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     Home >> Research Report >> Construction & Manufacturing >> Global Core Material Market – Analysis By Type (Foam, Balsa, Honeycomb), Application, By Region, By Country (2020 Edition): Market Insights, Covid-19 Impact, Competition and Forecast (2020-2025)
 

Global Core Material Market – Analysis By Type (Foam, Balsa, Honeycomb), Application, By Region, By Country (2020 Edition): Market Insights, Covid-19 Impact, Competition and Forecast (2020-2025) -.

 
Publish Date:October 2020
No. of Pages:230
Format: Pdf (Instant Download)
 
 
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Executive Summary

The Global Core Material was valued at USD 1548.82 Million in the year 2019. The growth in Core Material market is mainly driven by growing urbanization and rapid industrialization, especially in emerging economies such as India and China, which has led to significant investment in the construction of buildings. 

Core materials offer high stiffness and low-density material in sandwich composite construction. The weight reduction of the required structure with high strength makes the use of core materials vital in the wind energy end-use industry. The size of wind blades is increasing, which will drive the use of core materials in the wind blades segment. 

Technological innovations have led to the discovery of new methods of manufacturing honeycombs. These methods include heated press method and vacuum bag processing. Players in the market use a cost-advantage approach for their products. Companies such as SABIC; Evonik Industries; Gurit Holdings, Inc.and Hexcel Corporation have enough capital to invest in research and development, thus giving them an opportunity to improve the quality of their products. 

The global core materials market is increasing due to their rising demand from composite component manufacturers. The market growth is attributed to the growing demand for lightweight and high-performance materials in various end-use industries. Also, it is predicted that USD 13 trillion will be invested in new power generation assets up until 2050, with 77% of that allocated to renewable energy, with an average of 125 GW of installed wind capacity added each year. The wind industry basically uses three core materials: PET, balsa and PVC. 

North America is the leading region in Core Material market. With the rapid advancement in the technology and growth in the construction industry, the region has seen  rapid development and expansion of cities and infrastructure, which is impelling the growth of core materials market in the region.

Scope of the Report

• The report analyses the Core Material by Type (Foam, Balsa, Honeycomb)
• The report assesses the Core Material by Application (Aerospace, Wind Energy, Construction, Marine, Transportation, Others)
• The Global Core Material has been analysed By Region (North America, Europe, Asia Pacific, LAMEA) and By Country (United States, Canada, Germany, Spain, France, United Kingdom, South Korea, China, Japan, India). 
• The attractiveness of the market has been presented by region, and by Type. Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report. 
• The companies analysed in the report include Hexcel Corporation, 3A Composites, Gurit Holding, Armacell International, Evonik Industries, Diab Group, Changzhou Tiansheng New Materials Co. Ltd., Plascore Incorporated, Euro Composites, The Gill Corporation
• The report presents the analysis of Core Material for the historical period 2015-2019 and the forecast period of 2020-2025.

Key Target Audience

• Core Material Vendors
• Consulting and Advisory Firms
• Government and Policy Makers
• Investment Banks and Equity Firms
• Regulatory Authorities
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary

2. Strategic Recommendations

3. Global Core Material Market: Product Outlook

4. Global Core Material Market: Sizing and Forecast
4.1 Market Size, By Value, Year 2015-2025
4.2 Impact of COVID-19 on Global Core Material Market

5. Global Core Material Market Segmentation By Type 
5.1 Competitive Scenario of Global Core Material: By Type 
5.2 Foam– Market Size and Forecast (2020-2025)
5.3 Balsa– Market Size and Forecast (2020-2025)
5.4 Honeycomb– Market Size and Forecast (2020-2025)

6. Global Core Material Market Segmentation By Application 
6.1 Competitive Scenario of Global Core Material: By Application 
6.2 Aerospace– Market Size and Forecast (2020-2025)
6.3 Wind Energy– Market Size and Forecast (2020-2025)
6.4 Construction– Market Size and Forecast (2020-2025)
6.5 Marine– Market Size and Forecast (2020-2025)
6.6 Transportation– Market Size and Forecast (2020-2025)
6.7 Others– Market Size and Forecast (2020-2025)

7. Global Core Material Market: Regional Analysis
7.1 Competitive Scenario of Global Core Material: By Region, By Value

8. North America Core Material Market: An Analysis (2020-2025)
8.1 North America Core Material Market: Size and Forecast (2020-2025), By Value
8.2 Market Segmentation By Type(Foam, Balsa, Honeycomb)
8.3 Market Segmentation By Application(Aerospace, Wind Energy, Marine, Construction, Transportation, Others)

8.4 North America Core Material Market: Country Analysis
8.5 Competitive Scenario of North America Core Material: By Country, By Value
8.6 Market Opportunity Chart of North America Core Material Market - By Country, By Value (Year-2025)
8.7 United States Core Material Market: Size and Forecast (2020-2025), By Value
8.8 United States Core Material Market Segmentation By Type, Application
8.9 Canada Core Material Market: Size and Forecast (2020-2025), By Value
8.10 Canada Core Material Market Segmentation By Type, Application

9. Europe Core Material Market: An Analysis (2020-2025)
9.1 Europe Core Material Market: Size and Forecast (2020-2025), By Value
9.2 Market Segmentation By Type(Foam, Balsa, Honeycomb)
9.3 Market Segmentation By Application(Aerospace, Wind Energy, Marine, Construction, Transportation, Others)

9.4 Europe Core Material Market: Country Analysis
9.5 Competitive Scenario of Europe Core Material: By Country, By Value
9.6 Market Opportunity Chart of Europe Core Material Market - By Country, By Value (Year-2025)
9.7 Germany Core Material Market: Size and Forecast (2020-2025), By Value
9.8 Germany Core Material Market Segmentation By Type, Application
9.9 Spain Core Material Market: Size and Forecast (2020-2025), By Value
9.10 Spain Core Material Market Segmentation By Type, Application
9.11 France Core Material Market: Size and Forecast (2020-2025), By Value
9.12 France Core Material Market Segmentation By Type, Application
9.13 United Kingdom Core Material Market: Size and Forecast (2020-2025), By Value
9.14 United Kingdom Core Material Market Segmentation By Type, Application

10. Asia Pacific Core Material Market: An Analysis (2020-2025)
10.1 Asia Pacific Core Material Market: Size and Forecast (2020-2025), By Value
10.2 Market Segmentation By Type(Foam, Balsa, Honeycomb)
10.3 Market Segmentation By Application(Aerospace, Wind Energy, Marine, Construction, Transportation, Others)

10.4 Asia Pacific Core Material Market: Country Analysis
10.5 Competitive Scenario of Asia Pacific Core Material: By Country, By Value
10.6 Market Opportunity Chart of Asia Pacific Core Material Market - By Country, By Value (Year-2025)
10.7 China Core Material Market: Size and Forecast (2020-2025), By Value
10.8 China Core Material Market Segmentation By Type, Application
10.9 Japan Core Material Market: Size and Forecast (2020-2025), By Value
10.10 Japan Core Material Market Segmentation By Type, Application
10.11 India Core Material Market: Size and Forecast (2020-2025), By Value
10.12 India Core Material Market Segmentation By Type, Application
10.13 South Korea Core Material Market: Size and Forecast (2020-2025), By Value
10.14 South Korea Core Material Market Segmentation By Type, Application

11. Global Core Material Market Dynamics
11.1 Global Core Material Market Drivers
11.2 Global Core Material Market Restraints
11.3 Global Core Material Market Trends

12. Market Attractiveness  and Strategic Analysis
12.1.1 Market Attractiveness Chart of Global Core Material Market - By Type, By Value
12.1.2 Market Attractiveness Chart of Global Core Material Market - By Region, By Value

12.2 Strategic Analysis
12.2.1 Key Developments in Core Material Market
12.2.2 Mergers and Acquisitions

13. Competitive Landscape

14. Company Profiles (Business Description, Financial Analysis, Business Strategy)
14.1 Diab Group
14.2 Hexcel Corporation
14.3 3A Composites
14.4 The Gill Corporation
14.5 Gurit Holding
14.6 Armacell International
14.7 Evonik Industries
14.8 Euro Composites
14.9 Plascore Incorporated
14.10 Changzhou Tiansheng New Materials Co. Ltd.

List of Figures

Figure 1: Global Core Material Market Size, By Value, 2015-2025 (USD Million)
Figure 2: Increasing use of composites in aircraft
Figure 3: Market position per segment (2019)
Figure 4: Global cumulative Wind capacity installed (GW) , Year 2014-2018
Figure 5: Global wind generation (Terawatt-hours), 2014-2019
Figure 6: Investments in energy efficiency by region (USD Billion), 2014-2018
Figure 7: Global Carbon Dioxide Emissions (MT of Co2), 2014-18
Figure 8: Leading Aerospace Exports by Country, in USD Billion, in 2019
Figure 9: Motor vehicle production volume worldwide in 2019, by country, in million units
Figure 10: Global Light vehicle Production (Millions), 2016-2019
Figure 11: Global Passenger car sales (Millions), 2014-19
Figure 12: Global Manufacturing value added (USD Trillion), 2014-2019
Figure 13: Global Seaborne Trade Growth (%), 2014-2018
Figure 14: Global Active Fleet Growth(%), 2014-2018 
Figure 15: Global Industry (Including Construction), value added (annual growth %)
Figure 16: Global Core Material Market Share- By Type, 2019 & 2025
Figure 17: Global Core Material Market- By Foam, By Value (USD Million), 2015-2025
Figure 18: Global Core Material Market- By Balsa, By Value (USD Million), 2015-2025
Figure 19: Global Core Material Market- By Honeycomb, By Value (USD Million), 2015-2025
Figure 20: Global Core Material Market Share- By Application, 2019 & 2025
Figure 21: Global Core Material Market- By Aerospace, By Value (USD Million), 2015-2025
Figure 22: Global Core Material Market- By Wind Energy, By Value (USD Million), 2015-2025
Figure 23: Global Core Material Market- By Construction, By Value (USD Million), 2015-2025
Figure 24: Global Core Material Market- By Marine, By Value (USD Million), 2015-2025
Figure 25: Global Core Material Market- By Transportation, By Value (USD Million), 2015-2025
Figure 26: Global Core Material Market- By Others, By Value (USD Million), 2015-2025
Figure 27: Global Market Scenario, By Region (USD Million)
Figure 28: Global Core Material Market Share- By Region, By Value, 2019 & 2025
Figure 29: North America Core Material Market Size, By Value, 2015-2025 (USD Million)
Figure 30: North America Core Material Market (By Type), By Value (USD Million), 2015-2025
Figure 31: North America Core Material Market (By Application), By Value (USD Million), 2015-2025
Figure 32: North America GDP, 2013-2018 (USD T)
Figure 33: North America Carbon Dioxide Emissions (Million tonnes of carbon dioxide), 2014-19
Figure 34: North America Urban Population, 2013-2018 (% of total Population)
Figure 35: North America Light vehicle Production (Millions), 2015-2019
Figure 36: North America Core Material Market Share- By Country, By Value, Year 2019 & 2025
Figure 37: Market Opportunity Chart of North America Core Material Market - By Country, By Value (Year-2025)
Figure 38: United States Core Material Market Size, By Value, 2015-2025 (USD Million)
Figure 39: United States Core Material Market (By Type), By Value (USD Million), 2015-2025
Figure 40: United States Core Material Market (By Application), By Value (USD Million), 2015-2025: Global Core Material Market Share- By Application, 2019 & 2025
Figure 41: United States Construction Spending, 2014-2018 (USD Million)
Figure 42: United States Urban Population(% of Total Population), 2014-2018
Figure 43: U.S Industry (Including Construction), Value added (annual growth %), 2013-17
Figure 44: U.S Manufacturing Value added, annual growth(%), 2013-17
Figure 45: US New wind installations (GW), 2014- 2019
Figure 46: US Wind Generation (Terawatt-hours), 2014-19
Figure 47: Ship Built by U.S.A of building, 2014-18 (Gross Tonnage)
Figure 48: U.S. Non-Residential construction spending (Billion USD), 2014-19
Figure 49: United States Motor Vehicle Production in million units, 2015-2019
Figure 50: Canada Core Material Market Size, By Value, 2015-2025 (USD Million)
Figure 51: Canada’s onshore wind installed capacity (MW), 2013 - 2019
Figure 52: Canada’s 2019 installed capacity (MW)
Figure 53: Canada Core Material Market (By Type), By Value (USD Million), 2015-2025
Figure 54: Canada Core Material Market (By Application), By Value (USD Million), 2015-2025
Figure 55: Canada - Total Value of Building Permits, (In USD Billion), 2014 - 2018
Figure 56: Canada Urban Population Growth (annual %), 2013-18
Figure 57: Canada Industry, Value added(annual growth%)
Figure 58: Canada’s Manufacturing, value added (USD Trillion), 2013-17
Figure 59: Canada New wind installations (GW), 2014- 2019
Figure 60: Canada Wind Generation (Terawatt-hours), 2014-19
Figure 61: Ship Built by Canada of building, 2014-18 (Gross Tonnage)
Figure 62: Canada Motor Vehicles Production in million units 2015-2019
Figure 63: Europe Core Material Market Size, By Value, 2015-2025 (USD Million)
Figure 64: Europe Core Material Market (By Type), By Value (USD Million), 2015-2025
Figure 65: Europe Core Material Market (By Application), By Value (USD Million), 2015-2025
Figure 66: Europe Wind Generation (Terawatt-hours), 2014-19
Figure 67: Europe Carbon Dioxide Emissions (Million tonnes of carbon dioxide), 2014-19
Figure 68: Europe New wind installations (GW), 2017- 2018 
Figure 69: Europe Total New vehicle sales (Millions), 2015-2019
Figure 70: Europe GDP Growth rate, 2014-2018 (%)
Figure 71: Europe High Net Worth Individual Population, 2013-2018 (in Thousand)
Figure 72: European Union Urban Population growth (annual %), 2013-18
Figure 73: Industry (including construction), value added (annual % growth) – European Union, 2012-2017
Figure 74: Europe Core Material Market Share- By Country, By Value, Year 2019 & 2025
Figure 75: Market Opportunity Chart of Europe Core Material Market - By Country, By Value (Year-2025)
Figure 76: Germany Core Material Market Size, By Value, 2015-2025 (USD Million)
Figure 77: Share of energy sources in gross German Power Production in 2019 (%)
Figure 78: Germany Core Material Market (By Type), By Value (USD Million), 2015-2025
Figure 79: Germany Core Material Market (By Application), By Value (USD Million), 2015-2025
Figure 80: Germany Carbon Dioxide Emissions (Million tonnes of carbon dioxide), 2014-19
Figure 81: Germany Motor Vehicles Production in million units 2015-2019
Figure 82: Germany New wind installations (GW), 2014- 2018
Figure 83: Germany Wind Generation (Terawatt-hours), 2014-19
Figure 84: Ship Built by Germany of building, 2014-18 (Gross Tonnage)
Figure 85: Germany Urban Population (% of total population), 2014–2018
Figure 86: Industry (including construction), value added (annual % growth) – Germany, 2014-2019
Figure 87: Change in Percentage of Construction sector output (2015-2018)
Figure 88: Spain Core Material Market Size, By Value, 2015-2025 (USD Million)
Figure 89: Spain Core Material Market (By Type), By Value (USD Million), 2015-2025
Figure 90: Spain Core Material Market (By Application), By Value (USD Million), 2015-2025
Figure 91: Spain Carbon Dioxide Emissions (Million tonnes of carbon dioxide), 2014-19
Figure 92: Spain Wind Generation (Terawatt-hours), 2014-19
Figure 93: Production of motor vehicles in Spain (in million Units), 2015-2019 
Figure 94: Spain Urban Population (% of total population), 2014–2019
Figure 95: Industry (including construction), value added (annual % growth) – Spain, 2014-2019
Figure 96: Spain Medium and high tech industry(including construction)(% of manufacturing value added), 2014-2018
Figure 97: France Core Material Market Size, By Value, 2015-2025 (USD Million)
Figure 98: France Core Material Market (By Type), By Value (USD Million), 2015-2025
Figure 99: France Core Material Market (By Application), By Value (USD Million), 2015-2025
Figure 100: France Urban Population (% of Total Population), 2014-18
Figure 101: Industry (including construction), value added (annual % growth) – France, 2014-2019
