Table of Content

1 INTRODUCTION 32
1.1 OBJECTIVES OF THE STUDY 32
1.2 MARKET DEFINITION 32
1.3 INCLUSIONS & EXCLUSIONS 33
1.4 MARKET SCOPE 34
1.4.1 MARKET SEGMENTATION 34
1.4.2 REGIONS COVERED 34
1.4.3 YEARS CONSIDERED FOR THE STUDY 35
1.5 CURRENCY 35
1.6 UNIT CONSIDERED 35
1.7 LIMITATIONS 35
1.8 STAKEHOLDERS 36
2 RESEARCH METHODOLOGY 37
2.1 BASE NUMBER CALCULATION 37
2.1.1 SUPPLY-SIDE APPROACH 37
2.1.2 DEMAND-SIDE APPROACH 37
2.2 FORECAST NUMBER CALCULATION 37
2.2.1 SUPPLY-SIDE 37
2.2.2 DEMAND-SIDE 38
2.3 RESEARCH DATA 38
2.3.1 SECONDARY DATA 38
2.3.2 PRIMARY DATA 38
2.3.2.1 Primary interviews – Top tow prepreg manufacturers 39
2.3.2.2 Breakdown of primary interviews 39
2.3.2.3 Key industry insights 40
2.4 MARKET SIZE ESTIMATION 40
2.4.1 BOTTOM-UP APPROACH 40
2.4.2 TOP-DOWN APPROACH 41
2.5 DATA TRIANGULATION 42
2.6 FACTOR ANALYSIS 43
2.7 ASSUMPTIONS 43
2.8 LIMITATIONS & RISKS 44
3 EXECUTIVE SUMMARY 45
TABLE 1 TOW PREPREG MARKET SIZE, 2017–2020 45
TABLE 2 TOW PREPREG MARKET SIZE, 2021–2026 45
FIGURE 4 CARBON WAS MAJOR FIBER TYPE OF TOW PREPREG IN 2020 46
FIGURE 5 OIL & GAS DOMINATED TOW PREPREG MARKET IN 2020 46
FIGURE 6 PRESSURE VESSELS WAS MAJOR APPLICATION OF TOW PREPREG IN 2020 47
FIGURE 7 APAC TO REGISTER HIGHEST CAGR BETWEEN 2021 AND 2026 47
4 PREMIUM INSIGHTS 49
4.1 ATTRACTIVE OPPORTUNITIES IN TOW PREPREG MARKET 49
FIGURE 8 HIGH DEMAND FROM OIL & GAS INDUSTRY TO DRIVE THE MARKET 49
4.2 TOW PREPREG MARKET, BY APPLICATION AND REGION 49
FIGURE 9 EUROPE ACCOUNTED FOR LARGEST MARKET SHARE 49
4.3 TOW PREPREG MARKET, BY END-USE INDUSTRY 50
FIGURE 10 OIL & GAS INDUSTRY TO DOMINATE OVERALL TOW PREPREG MARKET 50
4.4 TOW PREPREG MARKET, BY FIBER TYPE 50
FIGURE 11 GLASS FIBER TYPE ACCOUNTED FOR LARGER SHARE OF OVERALL TOW PREPREG MARKET 50
4.5 TOW PREPREG MARKET, BY RESIN TYPE 51
FIGURE 12 EPOXY RESIN TYPE ACCOUNTS FOR LARGEST SHARE OF OVERALL TOW PREPREG MARKET 51
4.6 TOW PREPREG MARKET, BY COUNTRY 51
FIGURE 13 CHINA TO REGISTER HIGHEST CAGR IN TOW PREPREG MARKET 51
5 MARKET OVERVIEW 52
5.1 INTRODUCTION 52
5.2 MARKET DYNAMICS 52
FIGURE 14 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN THE TOW PREPREG MARKET 52
5.2.1 DRIVERS 53
5.2.1.1 Increasing demand for tow prepregs from the oil & gas industry 53
FIGURE 15 GLOBAL DEMAND AND SUPPLY OF OIL (MB/D) 53
5.2.1.2 Advantages over the wet-winding process 54
5.2.1.3 Growing automotive & transportation industry 54
FIGURE 16 GLOBAL ELECTRIC VEHICLE STOCK, 2010-2020 55
5.2.2 RESTRAINTS 55
5.2.2.1 High processing and manufacturing cost 55
5.2.2.2 Significant investments in research & development 55
5.2.3 OPPORTUNITIES 56
5.2.3.1 Increasing demand from emerging economies 56
5.2.3.2 Penetration of tow prepregs in new applications 56
5.2.3.3 Rising demand for tow prepregs in the growing aerospace industry 56
TABLE 3 EXPECTED NEW COMMERCIAL AIRPLANE DELIVERIES, BY REGION (2020–2039) 57
TABLE 4 EXPECTED DELIVERIES OF SMALL, MEDIUM, AND LARGE AIRCRAFT FROM 2019 TO 2038 57
5.2.4 CHALLENGES 57
5.2.4.1 Developing low-cost technologies 57
5.2.4.2 Market recovery from COVID-19 58
5.3 PORTER’S FIVE FORCES ANALYSIS 58
FIGURE 17 PORTER’S FIVE FORCES: TOW PREPREG MARKET 58
5.3.1 THREAT OF NEW ENTRANTS 59
5.3.2 THREAT OF SUBSTITUTES 59
5.3.3 BARGAINING POWER OF SUPPLIERS 59
5.3.4 BARGAINING POWER OF BUYERS 59
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 60
TABLE 5 TOW PREPREG MARKET: PORTER’S FIVE FORCES ANALYSIS 60
5.4 MACROECONOMIC OVERVIEW AND KEY TRENDS 61
5.4.1 INTRODUCTION 61
5.4.2 TRENDS AND FORECAST OF GDP 61
TABLE 6 TRENDS AND FORECAST OF GDP, 2019–2026 (USD BILLION) 61
FIGURE 18 TRENDS AND FORECAST OF GDP, 2021–2026 (USD BILLION) 62
5.5 TECHNOLOGY ANALYSIS 62
