Global Composite Core Material market cagr 15.6%

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Composite Core Material Market

Composite Core Material Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Composite Core Material Market Size and Growth

The Composite Core Material market is experiencing robust growth, driven by increasing demand in aerospace, automotive, and construction sectors. The market size was valued at approximately USD 1.5 billion in 2023 and is projected to reach USD 2.2 billion by 2028, reflecting a CAGR of around 8%.

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Companies Covered

(Covid 19 Impact Covered)

◍ Diab

◍ 3A Composite

◍ Gurit

◍ Evonik

◍ CoreLite

◍ Nomaco

◍ Polyumac

◍ Amorim Cork Composites

◍ Armacell

◍ General Plastics

◍ I-Core Composites

The Composite Core Material Market features key players like Diab, 3A Composites, and Gurit, who drive growth through innovative materials for aerospace, marine, and automotive sectors. Companies enhance product performance and sustainability, fostering market expansion. Notable sales figures include Gurit with approximately $250 million and Evonik around $3.5 billion.

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Market Segmentation

By Application

Renewable Energy

Marine

Building & Construction

Automotive

Rail

Aerospace

Manufacturing Industry

Others

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By Product

Balsa

PVC Foam

PET Foam

PU Foam

Other

Market Growth

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$ X Billion USD

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