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 2031" 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 2021 to 2031 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.
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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 2021 to 2031 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.
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.
- 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.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Core Materials For Composites Market - By Type
1.3.2 Core Materials For Composites Market - By End-user Industry
1.3.3 Core Materials For Composites Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CORE MATERIALS FOR COMPOSITES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. CORE MATERIALS FOR COMPOSITES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. CORE MATERIALS FOR COMPOSITES MARKET - GLOBAL MARKET ANALYSIS
6.1. CORE MATERIALS FOR COMPOSITES - GLOBAL MARKET OVERVIEW
6.2. CORE MATERIALS FOR COMPOSITES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CORE MATERIALS FOR COMPOSITES MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. FOAM
7.3.1. Overview
7.3.2. Foam Market Forecast and Analysis
7.4. HONEYCOMB
7.4.1. Overview
7.4.2. Honeycomb Market Forecast and Analysis
7.5. WOOD
7.5.1. Overview
7.5.2. Wood Market Forecast and Analysis
8. CORE MATERIALS FOR COMPOSITES MARKET - REVENUE AND FORECASTS TO 2028 - END-USER INDUSTRY
8.1. OVERVIEW
8.2. END-USER INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. AEROSPACE AND DEFENSE
8.3.1. Overview
8.3.2. Aerospace and Defense Market Forecast and Analysis
8.4. MARINE
8.4.1. Overview
8.4.2. Marine Market Forecast and Analysis
8.5. CONSTRUCTION
8.5.1. Overview
8.5.2. Construction Market Forecast and Analysis
8.6. WIND ENERGY
8.6.1. Overview
8.6.2. Wind Energy Market Forecast and Analysis
8.7. AUTOMOTIVE
8.7.1. Overview
8.7.2. Automotive Market Forecast and Analysis
8.8. CONSUMER GOODS
8.8.1. Overview
8.8.2. Consumer Goods Market Forecast and Analysis
8.9. OTHERS
8.9.1. Overview
8.9.2. Others Market Forecast and Analysis
9. CORE MATERIALS FOR COMPOSITES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Core Materials For Composites Market Overview
9.1.2 North America Core Materials For Composites Market Forecasts and Analysis
9.1.3 North America Core Materials For Composites Market Forecasts and Analysis - By Type
9.1.4 North America Core Materials For Composites Market Forecasts and Analysis - By End-user Industry
9.1.5 North America Core Materials For Composites Market Forecasts and Analysis - By Countries
9.1.5.1 United States Core Materials For Composites Market
9.1.5.1.1 United States Core Materials For Composites Market by Type
9.1.5.1.2 United States Core Materials For Composites Market by End-user Industry
9.1.5.2 Canada Core Materials For Composites Market
9.1.5.2.1 Canada Core Materials For Composites Market by Type
9.1.5.2.2 Canada Core Materials For Composites Market by End-user Industry
9.1.5.3 Mexico Core Materials For Composites Market
9.1.5.3.1 Mexico Core Materials For Composites Market by Type
9.1.5.3.2 Mexico Core Materials For Composites Market by End-user Industry
9.2. EUROPE
9.2.1 Europe Core Materials For Composites Market Overview
9.2.2 Europe Core Materials For Composites Market Forecasts and Analysis
9.2.3 Europe Core Materials For Composites Market Forecasts and Analysis - By Type
9.2.4 Europe Core Materials For Composites Market Forecasts and Analysis - By End-user Industry
9.2.5 Europe Core Materials For Composites Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Core Materials For Composites Market
9.2.5.1.1 Germany Core Materials For Composites Market by Type
9.2.5.1.2 Germany Core Materials For Composites Market by End-user Industry
9.2.5.2 France Core Materials For Composites Market
9.2.5.2.1 France Core Materials For Composites Market by Type
9.2.5.2.2 France Core Materials For Composites Market by End-user Industry
9.2.5.3 Italy Core Materials For Composites Market
9.2.5.3.1 Italy Core Materials For Composites Market by Type
9.2.5.3.2 Italy Core Materials For Composites Market by End-user Industry
9.2.5.4 United Kingdom Core Materials For Composites Market
9.2.5.4.1 United Kingdom Core Materials For Composites Market by Type
9.2.5.4.2 United Kingdom Core Materials For Composites Market by End-user Industry
9.2.5.5 Russia Core Materials For Composites Market
9.2.5.5.1 Russia Core Materials For Composites Market by Type
9.2.5.5.2 Russia Core Materials For Composites Market by End-user Industry
9.2.5.6 Rest of Europe Core Materials For Composites Market
9.2.5.6.1 Rest of Europe Core Materials For Composites Market by Type
9.2.5.6.2 Rest of Europe Core Materials For Composites Market by End-user Industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Core Materials For Composites Market Overview
9.3.2 Asia-Pacific Core Materials For Composites Market Forecasts and Analysis
