Honeycomb Sandwich Material Market to Witness Robust Expansion by 2024– Top Key players like Encocam,Hexcel,Samia Canada,Inc.

Market Research Report Store offers a latest published report on Honeycomb Sandwich Material Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
 
This report focuses on the key global Honeycomb Sandwich Material players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
 
To analyze the Honeycomb Sandwich Material with respect to individual growth trends, future prospects, and their contribution to the total market.
 
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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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.
 
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.                         
 
Market Segment by Manufacturers, this report covers
Pacific Panels
Encocam
Hexcel
Gill Corporation
Schweiter Technologies
EconCore
Samia Canada
Liming Honeycomb
Guangzhou Aloya Renoxbell Aluminum
Shinko-North
EverGreen Group  
 
Market Segment by Type, covers
Aluminum Core
Aramid Core
Thermoplastic Core
Other
 
Market Segment by Applications, can be divided into
Aerospace & Defense
Transportation
Construction
Others
 
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Related Information:

North America Honeycomb Sandwich Material Market Growth 2019-2024
United States Honeycomb Sandwich Material Market Growth 2019-2024
Asia-Pacific Honeycomb Sandwich Material Market Growth 2019-2024
Europe Honeycomb Sandwich Material Market Growth 2019-2024
EMEA Honeycomb Sandwich Material Market Growth 2019-2024
Global Honeycomb Sandwich Material Market Growth 2019-2024
China Honeycomb Sandwich Material Market Growth 2019-2024
 

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