Structural core materials (foam and balsa) market | Latest Trends & Forecast | 2019-24

1. Presents a Research Report on Structural Core Materials (Foam and Balsa) Market Structural Core Materials (Foam and Balsa) Market by End-Use Industry (Wind Energy, Marine, Ground Transportation, Aerospace & Defense and Others), by Core Material Type (PVC, PET, SAN, PMI, Balsa and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Forecast, Competitive Analysis, and Growth Opportunity: 2019-2024 sales@stratviewresearch.com +1-313-307-4176 www.stratviewresearch.com Market Reports Advisory & Consulting Sourcing Intelligence

2. Structural Core Materials (Foam and Balsa) Market Growth and Forecast Highlights & Drivers • Structural Core Materials (Foam and Balsa) Market is projected to grow at a healthy rate over the next five years to reach US$ 749 million in 2024. • Composites have been witnessing impressive growth in most of the end-use industries, such as aerospace, transportation, and marine. • Even, the penetration of composites has been the highest among all the materials in some of the major applications, such as wind turbine blades and boat hulls. • The impact of this trend is visible in the demand for core materials as these materials proved to be a game changer in developing composite applications that are lighter in weight with good strength. • Broadly, the composite industry stakeholders bifurcate the structural core materials into the three distinct materials: honeycomb, foam, and balsa. • All these materials compete with each other in some of the applications; however, they do not compete in most of the applications. • Honeycomb is not part of our study as the material dynamics as well as competitive landscapes are entirely different than foam and balsa core providers.

3. Market Insights • By Core material type • PVC (Polyvinyl Chloride), PET (Polyethylene Terephthalate), SAN (Styrene Acrylonitrile), PMI (Polymethacrylimide), Balsa, and Others. PVC foam core is likely to maintain its dominance in the market over the next five years, owing to its numerous benefits, such as cost-effectiveness with excellent durability, long-life expectancy, good electrical and insulation properties. • Moreover, the material is self-extinguishing and will not rot and also, it is resistant to many solvents, including styrene and most fuels. • By End-use industry Type • The structural core materials market is segmented into Wind Energy, Marine, Ground Transportation, Aerospace & Defense, and Others. • Wind energy is projected to remain the largest market for structural core materials in the coming five years. • Past five years for new wind turbine installations were vigorous as the total wind turbine installations reached at 51.3 GW in 2018 from 36.0 GW in 2013 • By Region • Asia-Pacific is expected to remain the largest structural core materials market during the forecast period, driven by China.

4. Competitive Insights • Development of Structural Core Materials (Foam and Balsa) Market , regional expansion, and execution of mergers & acquisitions are the key strategies adopted by the major players to gain a competitive edge in the market. • Key Companies Analysed • 3A Composites (Schweiter Technologies AG) • DIAB International AB (RatosAB) • GuritHolding AG • ArmacellInternational S.A. • EvonikIndustries AG • MaricellS.r.l. • Changzhou Tiansheng New Materials Co., Ltd. • SABIC • BASF SE • CoreLite Composites • Baoding Meiwo Science & Technology Development Co., Ltd.

5. Data Analysis (Top Down and Bottom Up Approach) Research Methodology Data Triangulation (Data Evaluation and Multiple Data Triangulation) Final Deliverables (Final Report with All Findings) Stratview Research follows a rigorous methodology with high emphasis on primary research and multiple ways of data triangulation. We conduct primary research across the value chain to provide 360 degree view of the market. • Secondary Research • Stratview Research Internal Knowledgebase Primary Research • Annual Reports / Fact Book • Company Websites • Magazines / Publications • Press Releases & Journals • Industry News • Association Articles • Government Documents • Social Media • Others • Robust database across value chain • In-house industry veterans as advisors • Project based subject matter experts • Industry Players • Industry Experts • Suppliers • Customers • Associations • Government Institutions • Others

6. Report Features • This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report: • Market structure: Overview, industry life cycle analysis, supply chain analysis. • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis. • Market trend and forecast analysis. • Market segment trend and forecast. • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc. • Attractive market segments and associated growth opportunities. • Emerging trends. • Strategic growth opportunities for the existing and new players. • Key success factors.

7. Market Segmentation • Structural Core Materials Market, By Core Material Type • PVC • PET • SAN • PMI • Balsa • Others • Structural Core Materials Market, By End-Use Industry • Wind Energy • Marine • Ground Transportation • Aerospace & Defense • Others • Structural Core Materials Market, By Region • North America • Europe • Asia-Pacific • Rest of the World

8. About Stratview Research Stratview Research is a global market intelligence firm providing high quality syndicated reports, custom research and consulting services. Our Services Why Us? High Customer Delight Rich Industry Experience Robust Methodology Effective Business Decisions

9. Contact Us for More Information and Sample Pages Ask for Sample Pages here: https://www.stratviewresearch.com/Request-Sample/486/structural-core-materials-market.html Email us at: sales@stratviewrsearch.com Call Us: +1-313-307-4176