Market Insights

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.

Segments' Analysis

Out-of-Autoclave (OOA) Prepreg Market Share by End-Use Industry Type

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.

Out-of-Autoclave (OOA) Prepreg Market Share by Product Form Type

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.

Out-of-Autoclave (OOA) Prepreg Market Share by Reinforcement Type

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.

Regional Insights

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.

Market Scope & Segmentation

The out-of-autoclave (OOA) prepreg market is segmented into the following categories.

Out-of-Autoclave (OOA) Prepreg Market Size, Share & Forecast, by End-Use Industry Type:

• Aerospace & Defense
• Wind Energy
• Marine
• Others

Out-of-Autoclave (OOA) Prepreg Market Size, Share & Forecast, by Product Form Type:

• Unidirectional OOA Prepreg
• Fabric OOA Prepreg

Out-of-Autoclave (OOA) Prepreg Market Size, Share & Forecast, by Reinforcement Type:

• Carbon Fiber-based OOA Prepreg
• Other Fibers-based OOA Prepreg

Out-of-Autoclave (OOA) Prepreg Market Size, Share & Forecast, by Matrix Type:

• Epoxy Resin-based OOA Prepreg
• Other Resins-based OOA Prepreg

Out-of-Autoclave (OOA) Prepreg Market Size, Share & Forecast, by Region:

• North America
• Europe
• Rest of the World 

Key Players

Some of the major OOA prepreggers are-

• TenCate Advanced Composites
• Cytec Solvay Group
• Gurit Holding AG
• Hexcel Corporation
• GMS Composites.

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.

Research Methodology

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.

Report Features

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:

• 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 trend and forecast analysis.
• Market segment trend and 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.

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the end-use industry types by product form type 

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

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 sales@stratviewresearch.com.