Global Glass Fiber Prepreg Market by Application by Geography - Analysis and Forecast To 2019
LONDON, Oct. 4, 2017 /PRNewswire/ -- The global glass fiber prepreg market is estimated to grow at a CAGR of 7.5% from 2014 to 2019. North America holds the largest share of the market among all regions, while Asia-Pacific is expected to grow at the highest CAGR of 9.9% during the forecast period.
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In this report, the global glass fiber prepreg market has been classified on the basis of applications and ingredients. The applications include aerospace & defense, sporting goods, automotive, wind power, and other applications. On the bass of ingredients, the market is segmented into glass fiber and resins.
The aerospace & defense application is the leading application in terms of value, followed by wind power application. The automotive application is the fastest-growing segment with an estimated CAGR of 8.5% from 2014 to 2019.
Theglobal glass fiber prepreg market is a competitive market with a number of market players. As of 2014, it was mainly dominated by Hexcel Corporation (U.S.), Cytec Industries, Inc. (U.S.), and Toray Industries, Inc. (Japan). Mergers & acquisitions, collaborations, joint ventures, and expansions are the major strategies adopted by most market players to achieve growth in the glass fiber prepreg market.
Reasons to Buy the Report:
From an insight perspective, this research report focuses on various levels of analyses—industry analysis (industry trends and PEST analysis), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss basic views on the competitive landscape, emerging and high-growth segments of the global glass fiber prepreg market, high-growth regions and countries and their respective regulatory policies, government initiatives, drivers, restraints, and opportunities.
The report will enrich both the established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help the firms garner a greater market share. Firms that purchase the report could use any one or a combination of five strategies that include market penetration, product development/innovation, market development, market diversification, and competitive assessment to strengthen their market share.
The report provides insights on the following pointers:
-Market Penetration: Comprehensive information on glass fiber prepreg offered by the top market players
-Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the market
-Market Development: Comprehensive information of lucrative emerging markets
-Market Diversification: Exhaustive information of new products, untapped geographies, recent developments, and investments in the glass fiber prepreg market
-Competitive Assessment: In-depth assessment of market share, strategies, products, and manufacturing capabilities of leading market players
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