PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1389755
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1389755
Honeycomb Core Materials Market Introduction and Overview
According to SPER Market Research, 'Honeycomb Core Materials Market Size- By Type, By End Use Industry - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Honeycomb Core Materials Market is predicted to reach USD 5.62 billion by 2033 with a CAGR of 8.01%.
The honeycomb core is utilised to make composite sandwich structures. It provides rigidity to the composite construction with negligible weight gain. This core material provides a firm separation between the skins and distributes shear forces caused by out-of-plane loads over a wider surface area. It provides electromagnetic shielding, thermal insulation, and sound absorption, among other benefits. To make honeycomb cores, a huge number of hexagon-shaped cells are assembled into a honeycomb structure.
Furthermore, the demand for materials used in honeycomb cores was greatly affected by the COVID-19 pandemic. The aerospace sector, a significant user of honeycomb cores, experienced a decline in demand for aeroplanes and other parts as a result of pervasive travel restrictions. The use of honeycomb in lightweight panels was also impacted by the slowdown in commercial projects in the construction industry.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2033
Base year considered 2022
Forecast period 2023-2033
Segments covered By Type, By End Use Industry
Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies Covered Fabrinox, Argosy International, Schtz GmbH & Co. KGaA, TCCORE APPLIED HONEYCOMB TECHNOLOGY CO., LTD., The Gill Corporation, Hexcel Corporation, Toray Advanced Composites, Corex Honeycomb, Plascore, , Showa Aircraft Industry Co., Ltd,
Honeycomb Core Materials Market Segmentation:
By Type: Based on the Type, Global Honeycomb Core Materials Market is segmented as; Aluminium Core, Aramid Core, Paper, Thermoplastics, Others.
By End Use Industry: Based on the End Use Industry, Global Honeycomb Core Materials Market is segmented as; Packaging, Aerospace and Defense, Construction and Infrastructure, Automotive, Others.
By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.