Structural Core Materials Market Research Report – Forecast to 2023

Structural Core Materials Market Research Report – Forecast to 2023

ID: MRFR/CnM/4752-HCRR | September, 2018 | Region: Global | 100 pages | Half-Cooked Research Reports

Global Structural Core Materials Market: 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 2023


Structural core materials are used in composites mainly to enhance their physical properties. The most commonly used structural core materials are foam, balsa, and honeycomb. Balsa has a high aspect ratio and is extensively used in boat hulls, navy vessels, military aircraft, and industrial tanks, among others. Honeycomb materials include aluminum, paper, polypropylene, and impregnated fiberglass. Honeycomb is used in applications where extremely lightweight panels are required. According to MRFR analysis, the global structural core materials market is projected to grow at a CAGR of over 5% during the forecast period. Market growth is driven by increasing product demand from the automobile and aerospace industries. Moreover, with rising international trade, the marine sector has seen substantial growth in recent times which, in turn, is projected to have a positive impact on the global structural core materials market. The growing demand for lightweight materials in aircraft, automobiles, and marine vessels due to their high fuel efficiency is expected to be a major factor driving market growth.


On the basis of product type, the honeycomb segment was the largest in 2017 and is expected to remain so during the forecast period. The growing use of honeycomb in lightweight construction applications and industries such as aerospace is contributing to the growth of the segment. On the basis of skin type, the carbon fiber reinforced polymer segment is anticipated to generate the highest revenue during the assessment period. These composites possess excellent properties such as high tensile strength, low thermal expansion, and stiffness which results in their applications in several end-use industries.


Global Structural Core Materials Market Share, by Product (%)


 Structural Core Materials Market Share


Regional Analysis


The market in Asia-Pacific is expected to be the fastest-growing regional market. Increasing automobile production in the region is acting as a major driver for the growth of the market. Additionally, the growing construction industry, mainly in India and China, is also driving the demand for structural core materials.  The increasing inclination toward green energy has led to the development of the wind energy industry, in turn, fueling the demand for structural core materials in the region. For instance, according to the Indian Ministry of New and Renewable Energy, the country is ranked fourth in the global wind power installed capacity and has a renewable energy target of 175 GW by the end of 2022.


North America was the largest market in 2017 and is expected to maintain its dominance during the review period. The presence of developed aerospace and automobile industries contributes substantially to the growth of the market mainly in the U.S. and Canada. Moreover, increasing government spending in the construction sector is positively affecting product demand. According to the United States Census Bureau, total construction spending in the U.S. was USD 1,191,812 in 2016 which increased to 1,246,000 by the end of 2017.


Segmentation


The global structural core materials market has been segmented by product, skin type, end-use industry, and region. On the basis of product, the market has been segregated into foam, balsa, and honeycomb. On the basis of skin type, the market has been segmented into glass fiber reinforced polymer (GFRP), carbon fiber reinforced polymer (CFRP), natural fiber reinforced polymer (NFRP), and others. On the basis of end-use industry, the market has been further segregated into aerospace, automotive, wind energy, marine, construction, and others. Based on region, the market has been segregated into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.


Key Players


Some of the key players in the global structural core materials market are 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).


Intended Audience



  • Structural core materials manufacturers

  • Traders and distributors of structural core materials

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratories

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Type

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End-Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Intensity of Competitive Rivalry

