The report "Structural Core Materials Market by Type (Foam, Honeycomb, and Balsa), Outer Skin Type (GFRP, CFRP, and NFRP), End-use Industry (Aerospace, Wind Energy, Marine, Transportation, and Construction), and Region - Global Forecasts to 2027". The structural core materials market is projected to reach USD 3.53 billion by 2027, at a CAGR of 8.8% during the forecast period.
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Browse 93 market data Tables and 38 Figures spread through 150 Pages and in-depth TOC on "Structural Core Materials Market
Foam is the most common structural core material used in various applications due to its easy availability and low cost. Foam structural core materials are used in the sandwich construction of wind turbine blades, and they impart strength and stiffness while keeping the structure lightweight. PVC, PET, and SAN foams are the most popular structural core materials used in wind energy turbines. These foams are used in various applications, such as wind energy blades and nacelles, depending on their resin compatibility, temperature, manufacturing aspects, and costs. The demand for lightweight and fuel-efficient vehicles in the transportation industry is also driving the demand for foam. Moreover, they are used in various end-use industries, including marine.
Table of Contents
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Macroeconomic Overview and Key Trends
7 Structural Core Materials Market, By Outer Skin Type
8 Structural Core Materials Market, By Type
9 Structural Core Market, By End-Use Industry
10 Structural Core Materials Market, By Region
11 Competitive Landscape
12 Company Profiles
In terms of volume, the APAC structural core materials market is projected to register the highest CAGR during the forecast period, due to the increased demand for these materials from the wind energy and aerospace industries. In addition, easy availability of raw materials, low labor cost, growing manufacturing industries, new product developments, capacity expansions, and new plant establishments by various leading players are driving the structural core materials market in the region.
Top key companies opertaing in structural core materials market includes Diab Group (Sweden), Hexcel Corporation (US), Schweiter Technologies (Switzerland), Euro Composites (Luxembourg), Gurit Holding (Switzerland), The Gill Corporation (US), Changzhou Tiansheng New Materials Co. Ltd. (China), Plascore Incorporated (US), Armacell International (Luxembourg), and Evonik Industries (Germany). These players adopted various organic and inorganic developmental strategies between 2013 and 2017.
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