Product Code: PM3430
The global carbon prepreg market size is expected to reach USD 34.88 billion by 2032, according to a new study by Polaris Market Research. The report "Carbon Prepreg Market Share, Size, Trends, Industry Analysis Report, By Resin Type (Epoxy Resin, Phenolic Resin, BMI Resin, Cyanate Ester Resin, Thermoplastic Resin, and Others); By Manufacturing Process; By Application; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Rising product demand for wide range of industries including wind energy, sporting goods, aerospace & defense, and sporting goods and widespread product adoption due to its high resilience to corrosion, high strength-to-weight ratio, and enhanced fire resistance are propelling the demand and growth of the global market.
Moreover, the rapid rate of industrialization and prevalence for green energy sources across emerging economies and development in R&D activities is further expected to create lucrative growth opportunities for the market. For instance, in December 2022, Haydale, introduced its graphene based prepreg, made to cater composite tooling with the extended life of tooling and enhanced surface quality. The company is producing the product the product with both standard & nano-enhanced without any deterioration of the mold surface.
Carbon prepreg materials have been finding new applications in the renewable energy sector in the recent years particularly in the production of wind turbine blades. As wind turbines become larger and more efficient, there is a need for stronger and more durable materials to withstand the complexities with the operations, thus the need for the product is being positively influenced. Furthermore, 3D printing technology has gained huge potential to revolutionize the manufacturing of carbon fiber composites including the carbon prepregs.
Apart from this, additive manufacturing processes such as continuous fiber reinforcement printing that can produce complex-shaped carbon fiber composites with high precision and improved efficiency, is also likely to expand new significant growth opportunities in the near future.
Carbon Prepreg Market Report Highlights
Thermoplastic resin segment is projected to grow at a maximum CAGR during the anticipated period, on account of its high utilization in numerous applications like window frames and packaging containers
Hot melt process segment accounted for largest market share in 2022, which is mainly driven by its beneficial properties including eco-friendly and improving the product quality
Aerospace & defense segment held the maximum market share in 2022, mainly due to the rising investments towards the development of aerospace sector and growing demand for manufacturing aircraft components
North America region dominated the global market in 2022, owing to quick adoption of advanced production technologies and significant growth in numerous industry verticals
The global key market players include: Solvay Group, Hexcel Corporation, Teijin Ltd., Gurit Holding, Park Aerospace, and Plastic Reinforcement Plastics
Polaris Market Research has segmented the carbon prepreg market report based on resin type, manufacturing process, application, and region:
Carbon Prepreg, Resin Type Outlook (Revenue - USD Billion, 2019 - 2032)
- Epoxy Resin
- Phenolic Resin
- BMI Resin
- Cyanate Ester Resin
- Thermoplastic Resin
- Others
Carbon Prepreg, Manufacturing Process Outlook (Revenue - USD Billion, 2019 - 2032)
- Hot Melt Process
- Solvent Dip Process
Carbon Prepreg, Application Outlook (Revenue - USD Billion, 2019 - 2032)
- Aerospace & Defense
- Automotive
- Sports and Leisure
- Wild Energy
- Others
Carbon Prepreg, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Carbon Prepreg Market Insights
- 4.1. Carbon Prepreg Market - Manufacturing Process Snapshot
- 4.2. Carbon Prepreg Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising use of carbon prepreg materials in wind turbine
- 4.2.1.2. Growing focus on developing advanced software tools
- 4.2.2. Restraints and Challenges
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Carbon Prepreg Market Manufacturing Process Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Carbon Prepreg Market, by Resin Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 5.3. Epoxy Resin
- 5.3.1. Global Carbon Prepreg Market, by Epoxy Resin, by Region, 2019-2032 (USD Billion)
- 5.4. Phenolic Resin
- 5.4.1. Global Carbon Prepreg Market, by Phenolic Resin, by Region, 2019-2032 (USD Billion)
- 5.5. BMI Resin
- 5.5.1. Global Carbon Prepreg Market, by BMI Resin, by Region, 2019-2032 (USD Billion)
- 5.6. Cyanate Ester Resin
- 5.6.1. Global Carbon Prepreg Market, by Cyanate Ester Resin, by Region, 2019-2032 (USD Billion)
- 5.7. Thermoplastic Resin
- 5.7.1. Global Carbon Prepreg Market, by Thermoplastic Resin, by Region, 2019-2032 (USD Billion)
- 5.8. Others
- 5.8.1. Global Carbon Prepreg Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Carbon Prepreg Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 6.3. Aerospace & Defense
- 6.3.1. Global Carbon Prepreg Market, by Aerospace & Defense, by Region, 2019-2032 (USD Billion)
- 6.4. Automotive
- 6.4.1. Global Carbon Prepreg Market, by Automotive, by Region, 2019-2032 (USD Billion)
- 6.5. Sports and Leisure
- 6.5.1. Global Carbon Prepreg Market, by Sports and Leisure, by Region, 2019-2032 (USD Billion)
