Press release
Balsa Core Materials Market Analysis Shows Sky Rocketing Growth in Revenue by 2025 | Gurit Holding AG, Evonik Industries AG
Balsa Core Materials Market
According to a new report published by Allied Market Research, titled, Balsa Core Materials Market by Type (Monolayer and Multilayer) and Application (Wind Energy, Aerospace, Marine, Transportation, Construction, and Others) - Global Opportunity Analysis and Industry Forecast, 2018-2025.
The major companies profiled in this report are DIAB, Schweiter Technologies, BCOMP LTD., Carbon-Core Corp, Gurit Holding AG, Evonik Industries AG, I-Core Composites, LLC, CoreLite Inc., BONDi (Shandong) Environmental Material Company Limited, and Nord Compensati Spa.
Interested in Procuring this Report? visit: https://www.alliedmarketresearch.com/balsa-core-material-market/purchase-options
Balsa core is the most commonly used end-grain wood core, which possesses high strength and stiffness to weight ratio. It offers advantages such as superior fire resistance, high sheer strength, wide operating temperature, and enhanced thermal & acoustic insulation. Increase in demand for lightweight materials in a wide range of end-use industries such as marine, aerospace, and construction is expected to fuel the market growth during the forecast period. However, minimum density and ability to absorb large amount of resins during lamination hamper the adoption of global balsa core materials, thereby restraining the market growth.
Balsa core materials are available in two types, monolayer and multilayer. The multilayer segment accounted for a significant share in 2017, and is expected to witness high growth rate during the forecast period, owing to higher energy absorption property of multilayer as compared to monolayer materials.
The wind energy segment accounted for a significant share in 2017, and is anticipated to maintain its dominance during the forecast period, due to rise in adoption of lightweight materials in wind energy applications worldwide.
Balsa core is considered as an economical substitute to higher priced foam cores, which is expected to augment the market growth. Moreover, surge in preference for balsa core materials is expected to increase in Asia-Pacific, owing to increase in wind turbine installations.
Enquire Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/2758
Key Findings of the Balsa Core Materials Market:
In terms of value, the multilayer segment accounted for 66% share of the global market in 2016, and is expected to grow at a CAGR of 5.2% from 2018 to 2025.
Asia-Pacific is anticipated to witness the highest growth, registering a CAGR of 5.4%, in terms of value.
China and India are expected to occupy approximately 56% share of the total Asia-Pacific market by 2025.
India is expected to grow at a CAGR of 6.5%, in terms of value.
In 2017, Asia-Pacific accounted for the highest share, and is expected to continue its dominance during the forecast period.
In 2017, Europe and Asia-Pacific collectively accounted for more than 67% of the global balsa core materials industry, in terms of value. The development of the shipping industry is one of the major trends responsible for the growth of the European balsa core material market. Furthermore, increase in trade activities through sea is projected to boost the demand for balsa core materials, thereby driving the growth of the market. Rise in investment in the construction and automotive industries is anticipated to further drive the market growth. Companies such as Schweiter Technologies and BCOMP Ltd. have significantly contributed to the growth of the European balsa core material market. For example, BCOMP Ltd. is involved in the development, manufacturing, and distribution of composite materials produced from natural fibers. In Asia-Pacific, development of the marine and wind power industries drives the growth of the market. Furthermore, upsurge in demand for balsa core materials across various industry verticals such as marine, wind power, construction, automotive, and furnishing boosts the market growth. Major economies, including, India, China, Japan, Korea, and Australia have contributed to the growth of the market.
