Non-Honeycomb Sandwich Panel Core Materials Market Key Player by 2023Posted by sanjayhande on January 15th, 2020 According to a new report published by Allied Market Research titled, "Non-Honeycomb Sandwich Panel Core Materials Market: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global market was valued at 0 million in 2016, and is projected to reach 4 million by 2023, growing at a CAGR of 5.6% from 2017 to 2023. Asia-Pacific is dominating the non-honeycomb sandwich panel core materials market, and is expected to continue leading through 2023. Click Here To Access The Sample Report @ https://www.alliedmarketresearch.com/request-sample/2107 Sandwich structure is a composite configuration that consists of high strength composite facing sheets bonded to lightweight foam, balsa, or honeycomb core. Examples of these structures include skins made of glass/carbon/Kevlar fibers in vinyl ester/epoxy matrix bonded and separated by core materials such as foam and balsa. Sandwich panel serves designers in multiple ways; for example, they are majorly used to achieve high structural rigidity & low weight, and to impart enhanced properties such as vibration & noise damping, improved insulation behavior, and impact resistance. Sandwich panels are lighter than individual components, resulting in increased adoption in automotive, aerospace & defense, marine, wind energy, and construction industries. However, high production cost of sandwich panel materials is projected to restrain the growth of the global market. Technological advancements in the composite molding processes, specifically related to building materials, are anticipated to provide numerous growth opportunities for the market players. Foam accounted for around two-thirds of the revenue in 2016. The high-density foam segment dominated the market, generating for nearly three-fourths of the total revenue in the same year. Aerospace segment is expected to witness the fastest growth, owing to rise in demand for lightweight and durable materials. Key findings and scope
In 2015, Asia-Pacific and Europe collectively accounted for nearly two-thirds of the market, though North America is expected to grow at a faster rate than Europe during the forecast period. High growth rates in Canada, and Mexico, is estimated to drive this development. The major companies profiled in the report include:
Obtain Report Details: https://www.alliedmarketresearch.com/non-honeycomb-sandwich-panel-core-materials-market About Us: We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Like it? Share it!More by this author |