Nov 9, 2017   SOURCE: BusinessWire

Growth Opportunities in the Global Honeycomb Core Material Market to 2022 - Research and Markets

The "Growth Opportunities in the Global Honeycomb Core Material Market" report has been added to Research and Markets' offering.

The global honeycomb core material market is expected to reach an estimated $640.5 million by 2022 and is forecast to grow at a CAGR of 5.3% from 2017 to 2022.

The future of the honeycomb core material market looks attractive with opportunities in the aerospace, defense, and marine, and other industrial applications. The major growth drivers for this market are excellent mechanical performance of honeycomb core, increasing demand for lightweight materials, and robust growth of the end use industries.

Emerging trends, which have a direct impact on the dynamics of the honeycomb core material industry, include addition of lightweight rubber membranes in honeycomb cores to reduce noise in aircraft and cost-efficient production of honeycomb core with homogenous skin bonding.

Honeycomb core material companies profiled in this market include Hexcel, The Gill Corporation, Eurocomposites, and Plascore are among the major suppliers of honeycomb core materials.

The researcher forecasts that Nomex is expected to remain the largest product segment and is also expected to witness the highest growth in the forecast period due to its lightweight and very good mechanical properties, and this is why it is used in various aerospace applications.

Within the honeycomb core material market, aerospace is expected to remain the largest end use industry; it is also expected to witness the highest growth during the forecast period, supported by increasing demand for lightweight materials in advanced commercial aircraft models.

North America is expected to remain the largest market by value and volume due to the presence of users who consume large volume of honeycomb especially from aerospace industry. Rest of the World is expected to witness the highest growth over the forecast period because of the growing demand form the end user industries in the region.

Scope of the Report

Honeycomb Core Material Market by Product Type [Volume (Million Pounds) and $M shipment analysis for 2011 - 2022]:

  • Nomex
  • Aluminum
  • Others

Honeycomb Core Material Market by End Use Industry [Volume (Million Pounds) and $M shipment analysis for 2011 - 2022]:

  • Aerospace
  • Defense
  • Marine
  • Others

Key Topics Covered:

1. Executive Summary

2. Market Background and Classifications

3. Market Trends and Forecast Analysis from 2011 to 2022

4. Market Trends and Forecast Analysis by Region

5. Competitor Analysis

6. Growth Opportunities and Strategic Analysis

7. Company Profiles of Leading Players

  • Argosy International
  • Carbon-Core Corporation
  • Composite Essential Materials
  • Euro Composites (EC-Group)
  • Hexcel
  • Koninklijke Ten Cate NV
  • Plascore Inc.
  • The Gill Corporation

For more information about this report visit https://www.researchandmarkets.com/research/qxcd8n/growth