5 Market Dynamics of Global Structure Core Materials Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

5.6 Trends/Products

6. Global Structure Core Materials Market, by Product

6.1 Introduction

6.2 Foam

6.2.1 Market Estimates & Forecast, 2018–2023

6.2.2 Market Estimates & Forecast, by Region, 2018–2023

6.3 Balsa

6.3.1 Market Estimates & Forecast, 2018–2023

` 6.3.2 Market Estimates & Forecast, by Region, 2018–2023

6.4 Honeycomb

6.4.1 Market Estimates & Forecast, 2018–2023

6.4.2 Market Estimates & Forecast, by Region, 2018–2023



7. Global Structure Core Materials Market, by Skin Type

7.1 Introduction

7.2 Glass Fiber Reinforced Polymer (GFRP)

7.2.1 Market Estimates & Forecast, 2018–2023

7.2.2 Market Estimates & Forecast, by Region, 2018–2023

7.3 Carbon Fiber Reinforced Polymer (CFRP)

7.3.1 Market Estimates & Forecast, 2018–2023

7.3.2 Market Estimates & Forecast, by Region, 2018–2023

7.4 Natural Fiber Reinforced Polymer (NFRP)

7.4.1 Market Estimates & Forecast, 2018–2023

7.4.2 Market Estimates & Forecast, by Region, 2018–2023

7.5 Others

7.5.1 Market Estimates & Forecast, 2018–2023

7.5.2 Market Estimates & Forecast, by Region, 2018–2023

8. Global Structure Core Materials Market, by End-Use Industry

8.1 Introduction

8.2 Aerospace

8.2.1 Market Estimates & Forecast, 2018–2023

8.2.2 Market Estimates & Forecast, by Region, 2018–2023

8.3 Automotive

8.3.1 Market Estimates & Forecast, 2018–2023

8.3.2 Market Estimates & Forecast, by Region, 2018–2023

8.4 Wind Energy

8.4.1 Market Estimates & Forecast, 2018–2023

8.4.2 Market Estimates & Forecast, by Region, 2018–2023

8.5 Marine

8.5.1 Market Estimates & Forecast, 2018–2023

8.5.2 Market Estimates & Forecast, by Region, 2018–2023

8.6 Construction

8.6.1 Market Estimates & Forecast, 2018–2023

8.6.2 Market Estimates & Forecast, by Region, 2018–2023

8.7 Others

8.7.1 Market Estimates & Forecast, 2018–2023

8.7.2 Market Estimates & Forecast, by Region, 2018–2023

9. Global Structure Core Materials Market, by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2018–2023

9.2.2 Market Estimates & Forecast, by Product, 2018–2023

9.2.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.2.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.2.5 U.S.

9.2.5.1 Market Estimates & Forecast, 2018–2023

9.2.5.2 Market Estimates & Forecast, by Product, 2018–2023

9.2.5.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.2.5.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.2.6 Canada

9.2.6.1 Market Estimates & Forecast, 2018–2023

9.2.6.2 Market Estimates & Forecast, by Product, 2018–2023

9.2.6.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.2.6.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.3 Europe

9.3.1 Market Estimates & Forecast, 2018–2023

9.3.2 Market Estimates & Forecast, by Product, 2018–2023

9.3.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.3.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.3.5 Germany

9.3.5.1 Market Estimates & Forecast, 2018–2023

9.3.5.2 Market Estimates & Forecast, by Product, 2018–2023

9.3.5.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.3.5.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.3.6. France

9.3.6.1 Market Estimates & Forecast, 2018–2023

9.3.6.2 Market Estimates & Forecast, by Product, 2018–2023

9.3.6.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.3.6.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.3.7 Italy

9.3.7.1 Market Estimates & Forecast, 2018–2023

9.3.7.2 Market Estimates & Forecast, by Product, 2018–2023

9.3.7.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.3.7.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.3.8 Spain

9.3.8.1 Market Estimates & Forecast, 2018–2023

9.3.8.2 Market Estimates & Forecast, by Product, 2018–2023

9.3.8.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.3.8.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.3.9 U.K.

9.3.9.1 Market Estimates & Forecast, 2018–2023

9.3.9.2 Market Estimates & Forecast, by Product, 2018–2023

9.3.9.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.3.9.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.3.10 Russia

9.3.10.1 Market Estimates & Forecast, 2018–2023

9.3.10.2 Market Estimates & Forecast, by Product, 2018–2023

9.3.10.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.3.10.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.3.11 Poland

9.3.11.1 Market Estimates & Forecast, 2018–2023

9.3.11.2 Market Estimates & Forecast, by Product, 2018–2023

9.3.11.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.3.11.4 Market Estimates & Forecast, by End-Use Industry,2018–2023

9.3.12 Rest of Europe

9.3.12.1 Market Estimates & Forecast, 2018–2023

9.3.12.2 Market Estimates & Forecast, by Product, 2018–2023

9.3.12.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.3.12.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.4 Asia-Pacific

9.4.1 Market Estimates & Forecast, 2018–2023

9.4.2 Market Estimates & Forecast, by Product, 2018–2023

9.4.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.4.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.4.5 China

9.4.5.1 Market Estimates & Forecast, 2018–2023

9.4.5.2 Market Estimates & Forecast, by Product, 2018–2023

9.4.5.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.4.5.3 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.4.6 India

9.4.6.1 Market Estimates & Forecast, 2018–2023

9.4.6.2 Market Estimates & Forecast, by Product, 2018–2023

9.4.6.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.4.6.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.4.7 Japan

9.4.7.1 Market Estimates & Forecast, 2018–2023

9.4.7.2 Market Estimates & Forecast, by Product, 2018–2023

9.4.7.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.4.7.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.4.8 Australia & New Zealand

9.4.8.1 Market Estimates & Forecast, 2018–2023

9.4.8.2 Market Estimates & Forecast, by Product, 2018–2023

9.4.8.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.4.8.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.4.9 Rest of Asia-Pacific

9.4.9.1 Market Estimates & Forecast, 2018–2023

9.4.9.2 Market Estimates & Forecast, by Product, 2018–2023

9.4.9.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.4.9.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.5 Middle East & Africa

9.5.1 Market Estimates & Forecast, 2018–2023

9.5.2 Market Estimates & Forecast, by Product, 2018–2023

9.5.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.5.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.5.5 G.C.C.

