Aluminium Honeycomb Panel Market: Global Industry Analysis and Forecast 2021-2026
March 23, 2022
Stratview Research has recently added a new report titled Aluminium Honeycomb Panel Market to its collection. The report studies vital factors about the market that are essential for existing players as well as new market entrants. The report throws light on the critical elements such as market share, profitability, supply chain, production, sales, upcoming technologies, key market players, regional segmentation, and many more aspects related to the Aluminium Honeycomb Panel Market
The years considered in this report to estimate the market size of the market are:
• History Year: 2016-2019
• Forecast Year: 2021 to 2026
The key players covered in this report are –
- Novelis Inc. (US)
- PortaFab (US)
- Alcoa Corporation (US)
- 3A Composites (Switzerland)
- Eco Earth Solutions (India)
- Renoxbell Aluminum Co., Ltd (China)
- Pacific Panels Inc (US)
- Flatiron Panel Products (US)
- Foshan Fuige Honeycomb Products Co., Ltd (China)
- Hexcel Corporation (US)
Market Highlights
The growth of the aluminum honeycomb panel market is driven by widespread use in a broad range of applications including curtain walls, cladding, elevator panels, roof ceilings, and shelves among others. Significant growth of the automotive & transportation industry with increasing automobile production is expected to bolster the market growth. Moreover, surging demand for environment-friendly materials across verticals is likely to create lucrative opportunities for the players operating in the global market during the review period.
Segment-wise analysis
Based on the end-use industry, the market has been segmented into construction, display, aerospace & defense, transportation, marine, and others. Among these, the aerospace & defense segment accounted for the largest market share in 2020 and is expected to propel the market growth at a significant rate during the review period. The market growth can be attributed to expanding the aerospace & defense industry across the geographies.
The market in the Asia-Pacific region accounted for the largest market share in 2020 and is expected to grow at a healthy CAGR during the review period. The regional market growth can be attributed to expanding growth of automotive, construction, marine, aerospace & defense industries in the developing countries, particularly China and India. The market in North America and European regions is expected to be driven by the established presence of the end-use industries.
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The main steps in the investigation process are:
- Stratview Research has gathered the raw data from industry experts and direct research analysts using primary and secondary sources.
- The experts also classify the information obtained by qualitative and quantitative data to place it in a proper way to make final conclusions.
- This report also provides market intelligence and throws light on critical insights into the market dynamics.
The information gathered in the report enables strategic decision making for the existing players as well as those willing to enter the market. The report contains growth drivers and constraints, market trend and forecast analysis, market segment trend, competitive landscape and dynamics, attractive market segments and associated growth opportunities, etc.
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