The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The automotive industry’s consistent rise is likely to stimulate innovation in carbon fibre prepreg manufacturing, propelling the market throughout the forecast period.

The global carbon fiber prepreg market is expected to grow from $8.71 billion in 2022 to $9.62 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The global carbon fiber prepreg market size is expected to reach $13.65 billion in 2027 at a CAGR of 9.1%.

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Global Carbon Fiber Prepreg Market Segments Include:

• By Type: Thermoset, Thermoplastic
• By Manufacturing Process: Hot Melt, Solvent Dip
• By Resin: Phenolic, Epoxy, Bismaleimide, Polyimide, Cyanate Ester, Polyether Ether Ketone (PEEK), Other Resin
• By End User: Aerospace And Defense, Automotive, Wind Energy, Sports And Recreation, Other End Users
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Europe is the largest region in the global carbon fiber prepreg market in 2021.

Major Market Players in the carbon fiber prepreg market include Hexcel Corporation, Mitsubishi Chemical Carbon Fiber and Composites Inc., Solvay SA, Teijin Limited, Gurit Holding, Park Aerospace Corporation, Toray Industries Inc., SGL Group.

Product innovation is a significant trend that is gaining traction in the carbon fibre prepregs market. To maintain their market position in the carbon fibre prepregs industry, major market players are launching innovative products. Solvay, a US-based manufacturer of materials, chemicals, and solutions, for example, launched LTM 350 in September 2022, a next-generation carbon fibre epoxy prepreg tooling material designed to deliver significant time and cost savings for the industrial, aerospace, automotive, and race car markets. This provides a quick, low-temperature cure cycle that may be cycled continuously at temperatures up to 150 °C, with highly precise composite products.

The Carbon Fiber Prepreg Global Market Report 2023  provides a carbon fiber prepreg market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The carbon fiber prepreg market forecast analyzes carbon fiber prepreg market size, carbon fiber prepreg market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Carbon fibre prepreg is a resin-impregnated carbon fibre material that has been shipped. It is typically cut with machine tools and is utilised in a variety of industries, including aerospace and automotive.

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