DUBLIN--(BUSINESS WIRE)--The "Global Out-of-Autoclave (OOA) Prepreg Market by End-Use Industry Type, by Product Form Type, by Reinforcement Type, by Matrix Type, and by Region, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023" report has been added to ResearchAndMarkets.com's offering.
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.
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.
Key Topics Covered:
1. Executive Summary
2. Global out-of-Autoclave (OOA) Prepreg Market: Overview and Market Forces
3. Global Out-of-Autoclave (OOA) Prepreg Market Analysis - By End-Use Industry Type
4. Global Out-of-Autoclave (OOA) Prepreg Market Analysis - By Product Form Type
5. Global Out-of-Autoclave (OOA) Prepreg Market Analysis - By Reinforcement Type
6. Global Out-of-Autoclave (OOA) Prepreg Market Analysis - By Matrix Type
7. Global Out-of-Autoclave (OOA) Prepreg Market Analysis - By Region
8. Competitive Analysis
9. Strategic Growth Opportunities
10. Company Profile of Key Players
- Cytec Solvay Group
- GMS Composites
- Gurit Holding AG
- Hexcel Corporation
- Koninklijke Ten Cate NV
- Renegade Material Corporation
For more information about this report visit https://www.researchandmarkets.com/research/wbwkhn/global?w=4