The global core materials market for composites is segmented on the basis of type, end-use industry, and region. Based on type, the core materials market for composites has been further segmented into Foam, Balsa, and Honeycomb. Foam is expected to be the fastest-growing type segment of the core materials market for composites. Foam core imparts strength and stiffness while keeping the composite structure lightweight. Rapid growth in the wind energy industry, wind turbine blade manufacturing, and emergence of China and other Asian countries as major wind energy producers are factors fueling the consumption of foam core, thereby driving the core materials market for composites at a significant pace.
The Global Core Materials Market size is expected to reach USD 6.12 Billion, at a revenue compound annual growth rate (CAGR) of 16.9% during the forecast period, 2025-2035.
Major end-use industries in the core materials market for composites are aerospace, wind energy, marine, transportation, construction, and others. The wind energy segment is projected to grow at the highest rate between 2017 and 2022. This can be attributed to the use of composites in designing of blades for large wind turbines. These blades are made by combining core materials and glass reinforced polyester/epoxy. The renewal of Production Tax Credit (PTC) in the U.S. has helped the wind energy market to grow, thereby driving the core materials market for composites. The wind energy segment is estimated to grow due to the rising demand for clean energy across the globe.
This report studies the Core Materials market size (value and volume) by players, regions, product types and end industries, history data 2020-2023 and forecast data 2025-2035; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Core Materials in these regions, from 2020 to 2035, covering
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
We can also provide customized, separate regional or country-level reports for the following regions:
The Study Objectives Of This Report Are:
In this study, the years considered to estimate the market size of Core Materials are as follows:
History Year: 2020-2023
Base Year: 2024
Estimated Year: 2024
Forecast Year 2025 to 2035
This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Core Materials market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2024 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Available Customizations
With the given market data, EternityInsights offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Core Materials market on basis of the key contributing countries. Detailed analysis and profiling of additional market players.
Table of Contents
1 Core Materials Market Overview
1.1 Core Materials Product Overview
1.2 Core Materials Market Segment by Type
1.2.1 Foam
1.2.2 Honeycomb
1.2.3 Balsa
1.3 Global Core Materials Market Size by Type
1.3.1 Global Core Materials Sales and Growth by Type
1.3.2 Global Core Materials Sales and Market Share by Type (2017-2020)
1.3.3 Global Core Materials Revenue and Market Share by Type (2017-2020)
1.3.4 Global Core Materials Price by Type (2017-2020)
2 Global Core Materials Market Competition by Company
2.1 Global Core Materials Sales and Market Share by Company (2017-2020)
2.2 Global Core Materials Revenue and Share by Company (2017-2020)
2.3 Global Core Materials Price by Company (2017-2020)
2.4 Global Top Players Core Materials Manufacturing Base Distribution, Sales Area, Product Types
2.5 Core Materials Market Competitive Situation and Trends
2.5.1 Core Materials Market Concentration Rate
2.5.2 Global Core Materials Market Share of Top 5 and Top 10 Players
2.5.3 Mergers & Acquisitions, Expansion
3 Core Materials Company Profiles and Sales Data
3.1 Diab Group (Ratos)
3.1.1 Company Basic Information, Manufacturing Base and Competitors
3.1.2 Core Materials Product Category, Application and Specification
3.1.3 Diab Group (Ratos) Core Materials Sales, Revenue, Price and Gross Margin(2017-2020)
3.1.4 Main Business Overview
3.2 Evonik Industries AG
3.2.1 Company Basic Information, Manufacturing Base and Competitors
3.2.2 Core Materials Product Category, Application and Specification
3.2.3 Evonik Industries AG Core Materials Sales, Revenue, Price and Gross Margin(2017-2020)
3.2.4 Main Business Overview
3.3 Gurit Holding AG
3.3.1 Company Basic Information, Manufacturing Base and Competitors
3.3.2 Core Materials Product Category, Application and Specification
3.3.3 Gurit Holding AG Core Materials Sales, Revenue, Price and Gross Margin(2017-2020)
3.3.4 Main Business Overview
3.4 3A Composites
3.4.1 Company Basic Information, Manufacturing Base and Competitors
3.4.2 Core Materials Product Category, Application and Specification
3.4.3 3A Composites Core Materials Sales, Revenue, Price and Gross Margin(2017-2020)
