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“Global Out-of-Autoclave (OoA) Prepreg Market 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 (Epoxy
Resin and Other Resins), and by Region (North America, Europe, Asia-Pacific, and Rest
of the World), Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023”

Published by
Stratview Research / Jan, 2018

www.stratviewresearch.com Market Reports Advisory & Consulting Sourcing Intelligence


Table of Contents

Table of Content Page Number


List of Figures
List of Tables
Disclaimer
Copyright
Abbreviation
Currency Exchange
About Us
Report Scope
Report Objectives
Research Methodology
Secondary Research
Key Information Gathered from Secondary Research
Stratview Research’s Primary Research Model
Key Information Gathered from Primary Research
Breakdown of Primary Interviews by Region, Designation, and Value Chain Node
Data Analysis and Triangulation
1. Executive Summary
2. Industry Overview and Market Forces
2.1. Introduction
2.2. Market Classification
2.2.1. By End-Use Industry Type

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Table of Contents

Table of Content Page Number


2.2.2. By Product Form Type
2.2.3. By Reinforcement Type
2.2.4. By Matrix Type
2.2.5. By Region
2.3. Market Drivers
2.4. Market Constraints
2.5. Supply Chain Analysis
2.6. PEST Analysis: Impact Assessment of Changing Business Environment
2.7. Industry Life Cycle Analysis
2.8. Porter’s Five Forces Analysis
2.8.1. Bargaining Power of Suppliers
2.8.2. Bargaining Power of Customers
2.8.3. Threat of New Entrants
2.8.4. Threat of Substitutes
2.8.5. Competitive Rivalry
2.9. SWOT Analysis
3. Global Out-of-Autoclave (OoA) Prepreg Market Analysis – By End-Use Industry
3.1. Strategic Insights
3.2. Global Aerospace & Defense OoA Prepreg Market Forecast (US$ Million)
3.3. Global Wind Energy OoA Prepreg Market Forecast (US$ Million)
3.4. Global Marine OoA Prepreg Market Forecast (US$ Million)
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Table of Contents

Table of Content Page Number


3.5. Global Others OoA Prepreg Market Forecast (US$ Million)
4. Global Out-of-Autoclave (OoA) Prepreg Market Analysis – By Product Form Type
4.1. Strategic Insights
4.2. Global Fabric-based OoA Prepreg Market Forecast (US$ Million)
4.3. Global Unidirectional OoA Prepreg Market Forecast (US$ Million)
5. Global Out-of-Autoclave (OoA) Prepreg Market Analysis – By Reinforcement Type
5.1. Strategic Insights
5.2. Global Carbon Fiber-based OoA Prepreg Market Forecast (US$ Million)
5.3. Global Other Fiber-based OoA Prepreg Market Forecast (US$ Million)
6. Global Out-of-Autoclave (OoA) Prepreg Market Analysis – By Matrix Type
6.1. Strategic Insights
6.2. Global Epoxy Resin-based OoA Prepreg Market Forecast (US$ Million)
6.3. Global Other Resin-based OoA Prepreg Market Forecast (US$ Million)
7. Global Out-of-Autoclave (OoA) Prepreg Market Analysis – By Region
7.1. Strategic Insights
7.2. North American OoA Prepreg Market Forecast (US$ Million)
7.3. European OoA Prepreg Market Forecast (US$ Million)
7.4. Rest of the world’s OoA Prepreg Market Forecast (US$ Million)
8. Competitive Analysis
8.1. Strategic Insights
8.2. Presence by Matrix Type

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Table of Contents

Table of Content Page Number


8.3. Presence by End-Use Industry Type
8.4. Geographical Presence
8.5. Mergers and Acquisitions
8.6. New Product Launches
8.7. Market Share Analysis
9. Strategic Growth Opportunities
10.1 Strategic Insights
10.2 Market Attractiveness Analysis
10.2.1 Attractiveness Analysis by End-Use Industry Type
10.2.2. Attractiveness Analysis by Product Form Type
10.2.3. Attractiveness Analysis by Reinforcement Type
10.2.4. Attractiveness Analysis by Matrix Type
10.2.5. Attractiveness Analysis by Region
10.3. Growth Matrix Analysis
10.4. Emerging Trends
10.5. Key Success Factors
11 Company Profile of Key Manufacturers
11.1. GMS Composites
11.2. Gurit Holding AG
11.3. Hexcel Corporation
11.4. Solvay S.A (Cytec Industries Inc.)
11.5. Royal Ten Cate N.V.
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Report Scope

