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New Research on Global Core Materials Market by focusing on Top Companies like Hexcel Corporation, EURO-COMPOSITES, The Gill Corporation, Changzhou Tiansheng New Materials Co. Ltd.

Global Core Materials Market- Industry Trends and Forecast to 2024

Global Core Materials Market- Industry Trends and Forecast to 2024

Global Core Materials Market By Type {Foam [PVC Foam, PET Foam, SAN Foam, Others (Polystyrene (PS), Polyetherimide (PEI), Polyurethane (PU), Polymethacrylimide (PMI))], Honeycomb (Aluminum, Thermoplastic, Aramid), Balsa)}, End Users (Aerospace, Marine, Wind Energy, Transportation, Construction, Others), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)} – Industry Trends and Forecast to 2024

Global Core Materials Market accounted for USD 1.19 billion in 2016 and is projected to grow at a CAGR of 8.78% during the forecast period of 2017 to 2024.e upcoming market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Global Core Materials Market Definition:

Core materials are created in different assortments such as balsa, honeycomb, froth and aluminum, which are the materials most commonly utilized as center in composite sandwich structures. Core materials increase the thickness and firmness of composite structures for high performance products along with the with minimal weight penalty.
Competitive Analysis: Global Core Materials Market

The global thermoplastic elastomers market is highly fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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Market Segmentation: Global Core Materials Market

On the basis of type, global core materials market is segmented into foam, honeycomb and balsa. Foam is further segmented into PVC foam, PET foam, SAN foam and others where, the other type of foam is sub-segmented into Polystyrene (PS), Polyetherimide (PEI), Polyurethane (PU), Polymethacrylimide (PMI). Honeycomb is sub-segmented into aluminum, thermoplastic and aramid. Foam segment is expected to lead the core materials market for composites over the forecast period.

On the basis end users global core materials market is segmented into aerospace, marine, wind energy, transportation, marine, construction and others. The wind energy segment is expected to grow in the forecasting period due to the utilization of composites in designing of blades for large wind turbines.

On the basis of geography, global core materials market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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Major Market Competitors: Global Core Materials Market

Some of the major players operating in Global Core Materials Market are Diab International AB, Airex AG, Hexcel Corporation, EURO-COMPOSITES, The Gill Corporation, Plascore, Gurit, Changzhou Tiansheng New Materials Co. Ltd., Evonik Industries AG, Armacell International S.A. and among others.

Major Market Drivers and Restraint:

• Growing demand for composites from aerospace and marine industries
• Rising demand from the wind energy industry
Market Restraint:
• High manufacturing cost

Read more about the Global Core Materials Market@ http://databridgemarketresearch.com/reports/global-core-materials-market/#utm_source=whatech&utm_campaign=pawan

Related Report:

Process oils Market – Industry Trends and Forecast to 2024

Global Process Oils Market By Type (Naphthenic, Non-Carcinogenic, Aromatic, Paraffinic); By Containing Materials (Peptizers, Fatty Acid Derivatives, Petroleum Oils, Polymers, Waxes) By Application (Tire & Rubber, Polymer, Textile, Polymer, Others), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

Report Access@ http://databridgemarketresearch.com/reports/process-oils-market/#utm_source=whatech&utm_campaign=pawan

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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Data Bridge is an organization lead by well versed forecasters, analysts and researchers who indulge in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. Data Bridge aims to make your organization well acquainted with profound knowledge of the global and local market statistics.

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