Global Prepreg Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2032

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Global Prepreg Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2032

  • Chemical and Materials
  • Apr 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60
  • Author : Varun Juyal

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Global Prepreg Market

Market Size in USD Billion

CAGR :  % Diagram

Bar chart comparing the Global Prepreg Market size in 2024 - 10.10 and 2032 - 13.00, highlighting the projected market growth. USD 10.10 Billion USD 13.00 Billion 2024 2032
Diagram Forecast Period
2025 –2032
Diagram Market Size (Base Year)
USD 10.10 Billion
Diagram Market Size (Forecast Year)
USD 13.00 Billion
Diagram CAGR
%
Diagram Major Markets Players
  • Evonik Industries AG
  • Teijin Limited
  • SGL Group
  • DSM
  • SABIC

Global Prepreg Market Segmentation, By Product (Glass Fiber Prepreg, Carbon Fiber Prepreg, and Aramid Fiber Prepreg), Resin Type (Thermoset Prepreg and Thermoplastic Prepreg), Weave Type (UD Prepreg and Fabric Prepreg), Manufacturing Process (Hot Melt and Solvent Dip), Fiber Reinforcement Type (Carbon Fiber Prepreg, Glass Fiber Prepreg, Aeamid Fiber Prepreg, and Other), Application (Aerospace and Defense, Wind Energy, Sporting Goods, Automotive, Electronics, and Others) - Industry Trends and Forecast to 2032

Prepreg Market

What is the Global Prepreg Market Size and Growth Rate?

  • The global prepreg market size was valued at USD 10.10 billion in 2024 and is expected to reach USD 26.85 billion by 2032, at a CAGR of 13.00% during the forecast period
  • The prepreg market is experiencing significant growth, driven by increasing demand from aerospace, automotive, wind energy, and sporting goods industries. The aerospace industry, in particular, is a major driver of market growth, with prepreg being widely used in aircraft components due to its lightweight and high-strength properties
  • In the automotive sector, there is a growing trend towards lightweight materials to improve fuel efficiency, leading to increased adoption of prepreg materials. The wind energy sector is also driving demand for prepreg, as it is used in manufacturing wind turbine blades

What are the Major Takeaways of Prepreg Market?

  • Prepreg's lightweight nature is crucial for reducing the overall weight of aircraft, leading to improved fuel efficiency and lower operating costs. Its high-strength properties make it ideal for critical components such as wings, fuselage sections, and interior panels, ensuring structural integrity and safety
  • With the aerospace industry's continuous drive for innovation and efficiency, the demand for prepreg is expected to remain strong, which is driving market growth
  • North America dominated the prepreg market with the largest revenue share of 38.9% in 2024, driven by increasing demand for advanced composite materials across aerospace, defense, automotive, and wind energy industries
  • Asia-Pacific prepreg market is poised to grow at the fastest CAGR of 13.7% during the forecast period (2025–2032), driven by rapid industrialization, urbanization, and expanding aerospace, automotive, and renewable energy sectors in countries such as China, Japan, and India
  • The Carbon Fiber prepreg segment dominated the Prepreg market with the largest market revenue share of 59.4% in 2024, driven by its exceptional strength-to-weight ratio, stiffness, and growing use in high-performance applications across aerospace, defense, automotive, and wind energy sectors

Report Scope and Prepreg Market Segmentation     

Attributes

Prepreg Key Market Insights

Segments Covered

  • By Product: Glass Fiber Prepreg, Carbon Fiber Prepreg, and Aramid Fiber Prepreg
  • By Resin Type: Thermoset Prepreg and Thermoplastic Prepreg
  • By Weave Type: UD Prepreg and Fabric Prepreg
  • By Manufacturing Process: Hot Melt and Solvent Dip
  • By Fiber Reinforcement Type: Carbon Fiber Prepreg, Glass Fiber Prepreg, Aeamid Fiber Prepreg, and Other
  • By Application: Aerospace and Defense, Wind Energy, Sporting Goods, Automotive, Electronics, and Others

