Non-Woven Glass Fiber Prepreg Market to record USD 360.33 Mn growth; Driven by rising demand from end-use industry - Technavio

NEW YORK, Nov. 16, 2022 /PRNewswire/ -- The "Non-woven Glass Fiber Prepreg Market by Application (Wind, Electronics, Automotive, and Others) and Geography (APAC, North America, Europe, South America, and Middle East and Africa) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the non-woven glass fiber prepreg market between 2021 and 2026 is USD 360.33 million. To get the exact yearly growth variance and the Y-O-Y growth rate, Download a Free PDF Report Sample.

Key Market Dynamics:

The market is driven by the rising demand from end-user industries. Non-woven glass fiber prepregs exhibit various properties such as high strength, lightweight, and excellent stiffness. This will help achieve high fuel efficiency at a low cost. Fiberglass composites can reduce the weight of the entire vehicle by 10%. These composites are 35% lighter than aluminum and 75% lighter than steel. This has increased their use in wind energy generation, aerospace and defense, automotive, electronics, and other end-use industries. Another important factor driving the demand for non-woven glass fiber in automobiles is their potential to reduce carbon emissions. Stringent carbon emission regulations by the European Commission have increased the demand for non-woven glass fiber prepreg. Learn about additional key drivers, trends, and challenges available with Technavio. Download a Free Sample Report

Vendor Landscape

The global non-woven glass fiber prepreg market is characterized by intense competition and is moderately fragmented due to the presence of many multinational and local vendors. Easy availability of raw materials and price differentiation are the key factors influencing the market. Though local vendors have a cost advantage in terms of raw materials, competing with major vendors in terms of price, quality, and supply of differentiated products is a challenge.

The report identifies the following as major players in the market.

• ACP Composites Inc.
• Ahlstrom Munksjo
• APCM LLC.
• BASF SE
• Berkshire Hathaway Inc.
• BPREG Composites
• China Jushi Co. Ltd.
• DIC Corp
• Fibrtec Inc.
• Gurit Holding AG
• Hexcel Corp.
• Huntsman corp.
• Jonam Composites Ltd.
• Owens Corning
• SAERTEX GmbH and Co.KG
• SAINT GOBAIN ADFORS
• SGL Carbon SE
• Solvay SA
• Taishan Fiberglass Inc.
• Toray Composite Materials America Inc.
• Gain access to more vendor profiles with their key offerings available with Technavio, Buy Now!

Segmentation Analysis

By application, the market is analyzed across segments such as wind, electronics, automotive, and others. The market growth in the wind segment will be significant over the forecast period. The growing demand for large wind turbine blades has increased the demand for non-woven glass fiber prepreg due to their excellent mechanical and physical properties. These fibers are lightweight and have excellent chemical resistance, stiffness, and strength. They are used to manufacture rotor blades for wind turbines, which are extremely durable, weather resistant, and incur low maintenance costs. Using wind power to generate energy reduces CO2 emissions and can largely reduce the environmental impact of global warming. These factors will increase the demand for non-woven glass fiber prepreg for wind turbines during the forecast period.

Regional Analysis

APAC will account for 50% of the global market share over the forecast period. In APAC, the aerospace and defense sector has grown rapidly in recent years. APAC is one of the largest manufacturers of aerospace components and a major exporter of aerospace components and materials to other countries. In addition, developing and developed countries are inclined toward sustainable energy and a greener future. Also, government intervention in it is expected to spur the demand for the same, all these factors are increasing the need for wind energy. This, in turn, is driving the growth of the regional market. Gain additional insights into the contribution of all the segments, and regional opportunities in the report. Download a Free Sample Report Now.

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Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

• 5.1 Market segments 
• Exhibit 24: Chart on Application - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Application - Market share 2021-2026 (%)

• 5.2 Comparison by Application 
• Exhibit 26: Chart on Comparison by Application
• Exhibit 27: Data Table on Comparison by Application

• 5.3 Wind - Market size and forecast 2021-2026
• Exhibit 28: Chart on Wind - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Wind - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Wind - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Wind - Year-over-year growth 2021-2026 (%)

• 5.4 Electronics - Market size and forecast 2021-2026
• Exhibit 32: Chart on Electronics - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Electronics - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Electronics - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Electronics - Year-over-year growth 2021-2026 (%)

• 5.5 Automotive - Market size and forecast 2021-2026
• Exhibit 36: Chart on Automotive - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Automotive - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Automotive - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Automotive - Year-over-year growth 2021-2026 (%)

