Global Glass Prepreg Market Growth, Trends and Analysis Segmented by Resin Type, End-User Industry and Geography With Forecasts to 2023 - ResearchAndMarkets.com

DUBLIN--()--The "Global Glass Prepreg Market - Segmented by Resin Type, End-User Industry and Geography - Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global glass prepreg market is expected to witness a CAGR of 7.45% during the forecast period of 2018-2023, driven by the rising demand for airplanes in the Asia-Pacific region. The growing usage of glass prepreg as an asbestos substitute is also likely to stimulate the market.

The global airline passenger traffic is expected to grow at 4.8% year-on-year. As the aviation industry grows, it is likely to drive the demand for airplanes. By 2035, China's domestic air traffic is expected to overtake North America's traffic to become the world's largest. Asia-Pacific alone is expecting the demand of around 15,130 new airplanes till 2035, thereby contributing about 40% of the world's airplane demand.

Glass fiber reinforced plastic (GFRP) finds extensive use in aviation industry where lightness is important. The new agreements and construction plans in Asia-Pacific are coming up to meet the growing demand for travel. In May 2017, the United States aircraft giant, Boeing, had started to build its first overseas factory in China aiming to deliver 100 Boeing 737 planes per year. It is likely to start delivering planes by the end of March 2018.

Companies Mentioned

  • Cytec Solvay Group
  • Hexcel Corporation
  • GURIT
  • Plastic Reinforcement Fabrics Ltd
  • ACP
  • Axiom Materials
  • Isola Group
  • Lingol Corporation
  • Park Electrochemical Corp.
  • SGL Group - The Carbon Company
  • Sunrez Corporation
  • Teijin Limited
  • Krempel Gmbh

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Competitive Landscape

8. Company Profiles

9. Future of the Market

10. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/832s47/global_glass?w=4

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Related Topics: Composites

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Composites