Honeycomb Core Materials Market

The report "Honeycomb Core Materials Market by Type (Paper, Aluminum, Thermoplastic, Nomex), Application (Composites, Non-composites), End-use Industry (Aerospace & Defense, Packaging, Transportation, Construction & Infrastructure), Region - Global Forecast to 2022", The honeycomb core materials market is projected to reach USD 3.21 Billion by 2022 from USD 2.03 Billion in 2017, at a CAGR of 9.5% between 2017 and 2022.

Browse 75 market data Tables and 39 Figures spread through 134 Pages and in-depth TOC on "Honeycomb Core Materials Market by Type (Paper, Aluminum, Thermoplastic, Nomex), Application (Composites, Non-composites), End-use Industry (Aerospace & Defense, Packaging, Transportation, Construction & Infrastructure), Region - Global Forecast to 2022"
https://www.marketsandmarkets.com/Market-Reports/honeycomb-core-material-market-116914763.html
Early buyers will receive 10% customization on reports.

Honeycomb core materials are being increasingly used in composite and non-composite applications. Their growing use in non-composite applications, such as construction & infrastructure and packaging is driving the honeycomb core materials market. Additionally, the increasing use of composites and core materials in high-performance applications, such as aircraft, rail, and automotive, is boosting the demand for Nomex and aluminum honeycomb core materials across the globe.

Based on type, the paper segment of the honeycomb core materials market is projected to grow at the highest CAGR, in terms of value and volume, during the forecast period

Paper honeycombs are increasingly used in furniture, automotive, and packaging production industries. Paper honeycomb core materials are used in the furniture industry as an insert in furniture panels, whereas, in the packaging industry, paper honeycomb cores are used in boxes, spacers, and pallets to protect the household and industrial appliances, equipment, and other fragile and delicate products during transportation.

The packaging end-use industry segment is projected to lead the honeycomb core materials market, in terms of value and volume, during the forecast period

The high demand for sustainable, low-cost, and lightweight products for packaging is driving the honeycomb core materials market. There is an increasing demand for honeycomb core materials in packaging due to the growing e-commerce and manufacturing sectors which rely on the safe transportation of products. This directly drives the honeycomb core materials market as paper honeycomb core materials are used for the protective packaging of goods.

The APAC region is estimated to be the largest market for honeycomb core materials in 2017 in terms of value and volume

The APAC region is estimated to be the largest market for honeycomb core materials in 2017. The growth of the APAC honeycomb core materials market can be attributed to industrial expansion, the presence of well-established manufacturers, and technological advancements in construction, transportation, and packaging sectors in this region.

Key players operational in the honeycomb core materials market include Honicel (Netherlands), Euro-Composites (Luxembourg), Argosy International (US), Grigeo (Lithuania), Plascore (US), Tubus Baer GmbH (Germany), Corinth. (Netherlands), Axxion (Netherlands), and Hexcel Corporation (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]