Thermoplastic Prepreg Market - Top Companies and Manufacturers

Companies Dominating the Thermoplastic Prepreg Landscape

The thermoplastic prepreg market is poised to register a profitable expansion during the forecast period. The competitive market has key players maintain their revenue share through continuous innovation and strategic investments. The major players are investing to expand to emerging markets in APAC, the Middle East, and Africa to establish production facilities and shore up supply lines. Furthermore, collaborations with OEMs ensure tailored solutions for the end user and can help in strengthening the market position of the companies.

Here are some key players in the thermoplastic prepreg market:

Toray Advanced Composites
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Solvay
BASF
Syensqo
Ensinger
Krempel GmbH
Hexcel Corporation
Arkema
Lanxess
SABIC
BASF SE

Browse Key Market Insights with Data Illustration:

Thermoplastic Prepreg Market Size & Share, Growth Forecasts 2037

In the News

In March 2024, Arkema and Hexcel announced completion of the first aeronautical structure made of thermoplastic composites. The aerospace-grade materials were developed using Arkema’s Kepstan PEKK resin and Hexcel’s HexTow AS7 and IM7 carbon fibers with the final objective being to produce composite parts that can replace metallic materials (such as steel, aluminum, and titanium) in aircraft structures
In April 2023, Solvay and GKN Aerospace announced a renewal of their collaboration. The partnership aims to expand the usage of thermoplastic composite materials on aerospace structures and Solvay is poised to remain the preferred supplier for TPC materials for GKN Aerospace.

Frequently Asked Questions (FAQ)

The global thermoplastic prepreg sector was valued at USD 290 million in 2024 and is poised to expand at a CAGR of 12.8% during the forecast period, i.e., 2025-2037.

The global thermoplastic prepreg market was valued at USD 290 million in 2024 and expand at a CAGR of 12.8% during the forecast period, i.e., 2025-2037. In 2037, the market is expected to reach USD 1.39 billion by 2037.

The major players in the market are Toray Advanced Composites, Solvay, BASF, Syensqo, Ensinger, Krempel GmbH, Hexcel Corporation, Arkema, Lanxess, SABIC, BASF SE, Teijin Limited, and others.

The PEEK segment of the market by matrix material is poised to register a dominant revenue share of 54.6% during the forecast period. The segment’s growth is attributed to PEEK’s thermal stability boosting demand from the aerospace and automobile sectors.

North America established itself as a dominant region in the global thermoplastic prepreg market with a 30.9% share during the forecast period. The rising production of electric vehicles in the region is driving demand for thermoplastic prepreg, while the well-established aerospace sector remains a steady end user of the material.

Thermoplastic Prepreg Market - Top Companies and Manufacturers

Companies Dominating the Thermoplastic Prepreg Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the thermoplastic prepreg market?

What is the outlook for the thermoplastic prepreg market?

Who are the major players dominating the thermoplastic prepreg market?

Which product segment will capture the significant market share for the thermoplastic prepreg sector by 2037?

Which region will provide more business opportunities for the growth of the thermoplastic prepreg market in the future?