Structural Core Materials Market Analysis
Structural Core Materials Market Research Report Information by Product (Foam, Balsa and Honeycomb), Skin Type (GFRP, CFRP and NFRP), End-Use Industry (Aerospace, Automotive, Wind Energy, Marine) and Region - Forecast till 2035

Market Summary
As per Market Research Future Analysis, the global Structural Core Materials Market was valued at US$1.10 Billion in 2022 and is projected to reach US$2.12 Billion by 2030, growing at a CAGR of 5% from 2022 to 2030. Structural core materials, including honeycomb, foam, and balsa, enhance the physical properties of composites and are widely used in industries such as aerospace, automotive, and marine. The market is driven by the increasing demand for lightweight materials, particularly in the automobile and aerospace sectors, and the growth of international trade. The Asia-Pacific region is expected to be the fastest-growing market, fueled by rising automobile production and a booming construction industry, especially in India and China. North America remains the largest market, supported by developed aerospace and automotive industries.
Key Market Trends & Highlights
Key trends influencing the Structural Core Materials Market include increasing demand from various industries and strategic partnerships among manufacturers.
- Market growth driven by rising demand for lightweight materials in automotive and aerospace sectors.
- Asia-Pacific projected as the fastest-growing region due to increased automobile production and construction activities.
- North America remains the largest market, bolstered by strong aerospace and automotive industries.
- Major manufacturers are forming strategic partnerships to enhance market presence and product offerings.
Market Size & Forecast
2022 Market Size | USD 1.10 Billion |
2030 Market Size | USD 2.12 Billion |
CAGR from 2022 to 2030 | 5% |
Fastest Growing Region | Asia-Pacific. |
Major Players
Key players include Diab Group (Sweden), Hexcel Corporation (U.S.), Schweiter Technologies (Switzerland), Euro Composites (Luxembourg), Gurit Holding (Switzerland), The Gill Corporation (U.S.), Changzhou Tiansheng New Materials Co. Ltd. (China), Plascore Incorporated (U.S.), Armacell International (Luxembourg), and Evonik Industries (Germany).
Market Trends
The demand for lightweight and high-strength materials in construction and aerospace applications appears to be driving innovation in the structural core materials sector, suggesting a shift towards more sustainable and efficient building practices.
U.S. Department of Energy
Structural Core Materials Market Market Drivers
Market Growth Projections
The Global Structural Core Materials Market Industry is projected to experience substantial growth in the coming years. With a market size expected to reach 1.39 USD Billion in 2024 and 2.71 USD Billion by 2035, the industry is poised for a robust expansion. The compound annual growth rate is estimated at 6.25 percent from 2025 to 2035, indicating a strong upward trajectory. This growth is driven by various factors, including technological advancements, increasing applications in renewable energy, and a shift towards sustainable practices. The market's dynamics suggest a favorable environment for stakeholders and investors.
Rising Demand for Lightweight Materials
The Global Structural Core Materials Market Industry is experiencing a surge in demand for lightweight materials, driven by the aerospace and automotive sectors. These industries are increasingly adopting composite materials to enhance fuel efficiency and reduce emissions. For instance, the use of structural core materials in aircraft components has been shown to decrease weight by up to 20 percent, leading to significant fuel savings. As a result, the market is projected to reach 1.39 USD Billion in 2024, with a growing emphasis on sustainability and performance. This trend is likely to continue, as manufacturers seek innovative solutions to meet regulatory standards and consumer expectations.
Increasing Applications in Renewable Energy
The Global Structural Core Materials Market Industry is witnessing increasing applications in the renewable energy sector, particularly in wind turbine manufacturing. The demand for lightweight and durable materials is critical for enhancing the efficiency and longevity of wind turbine blades. Structural core materials, such as honeycomb and foam cores, are being utilized to optimize blade design and reduce weight. This shift towards renewable energy sources is likely to drive market growth, as countries invest in sustainable energy infrastructure. The anticipated growth in this sector aligns with the overall market trajectory, suggesting a robust expansion in the coming years.