5.6 ECOSYSTEM: TOW PREPREG MARKET 63
FIGURE 19 TOW PREPREG MARKET ECOSYSTEM 63
5.7 VALUE CHAIN ANALYSIS 64
FIGURE 20 TOW PREPREG MARKET: VALUE CHAIN ANALYSIS 64
5.7.1 RAW MATERIAL SELECTION 64
5.7.2 MANUFACTURING 65
5.7.3 DISTRIBUTION & APPLICATIONS 65
5.8 IMPACT OF COVID-19 66
5.8.1 IMPACT OF COVID-19 ON THE AEROSPACE INDUSTRY 66
5.8.2 IMPACT OF COVID-19 ON THE AUTOMOTIVE INDUSTRY 67
5.9 TOW PREPREG MARKET: OPTIMISTIC, PESSIMISTIC, AND REALISTIC SCENARIOS 67
TABLE 7 TOW PREPREG MARKET: CAGR (BY VOLUME) IN REALISTIC, PESSIMISTIC, AND OPTIMISTIC SCENARIOS 67
5.9.1 OPTIMISTIC SCENARIO 67
5.9.2 PESSIMISTIC SCENARIO 67
5.9.3 REALISTIC SCENARIO 68
5.10 PRICING ANALYSIS 68
FIGURE 21 TOW PREPREG MARKET: PRICING ANALYSIS 2019-2026 68
5.10.1 AVERAGE SELLING PRICE 68
TABLE 8 AVERAGE SELLING PRICE, BY TYPE 68
5.11 CASE STUDY 69
5.12 SUPPLY CHAIN ANALYSIS 70
TABLE 9 TOW PREPREG MARKET: SUPPLY CHAIN 70
5.13 KEY MARKETS FOR IMPORTS/EXPORTS 70
5.13.1 US 70
5.13.2 GERMANY 71
5.13.3 FRANCE 71
5.13.4 UK 71
5.13.5 CHINA 71
5.13.6 JAPAN 72
5.14 TARIFFS AND REGULATIONS 72
TABLE 10 CURRENT STANDARD CODES FOR TOW PREPREGS 72
5.15 PATENT ANALYSIS 73
5.15.1 INTRODUCTION 73
5.15.2 METHODOLOGY 73
5.15.3 DOCUMENT TYPE 73
TABLE 11 TOW PREPREG MARKET: GLOBAL PATENTS 73
FIGURE 22 GLOBAL PATENT ANALYSIS 74
FIGURE 23 GLOBAL PUBLICATION TREND ANALYSIS: LAST TEN YEARS 74
5.15.4 INSIGHTS 74
5.15.5 LEGAL STATUS OF THE PATENTS 75
FIGURE 24 LEGAL STATUS ANALYSIS 75
5.15.6 JURISDICTION ANALYSIS 75
FIGURE 25 GLOBAL JURISDICTION ANALYSIS 75
5.15.7 TOP APPLICANTS ANALYSIS 76
FIGURE 26 TOP APPLICANTS ANALYSIS 76
TABLE 12 TOW PREPREG MARKET: TOP TEN PATENT OWNERS (US) DURING THE LAST TEN YEARS 77
5.15.8 LIST OF PATENTS BY TOP APPLICANTS/COMPANIES 77
5.15.8.1 Boeing company 77
TABLE 13 PATENTS, BY BOEING COMPANY 77
5.15.8.2 Mitsubishi chemical 78
TABLE 14 PATENTS, BY MITSUBISHI CHEMICAL 78
5.15.8.3 Toray industries, Inc. 79
TABLE 15 PATENTS, BY TORAY INDUSTRIES, INC. 79
5.16 TOW PREPREG MARKET: TRENDS AND DISRUPTIONS IMPACTING CONSUMERS 79
6 TOW PREPREG MARKET, BY RESIN TYPE 80
6.1 INTRODUCTION 81
6.1.1 TOW PREPREG MARKET SIZE, BY RESIN TYPE 81
TABLE 16 TOW PREPREG MARKET SIZE, BY RESIN TYPE, 2017–2020 (USD MILLION) 81
TABLE 17 TOW PREPREG MARKET SIZE, BY RESIN TYPE, 2021–2026 (USD MILLION) 81
TABLE 18 TOW PREPREG MARKET SIZE, BY RESIN TYPE, 2017–2020 (TON) 81
TABLE 19 TOW PREPREG MARKET SIZE, BY RESIN TYPE, 2021–2026 (TON) 82
6.2 EPOXY RESIN 82
6.2.1 HIGH DEMAND FROM MOBILITY AND TRANSPORTATION INDUSTRY DRIVING DEMAND FOR EPOXY RESIN BASED TOW PREPREG 82
6.3 PHENOLIC RESIN 82
6.3.1 HIGH DEMAND OF PHENOLIC RESIN BASED TOW PREPREGS DUE TO HIGH DURABILITY AND CORROSION RESISTANCE 82
6.4 OTHERS 83
7 TOW PREPREG MARKET, BY FIBER TYPE 84
7.1 INTRODUCTION 85
FIGURE 27 CARBON TO BE LARGEST FIBER TYPE, BY VALUE, IN TOW PREPREG MARKET 85
7.1.1 TOW PREPREG MARKET SIZE, BY FIBER TYPE 85
TABLE 20 TOW PREPREG MARKET SIZE, BY FIBER TYPE, 2017–2020 (USD MILLION) 85
TABLE 21 TOW PREPREG MARKET SIZE, BY FIBER TYPE, 2021–2026 (USD MILLION) 86
TABLE 22 TOW PREPREG MARKET SIZE, BY FIBER TYPE, 2017–2020 (TON) 86
TABLE 23 TOW PREPREG MARKET SIZE, BY FIBER TYPE, 2021–2026 (TON) 86
7.2 CARBON FIBER 86
7.2.1 HIGH DEMAND FROM AEROSPACE & DEFENSE INDUSTRY DRIVING DEMAND FOR CARBON FIBER-BASED TOW PREPREG 86
FIGURE 28 APAC TO BE FASTEST-GROWING MARKET FOR CARBON FIBER TOW PREPREG 87
7.2.2 CARBON FIBER TOW PREPREG MARKET SIZE, BY REGION 87
TABLE 24 CARBON FIBER TOW PREPREG MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 87
TABLE 25 CARBON FIBER TOW PREPREG MARKET SIZE, BY REGION,
2017–2020 (TON) 88
TABLE 27 CARBON FIBER TOW PREPREG MARKET SIZE, BY REGION, 2021–2026 (TON) 88