9.5.5.1 Market Estimates & Forecast, 2018–2023

9.5.5.2 Market Estimates & Forecast, by Product, 2018–2023

9.5.5.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.5.5.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.5.6 Israel

9.5.6.1 Market Estimates & Forecast, 2018–2023

9.5.6.2 Market Estimates & Forecast, by Product, 2018–2023

9.5.6.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.5.6.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.5.7 North Africa

9.5.7.1 Market Estimates & Forecast, 2018–2023

9.5.7.2 Market Estimates & Forecast, by Product, 2018–2023

9.5.7.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.5.7.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.5.8 Turkey

9.5.8.1 Market Estimates & Forecast, 2018–2023

9.5.8.2 Market Estimates & Forecast, by Product, 2018–2023

9.5.8.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.5.8.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.5.9 Rest of the Middle East & Africa

9.5.9.1 Market Estimates & Forecast, 2018–2023

9.5.9.2 Market Estimates & Forecast, by Product, 2018–2023

9.5.9.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.5.9.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.6 Latin America

9.6.1 Market Estimates & Forecast, 2018–2023

9.6.2 Market Estimates & Forecast, by Product, 2018–2023

9.6.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.6.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.6.5 Brazil

9.6.5.1 Market Estimates & Forecast, 2018–2023

9.6.5.2 Market Estimates & Forecast, by Product, 2018–2023

9.6.5.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.6.5.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.6.6 Mexico

9.6.6.1 Market Estimates & Forecast, 2018–2023

9.6.6.2 Market Estimates & Forecast, by Product, 2018–2023

9.6.6.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.6.6.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.6.7 Argentina

9.6.7.1 Market Estimates & Forecast, 2018–2023

9.6.7.2 Market Estimates & Forecast, by Product, 2018–2023

9.6.7.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.6.7.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

9.6.8 Rest of Latin America

9.6.8.1 Market Estimates & Forecast, 2018–2023

9.6.8.2 Market Estimates & Forecast, by Product, 2018–2023

9.6.8.3 Market Estimates & Forecast, by Skin Type, 2018–2023

9.6.8.4 Market Estimates & Forecast, by End-Use Industry, 2018–2023

10. Company Landscape

10.1 Introduction

10.2 Market Strategy

10.3 Key Development Analysis

(Expansions/Mergers & Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)

11. Company Profiles

11.1 Diab Group

11.1.1 Company Overview

11.1.2 Financial Updates

11.1.3 Product/Business Segment Overview

11.1.4 Strategy

11.1.5 Key Developments

11.1.6 SWOT Analysis

11.2 Hexcel Corporation

11.2.1 Company Overview

11.2.2 Financial Updates

11.2.3 Product/Business Segment Overview

11.2.4 Strategy

11.2.5 Key Developments

11.2.6 SWOT Analysis

11.3 Schweiter Technologies

11.3.1 Company Overview

11.3.2 Financial Updates

11.3.3 Product/Business Segment Overview

11.3.4 Strategy

11.3.5 Key Developments

11.3.6 SWOT Analysis

11.4 Euro Composites

11.4.1 Company Overview

11.4.2 Financial Updates

11.4.3 Product/Business Segment Overview

11.4.4 Strategy

11.4.5 Key Developments

11.4.6 SWOT Analysis

11.5 Gurit Holding

11.5.1 Company Overview

11.5.2 Financial Updates

11.5.3 Product/Business Segment Overview

11.5.4 Strategy

11.5.5 Key Developments

11.5.6 SWOT Analysis

11.6 The Gill Corporation

11.6.1 Company Overview

11.6.2 Financial Updates

11.6.3 Product/Business Segment Overview

11.6.4 Strategy

11.6.5 Key Developments

11.6.6 SWOT Analysis

11.7 Changzhou Tiansheng New Materials Co. Ltd.

11.7.1 Company Overview

11.7.2 Financial Updates

11.7.3 Product/Business Segment Overview

11.7.4 Strategy

11.7.5 Key Developments

11.7.6 SWOT Analysis

11.8 Plascore Incorporated

11.8.1 Company Overview

11.8.2 Financial Updates

11.8.3 Product/Business Segment Overview

11.8.4 Strategy

11.8.5 Key Developments

11.8.6 SWOT Analysis

11.9 Armacell International

11.9.1 Company Overview

11.9.2 Financial Updates

11.9.3 Product/Business Segment Overview

11.9.4 Strategy

11.9.5 Key Developments

11.9.6 SWOT Analysis

11.10 Evonik Industries

11.10.1 Company Overview

11.10.2 Financial Updates

11.10.3 Product/Business Segment Overview

11.10.4 Strategy

11.10.5 Key Developments

11.10.6 SWOT Analysis

12. Conclusion

LIST OF TABLES





Table 1 Global Structure Core Materials Market, by Region, 2016–2023

Table 2 North America: Structure Core Materials Market, by Country, 2016–2023

Table 3 Europe: Structure Core Materials Market, by Country, 2016–2023

Table 4 Asia-Pacific: Structure Core Materials Market, by Country, 2016–2023

Table 5 Middle East & Africa: Structure Core Materials Market, by Country, 2016–2023

