Global Carbon Prepreg Market Report 2023: Increasing Demand for Fuel-efficient Vehicles has Spurred Growth

Dublin, June 07, 2023 (GLOBE NEWSWIRE) -- The "Carbon Prepreg Market, By Resin Type, By End User Industry, And By Geography - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030" report has been added to's offering.

This report provides in-depth analysis of the global carbon prepreg market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year.

Company Profiles

  • ACP Composites Inc.
  • Kordsa Teknik Tekstil AS
  • Barrday
  • Gurit
  • Hexcel Corporation
  • Lingol Corporation
  • Mitsubishi Chemical Carbon Fiber and Composites Inc.
  • SGL Carbon
  • Solvay
  • Teijin Limited
  • The Yokohama Rubber Co. Ltd
  • Toray Industries Inc.
  • Zyvex Technologies

Carbon prepreg is a lightweight and durable composite that is used in high-performance applications. It is manufactured using a wide variety of processes that allow for the production of parts with exceptional strength and stiffness characteristics. Most prepregs contain around 35% resin, which is ideal for achieving maximum cured properties.

The high resin content will not only reduce the amount of waste that is created by hand lamination, but also prevents dry spots from forming on the part as well as reducing the possibility of a resin-rich area developing in the mold. Prepreg is also an excellent choice for a variety of other projects where a highly durable, lightweight, and temperature-resistant material is needed. It is also easy to work with, making it a great option for those who have limited experience with resin molding.

Increasing demand for fuel-efficient vehicles has spurred the growth of carbon prepregs across the globe. They are a key component used in the construction of aerospace and automotive components, which have lower weights, higher strength-to-weight ratios, and better durability.

Moreover, they are widely used in the production of wind turbine parts. The aerospace & defense industry is the largest consumer of carbon fiber prepregs, owing to their exceptional strength and lightweight properties. It accounts for about 65% of the monetary worth of the global carbon fiber prepreg market and is anticipated to maintain its dominance during the forecast period.

On the other hand, maintenance issues associated with the technology is expected to hinder the market growth.

Key features of the study:

  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global carbon prepreg market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global carbon prepreg market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global carbon prepreg market

Key Attributes:

Report AttributeDetails
No. of Pages137
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$7732.3 Million
Forecasted Market Value (USD) by 2030$15646.2 Million
Compound Annual Growth Rate9.2%
Regions CoveredGlobal

Detailed Segmentation:

by Resin Type

  • Thermoset
  • Thermoplastic

by End User Industry

  • Aerospace and Defense
  • Energy
  • Automotive
  • Leisure
  • Electronics
  • Other End User Industries

by Geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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Global Carbon Prepreg Market