3.4.4 Main Business Overview
3.5 Hexcel Corporation
3.5.1 Company Basic Information, Manufacturing Base and Competitors
3.5.2 Core Materials Product Category, Application and Specification
3.5.3 Hexcel Corporation Core Materials Sales, Revenue, Price and Gross Margin(2017-2020)
3.5.4 Main Business Overview
3.6 Armacell International S.A.
3.6.1 Company Basic Information, Manufacturing Base and Competitors
3.6.2 Core Materials Product Category, Application and Specification
3.6.3 Armacell International S.A. Core Materials Sales, Revenue, Price and Gross Margin(2017-2020)
3.6.4 Main Business Overview
3.7 Changzhou Tiansheng New Materials Co. Ltd
3.7.1 Company Basic Information, Manufacturing Base and Competitors
3.7.2 Core Materials Product Category, Application and Specification
3.7.3 Changzhou Tiansheng New Materials Co. Ltd Core Materials Sales, Revenue, Price and Gross Margin(2017-2020)
3.7.4 Main Business Overview
3.8 The Gill Corporation
3.8.1 Company Basic Information, Manufacturing Base and Competitors
3.8.2 Core Materials Product Category, Application and Specification
3.8.3 The Gill Corporation Core Materials Sales, Revenue, Price and Gross Margin(2017-2020)
3.8.4 Main Business Overview
3.9 Euro-Composites S.A.
3.9.1 Company Basic Information, Manufacturing Base and Competitors
3.9.2 Core Materials Product Category, Application and Specification
3.9.3 Euro-Composites S.A. Core Materials Sales, Revenue, Price and Gross Margin(2017-2020)
3.9.4 Main Business Overview
3.10 Plascore Incorporated
3.10.1 Company Basic Information, Manufacturing Base and Competitors
3.10.2 Core Materials Product Category, Application and Specification
3.10.3 Plascore Incorporated Core Materials Sales, Revenue, Price and Gross Margin(2017-2020)
3.10.4 Main Business Overview
4 Core Materials Market Status and Outlook by Regions
4.1 Global Market Status and Outlook by Regions
4.1.1 Global Core Materials Market Size and CAGR by Regions
4.1.2 North America
4.1.3 Asia-Pacific
4.1.4 Europe
4.1.5 South America
4.1.6 Middle East and Africa
4.2 Global Core Materials Sales and Revenue by Regions
4.2.1 Global Core Materials Sales and Market Share by Regions (2017-2020)
4.2.2 Global Core Materials Revenue and Market Share by Regions (2017-2020)
4.2.3 Global Core Materials Sales, Revenue, Price and Gross Margin (2017-2020)
4.3 North America Core Materials Sales, Revenue, Price and Gross Margin
4.3.1 United States
4.3.2 Canada
4.3.3 Mexico
4.4 Europe Core Materials Sales, Revenue, Price and Gross Margin
4.4.1 Germany
4.4.2 UK
4.4.3 France
4.4.4 Italy
4.4.5 Russia
4.4.6 Turkey
4.5 Asia-Pacific Core Materials Sales, Revenue, Price and Gross Margin
4.5.1 China
4.5.2 Japan
4.5.3 Korea
4.5.4 Southeast Asia
4.5.4.1 Indonesia
4.5.4.2 Thailand
4.5.4.3 Malaysia
4.5.4.4 Philippines
4.5.4.5 Vietnam
4.5.5 India
4.5.6 Australia
4.6 South America Core Materials Sales, Revenue, Price and Gross Margin
4.6.1 Brazil
4.7 Middle East and Africa Core Materials Sales, Revenue, Price and Gross Margin
4.7.1 Egypt
4.7.2 GCC Countries
5 Core Materials Application/End Users
5.1 Core Materials Segment by Application
5.1.1 Aerospace
5.1.2 Wind Energy
5.1.3 Marine
5.1.4 Transportation
5.1.5 Construction
5.1.6 Others
5.2 Global Core Materials Product Segment by Application
5.2.1 Global Core Materials Sales by Application
5.2.2 Global Core Materials Sales and Market Share by Application (2017-2020)
6 Global Core Materials Market Forecast
6.1 Global Core Materials Sales, Revenue Forecast (2021-2028)
6.1.1 Global Core Materials Sales and Growth Rate Forecast (2021-2028)
6.1.1 Global Core Materials Revenue and Growth Rate Forecast (2021-2028)
6.2 Global Core Materials Forecast by Regions
6.2.1 North America Core Materials Sales and Revenue Forecast (2021-2028)
6.2.2 Europe Core Materials Sales and Revenue Forecast (2021-2028)
6.2.3 Asia-Pacific Core Materials Sales and Revenue Forecast (2021-2028)
6.2.3.1 China
6.2.3.2 Japan
6.2.3.3 Korea
6.2.3.4 Southeast Asia
6.2.3.5 India
6.2.3.6 Australia
6.2.4 South America Core Materials Sales and Revenue Forecast (2021-2028)
6.2.5 Middle East and Africa Core Materials Sales and Revenue Forecast (2021-2028)
6.2.5.1 Egypt
6.2.5.2 GCC Countries
6.3 Core Materials Forecast by Type
6.3.1 Global Core Materials Sales and Revenue Forecast by Type (2021-2028)
6.3.2 Foam Gowth Forecast
6.3.3 Honeycomb Gowth Forecast
6.4 Core Materials Forecast by Application
6.4.1 Global Core Materials Sales Forecast by Application (2021-2028)
6.4.2 Global Core Materials Forecast in Aerospace
6.4.3 Global Core Materials Forecast in Wind Energy
7 Core Materials Upstream Raw Materials
7.1 Core Materials Key Raw Materials
7.1.1 Key Raw Materials
7.1.2 Key Raw Materials Price
7.1.3 Raw Materials Key Suppliers
7.2 Manufacturing Cost Structure
7.2.1 Raw Materials
7.2.2 Labor Cost
7.2.3 Manufacturing Expenses
7.3 Core Materials Industrial Chain Analysis
8 Marketing Strategy Analysis, Distributors
8.1 Marketing Channel
8.1.1 Direct Marketing
8.1.2 Indirect Marketing
8.1.3 Marketing Channel Development Trend
8.2 Distributors
8.3 Downstream Customers
9 Research Findings and Conclusion
Appendix
Methodology/Research Approach
Research Programs/Design
Market Size Estimation
Market Breakdown and Data Triangulation
Data Source
Secondary Sources
Primary Sources
Disclaimer
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