
NEW YORK, Aug. 11, 2021 /PRNewswire/ -- The global prepreg market size in North America is expected to grow by USD 955.83 million, progressing at a CAGR of almost 7% during the forecast period.
NEW YORK, Aug. 11, 2021 /PRNewswire/ -- The global prepreg market size in North America is expected to grow by USD 955.83 million, progressing at a CAGR of almost 7% during the forecast period.
Data Insights |
Market Segmentations |
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Prepreg Market in North America |
Forecast and Analysis 2021-2025 |
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Highlights |
Covers |
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Key Countries |
Segments |
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Carbon fiber |
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US and Canada |
Type |
Glass fiber |
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Aramid fiber |
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Vendors |
Offerings |
Region |
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Hexcel Corp. |
HexPly |
US |
will offer 91% of the |
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Mitsubishi Chemical |
DIALEAD |
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The high demand for composites from the automotive sector is one of the major factors driving the growth of the market. The growing demand for fuel-efficient vehicles is driving automakers to focus on manufacturing light and improved vehicle exterior and interior parts that can drastically reduce the overall weight of the vehicle. This has increased the use of carbon fiber prepregs in various automotive applications such as powertrain, chassis, exterior, and interior parts. All these factors are expected to foster the growth of the market during the forecast period.
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Global Carbon Fiber Prepreg Market – Global carbon fiber prepreg market is segmented by type (thermoset and thermoplastics), application (aerospace and defense, wind energy, sports equipment, and automotive parts), and geography (North America, Europe, APAC, South America, and MEA).
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Global Prepreg Market – Global prepreg market is segmented by type (carbon fiber, glass fiber, and aramid fiber), application (aerospace and defense, wind energy, automotive, and others), and geography (APAC, Europe, MEA, North America, and South America).
Download Exclusive Free Sample Report
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