7.2.3 CARBON FIBER TOW PREPREG MARKET SIZE, BY APPLICATION 88
TABLE 28 CARBON FIBER TOW PREPREG MARKET SIZE, BY APPLICATION,
2017–2020 (USD MILLION) 88
TABLE 29 CARBON FIBER TOW PREPREG MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 89
TABLE 30 CARBON FIBER TOW PREPREG MARKET SIZE, BY APPLICATION,
2017–2020 (TON) 89
TABLE 31 CARBON FIBER TOW PREPREG MARKET SIZE, BY APPLICATION,
2021–2026 (TON) 89
7.2.4 CARBON FIBER TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY 90
TABLE 32 CARBON FIBER TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY,
2017–2020 (USD MILLION) 90
TABLE 33 CARBON FIBER TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY,
2021–2026 (USD MILLION) 90
TABLE 34 CARBON FIBER TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY,
2017–2020 (TON) 90
TABLE 35 CARBON FIBER TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY,
2021–2026 (TON) 91
7.3 GLASS FIBER 91
7.3.1 GLASS FIBER SEGMENT HOLDS THE LARGEST MARKET SHARE, IN TERMS OF VOLUME 91
7.3.2 GLASS FIBER TOW PREPREG MARKET SIZE, BY REGION 92
TABLE 36 GLASS FIBER TOW PREPREG MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 92
TABLE 37 GLASS FIBER TOW PREPREG MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 92
TABLE 38 GLASS FIBER TOW PREPREG MARKET SIZE, BY REGION, 2017–2020 (TON) 92
TABLE 39 GLASS FIBER TOW PREPREG MARKET SIZE, BY REGION, 2021–2026 (TON) 93
7.3.3 GLASS FIBER TOW PREPREG MARKET SIZE, BY APPLICATION 93
TABLE 40 GLASS FIBER TOW PREPREG MARKET SIZE, BY APPLICATION,
2017–2020 (USD MILLION) 93
TABLE 41 GLASS FIBER TOW PREPREG MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 93
TABLE 42 GLASS FIBER TOW PREPREG MARKET SIZE, BY APPLICATION,
2017–2020 (TON) 94
TABLE 43 GLASS FIBER TOW PREPREG MARKET SIZE, BY APPLICATION,
2021–2026 (TON) 94
7.3.4 GLASS FIBER TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY 94
TABLE 44 GLASS FIBER TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY,
2017–2020 (USD MILLION) 94
TABLE 45 GLASS FIBER TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY,
2021–2026 (USD MILLION) 95
TABLE 46 GLASS FIBER TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY,
2017–2020 (TON) 95
TABLE 47 GLASS FIBER TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY,
2021–2026 (TON) 95
7.4 OTHERS 96
7.4.1 OTHER FIBERS BASED TOW PREPREG MARKET SIZE, BY REGION 96
TABLE 48 OTHER FIBERS BASED TOW PREPREG MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 96
TABLE 49 OTHER FIBERS BASED TOW PREPREG MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 96
TABLE 50 OTHER FIBERS BASED TOW PREPREG MARKET SIZE, BY REGION,
2017–2020 (TON) 97
TABLE 51 OTHER FIBERS BASED TOW PREPREG MARKET SIZE, BY REGION,
2021–2026 (TON) 97
7.4.2 OTHER FIBERS BASED TOW PREPREG MARKET SIZE, BY APPLICATION 97
TABLE 52 OTHER FIBERS BASED TOW PREPREG MARKET SIZE, BY APPLICATION,
2017–2020 (USD MILLION) 97
TABLE 53 OTHER FIBERS BASED TOW PREPREG MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 98
TABLE 54 OTHER FIBERS BASED TOW PREPREG MARKET SIZE, BY APPLICATION,
2017–2020 (TON) 98
TABLE 55 OTHER FIBERS BASED TOW PREPREG MARKET SIZE, BY APPLICATION,
2021–2026 (TON) 98
7.4.3 OTHER FIBERS BASED TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY 99
TABLE 56 OTHER FIBERS BASED TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 99
TABLE 57 OTHER FIBERS BASED TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION) 99
TABLE 58 OTHER FIBERS BASED TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON) 99
TABLE 59 OTHER FIBERS BASED TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (TON) 100
8 TOW PREPREG MARKET, BY APPLICATION 101
8.1 INTRODUCTION 102
