Market by Resin Type, Manufacturing Process, Reinforcement Type, Applications, and Country | Forecast 2021-2028
Triton Market
Research’s report on the prepreg market in Latin America predicts this industry
to rise with a CAGR of 9.10% during the forecast years between 2021 and 2028.
Report scope can be customized per your requirements. Request For Customization
The countries
considered for analysis in this market include:
•
Mexico
•
Brazil
•
Rest of Latin America
The Mexican aerospace
industry is a key sector for foreign investments and employment generation in
the nation. Additionally, the number of aerospace players in Mexico is rising
rapidly, which can be attributed to the incentives and support programs offered
by the government for international players entering the country. Aircraft
component production is done on a large scale in the country. Also, an increase
in R&D activities can be seen here. Thus, the aerospace industry is growing
significantly, which is also influencing the demand for prepregs positively.
Mexico is also the
largest automobile manufacturer in the Latin American region and the
seventh-largest in the world. An increase in the demand for commercial and
passenger vehicles has been witnessed over the years. The automotive industry
in the country had a major impact on the Mexican economy, from 2008 to 2017,
increasing the share of the total GDP by 58% and that of the manufacturing
sector by 53%.
The domestic automotive
industry also produced 4,068,415 vehicle units in 2017, recording a growth of
13%. Further, Chinese automaker BAIC is planning to establish a new
manufacturing plant in Mexico with an investment of $2 billion. This shows that
Mexico’s automobile industry is on a growth path. This is expected to influence
the demand for prepregs, and, in turn, drive the industry growth.
Celanese Corporation is
a specialty materials company. It is engaged in the production of
high-performance engineered polymers and acetyl intermediates. The company also
offers consumer and industrial specialist compounds, including cellulose
derivatives, food ingredients, and emulsion & EVA polymers, respectively.
Its products are used in a number of industries, including automotive,
construction, paper & textiles, consumers, food & beverage, medical,
and others. Celanese has a business presence in Latin America, among other
regions.
1. LATIN
AMERICA PREPREG MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE PREPREG INDUSTRY
2.2. KEY
INSIGHTS
2.2.1. EASE
OF HANDLING
2.2.2. ADVANCES
IN MANUFACTURING PROCESSES
2.2.3. RISING
NUMBER OF STRATEGIC DEVELOPMENTS BY MANUFACTURERS
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. INDUSTRY
COMPONENTS
2.7. KEY
MARKET STRATEGIES
2.7.1. ACQUISITIONS
2.7.2. PRODUCT
LAUNCHES
2.7.3. PARTNERSHIPS
2.7.4. BUSINESS
EXPANSIONS
2.8. MARKET
DRIVERS
2.8.1. DEMAND
FROM THE AEROSPACE INDUSTRY
2.8.2. AUTOMOTIVE
MANUFACTURERS AIMING AT REDUCING CARBON FOOTPRINTS
2.8.3. EVOLVING
WIND ENERGY MARKET
2.9. MARKET
CHALLENGES
2.9.1. LOW
SHELF LIFE COMPARED TO CONVENTIONAL RESIN FIBERS
2.9.2. HIGH
COSTS ASSOCIATED WITH PREPREGS
2.9.3. COMPLEXITIES
IN MAINTENANCE, REPAIR, AND OVERHAUL (MRO) REQUIREMENTS
2.10. MARKET
OPPORTUNITIES
2.10.1. GROWING
INTEREST TOWARD USING LIGHTWEIGHT MATERIALS IN SPORTING GOODS
2.10.2. INCREASED
DEMAND FOR CARBON FIBER PREPREGS
3. LATIN
AMERICA PREPREG MARKET OUTLOOK – BY RESIN TYPE
3.1. THERMOSET
