About Nomex Honeycomb
Nomex Honeycomb is made from Nomex paper rather than cellulose fibers. The initial paper honeycomb is usually dipped in a phenolic resin to produce a honeycomb core with high strength and very good fire resistance. It is a lightweight and flexible material with high strength due to which it is being widely used in aerospace applications. Also, the increasing use of Nomex honeycomb in the construction of boats to help provide flexibility to enhance speed has boosted the market growth of Nomex honeycomb.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
CAGR | 9.43% |
The Nomex honeycomb market is fragmented and it has been observed that most of the companies are upgrading or introducing innovative products. They rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share. Analyst at AMA Research estimates that United States, United Kingdom, China Vendors will contribute the maximum growth to Global Nomex Honeycomb market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Hexcel Corporation (United States), Royal Ten Cate N.V (Netherlands), Euro-Composites (Luxembourg), Plascore Inc. (United States), The Gill Corporation (United States), Advanced Honeycomb Technologies Inc. (United States), Avic Composite Corporation (China), DuPont de Nemours, Inc. (United States), Euro-Composites Corporation (United States), HONYLITE PVT.LTD. (India), Tasuns Composite Technology Co., Ltd. (China), Core Composites (United States), Fibermax Composite (United Kingdom) and TRB Lightweight Structures Limited (United Kingdom) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Nomex Honeycomb market by , Application (Transportation, Aerospace & Defense [Interior, Exterior], Sporting Goods and Others) and Region.
On the basis of geography, the market of Nomex Honeycomb has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Cell Structure, the sub-segment i.e. Hexagonal Cell will boost the Nomex Honeycomb market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Density (lb/ft3), the sub-segment i.e. 2-2.5 will boost the Nomex Honeycomb market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Plate Shear, the sub-segment i.e. L Direction will boost the Nomex Honeycomb market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Ongoing Development for Low-Cost Products
Market Growth Drivers:
High Inherent Dielectric Strength, Thermal Stability, Flexibility, And Mechanical Toughness and Increase Use of Nomex Honeycomb in Rail Transportation
Challenges:
Tendency to Absorb Moisture
Restraints:
High Raw Material Cost
Opportunities:
Rising Use of Nomex Honeycomb in Aerospace & Defense Industry and High Compatibility With Maximum Adhesives Employed In Sandwich Composites Fuels
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Nomex Honeycomb Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.