NORTH AMERICA PREPREG MARKET 2021-2028

Chemicals & Materials | Specialty Chemicals

NORTH AMERICA PREPREG MARKET 2021-2028

Market by Resin Type, Manufacturing Process, Reinforcement Type, Applications, and Country | Forecast 2021-2028

Request For Customization

Request Custom Report

Request Custom Report

Enquire before buying

Enquire Before Buying

The prepreg market in North America is expected to grow with a CAGR of 8.67% by revenue during the estimated duration from 2021 to 2028.


Report scope can be customized per your requirements. Request For Customization

The countries covered in this market include:

•      The United States

•      Canada

The United States is one of the world’s largest and most technologically advanced economies. Its leading position enabled the country to become one of the prime hubs for carbon prepreg manufacturing. Some of the major prepreg manufacturers, such as Axiom Materials, ACP Composites, Hexcel, and others, are present in the country. Besides, SGL Carbon, which manufactures carbon fiber and composites, also has manufacturing sites in the country. It specializes in manufacturing carbon fiber and composites for the automotive sector.

The automotive industry in the US contributes around 3% to the national GDP. Moreover, the United States is the world’s second-largest automotive vehicles producer. It also has the biggest aerospace industry in the world. As per data from the Federal Aviation Administration (FAA), the total active general aviation fleet here is expected to reach 212,885 aircraft by 2039, owing to the increase in air cargo. This is likely to increase the adoption of prepregs, which will propel the growth of the studied in the coming period.

Also, in terms of size, the electronics industry is the largest in the US. The enhanced usage of advanced technology, increase in the number of R&D centers, and a surge in consumer demand influence the adoption of prepregs. Also, the US’ wind industry installed 5,476 MW of new wind power capacity in the last quarter of 2019. The increase in wind power capacity installations in the country is also influencing prepreg adoption. These factors are expected to contribute to the prepreg market growth in the forthcoming years.

Axiom Materials Inc is a US-based composite manufacturing company. It was established in 2009, and is headquartered in Santa Ana, California. Its product portfolio includes prepregs, primers, film adhesives, adhesives, pastes, and ancillary products. The company produces a broad range of prepregs, such as woven aramid prepregs, woven fiberglass prepregs, woven carbon prepregs, ceramic prepregs, and unidirectional prepregs. Prepregs produced by Axiom are majorly applied in aircraft engine components & interiors, structural composites, honeycomb panels, foam panels, etc.

Related Reports

ASIA PACIFIC BIODEGRADABLE PLASTICS MARKET 2019-2027
Chemicals & Materials

ASIA PACIFIC BIODEGRADABLE PLASTICS MARKET 2019-2027

Market Segmented By Type, Appl ..

VIEW REPORT
ASIA-PACIFIC  POLYLACTIC ACID MARKET 2019-2028
Chemicals & Materials

ASIA-PACIFIC POLYLACTIC ACID MARKET 2019-2028

Market By Raw Material, End-us ..

VIEW REPORT
ASIA-PACIFIC ACTIVATED CARBON MARKET 2019-2028
Chemicals & Materials

ASIA-PACIFIC ACTIVATED CARBON MARKET 2019-2028

Market by Type, Raw Material, ..

VIEW REPORT
ASIA-PACIFIC ADHESIVES MARKET 2021-2028
Chemicals & Materials

ASIA-PACIFIC ADHESIVES MARKET 2021-2028

Market by Technology, Type, En ..

VIEW REPORT
ASIA-PACIFIC ADVANCED GLASS MARKET 2019-2028
Chemicals & Materials

ASIA-PACIFIC ADVANCED GLASS MARKET 2019-2028

Market by Function, Product Ty ..

VIEW REPORT
ASIA-PACIFIC AESTHETIC FILLER MARKET 2019-2028
Chemicals & Materials

ASIA-PACIFIC AESTHETIC FILLER MARKET 2019-2028

Market by Product Type, Applic ..

VIEW REPORT
ASIA-PACIFIC ALUMINUM MARKET 2023-2030
Chemicals & Materials

ASIA-PACIFIC ALUMINUM MARKET 2023-2030

Market by Product, Industry Ve ..

VIEW REPORT
ASIA-PACIFIC ASEPTIC PACKAGING MARKET 2021-2028
Chemicals & Materials

ASIA-PACIFIC ASEPTIC PACKAGING MARKET 2021-2028

Market by Type, Material, Indu ..

