Prepreg Market in North America 2015-2019

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Transcript of Prepreg Market in North America 2015-2019

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Prepreg Market in North America 2015-2019

Covered in this Report

• In this report, we cover the present scenario and growth prospects of the prepreg market in North America from 2015–2019.

• We also present the vendor landscape and a corresponding detailed analysis of the top vendors in the market.

• In addition, we discuss the major drivers influencing market growth, outline the challenges faced by vendors and the market as a whole, and identify the key trends emerging in the market.

Prepreg Market in North America

2015-2019

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Market Overview• Prepregs have a high strength-to-weight ratio, high

resistance to corrosion and fatigue, and fire resistance, and so are favored by manufacturers over their metallic counterparts for use in commercial and industrial applications.

• They are created by pre-impregnating fibers, including glass, carbon, and aramid, onto a matrix material.

• Prepregs can be manufactured using various production techniques, but most of them are commercially produced through hot melt or solvent dip processes.

• Technavio's analysts forecast the prepreg market in North America to grow at a CAGR of 10.43% over the period 2015-2019.

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Key Vendors and Regions

• Cytec Industries

• Gurit Holding

• Hexcel

• Royal Tencate

• SGL Group

• Toray Industries

• Yokohama Aerospace America

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• Canada

• US

Vendors Regions

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Key Findings• Manufacturers prefer thermoset carbon fiber prepregs for commercial and industrial

applications owing to their high strength-to-weight ratio, high resistance to corrosion and fatigue, and excellent fire resistance characteristics.

• Significant advances in manufacturing processes in recent years have resulted in low cost of production and ease of designing, causing their demand and use to rapidly increase.

• Although prepregs have been around for some time, their manufacturing processes and machinery are still at a nascent stage, thereby limiting their use to high-end and niche applications in most industrial and commercial sectors.

• After a long period of low utilization rates and limited profitability resulting from prepreg supply exceeding its demand, manufacturers have finally been able to increase their revenues in recent years.

• Because prepregs have high costs and design complexities, they have been used in limited applications in the automotive and aerospace industries.

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Key Questions Answered in Our Report

• What will the market size be in 2019 and what will the growth rate be?

• What are the key market trends?

• What is driving this market?

• What are the challenges to market growth?

• Who are the key vendors in this market space?

• What are the market opportunities and threats faced by the key vendors?

• What are the strengths and weaknesses of the key vendors?

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