Countries Covered

North America

  • U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • France
  • U.K.
  • Netherlands
  • Switzerland
  • Belgium
  • Russia
  • Italy
  • Spain
  • Turkey
  • Rest of Europe

Asia-Pacific

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Australia
  • Thailand
  • Indonesia
  • Philippines
  • Rest of Asia-Pacific

Middle East and Africa

  • Saudi Arabia
  • U.A.E.
  • South Africa
  • Egypt
  • Israel
  • Rest of Middle East and Africa

South America

  • Brazil
  • Argentina
  • Rest of South America

Key Market Players

  • Evonik Industries AG (Germany)
  • Teijin Limited (Japan)
  • SGL Group (Germany)
  • DSM (Netherlands)
  • SABIC (Saudi Arabia)
  • Solvay (Belgium)
  • Hexcel Corporation (U.S.)
  • Toray Industries Inc. (Japan)
  • 3M (U.S.)
  • BASF SE (Germany)
  • Covestro AG (Germany)
  • Dow (U.S.)
  • Borealis AG (Austria)
  • ZOLTEK (U.S.)
  • Celanese Corporation (U.S.)
  • Mitsubishi Chemical Corporation (Japan)
  • PARK AEROSPACE CORP (U.S.)
  • Gurit Services AG (Switzerland)
  • Teijin Aramid B.V (Japan)
  • Axiom Materials (U.S.)

Market Opportunities

  • Focus on Sustainable and Eco-Friendly Materials
  • Expansion of Infrastructure Development

Value Added Data Infosets

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, pricing analysis, brand share analysis, consumer survey, demography analysis, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework.

What is the Key Trend in the Prepreg Market?

Rising Demand for Lightweight, High-Performance Materials in Aerospace and Automotive Sectors

  • A significant and accelerating trend in the global prepreg market is the growing adoption of lightweight, high-strength composite materials, especially in aerospace, defense, and automotive industries, driven by the need for improved fuel efficiency, enhanced performance, and regulatory pressure to reduce carbon emissions
  • For instance, Toray Industries and Hexcel Corporation are continuously developing advanced carbon fiber prepregs for next-generation aircraft and electric vehicles, aiming to lower structural weight while maintaining exceptional strength and durability
  • Prepreg materials offer advantages such as high fiber volume content, uniform resin distribution, and superior mechanical properties, making them ideal for critical applications including aircraft structures, automotive body panels, wind turbine blades, and sporting goods
  • In addition, the rise of electric vehicles (EVs) and urban air mobility (UAM) is fueling demand for advanced composite materials to optimize structural integrity while minimizing weight. The trend extends to wind energy, where large, lightweight blades are essential for improving efficiency and lowering operational costs
  • With industries prioritizing fuel economy, performance, and sustainability, prepreg manufacturers are investing in automation, out-of-autoclave (OOA) processes, and bio-based resin systems to meet evolving requirements and expand applications
  • This trend is reshaping material selection across industries, positioning prepregs as a critical enabler of lightweight design, energy efficiency, and next-generation mobility solutions

What are the Key Drivers of Prepreg Market?

  • The rising need for lightweight, high-performance materials to enhance fuel efficiency, reduce emissions, and improve structural performance is a major driver of the Prepreg market's growth
  • For instance, in March 2024, Teijin Limited announced the development of a next-gen carbon fiber prepreg for aerospace applications, designed to meet stringent weight reduction and durability standards
  • The expansion of the aerospace sector, driven by increasing commercial aircraft production and defense modernization programs, is creating strong demand for carbon fiber and glass fiber prepregs in structural components such as fuselages, wings, and interiors
  • The booming automotive sector, especially electric vehicles, relies on lightweight prepregs to extend driving range, enhance crashworthiness, and comply with global fuel efficiency regulation
  • Moreover, the growing renewable energy industry, particularly wind energy, is boosting demand for prepreg-based composite blades, which are essential for large-scale, high-performance turbines
  • The focus on sustainability is also encouraging the use of recyclable, thermoplastic, and bio-based prepreg materials, aligning with global environmental targets and enhancing the market's long-term growth prospects

Which Factor is challenging the Growth of the Prepreg Market?

