PUBLISHER: TechNavio | PRODUCT CODE: 1502080
PUBLISHER: TechNavio | PRODUCT CODE: 1502080
The carbon fiber prepreg market is forecasted to grow by USD 1345.5 mn during 2023-2028, accelerating at a CAGR of 7.38% during the forecast period. The report on the carbon fiber prepreg market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth of wind power capacities, increasing use of carbon composites in commercial aircraft, and emerging demand from developing economies.
Technavio's carbon fiber prepreg market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 6.73% |
CAGR | 7.38% |
Incremental Value | $1345.5mn |
By Type
By Application
By Geography
This study identifies the rising population, urbanization, and increasing power requirement as one of the prime reasons driving the carbon fiber prepreg market growth during the next few years. Also, increasing demand for lightweight and high-performance materials and increasing demand for fuel-efficient vehicles will lead to sizable demand in the market.
The report on the carbon fiber prepreg market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading carbon fiber prepreg market vendors that include Axiom Materials Inc., Arvind Composites, Celanese Corp., Dexcraft, DowAksa, Formosa M Co. Ltd., Gurit Holding AG, Hexcel Corp., K. Sakai and Co. Ltd., Kordsa Teknik Tekstil AS, Mitsubishi Chemical Corp., Nippon Steel Corp., OCSiAl, Plastic Reinforcement Fabrics Ltd., SGL Carbon SE, SK Chemicals Co. Ltd., Solvay SA, TCR Composites, Teijin Ltd., and Toray Composite Materials America Inc.. Also, the carbon fiber prepreg market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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