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Global Aramid Prepreg Market

  • Published Date: 06 Aug 2018
  • Number of Pages: 174
  • Category: Chemicals
  • Country: Global
The aramid prepreg is a sheet of Aramid fibre which is woven along with the resins and resembles a cloth, woven with aramid fibres and which is rolled into sheets. The cost of the fibre is not of paramount importance and they are basically used in making the components stronger and lighter. Basically the aramid prepreg is an intermediate good because it is neither utilised by the end consumer nor used as the raw material. Aramid prepregs has a wide variety of potential and existing applications, some of these applications are still in developmental stage whereas many of the applications are already industrialized and commercialized. Wherever there is a requirement for high temperature resistance and wear resistance, they are used. Among the large number of sectors where it is used the sector of automotive is the major segment in terms of revenue, as aramid fibre has highest usage in this segment.The global market of aramid prepreg was at about USD XX million in 2016 which is projected to reach USD XX million by 2022 with a CAGR of XX% during the forecasted period.

Market Dynamics

The major driver for the market of aramid prepreg are the properties of high temperature resistance along with similarly high abrasion resistance. The high demand from the automotive sector is also a driver along with its growing use in ballistic protection. Another driver is its usage as asbestos substitute in tough applications.

The restraint for this market is that it has high cost than the glass fibres. The maintenance constraints that is faced is also another restraint for this market.

High research spending and the rising awareness in society is the major opportunity for this market.Development of advanced software tools for the development of prepreg product is also an opportunity for this market.

Market Segmentation

The market for Global Aramid Prepreg is primarily divided by three categories which are as follows

By Resin Type

--> Thermosetting
a. Epoxy
b. Polyester
c. Vinyl Ester

--> Thermoplastic
a. Polyamide
b. Polypropylene
c. PBT
d. Polycarbonate

By End-User Industry

--> Aerospace & Defence
--> Automotive
--> Electronics
--> Energy
--> Leisure
--> Marine
--> Sports
--> Wind Energy

By Production Process

--> Autoclave
--> Press
--> Oven

Geographic Analysis

Currently the market for aramid fibres has highest consumption in the Europe region. North America region follows at the second position and the Asia Pacific region is at third position. At the end of forecasted period of 2022 there will be no change in the position of the highest consumer but there is a high chance that the Asia Pacific region will overtake North America as the second highest consumer.

Key Players

There are a large number of companies that are involved in this market. Some of them are mentioned below

ACP Composites, Composite Holding Company, DuPont, Gurit Holding Ag, Hexcel Corporation, Isola Group, Lewcott, Mitsubishi Rayon Co. Ltd., NACCO Aerospace. Park Electrochemical Corporation. Royal Ten Cate N.V.. Sunrez, Toray Industries Inc., Ventec USA, Yokohama Aerospace, Zoltek Companies

Report Contents:

> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe

> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe

> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage
Publisher Name : Market Litmus

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