Polyurethane Catalysts Market Overview Size, Trends, Analysis, Opportunities and Segments Forecast by 2029 | Environmental Benefits of PU to Positively Impact Market Growth

 The global polyurethane catalysts market size is projected to experience sterling expansion owing to the exponential growth of the construction industry, states Fortune Business Insights™in its report, titled “Polyurethane Catalysts Market, 2022-2029”.

The construction of residential and commercial buildings is accelerating at a breakneck speed across the globe, driven by increasing populations, expanding urban areas, and developing economies. According to Oxford Economics, the value of output from the construction industry will reach USD 15.5 trillion by just 2030, showcasing a meteoric rise of 85% over the next nine years. Polyurethane catalysts, such as Tosoh’s TEDA, are an essential component in making flexible and rigid polyurethane (PU) foams, which are extensively deployed in the construction industry. Thus, the skyrocketing demand for buildings and constructions worldwide is set to propel the adoption of PU catalysts and augment the prospects of this market.

COVID-19 Impact

The polyurethane catalysts market growth might gain from the COVID-19 pandemic outbreak as the demand for polymers has escalated since the pandemic began in 2020. This is mainly due to the surging requirement for air-purified respirators, a form of personal protective equipment (PPE), to spray PU foam systems in indoor settings. Furthermore, the heightened need for PPE from frontline healthcare workers is also expected to broaden the application of PU-based materials and boost the market in the process.

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Segmentation

In terms of product type, the market has been categorized into amine catalysts, organic metal catalysts, and others. Based on application, the market is grouped into foam, coating & glue adhesion agent, elastomer, and others. By region, the global market has been segregated into North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.

Highlights of the Report

This report contains an in-depth analysis of the market drivers, trends, and restraints, along with a granular assessment of the various segments of the market. In addition, valuable insights into the regional opportunities impacting the market are also incorporated into the report, as well as a holistic examination of the major market players and their dominant strategies.

Driving Factor

Environmental Benefits of PU to Positively Impact Market Growth

While rampant plastic pollution has sent alarm bells ringing around the planet, environmental experts have pointed out that not all plastics cause pollution. Polyurethane is one such plastic, which offers notable environmental benefits. For example, PU and its derivatives, such as polyurethane catalysts, function as highly effective insulating agents for buildings, thus lowering the energy required by buildings for heating and cooling, making them energy-efficient and reducing carbon emissions. Furthermore, PU products make vehicles lighter in weight, and thus fuel-efficient, as PU is lighter than metals and other heavy materials. In addition to these, PU waste is often utilized to incinerate solid waste, thereby eliminating the need for fossil fuels. These exceptional properties of PU and PU-based products are one of the foremost reasons that will power this market during the forecast period.

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Regional Insights

Growing Urban Spaces to Brighten the Asia Pacific Market Prospects

Asia Pacific is expected to dictate the polyurethane catalysts market share in the forthcoming period owing to the speedy growth of urban areas in the region, which is fueling the demand for construction activities. For example, the UN predicts that India and China will experience a massive influx of migrants into urban areas by 2050. In Europe, the market is anticipated to be driven by the rising demand for energy-efficient insulation for buildings in the building, which can be facilitated by polyurethane catalysts. Meanwhile, the market in North America is set to undergo prolific growth on account of the rapid adoption of sophisticated PU manufacturing technologies.

Competitive Landscape

Portfolio Enhancement Activities by Key Players to Animate Market Competition

With an eye on enlarging their market footprint, key producers of polyurethane catalysts are aggressively broadening their portfolios to diversify their brands. One of the most prominent measures undertaken by these companies is to create PU-based products that are environmentally friendly, in an effort to improvesustainability in the chemical industry.

Industry Development

• February 2021: Evonik converted its complete portfolio of silicone surfactants in Europe to include on low VOC-based products. The company’s entire suite of PU additive stabilizers will now be transformed to produce low VOC polyurethane foams.