• 5.6 Others - Market size and forecast 2021-2026
• Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.7 Market opportunity by Application 
• Exhibit 44: Market opportunity by Application ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 46: Chart on Market share by geography 2021-2026 (%)
• Exhibit 47: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 48: Chart on Geographic comparison
• Exhibit 49: Data Table on Geographic comparison

• 7.3 APAC - Market size and forecast 2021-2026
• Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.4 North America - Market size and forecast 2021-2026
• Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.5 Europe - Market size and forecast 2021-2026
• Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 China - Market size and forecast 2021-2026
• Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.9 US - Market size and forecast 2021-2026
• Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.10 Japan - Market size and forecast 2021-2026
• Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.11 Canada - Market size and forecast 2021-2026
• Exhibit 82: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.12 UK - Market size and forecast 2021-2026 
• Exhibit 86: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 87: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 88: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.13 Germany - Market size and forecast 2021-2026
• Exhibit 90: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 91: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 92: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 93: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.14 Market opportunity by geography 
• Exhibit 94: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 95: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 96: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 97: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 98: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 99: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 100: Matrix on vendor position and classification

• 10.3 Ahlstrom Munksjo 
• Exhibit 101: Ahlstrom Munksjo - Overview
• Exhibit 102: Ahlstrom Munksjo - Business segments
• Exhibit 103: Ahlstrom Munksjo - Key news
• Exhibit 104: Ahlstrom Munksjo - Key offerings
• Exhibit 105: Ahlstrom Munksjo - Segment focus

• 10.4 Berkshire Hathaway Inc. 
• Exhibit 106: Berkshire Hathaway Inc. - Overview
• Exhibit 107: Berkshire Hathaway Inc. - Business segments
• Exhibit 108: Berkshire Hathaway Inc. - Key news
• Exhibit 109: Berkshire Hathaway Inc. - Key offerings
• Exhibit 110: Berkshire Hathaway Inc. - Segment focus

• 10.5 Gurit Holding AG 
• Exhibit 111: Gurit Holding AG - Overview
• Exhibit 112: Gurit Holding AG - Business segments
• Exhibit 113: Gurit Holding AG - Key offerings
• Exhibit 114: Gurit Holding AG - Segment focus

• 10.6 Hexcel Corp. 
• Exhibit 115: Hexcel Corp. - Overview
• Exhibit 116: Hexcel Corp. - Business segments
• Exhibit 117: Hexcel Corp. - Key news
• Exhibit 118: Hexcel Corp. - Key offerings
• Exhibit 119: Hexcel Corp. - Segment focus

• 10.7 Jonam Composites Ltd. 
• Exhibit 120: Jonam Composites Ltd. - Overview
• Exhibit 121: Jonam Composites Ltd. - Product / Service
• Exhibit 122: Jonam Composites Ltd. - Key offerings

• 10.8 Owens Corning 
• Exhibit 123: Owens Corning - Overview
• Exhibit 124: Owens Corning - Business segments
• Exhibit 125: Owens Corning - Key news
• Exhibit 126: Owens Corning - Key offerings
• Exhibit 127: Owens Corning - Segment focus

• 10.9 SAERTEX GmbH and Co.KG 
• Exhibit 128: SAERTEX GmbH and Co.KG - Overview
• Exhibit 129: SAERTEX GmbH and Co.KG - Product / Service
• Exhibit 130: SAERTEX GmbH and Co.KG - Key news
• Exhibit 131: SAERTEX GmbH and Co.KG - Key offerings

• 10.10 SAINT GOBAIN ADFORS 
• Exhibit 132: SAINT GOBAIN ADFORS - Overview
• Exhibit 133: SAINT GOBAIN ADFORS - Product / Service
• Exhibit 134: SAINT GOBAIN ADFORS - Key offerings

• 10.11 SGL Carbon SE 
• Exhibit 135: SGL Carbon SE - Overview
• Exhibit 136: SGL Carbon SE - Business segments
• Exhibit 137: SGL Carbon SE - Key news
• Exhibit 138: SGL Carbon SE - Key offerings
• Exhibit 139: SGL Carbon SE - Segment focus

• 10.12 Solvay SA 
• Exhibit 140: Solvay SA - Overview
• Exhibit 141: Solvay SA - Business segments
• Exhibit 142: Solvay SA - Key news
• Exhibit 143: Solvay SA - Key offerings
• Exhibit 144: Solvay SA - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 145: Inclusions checklist
• Exhibit 146: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 147: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 148: Research methodology
• Exhibit 149: Validation techniques employed for market sizing
• Exhibit 150: Information sources

• 11.5 List of abbreviations 
• Exhibit 151: List of abbreviations

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