Prepreg Market- Competitive Dynamics And Opportunities in Key Application Sectors by 2030
Prepreg Market Overview the market is growing with a CAGR of 10.70% in the forecast period of 2020 to 2027 and is expected to reach USD 21.02 Billion by 2027 The coronavirus outbreak has hampered the growth of the prepreg market globally since demand from the automotive and aerospace & military industries has decreased. Across end-use sectors, the pandemic has caused disruptions in operations and the global supply chain. Markets have been slowed or shut down as a result of the disruptions. The automotive and aerospace industries have slowed as a result of the widespread application of lockdown and travel restrictions. Furthermore, the imposition of safety standards and crowd control limits resulted in the closure of public spaces, impacting the athletic goods industry. Manufacturers of COVID-19 alleviation items such as gloves, masks, and sanitizers have shifted/modified their production lines across several end-use sectors. Prepregs are composite materials containing reinforce