The global glass fiber prepreg market is estimated to grow at a CAGR of 7.5% from 2014 to 2019, says a new report.
North America holds the largest share of the market among all regions, while Asia-Pacific is expected to grow at the highest CAGR of 9.9% during the forecast period.
Aerospace and defense is the leading application in terms of value, followed by wind power. Automotive is the fastest-growing segment, with an estimated CAGR of 8.5% from 2014 to 2019
As of 2014, the global glass fiber prepreg was mainly dominated by Hexcel Corporation (U.S.), Cytec Industries, Inc. (U.S.), and Toray Industries, Inc. (Japan).
Research and Markets’ report can be found here.
This story is reprinted from material from Research and Markets, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.