Shift Towards Sustainable Building Practices
The Global Structural Core Materials Market Industry is experiencing a shift towards sustainable building practices, driven by environmental regulations and consumer preferences. Architects and builders are increasingly seeking materials that minimize environmental impact while maintaining performance standards. Structural core materials, particularly those derived from renewable resources, are gaining traction in green building projects. This shift is reflected in the growing number of certifications for sustainable materials, which enhances market visibility and acceptance. As sustainability becomes a priority in construction, the demand for eco-friendly structural core materials is likely to rise, further propelling market growth.
Growing Investment in Infrastructure Development
Growing investment in infrastructure development globally is significantly impacting the Global Structural Core Materials Market Industry. Governments and private entities are increasingly allocating funds for the construction of bridges, buildings, and transportation systems, which require high-performance materials. Structural core materials are favored for their strength-to-weight ratio and durability, making them ideal for modern construction projects. For instance, the use of composite materials in bridge construction has been shown to extend service life and reduce maintenance costs. This trend is expected to bolster market growth, with a projected compound annual growth rate of 6.25 percent from 2025 to 2035.
Technological Advancements in Manufacturing Processes
Technological advancements in manufacturing processes are playing a pivotal role in the Global Structural Core Materials Market Industry. Innovations such as automated fiber placement and advanced resin infusion techniques are enhancing the efficiency and quality of core material production. These technologies not only reduce production costs but also improve the mechanical properties of the final products. For example, the introduction of 3D printing in core material fabrication allows for complex geometries that were previously unattainable. As these technologies evolve, they are expected to contribute to the market's growth, with projections indicating a market size of 2.71 USD Billion by 2035.
Market Segment Insights
Regional Insights
Key Companies in the Structural Core Materials Market market include

Industry Developments
Future Outlook
Structural Core Materials Market Future Outlook
The Global Structural Core Materials Market is projected to grow at a 6.25% CAGR from 2024 to 2035, driven by advancements in aerospace, automotive, and renewable energy sectors.
New opportunities lie in:
- Develop lightweight composite materials for aerospace applications to enhance fuel efficiency.
- Invest in bio-based core materials to meet sustainability demands in construction.
- Leverage 3D printing technologies for customized core material solutions in automotive design.
By 2035, the market is expected to exhibit robust growth, reflecting evolving industry needs and technological advancements.
Market Segmentation
Report Scope
Report Attribute/Metric | Details |
Market Size | 2030: USD 2.12 billion |
CAGR | 5% (2022–2030) |
Base Year | 2021 |
Forecast Period | 2022–2030 |
Historical Data | 2020 |
Forecast Units | US$2.12 Billion |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Product, Skin Type and End-Use |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Diab Group (Sweden), Hexcel Corporation (U.S.), Schweiter Technologies (Switzerland), Euro Composites (Luxembourg), Gurit Holding (Switzerland), The Gill Corporation (U.S.), Changzhou Tiansheng New Materials Co. Ltd. (China), Plascore Incorporated (U.S.), Armacell International (Luxembourg), and Evonik Industries (Germany) |
Key Market Opportunities | increasing product demand from the automobile and aerospace industries |
Key Market Drivers | · rising international trade, the marine sector has seen substantial growth in recent times · growing demand for lightweight materials in aircraft, automobiles, and marine vessels due to their high fuel efficiency |
Market Highlights
Author
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FAQs
What is the projected growth rate of the global structural core materials market?
The global structural core materials market is expected to expand at a CAGR above 5% from 2021-2030.
What is the major driver of the global structural core materials market?
Massive demand from marine, automobile, and aerospace sectors is the primary driver of the global aerospace chemicals market.
By ‘product type’, which sub-segment can lead the global structural core materials market?
The honeycomb segment can lead the global structural core materials market in the ‘product type’ segment.
In the ‘skin type’ segment, which sub-segment can dominate the global structural core materials market?
Carbon fiber reinforced polymers can dominate in the ‘skin type’ segment in the global structural core materials market till 2027.
