Stratview Research announces the launch of a new research report on Global Non-Woven Glass Fiber Prepreg Market by End Use Industry Type (Aerospace & Defense, Wind Energy, Automotive, Electrical and Electronics, Marine, and Others), by Sales Channel (Direct Sales and Distributors), by Region (NA, Europe, APAC, ROW), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 – 2021

This report, from Stratview Research, studies the global non-woven glass fiber prepreg market over the period 2010 to 2021. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Non-Woven Glass Fiber Prepreg Market: Highlights
The global non-woven glass fiber prepreg market offers healthy growth opportunity and is likely to grow at 7.5% CAGR during the forecast period of 2016 to 2021. Increasing installations of longer wind turbines, increasing use of composites in the automotive industry, and recovering marine boat sales are some of the major growth drivers of the non-woven glass fiber prepreg market.
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Wind energy is expected to remain the largest user of non-woven glass fiber prepreg market during the forecast period, driven by increasing wind energy installations worldwide. The continuous increasing wind blade length needs a material which has high load bearing properties. Non-woven glass fiber prepreg based wind turbine blades provide higher load bearing capacity than woven prepreg based blades and are highly suitable for longer wind blades. Glass fiber based non-woven prepreg are mostly used to manufacturer different sections of wind blades.

Automotive industry is expected to experience the fastest growth in the next five years driven by increasing use of composites in the mass produced vehicles to reduce an overall vehicle weight and increase the fuel efficiency. The stringent government regulations, such as CAFÉ Standards are putting pressures on automakers to either reduce the vehicle weight or downsize the engine to enhance the fuel efficiency or reduce the carbon emissions. Auto OEMs are heavily working on lightweight materials including non-woven prepreg to meet the targets set by regulations. This will push the demand of non-woven glass fiber prepreg in the global automotive industry.

Asia-Pacific is expected to remain the largest non-woven glass fiber prepreg market during the forecast period. The region is also likely to grow at the fastest rate in the next five years. The largest market for wind turbine installations, the largest automotive producers, the largest electrical and electronic components manufacturing region, and the fastest growing aerospace industry are the major growth drivers of the region. China and India are likely to remain the growth engines of the Asia-Pacific non-woven glass fiber prepreg market in the next five years.

The supply chain of this market comprises raw materials suppliers, textile manufacturers, non-woven prepreg manufacturers, composite part manufacturers, distributors, and OEMs. The key non-woven glass fiber textile manufacturers are Owens Corning, Seartex, PPG Fiberglass, Jushi, CPIC and Taishan Fiberglass and the key OEMs are Vestas, Gamesa, GE Energy, Airbus, Boeing, General Motors, and Ford.

The key non-woven glass fiber prepreg manufacturers are Hexcel Corporation, Gurit Holding AG, and Solvey A.G. New application development, strategic alliances, and long term contracts are the key strategies adopted by the key players to gain competitive edge in the market.

Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
The global non-woven glass fiber prepreg market is segmented into the following categories.
Non-Woven Glass Fiber Prepreg Market, By End Use Industry Type

• Aerospace and Defense (Regional Analysis: NA, Europe, Asia-Pacific, and Rest of the World)
• Automotive (Regional Analysis: NA, Europe, Asia-Pacific, and Rest of the World)
• Electrical and Electronics (Regional Analysis: NA, Europe, Asia-Pacific, and Rest of the World)
• Wind Energy (Regional Analysis: NA, Europe, Asia-Pacific, and Rest of the World)
• Marine (Regional Analysis: NA, Europe, Asia-Pacific, and Rest of the World)
• Others (Regional Analysis: NA, Europe, Asia-Pacific, and Rest of the World)
Non-Woven Glass Fiber Prepreg Market, By Sales Channel Type
• Direct Sales (Regional Analysis: NA, Europe, Asia-Pacific, and Rest of the World)
• Distributors (Regional Analysis: NA, Europe, Asia-Pacific, and Rest of the World)
Non-Woven Glass Fiber Prepreg Market, By Region
• North America (Country Analysis: USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, UK, Italy, and Rest of the Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of the Asia-Pacific)
• Rest of the World (Country Analysis: Middle East and Latin America)

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