FIGURE 29 PRESSURE VESSELS TO BE LARGEST APPLICATION, BY VALUE, OF TOW PREPREG MARKET 102
8.1.1 TOW PREPREG MARKET SIZE, BY APPLICATION 102
TABLE 60 TOW PREPREG MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 102
TABLE 61 TOW PREPREG MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION) 103
TABLE 62 TOW PREPREG MARKET SIZE, BY APPLICATION, 2017–2020 (TON) 103
TABLE 63 TOW PREPREG MARKET SIZE, BY APPLICATION, 2021–2026 (TON) 103
8.2 PRESSURE VESSELS 104
8.2.1 GROWING CONSUMPTION IN OIL & GAS INDUSTRY DRIVING DEMAND IN PRESSURE VESSELS 104
FIGURE 30 APAC TO BE FASTEST-GROWING MARKET FOR TOW PREPREG IN PRESSURE VESSELS SEGMENT 104
8.2.2 TOW PREPREG MARKET SIZE IN PRESSURE VESSELS, BY REGION 105
TABLE 64 TOW PREPREG MARKET SIZE IN PRESSURE VESSELS, BY REGION,
2017–2020 (USD MILLION) 105
TABLE 65 TOW PREPREG MARKET SIZE IN PRESSURE VESSELS, BY REGION,
2021–2026 (USD MILLION) 105
TABLE 66 TOW PREPREG MARKET SIZE IN PRESSURE VESSELS, BY REGION,
2017–2020 (TON) 105
TABLE 67 TOW PREPREG MARKET SIZE IN PRESSURE VESSELS, BY REGION,
2021–2026 (TON) 106
8.3 SCUBA TANKS 106
8.3.1 GROWING DEMAND FROM NORTH AMERICA AND EUROPE IS FUELING GROWTH 106
8.3.2 TOW PREPREG MARKET SIZE IN SCUBA TANKS, BY REGION 106
TABLE 68 TOW PREPREG MARKET SIZE IN SCUBA TANKS, BY REGION,
2017–2020 (USD MILLION) 106
TABLE 69 TOW PREPREG MARKET SIZE IN SCUBA TANKS, BY REGION,
2021–2026 (USD MILLION) 107
TABLE 70 TOW PREPREG MARKET SIZE IN SCUBA TANKS, BY REGION,
2017–2020 (TON) 107
TABLE 71 TOW PREPREG MARKET SIZE IN SCUBA TANKS, BY REGION,
2021–2026 (TON) 107
8.4 OXYGEN CYLINDERS 108
8.4.1 OXYGEN CYLINDER WITNESSING GROWING DEMAND IN MEDICAL INDUSTRY 108
8.4.2 TOW PREPREG MARKET SIZE IN OXYGEN CYLINDERS, BY REGION 108
TABLE 72 TOW PREPREG MARKET SIZE IN OXYGEN CYLINDERS, BY REGION,
2017–2020 (USD MILLION) 108
TABLE 73 TOW PREPREG MARKET SIZE IN OXYGEN CYLINDERS, BY REGION,
2021–2026 (USD MILLION) 108
TABLE 74 TOW PREPREG MARKET SIZE IN OXYGEN CYLINDERS, BY REGION,
2017–2020 (TON) 109
TABLE 75 TOW PREPREG MARKET SIZE IN OXYGEN CYLINDERS, BY REGION,
2021–2026 (TON) 109
8.5 OTHERS 109
8.5.1 TOW PREPREG MARKET SIZE IN OTHER APPLICATIONS, BY REGION 110
TABLE 76 TOW PREPREG MARKET SIZE IN OTHER APPLICATIONS, BY REGION,
2017–2020 (USD MILLION) 110
TABLE 77 TOW PREPREG MARKET SIZE IN OTHER APPLICATIONS, BY REGION,
2021–2026 (USD MILLION) 110
TABLE 78 TOW PREPREG MARKET SIZE IN OTHER APPLICATIONS, BY REGION,
2017–2020 (TON) 110
TABLE 79 TOW PREPREG MARKET SIZE IN OTHER APPLICATIONS, BY REGION,
2021–2026 (TON) 111
9 TOW PREPREG MARKET, BY END-USE INDUSTRY 112
9.1 INTRODUCTION 113
9.1.1 TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY 113
TABLE 80 TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY,
2017–2020 (USD MILLION) 113
TABLE 81 TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY,
2021–2026 (USD MILLION) 113
TABLE 82 TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON) 114
TABLE 83 TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (TON) 114
FIGURE 31 OIL & GAS TO BE LARGEST END-USE INDUSTRY OF TOW PREPREG 114
9.2 AEROSPACE & DEFENSE 115
9.2.1 HIGH DEMAND FROM THE EUROPEAN REGION FUELING GROWTH OF TOW PREPREG IN THE AEROSPACE & DEFENSE INDUSTRY 115
9.2.2 TOW PREPREG MARKET SIZE IN AEROSPACE & DEFENSE, BY REGION 115
TABLE 84 TOW PREPREG MARKET SIZE IN AEROSPACE & DEFENSE, BY REGION,
2017–2020 (USD MILLION) 115
TABLE 85 TOW PREPREG MARKET SIZE IN AEROSPACE & DEFENSE, BY REGION,
2021–2026 (USD MILLION) 115
TABLE 86 TOW PREPREG MARKET SIZE IN AEROSPACE & DEFENSE, BY REGION,
2017–2020 (TON) 116
TABLE 87 TOW PREPREG MARKET SIZE IN AEROSPACE & DEFENSE, BY REGION,
2021–2026 (TON) 116
9.3 AUTOMOTIVE & TRANSPORTATION 117
