Carbon Fiber Prepreg Market

Global Carbon Fiber Prepreg Market
The global carbon fiber prepreg market is expected to witness a growth during the
forecast period (2017-2023) owing to the increasing demand for lightweight and high
performance materials in the wind energy, aerospace and defense, automotive and
sporting goods applications. Based on resin type, epoxy resin is expected to be
largest growing segment in the global carbon fiber prepreg market during the forecast
period.
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The major drivers fueling the growth of the carbon fiber prepreg market are
increasing demand for fuel efficient vehicles and growing use of carbon fiber prepreg
in the aerospace and defense and wind industries. Carbon fiber prepreg find
applications in wind turbine blades, primary and secondary structures in aerospace
and automotive applications, bicycle frames, tennis rackets, golf shafts and others.
The major challenges faced by the global market for carbon fiber prepreg are
the high processing and manufacturing costs and issues related to the recyclability.
The hot melt manufacturing process segment is expected to grow significantly in
terms of value and volume owing to the ability of hot melt manufacturing process to
produce both, fabric and unidirectional carbon fiber prepregs.
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