According to Stratistics MRC, the Global Tow Prepreg Market is accounted for $335.50 million in 2020 and is expected to reach $830.69 million by 2028 growing at a CAGR of 12.0% during the forecast period. Increasing use of tow prepreg in the oil & gas industry and penetration of tow prepregs in new applications are the major factors propelling the market growth. However, high processing and manufacturing cost is hampering the market growth. Some of the key players profiled in the Tow Prepreg Market include Arisawa Manufacturing Co., Ltd., ENEOS Corporation, Fibrtec Inc, Hexcel Corporation, Mitsubishi Chemical Corporation, North Thin Ply Technology, Porches Industries Designs, Red Composites Limited, SGL Carbon SE, TCR Composites, Teijin Limited, Toray Industries, Inc, Vitech Composites and Zoltek.
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