List of Key Players Profiled in the Polyurethane Catalysts Market Report

• Evonik Industries AG
• Polychemie Asia Pacific Permai
• Suzhou Xiangyuan Special Fine Chemical Co., Ltd
• The Dow Chemical Company
• Covestro AG
• BASF SE
• Gulbrasnson Chemical Pvt. Ltd.
• Tosoh Corporation
• Huntsman International LLC
• Kao Corporation

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Thermal Paper Market Share, Size, Expected Growth Opportunities and Forecast by 2027 | Know the Russia Ukraine Impact On Thermal Paper Industry in US

The global thermal paper market size is projected to reach USD 5.85 billion by the end of 2027. Increasing applications of the product across diverse industry verticals will aid the growth of the overall market in the coming years. According to a report published by Fortune Business Insights, titled “Thermal Paper Market Size, Share & Industry Analysis, By Width (2.25”, 3.125”, and Others), By Printing Technology (Direct Thermal, Thermal Transfer, and Others), By Application (Point-of-Sale, Tags & Labels, Ticketing, Lottery & Gaming, Medical, and Others), and Regional Forecast, 2020-2027,” the market was worth USD 3.45 billion in 2019 and will exhibit a CAGR of 6.9% during the forecast period, 2020-2027.

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Russia-Ukraine War Implication

US Electronic Chemicals and Materials Market USD 89.82 billion by 2028 | CAGR of 6.0%

 In a recently published report by Fortune Business Insights™, titled, "US Electronic Chemicals and Materials Market Report 2022", the analysts have provided an in-depth overview of the US Electronic Chemicals and Materials Market. The report is an all-inclusive research study of the US Electronic Chemicals and Materials market taking into account the growth factors, recent trends, developments, opportunities, and competitive landscape. Market analysts and researchers have done extensive analysis of the market with the help of research methodologies such as PESTLE and Porter's Five Forces analysis. They have provided accurate and reliable market data and useful recommendations with an aim to help the players gain insight into the overall present and future market scenario.

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The global US Electronic Chemicals and Materials market size was USD 56.39 billion in 2020. The market is projected to grow from USD 59.88 billion in 2021 to USD 89.82 billion by 2028 at a CAGR of 6.0% during the 2021-2028 period. This vital information is presented by Fortune Business Insights™, in its report, titled, “US Electronic Chemicals and Materials Market, 2021-2028.” Factors such as technological progression in the electronics industry and rising inclination for connected devices and smart technologies are expected to boost the market growth during the forecast period. Also, the rising consumption of electronic devices computers, smartphones, laptops, and air conditioners from established corporate companies will fuel the growth of the market.

This research contains in-depth information on emerging trends, market drivers, development opportunities, and market restraints that have the potential to affect the dynamics of the market. The study assesses the market size of the industry and examines the key international players’ approach trends. The research also assesses the market’s size in terms of revenue during the predicted period. All data numbers, such as percentage share splits and breakdowns, are derived from secondary sources and double-checked with primary sources. To examine the industry’s primary influencing variables and entry obstacles, the report conducted Porter’s five forces analysis, SWOT analysis, regulatory landscape, and prominent buyers.

Key Players in the US Electronic Chemicals and Materials Market Report:

• Linde plc (Ireland)
• Air Products (U.S.)
• Cabot Microelectronics (U.S.)
• BASF AG (Germany)
• Showa Denko Materials Co., Ltd. (Japan)
• Air Liquide (France)
• Solvay A.G. (Belgium)
• Shin-Etsu (Japan)
• Covestro (France)
• Songwon (South Korea)
• Wafer World, Inc. (U.S.)
• Sumco (Japan)
• Global Wafers (U.S.)
• Siltronic AG (Germany)

Most Important Features in this Report:

1. Detailed market study of the US Electronic Chemicals and Materials market
2. Changing industry competitive landscape
3. Detailed competitive categorization
4. Historical, current, and forecast market size in quantity and value
5. Recent industry trends and developments
6. The US Electronic Chemicals and Materials Market’s Competitive Landscape Key Players’ Strategies and Product Portfolio
7. Segments/Regions Showing Promising Growth a Neutral Perspective on the Performance

