Press release
United States Core Materials Industry Sector | Market Share & Future Outlook 2025: Leading Companies are Changzhou Tiansheng New Materials Co. Ltd, The Gill Corporation, Euro-Composites S.A., Plascore Incorporated.
Core Materials Industry
United States: Recent Industry Developments
✅ October 2025: Owens Corning introduced new lightweight core materials designed for enhanced strength in aerospace and construction applications.
✅ September 2025: Hexcel Corporation expanded production capacity of honeycomb core materials for automotive and wind energy sectors.
✅ August 2025: Advancements in sustainable foam core materials gained traction amid rising demand for eco-friendly composites.
Japan: Recent Industry Developments
✅ October 2025: Mitsubishi Chemical launched high-performance core materials optimized for lightweight automotive components.
✅ September 2025: Toray Industries developed next-gen sandwich core materials integrating carbon fiber reinforcements.
✅ August 2025: Collaboration between manufacturers and research institutions focused on biodegradable core materials for packaging.
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Latest M&A
A significant merger is anticipated to create a global leader in driveline and metal forming solutions, with expected annual revenues of around USD 12 billion, targeting automotive segments including internal combustion, hybrid, and electric powertrains-set to close Q2 2025.
Various acquisitions and consolidations are shaping the competitive landscape, focusing on expanding portfolios and technological capabilities in aerospace, automotive, and construction sectors.
Key Player:
Diab Group, Evonik Industries AG, Gurit Holding AG, 3A Composites, Hexcel Corporation, Armacell International S.A., Changzhou Tiansheng New Materials Co. Ltd, The Gill Corporation, Euro-Composites S.A., Plascore Incorporated.
Product Innovations
Companies are launching multifunctional and smart core materials integrated with sensing and adaptive features, such as honeycomb cores with embedded micro-sensors for structural health monitoring, responding to rising safety regulations.
BASF is scaling production of core products integral to its Verbund chemical complex, aimed at strengthening offerings in high-growth material segments.
Woodbridge Foam Corporation introduced 30% recycled polymer foam cores achieving substantial market penetration in 2025.
Forecast Projection:
The global Core Materials market is set to witness strong growth from 2025 to 2032. After maintaining steady momentum in 2024, the market is expected to accelerate as key industry players implement strategic initiatives to boost adoption. Companies that adapt to these emerging trends will be well-positioned to capture new opportunities and enhance their revenue potential throughout the forecast period.
Market Intelligence Research Process:
The Core Materials Market Report by DataM Intelligence offers a comprehensive analysis built on a mix of primary and secondary research. It explores key factors driving the industry, including government policies, market trends, competitive landscape, technological advancements, and upcoming innovations. This in-depth study uncovers both growth opportunities and potential challenges, helping businesses navigate market fluctuations and make data-driven decisions for sustainable success.
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Key Segmentations:
By Type: (Honeycomb, Balsa, Foam)
By End-Use: (Aerospace, Wind Energy, Marine, Transportation, Construction)
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