A new research report added Structural Core Materials Market focuses by Crystal Market Research analyzes the current and future prospects of the market. The report comprises comprehensive research based study executive summary with primary and secondary research.
Industry Trend Outlook -
The Structural Core Materials Market was worth USD 1.23 billion in 2014 and is expected to reach approximately USD 2.62 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 8.74% during the forecast period. Developing interest for these materials from the breeze vitality industry is a significant pattern adopted in the market. Moreover, ascend in disposable incomes of purchasers crosswise over nations, for example, U.S., India, and China has prompted fast development of the aviation and car businesses, in this way driving the interest for structural core materials.
Industry Trend Outlook -
The Structural Core Materials Market was worth USD 1.23 billion in 2014 and is expected to reach approximately USD 2.62 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 8.74% during the forecast period. Developing interest for these materials from the breeze vitality industry is a significant pattern adopted in the market. Moreover, ascend in disposable incomes of purchasers crosswise over nations, for example, U.S., India, and China has prompted fast development of the aviation and car businesses, in this way driving the interest for structural core materials.
Competitive Insights
The leading players in the market are Gurit India Pvt Ltd, The Gill Corporation, Evonik Industries, Schweiter Technologies, Rockwell Collins, Hexcel and DIAB International AB. Competition among these players is rising as they have comparative product portfolios and take into account comparable end-use businesses. In any case, organizations intensely put resources into innovative work trying to grow their product portfolios and production capacities, in this manner managing their market positions.
Regional Outlook and Trend Analysis
North America drove the worldwide market on the basis of income in 2016, and this pattern is anticipated to proceed over the conjecture time frame. Development of the construction, wind energy, and car enterprises, for the most part in the developed locales of U.S. also, Canada, is foreseen to move the development of the market in North America in the following years.
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The Structural Core Materials Market is segmented as follows-
By Product:
Balsa
Foam
Honeycomb
By Skin Type:
CFRP
GFRP
NFRP
Others
By End User:
Automotive
Marine
Aerospace
Wind energy
Construction
Others
Product Outlook and Trend Analysis
Aluminum honeycomb, Nomex honeycomb, balsa wood, and resins are the significant raw material sources used for the creation of structural core materials. Costs of these raw materials are anticipated to significantly affect generation costs. Makers of these products have gone into contracts with aircraft producers to supply boards for particular business necessities. In 2016, the honeycomb fragment represented 67.2% of the worldwide business income.
Skin Type Outlook and Trend Analysis
Structural core materials are used in a wide range of applications, for example, wind energy, aerospace, marine, automotive, packaging, construction, and medical equipment. These products are sandwiched by using an external skin made up of glass fiber, carbon fiber, nylon fiber, and a couple of different sorts of fibers. Carbon fiber strengthened polymer (CFRP) held the biggest share of the overall industry in 2016.
Structural Core Materials Market, By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
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Major Table of Contents:
1. Introduction
2. Executive Summary
3. Market Overview
4. Market Analysis by Regions
5. Structural Core Materials Market, By Product
5.1. Introduction
5.2. Global Structural Core Materials Sales, Revenue and Market Share by Product (2014-2017)
5.2.1. Global Structural Core Materials Sales and Sales Share by Product (2014-2017)
5.2.2. Global Structural Core Materials Revenue and Revenue Share by Product (2014-2017)
5.3. Structural Core Materials Market Assessment and Forecast, By Product, 2014-2023
5.4. Foam
5.4.1. Global Foam Sales and Growth Rate (2014-2018)
5.5. Balsa
5.5.1. Global Balsa Sales and Growth Rate (2014-2018)
5.6. Honeycomb
5.6.1. Global Honeycomb Sales and Growth Rate (2014-2018)
6. Structural Core Materials Market, By Skin Type
6.1. Introduction
6.2. Global Structural Core Materials Sales, Revenue and Market Share by Skin Type (2014-2017)
6.2.1. Global Structural Core Materials Sales and Sales Share by Skin Type (2014-2017)
6.2.2. Global Structural Core Materials Revenue and Revenue Share by Skin Type (2014-2017)
6.3. Structural Core Materials Market Assessment and Forecast, By Skin Type, 2014-2023
6.4. GFRP
6.4.1. Global GFRP Sales and Growth Rate (2014-2018)
6.5. CFRP
6.5.1. Global CFRP Sales and Growth Rate (2014-2018)
6.6. NFRP
6.6.1. Global NFRP Sales and Growth Rate (2014-2018)
6.7. Other Skin Types
6.7.1. Global Other Skin Types Sales and Growth Rate (2014-2018)
…..CONTINUED FOR TOC
End User Outlook and Trend Analysis
Aviation was the biggest end-use fragment in the business in 2016. Air travel among significant business hubs has been reliably expanding throughout the years and this pattern is anticipated to proceed over the gauge time frame. The developing aeronautic trade is foreseen to drive the interest for composites, in this manner energizing the market for structural core materials. Wind vitality is foreseen to be the quickest developing fragment.
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