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Finance > Stock MarketCarbon Fiber Prepreg Market: Challenges to Market Growth [url=http://www.manutdfcproshop.com/authentic-marouane-fellaini-manchester-united-jersey/]Marouane Fellaini Jersey[/url] , Size, Share, Forecast
Posted by Marketresearchfuture in Finance on August 13th, 2018


Carbon fiber prepreg are used in a wide range of industry application owing to their excellent properties such as chemical, heat, and moisture resistance, high tensile strength, and superior mechanical properties among others. It is extensively used in applications pertaining to aerospace & defense, automobiles, sports equipments, wind power and others. The rising growth aerospace & defense across the globe is expected to substantially contribute to the growth of the carbon fiber prepreg market.


The global carbon fiber prepreg market is driven by the growing demand for fuel efficient cars and growing investment in the wind energy. Moreover, it is estimated that the aerospace and defense sector is set to witness the highest growth during the forecast years. The properties such as growing operation stability at extreme temperatures and tensile strength has resulted in the increasing adoption of carbon fiber prepreg in the automotive and defense industry.


Market Segmentation The global carbon fiber prepreg market is segmented into resin type, manufacturing process and end user industry. On the basis of the resin type, the market is segregated into epoxy resin, phenolic resin, BMI resin, cyanate ester resin, thermoplastic resin and other resins. The market by manufacturing process is segmented into hot melt manufacturing process and solvent dip manufacturing process. The market by end user industry is further categorized into automotive, aerospace & defense, sports & leisure, wind energy, and others.


Market Scenario On the basis of resin type, the epoxy resin is anticipated to lead the segment in 2016 and is expected to follow the same trend during the assessed years. This growth of the segment is mainly attributed to the growing demand from the automobile, aerospace and defense industry. Moreover, the low maintenance and durability are other reasons for the employment of epoxy resins in the end use industries.


Regional Analysis: The global carbon fiber prepreg market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, North America followed by Asia Pacific holds the major share of the market and is expected to continue the dominance during the forecast years. The presence of the most populated countries of the world such as India and China has augmented the demand for various sectors such as the sports & leisure products and automobile in turn adding to the market growth. Carbon Fiber Prepreg is extensively used in the production of bicycles, fishing rods, tennis rackets, and golf shafts among others. Moreover, the growing installation of wind energy capacity mainly in China and India to augmented the power sector also positively effecting the growth of the market.


The North American carbon fiber prepreg market is mainly driven by the U.S. and Canada. The presence of the developed end-user industries such as automotive and aerospace coupled with the increasing adoption rate is contributing significantly to the growth of the market. Moreover, the growing investment in the wind energy and defense sector is further expected to add fuel to the growth of the market.


Competitive Analysis: Cytec Solvay Group, Royal TenCate N.V., Teijin Limited, Toray Industries, Inc., Hexcel Corporation, SGL Group, Gurit Holding AG, Park Electrochemical Corporation, Mitsubishi Rayon Co., Ltd., Axiom Materials


Access Report Details @

WELLINGTON, Oct. 6 (Xinhua) -- While New Zealand business representatives -- except for the dairy industry -- enthusiastically welcomed the agreement of the 12-nation Trans- Pacific Partnership (TPP) on Tuesday, critics remained outraged at the secrecy that still surrounds the detail of the deal.


"The government has ignored, insulted and lied to its citizens, " said Auckland University Professor of Law Jane Kelsey, who is leading an ongoing legal case for the release of the TPP documents.


Trade Minister Tim Groser had misled New Zealanders with claims that he would walk away from a bad deal, Kelsey said in a statement, referring to the meagre gains on access for New Zealand 's pillar dairy industry.


"The government's 'trust us' promises were a sham and New Zealanders have been sold down the river," said Kelsey.


She urged New Zealanders to ask the question "Who gave the prime minister and trade minister the right to sacrifice our rights to affordable medicine, to regulate foreign investment, to decide our own copyright laws, to set up new SOEs (state-owned enterprises), and whatever else they have agreed to in this secret deal and present it to us as a fait accompli?"


The fight for greater transparency of the deal was "far from over" as there was still three months before the agreement would be signed, giving opposition politicians and the public time to voice their disapproval, she said.


The opposition New Zealand First party said it wanted to change the law so international treaties are discussed and approved by Parliament before signing, preventing any government from making " blank cheque commitments."


The party was urgently putting forward a bill to stop such " anti-democratic behavior," New Zealand First trade spokesperson Fletcher Tabuteau said in a statement.


"There is need for a higher level of transparency when small, privileged and often out-of-touch groups get to negotiate these deals on behalf of the wider public," said Tabuteau.


The opposition Green Party said the TPP would make ordinary New Zealanders "tenants in our own land," while private companies snapped up the limited gains of about 1 percent of gross domestic product.


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