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Regional Segmentation of the US Electronic Chemicals and Materials Market:

The US Electronic Chemicals and Materials research examines the market size, sales, segmentation, and a complete examination of geographies, with a focus on the industry’s top suppliers. Similarly, the study employs a cutting-edge research technique to provide data on market trends in a number of key sectors of the industry. The research study also examines the market size and volume at the global and local levels. Following is the Regional Segmentation:

» North America
» Europe
» China
» Asia-Pacific
» Japan

The report studies the US Electronic Chemicals and Materials Market by assessing the market chain, current policies, and regulations, as well as manufacturers, their manufacturing chain, cost structures, and contribution to the industry. The regional market for the Market is examined by analyzing the price of the products in the region in relation to the profit generated.

Marketing Statistics:

The Global US Electronic Chemicals and Materials Market Report estimates upfront data and statistics that make the report a very valuable guide for individuals dealing with advertising, advisors, and industry decision-making processes in the Market. This report provides essential data from the industries to guide new entrants in the global Market.

Market Dynamics:

The report shows details related to the most dominant players in the global US Electronic Chemicals and Materials Market, along with contact details, sales, and accurate figures for the worldwide market. Various data and detailed analyses collected from various trusted institutions of the global market are presented in the Research Report.

Table of Content – Analysis of Key Points Analysis:

Chapter 1. Executive Summary
Chapter 2. Global Market Definition and Scope
Chapter 3. Global Market Dynamics
Chapter 4. Global US Electronic Chemicals and Materials Market Industry Analysis
Chapter 5. Market by Type
Chapter 6. Market by Application
Chapter 7. Market Regional Analysis
Chapter 8. Competitive Intelligence
Chapter 9. Key Companies Analysis
Chapter 10. Research Process

Continued…

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Fortune Business Insights™ Pvt. Ltd.

Email: sales@fortunebusinessinsights.com 

Carbon Prepreg Market to See High Demand in Upcoming Year by 2029 | Introduction of Novel Solutions for the Auto & Aerospace Industries to Stoke Growth

 The global carbon prepreg market size is projected to expand at a notable pace owing to the unparalleled benefits of pre-impregnated carbon fibers, shares Fortune Business Insights™Prepreg is term that refers to reinforcing fabrics that are pre-infused with a resin, usually epoxy. As a result, during the molding process, additional resins are not required and the lamination can occur using a combination of heat and pressure.

The pre-impregnation also bestows carbon prepregs and other such composite materials with numerous advantages. For example, most prepregs contain 35% resin, which is ideal for maximum cured properties. In comparison, hand-molded laminates end up with excess amounts of resin that increases the brittleness of the fabric and dilutes its overall properties. Further, prepregs ensure uniformity by spreading evenly across the material, preventing the creation of resin-rich or overly dry areas. Some companies have also developed resins that are not bound by temperature conditions. For instance, US-based Fiber Glast has formulated prepregs that can be handled at room temperature, thus eliminating the need to rush the work before the epoxy hardens its shape. Thus, several structural, mechanical, and design benefits of pre-impregnated fibers is boosting their adoption in the chemicals and materials manufacturing domain.

Get a Sample PDF Brochure:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/carbon-prepreg-market-103443

Salient Features of the Report:

• Tangible analysis of the market drivers, trends, and constraints;
• Exhaustive assessment of the regional opportunities and investment pockets for the market;
• Careful profiling and study of key market players and their strategies; and
• Granular evaluation of all possible market segments.