  • Despite strong growth potential, the high production costs, complex manufacturing processes, and limited scalability of prepregs remain significant challenges hindering broader adoption
  • For instance, the reliance on labor-intensive processes such as autoclave curing increases production time and costs, limiting prepreg use in price-sensitive industries such as mass-market automotive manufacturing
  • In addition, raw material volatility, especially in carbon fiber supply, can impact pricing and disrupt supply chains, posing risks for OEMs and component manufacturers
  • Prepreg materials also require controlled storage conditions, including refrigeration, to maintain shelf life and quality, increasing logistics complexity and operational costs
  • Technological limitations in scaling up cost-effective, high-volume prepreg production for sectors beyond aerospace and high-performance sports equipment restrict market penetration
  • Overcoming these barriers requires investment in automated production lines, out-of-autoclave technologies, and material innovations to lower costs, improve scalability, and expand prepreg applications into new, high-growth markets such as automotive and wind energy

How is the Prepreg Market Segmented?

The market is segmented on the basis of product, resin type, weave type, manufacturing process, fiber reinforcement type, and application.

  • By Product

On the basis of product, the Prepreg market is segmented into Glass Fiber Prepreg, Carbon Fiber Prepreg, and Aramid Fiber Prepreg. The Carbon Fiber Prepreg segment dominated the Prepreg market with the largest market revenue share of 59.4% in 2024, driven by its exceptional strength-to-weight ratio, stiffness, and growing use in high-performance applications across aerospace, defense, automotive, and wind energy sectors. Carbon fiber prepregs are highly preferred for structural components where weight reduction and superior mechanical properties are critical.

The Aramid Fiber Prepreg segment is anticipated to witness the fastest growth rate from 2025 to 2032, owing to its high heat resistance, durability, and increasing demand in defense, aerospace, and ballistic protection applications. The segment’s growth is also fueled by the rising need for lightweight, high-performance materials in harsh operating environments.

  • By Resin Type

On the basis of resin type, the Prepreg market is segmented into Thermoset Prepreg and Thermoplastic Prepreg. The Thermoset Prepreg segment held the largest market revenue share in 2024, driven by the widespread use of epoxy and phenolic resin systems across aerospace, wind energy, and sporting goods industries. Thermoset prepregs offer excellent mechanical strength, thermal stability, and are ideal for high-performance, structural applications.

The Thermoplastic Prepreg segment is expected to witness the fastest CAGR from 2025 to 2032, driven by its recyclability, impact resistance, and ease of processing. The growing focus on sustainability and lightweight design in automotive and aerospace industries is accelerating demand for thermoplastic prepregs.

  • By Weave Type

On the basis of weave type, the Prepreg market is segmented into UD (Unidirectional) Prepreg and Fabric Prepreg. The UD Prepreg segment dominated the market with the largest market revenue share in 2024, owing to its ability to provide high directional strength and stiffness, making it ideal for aerospace and wind turbine blade applications. UD prepregs are widely used for structural reinforcements where high load-bearing capacity is essential.

The Fabric Prepreg segment is anticipated to grow at the fastest CAGR during the forecast period, driven by its design flexibility, drapability, and suitability for complex geometries, particularly in automotive, marine, and sporting goods applications.

  • By Manufacturing Process

On the basis of manufacturing process, the Prepreg market is segmented into Hot Melt and Solvent Dip. The Hot Melt segment accounted for the largest market revenue share in 2024, attributed to its environmental benefits, superior resin control, and widespread adoption in aerospace and defense sectors for producing high-quality composite components.

The Solvent Dip segment is projected to witness the fastest growth rate from 2025 to 2032, particularly in applications requiring complex resin formulations or lower-cost prepreg production, with growing usage in emerging markets and industrial sectors.

