Tow Prepreg Market Opportunitites and Global Analysis by 2028

    Tow Prepreg Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Fiber Type (Carbon, Glass, and Others), Resin Type (Epoxy, Phenolic, and Others), and End-Use Industry (Aerospace and Defense, Automotive and Transportation, Sports and Recreational, Oil and Gas and Others)

    Publication Month: Apr 2021 | Report Code: TIPRE00020903 | No. of Pages: 162 | Category: Chemicals and Materials | Status: Published

    The tow prepreg market was valued at US$ 577.15 million in 2019 and is projected to reach US$ 1,544.41 million by 2028; it is expected to grow at a CAGR of 11.7% from 2020 to 2028.

    Tow prepregs are composed of glass fiber filament, carbon, and duro plastic resin which acts as a binding material. The expanding applications of tow prepregs across diversified industrial bases along with growing demand for lightweight and cost-efficient materials drive the growth of the tow prepreg market. Rapid urbanization coupled with economic growth and significant investment in research and development activities are also expected to promote the demand for tow prepregs during the forecast period.

    Asia Pacific is expected to become the fastest growing market in the global tow prepreg market in forecast period. The market growth tow prepreg in this region is primarily attributed to the presence of strong industrial base along with prominent manufactures significantly contributing to market growth. Further, the growth of automotive and transportation industry backed by the shift in living standards and high growth potential in China, India, and other such economies are significantly propelling the demand for tow prepreg. The rising foreign direct investments along with increasing manufacturing spending toward better product offerings offer lucrative opportunities for the market growth in Asia Pacific. The upsurge in the middle-class population along with growth in urbanization provides drives the growth of the tow prepreg market. The Asia Pacific manufacturing sector is rapidly adopting the innovative accelerators that include advanced technologies and processes. The easy accessibility and availability of raw materials, cheap labor, and low production cost accelerate the market growth in the region.

    The COVID-19 has adversely affecting economies and industries in various countries due to government-imposed lockdowns, travel bans, and business shutdowns. The chemical & materials is one of the major industries suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns. The shutdown of various plants and factories in North America, Europe, Asia Pacific, South America, and the Middle East and Africa has restricted the global supply chain and negatively impacted the manufacturing activities, delivery schedules, and product sales. Furthermore, various companies have already predicted possible delays in product deliveries and slump in future sales of their products. The travel bans imposed by countries in Europe, Asia, and North America are hindering the business collaborations and partnerships opportunities. All these factors are hampering the activities in the chemical & materials industry, which are restraining the growth of various markets related to this industry. Many countries are now resuming to normalcy, whereas many are experiencing second wave of the outbreak. In addition, due to vaccination drives, situations are changing now across the globe.

    Geographic Overview of Tow Prepreg Market

    Geographic Overview of Tow Prepreg Market

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    Market Insights


    Surge in Demand for Lightweight and Cost-Efficient Materials

    The demand for lightweight materials with high tensile strength is on the rise among several sectors, including automotive and transportation, aerospace, marine, and construction. The use of lightweight materials has a direct impact on the overall dynamics and structure of the components in which they are used. Tow Prepreg is one such compound material, which is preimpregnated with resin to increase its productivity and eliminate the use of resin coating. It is known to possess good elasticity, high dimensional stability, excellent mechanical and electrical properties, and strength. Lightweight nature and cost-efficiency make tow prepreg an ideal component across several application bases. The demand for tow prepreg compounds has considerably increased across various industries, owing to rise in advancements and innovations in these industries. Weight, along with strength, has become a significant factor for the performance of a vehicle. For instance, a slight reduction in the weight can improve the performance of a vehicle. This has offered a great opportunity for the growth of the tow prepreg market in global scenario. Composites have become a core strategic material for automotive and transportation Original Equipment Manufacturers (OEMs), as well as aerospace components. Moreover, the growing preference toward cost-effective composite materials in price-sensitive industries has motivated the prepreggers to adopt less costly but energy-intensive fiber precursors such as tow prepreg. All such factors are expected to boost the demand for tow prepreg.

