The global core materials market for composites is segmented on the basis of type, end-use industry, and region. Based on type, the core materials market for composites has been further segmented into foam, honeycomb, and balsa. Foam is expected to be the fastest-growing type segment of the core materials market for composites. Foam core imparts strength and stiffness while keeping the composite structure lightweight. Rapid growth in the wind energy industry, wind turbine blade manufacturing, and emergence of China and other Asian countries as major wind energy producers are factors fueling the consumption of foam core, thereby driving the core materials market for composites at a significant pace.
Major end-use industries in the core materials market for composites are aerospace, wind energy, marine, transportation, construction, and others. The wind energy segment is projected to grow at the highest rate between 2017 and 2022. This can be attributed to the use of composites in designing of blades for large wind turbines. These blades are made by combining core materials and glass reinforced polyester/epoxy. The renewal of Production Tax Credit (PTC) in the U.S. has helped the wind energy market to grow, thereby driving the core materials market for composites. The wind energy segment is estimated to grow due to the rising demand for clean energy across the globe.
In 2019, the market size of Core Materials is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of 8.1% 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 Core Materials.
This report studies the global market size of 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 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:
Diab Group (Ratos)
Evonik Industries AG
Gurit Holding AG
3A Composites
Hexcel Corporation
Armacell International S.A.
Changzhou Tiansheng New Materials Co. Ltd
The Gill Corporation
Euro-Composites S.A.
Plascore Incorporated
Market Segment by Product Type
Foam
Honeycomb
Balsa
Market Segment by Application
Aerospace
Wind Energy
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 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 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 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 Core Materials. Industry analysis & Market Report on Core Materials is a syndicated market report, published as Global (United States, European Union and China) Core Materials Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Core Materials market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.