The global core materials market size is expected to reach USD 3,288.1 Million at a revenue CAGR of 13.2% in 2028, according to latest analysis by Emergen Research. Steady revenue growth of the core materials market can be attributed to rising demand for high strength, lightweight materials in the aerospace industry. Aerospace industry is a major consumer of core materials owing to advantages of designing aircraft structural components deploying sandwich construction for weight reduction.
This report on the global Core Materials market gives a thorough study that is primarily focused on top players and their business stratagem, geographical extent, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is explicitly prepared to explore crucial fragments of the global Core Materials market. For instance, the market dynamics section in the report gives an in-depth analysis of the drivers, restraints, trends, and opportunities in the global Core Materials market. With both qualitative and quantitative analysis, we provide you with thorough and comprehensive information on the global Core Materials market. The study also entails SWOT, PESTLE, and Porter’s Five Forces analyses of the global Core Materials market.
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The report covers the Core Materials Market segmentation along with a detailed outline of the Core Materials market size with regards to volume and valuation. The report provides comprehensive coverage of the Core Materials market scenario for the current period and forecast timeline of 2020-2027. The Core Materials market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.
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The key companies studied in the report are:
Hexcel Corporation, Evonik Industries AG, Euro-Composites SA, 3A Composites, the Gill Corporation, BASF SE, Plascore Inc., Gurit Holdings, Toray Industries Inc., and Armacell International SA.
Emergen Research has segmented the global core materials market on the basis of product type, distribution channel, application, and region:
Product Type Outlook (Revenue, USD Million; 2018–2028)
- Foam
- Polystyrene Foam
- Polyvinyl Chloride Foam
- Polyurethane Foam
- Others
- Honeycomb
- Aluminum Honeycomb
- Thermoplastic Honeycomb
- Nomex Honeycomb
- Others
- Wood
- Balsa
- Others
Distribution Channel Outlook (Revenue, USD Million; 2018–2028)
- Direct
- Indirect
Application Outlook (Revenue, USD Million; 2018–2028)
- Wind Energy
- Aerospace Defense
- Marine
- Automotive
- Building Construction
- Medical
- Others
On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the RD sector.
The report addresses the following key points:
- The report estimates the expected market size from 2020-2027
- The report provides a forecast of market drivers, restraints, and future opportunities for the Core Materials market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
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