Core Materials for Composites Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
MARKET INTRODUCTION
Core materials for composites are light-weight materials that are bonded between the skins of two composite materials in a sandwich structure. They are produced in a number of forms, including honeycomb materials, non-woven core fabrics, PVC foam, balso wood, etc. Core materials are highly suitable for numerous interior and structural applications as they demonstrate a unique combination of mechanical properties. They are used mostly in applications such as automotive and transportation, energy, construction, aerospace, etc.
MARKET DYNAMICS
The rising reliance of the aerospace industry on advanced composite materials has opened up new opportunities for core materials manufacturers. Furthermore, the energy sector, particularly the wind energy industry, is a significant consumer of core materials for composites. Core materials for composites are pervasively used in the design of wind turbine components, including rotors and wind turbine blades to make them lightweight and more functionally efficient. The transition from fossil fuel-based energy to green energy witnessed across the globe is likely to have a positive impact on the wind energy sector and subsequently contribute to the growth of the core materials for the composites market. However, the lack of manufacturing process of core materials for composites for bulk volume applications in an economically viable way has hindered the growth of the core materials for the composites market. Moreover, the market is highly capital intensive; this has restricted the entry of new players in the market.
MARKET SCOPE
The "Global Core Materials for Composites Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the core materials for composites market with detailed market segmentation by type, end-user industry, and geography. The global core materials for composites market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading core materials for composites market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global core materials for composites market is segmented on the basis of type and end-user industry. On the basis of type, the core materials for composites market is segmented into foam, honeycomb, and wood. The core materials for composites market on the basis of end-user industry is classified into aerospace and defense, marine, construction, wind energy, automotive, consumer goods, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global core materials for composites market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The core materials for composites market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the core materials for composites market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the core materials for composites market in these regions.
By Type
By End-user Industry
MARKET PLAYERS
The reports cover key developments in the core materials for composites market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the core materials for composites market are anticipated to lucrative growth opportunities in the future with the rising demand for core materials for composites in the global market. Below mentioned is the list of few companies engaged in the core materials for composites market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the core materials for composites market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
Core materials for composites are light-weight materials that are bonded between the skins of two composite materials in a sandwich structure. They are produced in a number of forms, including honeycomb materials, non-woven core fabrics, PVC foam, balso wood, etc. Core materials are highly suitable for numerous interior and structural applications as they demonstrate a unique combination of mechanical properties. They are used mostly in applications such as automotive and transportation, energy, construction, aerospace, etc.
MARKET DYNAMICS
The rising reliance of the aerospace industry on advanced composite materials has opened up new opportunities for core materials manufacturers. Furthermore, the energy sector, particularly the wind energy industry, is a significant consumer of core materials for composites. Core materials for composites are pervasively used in the design of wind turbine components, including rotors and wind turbine blades to make them lightweight and more functionally efficient. The transition from fossil fuel-based energy to green energy witnessed across the globe is likely to have a positive impact on the wind energy sector and subsequently contribute to the growth of the core materials for the composites market. However, the lack of manufacturing process of core materials for composites for bulk volume applications in an economically viable way has hindered the growth of the core materials for the composites market. Moreover, the market is highly capital intensive; this has restricted the entry of new players in the market.
MARKET SCOPE
The "Global Core Materials for Composites Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the core materials for composites market with detailed market segmentation by type, end-user industry, and geography. The global core materials for composites market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading core materials for composites market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global core materials for composites market is segmented on the basis of type and end-user industry. On the basis of type, the core materials for composites market is segmented into foam, honeycomb, and wood. The core materials for composites market on the basis of end-user industry is classified into aerospace and defense, marine, construction, wind energy, automotive, consumer goods, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global core materials for composites market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The core materials for composites market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the core materials for composites market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the core materials for composites market in these regions.
Core Materials for Composites Market Report Analysis
Core Materials for Composites Market
-
CAGR (2023 - 2031)XX% -
Market Size 2023
US$ XX Million -
Market Size 2031
US$ XX Million
Report Coverage
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Industry landscape and competition analysis & recent developments
- Detailed company profiles
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Key Players
- Diab International
- 3A Composites
- Armacell International
- Changzhou Tiansheng New Materials Co. Ltd
- Euro-Composites S.A
- Evonik Industries
- Gurit Holding
- Hexcel Corporation
- Plascore Incorporated
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
By Type
- Foam
- Honeycomb
- Wood
By End-user Industry
- Aerospace and Defense
- Marine
- Construction
- Wind Energy
- Automotive
- Consumer Goods
- Others
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
The reports cover key developments in the core materials for composites market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the core materials for composites market are anticipated to lucrative growth opportunities in the future with the rising demand for core materials for composites in the global market. Below mentioned is the list of few companies engaged in the core materials for composites market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the core materials for composites market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.
- Diab International
- 3A Composites
- Armacell International
- Changzhou Tiansheng New Materials Co. Ltd
- Euro-Composites S.A
- Evonik Industries
- Gurit Holding
- Hexcel Corporation
- Plascore Incorporated
- The Gill Corporation
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
Core Materials for Composites Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ XX Million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2023 - 2031) | XX% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
The List of Companies
1. Diab International
2. 3A Composites
3. Armacell International
4. Changzhou Tiansheng New Materials Co. Ltd
5. Euro-Composites S.A
6. Evonik Industries
7. Gurit Holding
8. Hexcel Corporation
9. Plascore Incorporated
10. The Gill Corporation
1. Diab International
2. 3A Composites
3. Armacell International
4. Changzhou Tiansheng New Materials Co. Ltd
5. Euro-Composites S.A
6. Evonik Industries
7. Gurit Holding
8. Hexcel Corporation
9. Plascore Incorporated
10. The Gill Corporation
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