Honeycomb Core Materials Market 2020 Competitive Analysis - Argosy International, Axxion Group, Corinth Group, Dufaylite Developments, Euro-Composites

The Global Honeycomb Core Materials Market research report aims to provide an unbiased and a comprehensive outlook of the Global market to the readers. Analysts have studied the key trends defining the trajectory of the market. The research report also includes an assessment of the achievements made by the players in the Honeycomb Core Materials Market so far.

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Companies covered:

Argosy International, Axxion Group, Corinth Group, Dufaylite Developments, Euro-Composites, Grigeo, Hexcel Corporation, Honeycomb Cellpack, Honicel, Koninklijke Ten Cate BV, Packaging Corporation of America, Samia Canada, The Gill Corporation, Thermhex Waben GmbH, Thermhex Waben GmbH, Tubus Baer GmbH and other for more company coverage please register for sample inquiry.

Market Overview
The honeycomb core materials market is expected to witness a CAGR of over 9%, during the forecast period. The demand for honeycomb core materials is driven by the increased preference for lightweight materials in the aerospace and defense industries, across the world.
- North America accounted for the largest market size, in terms of consumption, during the forecast period.
- The absorbance of water and moisture by the honeycomb and the structural limitations of honeycomb core materials act as a restraint to the market.
- The usage of 3D printing to manufacture honeycomb panels is likely to act as an opportunity for the market, during the forecast period.

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Healthy Demand from the Aerospace Sector
- Aerospace is expected to be the largest market for honeycomb core materials during the forecast period, owing to the high demand for lightweight materials in the aerospace sector.
- Core materials played a major role in weight reduction in both, structural applications and components in aircraft.
- The aerospace industry is growing, as many countries have increased investments in new technologies. According to Boeing, the demand for new aircrafts is expected to reach more than 40,000, by 2036.
- In 2018, the sales of Boeing rose by 8%, to USD 101 billion, for the first time in its 102-year history, due to increases in commercial and military jet deliveries.
- The global aerospace deal activity volumes are rising, and a greater growth rate is expected in the near future. As the sector is growing, the demand for honeycomb core materials is also expected to grow during the forecast period.

Influence of the Honeycomb Core Materials market report:
o Comprehensive assessment of all opportunities and risk in the Honeycomb Core Materials market.
o Honeycomb Core Materials market recent innovations and major events.
o Detailed study of business strategies for growth of the Honeycomb Core Materials market-leading players.
o Conclusive study about the growth plot of Honeycomb Core Materials market for forthcoming years.
o In-depth understanding of Honeycomb Core Materials market-particular drivers, constraints and major micro markets.
o Favorable impression inside vital technological and market latest trends striking the Honeycomb Core Materials market.

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