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Nomex Honeycomb Market worth 383.3 Million USD by 2021

The Nomex honeycomb market is estimated to grow from USD 237.1 Million in 2015 to USD 383.3 Million by 2021, at a compound annual growth rate (CAGR) of 8.51% between 2016 and 2021

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Nomex Honeycomb Market worth 383.3 Million USD by 2021

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  1. MarketsandMarkets™ Presents Nomex Honeycomb Market worth 383.3 Million USD by 2021

  2. The report "Nomex Honeycomb Market by Application (Aerospace & Defense, Transportation, Sporting Goods and Others), Aerospace & Defense, Sub Application (Interior and Exterior), and by Region - Global Forecasts to 2021", The global Nomex honeycomb market is projected to grow from USD 237.1 Million in 2015 to USD 383.3 Million by 2021 at a compound annual growth rate (CAGR) of 8.51% between 2016 and 2021.

  3. Browse 70 market data Tables • 31 Figures spread through 107 Pages and in-depth TOC on "Nomex Honeycomb Market by Application (Aerospace & Defense, Transportation, Sporting Goods and Others), Aerospace & Defense, Sub Application (Interior and Exterior), and by Region - Global Forecasts to 2021"http://www.marketsandmarkets.com/Market-Reports/nomex-honeycomb-market-197303057.html • Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=197303057 • Early buyers will receive 10% customization on reports.

  4. The Nomex honeycomb market is mainly dominated by the aerospace & defense application. They are widely used in transportation and aerospace applications along with composites as they provide additional strength. The increase in the demand for corrosion and heat resistant products encourages the use of reliable components made from Nomex honeycomb in aerospace & defense and transportation applications. Nomex honeycomb also have good electrical insulating properties. Rising use of composites in aerospace & defense industry to drive the Nomex honeycomb market The use of composite materials and related core materials, including Nomex honeycomb, in the aerospace & defense industry has gained momentum in the past few decades. The latest Airbus now boasts a 53% usage of composite material among its long lists of new features. This shows the increase in the use of composites, which was hardly 2-5% in the past few years. One of the main reasons for the rising use of composites in aircraft is the advantages offered by honeycombs such as reduction in weight and corrosion resistance. These properties of Nomex honeycomb results in low emissions and maintenance costs in comparison to traditional materials used for manufacturing aircraft. This increasing use drives the Nomex honeycomb market.

  5. North America is the largest market for Nomex honeycomb • North American is the biggest and the fastest-growing market for Nomex. The growing aerospace industry, industrial development, and transportation industry in the region, which are the major applications of Nomex honeycomb, is the major factor driving the Nomex honeycomb market in North America. • The major players in the Nomex honeycomb market include: • Hexcel Corporation (U.S) • Royal Ten Cate N.V (Netherlands) • Euro-Composites (Luxembourg) • Plascore Inc. (U.S) • The Gill Corporation (U.S) • MarketsandMarkets broadly segments the Nomex honeycomb market on the basis of region and application. The study covers more than 10 countries of the four main regions namely, North America, Europe, Asia-Pacific, and the RoW. • Speak to Analyst: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=197303057 .

  6. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

  7. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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