Directory Image
This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Privacy Policy.

Core Materials Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-20

Author: Donald Lee
by Donald Lee
Posted: Oct 11, 2017

Core materials are the materials used in aerospace and wind energy equipment for improving the strength of the materials. Core materials are generally low strength materials, however, its greater thickness offer the sandwich composite a high bending stiffness with low density. Core materials are used in a wide range of industries including marine, wind energy, and automotive. The core material is inserted between the layers of reinforcement, thus sticking it in, with an equal cover arrangement on either sides of the core material, which ensures maximum benefit.

Some of the major drivers for the core materials market include significant demand from wind energy & aerospace industries and recovery of the U.S. marine industry from economic recession, among others. However, rising number of substitutes for core materials hinders the market growth to a certain extend.

Request Sample Copy of this Report: https://www.coherentmarketinsights.com/insight/request-sample/716

Core Materials Market Taxonomy

On the basis of type, the core materials market is segmented into:

    • Foam
    • PVC Foam
    • PET Foam
    • SAN Foam
    • Others
    • Honeycomb
    • Aluminum
    • Aramid
    • Thermoplastic
    • Balsa

On basis of end-use industry, the core materials market is segmented into:

    • Aerospace
    • Wind energy
    • Marine
    • Transportation
    • Construction
    • Others

PVC foam is a polymer foam in which air is trapped inside the foam, which, in turn, increases the volume to weight ratio of the foam. PET is lightweight, thermal resistant, and of great strength. SAN is a circular structure thermoplastic core with high strength and impact resistance. Honeycomb core materials are available in a wide range, from low stiffness and strength to high stiffness and strength. These can be used in domestic internal doors as well as in aircrafts.

Core Materials Market Outlook

    North America is estimated to hold the largest market share during the forecast period.. Presence of aerospace original equipment manufacturers in the region drives the demand for lightweight core materials. In addition, the elevated number of wind turbine installations drives the market growth in North America

    Asia Pacific is estimated to be the fastest growing region for core materials market and is expected to witness exponential growth over the forecast period as well. The projected growth rate is a result of significant use of core materials in aerospace and wind energy industries, primarily in India and China

    Europe experiences substantial demand for lightweight core materials for use in the aerospace industry. Moreover, Europe, being one of the most attractive tourist destinations, is projected to witness a high demand growth for core materials for various infrastructural developments

    The Latin America market has witnessed a slowdown owing to the political turmoil existing in major markets of Argentina, Brazil, Colombia, and Venezuela. On the other hand, the market in Africa is expected to experience strong growth rate over the forecast period owing to the forecasted economic growth in the region

About the Author

About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services.

Rate this Article
Leave a Comment
Author Thumbnail
I Agree:
Comment 
Pictures
Author: Donald Lee

Donald Lee

Member since: Jun 07, 2017
Published articles: 442

Related Articles