VIEW REPORT

Table of Content

1. NORTH 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. NORTH AMERICA PREPREG MARKET OUTLOOK – BY RESIN TYPE

3.1. THERMOSET

3.2. THERMOPLASTIC

4. NORTH AMERICA PREPREG MARKET OUTLOOK – BY MANUFACTURING PROCESS

4.1. HOT MELT

4.2. SOLVENT DIP

5. NORTH AMERICA PREPREG MARKET OUTLOOK – BY REINFORCEMENT TYPE

5.1. CARBON FIBER

5.2. GLASS FIBER

5.3. ARAMID FIBER

6. NORTH 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. NORTH AMERICA PREPREG MARKET – REGIONAL OUTLOOK

7.1. UNITED STATES

7.2. CANADA

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

List of Tables

TABLE 1: NORTH 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: NORTH AMERICA PREPREG MARKET, BY RESIN TYPE, 2021-2028 (IN $ MILLION)           

TABLE 8: NORTH AMERICA PREPREG MARKET, BY MANUFACTURING PROCESS, 2021-2028 (IN $ MILLION)        

TABLE 9: NORTH AMERICA PREPREG MARKET, BY REINFORCEMENT TYPE, 2021-2028 (IN $ MILLION)      

TABLE 10: NORTH AMERICA PREPREG MARKET, BY APPLICATIONS-USERS, 2021-2028 (IN $ MILLION)           

TABLE 11: NORTH AMERICA PREPREG MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)            

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX       

FIGURE 2: WORLDWIDE AUTOMOTIVE (CARS & COMMERCIAL VEHICLES) PRODUCTION, 2015-2020 (IN MILLION)

FIGURE 3: NORTH AMERICA PREPREG MARKET, BY RESIN TYPE, 2020 & 2028 (IN %)     

FIGURE 4: NORTH AMERICA PREPREG MARKET, BY THERMOSET, 2021-2028 (IN $ MILLION)           

FIGURE 5: NORTH AMERICA PREPREG MARKET, BY THERMOPLASTIC, 2021-2028 (IN $ MILLION)      

FIGURE 6: NORTH AMERICA PREPREG MARKET, BY MANUFACTURING PROCESS, 2020 & 2028 (IN %)

FIGURE 7: NORTH AMERICA PREPREG MARKET, BY HOT MELT, 2021-2028 (IN $ MILLION)           

FIGURE 8: SCHEMATIC OF HOT MELT PROCESS  

FIGURE 9: NORTH AMERICA PREPREG MARKET, BY SOLVENT DIP, 2021-2028 (IN $ MILLION)      

FIGURE 10: SCHEMATIC OF SOLVENT DIP PROCESS     

FIGURE 11: NORTH AMERICA PREPREG MARKET, BY REINFORCEMENT TYPE, 2020 & 2028 (IN %)

FIGURE 12: NORTH AMERICA PREPREG MARKET, BY CARBON FIBER, 2021-2028 (IN $ MILLION)      

FIGURE 13: NORTH AMERICA PREPREG MARKET, BY GLASS FIBER, 2021-2028 (IN $ MILLION)      

FIGURE 14: NORTH AMERICA PREPREG MARKET, BY ARAMID FIBER, 2021-2028 (IN $ MILLION)      

FIGURE 15: NORTH AMERICA PREPREG MARKET, BY APPLICATIONS, 2020 & 2028 (IN %)           

FIGURE 16: NORTH AMERICA PREPREG MARKET, BY AEROSPACE & DEFENCE, 2021-2028 (IN $ MILLION)        

FIGURE 17: NORTH AMERICA PREPREG MARKET, BY WIND ENERGY, 2021-2028 (IN $ MILLION)      

FIGURE 18: NORTH AMERICA PREPREG MARKET, BY AUTOMOTIVE, 2021-2028 (IN $ MILLION)      

FIGURE 19: NORTH AMERICA PREPREG MARKET, BY SPORTING GOODS, 2021-2028 (IN $ MILLION)      

FIGURE 20: NORTH AMERICA PREPREG MARKET, BY PCB & OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)          

FIGURE 21: NORTH AMERICA PREPREG MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)           

FIGURE 22: UNITED STATES PREPREG MARKET 2021-2028 (IN $ MILLION)  

FIGURE 23: CANADA PREPREG MARKET 2021-2028 (IN $ MILLION)      

Purchase Options

  • Licence Type
  • Price
  • User/Sharing
  • Printing
  • Delivery Formats
  • Free customization (Pre-sale)
  • Analyst hour support (Post Sale)
  • Customized notification for newly published report
  • Free report on update (within 180 days)

Single User PDF

$1,500.00

  • User/Sharing
  • Restricted to one authorized user
  • Printing
  • Not printable
  • Delivery Formats
  • Pdf
  • Free customization (Pre-sale)
  • 10% Free customization
  • Analyst hour support (Post Sale)
  • 3 hours
  • Customized notification (newly published)
  • Free report on update (within 180 days)

Enterprise Online/PDF

$2,200.00

  • User/Sharing
  • Unlimited
  • Printing
  • Unlimited
  • Delivery Formats
  • Pdf and market estimation excel
  • Free customization (Pre-sale)
  • 20% Free customization
  • Analyst hour support (Post Sale)
  • 8 hour
  • Customized notification (newly published)
  • Free report on update (within 180 days)

Request free Sample

Request Custom Report

Request Custom Report

Enquire before buying

Enquire Before Buying