Market Overview:
The global aramid paper honeycomb market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lightweight and high-strength materials in various applications such as aircraft and spacecraft, satellites, high-speed trains, ships, automobiles, construction, sports equipment and others. In terms of type, meta-aramid paper honeycomb is expected to dominate the market during the forecast period owing to its superior properties such as light weight and high strength as compared to para-aramid paper honeycomb. In terms of application, aircraft and spacecraft is expected to hold a major share of the global aramid paper honeycomb market during the forecast period owing to increasing demand for lightweight aircrafts across different regions.
Product Definition:
Aramid paper honeycomb is a high-strength, lightweight material made of alternating layers of aramid paper and epoxy resin. It is used in aerospace and military applications where weight savings and strength are critical. Aramid paper honeycomb can be machined to tight tolerances and has excellent thermal insulation properties.
Meta-aramid Paper Honeycomb:
Meta-aramid paper honeycomb, or more commonly known as para-aramid paper honeycomb, is a type of composite material that consists of an aromatic hydrocarbon polymer base sheet and a protective coating. The aromatic hydrocarbon polymer base sheet can be made from natural fibers such as wood pulp or synthetic materials such as polyester. The protective coating can be made from any high performance durable material including glass fiber reinforced plastic (GRP), carbon fiber, ceramic fibers or aramid fibers.
Para-aramid Paper Honeycomb:
Para-aramid paper honeycomb is a special type of paper honeycomb, which contains nanofibers of para-aramid synthetic fiber. The product has excellent mechanical properties and can be used in various applications including packaging, food containers, tissue engineering and others.
The global para-aramid paper honeycomb market size was estimated at USD 11.5 million in 2015.
Application Insights:
The global market is segmented by application into aircraft and spacecraft, satellites, high-speed trains, ships, automobiles and other transport vehicles, sports equipment and construction. Aircraft and spacecraft was the largest application segment in 2017. The demand for aramid paper honeycomb in this sector is primarily driven by its lightweight properties that result in reduced fuel consumption of aircraft while offering strength to withstand G-forces during flight.
Aircraft equipped with such products can fly further with less fuel owing to increased range which eventually reduces carbon emissions significantly contributing toward sustainable development. Moreover, the use of these products results in weight reduction of around 15% as compared to conventional materials like CFRP or GRP making it eco-friendly as well as cost efficient thereby augmenting the growth prospects over the forecast period.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The growth is attributed to the increasing demand for lightweight materials with superior strength and high-efficiency, which are required for manufacturing aircraft parts, spaceships, and other aerospace components. Moreover, a rise in defense spending by countries such as the U.S., China, India among others is expected to fuel product demand over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rapid development of industries such as aerospace & defense and automotive that require high-strength aramid paper honeycomb sheets owing to their excellent properties including lightweight & strength along with resistance against heat & corrosion thus making it suitable for use in various applications including aircraft interior panels and engine covers etc.). In addition rising investments by foreign players especially from Japan coupled with favorable government policies are some factors attributing towards increased regional product consumption rates over this period. For instance; In 2016; Honeywell International Inc.
Growth Factors:
- Increasing demand from aerospace and defense sector
- Growing demand for lightweight and high-performance materials
- Rising popularity of composites in various end-use industries
- Technological advancements in the production of aramid paper honeycomb products
- Growing awareness about the benefits of aramid paper honeycomb among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Aramid Paper Honeycomb Market Research Report
By Type
Meta-aramid Paper Honeycomb, Para-aramid Paper Honeycomb
By Application
Aircraft and Spacecraft, Satellites, High-speed trains, Ships, Automobiles, Construction, Sports Equipment, Other
By Companies
Hexcel, Honicel, DuPont, Argosy International, Kevlar Honeycomb, Honicel, IPC, Honecore, Grigeo AB, Honicel, Axxor, Corint Group
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Aramid Paper Honeycomb Market Report Segments:
The global Aramid Paper Honeycomb market is segmented on the basis of:
Types
Meta-aramid Paper Honeycomb, Para-aramid Paper Honeycomb
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
Aircraft and Spacecraft, Satellites, High-speed trains, Ships, Automobiles, Construction, Sports Equipment, 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
- Honicel
- DuPont
- Argosy International
- Kevlar Honeycomb
- Honicel
- IPC
- Honecore
- Grigeo AB
- Honicel
- Axxor
- Corint Group
Highlights of The Aramid Paper Honeycomb 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:
- Meta-aramid Paper Honeycomb
- Para-aramid Paper Honeycomb
- By Application:
- Aircraft and Spacecraft
- Satellites
- High-speed trains
- Ships
- Automobiles
- Construction
- Sports Equipment
- 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 Paper Honeycomb 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
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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 paper honeycomb is a type of paper honeycomb that is made from a lightweight, strong and heat-resistant material. Aramid paper honeycomb can be used in applications where high strength and light weight are important factors, such as aerospace and automotive parts.
