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).
Scope of the Report:USA is the dominate producer of honeycomb sandwich, the production is 9252 k sqm in 2019, 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 companiesÕ 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 2019, 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 2019. 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 2019, and is anticipated to grow at a CAGR of 5.44%, in terms of consumption, during the forecast period.
The worldwide market for Honeycomb Sandwich Material is expected to grow at a CAGR of roughly 5.6% over the next five years, will reach 1637.9 million US$ in 2026, from 1248.5 million US$ in 2020, according to a new study.
This report focuses on the Honeycomb Sandwich Material 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 Pacific Panels
Encocam
Hexcel
Gill Corporation
Schweiter Technologies
EconCore
Samia Canada
Liming Honeycomb
Guangzhou Aloya Renoxbell Aluminum
Shinko-North
EverGreen Group
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 Aluminum Core
Aramid Core
Thermoplastic Core
Other
Market Segment by Applications, can be divided into Aerospace & Defense
Transportation
Construction
Others
The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Honeycomb Sandwich Material product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Honeycomb Sandwich Material, with price, sales, revenue and global market share of Honeycomb Sandwich Material in 2018 and 2019.
Chapter 3, the Honeycomb Sandwich Material competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Honeycomb Sandwich Material breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.
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 2015 to 2020.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.
Chapter 12, Honeycomb Sandwich Material market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026.
Chapter 13, 14 and 15, to describe Honeycomb Sandwich Material sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.