Prepreg Market Size, Analysis, Industry Outlook, & Region Forecast, 2020-2027
Market Forecast The global Prepreg Market is expected to exhibit a CAGR of over 9 % to reach a value of around USD 10 billion by the end of the forecast period. The term prepreg refers to composite materials such as carbon, graphite, or glass fibers which are “pre-impregnated” with various resins and then cured. The term “prepreg” is an abbreviation for “pre-impregnated,” which indicates the material has been pre-reinforced. Prepreg comes in three basic forms, namely, tow-preg, unidirectional tape, and fabric. Reinforcement materials in prepregs provide composites with an enhanced set of mechanical, physical, and chemical characteristics. They are widely used in aerospace, military, automotive, sports, and wind energy industries. Regulatory Framework Various ASTM standards have been frame-worked for the production and testing of composites, including matrix composites, prepregs, sandwich core materials, and honeycomb core materials. For aerospace applications, th