Driving Factor

Introduction of Novel Solutions for the Auto & Aerospace Industries to Stoke Growth

With the demand for innovative, lightweight materials growing in the automotive and aerospace industries, companies in this space are actively developing and introducing game-changing products. For example, in February 2019, Hexcel announced that its carbon prepreg patch technology was one of the finalists at the JEC Innovation Awards 2019 in the automotive category. Called HexPly, the composite product comprises unidirectional carbon fiber and an epoxy matrix that improves the performance of aluminum sub-frames in vehicles, reducing noise, vibration, and harshness. Moreover, Hexcel’s advanced prepreg solution was also adopted by the German ultralight aircraft manufacturer, Flight Design, in April 2020. The company selected HexPly M79 low-temperature curing prepreg for aircraft production, overhauling its manufacturing process. The slew of advantages offered by carbon prepregs is the main reason for their employment in heavy manufacturing industries. In particular, their ability to lower the weight of vehicles, thereby boosting fuel and energy efficiency, is the marquee feature that is heightening their popularity in various industries.

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Regional Insights

Advancements in Lightweight Auto Materials to Support Market Growth in Europe

Europe is home to some of the largest vehicle manufacturers in the world, such as Volkswagen and Fiat Chrysler. These auto giants have been investing in the development of advanced, lightweight materials to make their vehicles more energy- and fuel-efficient. Carbon prepregs have emerged as one of the top solutions to address these requirements and several automakers are actively adopting this material to enhance their offerings. Furthermore, pre-impregnated carbon fibers are also high in demand in the wind energy industry, where these materials are being increasingly deployed to build wind farms, especially in Germany. As a result, Europe is expected to dominate the carbon prepreg market share in the forthcoming years. Meanwhile, the market in North America is anticipated to progress on the back of the increasing investments in novel materials by the region’s aerospace & defense industry.

Competitive Landscape

Key Players to Maximize Profitability through Path-breaking Innovations

Leading entities in this market are concentrating on creating inventive solutions with multi-industry applicability to widen their business horizons and maximize profitability. Their inventiveness is also directed towards critical industries that are determinedly transitioning towards clean energy sources and building sustainable products, thus aiding carbon prepreg market growth.

Industry Development:

• February 2020: Solvay Composite Materials announced the launch of CYCOM EP2750, its new epoxy prepreg specifically formulated for the compression molding of high-quality, high-rate, cost-effective aero-structures. The idea behind this material is to facilitate the manufacturing of composite aero parts that can compete with machined aluminum.

List of Key Players Profiled in the Carbon Prepreg Market Report:

• Axiom Materials
• Royal TenCate N.V.
• Mitsubishi Rayon Co. Ltd
• SGL Group
• Solvay
• Toray Industries

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US Colour Cosmetics Market 2029 at a 3.8% CAGR during the forecast period

 In a recently published report by Fortune Business Insights™, titled, "US Colour Cosmetics Market Report 2022", the analysts have provided an in-depth overview of the US Colour Cosmetics Market. The report is an all-inclusive research study of the US Colour Cosmetics market taking into account the growth factors, recent trends, developments, opportunities, and competitive landscape. Market analysts and researchers have done extensive analysis of the market with the help of research methodologies such as PESTLE and Porter's Five Forces analysis. They have provided accurate and reliable market data and useful recommendations with an aim to help the players gain insight into the overall present and future market scenario.

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The global color cosmetics market size garnered USD 70.34 billion in 2021. The market is projected to surge from USD 72.74 billion in 2022 to USD 94.49 billion by 2029 at a 3.8% CAGR during the forecast period. Fortune Business Insights™ has elucidated these insights in its latest research report, titled, “Color Cosmetics Market, 2022-2029.”According to the analysis, color cosmetics have become trendier to complement the high-end lifestyle and personal grooming. With the rising prominence of personal hygiene, skincare, fragrances, hair care and makeup, industry players are likely to inject funds into cosmetic products.

This research contains in-depth information on emerging trends, market drivers, development opportunities, and market restraints that have the potential to affect the dynamics of the market. The study assesses the market size of the industry and examines the key international players’ approach trends. The research also assesses the market’s size in terms of revenue during the predicted period. All data numbers, such as percentage share splits and breakdowns, are derived from secondary sources and double-checked with primary sources. To examine the industry’s primary influencing variables and entry obstacles, the report conducted Porter’s five forces analysis, SWOT analysis, regulatory landscape, and prominent buyers.

