Core Material Market - Trends Forecast Till 2028

Core Material Market, By Type (Foam, Honeycomb, and Balsa), End-use Industry (Wind Energy, Aerospace & Defense, Marine, Automotive & Transportation, Construction, and Industrial) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: July, 2021

Base Year Estimate: 2020

Report ID: D-CM-CMM-274

Format:  

Number of Pages: 382

Domain: Chemicals & Materials

Core Material Market – Trends Forecast Till 2028

Global Core Material market is anticipated to reach USD 1.5 billion in 2021 growing at a CAGR of 13.8% during the forecasting period, 2021-2028.

Core material are made from paper, polymeric foam, or woods like materials which are highly inflammable. These materials are fully covered with insulated materials and are thus not directly exposed to fire. Aluminium core used for covering will make the core material initially unaffected to fire but will eventually melt down.

Due to surge in demand form wind energy industry and use of composites in aerospace industry are some of the factors that have supported long-term expansion for Core Material industry.

Core Material Market Report

Global Core Material market is segmented into Type, End-use Industry and geography.

Type segment is segmented into Foam, Honeycomb, and Balsa

End-use Industry segment is segmented into Wind Energy, Aerospace & Defense, Marine, Automotive & Transportation, Construction, and Industrial

Geographically, global Core Material market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

Key players in global Core Material market are 3A Composites (Switzerland), Diab Group (Sweden), Gurit (Switzerland), Hexcel Corporation (US), Armacell International S.A. (Luxembourg), Euro-Composites S.A. (Luxembourg), Changzhou Tiansheng New Materials Co. Ltd. (China), and The Gill Corporation (US) among others.

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In addition to the market data for Core Material market, Delvens. offers client-centric report and customized according to the company’s specific demand and requirement.

Research Methodology

Secondary Research

This research method involved the usage of extensive secondary sources (such as directories and databases)—Hoovers, Avention, annual reports, investor presentation, conference like Jefferies conference)—to identify and collect information useful for this study of the Core Material market. The purpose of secondary research was to identify and collection of extensive, technical, market-oriented, and commercial study the global Core Material market. Through secondary the market is classified and segmented as per of industry trend, development, regional market. Product and technology development.

Primary Research

The primary sources mainly included several industry experts from the core and related industries and suppliers, manufacturers, distributors, alliances, and organizations related to all segments of this industry’s supply chain. In-depth interviews were conducted with various primary respondents—including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts—to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure depicts the market research methodology used in drafting this report on the Core Material market.

Primary Respondent breakdown is given below:

Core Material Market Primary Respondents

 

Market Sizing

Top-down and bottom approaches were used to derive the market estimate and validating the total revenue of the Core Material market. This approach has also been used to derive the market for segmentation and sub-segmentation.

Data Validation

Impact analysis has been conducted for deriving the market size. After collecting the in-depth quantitative and qualitative data we contact primary respondent in order to gain 98.8% of confidence level on our data.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Core Material market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 1.5 billion

Growth Rate

CAGR of 13.8% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

Type, End-use Industry and Geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

3A Composites (Switzerland), Diab Group (Sweden), Gurit (Switzerland), Hexcel Corporation (US), Armacell International S.A. (Luxembourg), Euro-Composites S.A. (Luxembourg), Changzhou Tiansheng New Materials Co. Ltd. (China), and The Gill Corporation (US)

Available Customization

In addition to the market data for Core Material market, Delvens. offers client-centric report and customized according to the company’s specific demand and requirement.

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