Stratview Research in its recent report has offered an overlook of the current Out-of-Autoclave (OOA) Prepreg Market scenarios and has also estimated the Out-of-Autoclave (OOA) Prepreg Market size to reach US$ 206.1 million in 2023. The insights highlighted in the report are based on data that is carefully collected from reliable sources and is then scrutinized to have a proper analysis.

Not only the report offers the market size but also details about the market segmentation with its share. Stratview Research also extends its research to offer a forecast of the market during the period of 2018-2023, to provide the clients with base knowledge of the market and make strategies to have beneficial results ahead.

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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. 

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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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Highlights of the Report:

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.

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.

Features of the Report

This report offers high-quality insights and is 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.

The Out-of-Autoclave (OOA) Prepreg Market analysis report discusses the following heads in great detail:

• 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 

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