The global core materials market size is expected to reach USD 3,288.1 Million at a revenue CAGR of 13.2% in 2028, according to latest analysis by Emergen Research. Steady revenue growth of the core materials market can be attributed to rising demand for high strength, lightweight materials in the aerospace industry. Aerospace industry is a major consumer of core materials owing to advantages of designing aircraft structural components deploying sandwich construction for weight reduction.
The primary aim of the report is to offer market overview, product scope, growth prospects, and risks. The report also offers in depth information about each player in the global Core Materials market along with its global standing, financial status, product launch, business expansion plans among others. The market players are focused on developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches, and research and development investments.
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Top competitors of the Core Materials Market profiled in the report include:
Hexcel Corporation, Evonik Industries AG, Euro-Composites SA, 3A Composites, the Gill Corporation, BASF SE, Plascore Inc., Gurit Holdings, Toray Industries Inc., and Armacell International SA.
The research provides answers to the following key questions:
- What will be the growth rate of the Core Materials market for the forecast period, 2018 to 2028? What will be the market size and the share occupied by the prominent vendors by the estimated period?
- What are challenges and threats faced by the prominent vendors operating in the Core Materials market?
- Who are the prominent vendors and what has been their business strategy so far to maintain a competitive edge over their competitors?
- What are the past, present and emerging trends likely to influence the growth rate of the Core Materials market for the forecast period, 2018 to 2028?
- What are the opportunities prominent vendors can bank on to generate more profits during the estimated period?
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SCOPE OF THE REPORT
The study draws a forecast of the growth of the Core Materials market by evaluating the market size, share, demand, trends, and gross revenue of the industry. It also focuses on the positions of the major companies against the competitive landscape and their individual share in the global market. The report segments the industry based on product type, application and end-use. It highlights the recent trends and technological developments in the sector that will potentially influence the industry. The research offers a detailed outlook of the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.
Emergen Research has segmented the global core materials market on the basis of product type, distribution channel, application, and region:
Product Type Outlook (Revenue, USD Million; 2018–2028)
- Foam
- Polystyrene Foam
- Polyvinyl Chloride Foam
- Polyurethane Foam
- Others
- Honeycomb
- Aluminum Honeycomb
- Thermoplastic Honeycomb
- Nomex Honeycomb
- Others
- Wood
- Balsa
- Others
Distribution Channel Outlook (Revenue, USD Million; 2018–2028)
- Direct
- Indirect
Application Outlook (Revenue, USD Million; 2018–2028)
- Wind Energy
- Aerospace Defense
- Marine
- Automotive
- Building Construction
- Medical
- Others
In market segmentation by geographical regions, the report has analysed the following regions-
North America
Europe
Asia-Pacific
Middle East and Africa
Latin America
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