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Honeycomb Sandwich Market

Honeycomb Sandwich Material Market Size and Segments By Material Type (Aluminum, Steel, Composites, Titanium, Inconel, Others), By Application (Aerospace, Automotive, Marine, Locomotive, Construction, Others), By Technology (Expansion, Corrugation, Molding, Extrusion, Others), and by Regions | Global Market Forecast 2022-2028

Report Id: SNS/C&M/1481 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Honeycomb Sandwich Material Market Size was valued at USD 1.45 billion in 2021 and is expected to reach USD 2.74 billion by 2028, and grow at a CAGR of 9.5% over the forecast period 2022-2028. A honeycomb sandwich is a three-layer construction with a low-density core sandwiched between two relatively thin layers to improve mechanical qualities and save weight. Great temperature honeycomb constructions provide high strength, stiffness, corrosion resistance, and minimal raw material requirements during manufacturing.

Honeycomb Sandwich Material Market Revenue Graph

Market Dynamics:

Drivers:

  • Increasing demand in the aerospace industry.

Restraints:

  • Bending property of Aluminium.

  • Low-velocity impact.

Challenge:

  • The impact of the COVID-19 outbreak on essential businesses is limiting market expansion.

Opportunity:

  • Increasing investments in satellite manufacturing.

  • Growing production of aircraft.

Impact of Covid-19:

Various vital sectors have been shut down as a result of the COVID-19 epidemic; as a result, code industries such as aerospace and automotive have produced a major problem in the year 2020. Because of the growing influence of COVID-19, production has been decreased to a very low level, reducing honeycomb sandwich material usage. The decline in aerospace and automotive output in 2020 has had a significant impact, and it has become a major factor limiting industry development.

Key Players:

Benecor, Inc., Pacific Panels, Inc., EconCore, Samia Canada, Inc., Ltd, 3M, Hexcel Corporation, Guangzhou Aloya Renoxbell Aluminum Co., COREX-Honeycomb, 3A Composites Holding AG, Liming Honeycomb Composites Co., Ltd., The Gill Corporation, and other players.

Market Segmentation:

By Material Type

  • Aluminum

  • Steel

  • Composites

  • Titanium

  • Inconel

  • Others

By Application

  • Aerospace

  • Automotive

  • Marine

  • Locomotive

  • Construction

  • Others

By Technology

  • Expansion

  • Corrugation

  • Molding

  • Extrusion

  • Others

Honeycomb Sandwich Material Market 2022

Regional Analysis:

Because of the large market for applications in aerospace and aviation, satellites, and gas turbines, North America dominated the market share. However, due to expansion in the aerospace and defence industry, particularly in rising nations such as China and India, Asia-Pacific is predicted to grow the quickest throughout the projection period.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

 

Honeycomb Sandwich Material Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 1.45 Billion
Market Size by 2028 US$ 2.74 Billion
CAGR CAGR of 9.5% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Material Type (Aluminum, Steel, Composites, Titanium, Inconel, Others)
• By Application (Aerospace, Automotive, Marine, Locomotive, Construction, Others)
• By Technology (Expansion, Corrugation, Molding, Extrusion, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Benecor, Inc., Pacific Panels, Inc., EconCore, Samia Canada, Inc., Ltd, 3M, Hexcel Corporation, Guangzhou Aloya Renoxbell Aluminum Co., COREX-Honeycomb, 3A Composites Holding AG, Liming Honeycomb Composites Co., Ltd., The Gill Corporation, and other players.
DRIVERS • Increasing demand in the aerospace industry.
Restraints • Bending property of Aluminium.
• Low-velocity impact.


Frequently Asked Questions (FAQ) :

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

 

Ans: The impact of the COVID-19 outbreak on essential businesses is limiting market expansion are the challenges faced by the Honeycomb Sandwich Material Market.

 

Ans: Benecor, Inc., Pacific Panels, Inc., EconCore, Samia Canada, Inc., Ltd, 3M, Hexcel Corporation, Guangzhou Aloya Renoxbell Aluminum Co., COREX-Honeycomb, 3A Composites Holding AG, Liming Honeycomb Composites Co., Ltd. And The Gill Corporation are the major key players of  Honeycomb Sandwich Material Market.

Ans: Bending property of Aluminium and Low-velocity impact are the restraints for Honeycomb Sandwich Material Market.

Ans: Global Honeycomb Sandwich Material Market Size was valued at USD 1.45 billion in 2021, and expected to reach USD 2.74 billion by 2028, and grow at a CAGR of 9.5 % over the forecast period 2022-2028.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Global Honeycomb Sandwich Material Market Segment, By Material Type

                8.1 Aluminum

                8.2 Steel

                8.3 Composites

                8.4 Titanium

                8.5 Inconel

                8.6 Others

 

9. Global Honeycomb Sandwich Material Market Segment, By Application

                9.1 Aerospace

                9.2 Automotive

                9.3 Marine

                9.4 Locomotive

                9.5 Construction

                9.6 Others

 

10. Global Honeycomb Sandwich Material Market Segment, By Technology

                10.1 Expansion

                10.2 Corrugation

                10.3 Molding

                10.4 Extrusion

                10.5 Others

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2    Canada

11.2.3    Mexico

11.3 Europe

11.3.1    Germany

11.3.2    UK

11.3.3    France

11.3.4    Italy

11.3.5    Spain

11.3.6    The Netherlands

11.3.7    Rest of Europe

11.4 Asia-Pacific

11.4.1    Japan

11.4.2    South Korea

11.4.3    China

11.4.4    India

11.4.5    Australia

11.4.6    Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1    Israel

11.5.2    UAE

11.5.3    South Africa

11.5.4    Rest

11.6 Latin America

11.6.1    Brazil

11.6.2    Argentina

11.6.3    Rest of Latin America

 

12. Company Profiles

                12.1 Benecor, Inc.

                                12.1.1 Financial

                                12.1.2 Products/ Services Offered

                                12.1.3 SWOT Analysis

                                12.1.4 The SNS view

                12.2 Pacific Panels, Inc.

                12.3 EconCore

                12.4 3M

                12.5 Hexcel Corporation

                12.6 Guangzhou Aloya Renoxbell Aluminum Co

                12.7 COREX-Honeycomb

                12.8 3A Composites Holding AG

                12.9 Liming Honeycomb Composites Co., Ltd.

                12.10 The Gill Corporation

12.11 Samia Canada, Inc.

 

13. Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share analysis

13.3 Recent Developments

 

14. Conclusion

 

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