High-Temperature Prepreg Market is Forecasted to Reach USD 0.3 Billion in 2026, Says Stratview Research

The global High-Temperature Prepreg Market is projected to witness a growth rate of 4.4% annually from 2021 to 2026, with an anticipated size of USD 0.3 billion in 2026, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global High-Temperature Prepreg Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/391/High-Temperature-Prepreg-Market.html#form

Report Highlights: `
Market Size in 2026: USD 0.3 billion
Growth (CAGR): 4.4% during 2021-2026
Forecast Period: 2021-2026
Trend Period: 2015-2019
Base Year: 2020
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the High-Temperature Prepreg Market:
The global High-Temperature Prepreg Market is segmented by resin type, end-use industry type, form type, curing type & region

Based on the resin type: We have segmented the market as BMI prepreg, cyanate ester prepreg, polyimide prepreg, thermoplastic prepregs, and other prepregs. BMI prepreg and polyimide prepreg are likely to capture a ginormous share of the market through 2026. They are also likely to act as the growth engines of the market in the foreseen future. BMI resins are extensively used in tooling prepreg applications. Furthermore, they are also gaining traction in military aircraft and commercial aircraft applications, such as engine, airframe, nacelle, thrust reverser, and duct applications. Composite parts fabricated using polyimide prepreg exhibit extremely high dimensional stability at elevated temperatures and can withstand continuous use up to 315°C (600°F) and intermittent use up to 480°C (900°F).

Based on the end-use industry type: The market has been segmented as aerospace & defense, transportation, and others. The aerospace & defense industry is accounting for an astronomical share in the market and is also likely to heal up from the pandemic's impact at the highest rate. Despite the transient dent in the production rates of F-35, high-temperature composite-rich fighter aircraft, the aircraft is likely to be the thrust-bearer of the segment's high-temperature prepreg demand in the long-term. Lockheed Martin's F-35 is the best-selling 5th generation fighter aircraft, which incorporates high-temperature composite prepregs substantially. About 35% of the F-35 aircraft's structural weight is composites, about 50% of which incorporates high-temperature prepregs. Lockheed Martin is estimating to manufacture about 120 aircraft in 2020 against its early projection of 141 aircraft.

Based on the curing type: Stratview Research has segmented the market as autoclave curing, out-of-autoclave curing, and others. Autoclave curing is projected to maintain its dominance in the market over the next five years. Aircraft's primary structures, such as wings, fuselages, and empennage components, are mostly fabricated by using composite materials and cured through an autoclave process. The high pressure of autoclave ensures good mechanical properties and helps reduce void content. However, the aerospace industry is experiencing a gradual shift from autoclave curing to out-of-autoclave curing as it eliminates the need for expensive equipment and has no size-restraint.

To know the most attractive segments, click here for a free sample of the report: https://www.stratviewresearch.com/Request-Sample/391/High-Temperature-Prepreg-Market.html#form

Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that North America is projected to remain the largest market during the forecast period. This growth outlook is majorly attributed to the following-
• Driven by the presence of leading aircraft OEMs, aeroengine manufacturers, tier players, prepreg manufacturers, and raw material suppliers.
• The USA is the growth engine of the region's market. Lockheed Martin has opened a new manufacturing facility to produce its high-temperature composite rich F-35 aircraft in Pinellas Park, Florida, the USA, to satisfy customer demands. There is a total un-filled order of more than 2,691 F-35 aircraft from 12 countries out of which the USA's inventory objective is 2,456 F-35 aircraft.

High-Temperature Prepreg Market Drivers:
The growth of the High-Temperature Prepreg Market is driven by several factors.
• In aerospace & defense, high-temperature prepregs are mainly used in primary and secondary structures where they can operate at temperatures reaching 350°C or above.
• Increasing penetration of composites in the aerospace & defense and automotive industries is chiefly driving the demand for high-temperature prepregs.
• Additionally, rising demand for fast-curing prepregs for mass-produced vehicles and longer wind blades, and superior performance of high-temperature prepregs further substantiate the ceaseless demand for high-temperature prepregs in the coming five years.

Top 10 Companies in the High-Temperature Prepreg Market:
Stratview Research has identified the following companies as the top market players:
• Solvay S.A.
• Toray Industries, Inc.
• Hexcel Corporation
• Gurit Holding AG
• Park Electrochemical Corporation
• Teijin Limited.

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the High-Temperature Prepreg Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:
• Thermoset Prepreg Market: https://www.stratviewresearch.com/489/thermoset-prepreg-market.html
• Out-of-Autoclave (OOA) Prepreg Market: https://www.stratviewresearch.com/251/out-of-autoclave-OOA-prepreg-market%20.html

400 Renaissance Center, Suite 2600,
Detroit, Michigan, MI 48243
United States of America

Website: www.stratviewresearch.com
Mail Us: sales@stratviewresearch.com
Press: media@stratviewresearch.com
Call Us: +13133074176

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

This release was published on openPR.