The global BMI prepreg market is projected to reach $241.9 million by 2028, at a CAGR of 8.9% during 2022-2028. The growth of BMI prepreg market is 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.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the 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)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the BMI prepreg market?
Q.4 What are some changing demands of customers in the BMI prepreg market?
Q.5 What are the new developments in the BMI prepreg market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this BMI prepreg area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this BMI prepreg market?
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing penetration of BMI prepreg in out-of-autoclave technology.
Based on end use, the BMI prepreg market is segmented into defense, commercial aircraft, general aircraft and others. The defense segment accounted for the largest share of the market in 2022 and is expected to register the highest CAGR during the forecast period, due to increasing demand of BMI prepreg in high heat resistance applications in military aircrafts and missiles.
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.
Key Players in the BMI prepreg market are Cytec Solvay Group, Hexcel Corporation, Toray Industries Inc., Mitsubishi Chemical Corporation, and Gurit.
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