According to Cognitive Market Research, The Global Carbon Fiber Tow Prepreg market size is USD XX billion in 2023 and will expand at a compound annual growth rate (CAGR) of 13.00% from 2023 to 2030.
The demand for Carbon Fiber Tow Prepregs is rising due totheby the increasing demand for making electric vehicles and reducing the weight of existing vehicles with the help of lightweight materials is majorly driving the demand for tow prepregs across the globe.
Demand for Epoxyremains higher in the Carbon Fiber Tow Prepreg market.
TheAerospace and Defense category held the highest Carbon Fiber Tow Prepreg market revenue share in 2023.
North American Carbon Fiber Tow Prepreg will continue to lead, whereas the Asia-Pacific Carbon Fiber Tow Prepreg market will experience the most substantial growth until 2030.
