This report provides exclusive insights into the COVID-19 impact on the Prepreg Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Prepreg Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Prepreg Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on prepreg
market provides in-depth analysis of segments and sub-segments in the global as
well as regional prepreg market. The study also highlights the impact of
drivers, restraints, and macro indicators on the global and regional prepreg
market over the short term as well as long term. The report is a comprehensive
presentation of trends, forecast and dollar values of global prepreg market.
According to the report, the global prepreg market is projected to grow at a
CAGR of 9.3% over the forecast period of 2019-2025.
The pre-impregnated fiber materials are called as prepreg. It has
a higher fiber content of 65%. They are available in both tape and cloth form.
Prepreg is a low volume and labor-intensive method suited for many products
such as automotive components, boat manufacturing, tanks, ducts, furniture,
corrosion-resistant equipment, etc. Prepregs are composite materials where a
reinforcement fiber is impregnated with a thermoset resin matrix or
thermoplastic in a certain ratio. It is manufactured by combining fabrics with
specially formulated pre-catalyzed resin or fibers system using machinery.
Advancement in prepreg technology produced material which does not require
refrigeration for storage. A wide selection of polymer matrix resin and
reinforcements systems provides more opportunities for composites production
using prepreg materials
There is a large demand for prepreg in the aerospace sector owing
to its strength to weight ratio. It is generally used to replace their metal
counterparts for interior and exterior structures. Furthermore, a large
investment in specialized military equipment in the defense sector provides growth
for the prepreg market. Collectively, the growing aerospace industry and
increasing application of prepreg in the military sector are driving the global
prepreg market. However, complex maintenance restraining the growth of the
market. Moreover, technical advancement and declining supply-demand gap provide
growth opportunities for the prepreg market.
Geographically, the global prepreg market is segmented into North
America, Europe, the Asia Pacific and the RoW. The Asia Pacific is the largest
region in global prepreg market owing to a growing demand for composites in
different end-use sectors such as sporting goods, aerospace & defense,
wind, automotive, electronics, and construction. South Korea is a leading
region in APAC for the growth of the prepreg market owing to a rapidly growing
The report on global prepreg market covers segments such as type and end-use industry. On the basis of type, the sub-markets include resin, and
fiber. On the basis of end-use industry, the sub-markets include aerospace and
defense, electrical and electronics, automotive, and leisure.
The report provides profiles of the companies in the market such
as Teijin Limited, Solvay S A, Toray Industries, Hexcel Corporation, Mitsubishi
Rayon Co. Ltd, Royal Tencate N.V., Inc, Axiom Materials, Park Electrochemical
Corp, Gurit Holding Ag, and SGL Group.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of prepreg market.
Moreover, the study highlights current market trends and provides forecast from
2019-2025. We also have highlighted future trends in the market that will
affect the demand during the forecast period. Moreover, the competitive
analysis given in each regional market brings an insight into the market share
of the leading players.