    Fiber Type Insights

    The global Tow Prepreg market, by fiber type, is segmented into carbon, glass, and others. Carbon fiber tow is a thread utilized to weave carbon fiber fabrics. The carbon fiber tow prepreg is highly demanded from the end-use industries such as automotive & transportation, aerospace & defense, and sports & recreational sectors. This fiber has the highest strength modulus than the other fiber types. This tow prepreg also possesses high tensile strength & elastic modulus. Companies such as ENEOS Corporation are manufacturing and selling carbon fiber composite materials. Combining the independently developed resins along with pitch-fiber type & PAN-fiber type carbon fibers as well as the customer-requested fibers, including glass fibers & engineering plastic fibers, the company develops tow prepregs according to the needs of the customers.

    Resin Type Insights

    The global Tow Prepreg market, by resin type, is segmented into epoxy, phenolic and others. The epoxy segment led the market with the largest share in 2019. Epoxy compounds or glycidyl compounds comprise glycidyl esters, diglycidyl esters, and glycidyl amines as other fiber types of epoxy compounds, which are known as reactive diluents and are further added to basic resins to adjust performance features. Amongst various fiber types of epoxy resins produced, the diglycidyl ether of bisphenol-A (DGEBPA)-fiber type resins have gained prominence acceptance owing to their versatility. Epoxy possesses a robust structural length and a strong binding factor, which makes it a widely applicable element for filling up voids between the parts. An epoxy is composed of two parts that must be mixed approximately. Epoxies are available in various squeezing styles and different sizes. Different epoxies have multiple functions such as protective covering, filling, and mending. The function of the epoxy resin is to provide a strong binding characteristic to the epoxy tow prepreg composites. In addition, epoxy resin provides high tensile strength, wettability, high chemical and environmental resistance, strong adhesion, and better electrical properties.

    End-Use Industry Insights

    The global tow prepreg market, by end-use industry, is segmented into aerospace and defense, automotive and transportation, sports and recreational, oil and gas, and others. The aerospace and defense segment led the market with the largest share in 2019. A composite material typically consists of relatively strong and stiff fibers in a tough resin matrix. Innovative lightweight structures, along with highly complex aircraft components, are made of modern lightweight materials such as carbon fiber tow prepreg. Compared with conventional production technologies for various composite materials, this hybrid material also processes technology that obtains short cycle times, functional integration, optimum material usage, high freedom of design, and less rework. To produce the cabin, cargo, and other aircraft components, a direct implementation of metallic elements, including inserts, and the use of this composite can be realized. Furthermore, this process technology can be fully automated to yield an increased economic efficiency. Current composite aircraft interior components often use glass fiber/phenolic sandwich construction, characterized by low buy-to-fly material usage, high cycle times, and extensive rework/finishing.

    Tow prepreg market, by End-Use Industry – 2019 and 2028

    Tow Prepregs Market, by End-Use Industry – 2019 and 2028

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    Strategic Insights

    A few key players operating in the global tow prepreg market are Mitsubishi Chemical Corporation; Hexcel Corporation.; Teijin Limited; Toray Industries Inc.; and SGL Carbon. Major market players are focused on strategies such as mergers and acquisitions, and product launches to increase their geographical presence and consumer base globally. For instance, in 2020, Mitsubishi Chemical Corporation announced the acquisition of a German Carbon Fiber Prepreg Manufacturer, c-m-p GmbH, which has excellent production technology of unidirectional/fabric prepreg and offers solutions to several markets, especially in the automotive and aerospace areas. By this acquisition, Mitsubishi Chemical Corporation will have prepreg factories in Europe, the US, and Japan.

    Report Spotlights

    • Progressive industry trends in the global tow prepreg market to help players develop effective long-term strategies
    • Business growth strategies adopted by developed and developing markets
    • Quantitative analysis of the market from 2017 to 2028
    • Estimation of the demand for tow prepregs across various industries
    • PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
    • Recent developments to understand the competitive market scenario and the demand for tow prepregs.
    • Market trends and outlook coupled with factors driving and restraining the growth of the tow prepreg market.
    • Decision-making process by understanding strategies that underpin commercial interest with regard to global tow prepreg market growth
    • Tow prepreg market size at various nodes of market
    • Detailed overview and segmentation of the global tow prepreg market as well as its dynamics in the industry
    • Tow Prepreg market size in various regions with promising growth opportunities

    Tow Prepreg Market, by Fiber Type

    • Carbon
    • Glass
    • Others

    Tow Prepreg Market, by Resin Type

    • Epoxy
    • Phenolic
    • Others

    Tow Prepreg Market, by End-Use Industry

    • Aerospace and Defense
    • Automotive and Transportation
    • Sports and Recreational
    • Oil and Gas
    • Others

    Company Profiles

    • Arisawa Manufacturing Co., Ltd.
    • Mitsubishi Chemical Corporation
    • Red Composites Ltd
    • SGL Carbon
    • TCR Composites, Inc.
    • Teijin Limited
    • ENEOS Corporation
    • HEXCEL CORPORATION
    • PORCHER INDUSTRIES
    • TORAY INDUSTRIES, INC.

