Global Glass Prepreg Market

The global market of glass prepreg was at about USD XX million in 2016 which is projected to reach USD XX million by 2022 with a CAGR of XX% during the forecasted period.The glass prepreg is nothing but a sheet of glass fibre which is woven along with the resins. It resembles a cloth, woven with glass fibres and is then rolled into sheets. They are generally used in making the components lighter and also used wherever there is requirement for high tensile strength. Glass prepregs has a variety of potential along with a large number of existing applications such as to be used inaviation, automotive, sports goods, leisure equipment, electrical and electronics, Insulation, Piping, shipping and other industries. The Automobile industry accounts for highest amount of percentage share for this market and along with Aviation industry it forms the major segment in terms of revenue.

Market Dynamics

The major driver for the market of glass prepreg is the huge investment in the manufacturing sector along with it being commercially cheap. The high demand from the automotive sector is also a driver along with its growing use as asbestos substitute in tough applications.

The restraint for this market is that it has low awareness about its usage in the emerging economies. Fear of Carcinogenic Effect is another restraint faced by this market along with the maintenance constraints faced by its products.

Wide application in the consumer goods is the major opportunity for this market.The implementation of Stricter Emission Regulations is also an opportunity for this market.

Market Segmentation

The market for Global Glass Prepreg is primarily divided by three categories which are as follows

By Resin Type

--> Thermosetting

a. Epoxy

b. Polyester

c. Vinyl Ester

--> Thermoplastic

a. Polyamide

b. Polypropylene

c. PBT

d. Polycarbonate

By End-User Industry

--> Aviation

--> Automotive

--> Electrical and electronics

--> Energy

--> Insulation

--> Leisure Equipments

--> Piping

--> Shipping

--> Sports goods

--> Others

By Production Process

--> Autoclave

--> Press

--> Oven

Geographic Analysis

Currently the market for glass fibres has highest consumption in the Europe region. North America region follows at the second position and the Asia Pacific region is at third position. At the end of forecasted period of 2022 there will be no change in the position of the highest consumer but there is a high chance that the Asia Pacific region will overtake North America as the second highest consumer.

Key Players

There are a large number of companies that are involved in this market. Some of them are mentioned below

ACP Composites, Axiom Materials, Composite Resources, Cytec Industries, Inc., Lingol Corporation, NACCO Aerospace, Newport, SGL Groupâ ”The Carbon Company, Sunrez, Teijin Limited, Zyvex Technologies

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage