Tow Prepreg Market Size, Share, Trend, Forecast, & Industry Analysis – 2021-2026

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Presents a Research Report on
Tow Prepreg Market
The Tow Prepreg Market is Segmented by Resin Type
(Epoxy Resin, Phenolic Resin, and Others), by
Fiber Type (Carbon fiber, Glass, and Others), by
Application Type (Pressure Vessel, Scuba Tank,
Oxygen Cylinders, and Others), by End-Use
Industry Type (Aerospace Defense, Trends in
Aerospace Industry, Automotive Transportation,
Sports Recreational, Oil Gas, and Others),
and by Region (North America, Europe,
Asia-Pacific, and Rest of the World)


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Tow Prepreg Market Growth and Forecast
Highlights Drivers

• Tow Prepreg Market is likely to witness an
  impressive CAGR of 10.0 during the forecast
  period.
• The growing demand from various industries such
  as aerospace defense, automotive
  transportation, and oil gas is the main factor
  contributing to the growth of the tow prepreg
  market.
• The surge in production of commercial aircraft by
  Boeing and Airbus to cater to the increasing
  airline traffic of passengers is also bolstering
  the growth of the market.
• Further, the mounting use of tow prepregs in
  electric cars and aircraft is substantially
  underpinning the growth of the market, globally.
• Tow prepreg is basically a fiber bundle or a tow
  product which is preimpregnated with resin.
• High level of productivity can be achieved by
  making use of tow prepregs with the filament
  winding method, a forming method which is used in
  CF shaft and gas cylinder production.

Tow Prepreg Market - Snapshot Tow Prepreg Market - Snapshot
Growth 10.0 for the next five years
Fastest End-Use Industry Type Automotive Transportation
Dominant Fiber Type Carbon Fiber
Region with the highest demand Europe
Key Players ARISAWA Mfg. Co., Ltd., HEXCEL Corporation, JXTG Holdings, Inc., Mitsubishi Chemical Holdings Corporation, Porcher Industries, Red Composites Ltd., SGL Carbon SE, TCR Composites, Inc., Teijin Limited, and VITECH COMPOSITES.
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Market Insights

• By End-Use Industry Type
• The market is segmented as aerospace defense,
  trends in aerospace industry, automotive
  transportation, sports recreational, oil gas,
  and others.
• The automotive transportation industry is
  expected to be the fastest-growing segment of the
  tow prepreg market due to the use of tow prepreg
  in the manufacturing of CNG cylinders,
  transmission axles, leaf springs, and other
  automotive components used in the automotive
  industry.
• There are many challenges that the automotive
  industry faces in terms of enhancing the energy
  efficiency, reduction in vehicle emissions, and
  increasing durability.
• Tow prepregs are increasingly preferred by the
  industry to achieve much improved and better
  performance, including high mechanical features
  and low weight.
• By End-Use Industry Type
• The market is segmented as carbon fiber, glass,
  and others.
• Carbon fiber is expected to be the largest
  segment of the market during the forecast period,
  in terms of value, owing to its wide use in
  various industries such as aerospace defense,
  automotive transportation, and sports
  recreational sectors.
• This fiber offers features such as higher
  strength modulus, higher tensile strength and
  elastic modulus in comparison to the other fiber
  types.

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Market Insights

• By Region
• Europe is estimated to be the leading region in
  the tow prepreg market during the forecast
  period, with The UK and Germany being the major
  countries with a large number of offshore wind
  energy installations and lucrative growth
  opportunities.
• The aerospace defense industry has launched
  Airbus A320 and the Eurofighter successfully in
  the region.
• The penetration of the aerospace defense
  industry in Europe by tow prepreg manufacturers
  is due to the low corporate income tax and growth
  in the industry.
• The strict rules and regulations implemented by
  the European Union Automotive Fuel Economy
  standard is to reduce the emission of carbon by
  making use of lightweight materials and the EU
  has also agreed to reduce 37.5 of carbon in cars
  by the year 2030, which in turn, has led to the
  wide use of tow prepregs in electric cars in the
  European region.
• Asia-Pacific and North-America are also expected
  to offer substantial growth opportunities during
  the forecast period.

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Competitive Insights
Tow Prepreg Market, regional expansion, and
execution of mergers acquisitions are the key
strategies adopted by the major players to gain a
competitive edge in the market. Key Companies
Analysed

• ARISAWA Mfg. Co., Ltd.
• HEXCEL Corporation
• JXTG Holdings, Inc.
• Mitsubishi Chemical Holdings Corporation
• Porcher Industries
• Red Composites Ltd.
• SGL Carbon SE
• TCR Composites, Inc.
• Teijin Limited
• VITECH COMPOSITES.

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Research Methodology
Data Analysis Top Down and Bottom Up Approach)
Data Triangulation Data Evaluation and Multiple
Data Triangulation)
Final Deliverables Final Report with All Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research

• Annual Reports / Fact Book
• Company Websites
• Magazines / Publications
• Press Releases Journals
• Industry News
• Association Articles
• Government Documents
• Social Media
• Others

• Robust database across value chain
• In-house industry veterans as advisors
• Project based subject matter experts

• Industry Players
• Industry Experts
• Suppliers
• Customers
• Associations
• Government Institutions
• Others

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Report Features

• 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 on 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, Porters five forces analysis, SWOT
  analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics Market share,
  product portfolio, product launches, etc.
• Attractive market segments and associated growth
  opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing
  and new players.
• Key success factors.

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Market Segmentation

• The tow prepreg market is segmented into the
  following categories.
• Tow Prepreg Market Size, Share, Forecast, by
  Resin Type
• Epoxy Resin (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)
• Phenolic Resin (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis North America, Europe,
  Asia-Pacific, and RoW)
• Tow Prepreg Market Size, Share, Forecast, by
  Fiber Type
• Carbon Fiber (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)
• Glass (Regional Analysis North America, Europe,
  Asia-Pacific, and RoW)
• Others (Regional Analysis North America, Europe,
  Asia-Pacific, and RoW)
• Tow Prepreg Market Size, Share, Forecast, by
  Application Type
• Pressure Vessels (Regional Analysis North
  America, Europe, Asia-Pacific, and RoW)
• Scuba Tank (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)
• Oxygen Cylinders (Regional Analysis North
  America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis North America, Europe,
  Asia-Pacific, and RoW)

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Market Segmentation

• Tow Prepreg Market Size, Share, Forecast, by
  End-Use Industry Type
• Aerospace Defense (Regional Analysis North
  America, Europe, Asia-Pacific, and RoW)
• Trends in Aerospace Industry (Regional Analysis
  North America, Europe, Asia-Pacific, and RoW)
• Automotive Transportation (Regional Analysis
  North America, Europe, Asia-Pacific, and RoW)
• Sports Recreational (Regional Analysis North
  America, Europe, Asia-Pacific, and RoW)
• Oil Gas (Regional Analysis North America,
  Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis North America, Europe,
  Asia-Pacific, and RoW)
• Tow Prepreg Market Size, Share, Forecast, by
  Region
• North America (Country Analysis the USA, Canada,
  and Mexico)
• Europe (Country Analysis Germany, France, the
  UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis China, Japan,
  India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis Latin
  America, the Middle East, and Others)

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