Figure 102: France Residential construction projects  (in Units), (2014-2018)
Figure 103: France New wind installations (GW), 2014- 2018
Figure 104: France Wind Generation (Terawatt-hours), 2014-19
Figure 105: France Carbon Dioxide Emissions (Million tonnes of carbon dioxide), 2014-19
Figure 106: France Manufacturing Value Added (annual % growth), 2014-18
Figure 107: Ship Built by France of building, 2015-18 (Gross Tonnage)
Figure 108: Production of motor vehicles in France (in million Units), 2015-2019 
Figure 109: United Kingdom Core Material Market Size, By Value, 2015-2025 (USD Million)
Figure 110: United Kingdom Core Material Market (By Type), By Value (USD Million), 2015-2025
Figure 111: United Kingdom Core Material Market (By Application), By Value (USD Million), 2015-2025
Figure 112: United Kingdom Carbon Dioxide Emissions (Million tonnes of carbon dioxide), 2014-19
Figure 113: United Kingdom Wind Generation (Terawatt-hours), 2014-19
Figure 114: Production of motor vehicles in United Kingdom (in million Units), 2015-2019 
Figure 115: United Kingdom Urban Population (% of Total Population)
Figure 116: United Kingdom Construction Industry Gross Value Added, 2013-2018, (in GBP Million)
Figure 117: Industry (including construction), value added (annual % growth) – United Kingdom, 2014-2019
Figure 118: Asia Pacific Core Material Market Size, By Value, 2015-2025 (USD Million)
Figure 119: Asia Pacific Core Material Market (By Type), By Value (USD Million), 2015-2025
Figure 120: Asia Pacific Core Material Market (By Application), By Value (USD Million), 2015-2025
Figure 121: Asia Pacific Wind Generation (Terawatt-hours), 2014-19
Figure 122: Asia Pacific Carbon Dioxide Emissions (Million tonnes of carbon dioxide), 2014-19
Figure 123: APAC New wind installations (GW), 2017- 2018 
Figure 124: Passenger Car Production in Asia Pacific, in 2018 (in million Units)
Figure 125: Asia GDP Growth rate, 2014-2019 (%)
Figure 126: Industry (including construction), value added (annual % growth) - East Asia & Pacific
Figure 127: Asia Pacific Urban Population growth (annual %), 2013-18
Figure 128: Asia Pacific Core Material Market Share- By Country, By Value, Year 2019 & 2025
Figure 129: Market Opportunity Chart of Asia Pacific Core Material Market - By Country, By Value (Year-2025)
Figure 130: China Core Material Market Size, By Value, 2015-2025 (USD Million)
Figure 131: China Core Material Market (By Type), By Value (USD Million), 2015-2025
Figure 132: China Core Material Market (By Application), By Value (USD Million), 2015-2025
Figure 133: China Carbon Dioxide Emissions (Million tonnes of carbon dioxide), 2014-19
Figure 134: China Wind Generation (Terawatt-hours), 2014-19
Figure 135: Production of motor vehicles in China (in million Units), 2015-2019 
Figure 136: Unite Ship Built by China of building, 2014-18 (Gross Tonnage)
Figure 137: China’s Manufacturing Value added (USD T), 2013-18
Figure 138: Revenue of China's aircraft and spacecraft industry from 2014 to 2018, in billion Yuan
Figure 139: Industry (including construction), value added (annual % growth) - China
Figure 140: China Urban Population (% of Total Population), 2014-18
Figure 141: China Gross Domestic Product Growth Rate (%), 2014-18
Figure 142: Japan Core Material Market Size, By Value, 2015-2025 (USD Million)
Figure 143: Japan Core Material Market (By Type), By Value (USD Million), 2015-2025
Figure 144: Japan Core Material Market (By Application), By Value (USD Million), 2015-2025
Figure 145: Japan Carbon Dioxide Emissions (Million tonnes of carbon dioxide), 2014-19
Figure 146: Japan Wind Generation (Terawatt-hours), 2014-19
Figure 147: Production of motor vehicles in Japan (in million Units), 2015-2019 
Figure 148: Ship Built by Japan of building, 2014-18 (Gross Tonnage)
Figure 149: Japan Manufacturing Value added (USD T), 2013-17
Figure 150: Japan New wind installations (GW), 2014- 2018 
Figure 151: Japan Percentage of Urban Population, 2013-2018 (In %)
