Press release
Core Materials Market Is Booming Worldwide | Global Key Players like 3A Composites, DiabGroup, Gurit, Hexcel Corporation, The Gill Corporation, Plascore Inc, Evonik Industries AG, Changzhou Tiansheng New Materials Co ltd and Others.
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The Global Core Materials Market size is projected to grow from USD 1.2 Billion in 2020 to USD 2.3 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 13.5% between 2020 and 2025.
Top Companies Profiled in the Core Materials Market:
o 3A Composites (Switzerland)
o DiabGroup (Sweden)
o Gurit (Switzerland)
o Hexcel Corporation (US)
o Armacell International S.A. (Luxembourg)
o Euro-Composites S.A. (Luxembourg)
o Changzhou Tiansheng New Materials Co. Ltd. (China)
o Evonik Industries AG (Germany)
o The Gill Corporation(US)
o Plascore Inc. (US)
"Foam is the fastest-growing type of core material in the global core materials market,in terms of value."
Foam core type is projected to register the highest CAGR, in terms of value, between 2020 and 2025.Foams are easy to process and shape and provide an excellent strength-to-weight ratio. Therefore, they are used in various end-use industries, such as wind energy, aerospace& defense, and marine. Foam cores are used to enhance the overall structure of composite products. Structural foam cores are produced from various thermoset and thermoplastic polymers, including PVC, PET, PU, PEI, SAN, and PMI.
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"Wind energy is the largest end-use industry of core materials market, in terms of value."
The wind energy end-use industry accounted for the largest market share in 2019.Core materials are used in wind turbine blades as a sandwich panel in the composite structure. These blades are made by combining core materials and glass-reinforced polyester/epoxy. Foam and balsa are the two widely used core materials in this industry. Balsa core material, being a natural product, is used in a wide range of wind blades because of its superior mechanical properties, such as high compressive and tensile strength.
List of Tables:
Table 1 Properties Of Pet Foam In Various End-Use Industries
Table 2 Trends And Forecast Of Gdp, By Country, 2017-2024 (Usd Billion)
Table 3 Wind Energy Installation, By Country, 2018-2019 (Mw)
Table 4 Market Of New Airplanes, By Region, 2019-2038
Table 5 Automotive Production, By Country, 2014-2018 (Million Unit)
Table 6 North America: Contribution Of The Construction Industry To Gdp, By Country, 2017-2024 (Usd Billion)
Table 7 Europe: Contribution Of The Construction Industry To Gdp, By Country, 2017-2024 (Usd Billion)
Table 8 Apac: Contribution Of The Construction Industry To Gdp, By Country, 2017-2024 (Usd Billion)
Table 9 Mea: Contribution Of The Construction Industry To Gdp, By Country, 2017-2024 (Usd Billion)
Table 10 Latin America: Contribution Of The Construction Industry To Gdp, By Country, 2017-2024 (Usd Billion)
Table 11 Core Materials Market Size, By Type, 2018-2025 (Usd Million)
Table 12 Core Materials Market Size, By Type, 2018-2025 (Kiloton)
Table 13 Foam Core Materials Market Size, By Region, 2018-2025 (Usd Million)
Table 14 Foam Core Materials Market Size, By Region, 2018-2025 (Kiloton)
Table 15 Foam Core Materials Market Size, By Foam Type, 2018-2025 (Usd Million)
Table 16 Foam Core Materials Market Size, By Foam Type, 2018-2025 (Kiloton)
Table 17 Pet Foam Core Materials Market Size, By Region, 2018-2025 (Usd Million)
Table 18 Pet Foam Core Materials Market Size, By Region, 2018-2025 (Kiloton)
Table 19 Pvc Foam Core Materials Market Size, By Region, 2018-2025 (Usd Million)
Table 20 Pvc Foam Core Materials Market Size, By Region, 2018-2025 (Kiloton)
...and More
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