Who are the key players of the global structural core materials market?
Plascore Incorporated, Changzhou Tiansheng New Materials Co. Ltd., The Gill Corporation, Euro Composites, Armacell International, Hexcel Corporation, Diab Group, Gurit Holding, Schweiter Technologies, and Evonik Industries are the key players of the global structural core materials market.
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Table of Contents
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Executive Summary
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Scope of the Report
- Market Definition
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Scope of the Study
- Research Objectives
- Assumptions & Limitations
- Markets Structure
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Market Research Methodology
- Research Type
- Secondary Research
- Primary Research
- Forecast Model
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Market Landscape
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Supply Chain Analysis
- Raw Material Suppliers
- Manufacturers/Producers
- Distributors/Retailers/Wholesalers/E-Commerce
- End-Users
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Porter’s Five Forces Analysis
- Threat of New Entrants
- Bargaining Power of Buyers
- Bargaining Power of Suppliers
- Threat of Substitutes
- Intensity of Competitive Rivalry
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Supply Chain Analysis
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Market Dynamics of Global Structure Core Materials Market
- Introduction
- Drivers
- Restraints
- Opportunities
- Challenges
- Trends/Products
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Global Structure Core Materials Market, by Product
- Introduction
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Foam
- Market Estimates & Forecast, 2021-2030
- Market Estimates & Forecast, by Region, 2021-2030
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Balsa
- Market Estimates & Forecast, 2021-2030
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` 6.3.2 Market Estimates & Forecast, by Region, 2021-2030
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Honeycomb
- Market Estimates & Forecast, 2021-2030
- Market Estimates & Forecast, by Region, 2021-2030
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Honeycomb
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Global Structure Core Materials Market, by Skin Type
- Introduction
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Glass Fiber Reinforced Polymer (GFRP)
- Market Estimates & Forecast, 2021-2030
- Market Estimates & Forecast, by Region, 2021-2030
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Carbon Fiber Reinforced Polymer (CFRP)
- Market Estimates & Forecast, 2021-2030
- Market Estimates & Forecast, by Region, 2021-2030
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Natural Fiber Reinforced Polymer (NFRP)
- Market Estimates & Forecast, 2021-2030
- Market Estimates & Forecast, by Region, 2021-2030
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Others
- Market Estimates & Forecast, 2021-2030
- Market Estimates & Forecast, by Region, 2021-2030
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Global Structure Core Materials Market, by End-Use Industry
- Introduction
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Aerospace
- Market Estimates & Forecast, 2021-2030
- Market Estimates & Forecast, by Region, 2021-2030
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Automotive
- Market Estimates & Forecast, 2021-2030
- Market Estimates & Forecast, by Region, 2021-2030
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Wind Energy
- Market Estimates & Forecast, 2021-2030
- Market Estimates & Forecast, by Region, 2021-2030
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Marine
- Market Estimates & Forecast, 2021-2030
- Market Estimates & Forecast, by Region, 2021-2030
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Construction
- Market Estimates & Forecast, 2021-2030
- Market Estimates & Forecast, by Region, 2021-2030
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Others
- Market Estimates & Forecast, 2021-2030
- Market Estimates & Forecast, by Region, 2021-2030
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Global Structure Core Materials Market, by Region
- Introduction
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North America
- Market Estimates & Forecast, 2021-2030
- Market Estimates & Forecast, by Product, 2021-2030
- Market Estimates & Forecast, by Skin Type, 2021-2030
- Market Estimates & Forecast, by End-Use Industry, 2021-2030
- U.S.
- Canada
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Europe
- Market Estimates & Forecast, 2021-2030
- Market Estimates & Forecast, by Product, 2021-2030
- Market Estimates & Forecast, by Skin Type, 2021-2030
- Market Estimates & Forecast, by End-Use Industry, 2021-2030
- Germany
- France
- Italy
- Spain
- U.K.
