Aviation-NewsWire.Com, December 01, 2018 ) According to the new market research report "Carbon Fiber Prepreg Market by Resin Type (Epoxy, Phenolic"> Aviation-NewsWire.Com, December 01, 2018 ) According to the new market research report "Carbon Fiber Prepreg Market by Resin Type (Epoxy, Phenolic">
Aviation News
Press release distribution service
Home > Aviation News & Resources
Aviation Industry
  • Aviation News
  • Business Aviation
  • Commercial Aviation
  • Defense
  • Submit News

    Watch Aviation News

  • Airbus News
  • Airlines News
  • Airport News
  • Aviation News
  • Boeing News

  • Carbon Fiber Prepreg Market worth 7.20 Billion USD by 2021

    (Aviation-NewsWire.Com, December 01, 2018 ) According to the new market research report "Carbon Fiber Prepreg Market by Resin Type (Epoxy, Phenolic, Bismaleimide, Cyanate Ester, Thermoplastic), Manufacturing Process (Hot Melt, Solvent Dip), Application (Aerospace & Defense, Automotive, Sports & Leisure, Wind) - Global Forecast to 2021", published by MarketsandMarkets™, the carbon fiber prepreg market was valued at USD 3.86 Billion in 2015 and is projected to reach USD 7.20 Billion by 2021, at a CAGR of 11.0% between 2016 and 2021.

    Don’t miss out on business opportunities in "Carbon Fiber Prepreg Market". Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=25864916

    The carbon fiber prepreg market is driven by increasing demand for fuel efficient vehicles and growing use of carbon fiber prepregs in aerospace & defense and wind applications. Moreover, increasing use of carbon fiber prepregs for manufacturing sports goods, such as tennis rackets, bicycles, fishing rods, and golf shafts is also driving the growth of the carbon fiber prepreg market, globally.

    Among resin types, the epoxy segment is leading the carbon fiber prepreg market, in terms of value.

    The epoxy segment is leading the carbon fiber prepreg market, owing to increased use of epoxy resins in various applications, such as aerospace & defense, automotive, sports & leisure, and wind, among others. Epoxy resin-based carbon fiber prepregs offer high strength to weight ratio and increased resistance to heat, moisture, and corrosion. They require less maintenance and offer high durability.

    Browse and in-depth TOC on "Carbon Fiber Prepreg Market"
    86 - Tables
    62 - Figures
    171 - Pages

    View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/carbon-fiber-prepreg-market-25864916.html

    Among applications, the aerospace & defense segment is leading the carbon fiber prepreg market, in terms of value and volume.

    On the basis of application, the carbon fiber prepreg market has been segmented into aerospace & defense, automotive, sports & leisure, wind, and others. The aerospace & defense application segment is leading the carbon fiber prepreg market, in terms of value and volume. Carbon fiber prepregs are lightweight and offer resistance to moisture, chemicals, and corrosion. They have increased operational stability at high temperatures in comparison to materials made from other conventional materials, such as thermoset composites and metallic alloys. As such, carbon fiber prepregs are being increasingly used in the aerospace & defense industry, which, in turn, is fueling the growth of the aerospace & defense segment of the carbon fiber prepreg market.

    The North America carbon fiber prepreg market is projected to grow at the highest CAGR during the forecast period, 2016 to 2021.

    The North American region is leading the carbon fiber prepreg market due to increased demand for carbon fiber prepregs for use in different end-use industries as they offer excellent strength and are lightweight and easy to fabricate. Carbon fiber prepregs offer resistance to chemicals and corrosion. In addition, the technological advancements taking place for the mass production of carbon fiber prepregs and increasing usage of carbon fiber prepregs in the aerospace & defense industry are the factors contributing towards the growth of the North America carbon fiber prepreg market. The North America carbon fiber prepreg market is projected to grow at the highest CAGR during the forecast period. Moreover, the region has the presence of some of the key players of the carbon fiber prepreg market, which include Park Electrochemical Corporation (Melville, U.S.), Hexcel Corporation (Connecticut, U.S.), and Axiom Materials (California, U.S.), among others.

    Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=25864916

    The key players operating in the carbon fiber prepreg market are SGL Group (Wiesbaden, Germany), Gurit Holding AG (Wattwil, Switzerland), Park Electrochemical Corporation (Melville, U.S.), Toray Industries, Inc. (Tokyo, Japan), Teijin Limited (Osaka, Japan), Royal TenCate N.V. (Almeo, Netherlands), Hexcel Corporation (Connecticut, U.S.), Cytec Solvay Group (Brussels, Belgium), Mitsubishi Rayon Co., Ltd. (Tokyo, Japan), and Axiom Materials (California, U.S.), among others. These players have adopted various organic and inorganic development strategies to strengthen their position in the market.

    MarketsandMarkets

    Mr. Shelly Singh

    1-888-600-6441

    sales@marketsandmarkets.com

    Source: EmailWire.Com

    Source: EmailWire.com

    Aviation News & Resources

    Aviation Resource Center
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    Governing
    Point of Beginning
    Overall Labor Effectiveness (OLE) Achieving a Highly Effective Workforce

    No credit cards, coupons, or promo codes required. Try it today!

    Press release service

    Aviation-Newswire.Com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    Aviation-NewsWire.Com - Newswire and Press Release service of GroupWeb Media LLC