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Nomex Honeycomb Market by Application , Aerospace & Defense, Sub Application , and by Region - Global Forecasts to 2021

Nomex Honeycomb Market: Global Forecasts until 2021

  • April 2016
  • 109 pages
  • ID: 3782617
In this report:
The demand for Nomex honeycomb in transportation application was ##.## tons in 2015 and is projected to reach ##.## tons by 2021, at a CAGR of ##.##% between 2016 and 2021.
The global demand for Nomex honeycomb was ##,##.## tons in 2015, and is projected to reach ##,##.## tons by 2021, at a CAGR of ##.##% between 2016 and 2021.


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The overall Nomex honeycomb market is forecasted to grow from $237.10M in 2015 to $383.30M by 2021, at a CAGR of ~8.5 percent between 2016 and 2021. This high increase is assigned to growing use of Nomex honeycomb in the aerospace & defense application. Nomex honeycomb offers additional strength to the components.

"Aerospace & defense application maintains the largest part of market share in Nomex honeycomb market"

The aerospace & defense application accounts for the most important share of the Nomex honeycomb market. Nomex honeycomb are lightweight and provide additional strength to components and are, therefrom, suitable for use in aerospace & defense application. Composite structures are designed to survive extreme operating conditions including high stress, shock and impact loads. These requirements of complex aerospace structures are fulfilled by Nomex honeycomb. Nomex honeycomb also provide the advantages of negligible maintaining costs as they are corrosion resistant, thus saving maintenance costs and growing average lifespan.

"North America continent expected to be the quickest-increasing Nomex honeycomb market"

North America (NA) controled the Nomex honeycomb market succeeded by Europe (EU). North America continent has some of the main aerospace & defense component and part manufacturing firms that use Nomex honeycomb as their core material. The U.S is forecasted to have the biggest market share in the North American area due to its increasing aerospace and defense sector in the territory.

In the process of finding out and checking the market value for various segments and subsegments collected by secondary research, extensive primary audit sessions were conducted as follows:

- By Company Type: Tier 1 (70.0 percent), Tier 2 (25.0 percent) and 1/3 3 (5.0 percent).

- By Description: C-suite (31.0 percent), D-level (23.0 percent) and others (46.0 percent)

- By area: North america (NA) (65.0 percent), Europe (24.0 percent), APAC (9.0 percent), and RoW (2.0 percent).

Nomex honeycomb are finding its usage in emerging applications including sporting goods, electricals. It is used as core materials in skis, snowboards, heating, air conditioning, and ventilation equipment.

The analysis will facilitate the market top players/new sector entrants in this sector in these ways:

1. This document breaks down the Nomex honeycomb market comprehensively and offers the best approximations of the revenue data for the global market and the subsegments across several verticals and localities.

2. The market research benefits partners to comprehend the pulse of the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate partners to better find out the competitor and obtain additional insights to better their rank in the business sector. The competitive outlook section includes competitor landscape, new industry product developments, alliances, and mergers & acquisitions.

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