Thermoplastic Honeycomb Market: Global Industry Analysis and Opportunity Assessm

Posted by Priya on July 19th, 2018

Thermoplastic Honeycomb Market Overview to 2023

Thermoplastic Honeycomb is environment friendly owing to its 100 % recyclability. The aerospace industry is witnessing constantly growing demand of light weight material for manufacturing. The global market for aerospace composites and core materials is growing at the highest CAGR among all its end use industries, which is expected to propel growth of the Global Thermoplastic Honeycomb Market. Thermoplastic Honeycomb is anticipated to witness growth in demand during the forecast period owing to the sluggish demand of metal honeycomb structure. In addition to this the cost intensive nature of metal honeycomb make Thermoplastic Honeycomb more competitive in numerous applications.

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The global sports industry is set to grow at higher CAGR of ~7% on account of forthcoming Olympic Games in 2020. Moreover, the constant growth of construction segment around the world is projected to help push the growth of the Global Thermoplastic Honeycomb Market. However, the complex interaction between various damage mechanisms such as shock, abrasion, and low velocity impacts that causes deformation in the structure due to non-elastic behavior of some constituent material. This is expected to negatively impact the growth trajectory of Thermoplastic Honeycomb Market. Nevertheless, endearing researches in a bid to find new advanced elastic constituent materials to overcome this concern may help the market to retain momentum.

Key Players:

Key players in the Global Thermoplastic Honeycomb Market are Plascore (Germany), Corex Honeycomb (U.K.), EconCore (Belgium), Universal Metaltek (India), Design Composite GmbH (Austria), Nidaplast (France), Tubus Bauer GmbH (Germany) and others.

Intended Audience:

• Thermoplastic honeycomb Manufacturers
• Traders and distributors of thermoplastic honeycomb
• Research and development institutes
• Potential investors
• Raw material suppliers
• Nationalized laboratory

Segmentation: 

The Global Thermoplastic Honeycomb Market has been segmented into type, end use industry, and region. On the basis of type, the market is divided into Polypropylene Honeycomb, and Polycarbonate Honeycomb, wherein the use of Polypropylene Honeycomb for making core is the leading segment. Based on end use industry the Global Thermoplastic Honeycomb Market is segmented into aerospace, automotive, construction, sports, wind energy and others.