Press release
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
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
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New Study On 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. upcoming market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
The Latin America market has witnessed a slowdown owing to the political turmoil existing in major markets of Argentina, Brazil, Colombia, and Venezuela. On the other hand, the market in Africa is expected to experience strong growth rate over the forecast period owing to the forecasted economic growth in the region
The key participants of the core materials market adopt varied organic and inorganic strategies in order to sustain in the market. Some of the examples of market players in the core materials market include Evonik Industries AG, Diab Group (Ratos), Gurit Holding AG, Hexcel Corporation, Armacell International S.A., 3A Composites, Changzhou Tiansheng New Materials Co. Ltd, Euro-Composites S.A., The Gill Corporation, and Plascore Incorporated.
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Top Market Competitors
• 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.
• 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
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 Market Research
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Email: sopan.gedam@databridgemarketresearch.com
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