Global Fast Cure Prepreg Market, By Fiber Type (Carbon, Glass, and Aramid), By material Form (Unidirectional Prepreg and Fabric Prepreg), Resin Type (Thermoset and Thermoplastic), Manufacturing Process (Hot-Melt and Solvent DIP), End-Use Industry (Automotive, Aerospace & Defense, Sporting Goods, Wind Power Energy, Marine, Electronics, and Others), Region - Forecast till 2022
Prepreg is a composite materials, where a reinforcement fiber is pre-impregnated with a thermoplastic or thermoset resin matrix with a definite proportion. Prepreg have superior properties and are gaining popularity in the composite market due to their ease of use, consistent properties, and high-quality surface finish in different end-use applications. Fast cure prepreg has the property to cure within a short interval of time at a definite temperature & pressure and also lowers curing cycle by improving the production rates and maintaining quality of the products.
Fast cure prepreg are generally used in high end applications for making various products and components for automotive, aerospace, sporting goods, marine, wind power energy, and other end-use industries. Fast cure prepreg is used in making aircraft interiors, aerospace components, flooring, cargo desks, automotive panels, body components, sporting goods, flame retardant laminates, and many among others. Fast curing prepreg has the advantage of superior strength and physical properties, uniformity and distribution, ready to mold characteristics, and low wastage during applications. Due to the above mentioned properties, fast cure prepreg is widely used across various commercial and industrial applications.
In the future, demand for fast cure prepreg is anticipated to increase by the growth of automotive industry, followed by the growing aerospace & defense end-use industry across the globe. Growing renewable sourced energy across the globe also create a positive market outlook for the wind power energy industry across the globe. The increasing installation of wind turbine across the globe further anticipated to drive the fast cure prepreg market in coming years. High product cost of fast cure prepreg material followed by maintenance complexities of the product & component are the market restraints for the fast cure market.
The report covers the fast cure prepreg market by end-use industries are automotive, aerospace & defense, sporting goods, wind power energy, marine, electronics, and others. The market is projected to grow at a CAGR of XX.X% during 2017-2012.
The fast cure prepreg market is expected to grow in North America and Asia-Pacific due to presence of largest market for FGD and FRP. At the same time automotive, aerospace & defense, sporting goods market, wind power energy are growing with a healthy growth rate in developing economies. This market research study provides a detailed qualitative and quantitative analysis of the global fast cure prepreg market. Various secondary sources, such as encyclopedia, directories, industry journals, and databases are used to identify and collect information useful for this extensive commercial study of the fast cure prepreg market. The primary sources include experts from related industries and suppliers who have been interviewed to obtain and verify critical information as well as to assess the future prospects of the market.
Competitive scenarios of the top players in the fast cure prepreg market have been discussed in detail. Leading players of this industry with their recent developments and other strategic industry activities are also covered in the report. Companies, such as Hexcel Corporation, Solvay, Gurit, Fiba Tech Industries Ltd., PRF Composites, Toray Industries Inc., SGL Group, TenCate Advanced Composites and other are operating in this market.
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