Some of the major companies in the aramid paper honeycomb market are Hexcel, Honicel, DuPont, Argosy International, Kevlar Honeycomb, Honicel, IPC, Honecore, Grigeo AB, Honicel, Axxor, Corint Group.
The aramid paper honeycomb market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aramid Paper Honeycomb 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 Paper Honeycomb Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aramid Paper Honeycomb 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 Paper Honeycomb 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 Paper Honeycomb Market Size & Forecast, 2018-2028
4.5.1 Aramid Paper Honeycomb Market Size and Y-o-Y Growth
4.5.2 Aramid Paper Honeycomb Market Absolute $ Opportunity
Chapter 5 Global Aramid Paper Honeycomb 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 Paper Honeycomb Market Size Forecast by Type
5.2.1 Meta-aramid Paper Honeycomb
5.2.2 Para-aramid Paper Honeycomb
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aramid Paper Honeycomb 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 Paper Honeycomb Market Size Forecast by Applications
6.2.1 Aircraft and Spacecraft
6.2.2 Satellites
6.2.3 High-speed trains
6.2.4 Ships
6.2.5 Automobiles
6.2.6 Construction
6.2.7 Sports Equipment
6.2.8 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aramid Paper Honeycomb 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 Paper Honeycomb 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 Paper Honeycomb Analysis and Forecast
9.1 Introduction
9.2 North America Aramid Paper Honeycomb 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 Paper Honeycomb Market Size Forecast by Type
9.6.1 Meta-aramid Paper Honeycomb
9.6.2 Para-aramid Paper Honeycomb
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 Paper Honeycomb Market Size Forecast by Applications
9.10.1 Aircraft and Spacecraft
9.10.2 Satellites
9.10.3 High-speed trains
9.10.4 Ships
9.10.5 Automobiles
9.10.6 Construction
9.10.7 Sports Equipment
9.10.8 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 Paper Honeycomb Analysis and Forecast
10.1 Introduction
10.2 Europe Aramid Paper Honeycomb 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 Paper Honeycomb Market Size Forecast by Type
10.6.1 Meta-aramid Paper Honeycomb
10.6.2 Para-aramid Paper Honeycomb
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 Paper Honeycomb Market Size Forecast by Applications
10.10.1 Aircraft and Spacecraft
10.10.2 Satellites
10.10.3 High-speed trains
10.10.4 Ships
10.10.5 Automobiles
10.10.6 Construction
10.10.7 Sports Equipment
10.10.8 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 Paper Honeycomb Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aramid Paper Honeycomb 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 Paper Honeycomb Market Size Forecast by Type
11.6.1 Meta-aramid Paper Honeycomb
11.6.2 Para-aramid Paper Honeycomb
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 Paper Honeycomb Market Size Forecast by Applications
11.10.1 Aircraft and Spacecraft
11.10.2 Satellites
11.10.3 High-speed trains
11.10.4 Ships
11.10.5 Automobiles
11.10.6 Construction
11.10.7 Sports Equipment
11.10.8 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 Paper Honeycomb Analysis and Forecast
12.1 Introduction
12.2 Latin America Aramid Paper Honeycomb 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 Paper Honeycomb Market Size Forecast by Type
12.6.1 Meta-aramid Paper Honeycomb
12.6.2 Para-aramid Paper Honeycomb
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 Paper Honeycomb Market Size Forecast by Applications
12.10.1 Aircraft and Spacecraft
12.10.2 Satellites
12.10.3 High-speed trains
12.10.4 Ships
12.10.5 Automobiles
12.10.6 Construction
12.10.7 Sports Equipment
12.10.8 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 Paper Honeycomb Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aramid Paper Honeycomb 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 Paper Honeycomb Market Size Forecast by Type
13.6.1 Meta-aramid Paper Honeycomb
13.6.2 Para-aramid Paper Honeycomb
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 Paper Honeycomb Market Size Forecast by Applications
13.10.1 Aircraft and Spacecraft
13.10.2 Satellites
13.10.3 High-speed trains
13.10.4 Ships
13.10.5 Automobiles
13.10.6 Construction
13.10.7 Sports Equipment
13.10.8 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 Paper Honeycomb Market: Competitive Dashboard
14.2 Global Aramid Paper Honeycomb Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hexcel
14.3.2 Honicel
14.3.3 DuPont
14.3.4 Argosy International
14.3.5 Kevlar Honeycomb
14.3.6 Honicel
14.3.7 IPC
14.3.8 Honecore
14.3.9 Grigeo AB
14.3.10 Honicel
14.3.11 Axxor
14.3.12 Corint Group
