Global Carbon Fiber Prepreg
Market Report
2025
The Global Carbon Fiber Prepreg market size is USD 9.9 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 15.00% from 2023 to 2030.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global Carbon Fiber Prepreg market size is USD 9.9 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 15.00% from 2023 to 2030.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Carbon Fiber Prepreg Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 15% |
North America Carbon Fiber Prepreg Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 14% |
Europe Carbon Fiber Prepreg Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 14.2% |
Asia Pacific Carbon Fiber Prepreg Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 16.5% |
South America Carbon Fiber Prepreg Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 14.8% |
Middle East and Africa Carbon Fiber Prepreg Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 15.1% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Carbon Fiber Prepreg industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Carbon Fiber Prepreg Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Carbon fiber prepreg refers to a carbon fiber that has been pre-impregnated with catalyzed resins. It is manufactured using the rmoset resins, such as epoxy, polyimide, phenols and thermoplastics, through hot melt and solvent dip techniques. Growth fuelled by the increasing demand for fuel efficient cars, along with the flourishing investment in the renewable energy sector is considerably contributing to the development of the carbon fiber prepreg market.
Toray Composite Materials America, Inc., a division of Toray Industries, Inc., announced in May 2022 that it had partnered with Bell Textron Inc. to help create a new design allowable dataset for Toray's 3960 prepreg material system.
A key driver in the Carbon Fiber Prepreg market is the increasing demand within the aerospace sector. Carbon fiber prepreg materials are preferred in aerospace applications due to their lightweight nature, high strength, and superior performance characteristics. As the aerospace industry continues to emphasize fuel efficiency, carbon fiber prepregs play a vital role in reducing the overall weight of aircraft, contributing to enhanced fuel economy and performance. The rising production of commercial and military aircraft fuels the demand for carbon fiber prepregs, positioning them as a critical component in the aerospace supply chain.
Hexcel Corporation was given a long-term contract by Lockheed Martin subsidiary Sikorsky in June 2022 to provide cutting-edge composite structures for the CH-53K King Stallion heavy lift helicopter program. The agreement increases the aircraft's Hexcel composite content substantially.
Another pivotal driver is the expanding role of carbon fiber prepregs in the wind energy sector. With the global push towards renewable energy sources, wind turbine blades are increasingly manufactured using lightweight and durable materials like carbon fiber. Carbon fiber prepregs offer excellent strength-to-weight ratios, contributing to the structural integrity and efficiency of wind turbine blades. Countensouly growing wind energy sector, rise the demand for carbon fiber prepregs is on the rise, making them a key driver in the market, particularly in the manufacturing of components for the renewable energy infrastructure.
LTM 350 is a next-generation carbon fiber epoxy prepreg tooling material that Solvay introduced in September 2022. It is intended to save a lot of time and money for the automotive, racing car, aerospace, and industrial markets.
A significant restraint in the Carbon Fiber Prepreg market is the challenge of high production costs. The manufacturing process of carbon fiber prepregs involves intricate steps, including the impregnation of carbon fibers with resin, precise curing, and quality control measures. These processes demand advanced technologies and stringent quality standards, contributing to elevated production expenses. The high costs associated with the production of carbon fiber prepregs hinder widespread adoption, making them less cost-competitive compared to alternative materials. This poses a challenge for manufacturers to provide cost-effective solutions, particularly in industries where cost considerations play a crucial role in material selection.
The market for carbon fiber prepreg was significantly impacted by the COVID-19 pandemic, which brought difficulties and changes to demand dynamics and the supply chain. The manufacture of carbon fiber prepreg materials was impacted by operational setbacks in manufacturing facilities caused by the widespread lockdowns, travel restrictions, and worker limits. Prepreg materials were in lower demand as a result of the downturn in the carbon fiber composites-consuming industries of aerospace, automotive, and construction.
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In the fiercely competitive Carbon Fiber Prepreg market, key players engage in dynamic strategies to maintain and enhance their market positions. Leading manufacturers, such as Hexcel Corporation, Toray Industries, Inc., and Teijin Limited, dominate the landscape through continuous innovation, strategic partnerships, and a strong focus on research and development.
Top Companies Market Share in Carbon Fiber Prepreg Industry: (In no particular order of Rank)
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According to Cognitive Market Research, the global Carbon Fiber Prepreg market size was estimated at USD 9.9 Billion, with North America emerging as the largest growing region, contributing to over 30% of the total global revenue. In 2023, the market size in North America reached USD 2.97 billion, showcasing remarkable growth. Projections indicate a sustained and impressive expansion, with a CAGR of 14.0% from 2023 to 2030. The Regional analysis emphasizes North America's pivotal role, underscoring its influence on the global Carbon Fiber Prepreg market. Segmentation analysis provides insights into specific applications and industry verticals within the region, revealing key trends and opportunities shaping the market landscape. In conclusion, North America stands as a powerhouse in the Carbon Fiber Prepreg market, driving innovation and growth through technological advancements and a strong industrial base. With a robust growth trajectory, the region is poised to maintain its leadership, shaping the global landscape of the Carbon Fiber Prepreg market in the coming years.
