Market Size of Non-Woven Glass Fiber Prepreg Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | < 7.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Non-Woven Glass Fiber Prepreg Market Analysis
The market for the non-woven glass fiber prepreg is expected to grow at a CAGR of approximately 7% globally during the forecast period.
Increasing demand from the automobile sector and growing demand for lightweight and fire-resistant composites are driving the market growth.
High cost of production and the outbreak of COVID-19 are the reasons expected to hinder the market growth.