9.3.3 Asia-Pacific Core Materials For Composites Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Core Materials For Composites Market Forecasts and Analysis - By End-user Industry
9.3.5 Asia-Pacific Core Materials For Composites Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Core Materials For Composites Market
9.3.5.1.1 Australia Core Materials For Composites Market by Type
9.3.5.1.2 Australia Core Materials For Composites Market by End-user Industry
9.3.5.2 China Core Materials For Composites Market
9.3.5.2.1 China Core Materials For Composites Market by Type
9.3.5.2.2 China Core Materials For Composites Market by End-user Industry
9.3.5.3 India Core Materials For Composites Market
9.3.5.3.1 India Core Materials For Composites Market by Type
9.3.5.3.2 India Core Materials For Composites Market by End-user Industry
9.3.5.4 Japan Core Materials For Composites Market
9.3.5.4.1 Japan Core Materials For Composites Market by Type
9.3.5.4.2 Japan Core Materials For Composites Market by End-user Industry
9.3.5.5 South Korea Core Materials For Composites Market
9.3.5.5.1 South Korea Core Materials For Composites Market by Type
9.3.5.5.2 South Korea Core Materials For Composites Market by End-user Industry
9.3.5.6 Rest of Asia-Pacific Core Materials For Composites Market
9.3.5.6.1 Rest of Asia-Pacific Core Materials For Composites Market by Type
9.3.5.6.2 Rest of Asia-Pacific Core Materials For Composites Market by End-user Industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Core Materials For Composites Market Overview
9.4.2 Middle East and Africa Core Materials For Composites Market Forecasts and Analysis
9.4.3 Middle East and Africa Core Materials For Composites Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Core Materials For Composites Market Forecasts and Analysis - By End-user Industry
9.4.5 Middle East and Africa Core Materials For Composites Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Core Materials For Composites Market
9.4.5.1.1 South Africa Core Materials For Composites Market by Type
9.4.5.1.2 South Africa Core Materials For Composites Market by End-user Industry
9.4.5.2 Saudi Arabia Core Materials For Composites Market
9.4.5.2.1 Saudi Arabia Core Materials For Composites Market by Type
9.4.5.2.2 Saudi Arabia Core Materials For Composites Market by End-user Industry
9.4.5.3 U.A.E Core Materials For Composites Market
9.4.5.3.1 U.A.E Core Materials For Composites Market by Type
9.4.5.3.2 U.A.E Core Materials For Composites Market by End-user Industry
9.4.5.4 Rest of Middle East and Africa Core Materials For Composites Market
9.4.5.4.1 Rest of Middle East and Africa Core Materials For Composites Market by Type
9.4.5.4.2 Rest of Middle East and Africa Core Materials For Composites Market by End-user Industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Core Materials For Composites Market Overview
9.5.2 South and Central America Core Materials For Composites Market Forecasts and Analysis
9.5.3 South and Central America Core Materials For Composites Market Forecasts and Analysis - By Type
9.5.4 South and Central America Core Materials For Composites Market Forecasts and Analysis - By End-user Industry
9.5.5 South and Central America Core Materials For Composites Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Core Materials For Composites Market
9.5.5.1.1 Brazil Core Materials For Composites Market by Type
9.5.5.1.2 Brazil Core Materials For Composites Market by End-user Industry
9.5.5.2 Argentina Core Materials For Composites Market
9.5.5.2.1 Argentina Core Materials For Composites Market by Type
9.5.5.2.2 Argentina Core Materials For Composites Market by End-user Industry
9.5.5.3 Rest of South and Central America Core Materials For Composites Market
9.5.5.3.1 Rest of South and Central America Core Materials For Composites Market by Type
9.5.5.3.2 Rest of South and Central America Core Materials For Composites Market by End-user Industry
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. CORE MATERIALS FOR COMPOSITES MARKET, KEY COMPANY PROFILES
11.1. DIAB INTERNATIONAL
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. 3A COMPOSITES
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ARMACELL INTERNATIONAL
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. CHANGZHOU TIANSHENG NEW MATERIALS CO. LTD
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. EURO-COMPOSITES S.A
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. EVONIK INDUSTRIES
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. GURIT HOLDING
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. HEXCEL CORPORATION
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. PLASCORE INCORPORATED
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. THE GILL CORPORATION
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
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
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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