This report studies the global OoA prepreg market and provides an in-depth market analysis, competitive landscapes,
emerging trends, key success factors, and strategic growth opportunities.

The following time period is considered for the market information:


• Base year of the study: 2017
• Trend analysis period: 2016-2017
• Forecast analysis period: 2018-2023

The market has been segmented in the following ways in this report:
• By End-Use Industry Type: Aerospace & Defense, Wind Energy, Marine and Others
• By Product Form Type: Unidirectional OoA Prepreg and Fabric OoA Prepreg
• By Reinforcement Type: Carbon Fiber and Others
• By Matrix Type: Epoxy Resin and Others
• By Region: North America, Europe and Rest of the World

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Report Objectives

The report provides an in-depth analysis of the global OoA prepreg market. This report aims at providing critical market
information and valuable insights which are of high value to the companies, enabling them to identify the strategic
growth opportunities in the market.

The report aims at answering the following key questions:


• What is the market potential of OoA prepreg ?
• What are the market dynamics?
• What is the future growth potential?
• Which segments offer high growth opportunities?
• What are the growth drivers and constraints?
• How is the global environment going to affect the market?
• How competitive is the market?
• What are the key success factors and unmet needs?
• What are the emerging trends?
• What are the strategic growth opportunities?

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Research Methodology

Stratview Research follows a rigorous methodology with a high emphasis on primary research and multiple ways of data
triangulation. We conduct primary research across the value chain to provide a 360-degree view of the market.

Stratview Research Internal


Secondary Research Primary Research
Knowledgebase
• Annual Reports and Fact Books • Robust database across value chain • Industry Players
• Company Websites • In-house industry veterans as • Industry Experts
• Magazines and Publications advisors • Suppliers
• Press Releases & Journals • Project based subject matter experts • Customers
• Industry News • Associations
• Association Articles • Government Institutions
• Government Documents • Others
• Social Media
• Others

Data Analysis (Top-Down and Bottom-Up Approach)

Data Triangulation (Data Evaluation and Multiple Data Triangulation)

Final Deliverables (Final Report with All Findings)

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Breakdown of Primary Interviews by Region, Designation, and Value
Chain Node

Stratview Research team has conducted ten primary interviews with top executives, sales manager, business development
managers, etc. in the entire OoA prepreg market ecosystem to estimate and triangulate market size, trends, and forecasts;
understand competition, identify emerging trends, key success factors, and growth opportunities.

Number of Primary Interviews by Number of Primary Interviews by Number of Primary Interviews by


Value Chain Node Region Designation

10 10 10
Interviews Interviews Interviews

Raw Material Suppliers North America Top Executives


OOA Prepreg Manufacturers Europe Sales Manager
OEM's Asia-Pacific Business Development Manager
Dealers Rest of the World Product Manager
Industry Experts R&D Manager

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Data Analysis and Triangulation

Stratview Research has estimated the OoA prepreg market by conducting both the demand- as well as supply-side analysis and
further triangulated the findings with internal data base and primary interview results.