  • By Fiber Reinforcement Type

On the basis of fiber reinforcement type, the Prepreg market is segmented into Carbon Fiber Prepreg, Glass Fiber Prepreg, Aramid Fiber Prepreg, and Others. The Carbon Fiber Prepreg segment held the largest market revenue share in 2024, supported by its lightweight, high-strength properties, and critical role in aerospace, defense, and high-performance automotive components.

The Glass Fiber Prepreg segment is expected to register the fastest CAGR from 2025 to 2032, driven by its cost-effectiveness, corrosion resistance, and expanding use in wind energy, construction, and sporting goods industries.

  • By Application

On the basis of application, the Prepreg market is segmented into Aerospace and Defense, Wind Energy, Sporting Goods, Automotive, Electronics, and Others. The Aerospace and Defense segment dominated the market with the largest market revenue share of 42.8% in 2024, fueled by increasing aircraft production, lightweight material requirements, and stringent safety standards. Prepregs are extensively used in aircraft structures, interiors, and defense equipment to enhance performance and reduce weight.

The Wind Energy segment is projected to witness the fastest growth rate during the forecast period, propelled by the global transition towards renewable energy, larger wind turbine blade designs, and the demand for lightweight, durable materials to improve energy efficiency.

Which Region Holds the Largest Share of the Prepreg Maret?

  • North America dominated the Prepreg market with the largest revenue share of 38.9% in 2024, driven by increasing demand for advanced composite materials across aerospace, defense, automotive, and wind energy industries
  • The region’s strong presence of key aircraft manufacturers, coupled with defense modernization programs, fuels substantial prepreg consumption
  • The shift towards lightweight materials to improve fuel efficiency and reduce carbon emissions is a significant growth driver in North America. The well-established infrastructure for research, manufacturing, and application of composite materials further supports market expansion

U.S. Prepreg Market Insight

The U.S. Prepreg market captured the largest revenue share within North America in 2024, supported by robust demand from aerospace and defense sectors. The increasing production of commercial aircraft, defense upgrades, and rising investments in electric vehicles (EVs) and wind energy contribute to prepreg adoption. Leading manufacturers such as Hexcel Corporation and 3M are driving innovation in carbon fiber and thermoplastic prepregs, strengthening the U.S. market position.

Europe Prepreg Market Insight

The Europe Prepreg market is projected to expand at a notable CAGR throughout the forecast period, fueled by stringent environmental regulations, sustainability targets, and the push for lightweight materials in transportation and renewable energy. Aerospace giants such as Airbus and rising wind turbine production in countries such as Germany and Denmark significantly contribute to regional demand. Prepregs are increasingly used in automotive, sports equipment, and construction applications to enhance performance while reducing weight.

U.K. Prepreg Market Insight

The U.K. Prepreg market is anticipated to grow at a healthy CAGR, driven by its prominent aerospace and automotive industries. Government-backed initiatives to promote clean energy and electric mobility are spurring the adoption of lightweight composites. The U.K.’s focus on research, innovation, and sustainability in advanced materials will continue to support prepreg market growth.

Germany Prepreg Market Insight

The Germany Prepreg market is expected to expand considerably, driven by the country’s advanced automotive sector, renewable energy focus, and robust engineering expertise. With a strong emphasis on high-performance materials and sustainable manufacturing, Germany is seeing increased prepreg utilization in EVs, wind energy, and construction. Growing investments in composite technologies further strengthen Germany's market potential.

Which Region is the Fastest Growing Region in the Prepreg Market?

Asia-Pacific Prepreg market is poised to grow at the fastest CAGR of 13.7% during the forecast period (2025–2032), driven by rapid industrialization, urbanization, and expanding aerospace, automotive, and renewable energy sectors in countries such as China, Japan, and India. The region benefits from increasing domestic manufacturing, government support for lightweight materials, and rising demand for fuel-efficient vehicles and aircraft.

