Balsa core material is a commonly used end-grain wood core that exhibits high thermal insulation properties and has enhanced acoustic retention. Balsa core material is a type of honeycomb structure and is available in a wide range of thickness, density, and form.
The growth and development of the shipping industry will be one of the major factors that will have a positive impact on the global balsa core materials market during the forecast period. The rising investments in the defense industry is one of the key trends that will contribute to the market growth in the forthcoming years.
One of the major factors hindering the growth of this market is Slower adoption of emerging applications. Despite the increase in the awareness of energy savings globally, many people remain ignorant about the benefits of balsa core materials in terms of their durability and high strength.
The consumption of balsa core materials in Asia-Pacific is expected to increase, owing to stable economic growth, and growth in marine and aerospace industries. Rise in demand for light weighing materials in aerospace industries is anticipated to drive the demand for balsa core materials in this region. In addition, the incorporation of nanotechnology in next-generation composites is anticipated to present new opportunities for market development.
In 2019, the market size of Balsa Core Materials is 200 million US$ and it will reach 300 million US$ in 2025, growing at a CAGR of 5.3% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Balsa Core Materials.
This report studies the global market size of Balsa Core Materials, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Balsa Core Materials production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Airex
Carbon-Core
CoreLite
Diab
Gurit
I-Core Composites
...
Market Segment by Product Type
Monolayer
Multilayer
Market Segment by Application
Wind Energy
Aerospace
Marine
Transportation
Construction
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Balsa Core Materials status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Balsa Core Materials manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Balsa Core Materials are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Balsa Core Materials. Industry analysis & Market Report on Balsa Core Materials is a syndicated market report, published as Global (United States, European Union and China) Balsa Core Materials Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Balsa Core Materials market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.