New Research: Lucintel Predicts a Bright Future for the Global Honeycomb Core Material Market

Did you know that Lucintel recently published a market research report entitled “Growth Opportunities in the Global Honeycomb Core Material Market”?
This market report for honeycomb core material identifies and predicts future opportunities for growth in global honeycomb core material industry for various segments as well as for various regions such as North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for honeycomb core material in aerospace, defense, and marine, and other industrial applications.
North America is expected to remain the largest market by value and volume due to the presence of users who consume a large volume of honeycomb, especially from aerospace industry. Rest of the World is expected to witness the highest growth over the forecast period because of the growing demand form the end-user industries in the region.
According to Lucintel’s market report, the global honeycomb core material market is expected to reach an estimated $640.5 million by 2022 and is forecast to grow at a CAGR of 5.3% from 2017 to 2022. The major growth drivers for this market are the excellent mechanical performance of honeycomb core, increasing demand for lightweight materials, and robust growth of the end-user industries. Some of the dominant players in the global honeycomb core material market are Hexcel, The Gill Corporation, Eurocomposites, and Plascore.
There are some interesting developments in global honeycomb core material market as competition heats up and players try to increase their market share. Some of the emerging trends, which have a direct impact on the dynamics of the honeycomb core material industry, include the addition of lightweight rubber membranes in honeycomb cores to reduce noise in aircraft and cost-efficient production of honeycomb core with homogenous skin bonding.
Read more about this report at:

http://www.lucintel.com/honeycomb-core-material-market-17.aspx

Feel free to download research content by clicking:

http://www.lucintel.com/rb/honeycomb-core-material-market-17.aspx

You can also get sample pages by clicking:

http://www.lucintel.com/ds/honeycomb-core-material-market-17.aspx

Lucintel has over one thousand customers worldwide. We provide strategic growth consulting, competitive assessment, and M&A support worldwide. Please share your brief project needs by clicking below and we will be glad to support you:

http://www.lucintel.com/consulting_capability.aspx

This entry was posted in Chemical & Composites Reports, Chemical Reports, Composites & Advanced Materials Reports and tagged , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>