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Prepreg Market in North America by Application, Type, and Region - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR41636
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Prepreg Market Size Prepreg Market in North America - 2021-2025

The prepreg market size in North America is expected to reach a value of USD 955.83 million during 2021-2025 at a CAGR of 6.61%. This research study helps in a deep understanding of the underlying forces driving the market growth and current and potential target customers across segmentations. According to our comprehensive survey, factors such as high demand for composites from the automotive sector are projected to significantly support market growth during the forecast period. View our sample report for insights on the latest trends and challenges that will have a far-reaching effect on the market growth.

Prepreg Market in North America Size

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Prepreg Market Market segmentation by region Prepreg Market in North America - Segments

Navigate through market segmentation by type (carbon fiber, glass fiber, and aramid fiber), application (aerospace and defense, wind energy, automotive, and others), and geography (the US and Canada) in this prepreg market in North America report to pursue growth opportunities.

Get actionable insights on the prepreg market in North America segments to generate successful ROIs and focus your business strategy efforts where they are most likely to be effective. Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. Want a thorough qualitative and quantitative analysis on the post-pandemic prepreg market in North America predictions on-demand changes for 2021-2025? You can buy the report now with one easy click.

Prepreg Market Segmentation Prepreg Market in North America Vendors and Competitive Analysis

The prepreg market in North America is fragmented and the vendors are deploying growth strategies such as pricing and product innovation to gain competitive advantage. Find out about other well-thought-out business planning approaches of key players from our sample report.

The unprecedented outbreak of COVID-19 last year impacted market segments that has had a ripple effect on various stakeholders. To make the most of the opportunities and recover from post COVID-19 impact, the market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Click here to get COVID-19 impact update.

Buy the full prepreg market in North America forecast report for detailed insights on complete key vendor profiles. The profiles include information on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis.

Prepreg Market in North America Vendors

Prepreg Market in North America - Region Opportunities 2021-2025

91% of the prepreg market in North America growth will originate from the US during the forecast period. The US and Canada are the key markets for prepreg in North America. To unlock exclusive information on potential business locations and understand the demographics of current and prospective customers buy the report now!

Prepreg Market in North America Share by Geography

The US has been exhibiting a significant growth rate for prepreg market vendors in North America. Factors such as increased government spending in the aerospace and defense sectors in the US are accelerating the prepreg market growth in North America. To view our in-depth analytical review on the micro and macroeconomic factors impacting businesses in the regions click here.

The prepreg market share growth in the US will be faster than the growth of the market in Canada. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

Prepreg Market in North America Insights by Type

Prepreg Market in North America Share by Type

To gain further insights on the market contribution of various segments Request for a FREE Sample!

The prepreg market in North America share growth by the carbon fiber segment will be significant during the forecast period. The increasing use of carbon fiber prepregs in the aerospace and defense, wind energy, sports and automotive sectors will drive the prepreg market growth in North America. This report provides an accurate prediction of the contribution of all the segments to the growth of the prepreg market size in North America.

From the prepreg market in North America segmentation insights, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentation will allow vendors to position their services and products among the right audiences and gain significant exposure and growth. Also, get updated actionable market insights on post COVID19 impact on each segment.

Prepreg Market in North America Drivers & Trends

While it is crucial to have a solid understanding of the drivers and trends, it is also imperative that the market challenges are recognized to improvize business planning and sustain market competition. One of the key factors impeding prepreg market growth in North America is that prepregs are cost-prohibitive. Purchase our express report to get exhaustive insights on other industry trends, drivers, and challenges, which will help companies evaluate and develop growth strategies.

High demand for composites from the automotive sector is a key driver boosting the prepreg market growth in North America. Composites have long been used in cars and trucks, primarily in interiors and under the hood. High-performance automobiles have used carbon fibers for many years, and now new high-speed manufacturing technologies are allowing carbon fibers to be incorporated in production vehicles. The propelling force of lightweight materials in the automotive sector is further driven by the need for better and fuel-efficient automobiles. Hence, the automakers are striving toward the manufacture of light and improved vehicle exterior and interior parts that have the ability to drastically improve the fuel efficiency of the vehicle. The area of material science, especially composites, has been complimentary to the evolution of prepreg in the composites sector.

This prepreg market in North America analysis report provides detailed information on key trends, drivers, and challenges that is the essence of business planning and strengthening marketing strategies across regions and segmentations.


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Prepreg Market in North America Report Outlook

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive prepreg market growth in North America during the next five years
  • Precise estimation of the prepreg market size in North America and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the prepreg market in North America 
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of prepreg market vendors in North America 

Buy the Prepreg Market In North America report now to reimage your business strategies!

 

Prepreg Market In North America Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 7%

Market growth 2021-2025

$ 955.83 million

Market structure

Fragmented

YoY growth (%)

5.89

Regional analysis

US and Canada

Performing market contribution

US at 91%

Key consumer countries

US and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Celanese Corp., Gurit Holding AG, Hexcel Corp., Kaman Corp., Mitsubishi Chemical Holdings Corp., Park Aerospace Corp., SGL Carbon SE, Solvay SA, Toray Industries Inc., and Yokohama Rubber Co. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Aerospace and defense - Market size and forecast 2020-2025
    • Wind energy - Market size and forecast 2020-2025
    • Automotive - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Application

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Carbon fiber - Market size and forecast 2020-2025
    • Glass fiber - Market size and forecast 2020-2025
    • Aramid fiber - Market size and forecast 2020-2025
    • Market opportunity by Type

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • US - Market size and forecast 2020-2025
      • Canada - Market size and forecast 2020-2025
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Celanese Corp.
      • Gurit Holding AG
      • Hexcel Corp.
      • Kaman Corp.
      • Mitsubishi Chemical Holdings Corp.
      • Park Aerospace Corp.
      • SGL Carbon SE
      • Solvay SA
      • Toray Industries Inc.
      • Yokohama Rubber Co. Ltd.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      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.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
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      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
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      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      Prepreg market growth will increase by $955.83 million during 2019-2024.
      The prepreg market is expected to grow at a CAGR of 6.61% during 2019-2024.
      Technavio has segmented the prepreg market by type (Carbon fiber, Glass fiber, and Aramid fiber) ,application (Semiconductors, Life sciences, Material sciences, and Nanotechnology) , and geographic (US and Canada).
      Celanese Corp., Gurit Holding AG, Hexcel Corp., Kaman Corp., Mitsubishi Chemical Holdings Corp., Park Electrochemical Corp., SGL Carbon SE, Solvay SA, Toray Industries Inc., Yokohama Rubber Co. Ltd. are a few of the key vendors in the prepreg market.
      US will register the highest growth rate of 90.81% among the other regions. Therefore, the prepreg market in US is expected to garner significant business opportunities for the vendors during the forecast period.
      • The Gambia
      • Bhutan
      • American Samoa
      The key factors driving the prepreg market growth are:
      • Demand for lightweight materials in automotive sector
      • Wind power capacity additions
      The prepreg market vendors should focus on grabbing business opportunities from the carbon fiber segment as it accounted for the largest market share in the base year.
      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?
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      • Five-force market analysis

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