The Global Balsa Core Materials Market Report is equipped with market data from 2014 to 2024. The report gives a market overview covering key drivers and risks factors. The report is bifurcated by top global manufactures mentioning sales, revenue and prices as applicable. It also evaluates the competitive scenario of the leading players. The report expands to cover regional market data along with type and application. The report forecasts sales and revenue from 2019 to 2024. The detailed sales channel is also covered in the study.
Balsa core material is a commonly used end-grain wood core that exhibits high thermal insulation properties and has enhanced acoustic retention. Balsa core material is a type of honeycomb structure and is available in a wide range of thickness, density, and form.
Scope of the Report:
The growth and development of the shipping industry will be one of the major factors that will have a positive impact on the global balsa core materials market during the forecast period. The rising investments in the defense industry is one of the key trends that will contribute to the market growth in the forthcoming years.
One of the major factors hindering the growth of this market is Slower adoption of emerging applications. Despite the increase in the awareness of energy savings globally, many people remain ignorant about the benefits of balsa core materials in terms of their durability and high strength.
The consumption of balsa core materials in Asia-Pacific is expected to increase, owing to stable economic growth, and growth in marine and aerospace industries. Rise in demand for light weighing materials in aerospace industries is anticipated to drive the demand for balsa core materials in this region. In addition, the incorporation of nanotechnology in next-generation composites is anticipated to present new opportunities for market development.
The worldwide market for Balsa Core Materials is expected to grow at a CAGR of roughly 5.2% over the next five years, will reach 270 million US$ in 2024, from 200 million US$ in 2019.
This report focuses on the Balsa Core Materials in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Airex
- Carbon-Core
- CoreLite
- Diab
- Gurit
- I-Core Composites
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Market Segment by Applications, can be divided into
- Wind Energy
- Aerospace
- Marine
- Transportation
- Construction
- Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Balsa Core Materials product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Balsa Core Materials, with price, sales, revenue and global market share of Balsa Core Materials in 2017 and 2018.
Chapter 3, the Balsa Core Materials competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Balsa Core Materials breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Balsa Core Materials market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Balsa Core Materials sales channel, distributors, customers, research findings and conclusion, appendix and data source