Top-Down Approach and Bottom-Up Approach

Demand-Side Estimation Supply-Side Estimation

• Annual aircraft production/deliveries by aircraft • List of major companies


type • Company total and OoA prepreg revenue
• Average OoA prepreg per aircraft by aircraft • Company revenue by OoA prepreg type
model
• Average price of OoA prepregs

Data Triangulation
All the data is triangulated multiple times through primary interviews and internal database

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Key Questions Answered in the Report

The report provides an in-depth analysis of the global OoA Prepreg market. This report aims at providing a critical
market information and valuable insights which are of high value to the companies, enabling them to identify the
strategic growth opportunities in the market. The report aims at answering the following key questions:

1. What is the market potential of OoA Prepreg?

2. What are the market dynamics?

3. What is the future growth potential?

4. Which segments offer high growth opportunities?

5. What are the growth drivers and constraints?

6. How is the global environment going to affect the market?

7. How competitive is the market?

8. What are the key success factors and unmet needs?

9. What are the emerging trends?

10. What are the strategic growth opportunities?

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Executive Summary

Stratview Research has conducted 10 detailed primary interviews across the Out-of-Autoclave (OoA) prepreg market
value chain to understand the market dynamics and competitive landscape of the market as well as to estimate and
triangulate the market size and forecasts. Concurrently, we have mapped a remarkable number of existing applications
of OoA prepregs used in different end-use industries for veraciously projecting the market up to 2023.
The global OoA prepreg market offers good growth prospects over the next five years. In the year 2017, the OoA prepreg
market was estimated at US$ XXX million and is likely to grow at an impressive double-digit compound annual growth
rate (CAGR) of XX% over the next five years to reach US$ XXX million by 2023. OoA prepreg is a relatively young
technology, but possesses significant growth potential in various end-use industries, especially aerospace & defense, in
the coming years. Currently, OoA prepreg accounted for approximately X% of the total prepreg market. It is also
estimated that there would be cumulative sales of US$ XXX million worth of OoA prepreg globally during 2018-2023.
Over autoclave-cured prepreg, OoA prepreg offers biggest advantages of low production cost of composite parts and
elimination of the investment in purchasing capital-intensive autoclaves, freezing storage, and tools. Furthermore, the
other major advantages of OoA prepreg, which further reinforce its claimant in various end-use industries, are low
energy consumption, low-part cycle time, and a higher degree of part integration.
Both major commercial aircraft manufacturers, Boeing and Airbus, will be the growth engines of the OoA prepreg
market. Gary Bond, Boeing’s research & technology technical fellow recently stated that “Boeing is currently using both
thermoset and thermoplastic OOA prepreg materials, as well as resin infusion OOA processes. It is working closely with
material suppliers, both to qualify current generation OOA composites and to develop the next-generation of OOA
prepregs. Bringing costs down is a significant focus of this work”.
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Executive Summary Continued…

The key growth drivers of the global OoA prepreg market are:
• Increasing commercial aircraft deliveries
• Increasing production rates of the next-generation aircraft platforms
• Increasing wind turbine installations
• Low operating cost of OoA prepregs
• Shorter processing cycle time
• Increasing penetration of composites in different end-use industries

The global OoA prepreg market is highly consolidated with the presence of less than a dozen players in the market. The
top two players (TenCate Advanced Composites and Cytec Solvay Group) collectively accounted for about XX% share of
the market in 2017. Major players have a vast product portfolio, an excellent product development capability, a wide
geographical reach, an excellent distribution network, and a long list of customers. It is noticed that major OoA
prepreggers are also engaged in the manufacturing of autoclave-cured prepregs. Most of them have an excellent track
record of supplying autoclave-cured prepregs. It is also expected that major players with presence in autoclave prepreg
may enter into the OoA prepreg market to tap the growth potential.

TenCate Advanced Composites was the leader in the global OoA prepreg market in 2017. It alone accounted for XX%
share of the global OoA prepreg market in 2017. The company supplies OoA prepregs to the leading A&D OEMs, such as
Boeing, Bombardier, General Atomics, SpaceX, Lockheed Martin, and Cirrus Aircraft.