According to Cognitive Market Research, the global Carbon Fiber Prepreg market size was estimated at USD 9.9 Billion, with the Asia Pacific region emerging as the fastest-growing area, contributing to more than 23% of the total global revenue. In 2023, the market size in Asia Pacific reached USD 2.28 billion. With a CAGR of 16.5% from 2023 to 2030.The Regional analysis underscores Asia Pacific's pivotal role, highlighting its influence on the global Carbon Fiber Prepreg market. Segmentation analysis delves into specific applications, industries, and verticals within the region, revealing unique trends and opportunities that drive the exceptional growth rate. In conclusion, Asia Pacific stands out as the epicenter of rapid growth in the Carbon Fiber Prepreg market, spearheading innovation and efficiency in material applications. The region's proactive approach positions it as a key influencer, steering the global Carbon Fiber Prepreg market toward unprecedented growth and technological advancements in the foreseeable future.
The current report Scope analyzes Carbon Fiber Prepreg Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Carbon Fiber Prepreg market size was estimated at USD 9.9 Billion, with North America emerging as the largest growing region, contributing to over 30% of the total global revenue. In 2023, the market size in North America reached USD 2.97 billion, showcasing remarkable growth. Projections indicate a sustained and impressive expansion, with a CAGR of 14.0% from 2023 to 2030. The Regional analysis emphasizes North America's pivotal role, underscoring its influence on the global Carbon Fiber Prepreg market. Segmentation analysis provides insights into specific applications and industry verticals within the region, revealing key trends and opportunities shaping the market landscape. In conclusion, North America stands as a powerhouse in the Carbon Fiber Prepreg market, driving innovation and growth through technological advancements and a strong industrial base. With a robust growth trajectory, the region is poised to maintain its leadership, shaping the global landscape of the Carbon Fiber Prepreg market in the coming years.
According to Cognitive Market Research, the global Carbon Fiber Prepreg market size was estimated at USD 9.9 Billion, with the Europe region emerging as a dominant force, contributing to more than 38% of the total global revenue. In 2023, the market size in Europe reached USD 3.76 billion. Forecasts project a continued upward trajectory, with a CAGR of 14.2% from 2023 to 2030.The Regional analysis underscores Europe's pivotal role, elucidating its impact on the global Carbon Fiber Prepreg market. Segmentation analysis provides insights into specific applications and industry verticals within the region, revealing key trends and opportunities that drive the market's growth. In conclusion, Europe stands as a powerhouse in the Carbon Fiber Prepreg market, leveraging its technological prowess and commitment to sustainability. With a robust growth trajectory, Europe is set to maintain its leadership, influencing the global landscape of the Carbon Fiber Prepreg market by fostering innovation and efficiency in material applications over the coming years.
According to Cognitive Market Research, the global Carbon Fiber Prepreg market size was estimated at USD 9.9 Billion, with the Asia Pacific region emerging as the fastest-growing area, contributing to more than 23% of the total global revenue. In 2023, the market size in Asia Pacific reached USD 2.28 billion. With a projected compound annual growth rate (CAGR) of 16.5% from 2023 to 2030.The Regional analysis underscores Asia Pacific's pivotal role, highlighting its influence on the global Carbon Fiber Prepreg market. Segmentation analysis delves into specific applications, industries, and verticals within the region, revealing unique trends and opportunities that drive the exceptional growth rate. In conclusion, Asia Pacific stands out as the epicenter of rapid growth in the Carbon Fiber Prepreg market, spearheading innovation and efficiency in material applications. The region's proactive approach positions it as a key influencer, steering the global Carbon Fiber Prepreg market toward unprecedented growth and technological advancements in the foreseeable future.
According to Cognitive Market Research, the global Carbon Fiber Prepreg market size was estimated at USD 9.9 Billion, with the Latin America region emerging as a noteworthy contributor, accounting for more than 5% of the total global revenue. In 2023, the market size in Latin America reached USD 0.50 billion. Projections suggest a robust growth trajectory, with a forecasted compound annual growth rate (CAGR) of 14.8% from 2023 to 2030.The Regional analysis emphasizes Latin America's position, shedding light on its impact on the global Carbon Fiber Prepreg market. Segmentation analysis delves into specific applications and industry verticals within the region, revealing unique trends and opportunities driving growth. In conclusion, while Latin America currently contributes a modest percentage to the global Carbon Fiber Prepreg market, its growing commitment to sustainability and technological innovation positions the region as an emerging player.
According to Cognitive Market Research, the global Carbon Fiber Prepreg market size was estimated at USD 9.9 Billion, with the Middle East and Africa region emerging as a significant contributor, accounting for more than 4.00% of the total global revenue. In 2023, the market size in the Middle East and Africa reached USD 0.40 billion, with a forecasted compound annual growth rate (CAGR) of 15.1% from 2023 to 2030.The Regional analysis underscores the significance of the Middle East and Africa, elucidating its impact on the global Carbon Fiber Prepreg market. Segmentation analysis provides insights into specific applications and industry verticals within the region, revealing key trends and opportunities driving growth. In conclusion, while the Middle East and Africa currently contribute a modest percentage to the global Carbon Fiber Prepreg market, their growing commitment to sustainable development and technological innovation positions the region as an emerging player.