3.2. THERMOPLASTIC
4. LATIN
AMERICA PREPREG MARKET OUTLOOK – BY MANUFACTURING PROCESS
4.1. HOT
MELT
4.2. SOLVENT
DIP
5. LATIN
AMERICA PREPREG MARKET OUTLOOK – BY REINFORCEMENT TYPE
5.1. CARBON
FIBER
5.2. GLASS
FIBER
5.3. ARAMID
FIBER
6. LATIN
AMERICA PREPREG MARKET OUTLOOK – BY APPLICATIONS
6.1. AEROSPACE
& DEFENCE
6.2. WIND
ENERGY
6.3. AUTOMOTIVE
6.4. SPORTING
GOODS
6.5. PCB
& OTHER APPLICATION
7. LATIN
AMERICA PREPREG MARKET – REGIONAL OUTLOOK
7.1. BRAZIL
7.2. MEXICO
7.3. REST
OF LATIN AMERICA
8. COMPETITIVE
LANDSCAPE
8.1. AXIOM
MATERIALS
8.2. CELANESE
8.3. CYTEC
SOLVAY GROUP
8.4. GURIT
HOLDING AG
8.5. HEXCEL
CORPORATION
8.6. MITSUBISHI
RAYON CO LTD
8.7. PARK
ELECTROCHEMICAL CORP
8.8. RENEGADE
MATERIALS CORPORATION
8.9. ROYAL
TEN CATE NV
8.10. SGL
GROUP
8.11. TEIJIN
LIMITED
8.12. TORAY
INDUSTRIES INC
8.13. UNICARBON
8.14. VENTEC
GROUP
8.15. ZYVEX
LABS
9. RESEARCH
METHODOLOGY & SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE 1: LATIN AMERICA PREPREG
MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LIST OF ACQUISITIONS
TABLE 4: LIST OF PRODUCT
LAUNCHES
TABLE 5: LIST OF PARTNERSHIPS
& AGREEMENTS
TABLE 6: LIST OF BUSINESS
EXPANSIONS
TABLE 7: LATIN AMERICA PREPREG
MARKET, BY RESIN TYPE, 2021-2028 (IN $ MILLION)
TABLE 8: LATIN AMERICA PREPREG
MARKET, BY MANUFACTURING PROCESS, 2021-2028 (IN $ MILLION)
TABLE 9: LATIN AMERICA PREPREG
MARKET, BY REINFORCEMENT TYPE, 2021-2028 (IN $ MILLION)
TABLE 10: LATIN AMERICA
PREPREG MARKET, BY APPLICATIONS-USERS, 2021-2028 (IN $ MILLION)
TABLE 11: LATIN AMERICA
PREPREG MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
FIGURE
1: MARKET ATTRACTIVENESS INDEX
FIGURE
2: WORLDWIDE AUTOMOTIVE (CARS & COMMERCIAL VEHICLES) PRODUCTION, 2015-2020
(IN MILLION)
FIGURE
3: LATIN AMERICA PREPREG MARKET, BY RESIN TYPE, 2020 & 2028 (IN %)
FIGURE
4: LATIN AMERICA PREPREG MARKET, BY THERMOSET, 2021-2028 (IN $ MILLION)
FIGURE
5: LATIN AMERICA PREPREG MARKET, BY THERMOPLASTIC, 2021-2028 (IN $ MILLION)
FIGURE
6: LATIN AMERICA PREPREG MARKET, BY MANUFACTURING PROCESS, 2020 & 2028 (IN
%)
FIGURE
7: LATIN AMERICA PREPREG MARKET, BY HOT MELT, 2021-2028 (IN $ MILLION)
FIGURE
8: SCHEMATIC OF HOT MELT PROCESS
FIGURE
9: LATIN AMERICA PREPREG MARKET, BY SOLVENT DIP, 2021-2028 (IN $ MILLION)
FIGURE
10: SCHEMATIC OF SOLVENT DIP PROCESS
FIGURE
11: LATIN AMERICA PREPREG MARKET, BY REINFORCEMENT TYPE, 2020 & 2028 (IN %)
FIGURE
12: LATIN AMERICA PREPREG MARKET, BY CARBON FIBER, 2021-2028 (IN $ MILLION)
FIGURE
13: LATIN AMERICA PREPREG MARKET, BY GLASS FIBER, 2021-2028 (IN $ MILLION)
FIGURE
14: LATIN AMERICA PREPREG MARKET, BY ARAMID FIBER, 2021-2028 (IN $ MILLION)
FIGURE
15: LATIN AMERICA PREPREG MARKET, BY APPLICATIONS, 2020 & 2028 (IN %)
FIGURE
16: LATIN AMERICA PREPREG MARKET, BY AEROSPACE & DEFENCE, 2021-2028 (IN $
MILLION)
FIGURE
17: LATIN AMERICA PREPREG MARKET, BY WIND ENERGY, 2021-2028 (IN $ MILLION)
FIGURE
18: LATIN AMERICA PREPREG MARKET, BY AUTOMOTIVE, 2021-2028 (IN $ MILLION)
FIGURE
19: LATIN AMERICA PREPREG MARKET, BY SPORTING GOODS, 2021-2028 (IN $ MILLION)
FIGURE
20: LATIN AMERICA PREPREG MARKET, BY PCB & OTHER APPLICATIONS, 2021-2028 (IN
$ MILLION)
FIGURE
21: LATIN AMERICA PREPREG MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE
22: BRAZIL PREPREG MARKET 2021-2028 (IN $ MILLION)
FIGURE
23: MEXICO PREPREG MARKET 2021-2028 (IN $ MILLION)
FIGURE
24: REST OF LATIN AMERICA PREPREG MARKET 2021-2028 (IN $ MILLION)