Prepreg Market Developments and Business Outlook 2022–2030
Prepreg Market Overview The global Prepreg Market is expected to grow at a CAGR of over 9% to reach around USD 10 Billion by the end of the forecast period. Prepregs are composite materials containing reinforcement fiber pre-impregnated in a certain ratio with a thermoplastic or thermoset resin matrix. Because they are cured at high temperatures and pressures, they have special features. Reinforcement materials used in prepregs improve the mechanical, physical, and chemical properties of composites. This is the case with prepreg materials, which offer high-quality, homogeneous material qualities at a high cost. As a result, prepregs are primarily used in industries such as aerospace, military, automotive, sports, and wind energy for high-performance applications. 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 ...