- Russia
- Poland
- Rest of Europe
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Asia-Pacific
- Market Estimates & Forecast, 2021-2030
- Market Estimates & Forecast, by Product, 2021-2030
- Market Estimates & Forecast, by Skin Type, 2021-2030
- Market Estimates & Forecast, by End-Use Industry, 2021-2030
- China
- India
- Japan
- Australia & New Zealand
- Rest of Asia-Pacific
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Middle East & Africa
- Market Estimates & Forecast, 2021-2030
- Market Estimates & Forecast, by Product, 2021-2030
- Market Estimates & Forecast, by Skin Type, 2021-2030
- Market Estimates & Forecast, by End-Use Industry, 2021-2030
- G.C.C.
- Israel
- North Africa
- Turkey
- Rest of the Middle East & Africa
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Latin America
- Market Estimates & Forecast, 2021-2030
- Market Estimates & Forecast, by Product, 2021-2030
- Market Estimates & Forecast, by Skin Type, 2021-2030
- Market Estimates & Forecast, by End-Use Industry, 2021-2030
- Brazil
- Mexico
- Argentina
- Rest of Latin America
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Company Landscape
- Introduction
- Market Strategy
- Key Development Analysis
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(Expansions/Mergers & Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)
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Company Profiles
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Diab Group
- Company Overview
- Financial Updates
- Product/Business Segment Overview
- Strategy
- Key Developments
- SWOT Analysis
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Hexcel Corporation
- Company Overview
- Financial Updates
- Product/Business Segment Overview
- Strategy
- Key Developments
- SWOT Analysis
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Schweiter Technologies
- Company Overview
- Financial Updates
- Product/Business Segment Overview
- Strategy
- Key Developments
- SWOT Analysis
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Euro Composites
- Company Overview
- Financial Updates
- Product/Business Segment Overview
- Strategy
- Key Developments
- SWOT Analysis
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Gurit Holding
- Company Overview
- Financial Updates
- Product/Business Segment Overview
- Strategy
- Key Developments
- SWOT Analysis
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The Gill Corporation
- Company Overview
- Financial Updates
- Product/Business Segment Overview
- Strategy
- Key Developments
- SWOT Analysis
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Changzhou Tiansheng New Materials Co. Ltd.
- Company Overview
- Financial Updates
- Product/Business Segment Overview
- Strategy
- Key Developments
- SWOT Analysis
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Plascore Incorporated
- Company Overview
- Financial Updates
- Product/Business Segment Overview
- Strategy
- Key Developments
- SWOT Analysis
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Armacell International
- Company Overview
- Financial Updates
- Product/Business Segment Overview
- Strategy
- Key Developments
- SWOT Analysis
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Evonik Industries
- Company Overview
- Financial Updates
- Product/Business Segment Overview
- Strategy
- Key Developments
- SWOT Analysis
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Diab Group
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Conclusion
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List of Tables and Figures
- LIST OF TABLES
- Table 1 Global Structure Core Materials Market, by Region, 2021-2030
- Table 2 North America: Structure Core Materials Market, by Country, 2021-2030
- Table 3 Europe: Structure Core Materials Market, by Country, 2021-2030
- Table 4 Asia-Pacific: Structure Core Materials Market, by Country, 2021-2030
- Table 5 Middle East & Africa: Structure Core Materials Market, by Country, 2021-2030
- Table 6 Latin America: Structure Core Materials Market, by Country, 2021-2030
- Table 7 Global Structure Core Materials Product Market, by Region, 2021-2030
- Table 8 North America: Structure Core Materials Product Market, by Country, 2021-2030
