Core Materials Market to offer a healthy CAGR of 9.2% during 2020-25
February 13, 2020
Core Materials Market Overview:
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.
Report Overview:
This new report from Stratview Research analyses the Core Materials Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
Get a free sample of the report here:
https://www.stratviewresearch.com/Request-Sample/716/core-materials-market-for-composites.html
Core Materials Market Segment Insights:
Type: foam, honeycomb, and balsa
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.
Click below to run through the detailed ToC of the report:
https://www.stratviewresearch.com/toc/716/core-materials-market-for-composites.html
End-Use Industry Type: aerospace, wind energy and others
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.
A highly/moderately/fragment consolidated Market
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.
Region: North America dominated the market for core materials
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.
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About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
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