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/2758
Related Reports:
Flexible Honeycomb Core Market : https://www.alliedmarketresearch.com/flexible-honeycomb-core-market
Honeycomb Core Materials Market : https://www.alliedmarketresearch.com/honeycomb-core-materials-market-A13625
Non Honeycomb Sandwich Panel Core Materials Market : https://www.alliedmarketresearch.com/non-honeycomb-sandwich-panel-core-materials-market
Check Complete Report Details of market: https://www.alliedmarketresearch.com/balsa-core-material-market
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
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
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |
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. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. 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 Balsa Core Materials Market Analysis Shows Sky Rocketing Growth in Revenue by 2025 | Gurit Holding AG, Evonik Industries AG here
News-ID: 3148454 • Views: …
More Releases from Allied Market Research
Horse Betting Market's CAGR Surge: A USD Billion Dollar Growth Story 2022 - 2032
Horse betting, one of the oldest forms of bet, has evolved dramatically over the centuries. From its origins in ancient civilizations to the high-tech, data-driven industry it is today, the horse betting market has adapted to cultural, technological, and economic shifts. This article explores the current landscape of the horse betting market, its challenges, opportunities, and the factors driving its growth.
The horse betting market was valued at $44.3 billion in…
Password Management Market Growing at a 20.7% CAGR Reach USD 15.2 Billion by 203 …
Allied Market Research published a new report, titled, " Password Management Market Growing at a 20.7% CAGR Reach USD 15.2 Billion by 2032 ." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and…
Cloud Artificial Intelligence Market Growing at 35.8% CAGR Reach USD 887 Billion …
Allied Market Research published a new report, titled, "Cloud Artificial Intelligence Market Growing at 35.8% CAGR Reach USD 887 Billion by 2032." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain a thorough understanding of the industry and determine…
Microserver Market Growing at 15.8% CAGR Reach USD 122.4 Billion by 2032
Allied Market Research published a new report, titled, "Microserver Market Growing at 15.8% CAGR Reach USD 122.4 Billion by 2032." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain a thorough understanding of the industry and determine steps to…
More Releases for Core
Overcoming Transmission Capacity Limitations: Multi-core Fiber and Hollow-core F …
As transmission capacity demand grows in communication networks, the capacity of traditional single-mode fiber (SMF) has reached the Shannon limit, around 100 Tbit/s. This limit is mainly determined by signal-to-noise ratio (SNR) and bandwidth. Although advanced coding techniques can help to push the boundaries further, the physical constraints of SMF are ultimately unavoidable. Solid-core optical fibers are increasingly unable to meet the needs for low-latency services, have severe nonlinearity, and…
2023-2029: Cold Core Process Core Shooter Market Trend And Analysis
Global Info Research's report offers key insights into the recent developments in the global Cold Core Process Core Shooter market that would help strategic decisions. It also provides a complete analysis of the market size, share, and potential growth prospects. Additionally, an overview of recent major trends, technological advancements, and innovations within the market are also included.Our report further provides readers with comprehensive insights and actionable analysis on the…
Composite Core Mastery: Unleashing the Potential of Advanced Core Materials in C …
Core Material for Composites Market 2023 Forecast: Unveiling Opportunities and Growth
Core Material for Composites Market research report helps to recognize the market challenges and opportunities. Global Core Material for Composites Market report contains the recent forecast research for the predicted period. The report extensively offers the latest information about the technological developments and market growth prospect on the basis of the regional landscape. This Report offers a complete evaluation of…
Vital Flex Core Review: Is Vital Flex Core Legit Or Fake? Read United States & C …
In the pursuit of a flat belly and a toned figure, individuals are constantly on the lookout for innovative fitness solutions. Thanks to advancements in technology, the fitness and weight reduction industries have witnessed the rise of groundbreaking devices like the Vital Flex Core. This remarkable gadget, currently trending in the United States and Canada, is revolutionizing the way people achieve their fitness goals through its cutting-edge electrical muscle stimulation…
Application Processor Market Future Outlook 2023-2029, Industry Demand, Trends, …
Application Processor Market is segmented by Type, by region, by profile, and by Application. This Report holds market analysis, growth, slopes, forecast, and complete strategies in the future. It also guides with planned and organized choices that include the necessary information to perform PEST, SWOT, and STEER analysis. Moreover, the Application Processor Market report analyses the vital performance and operational metrics so that you can plan robust business strategies. Along…
Balsa Core Core Composites Market: Competitive Dynamics & Global Outlook 2020-20 …
Global Info Research offers a latest published report on Balsa Core Core Composites Analysis and Forecast 2020-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Balsa Core Core Composites Concentrate players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
Click to view the full report…
