RESIN SEGMENT
        • Table BMI RESIN CARBON FIBER PREPREG MARKET SIZE, BY REGION, 2017-2024 (KILOTON)
        • Table BMI RESIN CARBON FIBER PREPREG MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
    • POLYIMIDE RESIN
      • INCREASING USE OF CARBON FIBER PREPREG IN EXTREMELY HIGHTEMPERATURE DEFENSE AND SPACE APPLICATIONS IS LIKELY TO BOOST THE DEMAND OF POLYIMIDE RESIN
        • Table POLYIMIDE RESIN CARBON FIBER PREPREG MARKET SIZE, BY REGION, 2017-2024 (KILOTON)
        • Table POLYIMIDE RESIN CARBON FIBER PREPREG MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
    • OTHER RESINS
      • Table OTHER RESINS CARBON FIBER PREPREG MARKET SIZE, BY REGION, 2017-2024 (KILOTON)
      • Table OTHER RESINS CARBON FIBER PREPREG MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
  • CARBON FIBER PREPREG MARKET, BY END-USE INDUSTRY
    • INTRODUCTION
      • Table CARBON FIBER PREPREG MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (KILOTON)
      • Table CARBON FIBER PREPREG MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (USD MILLION)
    • AEROSPACE & DEFENSE
      • BOEING AND AIRBUS INCREASING AIRCRAFT PRODUCTION TO DRIVE DEMAND FOR CARBON FIBER PREPREG
        • Table CARBON FIBER PREPREG MARKET SIZE IN AEROSPACE & DEFENSE, BY REGION, 2017-2024 (KILOTON)
        • Table CARBON FIBER PREPREG MARKET SIZE IN AEROSPACE & DEFENSE, BY REGION, 2017-2024 (USD MILLION)
    • WIND ENERGY
      • GROWTH IN INSTALLATION OF OFFSHORE WIND ENERGY TURBINES WILL INCREASE THE DEMAND FOR CARBON FIBER PREPREG
        • Table CARBON FIBER PREPREG MARKET SIZE IN WIND ENERGY, BY REGION, 2017-2024 (KILOTON)
        • Table CARBON FIBER PREPREG MARKET SIZE IN WIND ENERGY, BY REGION, 2017-2024 (USD MILLION)
    • SPORTS & RECREATION
      • LIGHTWEIGHT AND HIGH STRENGTH OF CARBON FIBER PREPREG IS INCREASING ITS ADOPTION IN SPORTING GOODS
        • Table CARBON FIBER PREPREG MARKET SIZE IN SPORTS & RECREATION, BY REGION, 2017-2024 (KILOTON)
        • Table CARBON FIBER PREPREG MARKET SIZE IN SPORTS & RECREATION, BY REGION, 2017-2024 (USD MILLION)
    • AUTOMOTIVE
      • GROWING USE OF CARBON FIBER PREPREG IN ELECTRIC CARS WILL HAVE SIGNIFICANT IMPACT ON THE MARKET
        • Table CARBON FIBER PREPREG MARKET SIZE IN AUTOMOTIVE, BY REGION, 2017-2024 (KILOTON)
        • Table CARBON FIBER PREPREG MARKET SIZE IN AUTOMOTIVE, BY REGION, 2017-2024 (USD MILLION)
    • OTHERS
      • Table CARBON FIBER PREPREG MARKET SIZE IN OTHER INDUSTRIES, BY REGION, 2017-2024 (KILOTON)
      • Table CARBON FIBER PREPREG MARKET SIZE IN OTHER INDUSTRIES, BY REGION, 2017-2024 (USD MILLION)
  • CARBON FIBER PREPREG MARKET, BY REGION
    • INTRODUCTION
      • Table CARBON FIBER PREPREG MARKET SIZE, BY REGION, 2017-2024 (KILOTON)
      • Table CARBON FIBER PREPREG MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
    • EUROPE
      • Table EUROPE: CARBON FIBER PREPREG MARKET SIZE, BY COUNTRY, 2017-2024 (KILOTON)
      • Table EUROPE: CARBON FIBER PREPREG MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
      • Table EUROPE: CARBON FIBER PREPREG MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (KILOTON)
      • Table EUROPE: CARBON FIBER PREPREG MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (USD MILLION)
      • Table EUROPE: CARBON FIBER PREPREG MARKET SIZE, BY RESIN TYPE, 2017-2024 (KILOTON)
      • Table EUROPE: CARBON FIBER PREPREG MARKET SIZE, BY RESIN TYPE, 2017-2024 (USD MILLION)
      • Table EUROPE: CARBON FIBER PREPREG MARKET SIZE, BY MANUFACTURING PROCESS, 2017-2024 (KILOTON)
      • Table EUROPE: CARBON FIBER PREPREG MARKET SIZE, BY MANUFACTURING PROCESS, 2017-2024 (USD MILLION)
      • GERMANY
      • FRANCE
      • UK
      • ITALY
      • SPAIN
      • AUSTRIA
      • REST OF EUROPE
    • NORTH AMERICA
      • Table NORTH AMERICA: CARBON FIBER PREPREG MARKET SIZE, BY COUNTRY, 2017-2024 (KILOTON)
      • Table NORTH AMERICA: CARBON FIBER PREPREG MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
      • Table NORTH AMERICA: CARBON FIBER PREPREG MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (KILOTON)
      • Table NORTH AMERICA: CARBON FIBER PREPREG MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (USD MILLION)
      • Table NORTH AMERICA: CARBON FIBER PREPREG MARKET SIZE, BY RESIN TYPE, 2017-2024 (KILOTON)
      • Table NORTH AMERICA: CARBON FIBER PREPREG MARKET SIZE, BY RESIN TYPE, 2017-2024 (USD MILLION)
      • Table NORTH AMERICA: CARBON FIBER PREPREG MARKET SIZE, BY MANUFACTURING PROCESS, 2017-2024 (KILOTON)
      • Table NORTH AMERICA: CARBON FIBER PREPREG MARKET SIZE, BY MANUFACTURING PROCESS, 2017-2024 (USD MILLION)