- Table 9 Europe: Structure Core Materials Product Market, by Country, 2021-2030 Table10 Asia-Pacific: Structure Core Materials Product Market, by Country, 2021-2030 Table11 Middle East & Africa: Structure Core Materials Product Market, by Country, 2021-2030 Table12 Latin America: Structure Core Materials Product Market, by Country, 2021-2030 Table13 Global Structure Core Materials Skin Type Market, by Region, 2021-2030 Table14 North America: Structure Core Materials Skin Type Market, by Country, 2021-2030 Table15 Europe: Structure Core Materials Skin Type Market, by Country, 2021-2030 Table16 Asia-Pacific: Structure Core Materials Skin Type Market, by Country, 2021-2030 Table17 Middle East & Africa: Structure Core Materials Skin Type Market, by Country, 2021-2030 Table18 Latin America: Structure Core Materials Skin Type Market, by Country, 2021-2030 Table19 Global Structure Core Materials End-Use Industry Market, by Region, 2021-2030 Table20 North America: Structure Core Materials End-Use Industry Market, by Country, 2021-2030 Table21 Europe: Structure Core Materials End-Use Industry Market, by Country, 2021-2030 Table22 Asia-Pacific: Structure Core Materials End-Use Industry Market, by Country, 2021-2030 Table23 Middle East & Africa: Structure Core Materials End-Use Industry Market, by Country, 2021-2030 Table24 Latin America: Structure Core Materials End-Use Industry Market, by Country, 2021-2030 Table25 Global Product Market, by Region, 2021-2030 Table26 Global Skin Type Market, by Region, 2021-2030 Table27 Global End-Use Industry Market, by Region, 2021-2030 Table28 North America: Structure Core Materials Market, by Country, 2021-2030 Table29 North America: Structure Core Materials Market, by Product, 2021-2030 Table30 North America: Structure Core Materials Market, by Skin Type, 2021-2030 Table31 North America: Structure Core Materials Market, by End-Use Industry, 2021-2030 Table32 Europe: Structure Core Materials Market, by Country, 2021-2030 Table33 Europe: Structure Core Materials Market, by Product, 2021-2030 Table34 Europe: Structure Core Materials Market, by Skin Type, 2021-2030 Table35 Europe: Structure Core Materials Market, by End-Use Industry, 2021-2030 Table36 Asia-Pacific: Structure Core Materials Market, by Country, 2021-2030 Table37 Asia-Pacific: Structure Core Materials Market, by Product, 2021-2030 Table38 Asia-Pacific: Structure Core Materials Market, by Skin Type, 2021-2030 Table39 Asia-Pacific: Structure Core Materials Market, by End-Use Industry, 2021-2030 Table40 Middle East & Africa: Structure Core Materials Market, by Country, 2021-2030 Table41 Middle East & Africa Structure Core Materials Market, by Product, 2021-2030 Table42 Middle East & Africa Structure Core Materials Market, by Skin Type, 2021-2030 Table43 Middle East & Africa: Structure Core Materials Market, by End-Use Industry, 2021-2030 Table44 Latin America: Structure Core Materials Market, by Country, 2021-2030 Table45 Latin America Structure Core Materials Market, by Product, 2021-2030 Table46 Latin America Structure Core Materials Market, by Skin Type, 2021-2030 Table47 Latin America: Structure Core Materials Market, by End-Use Industry, 2021-2030 LIST OF FIGURES
- FIGURE 1 Global Structure Core Materials Market Segmentation
- FIGURE 2 Forecast Research Methodology
- FIGURE 3 Five Forces Analysis of Global Structure Core Materials Market
- FIGURE 4 Value Chain of Global Structure Core Materials Market
- FIGURE 5 Share of Global Structure Core Materials Market in 2021, by Country (%)
- FIGURE 6 Global Structure Core Materials Market, 2021-2030,
- FIGURE 7 Global Structure Core Materials Market Size by Products, 2021
- FIGURE 8 Share of Global Structure Core Materials Market, by Product, 2021-2030
- FIGURE 9 Global Structure Core Materials Market Size, by Skin Type, 2021
- FIGURE 10 Share of Global Structure Core Materials Market, by Skin Type, 2021-2030
- FIGURE 11 Global Structure Core Materials Market Size, by End-Use Industry, 2021
- FIGURE 12 Share of Global Structure Core Materials Market, by End-Use Industry, 2021-2030
Structural Core Materials Market Segmentation
Market Segmentation Overview
- Detailed segmentation data will be available in the full report
- Comprehensive analysis by multiple parameters
- Regional and country-level breakdowns
- Market size forecasts by segment

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