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Tow Prepreg Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2027

Global Tow Prepreg Market – (By Resin Type – Epoxy, Phenolic, and Others; By Fiber Type – Carbon and Glass; By Application - Pressure Vessel, Oxygen Cylinder, and Others; By End User - Aerospace & Defense, Automotive & Transportation, Sports & Recreational, Oil & Gas, and Others; and By Region) - Industry Dynamics, Market Size, Opportunity and Forecast to 2027

  • Published On: 30-May-2022  |  Format: pdfpowerpointexcel  |  Report ID: AA0522255
    Delivery: 2 to 4 Hours
Tow Prepreg Market

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Global Tow Prepreg Market was valued at US$ 290.9 Mn in 2021. 

Global Tow Prepreg Market is projected to expand at a CAGR of 7.1% during the forecast period. 

The market is majorly driven by factors such as increasing use of tow prepreg in the automotive & aerospace industry and the advantages it has over wet-winding process.

Increasing demand from emerging economies is creating a lucrative opportunity for the market growth.

The high processing and manufacturing cost is hindering the market growth. 

The various segments considered to analyze the market are based on resin type, fiber type, application, end user, and region. 

Epoxy resins holds the highest share in the global tow prepreg market. 

Oxygen cylinders are the highest application segment in the market in 2021.

Oil & gas industry is the highest end user in the Global Tow Prepreg Market. 

North America dominates the Global Tow Prepreg Market in 2021.

The key players in the global tow prepreg market are Teijin Ltd., Mitsubishi Chemical Holdings, SGL Carbon, TCR Composites, Inc., ENEOS Holdings Inc., Arisawa Mfg. Co., Ltd., and Porcher Industries among others.