    1. Introduction

    1.1 Study Scope

    1.2 The Insight Partners Research Report Guidance

    1.3 Market Segmentation

    2. Key Takeaways

    3. Research Methodology

    3.1 Scope of the Study

    3.2 Research Methodology

    3.2.1 Data Collection:

    3.2.2 Primary Interviews:

    3.2.3 Hypothesis formulation:

    3.2.4 Macro-economic factor analysis:

    3.2.5 Developing base number:

    3.2.6 Data Triangulation:

    3.2.7 Country level data:

    4. Tow Prepreg Market Landscape

    4.1 Market Overview

    4.2 PEST Analysis

    4.2.1 North America

    4.2.2 Europe

    4.2.3 APAC

    4.2.4 MEA

    4.2.5 SAM

    4.3 Expert Opinion

    5. Tow Prepreg Market – Key Market Dynamics

    5.1 Market Drivers

    5.1.1 Growth of Automotive and transportation Industry

    5.1.2 Surge in Demand for Lightweight and Cost-Efficient Materials

    5.2 Market Restraints

    5.2.1 High Cost of Carbon Fiber and Other Such Raw Materials

    5.3 Market Opportunities

    5.3.1 Rising Demand for Tow Prepregs from Diverse Application Bases

    5.4 Future Trends

    5.4.1 Significant Research and Technological Developments in Tow Prepeg Industry

    5.5 Impact Analysis of Drivers and Restraints

    6. Tow Prepreg – Global Market Analysis

    6.1 Tow Prepreg Market Overview

    6.2 Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    6.3 Market Positioning – Global Market Players

    7. Tow Prepreg Market Analysis – By Fiber type

    7.1 Overview

    7.2 Tow Prepreg Market, By Fiber type (2019 and 2028)

    7.3 Carbon

    7.3.1 Overview

    7.3.2 Carbon: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Mn)

    7.4 Glass

    7.4.1 Overview

    7.4.2 Glass: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Mn)

    7.5 Others

    7.5.1 Overview

    7.5.2 Others: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Mn)

    8. Tow Prepreg Market Analysis – By Resin Type

    8.1 Overview

    8.2 Tow Prepreg Market, By Resin type (2019 and 2028)

    8.3 Epoxy

    8.3.1 Overview

    8.3.2 Epoxy: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Mn)

    8.4 Phenolic

    8.4.1 Overview

    8.4.2 Phenolic: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Mn)

    8.5 Others

    8.5.1 Overview

    8.5.2 Others: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Mn)

    9. Tow Prepreg Market Analysis – By End-Use Industry

    9.1 Overview

    9.2 Tow Prepreg Market, By End-Use Industry (2019 and 2028)

    9.3 Aerospace and Defense

    9.3.1 Overview

    9.3.2 Aerospace and Defense: Tow prepreg Market – Revenue and Forecast to 2028 (US$ Mn)

    9.4 Automotive and Transportation

    9.4.1 Overview

    9.4.2 Automotive and Transportation: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Mn)

    9.5 Sports and Recreational

    9.5.1 Overview

    9.5.2 Sports and Recreational: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Mn)

    9.6 Oil and Gas

    9.6.1 Overview

    9.6.2 Oil and Gas: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Mn)

    9.7 Others

    9.7.1 Overview

    9.7.2 Others: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Mn)

    10. Tow Prepreg Market – Geographic Analysis

    10.1 Overview

    10.2 North America: Tow Prepreg Market

    10.2.1 North America: Tow Prepreg Market –Revenue and Forecast to 2028(US$ Million)

    10.2.2 North America: Tow Prepreg Market, Fiber Type

    10.2.3 North America: Tow Prepreg Market, Resin Type

    10.2.4 North America: Tow Prepreg Market, End-Use Industry

    10.2.5 North America: Tow Prepreg Market, by Key Country

    10.2.5.1 US: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    10.2.5.1.1 US: Tow Prepreg Market, Fiber Type

    10.2.5.1.2 US: Tow Prepreg Market, Resin Type

    10.2.5.1.3 US: Tow Prepreg Market, End-Use Industry

    10.2.5.2 Canada: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    10.2.5.2.1 Canada: Tow Prepreg Market, Fiber Type

