Aramid Prepreg Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026
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• Aramid Prepreg market size is forecast to reach US$5.2 billion by 2026, after growing at a CAGR of 8.9% during 2021-2026. The aramid prepreg is an aramid fiber layer that is woven together with the resins and resembles a fabric that is woven with aramid fibers and folded into sheets. Para-aramid fiber fabrics are infused with a controlled amount of epoxy resin and phthalic anhydrides to create aramid prepreg. Some of the prominent trends that the market is seeing are raising demand for greater safety and security. Reinforcement fiber based on thermoset and thermoplastic matrixes is essentially used to make the parts stronger and lighter.
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Key Takeaways Asia-Pacific dominates the aramid prepreg market, owing to the increasing electrical & electronics industry in the region. According to Invest India, the domestic electronics market in India to attain US$400 billion by 2025. Thermoset and thermoplastic matrix based aramid Prepreg are increasingly being used to replace their metal counterparts, to manufacture interior and exterior structures, because the former has higher specific strength and modulus than most metallic alloys. There has been an increase in accidents and attacks using fire recently, with increasing urbanization. This is leading to an increase in demand for police, firefighting, and army personnel for protective suits, which is increasing the demand for reinforcement fibers and consecutively driving the market growth. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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By Distribution Channel- Segment AnalysisThe para-aramid segment held the largest share in the aramid prepreg market in 2020. Special combinations of hardness, improved high tenacity and elasticity modulus, as well as extraordinary thermal stability, are given by paraaramids. The end-uses of para-aramids thus include a wide range of automotive, aerospace, military, and commercial applications, including ballistic apparel, rough armors, friction parts for brakes and transmissions, hardened tires and rubber products, ropes and cables, different types of composites, pressure vessels for filament wounds, industrial gloves, supports for circuit boards, and so on. When used in the 5-25 percent material ratio, these reinforcement fibers provide improved results in terms of resistance to heat penetration, abrasion resistance, and UV resistance. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Aramid Prepreg Market Industry Outlook • • • • • • • • • •
ACP Composites, Composite Holding Company DuPont Gurit Holding Ag Hexcel Corporation Isola Group Composites Evolution Lewcott Mitsubishi Rayon Co. Ltd. NACCO Aerospace. Park Electrochemical Corporation, Toray Industries Inc
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Aramid Prepreg Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026 Learn More About the Report
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