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Carbon Fiber Prepreg Market Trends

Report ID: GMI3661
Published Date: Aug 2023
Report Format: PDF

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Carbon Fiber Prepreg Market Trends

There is an increasing demand for lightweight materials across various industries, such as aerospace, automotive, and wind energy. Carbon fiber prepreg's exceptional strength-to-weight ratio makes it an attractive choice for lightweight applications. Sustainability has become a critical consideration for industries and consumers. Carbon fiber prepreg, as a lightweight and eco-friendly material, is gaining popularity in applications that prioritize sustainability and reduced environmental impact.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Carbon fiber tape industry recorded USD 1.7 billion in 2022 and is estimated to register USD 5.5 billion by 2032, due to increasing demand for carbon fiber tape in the aerospace and defense industries worldwide.

The epoxy segment was worth USD 0.8 billion in 2022 and is expected to witness rapid growth through 2032, due to rapid and widespread usage owing to the high strength, stiffness, and excellent adhesion of epoxy fiber tape.

U.S. carbon fiber tape market size recorded USD 1.7 billion in 2022 and will see significant growth through 2023 - 2032, owing to the robust application in aircraft, rotorcraft, UAVs, and military operations.

Some of the prominent carbon fiber tape companies are Toray Industries, Inc., Mitsubishi Chemical Corporation, SGL Carbon SE, Teijin Limited (Teijin Carbon), Hexcel Corporation, Solvay S.A., Cytec Industries, Zoltek Companies, Inc., A&P Technology, Inc, Toray Composite Materials America, Inc., CompoTech Plus s.r.o., and Sigmatex Group.