Lucintel Blog: Lucintel Forecasts BMI Prepreg Market to Reach $208.7 Million by 2027

Thursday, September 8, 2022

Lucintel Forecasts BMI Prepreg Market to Reach $208.7 Million by 2027

According to the recent study the BMI prepreg market is projected to reach an estimated $208.7 million by 2027 from $139.1 million in 2021, at a CAGR of 7% from 2021 to 2027. 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).

Download sample report by clicking on below link

https://www.lucintel.com/bmi-prepreg-market.aspx

“Defense market is expected to remain the largest segment during the forecast period.”

Based on end use, the BMI prepreg market is segmented into defense, commercial aircraft, general aircraft and others. Lucintel forecasts that the defense market is expected to remain the largest segment due to increasing demand of BMI prepreg in high heat resistance applications in military aircrafts and missiles.

“Within the BMI prepreg market, the tooling segment is expected to remain the largest application.”

Based on application the tooling segment is expected to witness the highest growth over the forecast period due to BMI prepreg based tool is three times lighter and economical than invar tool.

“North America will dominate the BMI prepreg market in near future.”

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.

Download Brochure of this report by clicking on https://www.lucintel.com/bmi-prepreg-market.aspx.

Major players of BMI prepreg market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Cytec Solvay Group, Hexcel Corporation, Toray Industries Inc., Mitsubishi Chemical Corporation, and Gurit are among the major BMI prepreg providers.

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 click on this link https://www.lucintel.com/bmi-prepreg-market.aspx or helpdesk@lucintel.com.

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. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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