9.3.1 AUTOMOTIVE & TRANSPORTATION IS THE FASTEST-GROWING SEGMENT IN THE OVERALL TOW PREPREG MARKET 117
9.3.2 TOW PREPREG MARKET SIZE IN AUTOMOTIVE & TRANSPORTATION,
BY REGION 117
TABLE 88 TOW PREPREG MARKET SIZE IN AUTOMOTIVE & TRANSPORTATION,
BY REGION, 2017–2020 (USD MILLION) 117
TABLE 89 TOW PREPREG MARKET SIZE IN AUTOMOTIVE & TRANSPORTATION,
BY REGION, 2021–2026 (USD MILLION) 117
TABLE 90 TOW PREPREG MARKET SIZE IN AUTOMOTIVE & TRANSPORTATION,
BY REGION, 2017–2020 (TON) 117
TABLE 91 TOW PREPREG MARKET SIZE IN AUTOMOTIVE & TRANSPORTATION,
BY REGION, 2021–2026 (TON) 118
9.4 SPORTS & RECREATIONAL 118
9.4.1 EUROPE IS LARGEST CONSUMER OF TOW PREPREGS IN THE SPORTS & RECREATIONAL INDUSTRY 118
9.4.2 TOW PREPREG MARKET SIZE IN SPORTS & RECREATIONAL, BY REGION 118
TABLE 92 TOW PREPREG MARKET SIZE IN SPORTS & RECREATIONAL, BY REGION, 2017–2020 (USD MILLION) 118
TABLE 93 TOW PREPREG MARKET SIZE IN SPORTS & RECREATIONAL, BY REGION, 2021–2026 (USD MILLION) 119
TABLE 94 TOW PREPREG MARKET SIZE IN SPORTS & RECREATIONAL, BY REGION, 2017–2020 (TON) 119
TABLE 95 TOW PREPREG MARKET SIZE IN SPORTS & RECREATIONAL, BY REGION, 2021–2026 (TON) 120
9.5 OIL & GAS 120
9.5.1 TOW PREPREGS INCREASINGLY USED IN PRESSURE VESSELS 120
9.5.2 TOW PREPREG MARKET SIZE IN OIL & GAS, BY REGION 120
TABLE 96 TOW PREPREG MARKET SIZE IN OIL & GAS, BY REGION,
2017–2020 (USD MILLION) 120
TABLE 97 TOW PREPREG MARKET SIZE IN OIL & GAS, BY REGION,
2021–2026 (USD MILLION) 121
TABLE 98 TOW PREPREG MARKET SIZE IN OIL & GAS, BY REGION, 2017–2020 (TON) 121
TABLE 99 TOW PREPREG MARKET SIZE IN OIL & GAS, BY REGION, 2021–2026 (TON) 121
9.6 OTHERS 122
9.6.1 TOW PREPREG MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION 122
TABLE 100 TOW PREPREG MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2017–2020 (USD MILLION) 122
TABLE 101 TOW PREPREG MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2021–2026 (USD MILLION) 122
TABLE 102 TOW PREPREG MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2017–2020 (TON) 123
TABLE 103 TOW PREPREG MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2021–2026 (TON) 123
10 TOW PREPREG MARKET, BY REGION 124
10.1 INTRODUCTION 125
FIGURE 32 MARKET IN CHINA TO GROW AT THE HIGHEST CAGR 125
10.1.1 TOW PREPREG MARKET SIZE, BY REGION 126
TABLE 104 TOW PREPREG MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 126
TABLE 105 TOW PREPREG MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 126
TABLE 106 TOW PREPREG MARKET SIZE, BY REGION, 2017–2020 (TON) 126
TABLE 107 TOW PREPREG MARKET SIZE, BY REGION, 2021–2026 (TON) 127
10.2 NORTH AMERICA 127
FIGURE 33 NORTH AMERICA: TOW PREPREG MARKET SNAPSHOT 128
10.2.1 NORTH AMERICA: TOW PREPREG MARKET SIZE, BY COUNTRY 128
TABLE 108 NORTH AMERICA: TOW PREPREG MARKET SIZE, BY COUNTRY,
2017–2020 (USD MILLION) 128
TABLE 109 NORTH AMERICA: TOW PREPREG MARKET SIZE, BY COUNTRY,
2021–2026 (USD MILLION) 129
TABLE 110 NORTH AMERICA: TOW PREPREG MARKET SIZE, BY COUNTRY,
2017–2020 (TON) 129
TABLE 111 NORTH AMERICA: TOW PREPREG MARKET SIZE, BY COUNTRY,
2021–2026 (TON) 129
10.2.2 NORTH AMERICA: TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY 129
TABLE 112 NORTH AMERICA: TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (USD MILLION) 129
TABLE 113 NORTH AMERICA: TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (USD MILLION) 130
TABLE 114 NORTH AMERICA: TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY, 2017–2020 (TON) 130
TABLE 115 NORTH AMERICA: TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY, 2021–2026 (TON) 130
10.2.3 NORTH AMERICA: TOW PREPREG MARKET SIZE, BY APPLICATION 131
TABLE 116 NORTH AMERICA: TOW PREPREG MARKET SIZE, BY APPLICATION,
2017–2020 (USD MILLION) 131
