The China prepreg market is set to register a CAGR of 11.55% in terms of revenue and 9.64% in terms of volume during the forecast period, 2021-2026. The thriving aircraft parts and assembly manufacturing sector is one of the major contributors to market growth.
CHINA PREPREG MARKET FORECAST 2021-2026
China Prepreg Market by Resin Type (Thermoset, Thermoplastic) Market by Manufacturing Process (Hot Melt, Solvent Dip) Market by Type (Carbon Fiber, Glass Fiber, Aramid Fiber) Market by End-user (Aerospace & Defense, Wind Energy, Automotive, Sporting Goods, PCB & Other Sectors)
The China prepreg market is set to register a CAGR of 11.55% in terms of revenue and 9.64% in terms of volume during the forecast period, 2021-2026. The thriving aircraft parts and assembly manufacturing sector is one of the major contributors to market growth.
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China has the presence of more than 200 small aircraft parts manufacturers. In addition, prominent manufacturers are concentrated in Shenyang, Shijiazhuang, Harbin, Xi’an, Chengdu, Shanghai, and Nanchang. Also, the Chinese aerospace policy entails adopting top levels of aerospace development and production. Besides, China is estimated to be the largest single-country market globally for civil aircraft sales in the next twenty years. Moreover, the country is projected to supply over 10% of homemade commercial aircraft to the domestic market by 2025, under the ‘Made in China 2025’ plan.
Furthermore, the construction market is expected to witness robust growth, attributed to surging market conditions and technological advancements. Additionally, the sector offers growth potential to international and domestic companies regarding product sales and investment opportunities. Such factors increase the demand for prepregs in the country.
Mitsubishi Rayon Co Ltd offers products that are classified into six segments. These include aqua, carbon fibers & composite materials, fibers, chemicals, plastics, and other business. Also, the company produces cross and unidirectional prepregs. The company has a presence in Europe, China, Hong Kong, and the US, with headquarters in Tokyo, Japan.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY – CHINA PREPREG INDUSTRY
- MARKET SIZE & ESTIMATES
- PESTLE ANALYSIS – CHINA
- COUNTRY ANALYSIS
- KEY DRIVERS
- KEY RESTRAINTS
- KEY ANALYTICS
- DEVELOPMENT OF PREPREG
- IMPACT OF COVID-19 ON PREPREG MARKET
- KEY MARKET TRENDS
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VALUE CHAIN ANALYSIS
- TECHNOLOGICAL ANALYSIS
- MARKET BY RESIN TYPE (IN TERMS OF REVENUE: $ MILLION & IN TERMS OF VOLUME: KILOTONS)
- THERMOSET
- THERMOPLASTIC
- MARKET BY MANUFACTURING PROCESS (IN TERMS OF REVENUE: $ MILLION & IN TERMS OF VOLUME: KILOTONS)
- HOT MELT
- SOLVENT DIP
- MARKET BY TYPE (IN TERMS OF REVENUE: $ MILLION & IN TERMS OF VOLUME: KILOTONS)
- CARBON FIBER
- GLASS FIBER
- ARAMID FIBER
- MARKET BY END-USER (IN TERMS OF REVENUE: $ MILLION & IN TERMS OF VOLUME: KILOTONS)
- AEROSPACE & DEFENSE
- WIND ENERGY
- AUTOMOTIVE
- SPORTING GOODS
- PCB & OTHER SECTORS
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGERS & ACQUISITIONS
- PRODUCT LAUNCHES & DEVELOPMENTS
- PARTNERSHIPS & AGREEMENTS
- BUSINESS EXPANSIONS & DIVESTITURES
- COMPANY PROFILES
- GUANG WEI COMPOSITES
- MITSUBISHI RAYON CO LTD
- TEIJIN LIMITED
- TORAY INDUSTRIES
- VENTEC INTERNATIONAL GROUP LTD
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – PREPREG
TABLE 2: CHINA PREPREG MARKET, BY RESIN TYPE, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)
