Market Overview:
The global plastic honeycomb market is expected to grow at a CAGR of 5.5% 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 aerospace, automotive, construction, yachts and boats, wind energy, and others. In terms of type, the polypropylene honeycomb segment is expected to lead the global plastic honeycomb market during the forecast period. This can be attributed to its properties such as light weight and high strength which make it suitable for various applications.
Product Definition:
A honeycomb-shaped plastic sheet that is used to reinforce or stiffen other materials, such as fiberglass. Plastic honeycomb is often used in boat hulls and aircraft wings because it is lightweight and strong.
Polypropylene Honeycomb:
Polypropylene honeycomb is a kind of thermoplastic elastomer, which contains propylene and Honey as monomers. It has properties such as high mechanical strength, excellent chemical resistance, low density and good thermal stability. Polypropylene (PP) honeycomb can be used in various industries including building & construction, automotive industry and electrical & electronics industry due to its characteristics such as lightweight with high strength.
Polycarbonate Honeycomb:
Polycarbonate honeycomb is a type of plastic honeycomb, which consists of polycarbonate resin and a variety of additives that are used to improve the mechanical properties and thermal performance. It offers various advantages such as high strength, lightweight, rigidity, dimensional stability over other conventional plastics.
Application Insights:
The automotive segment accounted for the largest revenue share of over 30% in 2017. The plastic honeycomb is used in various automotive applications such as instrument panels, engine bays, and trunk compartments. It is lightweight, strong, and offers thermal insulation to the vehicle¢â‚¬â„¢s occupants. These factors are likely to increase product demand from the automotive industry over the forecast period.
Aerospace was another key application sector that accounted for a significant market share in 2017 owing to increasing use of plastics within aircraft interiors such as overhead consoles and seat trims along with lightweight materials that reduce overall aircraft weight thereby improving fuel efficiency across all air travel modes including commercial airlines.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from countries such as China, India, Japan, and South Korea. These countries are among the top 10 plastic honeycomb manufacturing hubs globally.
The automotive industry is one of the key sectors driving regional growth owing to rapid urbanization and growing population in developing economies including China and India. In addition, rising disposable income coupled with a high preference for passenger cars is projected to further fuel product demand over the next eight years.
North America accounted for a significant share of global revenue in 2017 owing to increased spending on construction projects across Mexico City’s new airport project as well as renovations at New York’s LaGuardia Airport which are anticipated to drive product demand over the forecast period.
Growth Factors:
- Increasing demand for lightweight and strong materials in automotive and aerospace industries
- Growing popularity of honeycomb composites in wind energy sector
- Rising demand for plastic honeycomb panels from construction industry
- Increasing use of plastic honeycomb cores in marine applications
- Growing demand for high-performance plastics
Scope Of The Report
Report Attributes
Report Details
Report Title
Plastic Honeycomb Market Research Report
By Type
Polypropylene Honeycomb, Polycarbonate Honeycomb
By Application
Aerospace, Automotive, Construction, Yachts and Boats, Wind Energy, Others
By Companies
Carbon-Core Corp, Kerr Panel, Plascore, EconCore, Tubus Waben, ThermHex Waben, Design Composite, Normanton, Chemrex, Nidaplast, Tricel Composites, Diamond Microwave Chambers, Qingdao Zhixincheng, Hangzhou Holycore, Universal Metaltek, Roplast
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
181
Number of Tables & Figures
127
Customization Available
Yes, the report can be customized as per your need.
Global Plastic Honeycomb Market Report Segments:
The global Plastic Honeycomb market is segmented on the basis of:
Types
Polypropylene Honeycomb, Polycarbonate 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
Aerospace, Automotive, Construction, Yachts and Boats, Wind Energy, Others
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:
- Carbon-Core Corp
- Kerr Panel
- Plascore
- EconCore
- Tubus Waben
- ThermHex Waben
- Design Composite
- Normanton
- Chemrex
- Nidaplast
- Tricel Composites
- Diamond Microwave Chambers
- Qingdao Zhixincheng
- Hangzhou Holycore
- Universal Metaltek
- Roplast
Highlights of The Plastic 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:
- Polypropylene Honeycomb
- Polycarbonate Honeycomb
- By Application:
- Aerospace
- Automotive
- Construction
- Yachts and Boats
- Wind Energy
- Others
- 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 Plastic 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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- Product & Brand Management
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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?
