Out-of-Autoclave Prepreg Market research report is a study offering rich insights on market forecasts, latest market trends, market competition, and opportunity analysis.
Stratview Research announces the launch of a new research report on Out-of-Autoclave Prepreg Market This extensive report from Stratview Research, studies the Out-of-Autoclave Prepreg Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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This Out-of-Autoclave Prepreg Market analysis has been segmented in five ways, keeping in mind the interest of all the stakeholders across the value chain.
- by End-Use Industry Type (Aerospace & Defense, Wind Energy, Marine,and Others)-Aerospace and Defense to remain the most dominant sector.
- by Product Form Type (Unidirectional OOA Prepreg,and Fabric OOA Prepreg) – The fabric is projected to remain the largest product type
- by Reinforcement Type (Carbon Fiber-based OOA Prepreg,and Other Fibers-based OOA Prepreg)- carbon fiber is most widely used reinforcement type
- by Matrix Type (Epoxy Resin-based OOA Prepreg, and Other Resins-based OOA Prepreg)
- and by Region (North America, Europe, and RoW) – North America is expected to remain the largest OOA prepreg market
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The Global Out-of-Autoclave (OOA) Prepreg Market: Highlights
The global OOA prepreg market is likely to witness an excellent double-digit growth rate over the next five years to reach an estimated value of US$ 206.1 million in 2023.
OOA prepreg currently holds a diminutive share in the total prepreg market but is expected to remarkable growth over the next five years. OOA prepreg offers a wide array of benefits over traditional prepregs, such as low-cost infrastructure, low-void content (<1%) in thick laminates, even resin distribution, avoid dry spots & resin-rich pockets, and ability to cure at low temperatures.
The commercial usage of OOA prepreg is still limited to few applications. However, the composites industry has recorded a massive spurt in the demand for OOA prepregs in most of the industries, such as aerospace & defense and wind energy.
All the major prepreggers are increasingly participating in the development of OOA prepreg and its commercial usage in various industries. There is a very similar interest recorded from the side of tier players and OEMs.
The global OOA prepreg market is segmented based on the end-use industry type as Aerospace & Defense, Wind Energy, Marine, and Others. Aerospace & Defense is projected to remain the largest and fastest-growing segment of the OOA prepreg market during the forecast period.
This industry has been successful in developing some commercial usage of OOA prepreg in the structural applications, such as trailing edge, fuselage, and fairings.
Based on the product form type, the fabric is projected to remain the largest product type in the global OOA prepreg market during the forecast period, driven by its usage in the structural to semi-structural applications, such as fuselage. The product type (fabric) is also likely to witness the highest growth during the same period.
Based on the reinforcement type, carbon fiber is most widely used reinforcement type in the global OOA prepreg market and is expected to remain the most dominant during the forecast period. Carbon fiber offers an excellent strength-to-weight ratio, high fatigue properties, high stiffness, and high heat tolerance.
This fiber type is gaining the market traction in all industries including aerospace & defense, marine, and wind energy.
North America is expected to remain the largest OOA prepreg market during the forecast period, driven by the aerospace & defense industry. There are several projects ongoing with regards to the commercial usage of OOA prepreg in different aerospace applications.
Europe is projected to witness the highest growth rate during the same period, driven by an increasing usage of OOA prepregs in the structural applications in the next-generation aircraft, such as A350XWB.
TenCate Advanced Composites, Cytec Solvay Group, Gurit Holding AG, Hexcel Corporation, and GMS Composites are major OOA prepreggers. Most of them are the market leaders in the traditional prepreg too.
New Application development, long-term contracts, and new product development are the key strategies adopted by major players to gain a competitive edge in the market throughout the globe.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value.
It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market Forecast Analysis
- Market segment forecast
- Competitive landscape and dynamics: Market share, Product portfolio, Product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
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