TABLE 3: CHINA PREPREG MARKET, BY RESIN TYPE, FORECAST YEARS, 2021-2026 (IN KILOTONS)
TABLE 4: CHINA PREPREG MARKET, BY RESIN TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 5: CHINA PREPREG MARKET, BY RESIN TYPE, FORECAST YEARS, 2021-2026 (IN $ MILLION)
TABLE 6: CHINA PREPREG MARKET, BY MANUFACTURING PROCESS, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)
TABLE 7: CHINA PREPREG MARKET, BY MANUFACTURING PROCESS, FORECAST YEARS, 2021-2026 (IN KILOTONS)
TABLE 8: CHINA PREPREG MARKET, BY MANUFACTURING PROCESS, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 9: CHINA PREPREG MARKET, BY MANUFACTURING PROCESS, FORECAST YEARS, 2021-2026 (IN $ MILLION)
TABLE 10: CHINA PREPREG MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)
TABLE 11: CHINA PREPREG MARKET, BY TYPE, FORECAST YEARS, 2021-2026 (IN KILOTONS)
TABLE 12: CHINA PREPREG MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 13: CHINA PREPREG MARKET, BY TYPE, FORECAST YEARS, 2021-2026 (IN $ MILLION)
TABLE 14: CHINA PREPREG MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)
TABLE 15: CHINA PREPREG MARKET, BY END-USER, FORECAST YEARS, 2021-2026 (IN KILOTONS)
TABLE 16: CHINA PREPREG MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 17: CHINA PREPREG MARKET, BY END-USER, FORECAST YEARS, 2021-2026 (IN $ MILLION)
TABLE 18: LIST OF MERGERS & ACQUISITIONS
TABLE 19: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 20: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 21: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
LIST OF FIGURES
FIGURE 1: TIMELINE OF PREPREG
FIGURE 2: KEY MARKET TRENDS
FIGURE 3: PORTER’S FIVE FORCES ANALYSIS
FIGURE 4: OPPORTUNITY MATRIX
FIGURE 5: VENDOR LANDSCAPE
FIGURE 6: VALUE CHAIN ANALYSIS
FIGURE 7: CHINA PREPREG MARKET, GROWTH POTENTIAL, BY RESIN TYPE, IN 2020
FIGURE 8: CHINA PREPREG MARKET, BY THERMOSET, 2021-2026 (IN $ MILLION)
FIGURE 9: CHINA PREPREG MARKET, BY THERMOPLASTIC, 2021-2026 (IN $ MILLION)
FIGURE 10: CHINA PREPREG MARKET, GROWTH POTENTIAL, BY MANUFACTURING PROCESS, IN 2020
FIGURE 11: CHINA PREPREG MARKET, BY HOT MELT, 2021-2026 (IN $ MILLION)
FIGURE 12: CHINA PREPREG MARKET, BY SOLVENT DIP, 2021-2026 (IN $ MILLION)
FIGURE 13: CHINA PREPREG MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020
FIGURE 14: CHINA PREPREG MARKET, BY CARBON FIBER, 2021-2026 (IN $ MILLION)
FIGURE 15: CHINA PREPREG MARKET, BY GLASS FIBER, 2021-2026 (IN $ MILLION)
FIGURE 16: CHINA PREPREG MARKET, BY ARAMID FIBER, 2021-2026 (IN $ MILLION)
FIGURE 17: CHINA PREPREG MARKET, GROWTH POTENTIAL, BY END-USER, IN 2020
FIGURE 18: CHINA PREPREG MARKET, BY AEROSPACE & DEFENSE, 2021-2026 (IN $ MILLION)
FIGURE 19: CHINA PREPREG MARKET, BY WIND ENERGY, 2021-2026 (IN $ MILLION)
FIGURE 20: CHINA PREPREG MARKET, BY AUTOMOTIVE, 2021-2026 (IN $ MILLION)
FIGURE 21: CHINA PREPREG MARKET, BY SPORTING GOODS, 2021-2026 (IN $ MILLION)
FIGURE 22: CHINA PREPREG MARKET, BY PCB & OTHER SECTORS, 2021-2026 (IN $ MILLION)
- MARKET BY RESIN TYPE (IN TERMS OF REVENUE: $ MILLION & IN TERMS OF VOLUME: KILOTONS)
- THERMOSET
- THERMOPLASTIC
- MARKET BY MANUFACTURING PROCESS (IN TERMS OF REVENUE: $ MILLION & IN TERMS OF VOLUME: KILOTONS)
- HOT MELT
- SOLVENT DIP
- MARKET BY TYPE (IN TERMS OF REVENUE: $ MILLION & IN TERMS OF VOLUME: KILOTONS)
- CARBON FIBER
- GLASS FIBER
- ARAMID FIBER
- MARKET BY END-USER (IN TERMS OF REVENUE: $ MILLION & IN TERMS OF VOLUME: KILOTONS)
- AEROSPACE & DEFENSE
- WIND ENERGY
- AUTOMOTIVE
- SPORTING GOODS
- PCB & OTHER SECTORS
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