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The carbon fiber prepreg market size is forecast to increase by USD 1.35 billion at a CAGR of 7.38% between 2023 and 2028. The market is experiencing significant growth due to the increasing adoption of carbon fibers in various industries, including aerospace, automotive, wind energy, and military and surveillance. The rising demand for high-performance cars and electric vehicles (EVs) is driving the market, as carbon fiber prepregs offer lightweight and strong materials for manufacturing. In the aerospace sector, the use of drones and unmanned aerial vehicles (UAVs) is increasing, leading to a growth in demand for carbon fiber prepregs for their lightweight and high-strength properties. In the wind power industry, the expansion of wind farms is fueling the market, as carbon fiber prepregs are used to manufacture wind turbine blades. Furthermore, the use of thermoplastic resins such as PEEK in carbon fiber prepregs is gaining popularity due to their superior mechanical properties and ease of processing. However, the high cost associated with carbon composites remains a challenge for the market, limiting their widespread adoption in mass-market applications. Additionally, the use of alternative fibers like glass fibers and aramid fibers in composite materials is a potential threat to market growth.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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