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(CityRegions.Com, September 28, 2018 )
The Global Thermoplastic Prepreg Market: Highlights
Thermoset prepregs have been enjoying a long and marvelous history of more than four decades in the aerospace & defense industry. Thermoplastic prepregs offer a series of advantages including faster part cycle time, recyclability, easy to fabricate, and excellent mechanical properties. Major aircraft OEMs such as Boeing, Airbus, and Gulfstream have efficaciously started utilizing the potential of thermoplastic composites from tail to wings to fuselage components in their latest aircraft. The penetration of thermoplastic composites is not likely to stop here and will rise in future with the advancement of material, technology, and processes. Major thermoplastic prepreg manufacturers are keenly working with tier players and OEMs in order to develop new applications using thermoplastic prepregs.
Thermoplastic prepregs currently account for less than 5% of the global prepreg market; however, it is likely to grow at a faster rate than the overall prepreg market in the coming five years, driven by aerospace & defense and automotive industries. The global thermoplastic prepreg market is projected to grow at an impressive rate over the next five years to reach an estimated value of US$ 193.1 million in 2023.
Increasing production rates of thermoplastic composite rich next-generation aircraft, such as B787 and A350XWB; rising demand for lightweight recyclable parts; reduced part cycle time coupled with lower-processing cost of thermoplastic composite parts as compared to thermoset composite parts; stringent regulations regarding fuel efficiency and carbon emissions in the aerospace and automotive industries are some of the key factors that are burgeoning the demand for thermoplastic prepregs globally.
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This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
Market structure: Overview, industry life cycle analysis, supply chain analysis
Market environment analysis: Growth drivers and constraints, Porterís five forces analysis, SWOT analysis
Market trend and forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, End-User portfolio, End-User launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends of the thermoplastic prepreg market
Strategic growth opportunities for the existing and new players
Key success factors
The global thermoplastic prepreg market is segmented into the following categories.
Thermoplastic Prepreg Market, by End-Use Industry Type
Thermoplastic Prepreg Market, by Resin Type
Thermoplastic Prepreg Market, by Fiber Type
Thermoplastic Prepreg Market, by Product Form Type
Thermoplastic Prepreg Market, by Process Type
Thermoplastic Prepreg Market, by Region
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