Press release
Aerospace & Defense Aramid Honeycomb Core Market is Forecasted to Reach US$ 561.2 Million in 2035, Says Stratview Research
The global aerospace & defense aramid honeycomb core market is projected to witness a growth rate of 3.6% annually from 2024 to 2035 with an anticipated size of US$ 561.2 million by 2035, according to an analysis by Stratview Research.Stratview Research, a global market research firm has launched a report on the global aerospace & defense aramid honeycomb core market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
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Report Highlights:
Market Size in 2035: US$ 561.2 million
Growth (CAGR): 3.6% during 2024-2035
Forecast Period: 2024-2035
Trend Period: 2018-2022
Base Year: 2023
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the Aerospace & Defense Aramid Honeycomb Core Market:
The global aerospace & defense aramid honeycomb core market is segmented based on product type, application type, end-use type, aircraft type, and region.
Based on product type - The market is segmented into meta-aramid and para-aramid. Meta-Aramid is expected to remain the dominant material, supported by its widespread use across industries and the availability of various grades that enhance its versatility. Honeycomb structures with meta-aramid cores offer superior impact resistance, contributing to the longevity and reliability of aerospace parts. The growing use of Para-Aramid honeycomb structures in aerospace applications is largely driven by their effectiveness in reducing aircraft weight, which enhances fuel efficiency and increases payload capacity. Additionally, their ability to withstand high temperatures ensures structural integrity and safety in demanding environments.
Based on application type - The market is segmented into cabin interiors and aerostructures. Cabin Interiors are expected to hold the dominant share, driven by the ongoing need for enhanced passenger comfort and continuous improvements in aircraft interior design. This segment is projected to grow steadily and maintain its lead over the forecast period. Aerostructures are also anticipated to grow in parallel, gradually strengthening their market share.
Based on end-use type - The market is segmented into OE and Aftermarket. OE is expected to lead the end-use category, driven by consistently rising demand and supply chain advantages, enabling faster growth compared to the aftermarket. Meanwhile, the aftermarket is projected to grow at a steady pace and maintain a strong presence throughout the forecast period
Based on aircraft type - The market is segmented into commercial, regional, general, defense, helicopter, UAMs, and other aircraft. Commercial aircraft are expected to dominate the market, supported by rising demand and consistent year-on-year supply improvements. The demand for aramid honeycomb is driven by high production rates of Boeing 737, Airbus A320, and wide-body aircraft like the A350 and B787 with the use of aramid honeycomb cores in aircraft interiors (floor panels, bulkheads, partitions, galleys), control surfaces (rudders, ailerons, spoilers), engine nacelles, and fairings.
To know the most attractive segments, click here:
https://stratviewresearch.com/4000/aerospace-and-defense-aramid-honeycomb-core-market.html
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that North America will continue as the largest market for aramid honeycomb core materials, with Europe as the second-largest during the forecast period. This growth outlook is majorly attributed to the following-
• United States leading the charge both regionally and globally. The country serves as the primary growth engine, driven by the presence of several major aerospace OEMs and tier suppliers.
Likewise, Europe is expected to remain the second-largest market during the forecast period. The region is also expected to grow during the same period, due to an increasing healthy growth in the aerospace & defense industry.
Aerospace & Defense Aramid Honeycomb Core Market Drivers:
Some of the key drivers listed in the report are given below.
• Expected Increase in Aircraft Fleets: Growing air travel demand and fleet modernization programs are driving increased procurement of fuel-efficient, next-generation aircraft by both commercial and defense industries.
• Increasing use of High-performance materials in Aircraft: Driven by the need for lightweight and durable components, aerospace manufacturers are increasingly adopting advanced materials to boost performance and fuel efficiency.
Top Companies in the Aerospace & Defense Aramid Honeycomb Core Market:
Stratview Research has identified the following companies as the top market players.
• ACT Materials Co., Ltd.
• AVIC Composite Corporation Ltd.
• Euro-Composites Corporation
• Hexcel Corporation
• Jiaxing Yagang Composite Materials (CMAG)
• Plascore, Inc.
• Schütz GmbH & Co. KGaA
• Shandong Fanglei Composite Materials Co., Ltd.
• Showa Aircraft Industry Co., Ltd.
• The Gill Corporation
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Aerospace & Defense Aramid Honeycomb Core Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Aircraft Cabin Interior Composites Market: https://stratviewresearch.com/332/Aircraft-Cabin-Interior-Composites-Market.html
• Honeycomb Core Materials Market: https://stratviewresearch.com/775/honeycomb-core-materials-market.html
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About Us:
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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