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HONEYCOMB CORE MATERIALS

Global Market Trajectory & Analytics

MCP12429

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  •  DATE

    JULY 2020

  •  TABLES

    162

  •  PAGES

    236

  •  EDITION

    7

  •  PRICE

    USD $5450

COVID-19 IMPACT SURVEY
Amid the COVID-19 crisis, the global market for Honeycomb Core Materials estimated at US$2.3 Billion in the year 2020, is projected to reach a revised size of US$3.2 Billion by 2027, growing at a CAGR of 5% over the analysis period 2020-2027.Paper, one of the segments analyzed in the report, is projected to grow at a 4.5% CAGR to reach US$1.2 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Aluminum segment is readjusted to a revised 5.1% CAGR for the next 7-year period. This segment currently accounts for a 13.3% share of the global Honeycomb Core Materials market.
The Honeycomb Core Materials market in the U.S. is estimated at US$677.6 Million in the year 2020. The country currently accounts for a 29.46% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$575 Million in the year 2027 trailing a CAGR of 4.8% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR while Rest of European market (as defined in the study) will reach US$575 Million by the year 2027.
In the global Thermoplastic segment, USA, Canada, Japan, China and Europe will drive the 5.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$211.3 Million in the year 2020 will reach a projected size of US$302.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$374 Million by the year 2027.We bring years of research experience to this 7th edition of our report. The 236-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others, Advanced Honeycomb Technologies, Inc.; Argosy International Inc.; Axxion Group; Benecore, Inc.; Cartoflex d.o.o.; Corex Honeycomb; Corinth Group; Dufaylite Developments Ltd.; EURO-COMPOSITES S.A.; Grigeo AB; Hexcel Corporation; Honeycomb Cellpack A/S; Honicel Nederland B.V. (Honicel Group); Koninklijke Ten Cate BV; l'hexagone; Lsquare Eco-Products Pvt. Ltd.; Packaging Corporation of America; Plascore Incorporated; RhinoKore Composites Solutions LP; Samia Canada Inc.; Suzhou Beecore Honeycomb Materials Co., Ltd.; Ten Cate; The Gill Corporation; Thermhex Waben GmbH; Ti-Vu Plast S.r.l.; Tricel Honeycomb Corporation; Tubus Bauer GmbH; Universal Metaltek
» Application (Composites, Non-composites) » End-Use Industry (Aerospace & Defense, Packaging, Transportation, Construction & Infrastructure, Other End-Use Industries) » Type (Paper, Aluminum, Thermoplastic, Nomex, Other Types)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

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