Tow Prepreg Market Forecasts to 2028 | Drivers and Opportunities | Key player Analysis Arisawa Manufacturing Co., Ltd., ENEOS Corporation

According to Stratistics MRC, the Global Tow Prepreg Market is accounted for $335.50 million in 2020 and is expected to reach $830.69 million by 2028 growing at a CAGR of 12.0% during the forecast period. Increasing use of tow prepreg in the oil & gas industry and penetration of tow prepregs in new applications are the major factors propelling the market growth. However, high processing and manufacturing cost is hampering the market growth.

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By geography, North America holds the largest share in the market. The region is predicted to cater to almost one-third of the world’s operational fleet demand, leading to increased production of airframe and aircraft parts over the amount. Ascending demand for new-generation aircraft is predicted to spice up the expansion of the aircraft manufacturing industry, thereby supporting the regional market over the forecast period.

Some of the key players profiled in the Tow Prepreg Market include Arisawa Manufacturing Co., Ltd., ENEOS Corporation, Fibrtec Inc, Hexcel Corporation, Mitsubishi Chemical Corporation, North Thin Ply Technology, Porches Industries Designs, Red Composites Limited, SGL Carbon SE, TCR Composites, Teijin Limited, Toray Industries, Inc, Vitech Composites and Zoltek.

Fiber Types Covered:
• Carbon Fiber
• Glass Fiber
• Other Fiber Types

Resin Types Covered:
• Epoxy Resin
• Phenolic Resin
• Other Resin Types

Applications Covered:
• Oxygen Cylinders
• Pressure Vessel
• Scuba Tanks
• Other Applications

End Users Covered:
• Aerospace & Defense
• Automotive & Transportation
• Oil & Gas
• Sports & Recreational
• Infrastructure
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

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