CARBON PREPREG MARKET ANALYSIS

Market Challenges And Opportunities

Global Carbon Prepreg Market Drivers:

Growing preferences for green energy sources is fostering market growth

Wind energy is one of the largest applications for carbon prepregs, mainly due to increasing environmental concerns and regulations. The use of carbon fiber composites is growing in the wind energy industry. These materials have excellent thermal and mechanical properties, and they are light weight as compared to other types of materials. In addition to this, they offer superior corrosion resistance and lower maintenance cost than traditional metals.

Increasing demand for CFRP components to augment market growth

Carbon prepreg is a material that is used in the manufacturing of fiber reinforced polymer (FRP) components. Prepregs are fiber reinforcements that have been pre-impregnated with a resin system, usually under pressure or temperature. They are available with a range of different weave patterns, fiber types and hardening agents. Typical uses of carbon prepreg include optical applications, structural parts and flame-retardant composite components. The use of this material is growing due to its superior strength, toughness and flexibility properties that help reduce weight and increase performance.

Global Carbon Prepreg Market Opportunities:

Increasing use of carbon prepreg in electronic sector is expected to provide significant growth opportunities. Carbon prepregs is gaining acceptance in electronic application as they are a great way for fabricators to get the most out of their materials. This is because the prepregs can be fabricated with an optimized fiber to resin ratio for peerless mechanical performance. For example, the tensile strength of a carbon fiber prepreg can be up to 50% higher than a comparable laminated part made with a standard polyester resin. This gives the carbon fiber prepreg a high resistance to bending, stretching and other common manufacturing stresses.

Prepregs can also help manufacturers achieve high levels of process and part quality control for complex components that require the highest levels of precision in manufacturing process. These advantages are particularly important for aerospace & defence, automotive and wind industry applications. Such advantages associated with the Carbon prepregs is expected to hold potential market opportunities.

Global Carbon Prepreg Market Restraints:

High processing and manufacturing cost to hamper market growth

The market of carbon prepreg is witnessing negative growth slope due to high manufacturing and processing cost associated with it. Also, challenges associated with the recyclability is expected to hamper the market growth.

Decline in demand from luxury car segment to restrict market growth     

There is a decline in demand for carbon prepreg from luxury car segment which is expected to restrict the market growth. However, increasing focus of key players for developing low-cost technology will favor the market growth in the near future.