Nomex Honeycomb Market Scope
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.
According to AMA, the Global Nomex Honeycomb market is expected to see growth rate of 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. Research Analyst at AMA estimates that United States, United Kingdom, China Vendors will contribute to the maximum growth of Global Nomex Honeycomb market throughout the predicted period.
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.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Nomex Honeycomb market , by Application (Transportation, Aerospace & Defense [Interior, Exterior], Sporting Goods and Others) and Region with country level break-up.
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).
Market Trend
- Ongoing Development for Low-Cost Products
Market Drivers
- High Inherent Dielectric Strength, Thermal Stability, Flexibility, And Mechanical Toughness
- Increase Use of Nomex Honeycomb in Rail Transportation
Opportunities
- Rising Use of Nomex Honeycomb in Aerospace & Defense Industry
- High Compatibility With Maximum Adhesives Employed In Sandwich Composites Fuels
Restraints
Challenges
- Tendency to Absorb Moisture
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