Key Players in the US Colour Cosmetics Market Report:

Companies covered in color cosmetics market are L'Oréal S.A (Clichy, France), Unilever (London, U.K.), Avon Products Inc. (London, U.K.), Estée Lauder Inc (New York, U.S.), Shiseido Company, Limited (Tokyo, Japan), Revlon, Inc. (New York, U.S.), Coty Inc. (New York, U.S.), Amway (Michigan, U.S.), KRYOLAN (Berlin, Germany), CIATÉ (London, U.K.), CHANEL (Paris, France), and others.

Most Important Features in this Report:

1. Detailed market study of the US Colour Cosmetics market
2. Changing industry competitive landscape
3. Detailed competitive categorization
4. Historical, current, and forecast market size in quantity and value
5. Recent industry trends and developments
6. The US Colour Cosmetics Market’s Competitive Landscape Key Players’ Strategies and Product Portfolio
7. Segments/Regions Showing Promising Growth a Neutral Perspective on the Performance

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Regional Segmentation of the US Colour Cosmetics Market:

The US Colour Cosmetics research examines the market size, sales, segmentation, and a complete examination of geographies, with a focus on the industry’s top suppliers. Similarly, the study employs a cutting-edge research technique to provide data on market trends in a number of key sectors of the industry. The research study also examines the market size and volume at the global and local levels. Following is the Regional Segmentation:

» North America
» Europe
» China
» Asia-Pacific
» Japan

The report studies the US Colour Cosmetics Market by assessing the market chain, current policies, and regulations, as well as manufacturers, their manufacturing chain, cost structures, and contribution to the industry. The regional market for the Market is examined by analyzing the price of the products in the region in relation to the profit generated.

Marketing Statistics:

The Global US Colour Cosmetics Market Report estimates upfront data and statistics that make the report a very valuable guide for individuals dealing with advertising, advisors, and industry decision-making processes in the Market. This report provides essential data from the industries to guide new entrants in the global Market.

Market Dynamics:

The report shows details related to the most dominant players in the global US Colour Cosmetics Market, along with contact details, sales, and accurate figures for the worldwide market. Various data and detailed analyses collected from various trusted institutions of the global market are presented in the Research Report.

Table of Content – Analysis of Key Points Analysis:

Chapter 1. Executive Summary
Chapter 2. Global Market Definition and Scope
Chapter 3. Global Market Dynamics
Chapter 4. Global US Colour Cosmetics Market Industry Analysis
Chapter 5. Market by Type
Chapter 6. Market by Application
Chapter 7. Market Regional Analysis
Chapter 8. Competitive Intelligence
Chapter 9. Key Companies Analysis
Chapter 10. Research Process

Continued…

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Contact Us:

Fortune Business Insights™ Pvt. Ltd.

Email: sales@fortunebusinessinsights.com 

Xenon Market By Glorious Opportunities, Business Growth, Size, And Statistics Forecasts Up To 2026

The global xenon market size is projected to reach USD 228.96 million by 2028, exhibiting a CAGR of 1.8% during the forecast period. Fortune Business Insights™ shares this information in its report, titled “Xenon Market, 2021-2028”. As per the report, the value of the market stood at USD 200.94 million in 2020. The noble gas has gained a strong reputation in the field of physics, as it is helping to unfold the secrets of the universe. Evidently, xenon is utilized extensively in the Large Underground Xenon (LUX) experiment, which was designed to detect dark matter.

Market to Witness Negative Growth Due to Delayed Satellite Launches

The COVID-19 pandemic has been a challenge for several industries and markets worldwide. Without any exemption, it has had a negative impact on this market as well. Year-long delays in all satellite projects and a huge decline in the production of electronic components have severely affected the demand for the noble gas. Key industry players are seeking new applications to survive the crisis.

