openPR Logo
Press release

Honeycomb Sandwich Material Market Set To Grow At A CAGR Of 10.0% Through To 2022

02-26-2020 07:36 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Honeycomb Sandwich Material Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $760.1 million by the year 2022, registering a CAGR of 10.0% during the period 2016 - 2022. The global demand for honeycomb sandwich materials has gained traction owing to its superior mechanical performance and lightweight property. Among the type of materials used for honeycomb structures, aluminum segment accounted for over one-third of the overall market in 2015, owing to its low cost and high tensile strength.

Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/610

Honeycomb sandwich is used specifically in applications that involve high strength-to-weight ratio, high stiffness-to-weight ratio, and corrosion resistance. These materials are applicable in aerospace & aircraft, automotive, satellites, trains, and others including clean room industry and marine sectors. In the year 2015, the honeycomb sandwich materials market witnessed significant growth and is expected to maintain this trend during the forecast period due to its growing demand in the aforementioned industries. The key factors that drive the honeycomb market are increase in production of aircrafts and heavy investments in satellite manufacturing globally. However, honeycomb sandwich materials market is capital-intensive, which limits its consumption in end use applications, namely consumer electronics and automotive industries.

Expansion technique accounted for the majority share in 2015 and is expected to maintain its dominance from 2016 to 2022. However, extrusion technique is expected to grow with the highest CAGR of 10.5% from 2016 to 2022.

Make an Enquiry before Buying @ https://www.alliedmarketresearch.com/purchase-enquiry/610

Key Findings of Honeycomb Sandwich Materials Market

o North America is expected to continue dominating honeycomb sandwich materials market, accounting for more than two-fifths of the market size by 2022.
o Aluminum honeycomb sandwich material segment accounted for the largest share in 2015.
o Rail application segment is expected to grow at the highest CAGR of 13.8% during the forecast period.
o Expansion technique, among the honeycomb panel manufacturing technologies, accounted for the highest share in 2015.
o LAMEA is expected to be the fastest growing region during the forecast period.

North America and Europe collectively accounted for about 70% share of the globalhoneycomb sandwich materials market in 2015, and is expected to maintain its dominance throughout the forecast period. This is attributed to the rise in the applications of satellites, commercial and defense aircrafts, automobiles, and trains in these regions, thereby increasing the demand for honeycomb sandwich. However, LAMEA is projected to be the fastest growing segment due to growing investments in the aircraft and satellite manufacturing industry.

The key players profiled in this report are Hexcel Corporation, Pacific Panels, Inc., COREX-Honeycomb, The Gill Corporation, 3A Composites Holding AG, EconCore, Samia Canada, Inc., Liming Honeycomb Composites Co., Ltd., Guangzhou Aloya Renoxbell Aluminum Co., Ltd, Benecor, Inc., and 3M Company.

Access Full Summary @ https://www.alliedmarketresearch.com/honeycomb-sandwich-market

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
Follow Us on Twitter: https://twitter.com/marketresearcht

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Honeycomb Sandwich Material Market Set To Grow At A CAGR Of 10.0% Through To 2022 here

News-ID: 1945376 • Views: 92

More Releases from Allied Market Research

Smart Inhalers Market is Like to Touch $1,406 Million by 2026
Smart Inhalers Market size was valued to be at $34 million in 2018 and is expected to increase during the forecast period to be at $1,406 million by 2026, registering a CAGR of 58.4% from 2019 to 2026. The inhalers segment accounted for more than half of the total market share in 2018. Smart inhalers are the small inhaler devices used for delivering several inhaled medications such as anticholinergics, glucocorticoids, and
Surgical Sutures Market On Position to Reach $5,255 Million by 2022
Surgical Sutures Market size accounted for $3,360 million in 2015, and is expected to reach $5,255 million by 2022, growing at a CAGR of 6.4% from 2016 to 2022. The sutures segment dominated the market in 2015 with more than four-fifths share. Click Here To Access Free Sample Report: https://www.alliedmarketresearch.com/request-sample/1642 Global escalation in the number of hospitals, surge in the adoption of technologically advanced products, and increase in number of surgeries due
Internet of Things in Healthcare Market Like to Cross $332 Billion by 2027
The global internet of things in healthcare market was valued at $113.751 billion in 2019 and is expected to reach $332.672 billion by 2027, registering a CAGR of 13.20% from 2020 to 2027. The internet of things (IoT) is described as a network of physical devices that uses connectivity to enable the exchange of data. The internet of things in healthcare market is gaining popularity in the recent years owing
Breast Imaging Technologies Market Is Expected to Reach $4,502 Million by 2022
Breast Imaging Technologies Market Report, published by Allied Market Research, forecasts that the global breast imaging technologies market is expected to garner $4,502 million by 2022, registering a CAGR of 8.4% during the period 2016-2022.North America and Europe together accounted for over three-fourths market share in 2015. Ionizing breast imaging technology is expected to maintain its lead throughout the forecast period. The market is expected to be driven by the rise

All 5 Releases


More Releases for Honeycomb

Global Honeycomb Sandwich Composite Materials Market 2018 - Hexcel, Liming Honey …
The Global Honeycomb Sandwich Composite Materials market report begins with a market overview combining the data integration and analysis capabilities with the relevant findings, the report has predicted strong future growth of the market. The research analyst combining secondary research which involves reference to various statistical databases, relevant patent and regulatory databases and a number of internal and external proprietary databases. Hand Care Packaging report has focused on each region
Global Honeycomb Sandwich Composite Materials Market 2018 - Hexcel, Liming Honey …
The Global Honeycomb Sandwich Composite Materials market report begins with a market overview combining the data integration and analysis capabilities with the relevant findings, the report has predicted strong future growth of the market. The research analyst combining secondary research which involves reference to various statistical databases, relevant patent and regulatory databases and a number of internal and external proprietary databases. Hand Care Packaging report has focused on each region
Honeycomb Container Market to Witness Huge Growth by 2023 | Leading Key Players: …
Global Honeycomb Container Market Study 2015-2025, by Segment (Native Paper , Recycling Paper), by Market (Factory , Express Delivery , Others ), by Company (Yamaton , Hexcel , Shuangdie Group) is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing
Honeycomb Sandwich Global Market 2018: Key Players – Hexcel, Liming Honeycomb, …
Honeycomb Sandwich Industry Description Wiseguyreports.Com Adds “Honeycomb Sandwich -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023” To Its Research Database This report studies the global Honeycomb Sandwich market status and forecast, categorizes the global Honeycomb Sandwich market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central &
Honeycomb Sandwich Market 2017 - Hexcel, Liming Honeycomb, Gill Corporation, Alu …
Apex Research, recently published a detailed market research study focused on the "Honeycomb Sandwich Market" across the global, regional and country level. The report provides 360° analysis of "Honeycomb Sandwich Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Honeycomb Sandwich industry, and estimates the future trend of Honeycomb Sandwich market
Honeycomb Paper Market Report 2017
Paper honeycomb is a building and packing material. One of the most commons uses of Paper honeycomb is for standard doors inside houses. Typically a layer of fiberglass and then the enforced Paper made into honeycomb shapes (hexagon tubes) and then another layer of fiberglass. Compared pound for pound, it is stronger than steel and costs substantially less to manufacture. Paper honeycomb is the ideal core material for providing inside