CHICAGO, March 12, 2021 /PRNewswire/ — According to the new market research report “Prepreg Market by Type of Reinforcement (Carbon Fiber Prepreg, Glass Fiber Prepreg), Resin Type (Thermoset Prepreg, and Thermoplastic Prepreg), Form, Manufacturing Process (Hot-melt, Solvent Dip), Application, Region – Global Forecast to 2025″, published by MarketsandMarkets™, the Prepreg Market size is expected to grow from USD 6.2 billion in 2020 to USD 10.2 billion by 2025, at a CAGR of 10.5% during the forecast period.
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Browse in-depth TOC on “Prepreg Market”133 – Tables 62 – Figures 187 – Pages
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Prepreg is extensively being used in the aerospace & defense, wind energy, automotive, sporting goods, electronics, and other end-use industries. The increasing wind energy projects support the demand for prepreg in the wind energy end-use industry.
Carbon Fiber Prepreg comprises a major share of the prepreg market in terms of value.
The carbon fiber prepregs find wide applications in various end-use industries. Some of the major applications includes aerospace & defense, wind energy, sporting goods, automotive, electronics (PCB), and others. The increasing demand from these applications is expected to drive the carbon…