Figure 152: Japan Gross Domestic Product Growth Rate (%), 2014-18
Figure 153: Industry (including construction), value added (annual % growth) - Japan
Figure 154: India Core Material Market Size, By Value, 2015-2025 (USD Million)
Figure 155: India Core Material Market (By Type), By Value (USD Million), 2015-2025
Figure 156: India Core Material Market (By Application), By Value (USD Million), 2015-2025
Figure 157: India Carbon Dioxide Emissions (Million tonnes of carbon dioxide), 2014-19
Figure 158: India Wind Generation (Terawatt-hours), 2014-19
Figure 159: Production of motor vehicles in India (in million Units), 2015-2019 
Figure 160: India cumulative Wind Energy Generation (Tw H) , Year 2014-2018
Figure 161: India Manufacturing Value added (USD T), 2013-18
Figure 162: India New wind installations  (GW), 2014- 2018 
Figure 163: India Urban Population (% of Total Population)
Figure 164: India Gross Domestic Product Growth Rate (%), 2014-18
Figure 165: Industry (including construction), value added (annual % growth) - India
Figure 166: South Korea Core Material Market Size, By Value, 2015-2025 (USD Million)
Figure 167: South Korea Core Material Market (By Type), By Value (USD Million), 2015-2025
Figure 168: South Korea Core Material Market (By Application), By Value (USD Million), 2015-2025
Figure 169: South Korea Carbon Dioxide Emissions (Million tonnes of carbon dioxide), 2014-19
Figure 170: South Korea Wind Generation (Terawatt-hours), 2014-19
Figure 171: Ship Built by Korean Republic of building, 2014-18 (Gross Tonnage)
Figure 172: South Korea Renewable Energy Generation (Tw H) -2017-2018
Figure 173: South Korea cumulative Wind Energy Generation (Tw H) , Year 2014-2018
Figure 174: South Korea New wind installations  (GW), 2014- 2018 
Figure 175: Market Attractiveness Chart of Global Core Material Market - By Type  (Year-2025)
Figure 176: Market Attractiveness Chart of Global Core Material Market - By Region, By Value, (Year-2025)
Figure 177: Competitive Positions of Core Material Company (2019)
Figure 178: Hexcel Corporation Annual Revenue (USD Million), Year 2015-2019
Figure 179: Hexcel Corporation Net Income/Loss (USD Million), Year 2015-2019
Figure 180: Hexcel Corporation Sales Revenue Split, By Market Segment (%), FY2019
Figure 181: Hexcel Corporation Sales Revenue Split, By Geography (%), FY2019
Figure 182: Hexcel Corporation Sales Revenue Split, By Reportable Segment (%), FY2019
Figure 183: 3A Composites Annual Revenue (USD Million), Year 2015-2019
Figure 184: 3A Composites Net Income/Loss (USD Million), Year 2015-2019
Figure 185: 3A Composites Sales Revenue Split, By Operation (%), FY2019
Figure 186: 3A Composites Sales Revenue Split, By Geography (%), FY2019
Figure 187: Gurit Holding Annual Revenue (USD Million), Year 2015-2019
Figure 188: Gurit Holding Net Income/Loss (USD Million), Year 2015-2019
Figure 189: Gurit Holding Sales Revenue Split, By Business Segment (%), FY2019
Figure 190: Gurit Holding Sales Revenue Split, By Geography (%), FY2019
Figure 191: Armacell International Annual Revenue (USD Million), Year 2015-2019
Figure 192: Armacell International Net Income/Loss (USD Million), Year 2015-2019
Figure 193: Armacell International Sales Revenue Split, By Business Segment (%), FY2019
Figure 194: Armacell International Sales Revenue Split, By Geography (%), FY2019
Figure 195: Evonik Industries Annual Revenue (USD Million), Year 2015-2019
Figure 196: Evonik Industries Net Income/Loss (USD Million), Year 2015-2019
Figure 197: Evonik Industries Sales Revenue Split, By Business Segment (%), FY2019
Figure 198: Evonik Industries Sales Revenue Split, By Geography (%), FY2019

List of Tables
Table A: Canada Aerospace Production Data (USD Millions) 
Table B: Europe Wind Energy Capacity Installed in H1 2020
Table C: Europe Wind Energy Capacity Installed in H1 2020 (Continued)

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