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Structural Core Materials Market Research Report 2018 to 2023

Structural Core Materials Market Research Report 2018 To 2023

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Copyright Š 2017 Market Research Future.


Structural Core Materials Market Research Report 2018 to 2023

1 Summary Structural Core Materials are used in composites mainly to enhance their physical properties. The most commonly used structural core materials are foam, balsa, and honeycomb. Balsa has a high aspect ratio and is extensively used in boat hulls, navy vessels, military aircraft, and industrial tanks, among others. Honeycomb materials include aluminum, paper, polypropylene, and impregnated fiberglass. Honeycomb is used in applications where extremely lightweight panels are required. According to MRFR analysis, the global structural core materials market is projected to grow at a CAGR of over 5% during the forecast period. Market growth is driven by increasing product demand from the automobile and aerospace industries. Moreover, with rising international trade, the marine sector has seen substantial growth in recent times which, in turn, is projected to have a positive impact on the global structural core materials market. The growing demand for lightweight materials in aircraft, automobiles, and marine vessels due to their high fuel efficiency is expected to be a major factor driving market growth.

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Copyright Š 2017 Market Research Future.


Structural Core Materials Market Research Report 2018 to 2023

1.1 Top Global Players: Some of the key players in the global Structural Core Materials Market are; Diab Group (Sweden), Hexcel Corporation (U.S.), Schweiter Technologies (Switzerland), Euro Composites (Luxembourg), Gurit Holding (Switzerland), The Gill Corporation (U.S.), Changzhou Tiansheng New Materials Co. Ltd. (China), Plascore Incorporated (U.S.), Armacell International (Luxembourg), and Evonik Industries (Germany).

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Copyright Š 2017 Market Research Future.


Structural Core Materials Market Research Report 2018 to 2023

2 Market Categorization The Global Structural Core Materials Market has been segmented by product, skin type, end-use industry, and region. On the basis of product, the market has been segmented into foam, balsa, and honeycomb. The honeycomb segment was the largest in 2017 and is expected to remain so during the forecast period. The foam segment is expected to be the second-largest market during the forecast period. The growing application of foam in wind turbine blades and the nacelles of aircraft and automobiles is expected to drive the growth of the foam segment. On the basis of skin type, the market has been classified as glass fiber reinforced polymer (GFRP), carbon fiber reinforced polymer (CFRP), and natural fiber reinforced polymer (NFRP), and others. According to MRFR analysis, the CFRP segment is expected to hold the majority market share during the forecast period. The advanced properties of CFRP, such as tensile strength and thermal expansion, in comparison with glass and other fibers, account for the growth of the segment. On the basis of end-use industry, the aerospace industry was the largest in 2017 while the wind energy segment is expected to register the highest CAGR during the forecast period. Growing international trade, coupled with the burgeoning aerospace sector in emerging economies, is leading to a surge in demand for structural core materials.

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Copyright Š 2017 Market Research Future.


Structural Core Materials Market Research Report 2018 to 2023

2.1 Intended Audience:      

Structural Core Materials Market Manufacturers Traders and Distributors of Structural Core Materials Market Production Process Industries Potential Investors Raw Material Suppliers Nationalized Laboratory

2.2 Study Objectives of Structural Core Materials Market:  To provide detailed analysis of the market structure along with forecast for till 2023 of the various segments and sub-segments of the Structural Core Materials Market.  To understand the supply and demand dynamics including supply and consumption concentration mapping.  To provide region level market analysis and future outlook for Asia Pacific, Europe, Latin America, North America, and Middle East & Africa.  To provide competitor positioning of the market.  To provide company profiling of major players in the market along with their production and capacity.  To provide regional trade analysis.  To evaluate historical market trends, patents and technologies, and current government regulatory requirements that are relevant to the market.

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Copyright © 2017 Market Research Future.


Structural Core Materials Market Research Report 2018 to 2023

3 Regional Insight: Geographically, the market has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Among these, North America was the leading regional structural core materials market in 2017. Factors such as the growing adoption of the product in the automobile and aerospace sectors are driving market growth. Asia-Pacific is expected to be the fastest-growing regional market during the forecast period. The shifting of automobile bases to the region, coupled with the increasing number of government initiatives for the generation of renewable energy, is further propelling market growth. The structural core materials market in Asia-Pacific is projected to grow at a CAGR of 6.5% during the forecast period.

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Copyright Š 2017 Market Research Future.


Structural Core Materials Market Research Report 2018 to 2023

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Copyright Š 2017 Market Research Future.

Structural Core Materials Market- Emerging Trends, Leading Global Players Insight and Forecast to 20  

Structural Core Materials Market Information by Product (Foam, Balsa, and Honeycomb), Skin Type (GFRP, CFRP, and NFRP), End-Use Industry (Ae...

Structural Core Materials Market- Emerging Trends, Leading Global Players Insight and Forecast to 20  

Structural Core Materials Market Information by Product (Foam, Balsa, and Honeycomb), Skin Type (GFRP, CFRP, and NFRP), End-Use Industry (Ae...

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