Out of Autoclave Prepreg Market, Size, Share and Forecast 2019-2026
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  • Out of Autoclave Prepreg Market, Size, Share and Forecast 2019-2026

     



    (Transportation-News.com, December 24, 2019 ) Market Overview

    • Out of Autoclave composite manufacturing is an alternative to the traditional high-pressure autoclave curing process that is commonly used by the aerospace industry for manufacturing composite materials.

    • OOA process achieves the same quality as an autoclave but through a different cost-effective and efficient operation. OOA processing offers a more sustainable manufacturing pathway, by preceding the use of an autoclave, while producing autoclave-quality composites, in a cost-efficient way.

    • Out of autoclave processing is being increasingly adopted in many end-user industries such as automotive, aerospace and wind energy, owing to the high-performance characteristics that cross the mandated 1% void content threshold cost-effectively and efficiently which is highly critical for structural applications.

    • The global out of autoclave prepreg market by volume accounted for USD YY million in 2018 and is expected to grow at a CAGR of YY% to reach USD YY million in 2026.



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    Market Dynamics

    • The high-performance characteristics of the composites, and the cost-effective and efficient manufacturing process, when compared to the traditional autoclave technology, are the primary market drivers.

    • Many composite components have been traditionally manufactured using the autoclave technology, that is exceptionally capital-intensive, require high operational costs, and slow curing-cycle times.

    • Out of autoclave composite-curing offers a wide array of benefits over the traditional prepregs, such as cost-effective infrastructure and high-performance characteristics, that has caused many manufacturers to seek the less costly, more versatile, out of autoclave composite-curing technologies.

    • For instance, in March 2017, the Dow Automotive Systems introduced a new solution for out-of-autoclave prepreg composites, VAUSE, that is designed to work like compression molding to achieve fast cycle times while manufacturing.

    • The new VORAFUSE can be cured in two to five minutes for high volume manufacturing with potential applications in various structural applications which require strength, stiffness and lightweight construction

    • However, large components cannot be fabricated, and the manufacturing process has a relatively high possibility of dilution with foreign particles during the manufacturing which is expected to hamper the growth of the market.



    Market Segmentation

    • The global Out-Of-Autoclave Prepreg market is segmented by product form, end-use industry, and the reinforcement type.

    • By end-user industry, the global out-of-autoclave prepreg market is segmented into aerospace & defense, wind energy, marine, and others.

    • Aerospace & defense is the largest and the fastest-growing segment, owing to the increased adoption in the US aerospace and military departments.

    • The US Air Force has identified OOA prepregs as vital for achieving the fast and affordable manufacturing for future military platforms. Moreover, the additional cost savings when using OOA prepreg manufacturing technology is driving the market in aerospace and defense applications.

    • By the product form, the global out-of-autoclave prepreg market is segmented into unidirectional and fabric. By reinforcement type, the global out-of-autoclave prepreg market is segmented into carbon fiber and others.



    Geographical Share

    • The global out-of-autoclave Prepreg market is segmented into the regions as North America, Europe, Asia Pacific, South America, and others. North America is the largest market, owing to the massive adoption of OOA technology in the aerospace and defense industry.

    • In the US, there are several projects ongoing with regards to the commercial usage of OOA prepregs in different aerospace applications which is expected to drive the market in North America.

    • Moreover, the US Air Force has identified OOA prepregs as vital to achieving the fast and affordable manufacturing for future military platforms. Europe is anticipated to witness the highest growth rate, owing to the increasing usage of OOA prepregs in the structural applications and designs of various aircraft.



    Competitive Trends

    • The global out-of-autoclave prepreg market holds a minuscule share of the total prepreg market, as the commercial usage of OOA prepreg is still limited to only a few applications.

    • The key market players are focused on enhancing their manufacturing technology by acquiring various vital innovators. For instance, in March 2018, Toray Industries has acquired TenCate Advanced Composites Holding B.V., which is a specialist in thermoplastic and thermoset prepreg manufacturing.

    • The acquisition is expected to help Toray in further enhancing their technology to manufacture high-performance thermoset prepreg composites using OOA technology.

    • Few of the key market players of the global Out-Of-Autoclave Prepreg market are: Cytec Solvay Group, GMS Composites, Gurit Holding AG, Hexcel Corporation, Norco Composites, Renegade Material Corporation, SHD Composites, Thermal Product Solutions LLC, Toray Industries, Inc. (TenCate).



    Market Trends

    • Aerospace & Defense is the largest and fastest growing end-use industry segment, owing to the high adoption in the US military applications.

    • North America is the largest geographic segment, owing to the massive adoption of OOA technology in the aerospace and defense industry.

    • Europe is the fastest growing geographic segment, owing to the increasing usage of OOA prepregs in the structural applications and designs of various aircraft.

    • The global out-of-autoclave prepreg market holds a minuscule share of the total prepreg market, owing to the fewer end-user applications.



    The scope of the Report

    • The report covers the factors impacting the market, Porter 5 Forces, Competitive Landscape, Product Benchmarking, and company profiles.

    • Out-Of-Autoclave Prepreg Market is segmented based on the end-use industry as aerospace and defense, wind energy, marine, and others. Based on the product form the market is segmented as – unidirectional and fabric. Based on the reinforcement type the market is segmented into – carbon fiber and others.

    • Based on geography the market is segmented into – North America, South America, Europe, Asia Pacific and the Middle East and Africa.



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