TABLE 117 NORTH AMERICA: TOW PREPREG MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 131
TABLE 118 NORTH AMERICA: TOW PREPREG MARKET SIZE, BY APPLICATION,
2017–2020 (TON) 131
TABLE 119 NORTH AMERICA: TOW PREPREG MARKET SIZE, BY APPLICATION,
2021–2026 (TON) 132
10.2.4 US 132
10.2.4.1 The US is the largest market for tow prepreg across the globe 132
10.2.4.2 Tow prepreg market in the US, by application 132
TABLE 120 US: TOW PREPREG MARKET SIZE, BY APPLICATION,
2017–2020 (USD MILLION) 132
TABLE 121 US: TOW PREPREG MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 133
TABLE 122 US: TOW PREPREG MARKET SIZE, BY APPLICATION, 2017–2020 (TON) 133
TABLE 123 US: TOW PREPREG MARKET SIZE, BY APPLICATION, 2021–2026 (TON) 133
10.2.5 CANADA 134
10.2.5.1 The aerospace & defense industry is driving demand in the country 134
10.2.5.2 Tow prepreg market in Canada, by application 134
TABLE 124 CANADA: TOW PREPREG MARKET SIZE, BY APPLICATION,
2017–2020 (USD MILLION) 134
TABLE 125 CANADA: TOW PREPREG MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 134
TABLE 126 CANADA: TOW PREPREG MARKET SIZE, BY APPLICATION, 2017–2020 (TON) 134
TABLE 127 CANADA: TOW PREPREG MARKET SIZE, BY APPLICATION, 2021–2026 (TON) 135
10.3 EUROPE 135
FIGURE 34 EUROPE: TOW PREPREG MARKET SNAPSHOT 136
10.3.1 EUROPE: TOW PREPREG MARKET SIZE, BY COUNTRY 137
TABLE 128 EUROPE: TOW PREPREG MARKET SIZE, BY COUNTRY,
2017–2020 (USD MILLION) 137
TABLE 129 EUROPE: TOW PREPREG MARKET SIZE, BY COUNTRY,
2021–2026 (USD MILLION) 137
TABLE 130 EUROPE: TOW PREPREG MARKET SIZE, BY COUNTRY, 2017–2020 (TON) 137
TABLE 131 EUROPE: TOW PREPREG MARKET SIZE, BY COUNTRY, 2021–2026 (TON) 138
10.3.2 EUROPE: TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY 138
TABLE 132 EUROPE: TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY,
2017–2020 (USD MILLION) 138
TABLE 133 EUROPE: TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY,
2021–2026 (USD MILLION) 139
TABLE 134 EUROPE: TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY,
2017–2020 (TON) 139
TABLE 135 EUROPE: TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY,
2021–2026 (TON) 139
10.3.3 EUROPE: TOW PREPREG MARKET SIZE, BY APPLICATION 140
TABLE 136 EUROPE: TOW PREPREG MARKET SIZE, BY APPLICATION,
2017–2020 (USD MILLION) 140
TABLE 137 EUROPE: TOW PREPREG MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 140
TABLE 138 EUROPE: TOW PREPREG MARKET SIZE, BY APPLICATION, 2017–2020 (TON) 140
TABLE 139 EUROPE: TOW PREPREG MARKET SIZE, BY APPLICATION,
2021–2026 (TON) 140
10.3.4 FRANCE 141
10.3.4.1 Presence of major aircraft manufacturers leading to market growth 141
10.3.4.2 Tow prepreg market in France, by application 141
TABLE 140 FRANCE: TOW PREPREG MARKET SIZE, BY APPLICATION,
2017–2020 (USD MILLION) 141
TABLE 141 FRANCE: TOW PREPREG MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 141
TABLE 142 FRANCE: TOW PREPREG MARKET SIZE, BY APPLICATION, 2017–2020 (TON) 142
TABLE 143 FRANCE: TOW PREPREG MARKET SIZE, BY APPLICATION, 2021–2026 (TON) 142
10.3.5 GERMANY 142
10.3.5.1 High demand from the aerospace & defense industry is augmenting market growth in the country 142
10.3.5.2 Tow prepreg market in Germany, by application 143
TABLE 144 GERMANY: TOW PREPREG MARKET SIZE, BY APPLICATION,
2017–2020 (USD MILLION) 143
TABLE 145 GERMANY: TOW PREPREG MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 143
TABLE 146 GERMANY: TOW PREPREG MARKET SIZE, BY APPLICATION,
2017–2020 (TON) 143
TABLE 147 GERMANY: TOW PREPREG MARKET SIZE, BY APPLICATION,
2021–2026 (TON) 144
10.3.6 UK 144
10.3.6.1 UK is the third-largest market for tow prepreg in Europe 144
10.3.6.2 Tow prepreg market in the UK, by application 144
