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Out Of Autoclave OOA Prepreg Market Report
Out-of-Autoclave (OOA) Prepreg Market is Segmented by End-Use Industry Type (Aerospace & Defense, Wind Energy, Marine, and Others), by Product Form Type (Unidirectional and Fabric), by Reinforcement Type (Carbon Fiber and Other Fibers), by Matrix Type ...
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
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.
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Research Scope |
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|---|---|
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Trend & Forecast Period |
2012-2023 |
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Regions Covered |
North America, Europe, Rest of the World |
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Size in 2023 |
US$ 206.1 million |
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Figures & Tables |
>150 |
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Customization |
Up to 10% customization available free of cost |
The out-of-autoclave (OOA) prepreg market is segmented into the following categories.
Some of the major OOA prepreggers are-
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.
For calculating the market size, our analysts follow either Top-Bottom or Bottom-Top approach or both, depending upon the complexity or availability of the data points. Our reports offer high-quality insights and are the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. We leverage multitude of authenticated secondary sources, such as company annual reports, government sources, trade associations, journals, investor presentation, white papers, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts are usually executed to obtain both qualitative and quantitative insights.
This report, from Stratview Research, studies the out-of-autoclave (OOA) prepreg market over the forecast period of 2018 to 2023. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities in the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
The out of autoclave prepreg market size is expected to reach US$ 206.1 million in the foreseeable future.
TenCate Advanced Composites, Cytec Solvay Group, Gurit Holding AG, Hexcel Corporation, and GMS Composites are the key players in the out of autoclave prepreg market.
North America is expected to remain the largest out of autoclave prepreg market during the next five years.
Carbon fiber is expected to remain the dominant reinforcement type in the out of autoclave prepreg market in the coming years.
Fabric is expected to remain the largest product type in the out of autoclave prepreg market in the coming years.
Aerospace & defense is expected to remain the largest end-use industry in the coming five years.
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