Core Materials Market For Composites Report

Core Materials Market Insights for Composites    

Core Materials Market for Composites is likely to witness an impressive CAGR of 9.2% during the forecast period. Growing manufacturing industries, increasing patents by companies, and new product unveilings are the factors that are underpinning the growth of the core materials market for composites globally.

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Market Share Analysis

Core Materials Market Share for Composites: By Type

Based on the type, the market is segmented as foam, honeycomb, and balsa. Foam is estimated to be the fastest-growing segment in the coming five years. Rapid progression of wind energy industry and wind turbine blade manufacturing drives the growth of this segment.  

Core Materials Market Share for Composites: By End-User Type

Based on the end-user type, the market is segmented as aerospace, wind energy, marine, transportation, construction, and others. The wind energy segment is estimated to lead the market during the forecast period. The growth is attributed to the high demand for core materials for composites by various end-use industries such as wind energy for designing and manufacturing of blades for large wind turbines.

Core Materials Market Share for Composites: By Region

In terms of regions, North America dominated the market for core materials for composites in 2018. The region is also expected to retain its dominance during the forecast period. The market is sustained by the growing demand for core materials for composites by various end-use industries, especially by the wind energy industry. Asia-Pacific is also expected to offer considerable growth opportunities during the forecast period. China and India are the growth engines of the region.

Core Materials Market for Composites: Key Players

Some of the core materials for composite manufacturers are Diab Group, Evonik Industries AG, Gurit Holding AG, Hexcel Corporation, Armacell International S.A., Changzhou Tiansheng New Materials Co. Ltd., The Gill Corporation, Euro-Composites S.A., Plascore Incorporated, and BASF SE.

Market Scope & segmentation

Core Materials for Composites are known to be materials with low strength. But due to their higher thickness offers higher stiffness even with lower density.

Core Materials with Composites can be of various types such as foam, honeycomb, or balsa. They are used mostly in aerospace, wind energy, marine, transportation, construction, and others.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The core materials market for composites is segmented into the following categories. 

Core Materials Market Size, Share, & Forecast for Composites, by Type:

• Foam
  • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (Type Analysis: PVC Foam, PET Foam, SAN Foam, and Others)
• Honeycomb
  • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (Type Analysis: Aluminum, Aramid, and Thermoplastic)
• Balsa (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Core Materials Market Size, Share, & Forecast for Composites, by End-Use Industry Type:

• Aerospace (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Wind Energy (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Marine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Transportation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Core Materials Market Size, Share, & Forecast for Composites, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the types by end-use industry type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.