    10.2.5.2.2 Canada: Tow Prepreg Market, Resin Type

    10.2.5.2.3 Canada: Tow Prepreg Market, End-Use Industry

    10.2.5.3 Mexico: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    10.2.5.3.1 Mexico: Tow Prepreg Market, Fiber Type

    10.2.5.3.2 Mexico: Tow Prepreg Market, Resin Type

    10.2.5.3.3 Mexico: Tow Prepreg Market, End-Use Industry

    10.3 Europe: Tow Prepreg Market

    10.3.1 Europe: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    10.3.2 Europe: Tow Prepreg Market, Fiber Type

    10.3.3 Europe: Tow Prepreg Market, Resin Type

    10.3.4 Europe: Tow Prepreg Market, End-Use Industry

    10.3.5 Europe: Tow Prepreg Market, by Key Country

    10.3.5.1 Germany: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    10.3.5.1.1 Germany: Tow Prepreg Market, Fiber Type

    10.3.5.1.2 Germany: Tow Prepreg Market, Resin Type

    10.3.5.1.3 Germany: Tow Prepreg Market, End-Use Industry

    10.3.5.2 France: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    10.3.5.2.1 France: Tow Prepreg Market, Fiber Type

    10.3.5.2.2 France: Tow Prepreg Market, Resin Type

    10.3.5.2.3 France: Tow Prepreg Market, End-Use Industry

    10.3.5.3 Italy: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    10.3.5.3.1 Italy: Tow Prepreg Market, Fiber Type

    10.3.5.3.2 Italy: Tow Prepreg Market, Resin Type

    10.3.5.3.3 Italy: Tow Prepreg Market, End-Use Industry

    10.3.5.4 UK: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    10.3.5.4.1 UK: Tow Prepreg Market, Fiber Type

    10.3.5.4.2 UK: Tow Prepreg Market, Resin Type

    10.3.5.4.3 UK: Tow Prepreg Market, End-Use Industry

    10.3.5.5 Rest of Europe: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    10.3.5.5.1 Rest of Europe: Tow Prepreg Market, Fiber Type

    10.3.5.5.2 Rest of Europe: Tow Prepreg Market, Resin Type

    10.3.5.5.3 Rest of Europe: Tow Prepreg Market, End-Use Industry

    10.4 Asia Pacific: Tow Prepreg Market

    10.4.1 Asia Pacific: Tow Prepreg Market – Revenue and Forecast to 2028(US$ Million)

    10.4.2 Asia Pacific: Tow Prepreg Market, Fiber Type

    10.4.3 Asia Pacific: Tow Prepreg Market, Resin Type

    10.4.4 Asia Pacific: Tow Prepreg Market, End-Use Industry

    10.4.5 Asia Pacific: Tow Prepreg Market, by Key Country

    10.4.5.1 China: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    10.4.5.1.1 China: Tow Prepreg Market, Fiber Type

    10.4.5.1.2 China: Tow Prepreg Market, Resin Type

    10.4.5.1.3 China: Tow Prepreg Market, End-Use Industry

    10.4.5.2 Australia: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    10.4.5.2.1 Australia: Tow Prepreg Market, Fiber Type

    10.4.5.2.2 Australia: Tow Prepreg Market, Resin Type

    10.4.5.2.3 Australia: Tow Prepreg Market, End-Use Industry

    10.4.5.3 Japan: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    10.4.5.3.1 Japan: Tow Prepreg Market, Fiber Type

    10.4.5.3.2 Japan: Tow Prepreg Market, Resin Type

    10.4.5.3.3 Japan: Tow Prepreg Market, End-Use Industry

    10.4.5.4 India: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    10.4.5.4.1 India: Tow Prepreg Market, Resin Type

    10.4.5.4.2 India: Tow Prepreg Market, Fiber Type

    10.4.5.4.3 India: Tow Prepreg Market, End-Use Industry

    10.4.5.5 South Korea: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    10.4.5.5.1 South Korea: Tow Prepreg Market, Fiber Type