- 6.6. Wind Energy
- 6.6.1. Global Carbon Prepreg Market, by Wind Energy, by Region, 2019-2032 (USD Billion)
- 6.7. Others
- 6.7.1. Global Carbon Prepreg Market, by Others, by Region, 2019-2032 (USD Billion)
7. Global Carbon Prepreg Market, by Manufacturing Process
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 7.3. Hot Melt Process
- 7.3.1. Global Carbon Prepreg Market, by Hot Melt Process, By Region, 2019-2032 (USD Billion)
- 7.4. Solvent Dip Process
- 7.4.1. Global Carbon Prepreg Market, by Solvent Dip Process, By Region, 2019-2032 (USD Billion)
8. Global Carbon Prepreg Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Carbon Prepreg Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Carbon Prepreg Market - North America
- 8.3.1. North America: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.3.3. North America: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.3.4. Carbon Prepreg Market - U.S.
- 8.3.4.1. U.S.: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.3.5. Carbon Prepreg Market - Canada
- 8.3.5.1. Canada: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.4. Carbon Prepreg Market - Europe
- 8.4.1. Europe: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.4.3. Europe: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.4.4. Carbon Prepreg Market - UK
- 8.4.4.1. UK: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.4.5. Carbon Prepreg Market - France
- 8.4.5.1. France: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.4.5.3. France: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.4.6. Carbon Prepreg Market - Germany
- 8.4.6.1. Germany: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.4.7. Carbon Prepreg Market - Italy
- 8.4.7.1. Italy: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.4.8. Carbon Prepreg Market - Spain
- 8.4.8.1. Spain: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.4.9. Carbon Prepreg Market - Netherlands
- 8.4.9.1. Netherlands: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.4.10. Carbon Prepreg Market - Russia
- 8.4.10.1. Russia: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.5. Carbon Prepreg Market - Asia Pacific
- 8.5.1. Asia Pacific: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.5.4. Carbon Prepreg Market - China
- 8.5.4.1. China: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.5.4.3. China: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.5.5. Carbon Prepreg Market - India
- 8.5.5.1. India: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.5.5.3. India: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.5.6. Carbon Prepreg Market - Malaysia
- 8.5.6.1. Malaysia: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.5.7. Carbon Prepreg Market - Japan
- 8.5.7.1. Japan: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.5.8. Carbon Prepreg Market - Indonesia
- 8.5.8.1. Indonesia: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.5.9. Carbon Prepreg Market - South Korea
- 8.5.9.1. South Korea: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.6. Carbon Prepreg Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.6.4. Carbon Prepreg Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.6.5. Carbon Prepreg Market - UAE
- 8.6.5.1. UAE: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.6.6. Carbon Prepreg Market - Israel
- 8.6.6.1. Israel: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.6.7. Carbon Prepreg Market - South Africa
- 8.6.7.1. South Africa: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.7. Carbon Prepreg Market - Latin America
- 8.7.1. Latin America: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.7.4. Carbon Prepreg Market - Mexico
- 8.7.4.1. Mexico: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.7.5. Carbon Prepreg Market - Brazil
- 8.7.5.1. Brazil: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
- 8.7.6. Carbon Prepreg Market - Argentina
- 8.7.6.1. Argentina: Carbon Prepreg Market, by Resin Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Carbon Prepreg Market, by Manufacturing Process, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Carbon Prepreg Market, by Application, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Gurit Holding
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Park Electrochemical
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Toray Industries
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Teijin Limited
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Royal TenCate
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Mitsubishi Rayon
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Axiom Materials
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. SGL Group
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Cytec
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Solvay Group
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Hexcel Corporation
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Rock West Composites
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. ACP Composites
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Park Aerospace
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
- 10.15. Mitsubishi Chemical
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development
- 10.16. Plastic Reinforcement Fabrics
- 10.16.1. Company Overview
- 10.16.2. Financial Performance
- 10.16.3. Product Benchmarking
- 10.16.4. Recent Development