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Market Segmentation

The market is categorized on the basis of type, application, and geography. In terms of type, it is divided into N3, N4.5, and N5. Based on the application, it is fragmented into imaging and lighting, satellite, electronics & semiconductors, medical, and others. On the basis of region, it is segmented into North America, Europe, South America, Asia Pacific, and the Middle East & Africa.

What Does the Report Offer?

This report incorporates an in-depth analysis of the overall growth prospects in the market. Furthermore, it provides insights into the comprehensive competitive landscape of the global market. A detailed overview of leading companies, including their marketing strategies, market contribution, and recent developments is presented in both historic and present contexts.

Driving factor

Increasing Utilization in Satellites to Drive Growth

Xenon is extensively used for propulsion in satellites due to its light weight compared to other alternatives. The high demand for satellites backed by an increasing number of space programs is anticipated to drive the xenon market growth. For instance, SpaceX has planned to initiate its SpaceX Axiom Space-1 under which the company will carry a private crew to the International Space Station (ISS). Such programs are predicted to strengthen the demand for the gas. In addition, the increasing application in manufacturing semiconductors is estimated to further enhance the market growth. However, xenon is labeled as an asphyxiant, which means it can be injurious to health if inhaled excessively. This may hinder growth during the forecast period.

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Regional Insights

Flourishing Consumer Electronics Industry to Help Asia Pacific Gain Prominence

Asia Pacific is estimated to dominate the market backed by the flourishing consumer electronics industry in the region. The high volume production of semiconductors in China and India is predicted to expand the xenon market share in the region. In addition, various upcoming satellite programs by space agencies from China, Japan, India, and other nations are estimated to further strengthen regional growth. For instance, the Indian Space Research Organization (ISRO) launched its GSAT 20 communication satellite in 2020. The region earned revenue of USD 73.38 Million in 2020.

The market in Europe is projected to exhibit considerable growth during the forthcoming years. One of the leading factors driving the market growth in the region is the ongoing research study on dark matter, which is being conducted in Italy. The gas is utilized in catching the passing weakly interacting massive particles (WIMPs) during the experiment. Hence the market will witness significant demand in the region.

Competitive Landscape

Finding New Applications to Help Key Players Expand their Businesses

The market is primarily driven by high applications of this gas in two main industries: space and electronics. Industry leaders in these fields are supporting the market growth by coming up with new opportunities. For instance, in October 2018, Samsung Electronics Co., Ltd. launched 7LPP, a 7-nanometer node that is integrated with EUV lithography technology. The company has leveraged the properties of xenon for the production of the new chip.

Industry Developments:

July 2018: Air Liquide, an industrial gas supplier based in France, announced to sign multiple agreements worth USD 59 million with various satellite and semiconductor manufacturers from the U.S., Europe, and Asia. 

List of Key Companies Covered in this Market Report:

• Air Liquide (France)
• Linde PLC (Ireland)
• Air Products & Chemicals, Inc. (USA)
• Messer Group GmbH (Germany)
• Proton Gases (India) Pvt. Ltd. (India)
• Matheson Tri-Gas, Inc. (USA)
• American Gas Products (AGP LLC) (USA)
• Coregas Pty Ltd. (USA)
• Akela-p Medical Gases P. Ltd. (Russia)
• Electronic Fluorocarbons, LLC (USA)
• Iceblick Ltd. (Ukraine)

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Carbon Prepreg Market Touching Impressive Growth by 2029 | Advancements in Lightweight Auto Materials to Support Market Growth in Europe

 The global carbon prepreg market size is projected to expand at a notable pace owing to the unparalleled benefits of pre-impregnated carbon fibers, shares Fortune Business Insights™. Prepreg is term that refers to reinforcing fabrics that are pre-infused with a resin, usually epoxy. As a result, during the molding process, additional resins are not required and the lamination can occur using a combination of heat and pressure.