    10.4.5.5.2 South Korea: Tow Prepreg Market, Resin Type

    10.4.5.5.3 South Korea: Tow Prepreg Market, End-Use Industry

    10.4.5.6 Rest of Asia Pacific: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    10.4.5.6.1 Rest of Asia Pacific: Tow Prepreg Market, Fiber Type

    10.4.5.6.2 Rest of Asia Pacific: Tow Prepreg Market, Resin Type

    10.4.5.6.3 Rest of Asia Pacific: Tow Prepreg Market, End-Use Industry

    10.5 MEA: Tow Prepreg Market

    10.5.1 MEA: Tow Prepreg Market – Revenue and Forecast to 2028(US$ Million)

    10.5.2 MEA: Tow Prepreg Market, Fiber Type

    10.5.3 MEA: Tow Prepreg Market, Resin Type

    10.5.4 MEA: Tow Prepreg Market, End-Use Industry

    10.5.5 MEA: Tow Prepreg Market, by Key Country

    10.5.5.1 South Africa: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    10.5.5.1.1 South Africa: Tow Prepreg Market, Fiber Type

    10.5.5.1.2 South Africa: Tow Prepreg Market, Resin Type

    10.5.5.1.3 South Africa: Tow Prepreg Market, End-Use Industry

    10.5.5.2 Saudi Arabia: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    10.5.5.2.1 Saudi Arabia: Tow Prepreg Market, Fiber Type

    10.5.5.2.2 Saudi Arabia: Tow Prepreg Market, Resin Type

    10.5.5.2.3 Saudi Arabia: Tow Prepreg Market, End-Use Industry

    10.5.5.3 UAE: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    10.5.5.3.1 UAE: Tow Prepreg Market, Fiber Type

    10.5.5.3.2 UAE: Tow Prepreg Market, Resin Type

    10.5.5.3.3 UAE: Tow Prepreg Market, End-Use Industry

    10.5.5.4 Rest of MEA: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    10.5.5.4.1 Rest of MEA: Tow Prepreg Market, Fiber Type

    10.5.5.4.2 Rest of MEA: Tow Prepreg Market, Resin Type

    10.5.5.4.3 Rest of MEA: Tow Prepreg Market, End-Use Industry

    10.6 South America: Tow Prepreg Market

    10.6.1 South: Tow Prepreg Market –Revenue and Forecast to 2028(US$ Million)

    10.6.2 South America: Tow Prepreg Market, by Fiber Type

    10.6.3 South America: Tow Prepreg Market, by Resin Type

    10.6.4 South America: Tow Prepreg Market, by End-Use Industry

    10.6.5 South America: Tow Prepreg Market, by Key Country

    10.6.5.1 Brazil: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    10.6.5.1.1 Brazil: Tow Prepreg Market, by Fiber Type

    10.6.5.1.2 Brazil: Tow Prepreg Market, by Resin Type

    10.6.5.1.3 Brazil: Tow Prepreg Market, by End-Use Industry

    10.6.5.2 Argentina: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    10.6.5.2.1 Argentina: Tow Prepreg Market, by Fiber Type

    10.6.5.2.2 Argentina: Tow Prepreg Market, by Resin Type

    10.6.5.2.3 Argentina: Tow Prepreg Market, by End-Use Industry

    10.6.5.3 Rest of South America: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    10.6.5.3.1 Rest of South America: Tow Prepreg Market, by Fiber Type

