Structural Core Materials Market 2021| Comprehensive Plans, Competitive Landscape and Trends by Forecast 2027

Structural core materials are lightweight materials that are bonded between two composite skins and serve as the central member, which is referred to as a sandwich structure. These materials are produced in a wide variety of forms including, PVC foam, end-grain balsa wood, non-woven core fabrics, urethane foam, and several types of honeycomb materials. The introduction of a core in a laminate, upsurges the section modulus that results in significant stiffness and the ability to create lightweight structures. Structural core materials are generally used to produce strong, stiff and lightweight structures for high performance products.

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The structural core materials market is anticipated to grow with a significant rate in the coming years, due to increasing use of composites in the aerospace industry coupled with the growing popularity of PET foams across different end users. However, growing demand of honeycomb core materials from aerospace as well as wind energy industries is anticipated to offer more growth opportunities for the players operating in the structural core materials market.

The "Global Structural Core Materials Market Analysis to 2027" is a specialized and in-depth study of the chemical industry with a focus on the global market trend. The report aims to provide an overview of global market with detailed market segmentation by type, outer skin type, end user and geography. The global structural core materials market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading structural core materials market players and offers key trends and opportunities in the market.

The global structural core materials market is segmented on the basis of type, outer skin type, end user. On the basis of type, the structural core materials market is segmented as, honeycomb, foam, and balsa. Based on outer skin type, the market is classified into, NFRP, CFRP, GFRP, and others. On the basis of end user, the structural core materials market is categorized as, construction, transportation, marine, wind energy, aerospace, and others.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global structural core materials market based on type, outer skin type, and end user. It also provides market size and forecast till 2027 for overall market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The structural core materials market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.

North America is expected to contribute to the largest share in the structural core materials market in the coming years, due to high demand for honeycomb and foam core materials from the aerospace and wind energy end-use industries in the region. However, Asia Pacific is expected to witness significant growth in the market during the forecast period, owing to rapid growth of the aerospace, automotive, and wind energy industries in the region.

The report analyzes factors affecting structural core materials market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the structural core materials market in these regions.

The report also includes the profiles of key structural core materials manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years. Some of the key players operating in the structural core materials market include, Evonik Industries AG, Schweiter Technologies, Diab International AB, Armacell, Hexcel Corporation, Gurit, Changzhou Tiansheng New Materials CO.,LTD., EURO-COMPOSITES, Plascore, Inc. and The Gill Corporation among others.

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