According to the recent study the BMI prepreg market is projected to reach an estimated $224 million by 2030 from $147 million in 2023 at a CAGR of 6% from 2023 to 2030. Growth in this market is primarily driven by increasing demand for high temperature-resistance composites material to replace metals in applications where extreme heat and harsh environmental conditions is most critical.
Browse 89 figures/charts
and 64 tables in this 139-page report to understand trends, opportunities and
forecast in BMI prepreg market by end use (defense, commercial aircraft,
general aircraft and others) application (tooling, airframe, nacelles and
others), reinforcement type (fabric/woven BMI prepreg and unidirectional BMI
prepreg), cure type (autoclave, out-of-autoclave and others), regional (North
America, Europe APAC, and ROW).
Lucintel forecasts that
defense will remain the largest end-use during the forecast period due to
increasing demand of BMI prepreg in high heat resistance applications in
military aircrafts and missiles.
Tooling will remain the
largest application and it is also expected to witness the highest growth over
the forecast period, as BMI prepreg based tool is three times lighter and
economical than invar tool.
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BMI prepreg market.
North America is
expected to remain the largest region and witness the highest growth over the
forecast period due to a growing demand for lightweight and high heat
resistance materials in defense, commercial aerospace, and general aviation
industries.
Cytec Solvay Group,
Hexcel Corporation, Toray Industries Inc., Mitsubishi Chemical Corporation, and
Gurit are the major suppliers in the BMI prepreg market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com To get
access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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