    10.6.5.3.2 Rest of South America: Tow Prepreg Market, by Resin Type

    10.6.5.3.3 Rest of South America: Tow Prepreg Market, by End-Use Industry

    11. Impact of COVID-19 Pandemic on Global Tow Prepregs Market

    11.1 Overview

    11.2 Impact of COVID-19 on Tow Prepeg Market

    11.3 North America: Impact Assessment of COVID-19 Pandemic

    11.4 Europe: Impact Assessment of COVID-19 Pandemic

    11.5 Asia-Pacific: Impact Assessment of COVID-19 Pandemic

    11.6 Middle East & Africa: Impact Assessment of COVID-19 Pandemic

    11.7 South America: Impact Assessment of COVID-19 Pandemic

    12. Industry Landscape

    12.1 Product News

    12.2 Mergers and Acquisitions

    12.3 Market Initiatives

    13. Company Profiles

    13.1 Arisawa Manufacturing Co., Ltd.

    13.1.1 Key Facts

    13.1.2 Business Description

    13.1.3 Products and Services

    13.1.4 Financial Overview

    13.1.5 SWOT Analysis

    13.1.6 Key Developments

    13.2 Mitsubishi Chemical Corporation

    13.2.1 Key Facts

    13.2.2 Business Description

    13.2.3 Products and Services

    13.2.4 Financial Overview

    13.2.5 SWOT Analysis

    13.2.6 Key Developments

    13.3 Red Composites Ltd

    13.3.1 Key Facts

    13.3.2 Business Description

    13.3.3 Products and Services

    13.3.4 Financial Overview

    13.3.5 SWOT Analysis

    13.3.6 Key Developments

    13.4 SGL Carbon

    13.4.1 Key Facts

    13.4.2 Business Description

    13.4.3 Products and Services

    13.4.4 Financial Overview

    13.4.5 SWOT Analysis

    13.4.6 Key Developments

    13.5 TCR Composites, Inc.

    13.5.1 Key Facts

    13.5.2 Business Description

    13.5.3 Products and Services

    13.5.4 Financial Overview

    13.5.5 SWOT Analysis

    13.5.6 Key Developments

    13.6 Teijin Limited

    13.6.1 Key Facts

    13.6.2 Business Description

    13.6.3 Products and Services

    13.6.4 Financial Overview

    13.6.5 SWOT Analysis

    13.6.6 Key Developments

    13.7 ENEOS Corporation

    13.7.1 Key Facts

    13.7.2 Business Description

    13.7.3 Products and Services

    13.7.4 Financial Overview

    13.7.5 SWOT Analysis

    13.7.6 Key Developments

    13.8 HEXCEL CORPORATION

    13.8.1 Key Facts

    13.8.2 Business Description

    13.8.3 Products and Services

    13.8.4 Financial Overview

    13.8.5 SWOT Analysis

    13.8.6 Key Developments

    13.9 PORCHER INDUSTRIES

    13.9.1 Key Facts

    13.9.2 Business Description

    13.9.3 Products and Services

    13.9.4 Financial Overview

    13.9.5 SWOT Analysis

    13.9.6 Key Developments

    13.10 TORAY INDUSTRIES, INC.

    13.10.1 Key Facts

    13.10.2 Business Description

    13.10.3 Products and Services

    13.10.4 Financial Overview

    13.10.5 SWOT Analysis

    13.10.6 Key Developments

    14. Appendix

    14.1 About The Insight Partners

    14.2 Glossary of Terms

    LIST OF TABLES

    Table 1. Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    Table 2. North America Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 3. North America Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 4. North America Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 5. US Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 6. US Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 7. US Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 8. Canada Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 9. Canada Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 10. Canada Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 11. Mexico Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 12. Mexico Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 13. Mexico Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 14. Europe Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 15. Europe Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 16. Europe Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 17. Germany Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 18. Germany Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 19. Germany Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 20. France Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 21. France Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 22. France Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 23. Italy Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 24. Italy Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 25. Italy Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 26. UK Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 27. UK Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 28. UK Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 29. Rest of Europe Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 30. Rest of Europe Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 31. Rest of Europe Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 32. Asia Pacific Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 33. Asia Pacific Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 34. Asia Pacific Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 35. China Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 36. China Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 37. China Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 38. Australia Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 39. Australia Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 40. Australia Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 41. Japan Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 42. Japan Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 43. Japan Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 44. India Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 45. India Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 46. India Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 47. South Korea Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 48. South Korea Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 49. South Korea Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 50. Rest of APAC Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 51. Rest of APAC Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 52. Rest of APAC Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 53. MEA Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 54. MEA Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 55. MEA Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 56. South Africa Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 57. South Africa Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 58. South Africa Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 59. Saudi Arabia Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 60. Saudi Arabia Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 61. Saudi Arabia Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 62. UAE Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 63. UAE Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 64. UAE Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 65. Rest of MEA Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 66. Rest of MEA Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 67. Rest of MEA Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 68. SAM Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 69. AM Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 70. SAM Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 71. Brazil Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 72. Brazil Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 73. Brazil Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 74. Argentina Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 75. Argentina Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 76. Argentina Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 77. Rest of SAM Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)

    Table 78. Rest of SAM Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)

