DUBLIN--(BUSINESS WIRE)--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 increasing number of patents filed for structural core materials by global players, growing manufacturing industries, and continuous agreements, partnerships & joint ventures, expansions, new product & technology launches, and mergers & acquisitions activities undertaken by various companies are key factors driving the global structural core materials market.
North America led the structural core materials market, in terms of value, in 2016, owing to high demand for honeycomb core materials from the aerospace and wind energy end-use industries. Established players, such as Hexcel Corporation (US) and The Gill Corporation (US) are accelerating their efforts to increase the production of honeycomb and foam core materials to meet the increasing demand from aircraft and wind blade manufacturers. Therefore, increasing application of honeycomb and foam core materials in the aerospace and wind energy end-use industries is expected to drive the structural core materials market.
Diab Group (Sweden) is one of the major manufacturers of structural core materials. It emphasizes on excellence in consumer-centric product creation and focuses mainly on strategies, such as new product launches, agreements, partnerships, and expansions to grow. The company carried out continuous improvements in several business areas by maintaining its focus. It follows strategic moves to sustain its position as a market leader.
- Growing Demand From Wind Energy Industry
- Growing Use of Composites in the Aerospace Industry
- Highly Capital-Intensive Market
- Delay and Uncertainty in the Renewal of Production Tax Credit (PTC)
- Emergence of PET Foam
- Price Reduction Through Bulk Production and Novel Manufacturing Processes
Key Topics Covered
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
- Carbon Core Corp
- Changzhou Tiansheng New Materials Co. Ltd.
- Core Composites
- Diab Group
- Evonik Industries
- Gurit Holding
- Hexcel Corporation
- Honicel Group
- I-Core Composites
- Matrix Composite Materials Company
- Schweiter Technologies
- The Gill Corporation
For more information about this report visit https://www.researchandmarkets.com/research/5q6dwp/structural_core?w=4