The pre-impregnation also bestows carbon prepregs and other such composite materials with numerous advantages. For example, most prepregs contain 35% resin, which is ideal for maximum cured properties. In comparison, hand-molded laminates end up with excess amounts of resin that increases the brittleness of the fabric and dilutes its overall properties. Further, prepregs ensure uniformity by spreading evenly across the material, preventing the creation of resin-rich or overly dry areas. Some companies have also developed resins that are not bound by temperature conditions. For instance, US-based Fiber Glast has formulated prepregs that can be handled at room temperature, thus eliminating the need to rush the work before the epoxy hardens its shape. Thus, several structural, mechanical, and design benefits of pre-impregnated fibers is boosting their adoption in the chemicals and materials manufacturing domain.

Get a Sample PDF Brochure:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/carbon-prepreg-market-103443

Salient Features of the Report:

• Tangible analysis of the market drivers, trends, and constraints;
• Exhaustive assessment of the regional opportunities and investment pockets for the market;
• Careful profiling and study of key market players and their strategies; and
• Granular evaluation of all possible market segments.

Driving Factor

Introduction of Novel Solutions for the Auto & Aerospace Industries to Stoke Growth

With the demand for innovative, lightweight materials growing in the automotive and aerospace industries, companies in this space are actively developing and introducing game-changing products. For example, in February 2019, Hexcel announced that its carbon prepreg patch technology was one of the finalists at the JEC Innovation Awards 2019 in the automotive category. Called HexPly, the composite product comprises unidirectional carbon fiber and an epoxy matrix that improves the performance of aluminum sub-frames in vehicles, reducing noise, vibration, and harshness. Moreover, Hexcel’s advanced prepreg solution was also adopted by the German ultralight aircraft manufacturer, Flight Design, in April 2020. The company selected HexPly M79 low-temperature curing prepreg for aircraft production, overhauling its manufacturing process. The slew of advantages offered by carbon prepregs is the main reason for their employment in heavy manufacturing industries. In particular, their ability to lower the weight of vehicles, thereby boosting fuel and energy efficiency, is the marquee feature that is heightening their popularity in various industries.

Get Your Customization Research Report:

https://www.fortunebusinessinsights.com/enquiry/customization/carbon-prepreg-market-103443

Regional Insights

Advancements in Lightweight Auto Materials to Support Market Growth in Europe

Europe is home to some of the largest vehicle manufacturers in the world, such as Volkswagen and Fiat Chrysler. These auto giants have been investing in the development of advanced, lightweight materials to make their vehicles more energy- and fuel-efficient. Carbon prepregs have emerged as one of the top solutions to address these requirements and several automakers are actively adopting this material to enhance their offerings. Furthermore, pre-impregnated carbon fibers are also high in demand in the wind energy industry, where these materials are being increasingly deployed to build wind farms, especially in Germany. As a result, Europe is expected to dominate the carbon prepreg market share in the forthcoming years. Meanwhile, the market in North America is anticipated to progress on the back of the increasing investments in novel materials by the region’s aerospace & defense industry.

Competitive Landscape

Key Players to Maximize Profitability through Path-breaking Innovations

Leading entities in this market are concentrating on creating inventive solutions with multi-industry applicability to widen their business horizons and maximize profitability. Their inventiveness is also directed towards critical industries that are determinedly transitioning towards clean energy sources and building sustainable products, thus aiding carbon prepreg market growth.

Industry Development:

• February 2020: Solvay Composite Materials announced the launch of CYCOM EP2750, its new epoxy prepreg specifically formulated for the compression molding of high-quality, high-rate, cost-effective aero-structures. The idea behind this material is to facilitate the manufacturing of composite aero parts that can compete with machined aluminum.

List of Key Players Profiled in the Carbon Prepreg Market Report:

• Axiom Materials
• Royal TenCate N.V.
• Mitsubishi Rayon Co. Ltd
• SGL Group
• Solvay
• Toray Industries

Inquire Before Buying Reports:

https://www.fortunebusinessinsights.com/enquiry/queries/carbon-prepreg-market-103443