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The non-woven glass fiber prepreg market size is forecast to increase by USD 341.9 billion at a CAGR of 7.1% between 2023 and 2028. The market is witnessing significant growth due to the rising demand from various end-use industries, particularly in the aerospace and automotive sectors. The lightweight and high-strength properties of non-woven glass fiber prepregs make them an ideal choice for manufacturing components in these industries. Moreover, the adoption in the automotive industry, driven by the increasing demand for fuel-efficient and lightweight vehicles, is further fueling market growth. However, the easy availability of substitutes, such as carbon fiber and aramid fiber prepregs, may pose a challenge to the market. Despite this, the market is expected to continue its growth trajectory, driven by the increasing adoption in new applications and the development of advanced technologies to improve the properties of non-woven glass fiber prepregs.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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