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Cork Material Market – Global Industry Analysis and Forecast | 2025

06-07-2018 09:57 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research Reports

/ PR Agency: Transparency Market Research Reports
Cork is a commonly employed material for bottle stoppers, especially wine bottles. Cork material is composed of suberin, which is a hydrophobic substance. Key properties of cork material include high buoyancy, elasticity, and flame retardancy. Cork’s bubble form structure and natural fire retardant property make it suitable for acoustic and thermal insulation in house walls, floors, ceilings, and facades. The raw material for cork products is harvested from the cork oak tree. Production of compound agglomerated cork involves the addition of binders or adhesive agents such as asphalt, rubber, gypsum, glue, and plastic to cork granules.

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The cork material market is primarily driven by the increase in demand from the alcoholic beverage industry. Rising disposable income, changing life styles, and westernization are some of the factors propelling the cork material market. Another key driver of the cork material market is the increase in demand in the sports sector; cork is an essential material in the production of badminton shuttlecocks. The application of coke materials in house walls, floors, ceilings, and facades is also on the rise. Thus, demand for cork in the building & construction sector is also considered a significant driver of the cork material market. Cork sheets, which are the by-products of stopper production, are primarily used to make bulletin boards as well as handles for fishing rods. The cork material is impermeable and moisture resistant; thus, cork is often used as an alternative to leather in hand bags, wallets, and other fashion items. Cork materials are employed in the storage of acids in laboratories. This coupled with the rise in investments in research and developments is boosting the cork material market across the globe.

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In terms of product, the global cork material market can be segmented into anti-vibration products, clutch plates, DIY (Do It Yourself) product, flooring product, sheets & rolls, and polish wheels. Anti-vibration products include anti vibration coils, pads, sheets, and mats.Cork material is employed in flooring products such as polymer sealed cork floor tiles, cork flooring tiles, cork rolls, cork underlay roll, and cork expansion strips. Based on application, the cork material market can be classified into wine bottles, thermal insulation, shuttle cock badminton, bulletin boards, and floor and wall tiles.

The global cork material market expanded significantly in 2016. This trend is estimated to continue during the forecast period. North America accounted for significant share of the global cork material market in 2016 due to the raw material processing and technological advancements in the region. The cork material market in North America has been expanding steadily, led by the emergence of numerous wineries and breweries in the region. Similarly, the cork material market in Europe is also expanding due to the presence of advanced distilleries with high production capacity. Germany, the U.K., and Italy are considered key countries of the cork material market in Europe. Asia Pacific is also considered a major region of the cork material market due to the strong demand in China, Japan, and ASEAN. Change in lifestyle and presence of emerging economies are the prominent factors propelling the cork material market in Asia Pacific. Brazil constitutes the major demand for cork materials in Latin America. The recent economic expansion coupled with high disposable income and improving lifestyle has developed a strong middle class which is interested in wine consumption. The cork material market in Middle East & Africa is expected to offer attractive growth potential, due to the increase in tourism, especially the influx of business travelers, due to the opening up of economies in the Middle East.

Key players operating in the global cork material market include Ecore International, CHARLES CANTRILL LTD, and Nu-Cork

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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