Structural Core Materials Market, 2022 by Type (Foam, Honeycomb, and Balsa), Outer Skin Type (GFRP, CFRP, and NFRP), End-use Industry (Aerospace, Wind Energy, Marine, Transportation, and Construction) - ResearchAndMarkets.com

The "Structural Core Materials Market by Type (Foam, Honeycomb, and Balsa), Outer Skin Type (GFRP, CFRP, and NFRP), End-use Industry (Aerospace, Wind Energy, Marine, Transportation, and Construction), and Region - Global Forecasts to 2022" report has been added to ResearchAndMarkets.com's offering.

The global structural core materials market is projected to grow from USD 1.52 billion in 2017 to USD 2.32 billion by 2022, at a CAGR of 8.8% during the forecast period.

The growing demand from the wind energy industry, increasing use of composites in the aerospace industry, and recovery of the marine sector in the US are the major factors fueling the growth of global structural core materials market. However, structural core materials is a highly intensive market which is the main barrier to entry of new players. In addition, delay and uncertainty in the renewal of Production Tax Credit (PTC) are restraining the growth of the market.

Wind energy is a key solution to energy security, air pollution, and price stability. This is driving the demand for structural core materials in this industry. As per the GWEC, in 2016, there were commercial wind power installations in more than 90 countries, with a total installed capacity of 486 GW. The rapid growth of the wind energy industry in China, India, and other countries is driving the demand for structural core materials at a significant rate.

APAC is the fastest-growing structural core materials market. The rising demand for high-performance materials from the wind energy and aerospace industries and increasing expansion and other developmental strategies being undertaken in the region are factors leading to the growth of the structural core materials market in APAC.

China dominated the structural core materials market in APAC, accounting for more than half of the demand for structural core materials in the region in 2016. Increase in the number of installations of wind energy turbines in 2016 and high-speed rail projects are driving the demand for structural core materials in the country.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Macroeconomic Overview and Key Trends

7 Structural Core Materials Market, By Outer Skin Type

8 Structural Core Materials Market, By Type

9 Structural Core Market, By End-Use Industry

10 Structural Core Materials Market, By Region

11 Competitive Landscape

12 Company Profiles

  • ACP Composites
  • Armacell International
  • BASF
  • Carbon Core Corp
  • Changzhou Tiansheng New Materials Co. Ltd.
  • Core Composites
  • Corelite
  • Diab Group
  • Euro-Composites
  • Evonik Industries
  • Gurit Holding
  • Hexcel Corporation
  • Honeylite
  • Honicel Group
  • I-Core Composites
  • Matrix Composite Materials Company
  • Plascore
  • SABIC
  • Schweiter Technologies
  • The Gill Corporation

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