Global Prepreg Market Growing at 10.12% CAGR to Hit $8.64Bn by 2021

From: Market Reports Hub
Published: Fri Aug 19 2016


The key drivers of prepreg in aerospace & defense industry are the global increase in the number of airplane deliveries in the near future, high performance properties such as light weight, excellent safety & acoustic features, and government regulations. To comply with regulatory norms, aerospace manufacturers such as Boeing (U.S.), Airbus (France), and GE Aviation (U.S.), have started using prepreg to manufacture primary and secondary structures and interior components of aircrafts. Thus, aerospace application would be the most profitable investment pocket for stakeholders.

Complete report on global prepreg market spread across 157 pages, profiling 10 companies and supported with 74 tables and 58 figures is now available at http://www.marketreportshub.com/prepreg-industry-research-marketsandmarkets.html .

Asia-Pacific is expected to be the fastest-growing market for prepreg in the next five years owing to the growth in number of wind capacities installed as well as increased number of airplane deliveries. Similarly, new product developments by various leading players are also leading to the growth of the prepreg market in this region. China leads the prepreg market in Asia-Pacific. Its consumption of prepreg has grown remarkably due to growth in the wind energy, sporting goods, and aerospace & defense industries.

The report provides comprehensive analysis of company profiles which include Royal Ten Cate N.V. (Netherland), Toray Industries, Ltd. (Japan), Teijin Ltd. (Japan), Hexcel Corporation (U.S.), SGL group (Germany), Gurit Holding AG. (Switzerland), Solvay SA Group (Belgium), Park Electrochemical Corp. (U.S.), Mitsubishi Rayon Co. Ltd. and Axiom Materials (U.S.). request a discount on Prepreg Market by Fiber Type (Carbon, Glass, and Aramid), Resin Type (Thermoset and Thermoplastic), Manufacturing Process (Hot-Melt and Solvent DIP), Application (Aerospace & Defense, Wind, Sporting good, Automotive, Electronics) - Global Forecast to 2021 research report at http://www.marketreportshub.com/discount?rpid=2575 .

In the process of determining and verifying, the global seed treatment market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (35%), Tier 2 (25%) and Tier 3 (40%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-level (30%), Director Level (25%) and others (45%) from various key organizations operating in the global seed treatment market. The primary interviews were conducted worldwide covering regions such as North America (30%), Europe (25%), Asia-Pacific (30%), Latin America (10%) and the Middle East & Africa (5%).

On a related note, another research on Non-Woven Glass Fiber Prepreg Market Global Forecast to 2021 says, the global non-woven glass fiber prepreg market is projected to grow at a CAGR of 8.8% in terms of value from 2016 to 2021. The automotive segment is the largest application segment. Asia-Pacific led the global non-woven glass fiber prepreg market. As a part of qualitative analysis, the research provides a comprehensive review of major market drivers, restraints, opportunities, and challenges. Companies like Owens Corning, SAERTEX GmbH & Co. KG, Jushi Group Co., Ltd, PPG Industries, Johns Manville, Ahlstrom Oyj and Saint-Gobain Adfors have been profiled in this 113 pages research report available at http://www.marketreportshub.com/non-woven-glass-fiber-prepreg-industry-research-marketsandmarkets.html .

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