Non-Woven Glass Fiber Prepreg Market| Marketsandmarkets™

A non-woven glass fiber fabric and a resin-based glue are combined to create a non-woven glass fiber prepreg, a form of composite material. It is employed in the production of composites used in sporting goods and other consumer products, as well as automotive, aircraft, and other industrial components. The non-woven glass fiber prepreg is perfect for several applications since it combines strength, stiffness, and lightweight. It is also a simple-to-use material that doesn't need a long curing period. Leading companies are concentrating on expanding into new industries by releasing cutting-edge products for wind energy, automotive, and aerospace & defence applications, which are anticipated to propel the expansion of the non-woven glass fiber prepreg market in the near future.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=193435998 

The wind energy application segment has the largest share of the global non-woven glass fiber prepreg market

The market for non-woven glass fiber prepreg on a global scale was dominated by the wind energy application segment. This is brought on by the industry's growing need for materials that are strong, lightweight, and energy efficient. The rise of the non-woven glass fiber prepreg market has also been significantly attributed to the rising demand for wind turbines. In the upcoming years, it is anticipated that the market for non-woven glass fiber prepreg would expand due to the increasing emphasis on renewable energy sources and the rising investments in the wind energy sector.

Non-woven glass fiber prepregs are composite materials created from thermosetting resin systems, like epoxy resin, and glass fibers. They are frequently utilized in the automotive sector to create lightweight components with high stiffness and strength as well as resistance to corrosion, impact, and fatigue. Numerous factors, such as government laws on fuel economy and pollution, shifting customer preferences, and advancements in materials and manufacturing methods, have contributed to the rise in demand for lightweight cars in recent years. Automotive manufacturers are progressively substituting non-woven glass fiber prepregs for conventional materials like steel and aluminum to meet these needs.

Asia-Pacific was the largest market for global Non-woven glass fiber prepreg market, globally

Over the projection period, the Asia Pacific region is anticipated to have the highest market for non-woven glass fibre prepreg. This is mostly a result of the region's growing demand for strong, lightweight materials in the building, automotive, and other industries. Furthermore, it is anticipated that the regional market would be driven by the rising demand for sophisticated composite materials in the aerospace industry in nations like India, Japan, China, and South Korea. Major players' presence in the area is also anticipated to stimulate market expansion.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=193435998  

Key players operational in the non-woven glass fiber prepreg market include Hexcel Corporation, Owens Corning, Solvay S.A, Jushi Group Co., Ltd, Gurit Holdings AG, and Saint-Gobain Adfors, among others.

Have a Look at Related Research Insights:

• Post-consumer Recycled Plastics Market- https://www.whatech.com/og/markets-research/consumer/727341-post-consumer-recycled-plastics-market-growth-is-projected-to-reach-18-8-billion-at-a-cagr-of-5-7-global-forecast-to-2025 

• Methanol Market- https://www.whatech.com/og/markets-research/materials-chemicals/727115-methanol-market-growth-is-projected-to-reach-36-3-billion-at-a-cagr-of-3-4-global-forecast-to-2026 

• Concrete Restoration Market- https://www.whatech.com/markets-research/materials-chemicals/726276-concrete-restoration-market-growth-is-projected-to-reach-20-4-billion-at-a-cagr-of-6-2-global-forecast-to-2026 

About MarketsandMarkets™ 

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. 

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. 

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The Knowledge Store™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.