Table 6 Latin America: Structure Core Materials Market, by Country, 2016–2023

Table 7 Global Structure Core Materials Product Market, by Region, 2016–2023

Table 8 North America: Structure Core Materials Product Market, by Country, 2016–2023

Table 9 Europe: Structure Core Materials Product Market, by Country, 2016–2023

Table10 Asia-Pacific: Structure Core Materials Product Market, by Country, 2016–2023

Table11 Middle East & Africa: Structure Core Materials Product Market, by Country, 2016–2023

Table12 Latin America: Structure Core Materials Product Market, by Country, 2016–2023

Table13 Global Structure Core Materials Skin Type Market, by Region, 2016–2023

Table14 North America: Structure Core Materials Skin Type Market, by Country, 2016–2023

Table15 Europe: Structure Core Materials Skin Type Market, by Country, 2016–2023

Table16 Asia-Pacific: Structure Core Materials Skin Type Market, by Country, 2016–2023

Table17 Middle East & Africa: Structure Core Materials Skin Type Market, by Country, 2016–2023

Table18 Latin America: Structure Core Materials Skin Type Market, by Country, 2016–2023

Table19 Global Structure Core Materials End-Use Industry Market, by Region, 2018–2023

Table20 North America: Structure Core Materials End-Use Industry Market, by Country, 2016–2023

Table21 Europe: Structure Core Materials End-Use Industry Market, by Country, 2016–2023

Table22 Asia-Pacific: Structure Core Materials End-Use Industry Market, by Country, 2016–2023

Table23 Middle East & Africa: Structure Core Materials End-Use Industry Market, by Country, 2016–2023

Table24 Latin America: Structure Core Materials End-Use Industry Market, by Country, 2018–2023

Table25 Global Product Market, by Region, 2016–2023

Table26 Global Skin Type Market, by Region, 2016–2023

Table27 Global End-Use Industry Market, by Region, 2016–2023

Table28 North America: Structure Core Materials Market, by Country, 2016–2023

Table29 North America: Structure Core Materials Market, by Product, 2016–2023

Table30 North America: Structure Core Materials Market, by Skin Type, 2016–2023

Table31 North America: Structure Core Materials Market, by End-Use Industry, 2016–2023

Table32 Europe: Structure Core Materials Market, by Country, 2016–2023

Table33 Europe: Structure Core Materials Market, by Product, 2016–2023

Table34 Europe: Structure Core Materials Market, by Skin Type, 2016–2023

Table35 Europe: Structure Core Materials Market, by End-Use Industry, 2016–2023

Table36 Asia-Pacific: Structure Core Materials Market, by Country, 2016–2023

Table37 Asia-Pacific: Structure Core Materials Market, by Product, 2016–2023

Table38 Asia-Pacific: Structure Core Materials Market, by Skin Type, 2016–2023

Table39 Asia-Pacific: Structure Core Materials Market, by End-Use Industry, 2016–2023

Table40 Middle East & Africa: Structure Core Materials Market, by Country, 2016–2023

Table41 Middle East & Africa Structure Core Materials Market, by Product, 2016–2023

Table42 Middle East & Africa Structure Core Materials Market, by Skin Type, 2016–2023

Table43 Middle East & Africa: Structure Core Materials Market, by End-Use Industry, 2016–2023

Table44 Latin America: Structure Core Materials Market, by Country, 2016–2023

Table45 Latin America Structure Core Materials Market, by Product, 2016–2023

Table46 Latin America Structure Core Materials Market, by Skin Type, 2016–2023

Table47 Latin America: Structure Core Materials Market, by End-Use Industry, 2016–2023

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 2018, by Country (%)

FIGURE 6 Global Structure Core Materials Market, 2016–2023,

FIGURE 7 Global Structure Core Materials Market Size by Products, 2018

FIGURE 8 Share of Global Structure Core Materials Market, by Product, 2016–2023

FIGURE 9 Global Structure Core Materials Market Size, by Skin Type, 2018

FIGURE 10 Share of Global Structure Core Materials Market, by Skin Type, 2016–2023

FIGURE 11 Global Structure Core Materials Market Size, by End-Use Industry, 2018

FIGURE 12 Share of Global Structure Core Materials Market, by End-Use Industry, 2016–2023