Aerospace Prepreg Market to Reach US$ 4.89 Billion in 2024

Aerospace Prepreg Market report is a 324-page study offering actionable insights into the global market opportunities, trends, forecasts, and competitive analysis.

Stratview Research has published a new research report on Aerospace Prepreg Market. This extensive 324-page report by Stratview Research analyses the growth of Aerospace Prepreg Market over the trend period of 2013 to 2018 and forecast period of 2019 to 2024 under the following segments -
• Fiber Type: Carbon Prepreg, Glass Prepreg & Aramid Prepreg
• Resin Type: Epoxy Prepreg, Polyimide Prepreg, etc.
• Aircraft Type: Commercial aircraft, military aircraft etc.
• Form Type: Unidirectional & Fabric Prepreg
• Curing Type: Autoclave, OOA, etc.
• by Region: North America, Europe, Asia-Pacific, and RoW

Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/475/aerospace-prepreg-market.html

Increasing demand for fuel-efficient aircraft
The Aerospace prepreg market is expected to grow at a healthy rate over the next five years to reach an estimated value of US$ 4.9 billion in 2024. Currently, aerospace alone accounts for more than 70% of the total prepreg market and it is expected to gain further share in the years to come, propelled by an incessant increase in the penetration of composites in the upcoming aircraft programs with prepreg being the material of choice.

Several factors driving the growth of prepreg in the aerospace industry are increasing demand for fuel-efficient aircraft coupled with composites becoming the material of choice; increasing production of the prepreg-rich aircraft programs including B787 and A350XWB; upcoming aircraft programs with high composites content; and introduction of fuel-efficient variants of the best-selling aircraft programs including B737 Max and A20neo with a greater use of composites.

Commercial aircraft is expected to remain the largest and fastest-growing segment
The market is segmented based on the platform type as commercial aircraft, military aircraft, general aviation, spacecraft, UAVs, and regional aircraft. Commercial aircraft is expected to remain the largest and fastest-growing segment of the market during the forecast period. Increasing production rates of key programs, such as B787, and A350XWB supported by an incessant increase in the demand for fuel-efficient aircraft; market entry of new players, such as COMAC and Irkut; introduction of variants of existing best-selling aircraft programs, such as B737 max, A320neo, and B777X; and rising commercial aircraft fleet across regions are the key factors propelling the demand for prepregs in the commercial aircraft segment.
Epoxy prepreg is expected to remain the most widely used resin

Based on resin type, the market is segmented as epoxy, polyimide (PI), bismaleimide (BMI), polyphenylene sulfide (PPS), cyanate ester, polyether ether ketone (PEEK), polyetherimide (PEI), and others. Epoxy prepreg is expected to remain the most widely used resin system in the market during the forecast period. Epoxy resins bond well with reinforcement materials, such as carbon fiber and glass fiber. Further, they also offer excellent interlaminar strength and mechanical properties, good chemical resistance, and high electrical insulation, which make them a preferred resin system for a wide array of applications including fuselage, wings, control surfaces, as well as interior applications.

Table Of Contents: https://www.stratviewresearch.com/toc/475/aerospace-prepreg-market.html

Autoclave to witness healthy growth
Based on the curing type, the market is segmented as autoclave, out of the autoclave, and others. Autoclave is expected to remain the largest segment of the market during the forecast period. Autoclave curing have decades of excellent track record in the aerospace composites market and is projected to remain one of the most vital curing systems in the aerospace industry. Autoclave curing leads to an excellent surface finish with low void content as well as high pressure ensures good mechanical properties, which make it the most preferred curing process.

North America to remain the largest market
North America is expected to remain the largest market for aerospace prepreg during the forecast period. The USA is the growth engine of the region’s market with the presence of major aircraft OEMs, tier players, raw material suppliers, and part fabricators. Most of the major prepreg manufacturers have their presence in the region to address the emergent needs of the OEMs in order to be the partner for their upcoming aircraft programs or upcoming fuel-efficient variants of existing aircraft programs.

Top market players
The key players in the aerospace prepreg market are Hexcel Corporation, Cytec Solvay Group, Toray Industries, Teijin Group, and Gurit Holdings, AG. Execution of mergers & acquisitions, development of new applications, advancements in prepregs are the key strategies adopted by the major players to gain a competitive edge in the market.

Why Stratview Research
Our report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
● Aerospace Prepreg Market overview, industry life cycle analysis, supply chain analysis
● Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
● Market trend (2013 – 2018) and forecast analysis (2019-2024) of each segment.
● Competitors’ market share, product portfolio and new launches.
● Growth opportunities in each segment.
● Emerging trends which will decide the future course of development.
● Strategic growth opportunities for the existing and new players
● Key success factors.

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