CARBON PREPREG MARKET ANALYSIS

Carbon Prepreg MarketSize and Trends

The global carbon prepreg market size was valued at US$ 7,732.3 million in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 9.21% from 2023 to 2030. Carbon prepreg market is expected to witness significant growth over the forecast period owing to the increasing demand for lightweight and high strength material across end use industries. Besides, this lightweight material provides superior performance and excellent resistance to various environmental factors such as heat, water, and corrosion. This composite can be used to replace metals in manufacturing processes. The major driving factors for the market are escalating call for fuel-efficient vehicles and the high utilization of composite materials in aerospace, defense, wind energy, automotive, civil engineering, and sporting goods industries.

Global Carbon Prepreg Market Trends:

Increasing scope of carbon prepreg in wood working sector

Carbon prepreg are used as a resin and a curing agent to produce a composite laminated material with high strength. It offers improved carbon fiber prepregs that have excellent adhesion to wood and are flexible and have a longer usable time, so that they can be used for a wide range of applications.

Growing popularity in sports industry

The polymer used for the composites is often a glass, carbon, or aramid based material. Depending on the end use, these materials can be infused, layered, or coated with epoxy resin, phenolic resin, polyurethane, polypropylene, vinyl ester, silicone, or PTFE. These material can be used to manufacture sports goods, such as bicycles, tennis rackets, golf shafts, and fishing rods.