    Table 79. Rest of SAM Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)

    Table 80. Glossary of Terms, Almond Flour Market

    LIST OF FIGURES

    Figure 1. Tow Prepreg Market Segmentation

    Figure 2. Tow Prepreg Market Segmentation – By Geography

    Figure 3. Global Tow Prepreg Market Overview

    Figure 4. Automotive and transportation Industry is Fastest Growing Segment in Global Tow Prepreg Market

    Figure 5. Asia Pacific Region Held Largest Share of Global Tow Prepreg Market

    Figure 6. Global Tow Prepreg Market, Industry Landscape

    Figure 7. North America PEST Analysis

    Figure 8. Europe: PEST Analysis

    Figure 9. APAC: PEST Analysis

    Figure 10. MEA: PEST Analysis

    Figure 11. SAM: PEST Analysis

    Figure 12. Expert Opinion

    Figure 13. Tow Prepeg Market Impact Analysis of Driver and Restraints

    Figure 14. Geographic Overview of Tow Prepreg Market

    Figure 15. Global: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 16. Tow Prepreg Market Revenue Share, By Fiber type (2019 and 2028)

    Figure 17. Carbon: Tow Prepreg Market – Revenue and Forecast To 2028 (US$ Mn)

    Figure 18. Glass: Tow Prepreg Market – Revenue and Forecast To 2028 (US$ Mn)

    Figure 19. Others: Tow Prepreg Market – Revenue and Forecast To 2028 (US$ Mn)

    Figure 20. Tow Prepreg Market Revenue Share, By Resin type (2019 and 2028)

    Figure 21. Epoxy: Tow Prepreg Market – Revenue and Forecast To 2028 (US$ Mn)

    Figure 22. Phenolic: Tow Prepreg Market – Revenue and Forecast To 2028 (US$ Mn)

    Figure 23. Others: Tow Prepreg Market – Revenue and Forecast To 2028 (US$ Mn)

    Figure 24. Tow Prepreg Market Revenue Share, By End-Use Industry (2019 and 2028)

    Figure 25. Aerospace and Defense: Tow prepreg Market – Revenue and Forecast To 2028 (US$ Mn)

    Figure 26. Automotive and Transportation: Tow Prepreg Market – Revenue and Forecast To 2028 (US$ Mn)

    Figure 27. Sports and Recreational: Tow Prepreg Market – Revenue and Forecast To 2028 (US$ Mn)

    Figure 28. Oil and Gas: Tow Prepreg Market – Revenue and Forecast To 2028 (US$ Mn)

    Figure 29. Others: Tow Prepreg Market – Revenue and Forecast To 2028 (US$ Mn)

    Figure 30. Global Tow Prepreg Market Revenue Share, by Region (2019 and 2028)

    Figure 31. North America: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 32. North America: Tow Prepreg Market Revenue Share, Fiber Type (2019 and 2028)

    Figure 33. North America: Tow Prepreg Market Revenue Share, Resin Type (2019 and 2028)

    Figure 34. North America: Tow Prepreg Market Revenue Share, End-Use Industry (2019 and 2028)

    Figure 35. North America: Tow prepreg Market Revenue Share, by Key Country (2019 and 2028)

    Figure 36. US: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 37. Canada: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 38. Mexico: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 39. Europe: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 40. Europe: Tow Prepreg Market Revenue Share, Fiber Type (2019 and 2028)

    Figure 41. Europe: Tow Prepreg Market Revenue Share, Resin Type (2019 and 2028)

    Figure 42. Europe: Tow Prepreg Market Revenue Share, End-Use Industry (2019 and 2028)

    Figure 43. Europe: Tow Prepreg Market Revenue Share, by Key Country (2019 and 2028)

    Figure 44. Germany: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 45. France: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 46. Italy: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 47. UK: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 48. Rest of Europe: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 49. Asia Pacific: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 50. Asia Pacific: Tow Prepreg Market Revenue Share, Fiber Type (2019 and 2028)

    Figure 51. Asia Pacific: Tow Prepreg Market Revenue Share, Resin Type (2019 and 2028)

    Figure 52. Asia Pacific: Tow Prepreg Market Revenue Share, End-Use Industry (2019 and 2028)

    Figure 53. Asia Pacific: Tow Prepreg Market Revenue Share, by Key Country (2019 and 2028)