TABLE 148 UK: TOW PREPREG MARKET SIZE, BY APPLICATION,
2017–2020 (USD MILLION) 144
TABLE 149 UK: TOW PREPREG MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 145
TABLE 150 UK: TOW PREPREG MARKET SIZE, BY APPLICATION, 2017–2020 (TON) 145
TABLE 151 UK: TOW PREPREG MARKET SIZE, BY APPLICATION, 2021–2026 (TON) 145
10.3.7 ITALY 145
10.3.7.1 Growth of major end-use industries, including automotive & transportation, expected to support market growth 145
10.3.7.2 Tow prepreg market in Italy, by application 146
TABLE 152 ITALY: TOW PREPREG MARKET SIZE, BY APPLICATION,
2017–2020 (USD MILLION) 146
TABLE 153 ITALY: TOW PREPREG MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 146
TABLE 154 ITALY: TOW PREPREG MARKET SIZE, BY APPLICATION, 2017–2020 (TON) 146
TABLE 155 ITALY: TOW PREPREG MARKET SIZE, BY APPLICATION, 2021–2026 (TON) 147
10.3.8 REST OF EUROPE 147
10.3.8.1 Growth of major end-use industries including automotive & transportation expected to support market growth 147
10.3.8.2 Tow prepreg market in Rest of Europe, by application 147
TABLE 156 REST OF EUROPE: TOW PREPREG MARKET SIZE, BY APPLICATION,
2017–2020 (USD MILLION) 147
TABLE 157 REST OF EUROPE: TOW PREPREG MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 148
TABLE 158 REST OF EUROPE: TOW PREPREG MARKET SIZE, BY APPLICATION,
2017–2020 (TON) 148
TABLE 159 REST OF EUROPE: TOW PREPREG MARKET SIZE, BY APPLICATION,
2021–2026 (TON) 148
10.4 APAC 148
FIGURE 35 APAC: TOW PREPREG MARKET SNAPSHOT 149
10.4.1 APAC: TOW PREPREG MARKET SIZE, BY COUNTRY 150
TABLE 160 APAC: TOW PREPREG MARKET SIZE, BY COUNTRY,
2017–2020 (USD MILLION) 150
TABLE 161 APAC: TOW PREPREG MARKET SIZE, BY COUNTRY,
2021–2026 (USD MILLION) 150
TABLE 162 APAC: TOW PREPREG MARKET SIZE, BY COUNTRY, 2017–2020 (TON) 150
TABLE 163 APAC: TOW PREPREG MARKET SIZE, BY COUNTRY, 2021–2026 (TON) 151
10.4.2 APAC: TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY 151
TABLE 164 APAC: TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY,
2017–2020 (USD MILLION) 151
TABLE 165 APAC: TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY,
2021–2026 (USD MILLION) 151
TABLE 166 APAC: TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY,
2017–2020 (TON) 152
TABLE 167 APAC: TOW PREPREG MARKET SIZE, BY END-USE INDUSTRY,
2021–2026 (TON) 152
10.4.3 APAC: TOW PREPREG MARKET SIZE, BY APPLICATION 152
TABLE 168 APAC: TOW PREPREG MARKET SIZE, BY APPLICATION,
2017–2020 (USD MILLION) 152
TABLE 169 APAC: TOW PREPREG MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 153
TABLE 170 APAC: TOW PREPREG MARKET SIZE, BY APPLICATION, 2017–2020 (TON) 153
TABLE 171 APAC: TOW PREPREG MARKET SIZE, BY APPLICATION, 2021–2026 (TON) 153
10.4.4 CHINA 154
10.4.4.1 Increasing consumption in oil & gas and automotive industries expected to drive the market 154
10.4.4.2 Tow prepreg market in China, by application 154
TABLE 172 CHINA: TOW PREPREG MARKET SIZE, BY APPLICATION,
2017–2020 (USD MILLION) 154
TABLE 173 CHINA: TOW PREPREG MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 154
TABLE 174 CHINA: TOW PREPREG MARKET SIZE, BY APPLICATION, 2017–2020 (TON) 155
TABLE 175 CHINA: TOW PREPREG MARKET SIZE, BY APPLICATION, 2021–2026 (TON) 155
10.4.5 JAPAN 155
10.4.5.1 Japan is the second-largest market for tow prepreg in the APAC 155
10.4.5.2 Tow prepreg market in Japan, by application 156
TABLE 176 JAPAN: TOW PREPREG MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION) 156
TABLE 177 JAPAN: TOW PREPREG MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 156
TABLE 178 JAPAN: TOW PREPREG MARKET SIZE, BY APPLICATION, 2017–2020 (TON) 156
TABLE 179 JAPAN: TOW PREPREG MARKET SIZE, BY APPLICATION, 2021–2026 (TON) 156
