Reportlinker website recently announced the release of "Carbon Fiber Pre-preg Market Growth, Trends and Forecasts (2020-2025)" report. The report forecasts the prospects, technical characteristics and market structure of the defense / aerospace market.
Growing demand from the aerospace and defense industries
Traditionally, aerospace manufacturers have turned to carbon fiber composites. Compared with traditional aerospace materials, carbon fiber composite materials greatly reduce their weight and cost. Most aerospace composite materials use carbon fiber prepreg as raw materials. Carbon fiber composite materials are mainly used in the aerospace and defense fields due to their high strength, stiffness, thermal and chemical resistivity and other various thermal and chemical properties.
The global carbon fiber prepreg market is relatively stable. The top five suppliers account for a large share of the market, namely TORAY Industries, TEIJIN Co., Ltd., Hexcel, SGL Carbon and Solvay.
In addition, thermoplastic prepregs are increasingly used in primary structural components such as chords or stiffeners, wing boxes and fuselage panels.
Europe is still the main aviation market
Europe dominates the global market. Germany is one of the main manufacturing bases of the aircraft industry, and is the location of manufacturers of different components such as equipment manufacturers, material and component suppliers, engine manufacturers and entire system integrators. The country has many aircraft interior components, repairs and overhauls, as well as production bases for light construction and materials, mainly in Bavaria, Bremen, Baden-Württemberg and Mecklenburg-Wobomelen. The report predicts that 30-35 thousand new aircraft will be put into use in the next 20 years to meet the growing aviation demand. Therefore, the increase in aircraft production is also expected to contribute to market growth during the forecast period.