    Figure 54. China: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 55. Australia: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 56. Japan: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 57. India: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 58. South Korea: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 59. Rest of Asia Pacific: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 60. MEA: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 61. MEA: Tow Prepreg Market Revenue Share, Fiber Type (2019 and 2028)

    Figure 62. MEA: Tow Prepreg Market Revenue Share, Resin Type (2019 and 2028)

    Figure 63. MEA: Tow Prepreg Market Revenue Share, End-Use Industry (2019 and 2028)

    Figure 64. MEA: Tow Prepreg Market Revenue Share, by Key Country (2019 and 2028)

    Figure 65. South Africa: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 66. Saudi Arabia: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 67. UAE: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 68. Rest of MEA: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 69. South America: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 70. South America: Tow Prepreg Market Revenue Share, by Fiber Type (2019 and 2028)

    Figure 71. South America: Tow Prepreg Market Revenue Share, by Resin Type (2019 and 2028)

    Figure 72. South America: Tow Prepreg Market Revenue Share, by End-Use Industry (2019 and 2028)

    Figure 73. North America: Tow Prepreg Market Revenue Share, by Key Country (2019 and 2028)

    Figure 74. Brazil: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 75. Argentina: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 76. Rest of South America: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 77. Impact of COVID-19 Pandemic in North American Country Markets

    Figure 78. Impact of COVID-19 Pandemic in Europe Country Markets

    Figure 79. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

    Figure 80. Impact of COVID-19 Pandemic in Middle East & Africa Country Markets

    Figure 81. Impact of COVID-19 Pandemic in South America Country Markets

    The List of Companies - Tow Prepreg Market

    1. Arisawa Manufacturing Co., Ltd.
    2. Mitsubishi Chemical Corporation
    3. Red Composites Ltd
    4. SGL Carbon
    5. TCR Composites, Inc.
    6. Teijin Limited
    7. ENEOS Corporation
    8. HEXCEL CORPORATION
    9. PORCHER INDUSTRIES
    10. TORAY INDUSTRIES, INC.
    • Highlights key business priorities in order to assist companies to realign their business strategies.

    • The key findings and recommendations highlight crucial progressive industry trends in the global Tow Prepreg market, thereby allowing players to develop effective long-term strategies.

    • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

    • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.

    • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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    Frequently Asked Questions

    The major players operating in the global tow prepreg market are Arisawa Manufacturing CO., LTD.; Eneos Corporation; Hexcel Corporation; Mitsubishi Chemical Corporation; Porcher Industries; Red Composites LTD; SGL Carbon; TCR Composites, Inc.; Teijin Limited; Toray Industries, Inc. among many others.
    Asia Pacific is expected to fastest growing market in the global tow prepregs market in forecasted period. The growth of the tow prepregs market in this region is primarily attributed to the presence of strong industrial base along with prominent manufactures significantly contributing to market growth. Further, the growth of automotive and transportation industry backed by shift in living standards and high growth potential in China, India, and other such economies, which are significantly contributing to surge in demand for tow prepregs. The region encompasses an ample amount of opportunities for the growth of the market attributable to the rise in foreign direct investments along with rise in manufacturing spending towards better product offerings. The upsurge in the middle-class population along with growth in urbanization provides impetus for the growth of the tow prepregs market. The Asia Pacific manufacturing sector is rapidly adopting the innovation accelerators that include advanced technologies and processes. The easy accessibility and availability of raw materials coupled with cheap labor and low production cost are yet another factor that bode well the market demand in the region.
    The automotive and transportation industry segment is the fastest growing segment in the global tow prepregs market for the forecasted period. The growth of the segment is attributable to surging demand of improved materials with environment friendliness and cost-efficiency. With the expansion in the automotive and transportation industry, the demand for prepregs is set to rise. For instance, companies such as Ford Motor Co. are deploying the use of prepregs and other materials to produce rear suspension knuckle. Hence, with the rise in demand for prepregs, manufacturers have come up better form of precursors such as tow prepreg and others. These fiber precursors are preferred over other traditional materials owing to their properties such as tensile strength along with limited curing time, uniformity and consistency, lightweight, better friction, and others, which make them ideal to be used across various applications in automotive and transportation industry. Moreover, they can ideally be used to suit the dynamic requirements of the processing industry.

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