Lucintel Forecasts the Global Carbon Prepreg Market to Reach $12 Billion by 2030
Lucintel Forecasts the Global Carbon Prepreg Market to Reach $12 Billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global carbon prepreg market looks promising with opportunities in the aerospace and defense, energy, automotive, leisure, and electronic markets. The global carbon prepreg market is expected to reach an estimated $12 billion by 2030 from $7 billion in 2024 at a CAGR of 8.7% from 2024 to 2030. The major drivers for this market are increasing focus on renewable energy sources, rising demand in the aerospace and defense industry, and increasing need for CFRP components.
A more than 150-page report to understand trends, opportunity and forecast in carbon prepreg market to 2030 by resin type (thermoset and thermoplastic), end use (aerospace and defense, energy, automotive, leisure, electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that thermoplastic will remain the larger segment over the forecast period due to their benefits, which include the capacity to repeatedly reheat and reform the material by heating it above the thermoplastic matrixs melting point.
Within this market, aerospace and defense will remain the largest segment due to substantial application of carbon prepreg in this sector given to their qualities, including their high stiffness, heat resistance, strength, and chemical resistance.
Europe will remain the largest region over the forecast period due to extensively utilized in the production of auto parts, wind turbine parts, and aerospace components in the region.
ACP Composites, Kordsa Teknik Tekstil, Barrday, Gurit Services, Hexcel, Lingol, Mitsubishi Chemical, PARK AEROSPACE, SGL Carbon, Solvay are the major suppliers in the carbon prepreg market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056