What is the global market size of Structural Core Materials Market?

What is the global market size of Structural Core Materials Market?Global Structural Core Materials Market size was valued at USD 1778.36 million in 2021 and is poised to grow from USD 1937.5 million in 2022 to USD 3700.2 million by 2030, growing at a CAGR of 8.8% in the forecast period (2023-2030).

Structural Core Materials Market Size, Share, Growth Analysis, By Product(Foam, Balsa, Honeycomb), By End-Use(Aerospace, Automotive, Wind Energy, Marine), By Skin Type(GFRP, CFRP, NFRP, others), By Region - Industry Forecast 2024-2031

Q: Who are the key vendors in the Global Structural Core Materials Market?

The global structural core materials market is fairly fragmented with the presence of many established international and regional companies operating around the globe. The key companies of the market are focusing on implementation of several business developing strategies such as strategic alliances, partnerships, collaborations, technology development, and new product launches to cater the rising consumer demand and strengthen their market position ahead of their competitors. 'DIAB International AB (Sweden)', 'Armacell International (Luxembourg)', '3A Composites GmbH (Switzerland)', 'Gurit (Switzerland)', 'Hexcel Corporation (US)', 'Evonik Industries AG (Germany)', 'The Gill Corporation (US)', 'Changzhou Tiansheng New Materials Co. Ltd. (China)', 'Plascore Incorporated (US)', 'Solvay (Belgium)'.

Q: What is the key market trend for Global Structural Core Materials Market?

Rising Popularity among Automobile Manufacturers.

Report ID: SQMIG15J2061 | Region: Global | Published Date: July, 2001
Pages: 157 | Tables: 94 | Figures: 76

Structural Core Materials Market News

In August 2022, Collins Aerospace, announced the launch of its new facility at the Houston Spaceport, Texas with an area of 120,000 square foot. Collin’s invested around USD 30 million, to inaugurate this facility to support their future space exploration.
In October 2022, Hexcel Corporation announced that, they have received Type approval for its new HexPly® M9.6GF prepreg products from the Bureau Veritas, a global leader in testing, certification, and inspection services. The new products is highly suitable for use in the manufacturing of mass and other large structural components.

Structural Core Materials Market Report Snapshots

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Structural Core Materials Market size was valued at USD 1778.36 million in 2019 and is poised to grow from USD 1937.5 million in 2023 to USD 3700.2 million by 2031, growing at a CAGR of 8.8% in the forecast period (2024-2031).

The structural core materials market is fairly fragmented with the presence of many established international and regional companies operating around the globe. The key companies of the market are focusing on implementation of several business developing strategies such as strategic alliances, partnerships, collaborations, technology development, and new product launches to cater the rising consumer demand and strengthen their market position ahead of their competitors. 'DIAB International AB (Sweden)', 'Armacell International (Luxembourg)', '3A Composites GmbH (Switzerland)', 'Gurit (Switzerland)', 'Hexcel Corporation (US)', 'Evonik Industries AG (Germany)', 'The Gill Corporation (US)', 'Changzhou Tiansheng New Materials Co. Ltd. (China)', 'Plascore Incorporated (US)', 'Euro-Composites S.A. (Luxembourg)', 'Schweiter Technologies (Switzerland)', 'Henkel AG & Co. KGaA (Germany)', 'Carbon-Core Corp. (US)', 'CoreLite Inc. (US)', 'Polycarbon Industries (Israel)', 'Janicki Industries (US)', 'Owens Corning (US)', 'SABIC (Saudi Arabia)', 'TenCate Advanced Composites (Netherlands)', 'Solvay (Belgium)'

Rising Adoption of Structural Core Material across Various Industries

Rising Popularity among Automobile Manufacturers

Globally, North America dominated the structural core materials market with a holding of healthy market share in 2021 and is set to continue this dominance over the forecast period. High growth in construction sector, wing energy, and automotive industries especially in countries like the United States and Canada is projected to be the major factors driving the growth of the market in the region. Additionally, large presence of key market players including Hexcel Corporation and The Gill Corporation is also contributing significantly to the growth of the market over the coming years.

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Structural Core Materials Market Size, Share, Growth Analysis, By Product(Foam, Balsa, Honeycomb), By End-Use(Aerospace, Automotive, Wind Energy, Marine), By Skin Type(GFRP, CFRP, NFRP, others), By Region - Industry Forecast 2024-2031

Structural Core Materials Market News

Structural Core Materials Market Report Snapshots

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What is the market size of Structural Core Materials Market?

Who are the key vendors in the Structural Core Materials Market?

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What is the key market trend for Structural Core Materials Market?

Which region accounted for the largest share in Structural Core Materials Market?

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