Lucintel's latest market report analyzed that prepreg provides attractive opportunities in the commercial aerospace, military/defense, general aviation, space/satellite, sporting goods, marine, wind energy, automotive, and civil engineering. The prepreg market is expected to reach $7.2 billion by 2028 with a CAGR of 7.4%. In this market, commercial aerospace is the largest segment by end use, whereas thermoset prepreg is largest by prepreg type. Continuous innovation and improvements in existing products to intensify penetration level and close collaboration between industry players to serve their unique needs and find new application areas provides strategic growth path in this market.
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Based on end use, the prepreg market is segmented into commercial aerospace, military/defense, general aviation, space/satellite, sporting goods, marine, wind energy, automotive, civil engineering, and others. The commercial aerospace segment accounted for the largest share of the market in 2022 and is expected to register the highest CAGR during the forecast period, due to increasing demand for lightweight materials in new aircraft programs, such as Boeing 787 and Airbus A350.
Browse in-depth TOC on “Prepreg Market”
96 – Tables
138 – Figures
240 – Pages
The Prepreg Market is marked by the presence of several big and small players. Some of the prominent players offering prepreg include Hexcel Corporation, Cytec Solvay Group, Gurit, Toray Industries Inc., SGL, Mitsubishi Rayon, and Toho Tenax (Teijin).
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