Plastic honeycomb is a type of plastic that is made up of small, hexagonal cells. These cells are connected by thin sheets of plastic, which gives the material its characteristic honeycomb-like appearance. Plastic honeycomb is often used in products that need to be lightweight and durable, such as phone cases and sunglasses.
Some of the major companies in the plastic honeycomb market are Carbon-Core Corp, Kerr Panel, Plascore, EconCore, Tubus Waben, ThermHex Waben, Design Composite, Normanton, Chemrex, Nidaplast, Tricel Composites, Diamond Microwave Chambers, Qingdao Zhixincheng, Hangzhou Holycore, Universal Metaltek, Roplast.
The plastic 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 Plastic 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 Plastic Honeycomb Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Plastic 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 Plastic 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 Plastic Honeycomb Market Size & Forecast, 2018-2028 4.5.1 Plastic Honeycomb Market Size and Y-o-Y Growth 4.5.2 Plastic Honeycomb Market Absolute $ Opportunity
Chapter 5 Global Plastic 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 Plastic Honeycomb Market Size Forecast by Type
5.2.1 Polypropylene Honeycomb
5.2.2 Polycarbonate Honeycomb
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Plastic 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 Plastic Honeycomb Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Automotive
6.2.3 Construction
6.2.4 Yachts and Boats
6.2.5 Wind Energy
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Plastic 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 Plastic 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 Plastic Honeycomb Analysis and Forecast
9.1 Introduction
9.2 North America Plastic 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 Plastic Honeycomb Market Size Forecast by Type
9.6.1 Polypropylene Honeycomb
9.6.2 Polycarbonate 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 Plastic Honeycomb Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Automotive
9.10.3 Construction
9.10.4 Yachts and Boats
9.10.5 Wind Energy
9.10.6 Others
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 Plastic Honeycomb Analysis and Forecast
10.1 Introduction
10.2 Europe Plastic 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 Plastic Honeycomb Market Size Forecast by Type
10.6.1 Polypropylene Honeycomb
10.6.2 Polycarbonate 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 Plastic Honeycomb Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Automotive
10.10.3 Construction
10.10.4 Yachts and Boats
10.10.5 Wind Energy
10.10.6 Others
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 Plastic Honeycomb Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Plastic 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 Plastic Honeycomb Market Size Forecast by Type
11.6.1 Polypropylene Honeycomb
11.6.2 Polycarbonate 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 Plastic Honeycomb Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Automotive
11.10.3 Construction
11.10.4 Yachts and Boats
11.10.5 Wind Energy
11.10.6 Others
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 Plastic Honeycomb Analysis and Forecast
12.1 Introduction
12.2 Latin America Plastic 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 Plastic Honeycomb Market Size Forecast by Type
12.6.1 Polypropylene Honeycomb
12.6.2 Polycarbonate 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 Plastic Honeycomb Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Automotive
12.10.3 Construction
12.10.4 Yachts and Boats
12.10.5 Wind Energy
12.10.6 Others
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) Plastic Honeycomb Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Plastic 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) Plastic Honeycomb Market Size Forecast by Type
13.6.1 Polypropylene Honeycomb
13.6.2 Polycarbonate 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) Plastic Honeycomb Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Automotive
13.10.3 Construction
13.10.4 Yachts and Boats
13.10.5 Wind Energy
13.10.6 Others
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 Plastic Honeycomb Market: Competitive Dashboard
14.2 Global Plastic Honeycomb Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Carbon-Core Corp
14.3.2 Kerr Panel
14.3.3 Plascore
14.3.4 EconCore
14.3.5 Tubus Waben
14.3.6 ThermHex Waben
14.3.7 Design Composite
14.3.8 Normanton
14.3.9 Chemrex
14.3.10 Nidaplast
14.3.11 Tricel Composites
14.3.12 Diamond Microwave Chambers
14.3.13 Qingdao Zhixincheng
14.3.14 Hangzhou Holycore
14.3.15 Universal Metaltek
14.3.16 Roplast