Asia-Pacific Core Materials Market Research Key Players, Industry Overview And Forecasts To 2025 | Gurit, Evonik Industries AG, and Hexcel Corporation

The major factors contributing to the growth of the market includes factors such as growth in demand of PVC foam, growth in aerospace industry and increased usage of honeycomb. On the other hand, high cost of foam and balsa in core material are hampering the market growth. Asia-Pacific core materials market is estimated to grow with the highest CAGR in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Key Points: Asia-Pacific Core Materials Market

Diab International AB is going to dominate the Asia-Pacific core materials market followed by Gurit, Evonik Industries AG, and Hexcel Corporation, Armacell, Airex AG among others.

The foam segment is dominating the Asia-Pacific core materials market.
The foam segment is expected to dominate the Asia-Pacific core materials market with highest market share of 58.5%.

Market Segmentation: Asia-Pacific Core Materials Market

On the basis of component, the Asia-Pacific core materials market is segmented into service and software. In 2018, service segment is expected to dominate the market with highest market share and growing with the highest CAGR in the forecast period 2018 to 2025.

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Asia-Pacific core materials market is segmented on the basis of type into foam, honeycomb and balsa. Foam is sub segmented into PVC foam, PET foam, Polyurethane foam, SAN co-polymer foam, PMMA foam and polystyrene foam. Others are type foam are Polymethacrylimide (PMI) and Polyetherimide (PEI) and honeycomb is sub segmented into nomex honeycomb or aramid, aluminum honeycomb, thermoplastic honeycomb, wood and others balsa is sub segmented into multi-layer and mono layer. In 2018, foam is expected to dominate the core materials market with 58.5% market share growing at the highest CAGR in the forecast period 2018 to 2025. Asia-Pacific core materials market is segmented on the basis of end user into seven notable segments; aerospace, transportation, construction, wind energy, marine, consumer goods and others. In 2018, aerospace segment is expected to dominate the market.

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