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Growth Opportunities in the Global Honeycomb Core Material Market

Growth Opportunities in the Global Honeycomb Core Material Market

  • October 2017
  • 50 pages
  • ID: 5176296

Summary

Table of Contents

The future of the honeycomb core material market looks attractive with opportunities in the aerospace, defense, and marine, and other industrial applications. The global honeycomb core material market is expected to reach an estimated $640.5 million by 2022 and is forecast to grow at a CAGR of 5.3% from 2017 to 2022. The major growth drivers for this market are excellent mechanical performance of honeycomb core, increasing demand for lightweight materials, and robust growth of the end use industries.

Emerging trends, which have a direct impact on the dynamics of the honeycomb core material industry, include addition of lightweight rubber membranes in honeycomb cores to reduce noise in aircraft and cost-efficient production of honeycomb core with homogenous skin bonding.

Honeycomb Core Material Market TrendsHoneycomb Core Material Market Forecast
Growth Opportunities for the Global Honeycomb Core Material Market by Region

The study includes the honeycomb core material market size and forecast for the global honeycomb core material market through 2022 by product, end use industry, and region as follows:

Honeycomb Core Material Market by Product Type [Volume (Million Pounds) and $M shipment analysis for 2011 – 2022]:
Nomex
Aluminum
Others

Honeycomb Core Material Market by End Use Industry [Volume (Million Pounds) and $M shipment analysis for 2011 – 2022]:
Aerospace
Defense
Marine
Others

Honeycomb Core Material Market by Region [Volume (Million Pounds) and $M shipment analysis for 2011 – 2022]:
North America
Europe
Asia Pacific
The Rest of the World

Honeycomb core material companies profiled in this market include Hexcel, The Gill Corporation, Eurocomposites, and Plascore are among the major suppliers of honeycomb core materials.

Lucintel forecasts that Nomex is expected to remain the largest product segment and is also expected to witness the highest growth in the forecast period due to its lightweight and very good mechanical properties, and this is why it is used in various aerospace applications.

Within the honeycomb core material market, aerospace is expected to remain the largest end use industry; it is also expected to witness the highest growth during the forecast period, supported by increasing demand for lightweight materials in advanced commercial aircraft models.

North America is expected to remain the largest market by value and volume due to the presence of users who consume large volume of honeycomb especially from aerospace industry. Rest of the World is expected to witness the highest growth over the forecast period because of the growing demand form the end user industries in the region.

Some of the features of “Growth Opportunities in the Global Honeycomb Core Material Market 2017-2022: Trends, Forecast, and Opportunity Analysis” include:
Market size estimates: Global honeycomb core material market size estimation in terms of value ($M) and volume (M Lbs.) shipment.
Trend and forecast analysis: Market trend (2011-2016) and forecast (2017-2022) by segments and region.
Segmentation analysis: Global honeycomb core material market size by various applications such as product type and end use application in terms of value and volume shipment.
Regional analysis: Global honeycomb core material market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions of honeycomb core material in the global honeycomb core material market.
Strategic analysis: This includes M&A, new product development, and competitive landscape of honeycomb core material in the global honeycomb core material market. Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the global honeycomb core material market by product (Nomex, aluminum, and others), end use industry (aerospace, defense, marine and, others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the honeycomb core material market?
Q.5 What are the business risks and threats to the honeycomb core material market?
Q.6 What are emerging trends in this market and the reasons behind them?
Q.7 What are some changing demands of customers in the honeycomb core material market?
Q.8 What are the new developments in the honeycomb core material market? Which companies are leading these developments?
Q.9 Who are the major players in this honeycomb core material market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this honeycomb core material area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place by the honeycomb core material suppliers in the last 5 years in this honeycomb core material market?

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