New Trending Report on Balsa Wood Market with high CAGR in Coming Years by 2025 with Focusing Key players like -3A Composites, Gurit, The Gill

Global Balsa Wood Market: Overview

Balsa (Ochroma Pyramidale) is one of the fastest growing wood species, reaching about 20 m in height and up to 75 cm in diameter in just 5-8 years. Most of the Balsa Wood used commercially is harvested from plantations, particularly from Ecuador and Papua New Guinea. Because of its fast growth, the wood density is very low, making Balsa the lightest commercial timber available in the market.

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Global Balsa Wood Market: Segmentation

On the basis of Product Type, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into Grain A, Grain B, Grain C. Based on End Users/Applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including Aerospace & Defense, Marine, Road & Rail, Industrial Construction.

Global Balsa Wood Market: Regional Analysis

Asia Pacific was a prominent market for Balsa Woods in 2016. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income. Increased spending on home interiors is fuelling the Balsa Wood market in Asia Pacific.

There are several manufacturers of Balsa Woods in Europe and North America. In North America, the demand for Balsa Woods is primarily driven by the residential sector. Improved standards of living and rising usage of Balsa Woods for flooring purpose are anticipated to drive the market in North America.

Global Balsa Wood Market: Competitive Players

Some of the major players that operate in the Global Balsa Wood Market are 3A Composites (part of Schweiter Technologies) (Switzerland), Gurit (Spain), DIAB International AB (Sweden), The Gill Corporation (US), CoreLite Inc (US), Guangzhou Sinokiko Balsa Co.,ltd (China).

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Global Balsa Wood Market: Regional Segment Analysis

North America (U.S. and Canada)

Latin America (Mexico, Brazil, Peru, Chile, and others)

Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)

Eastern Europe (Poland and Russia)

Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)

Middle East and Africa (GCC, Southern Africa, and North Africa)

What Report Provides

Full in-depth analysis of the parent market

Important changes in market dynamics

Segmentation details of the market

Former, on-going, and projected market analysis in terms of volume and value

Assessment of niche industry developments

Market share analysis

Key strategies of major players

Emerging segments and regional markets

Testimonials to companies in order to fortify their foothold in the market.

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Latest Industry Updates:

During the 14 years under his leadership, Gurit has developed a strong strategic position in wind energy and industrial lightweighting. Both sales and profitability of the Group have increased significantly. The search process for the future CEO of Gurit Holding AG has already been initiated. The nomination will be announced in due course.

The Board of Directors has also laid the groundwork for a succession planning geared towards continuity: Rudolf Hadorn will be proposed for election to the Board of Directors at the 2021 Annual General Meeting. He would replace Urs Kaufmann, who will not be available for re-election after 15 years on the Board of Directors. It is also planned that Rudolf Hadorn will be proposed for election as Chairman of the Board of Directors at the 2022 General Meeting and will then succeed Peter Leupp.

The subsidiaries of Gurit Holding AG, Wattwil/Switzerland, (SIX Swiss Exchange: GUR) specialize in the development and manufacture of advanced composite materials, composite tooling equipment and core kitting services. The product range comprises structural core materials, fibre reinforced prepregs, wind blade moulds, formulated products including coatings, resins and adhesives as well as structural composite engineering. Gurit supplies global growth markets such as the wind turbine industry, aerospace, marine, rail and many more. Gurit operates production sites and offices in Canada, China, Denmark, Ecuador, Germany, Indonesia, India, Italy, Mexico, New Zealand, Poland, Spain, Switzerland, Turkey, United Kingdom and the United States.

Table of Contents:

Global Balsa Wood Market Report 2020

1 Balsa Wood Definition

2 Global Balsa Wood Market Major Player Share and Market Overview

3 Major Player Balsa Wood Business Introduction

4 Global Balsa Wood Market Segmentation (Region Level)

5 Global Balsa Wood Market Segmentation (Product Type Level)

6 Global Balsa Wood Market Segmentation (Industry Level)

7 Global Balsa Wood Market Segmentation (Channel Level)

8 Balsa Wood Market Forecast 2020-2024

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