Classified Id: 293554
Classified
Title:
Balsa Core Material Market
Category: For Sale:: For sale
City: Iceland Locality: PUNE
Date Listed/Updated: 2019-04-16
Author/Publisher name:
Description: Balsa Core Material Market was valued US$ 195 Mn in 2017 and is anticipated to reach approximately US$ 290 Mn by 2026 at a CAGR of 5 % during a forecast of 2018-2026.
https://www.maximizemarketresearch.com/market-report/balsa-core-material-market/13237/
Balsa core offers versatile properties like High strength and stiffness to weight ratios, excellent fire performance, highest shear strength, renewable resource, wide operating temperature, good fatigue resistance, impervious to styrene, moisture resistant acoustic absorption, thermal insulation and highly economical which makes it ideal for use in sectors like Wind Energy, Aerospace, Marine, Transportation, Construction. As balsa trees grow rapidly their core materials are increasingly being used in production of boats, in transportation, wind turbines blades, and structural composite panels. Rising demand for lightweight materials from various end-use industries such as construction and marine, aerospace is driving the market growth.
Balsa Core Material Market
Based on product type balsa core material market is segmented into monolayer and multilayer. Multilayer segment is expected to witness high growth rate during the forecast period, owing to higher energy absorption property of multilayer as compared to monolayer materials.
Based on Product balsa core material market is segmented into Wind Energy, Aerospace, Marine, Transportation, Construction, and Others. Wind energy and marine are most rapidly growing because of its cost-effectiveness & environment-friendly nature. Aerospace and construction is about to gain a market.
Based on region balsa core material market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia-Pacific is expected to increase, owing to stable economic growth, and growth in marine and aerospace industries. Rising demand for light weighing materials in aerospace industries is anticipated to drive the demand for balsa core materials in Asia Pacific.
Keyplayer of the balsa core material includes Evonik Industries AG, I-Core Composites, Nord Compensati, DIAB, Schweiter Technologies, BCOMP LTD., Carbon-Core Corp, Gurit Holding AG, Evonik Industries AG, I-Core Composites, LLC, CoreLite Inc., BONDi (Shandong) Environmental Material Company Limited, and Nord Compensati Spa., DIAB, 3A Composites Core Materials, Bcomp Ltd., Carbon-Core Corp., CoreLite.
Balsa Core Materials Market Scope:
Balsa Core Materials Market by Product Type:
• Monolayer
• Multilayer
Balsa Core Materials Market by Application Type:
• Wind Energy
• Aerospace
• Marine
• Transportation
• Construction
• Others
Balsa Core Materials Market by Region Type:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Player Analysed in the Balsa Core Materials Market:
• DIAB
• 3A Composites Core Materials
• Bcomp Ltd.
• Carbon-Core Corp.
• CoreLite
• Gurit
• Evonik
• Industries AG
• I-Core Composites
• Nord Compensati
• BONDI
• Airex AG
• Kerfkore Company
• Core Composites
• Duroplastic Technologies
• CoreLite
• Euroresins
About Company Info –
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