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Executive Summary Continued…

Cytec Solvay Group was the second largest player in the global OoA prepreg market with an estimated share of XX% in
2017. The company gained prepreg expertise by acquiring Cytec Industries in 2015. The company majorly serves the
A&D industry and supplies epoxy resin-based OoA prepreg. Wing-fixed trailing edge of Airbus’ A350XWB program is
made with Cytec’s OoA prepreg and is fabricated by GE Aviation in its UK facility. The company has also made its
footprint in the space industry with RUAG Space being one of its key customers.
Gurit Holding AG was the third largest player in the global OoA prepreg market. The company has introduced next-
generation prepregs, which is especially designed to make larger composite components faster, easier, and in a cheaper
method. Wind energy and marine applications are the core industries for which the company supplies its OoA prepregs.
Other key players in the OoA prepreg market are GMS Composites, Renegade Material Corporation, and Hexcel
Corporation.
Stratview Research has segmented the global OoA prepreg market in five ways. Our market segmentation will enable
companies across the value chain to have critical market insights on segments of their interest. In addition, they can
formulate segment specific strategies and focus on high-growth market segments. The global OoA prepreg market has
been segmented in the following ways:
I. By End-Use Industry Type: Aerospace & Defense, Wind Energy, Marine, and Others
II. By Product Form Type: Unidirectional Prepreg and Fabric Prepreg
III. By Reinforcement Type: Carbon Fiber and Others
IV. By Matrix Type: Epoxy Resin and Others
V. By Region: North America, Europe, and Rest of the World.

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Executive Summary Continued…

I. Global OoA Prepreg Market by End-Use Industry Type:

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Executive Summary – Market Snapshot

Table 1.1: The Global OoA Prepreg Market Snapshot

Global OoA Prepreg Market Size in 2017 (US$ Million) US$ XXX Million

Global OoA Prepreg Market Size in 2023 (US$ Million) US$ XXX Million

Growth Trend YoY (2016-2017) (Value Basis) XX%

Growth Rate YoY (2017-2018) (Value Basis) XX%

Growth Forecast CAGR (2018-2023) (Value Basis) XX%

Industry Cycle Stage Growth


Highly Consolidated
Market Concentration
(XX% Share of top 2 players)
Degree of Competition Low

Threat of New Entrants Low

Threat of Substitutes Low to Moderate

Bargaining Power of Suppliers Low

Bargaining Power of Customers Moderate to High

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Market Drivers: Global OoA Prepreg Market

Figure 2.8: Market Drivers in the Global OoA Prepreg Market

Market Drivers Short-Term Mid-Term Long-Term

1. Increasing Commercial Aircraft Deliveries

2. Increasing Production Rates of the Next-Generation Aircraft (B787 and


A350XWB) Programs

3. Increasing Wind Turbine Installations

4. Low Operating Cost of OoA Prepreg

5. Shorter Processing and Reduced Cycle Time

6. Increasing Penetration of Composites in Different End-Use Industries

Impact Highest Lowest (Source: Stratview Research, Primary Interviews)

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Market Constraints: Global OoA Prepreg Market

Figure 2.17: Market Constraints in the Global OoA Prepreg Market

Market Constraints Short-Term Mid-Term Long-Term

1. Established Autoclave Prepreg Market

2. Low Material Out life After Removal from Refrigerated Storage.

Impact Highest Lowest (Source: Stratview Research, Primary Interviews)

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PEST Analysis

Figure 2.19: PEST Analysis of the Global OoA Prepreg Market

Political Factors Economic Factors Social Factors Technological Factors

Overall Impact Assessment

Overall positive business scenario for the OoA prepreg market over the next five years.
Healthy growth opportunities exist for both existing as well as new players
(Source: Stratview Research, Primary Interviews)
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Porter’s Five Forces Analysis

Figure 2.37: Global OoA Prepreg Market– Porter’s Five Forces Model

Threat of New Entrants


(Low)

Bargaining Power of Suppliers Competitive Rivalry Bargaining Power of Customers


(Low) (Low) (Moderate to High)

Threat of Substitutes
(Low to Moderate)

(Source: Stratview Research, Primary Interviews)


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SWOT Analysis

Figure 2.43: SWOT Analysis of the Global OoA Prepreg Market

Strength Weakness Opportunity Threat

(Source: Stratview Research, Primary Interviews)

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Global OoA Prepreg Market Forecast by End-Use Industry
(US$ Million)

