Market analyst Technavio says that the prepreg market in North America could grow to US€955.83 million during 2020-2024, progressing at a CAGR of almost 7%.
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied,’ the company said. ‘The prepreg market will be driven by the increased demand for lightweight materials in the automotive industry, but the high cost of prepregs could hamper market growth.’
This story uses material from Technavio, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.