10.4.6 SOUTH KOREA 157
10.4.6.1 Significant investments in the automotive industry expected to increase consumption of to11 COMPETITIVE LANDSCAPE 177
11.1 INTRODUCTION 177
11.2 MARKET SHARE ANALYSIS 177
FIGURE 36 MARKET SHARE OF TOP COMPANIES IN TOW PREPREG MARKET 177
TABLE 236 DEGREE OF COMPETITION: CONSOLIDATED 178
11.3 MARKET RANKING 178
FIGURE 37 RANKING OF TOP FIVE PLAYERS IN TOW PREPREG MARKET 178
11.4 MARKET EVALUATION FRAMEWORK 179
TABLE 237 TOW PREPREG MARKET: NEW PRODUCT LAUNCH/DEVELOPMENT,
2016–2021 179
TABLE 238 TOW PREPREG MARKET: OTHER DEALS, 2016-2021 179
11.5 REVENUE ANALYSIS OF TOP MARKET PLAYERS 181
11.6 COMPANY EVALUATION MATRIX 182
TABLE 239 COMPANY PRODUCT FOOTPRINT 182
TABLE 240 COMPANY INDUSTRY FOOTPRINT 183
TABLE 241 COMPANY APPLICATION FOOTPRINT 184
TABLE 242 COMPANY REGION FOOTPRINT 185
11.7 COMPANY EVALUATION QUADRANT 185
11.7.1 STAR 185
11.7.2 PERVASIVE 185
11.7.3 PARTICIPANTS 185
11.7.4 EMERGING LEADERS 185
FIGURE 38 TOW PREPREG MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2020 186
11.7.5 STRENGTH OF PRODUCT PORTFOLIO 187
FIGURE 39 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN TOW PREPREG MARKET 187
11.7.6 BUSINESS STRATEGY EXCELLENCE 188
FIGURE 40 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN TOW PREPREG MARKET 188
FIGURE 41 TOW PREPREG MARKET: SMALL AND MEDIUM-SIZED ENTERPRISES MAPPING, 2020 189
12 COMPANY PROFILES 190
(Business Overview, Products Offered, Recent Developments, MnM View)*
12.1 KEY COMPANIES 190
12.1.1 TCR COMPOSITES 190
TABLE 243 TCR COMPOSITES: COMPANY SNAPSHOT 190
12.1.2 SGL CARBON SE 192
TABLE 244 SGL CARBON SE: COMPANY SNAPSHOT 192
FIGURE 42 SGL CARBON SE: COMPANY SNAPSHOT 193
12.1.3 ENEOS HOLDINGS, INC. (JXTG HOLDINGS) 195
TABLE 245 ENEOS HOLDINGS, INC.: COMPANY SNAPSHOT 195
FIGURE 43 ENEOS HOLDINGS, INC.: COMPANY SNAPSHOT 195
12.1.4 TEIJIN LIMITED 197
TABLE 246 TEIJIN LIMITED: COMPANY SNAPSHOT 197
FIGURE 44 TEIJIN LIMITED: COMPANY SNAPSHOT 198
12.1.5 MITSUBISHI CHEMICAL CARBON FIBER AND COMPOSITES, INC. 201
TABLE 247 MITSUBISHI CHEMICAL CARBON FIBER AND COMPOSITES, INC.: COMPANY SNAPSHOT 201
12.1.6 HEXCEL CORPORATION 205
TABLE 248 HEXCEL CORPORATION: COMPANY SNAPSHOT 205
FIGURE 45 HEXCEL CORPORATION: COMPANY SNAPSHOT 206
12.1.7 PORCHER INDUSTRIES 209
TABLE 249 PORCHER INDUSTRIES: COMPANY SNAPSHOT 209
12.1.8 RED COMPOSITES 211
TABLE 250 RED COMPOSITES: COMPANY SNAPSHOT 211
12.1.9 VITECH COMPOSITES 213
TABLE 251 VITECH COMPOSITES: COMPANY SNAPSHOT 213
12.1.10 ARISAWA MFG. CO., LTD. 215
TABLE 252 ARISAWA MFG. CO., LTD.: COMPANY SNAPSHOT 215
FIGURE 46 ARISAWA MFG. CO., LTD.: COMPANY SNAPSHOT 216
12.1.11 TORAY INDUSTRIES, INC. 218
TABLE 253 TORAY INDUSTRIES, INC.: COMPANY SNAPSHOT 218
FIGURE 47 TORAY INDUSTRIES, INC.: COMPANY SNAPSHOT 219
12.1.12 3M 221
TABLE 254 3M: COMPANY SNAPSHOT 221
FIGURE 48 3M: COMPANY SNAPSHOT 222
12.2 OTHER COMPANIES 224
12.2.1 FIBRTEC 224
12.2.2 CTMI (COMPOSITE TEXTILE MATERIALS INNOVATION) 224
12.2.3 ATA CARBON FIBER TECH. GUANGZHOU CO., LTD. 224
12.2.4 GURIT 224
12.2.5 HENGSHEN CARBON FIBER AND COMPOSITES 225
12.2.6 SUPREM SA 225
12.2.7 SHANDONG GT COMPOSITES TECHNOLOGY CO., LTD. 225
12.2.8 ZOLTEK CORPORATION 226
12.2.9 WUXI GDE TECHNOLOGY CO. LTD. 226
12.2.10 PARK AEROSPACE CORP. 226
12.2.11 AXIOM MATERIALS, INC. 226
12.2.12 MICAM LIMITED 227
12.2.13 ROCK WEST COMPOSITES 227
*Details on Business Overview, Products Offered, Recent Developments, MnM View might not be captured in case of unlisted companies.
13 APPENDIX 228
13.1 DISCUSSION GUIDE 228
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 230
13.3 AVAILABLE CUSTOMIZATIONS 232
13.4 RELATED REPORTS 232
13.5 AUTHOR DETAILS 233