Honeycomb sandwich is widely used in lightweight construction especially in aerospace industries because of their high specific strengths and stiffness. The typical sandwich panel consists of a lightweight core covered by two thin face sheets (skin). Each face sheet may be an isotropic material or a fiber-reinforce composite laminate while the core material may either be of metallic / aramid honeycomb or metallic / polymeric foam.
USA is the dominate producer of honeycomb sandwich, the production is 11089 k sqm in 2015, according for about 32.88% of the total amount, followed by China, with the production market share of 28.05%. China also has the highest production growth rate of 6.13% from 2011 to 2015. And China is expected to remain the regions with the largest growth potential in the forecast period. Even though a huge space for growth in the Chinese market exists, the quality and technology should further improve.
At present, in the foreign industrial developed countries the honeycomb sandwich industry is generally at a more advanced level, the world's large enterprises are mainly concentrated in the USA, Europe, accounted for most of the international market share. Meanwhile, these companies have more advanced equipment, strong R&D capabilities; the technical level is in a leading position. But foreign companies’ manufacturing cost is relatively high, compared with Chinese companies, the manufacturing cost is competitive disadvantage, as the Chinese honeycomb sandwich production enterprise technology continues to improve, their share in the international market is increasing, competitiveness in the international market gradually increase. Leading players in honeycomb sandwich industry are Hexcel, Liming Honeycomb, Gill Corporation, EconCore. Hexcel is the largest manufacturer, with the market share of 12.06% in 2015. The top four companies occupied about 29.60% share of the market in 2015.
DuPont is the dominate producer of Nomex. Almost all of aramid honeycomb manufacturers purchased Nomex paper from DuPont as the raw material. Basically, DuPont monopolize the upstream market. And the price of Nomex paper keep increasing tendency in recent years. Therefore, the price of aramid honeycomb panel is higher year by year. While with lower price of aluminum, the price of aluminum honeycomb panel has been falling in recent years.
According to this study, over the next five years the Honeycomb Sandwich market will register a 2.1% CAGR in terms of revenue, the global market size will reach US$ 2070 million by 2024, from US$ 1830 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Honeycomb Sandwich business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Honeycomb Sandwich market by product type, application, key manufacturers and key regions and countries.
This study considers the Honeycomb Sandwich value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Aluminum Core
Aramid Core
Thermoplastic Core
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Aerospace & Defense
Transportation
Construction
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Hexcel
Liming Honeycomb
Gill Corporation
Alucoil
Beecore Honeycomb
EconCore
Plascore
Sika
Pacfic Panels
TRB
Samia Canada
Bangheda
NLM Group
Coretex Group
EverGreen Group
HONYLITE
Qixingnuo Metal
FORM s.r.o.
General Veneer
Sansheng Building Material
Yinshanyan
Daou Aluminum
Nanhai Hongwei
Advanced Custom Manufacturing
Hubei Hangyu
Shinko-North
Ecoearth
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Honeycomb Sandwich consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Honeycomb Sandwich market by identifying its various subsegments.
Focuses on the key global Honeycomb Sandwich manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Honeycomb Sandwich with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Honeycomb Sandwich submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Honeycomb Sandwich . Industry analysis & Market Report on Honeycomb Sandwich is a syndicated market report, published as Global Honeycomb Sandwich Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Honeycomb Sandwich market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.