Market Overview:
The global aramid fiber honeycomb cores market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for lightweight and high-performance materials in aviation, racing car, and other applications. On the basis of type, the global aramid fiber honeycomb cores market has been segmented into aviation grade and commercial grade. The aviation grade segment is expected to account for a major share of the global aramid fiber honeycomb cores market during the forecast period. This can be attributed to its superior properties such as high strength-to-weight ratio and thermal insulation that make it suitable for use in aircrafts and other aerospace applications. On the basis of application, the global aramid fiber honeycomb cores market has been segmented into aviation, racing car, and other applications.
Product Definition:
Aramid fiber honeycomb cores are a type of composite material made from sheets of aramid fibers bonded together with an adhesive. They are used in a variety of applications, including as fuel tanks, aircraft parts, and boat hulls. Aramid fiber honeycomb cores have many advantages over other types of composite materials, including high strength-to-weight ratio, excellent thermal insulation properties, and resistance to corrosion.
Aviation Grade:
Aviation grade is a special type of glass that has been used in the windows of airplanes for decades. The material is specially treated to withstand high temperatures and pressures, thus making it stronger and lighter than regular glass. It also helps in reducing the weight of an airplane by up to 20%, thus increasing its range and fuel efficiency.
Commercial Grade:
Commercial grade is a high-performance fiber that has been processed to remove the outer coating and is used in various end-use industries. It can be used as an alternative to asbestos, steel, and cotton.
Application Insights:
Racing car application segment led the global market in 2017. Aramid honeycomb cores are widely used in the racing cars owing to their excellent crash energy absorption property. The product is also lightweight as compared to other materials, which further enhances its performance in racing applications. Increasing demand for lightweight material has been a major factor driving the product demand in this application segment over recent years.
The use of these products not only reduces overall vehicle weight but also improves handling and braking properties of vehicles at high speeds on account of superior impact energy absorption ability exhibited by these products when compared with traditional heavy metal or wood based components used as cross-car parts till date.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The U.S.-based companies are at the forefront when it comes to innovation and development of aarons technology, which is expected to bode well for regional growth over the forecast period.
Asia Pacific is projected to be one of the fastest-growing markets from 2018 to 2030 owing to increasing demand from various application industries across countries such as China, India and Japan among others will drive growth over this period.
The Middle East & Africa market has potential growth opportunities due its rapidly developing economy along with high aviation activities especially in Saudi Arabia.
Growth Factors:
- Increasing demand for lightweight and high-performance materials in aerospace and defense applications
- Growing use of aramid fiber honeycomb cores in wind energy sector
- Rising demand from automotive industry for fuel-efficient and lightweight vehicles
- Increasing penetration of aramid fiber honeycomb cores in construction and transportation sectors
- Technological advancements that are resulting in development of new applications for aramid fiber honeycomb cores
Scope Of The Report
Report Attributes
Report Details
Report Title
Aramid Fiber Honeycomb Cores Market Research Report
By Type
Aviation Grade, Commercial Grade
By Application
Aviation, Racing Car, Other
By Companies
Hexcel Corporation, Euro-Composites, The Gill Corporation, Tasuns Composites, Plascore, Inc., Honylite
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Aramid Fiber Honeycomb Cores Market Report Segments:
The global Aramid Fiber Honeycomb Cores market is segmented on the basis of:
Types
Aviation Grade, Commercial Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aviation, Racing Car, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hexcel Corporation
- Euro-Composites
- The Gill Corporation
- Tasuns Composites
- Plascore, Inc.
- Honylite
Highlights of The Aramid Fiber Honeycomb Cores Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Aviation Grade
- Commercial Grade
- By Application:
- Aviation
- Racing Car
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aramid Fiber Honeycomb Cores Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aramid fiber honeycomb cores are made from a type of fiberglass that is woven into very thin sheets. These sheets are then cut into small squares or circles and heated until they form a solid mass. This solid mass is then cut into smaller pieces and used to create the honeycomb core for an airplane wing, for example.
Some of the key players operating in the aramid fiber honeycomb cores market are Hexcel Corporation, Euro-Composites, The Gill Corporation, Tasuns Composites, Plascore, Inc., Honylite.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aramid Fiber Honeycomb Cores Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aramid Fiber Honeycomb Cores Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aramid Fiber Honeycomb Cores Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aramid Fiber Honeycomb Cores Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aramid Fiber Honeycomb Cores Market Size & Forecast, 2018-2028
4.5.1 Aramid Fiber Honeycomb Cores Market Size and Y-o-Y Growth
4.5.2 Aramid Fiber Honeycomb Cores Market Absolute $ Opportunity
Chapter 5 Global Aramid Fiber Honeycomb Cores Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aramid Fiber Honeycomb Cores Market Size Forecast by Type
5.2.1 Aviation Grade
5.2.2 Commercial Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aramid Fiber Honeycomb Cores Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aramid Fiber Honeycomb Cores Market Size Forecast by Applications
6.2.1 Aviation
6.2.2 Racing Car
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aramid Fiber Honeycomb Cores Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aramid Fiber Honeycomb Cores Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aramid Fiber Honeycomb Cores Analysis and Forecast
9.1 Introduction
9.2 North America Aramid Fiber Honeycomb Cores Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aramid Fiber Honeycomb Cores Market Size Forecast by Type
9.6.1 Aviation Grade
9.6.2 Commercial Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aramid Fiber Honeycomb Cores Market Size Forecast by Applications
9.10.1 Aviation
9.10.2 Racing Car
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aramid Fiber Honeycomb Cores Analysis and Forecast
10.1 Introduction
10.2 Europe Aramid Fiber Honeycomb Cores Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aramid Fiber Honeycomb Cores Market Size Forecast by Type
10.6.1 Aviation Grade
10.6.2 Commercial Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aramid Fiber Honeycomb Cores Market Size Forecast by Applications
10.10.1 Aviation
10.10.2 Racing Car
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aramid Fiber Honeycomb Cores Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aramid Fiber Honeycomb Cores Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aramid Fiber Honeycomb Cores Market Size Forecast by Type
11.6.1 Aviation Grade
11.6.2 Commercial Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aramid Fiber Honeycomb Cores Market Size Forecast by Applications
11.10.1 Aviation
11.10.2 Racing Car
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aramid Fiber Honeycomb Cores Analysis and Forecast
12.1 Introduction
12.2 Latin America Aramid Fiber Honeycomb Cores Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aramid Fiber Honeycomb Cores Market Size Forecast by Type
12.6.1 Aviation Grade
12.6.2 Commercial Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aramid Fiber Honeycomb Cores Market Size Forecast by Applications
12.10.1 Aviation
12.10.2 Racing Car
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aramid Fiber Honeycomb Cores Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aramid Fiber Honeycomb Cores Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aramid Fiber Honeycomb Cores Market Size Forecast by Type
13.6.1 Aviation Grade
13.6.2 Commercial Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aramid Fiber Honeycomb Cores Market Size Forecast by Applications
13.10.1 Aviation
13.10.2 Racing Car
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aramid Fiber Honeycomb Cores Market: Competitive Dashboard
14.2 Global Aramid Fiber Honeycomb Cores Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hexcel Corporation
14.3.2 Euro-Composites
14.3.3 The Gill Corporation
14.3.4 Tasuns Composites
14.3.5 Plascore, Inc.
14.3.6 Honylite