      • US
      • CANADA
    • APAC
      • Table APAC: CARBON FIBER PREPREG MARKET SIZE, BY COUNTRY, 2017-2024 (KILOTON)
      • Table APAC: CARBON FIBER PREPREG MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
      • Table APAC: CARBON FIBER PREPREG MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (KILOTON)
      • Table APAC: CARBON FIBER PREPREG MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (USD MILLION)
      • Table APAC: CARBON FIBER PREPREG MARKET SIZE, BY RESIN TYPE, 2017-2024 (KILOTON)
      • Table APAC: CARBON FIBER PREPREG MARKET SIZE, BY RESIN TYPE, 2017-2024 (USD MILLION)
      • Table APAC: CARBON FIBER PREPREG MARKET SIZE, BY MANUFACTURING PROCESS, 2017-2024 (KILOTON)
      • Table APAC: CARBON FIBER PREPREG MARKET SIZE, BY MANUFACTURING PROCESS, 2017-2024 (USD MILLION)
      • CHINA
        • Table CHINA: ANNUAL WIND ENERGY CAPACITY INSTALLATIONS, 2012-2017, (MW)
      • JAPAN
      • SOUTH KOREA
      • AUSTRALIA
      • INDIA
      • MALAYSIA
      • REST OF APAC
    • LATIN AMERICA
      • Table LATIN AMERICA: CARBON FIBER PREPREG MARKET SIZE, BY COUNTRY, 2017-2024 (KILOTON)
      • Table LATIN AMERICA: CARBON FIBER PREPREG MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
      • Table LATIN AMERICA: CARBON FIBER PREPREG MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (KILOTON)
      • Table LATIN AMERICA: CARBON FIBER PREPREG MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (USD MILLION)
      • Table LATIN AMERICA: CARBON FIBER PREPREG MARKET SIZE, BY RESIN TYPE, 2017-2024 (KILOTON)
      • Table LATIN AMERICA: CARBON FIBER PREPREG MARKET SIZE, BY RESIN TYPE, 2017-2024 (USD MILLION)
      • Table LATIN AMERICA: CARBON FIBER PREPREG MARKET SIZE, BY MANUFACTURING PROCESS, 2017-2024 (KILOTON)
      • Table LATIN AMERICA: CARBON FIBER PREPREG MARKET SIZE, BY MANUFACTURING PROCESS, 2017-2024 (USD MILLION)
      • BRAZIL
      • MEXICO
      • REST OF LATIN AMERICA
    • MEA
      • Table MEA: CARBON FIBER PREPREG MARKET SIZE, BY COUNTRY, 2017-2024 (KILOTON)
      • Table MEA: CARBON FIBER PREPREG MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
      • Table MEA: CARBON FIBER PREPREG MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (KILOTON)
      • Table MEA: CARBON FIBER PREPREG MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (USD MILLION)
      • Table MEA: CARBON FIBER PREPREG MARKET SIZE, BY RESIN TYPE, 2017-2024 (KILOTON)
      • Table MEA: CARBON FIBER PREPREG MARKET SIZE, BY RESIN TYPE, 2017-2024 (USD MILLION)
      • Table MEA: CARBON FIBER PREPREG MARKET SIZE, BY MANUFACTURING PROCESS, 2017-2024 (KILOTON)
      • Table MEA: CARBON FIBER PREPREG MARKET SIZE, BY MANUFACTURING PROCESS, 2017-2024 (USD MILLION)
      • UAE
      • SOUTH AFRICA
      • REST OF MEA
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
      • AGREEMENTS, CONTRACTS, PARTNERSHIPS & JOINT VENTURES
        • Table AGREEMENTS, CONTRACTS, PARTNERSHIPS & JOINT VENTURES, 2014-2018
      • EXPANSIONS
        • Table EXPANSIONS, 2014-2018
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2014-2018
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS, 2014-2018
    • COMPETITIVE LEADERSHIP MAPPING (TIER 1 COMPANIES)
      • DYNAMIC DIFFERENTIATORS
      • INNOVATORS
      • VANGUARD
      • EMERGING COMPANIES
      • COMPETITIVE BENCHMARKING
    • COMPETITIVE LEADERSHIP MAPPING (TIER 2 AND 3 COMPANIES)
      • DYNAMICS DIFFERENTIATORS
      • INNOVATORS
      • VANGUARD
      • EMERGING COMPANIES
      • COMPETITIVE BENCHMARKING
  • COMPANY PROFILES
    • MITSUBISHI RAYON CO. LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SOLVAY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • TEIJIN LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • TORAY INDUSTRIES INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • HEXCEL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • GURIT HOLDING AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ROYAL TENCATE N.V.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SGL GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • PARK ELECTROCHEMICAL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • AXIOM MATERIALS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • OTHER KEY PLAYERS
      • HC COMPOSITE
      • KINECO
      • TAIWAN FIRST LI-BOND CO., LTD.
      • NORTH THIN PLY TECHNOLOGY
      • TCR COMPOSITES
      • PRF COMPOSITE MATERIALS
      • BARRDAY CORPORATION
      • GMS COMPOSITES
      • HANKUK CARBON
      • ABC COMPOSITES
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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