Honeycomb Core Materials Market to experience an impressive growth of 11.2% during 2020-2025

Honeycomb Core Materials Market to experience an impressive growth of 11.2% during 2020-2025

January 27, 2020

Honeycomb Core Materials Market is likely to witness an impressive CAGR of 11.2% during the forecast period. The need for lightweight, high strength, and recyclable packaging solutions is driving the market for honeycomb core materials globally.

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Honeycomb Core Materials Market Segment Insights:

By Type:

Based on the type, the market is segmented as aluminum, nomex, thermoplastic, paper, and others. The paper segment is estimated to lead the market in the coming five years in terms of volume. Nomex honeycomb finds applications in aerospace & defense, sporting goods, and transportation.

By End-Use Industry Type:

Based on the end-use industry type, the market is segmented as packaging, aerospace & defense, transportation, construction & infrastructure, and others. The packaging segment led the market in 2018, in terms of value and volume. The growth of this segment is attributed to the large-scale application in various end-use industries.

By Region:

In terms of regions, Asia-Pacific is expected to be the largest market for honeycomb core materials in the coming five years. China and India are the growth engines of the region. The market is sustained by the growing demand for honeycomb core materials from various end-use industries. North America and Europe are also expected to offer sizeable growth opportunities during the forecast period.

Key Players:

Some of the honeycomb core material manufacturers are Hexcel Corporation, Argosy International, Euro-Composites, Corinth Group, Axxion Group, Koninklijke Ten Cate B.V, Advanced Honeycomb Technologies (AHT), Thermhex Waben GmbH, The Gill Corporation, Ten Cate, and Tubus Baer GmbH.

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Features of the Report

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.

Based on the research, a proper report is crafted with the following key features:

  • 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 

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Author : Emily

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