7Newswire
27 Oct 2021, 01:21 GMT+10
The global core materials market size is expected to reach USD 3,288.1 Million at a revenue CAGR of 13.2% in 2028, according to latest analysis by Emergen Research. Steady revenue growth of the core materials market can be attributed to rising demand for high strength, lightweight materials in the aerospace industry. Aerospace industry is a major consumer of core materials owing to advantages of designing aircraft structural components deploying sandwich construction for weight reduction. Thermoplastic foam finds extensive use in the aerospace industry for meeting rising demand for lightweight, resilient, and strong structures, including for aircraft and launch vehicles, along with radomes, rotor blades, flight control surfaces, and satellite containment fairings. Also, core materials account for lower overall aircraft weight, thus increasing fuel-efficiency.
The report succinctly analyzes the potential revenue growth of the Core Materials market, its development patterns, and the future market trends. Moreover, the research report specializes in the meticulous analysis of the present market scenario. It forecasts the market value, volume, drivers, restraints, demand and supply ratio, production capacity, import/export status, growth rate, and other critical aspects over the projected period.
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Some Key Highlights From the Report
Key Market Players:
Hexcel Corporation, Evonik Industries AG, Euro-Composites SA, 3A Composites, the Gill Corporation, BASF SE, Plascore Inc., Gurit Holdings, Toray Industries Inc., and Armacell International SA.
Market Segmentation:
Emergen Research has segmented the global core materials market on the basis of product type, distribution channel, application, and region:
Key Geographical Segments:
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The report offers a panoramic view of the Core Materials market on both global and regional levels. The study is further supported by key statistical data and industry-verified facts. The study strives to carefully gauge the present and future market growth prospects, untapped avenues, demand and consumption patterns, and the crucial factors poised to impact each market region's revenue potential. Therefore, the report scrutinizes the numerous growth trends & prospects and the significant challenges and threats that the market players might face in the upcoming years.
Target Audience of the Global Core Materials Market report:
Table of Content:
Chapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2020-2028 Chapter 3. Key Insights Chapter 4. Core Materials Market Segmentation & Impact Analysis 4.1. Core Materials Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers' analysis 4.2.2.1. Growing use of composite materials in wind turbines 4.2.2.2. Growing demand for lightweight aircraft 4.2.2.3. Growth of automotive industry 4.2.2.4. Rapid urbanization in developing countries, resulting in growth of construction sector 4.2.2.5. Increasing use of core materials to manufacture medical devices 4.2.3. Market restraints analysis 4.2.3.1. Cost prohibitive Core Materials 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter's Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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Emergen Research | Web: www.emergenresearch.com
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