Figure 3.2: Global OoA Prepreg Market Forecast by End-Use Industry (US$ Million)

Marine Aerospace & Defense Others Wind Energy

6.2 6.5 6.9 7.1 7.4 7.8 8.3 8.8


2016 2017 2018 2019 2020 2021 2022 2023
(Source: Stratview Research, Primary Interviews)

Stratview
Insights

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Global OoA Prepreg Market Forecast by Product Form Type
(US$ Million)

Figure 4.2: Global OoA Prepreg Market Forecast by Product Form Type (US$ Million)

Fabric Prepreg UD Prepreg

2016 2017 2018 2019 2020 2021 2022 2023


(Source: Stratview Research, Primary Interviews)

Stratview
Insights

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Global OoA Prepreg Market Forecast by Reinforcement Type (US$
Million)

Figure 5.2: Global OoA Prepreg Market Forecast by Reinforcement Type (US$ Million)

Carbon Fiber Other Fibers

2016 2017 2018 2019 2020 2021 2022 2023

(Source: Stratview Research, Primary Interviews)

Stratview
Insights

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Global OoA Prepreg Market Forecast by Matrix Type (US$ Million)

Figure 6.2: Global OoA Prepreg Market Forecast by Matrix Type (US$ Million)
Epoxy Resin Other Resins

2016 2017 2018 2019 2020 2021 2022 2023


(Source: Stratview Research, Primary Interviews)

Stratview
Insights

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Global OoA Prepreg Market Forecast by Region (US$ Million)

Figure 7.2: Global OoA Prepreg Market Forecast by Region (US$ Million)

North America Europe Rest of the World

2016 2017 2018 2019 2020 2021 2022 2023


(Source: Stratview Research, Primary Interviews)

Stratview
Insights

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Global OoA Prepreg Market Share Analysis

Figure 8.3: Global OoA Prepreg Market Share Analysis in


Stratview Insights
2017 (US$ Million)

TenCate Advanced
Composites

Total Market
Size in 2017: Cytec Solvay
US$ XXX Group
Million

Others

(Source: Stratview Research, Primary Interviews)

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Attractiveness Analysis by End-Use Industry

Figure 9.1: Market Attractiveness Analysis by End-Use Industry


Stratview Insights
16%

14%
Growth Rate (%) (CAGR: 2018-2023)

12%

10% Aerospace
& Defense
8%
Wind Energy
6%
Marine
4%
Others

2%
0 20 40 60 80 100
Global OoA Prepreg Market Size in 2017 (US$ Million)

Note: Bubble size represents the OoA Prepreg market size by end-use industries type in 2023 (US$ Million)

(Source: Stratview Research, Primary Interviews)


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Growth Matrix Analysis

Figure 9.6: Growth Matrix Analysis in the Global OoA Prepreg Market
Existing Products New Products

Market Penetration Product Development


Existing Markets

Market Development Diversification


New Markets

(Source: Stratview Research, Primary Interviews)


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Emerging Trends

Figure 9.7: Emerging Trends in the Global OoA Prepreg Market


Impact Assessment
(By 2023)
1.
Trend 1:

2. Trend 2:

Trend 3:

3.
Trend 4:

4.
Determinant of Impacts Highest Lowest (Source: Stratview Research, Primary Interviews)

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Key Success Factors

Figure 9.8: Key Success Factors in the Global OoA Prepreg Market

1.

2.
Key Success
Factors in
the 3.
Global OoA
Prepreg
Market 4.

V5.

(Source: Stratview Research, Primary Interviews)


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Report Pricing Options

Type of License Report Price in USD

Single User License $4,790

Multi User License $6,590

Enterprise License $8,590

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• We have brought veterans on board (as advisors) in each industry which enables us to
quickly build expertise in any research area and provide real time high value insights in
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• We take utmost care in delivering high quality research supported by our robust methodology Sourcing
which consists of three way validation approach comprising expert interviews, secondary Intelligence
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• What makes our reports and assignments different is the value for money we offer by
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