The study covers a detailed analysis segmented by key business segments i.e. by type (Foam Core (PVC Foam, Polystyrene Foam, Polyurethane Foam, Others), Honeycomb (Aluminum Honeycomb, Nomex Honeycomb, Thermoplastic Honeycomb) and Wood (Balsa, Other Woods)) , by application (Aerospace, Wind Energy, Marine, Transportation, Construction and Others) and major geographies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Core Materials market throughout the predicted period.
What is Core Materials?
Core Materials are materials with composite skins which create a sandwich structure-based laminate with properties such as high stiffness and low weight. Core materials are available and produced in a number of forms which include, end-grain balsa wood, polyvinyl chloride foam, urethane foam, non-woven core fabrics, and a wide variety of honeycomb materials. Core materials find application in the production of strong stiff and lightweight structures for high-performance products. Core materials are used in a wide range of industries including marine, wind energy, and automotive.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Core Materials market analysis report suggests strategies Vendors can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, including:
- 3A Composites (Switzerland)
- Diab Group (Sweden)
- Gurit (Switzerland)
- Hexcel Corporation (United States)
- Armacell International S.A. (Luxembourg)
- The Gill Corporation (United States)
- Evonik Industries AG (Germany)
- Plascore, Inc. (United States)
- Sartex GmbH & Co. KG (Germany)
- Euro-Composites S.A. (Luxembourg)
Market Overview:
In July 2019, Gurit acquired a PET recycling facility from Valplastic S.r.l. in Italy. This acquisition is expected to help the company to secure quality and cost-effective raw material supplies and also to strengthen its supply chain of raw materials.
Restraints
- Lack Of Economical Manufacturing Processes For Manufacturing Core Materials In Huge Quantities And Highly Capital-Extensive Market
Opportunities
Development of PET Foam and Governments’ Stimulus Packages And Tax Incentives
Key highlights of the Global Core Materials market Study:
CAGR of the market during the forecast period 2020-2026
In-depth information on growth factors that will accelerate the Core Materials market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Core Materials market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Core Materials Vendors
Transformation and Important Trigegrs:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Core Materials market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Core Materials market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Core Materials Manufacturers, Raw Material Suppliers, Distributors/Exporters/Importers, Potential Investors, End-use Industries and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.