Global Core Materials Market Size, Trend, Industry Analysis 2018-2025

Global Core Materials Market is expected to reach USD 2,750.81 million by 2025 and is projected to register a CAGR of healthy rate in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Segmentation: Global Core Materials Market
Global Core Materials Market, By Type (Foam {PVC Foam, PET Foam, Polyurethane Foam, SAN Co-polymer Foam, PMMA Foam, Polystyrene Foam}, Honeycombs {Nomex \ Aramid, Aluminum, Thermoplastic, Wood}, Balsa {Multilayer, Monolayer}), By End User (Aerospace, Transportation, Construction, Wind Energy, Marine, Consumer Goods), By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)
Drivers: Global Core Materials Market
The major factors contributing to the growth of the market includes factors such as growth in demand of PVC foam, growth in aerospace industry and increased usage of honeycomb.

GROWTH IN DEMAND OF PVC FOAM

In recent years, the popularity of PVC foam across the globe has increased considerably over a period of time. The rapid increase in demand of light weighted closed cell sheet material is a major factor driving the demand of core material. Light weighted property of core material gives various benefits such as high-performance tools, high-strength lightweight panels, patterns, components and infusion technologies. PVC foam has various features such as good fatigue life and bond strength, chemical resistance, non-toxic and suitable for indoor and outdoor use. The PVC foam is widely applicable in various industries such as marine, aerospace, surface transport, construction and building and wind energy. The increasing use of PVC foam has resulted in the increased demand of core materials. It also helps in low resin absorption, durability, ease of adhesion, shock absorbance and high strength and stiffness to weight ratio.

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Major Players: Global Core Materials Market
• Gurit,
• Evonik Industries AG,
• Diab International AB,
• Hexcel Corporation,
• Armacell,
• Airex AG,
• The Gill Corporation,
• EURO-COMPOSITES,
• Plascore, I-Core Composites,
• LLC,
• Carbon-Core Corp.,
• SABIC,
• BASF SE,
• AMORIM CORK COMPOSITES S.A.,
• ALLNEX GROUP (NUPLEX INDUSTRIES LTD),
• CORELITE INC.,MILLIKEN & COMPANY,
• CHANGZHOU TIANSHENG NEW
MATERIALS CO.,LTD among others.
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