Honeycomb Sandwich Material Market Growth 2019-2024


Honeycomb sandwich is widely used in lightweight construction especially in aerospace industries because of their high specific strengths and stiffness. The typical sandwich panel consists of a lightweight core covered by two thin face sheets (skin).

USA is the dominate producer of honeycomb sandwich, the production is 9252 k sqm in 2018, according for about 32.38% of the total amount, followed by China, with the production market share of 29.04%. China also has a relatively higher production growth rate of 5.67% from 2014 to 2018. It is also expected to remain the regions with the largest growth potential in the forecast period. Even though a huge space for growth in the Chinese market exists, the quality and technology should further improve.

At present, in the foreign industrial developed countries the honeycomb sandwich industry is generally at a more advanced level, the world’s large enterprises are mainly concentrated in the USA, Europe, accounted for most of the international market share. Meanwhile, these companies have more advanced equipment, strong R&D capabilities; the technical level is in a leading position. But foreign companies? manufacturing cost is relatively high, compared with Chinese companies, the manufacturing cost is competitive disadvantage, as the Chinese honeycomb sandwich production enterprise technology continues to improve, their share in the international market is increasing, competitiveness in the international market gradually increase. Leading players in honeycomb sandwich industry are Hexcel, Liming Honeycomb, Gill Corporation, EconCore. Hexcel is the largest manufacturer, with the market share of 21.7% in 2018, while the top five companies occupied about 48.63% share of the market.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-honeycomb-swich-material-2019-2024-338

Construction accounted for the largest market with about 51.41% of the global consumption for honeycomb sandwich in 2018. Moreover, it is anticipated to grow at a CAGR of 4.99% during the forecast period. With over 22% share of in the honeycomb sandwich market, aerospace & defense was the second largest end use market in 2018, and is anticipated to grow at a CAGR of 5.44%, in terms of consumption, during the forecast period.

According to this study, over the next five years the Honeycomb Sandwich Material market will register a 6.0% CAGR in terms of revenue, the global market size will reach US$ 1592 million by 2024, from US$ 1187 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Honeycomb Sandwich Material business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Honeycomb Sandwich Material market by product type, application, key manufacturers and key regions and countries.

This study considers the Honeycomb Sandwich Material value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • Aluminum Core
  • Aramid Core
  • Thermoplastic Core
  • Other

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • Aerospace & Defense
  • Transportation
  • Construction
  • Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

  • Pacific Panels
  • Encocam
  • Hexcel
  • Gill Corporation
  • Schweiter Technologies
  • EconCore
  • Samia Canada
  • Liming Honeycomb
  • Guangzhou Aloya Renoxbell Aluminum
  • Shinko-North
  • EverGreen Group

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

  1. To study and analyze the global Honeycomb Sandwich Material consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
  2. To understand the structure of Honeycomb Sandwich Material market by identifying its various subsegments.
  3. Focuses on the key global Honeycomb Sandwich Material manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  4. To analyze the Honeycomb Sandwich Material with respect to individual growth trends, future prospects, and their contribution to the total market.
  5. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  6. To project the consumption of Honeycomb Sandwich Material submarkets, with respect to key regions (along with their respective key countries).
  7. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  8. To strategically profile the key players and comprehensively analyze their growth strategies.

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Table of content

2019-2024 Global Honeycomb Sandwich Material Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Honeycomb Sandwich Material Consumption 2014-2024
2.1.2 Honeycomb Sandwich Material Consumption CAGR by Region
2.2 Honeycomb Sandwich Material Segment by Type
2.2.1 Aluminum Core
2.2.2 Aramid Core
2.2.3 Thermoplastic Core
2.2.4 Other
2.3 Honeycomb Sandwich Material Consumption by Type
2.3.1 Global Honeycomb Sandwich Material Consumption Market Share by Type (2014-2019)
2.3.2 Global Honeycomb Sandwich Material Revenue and Market Share by Type (2014-2019)
2.3.3 Global Honeycomb Sandwich Material Sale Price by Type (2014-2019)
2.4 Honeycomb Sandwich Material Segment by Application
2.4.1 Aerospace & Defense
2.4.2 Transportation
2.4.3 Construction
2.4.4 Others
2.5 Honeycomb Sandwich Material Consumption by Application
2.5.1 Global Honeycomb Sandwich Material Consumption Market Share by Application (2014-2019)
2.5.2 Global Honeycomb Sandwich Material Value and Market Share by Application (2014-2019)
2.5.3 Global Honeycomb Sandwich Material Sale Price by Application

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