Global Carbon Fiber Prepreg Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Carbon Fiber Prepreg Industry growth. Carbon Fiber Prepreg market has been segmented with the help of its Type, Application , and others. Carbon Fiber Prepreg market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, the dominant category is epoxy resin-based prepregs. Epoxy resin has emerged as the preferred matrix material for carbon fiber prepregs due to its exceptional adhesive properties, high strength, and versatility. Epoxy resin-based prepregs find extensive use in aerospace, automotive, and wind energy applications, contributing to their dominant position. The ability of epoxy resin to provide superior bonding, excellent mechanical properties, and resistance to heat makes it a cornerstone in the manufacturing of high-performance composite structures. As industries demand lightweight and durable materials, epoxy resin-based carbon fiber prepregs stand out as the dominant choice, meeting the stringent requirements of diverse end-use sectors.
The fastest-growing category in the Carbon Fiber Prepreg market is vinyl ester-based prepregs. Vinyl ester resins offer a compelling combination of corrosion resistance, toughness, and flame retardance, making them increasingly sought after in applications requiring enhanced durability and performance. As industries such as construction, marine, and chemical processing emphasize the importance of materials that can withstand harsh environments, vinyl ester-based carbon fiber prepregs witness rapid growth. The versatility of vinyl ester resins, coupled with their ability to enhance composite properties, positions them as the fastest-growing category in the market, reflecting the evolving demands for advanced materials in various sectors.
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According to Cognitive Market Research, the dominant category is Aerospace and defense applications. The aerospace and defense sector represents a major consumer of carbon fiber prepregs, driven by the need for lightweight, high-strength materials to enhance aircraft performance and structural integrity. Carbon fiber prepregs play an important role in the manufacturing of aircraft components, contributing to reduced weight, increased fuel efficiency, and improved overall durability. The stringent safety and performance standards in the aerospace industry position it as the dominant application, emphasizing the pivotal role of carbon fiber prepregs in advancing technological innovations and meeting the demanding requirements of this sector.
The Wind Energy sector is the one with the quickest rate of growth in the Carbon Fiber Prepreg market. The demand for wind turbines has increased with the global shift towards renewable energy sources. Prepregs made of carbon fiber are widely used in the manufacture of robust and lightweight wind turbine blades. Carbon fiber prepregs for wind energy applications are in high demand as the sector grows due to environmental concerns and the need for sustainable energy alternatives.
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Carbon Fiber Prepreg Market is witnessing significant growth in the near future.
In 2023, the Epoxy Resin segment accounted for noticeable share of global Carbon Fiber Prepreg Market and is projected to experience significant growth in the near future.
The Aerospace & Defense segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Hexcel Corporation , Toray Industries Inc. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Epoxy Resin, Vinyl Ester-based |
Application | Aerospace & Defense, Automotive, Sporting Goods, Wind Energy, Others |
List of Competitors | Hexcel Corporation, Cytec Solvay Group (now part of Solvay S.A., Toray Industries Inc., Mitsubishi Chemical Carbon Fiber and Composites Inc., Teijin Limited, Gurit Holding AG, SGL Carbon SE, Axiom Materials Inc., Park Aerospace Corp., Victrex plc, Royal TenCate (now part of Toray Industries Inc.), Henkel AG & Co. KGaA, AOC Aliancys AG, Barrday Corporation, Mitsubishi Rayon Co. Ltd. |
This chapter will help you gain GLOBAL Market Analysis of Carbon Fiber Prepreg. Further deep in this chapter, you will be able to review Global Carbon Fiber Prepreg Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Carbon Fiber Prepreg. Further deep in this chapter, you will be able to review North America Carbon Fiber Prepreg Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Carbon Fiber Prepreg. Further deep in this chapter, you will be able to review Europe Carbon Fiber Prepreg Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Carbon Fiber Prepreg. Further deep in this chapter, you will be able to review Asia Pacific Carbon Fiber Prepreg Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Carbon Fiber Prepreg. Further deep in this chapter, you will be able to review South America Carbon Fiber Prepreg Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Carbon Fiber Prepreg. Further deep in this chapter, you will be able to review Middle East and Africa Carbon Fiber Prepreg Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Carbon Fiber Prepreg. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Carbon Fiber Prepreg market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Epoxy Resin have a significant impact on Carbon Fiber Prepreg market? |
What are the key factors affecting the Epoxy Resin and Vinyl Ester-based of Carbon Fiber Prepreg Market? |
What is the CAGR/Growth Rate of Aerospace & Defense during the forecast period? |
By type, which segment accounted for largest share of the global Carbon Fiber Prepreg Market? |
Which region is expected to dominate the global Carbon Fiber Prepreg Market within the forecast period? |
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