Honeycomb Core Materials Market to offer a healthy CAGR of 11.2% during 2020-25
February 12, 2020
Honeycomb Core Materials Market Overview:
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.
Report Overview:
This new report from Stratview Research analyses the Honeycomb 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
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Honeycomb Core Materials Market Segment Insights:
Type: aluminum, nomex, thermoplastic and others
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.
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https://www.stratviewresearch.com/toc/775/honeycomb-core-materials-market.html
End-Use Industry Type: packaging, aerospace & defense, transportation and others
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.
A highly/moderately/fragment consolidated Market
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.
Region: Asia-Pacific is expected to be the largest market
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.
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About Stratview Research
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