Japan Prepreg Market Insight

The Japan Prepreg market is gaining significant traction due to the country’s strong presence in aerospace, automotive, and electronics industries. Demand for lightweight, high-performance materials in EVs, advanced electronics, and defense applications is driving prepreg adoption. In addition, Japan’s emphasis on technological innovation and sustainability supports market growth.

China Prepreg Market Insight

The China Prepreg market accounted for the largest revenue share in Asia-Pacific in 2024, fueled by expanding aerospace production, the growing EV market, and increased wind energy installations. China’s rapidly developing infrastructure, large domestic manufacturers, and supportive government policies for clean energy and advanced materials significantly boost prepreg demand across multiple industries.

Which are the Top Companies in Prepreg Market?

The Prepreg industry is primarily led by well-established companies, including:

  • Evonik Industries AG (Germany)
  • Teijin Limited (Japan)
  • SGL Group (Germany)
  • DSM (Netherlands)
  • SABIC (Saudi Arabia)
  • Solvay (Belgium)
  • Hexcel Corporation (U.S.)
  • Toray Industries Inc., (Japan)
  • 3M (U.S.)
  • BASF SE (Germany)
  • Covestro AG (Germany)
  • Dow (U.S.)
  • Borealis AG (Austria)
  • ZOLTEK (U.S.)
  • Celanese Corporation (U.S.)
  •  Mitsubishi Chemical Corporation (Japan)
  •  PARK AEROSPACE CORP (U.S.)
  •  Gurit Services AG (Switzerland)
  • Teijin Aramid B.V (Japan), Axiom Materials (U.S.)

What are the Recent Developments in Global Prepreg Market?

  • In April 2024, Hengshen Co. Ltd exclusively supplied carbon fiber for the ultra-large offshore wind blades of the MySE292 project developed by MingYang Group. Hengshen is engaged in the research, development, and manufacturing of carbon fiber, woven fabrics, NCF fabrics, resin, prepreg, and other composite materials, contributing significantly to the wind energy sector's advancement
  • In October 2023, the Mitsubishi Chemical Group (MCG Group) announced the full acquisition of CPC SRL, a renowned Italian company specializing in the production and distribution of carbon fiber reinforced plastic (CFRP) components for the automotive industry. This acquisition strengthens MCG Group's position in the high-performance automotive materials market
  • In July 2023, Toray Composite Materials America, Inc. revealed its plans for a major expansion of its carbon fiber production facility in Spartanburg, South Carolina. The 30,000-square-foot facility upgrade, scheduled for completion in 2025, will increase Toray's carbon fiber production capacity by 3,000 metric tons annually, supporting the growing demand for renewable energy solutions
  • In June 2021, Solvay introduced CYCOM EP2750, a high-compression molding prepreg designed specifically for the aerospace industry. This innovative product enhances manufacturing efficiency and material performance in critical aerospace applications

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Global Prepreg Market, Supply Chain Analysis and Ecosystem Framework

To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Prepreg Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Prepreg Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.

Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Frequently Asked Questions

The prepreg market size will be worth USD 23.77 billion by 2031.
The growth rate of the prepreg market is 13%.
Increasing Demand from Aerospace Industry & Growing Wind Energy Sector are the growth drivers of the prepreg market.
Product, resin type, weave type, manufacturing process, fiber reinforcement type, and application are the factors on which the prepreg market research is based.
Major companies in the prepreg market are Evonik Industries AG (Germany), Teijin Limited (Japan), SGL Group (Germany), DSM (Netherlands), SABIC (Saudi Arabia), Solvay (Belgium), Hexcel Corporation (U.S.), Toray Industries Inc, (Japan) 3M (U.S.), BASF SE (Germany), Covestro AG (Germany), Dow (U.S.), Borealis AG (Austria), ZOLTEK (U.S.), Celanese Corporation (U.S.), Mitsubishi Chemical Corporation (Japan), PARK AEROSPACE CORP (U.S.), Gurit Services AG (Switzerland), Teijin Aramid B.V (Japan), and Axiom Materials (U.S.).
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