Market Overview:
The global structural core materials 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-performance materials in various end-use industries. PVC, PET, SAN, PMI, and balsa are the major types of structural core materials used in various applications. Wind energy is the fastest-growing application segment for structural core materials owing to the increasing demand for renewable energy sources across the globe. North America dominates the global structural core materials market due to early adoption of advanced technologies and stringent government regulations pertaining to environmental protection.
 Industry Outlook.svg)
Product Definition:
Structural Core Materials are materials that are used to provide structure and rigidity to a composite part. Foam and Balsa wood are two common types of Structural Core Materials.
PVC (Polyvinyl Chloride):
Polyvinyl Chloride (PVC) is a thermoplastic polymer, which can be extruded or injection molded. It has the ability to mold into any shape and has high strength as compared to other plastics. PVC is resistant to solvents, acids and bases; it also does not have an adverse effect on the environment unlike other petrochemical based products.
PET (Polyethylene Terephthalate):
PET is a polymer, which is widely used in the packaging and automotive industries. It offers several beneficial properties such as high strength, stiffness, lightweight and chemical & thermal resistance. PET can be recycled; thus it's economical to manufacture.
Application Insights:
The wind energy segment dominated the global structural core materials (foam and balsa) market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for clean energy, which is a vital requirement for sustainable development. In addition, favorable government policies and tax incentives are expected to drive the segment further.
Global Structural Core Materials (Foam.
The ground transportation application is projected to witness significant growth over the forecast period owing to rising demand from emerging economies such as China India Japan Brazil etcetera. Moreover, these products have excellent properties such as high impact resistance & temperature stability that make them suitable for use in automotive applications across various regions globally including North America Europe Asia Pacific Latin America Middle East & Africa ¢â‚¬Å“BRICS¢â‚¬ countries).
Regional Analysis:
Asia Pacific dominated the global market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising investments in wind energy, aerospace & defense, and marine applications. Moreover, increasing demand for passenger cars and favorable government regulations are also expected to drive product demand over the next eight years.
The European market is anticipated to witness significant growth during the forecast period owing to high consumer awareness regarding structural core materials coupled with growing automotive industry. Stringent norms related to green building design codes are also likely boost product consumption across this region over the coming years. North America emerged as a major consumer due its presence of key manufacturers such as BASF SE; Chevron Phillips Chemical Co.; Eastman Chemical Co.; Hoechst AG; Itron Inc.; Nippon Paint Manufacturing Co., Ltd; PPG Industries Inc.
Growth Factors:
- Increasing demand from the construction and automotive industries
- Growing popularity of lightweight and eco-friendly materials
- Rising investment in research and development activities
- Technological advancements in foam and balsa manufacturing processes
- Growing awareness about the benefits of structural core materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Structural Core Materials (Foam and Balsa) Market Research Report
By Type
PVC (Polyvinyl Chloride), PET (Polyethylene Terephthalate), SAN (Styrene Acrylonitrile), PMI (Polymethacrylimide), Balsa, Others
By Application
Wind Energy, Marine, Ground Transportation, Aerospace & Defense, Others
By Companies
SABIC, BASF SE, Maricell S.r.l., Evonik Industries AG, CoreLite Composites, DIAB International AB (Ratos AB), Changzhou Tiansheng New Materials, 3A Composites (Schweiter Technologies AG), Gurit Holding AG, Baoding Meiwo Science & Technology Development, SABIC
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
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Structural Core Materials (Foam and Balsa) Market Report Segments:
The global Structural Core Materials (Foam and Balsa) market is segmented on the basis of:
Types
PVC (Polyvinyl Chloride), PET (Polyethylene Terephthalate), SAN (Styrene Acrylonitrile), PMI (Polymethacrylimide), Balsa, Others
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
Wind Energy, Marine, Ground Transportation, Aerospace & Defense, 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:
- SABIC
- BASF SE
- Maricell S.r.l.
- Evonik Industries AG
- CoreLite Composites
- DIAB International AB (Ratos AB)
- Changzhou Tiansheng New Materials
- 3A Composites (Schweiter Technologies AG)
- Gurit Holding AG
- Baoding Meiwo Science & Technology Development
- SABIC
 Market Overview.svg)
Highlights of The Structural Core Materials (Foam and Balsa) 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:
- PVC (Polyvinyl Chloride)
- PET (Polyethylene Terephthalate)
- SAN (Styrene Acrylonitrile)
- PMI (Polymethacrylimide)
- Balsa
- Others
- By Application:
- Wind Energy
- Marine
- Ground Transportation
- Aerospace & Defense
- 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 Structural Core Materials (Foam and Balsa) 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
 Market Statistics.svg)
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?
Structural core materials are typically foam and balsa. Foam is a lightweight, durable material that can be easily shaped and compressed. Balsa is a lightweight wood product that is often used in model airplanes and other small aircraft because of its low weight and high strength-to-weight ratio.
Some of the key players operating in the structural core materials (foam and balsa) market are SABIC, BASF SE, Maricell S.r.l., Evonik Industries AG, CoreLite Composites, DIAB International AB (Ratos AB), Changzhou Tiansheng New Materials, 3A Composites (Schweiter Technologies AG), Gurit Holding AG, Baoding Meiwo Science & Technology Development, SABIC.
The structural core materials (foam and balsa) 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 Structural Core Materials (Foam and Balsa) 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 Structural Core Materials (Foam and Balsa) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Structural Core Materials (Foam and Balsa) 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 Structural Core Materials (Foam and Balsa) 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 Structural Core Materials (Foam and Balsa) Market Size & Forecast, 2018-2028
4.5.1 Structural Core Materials (Foam and Balsa) Market Size and Y-o-Y Growth
4.5.2 Structural Core Materials (Foam and Balsa) Market Absolute $ Opportunity
Chapter 5 Global Structural Core Materials (Foam and Balsa) 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 Structural Core Materials (Foam and Balsa) Market Size Forecast by Type
5.2.1 PVC (Polyvinyl Chloride)
5.2.2 PET (Polyethylene Terephthalate)
5.2.3 SAN (Styrene Acrylonitrile)
5.2.4 PMI (Polymethacrylimide)
5.2.5 Balsa
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Structural Core Materials (Foam and Balsa) 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 Structural Core Materials (Foam and Balsa) Market Size Forecast by Applications
6.2.1 Wind Energy
6.2.2 Marine
6.2.3 Ground Transportation
6.2.4 Aerospace & Defense
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Structural Core Materials (Foam and Balsa) 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 Structural Core Materials (Foam and Balsa) 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 Structural Core Materials (Foam and Balsa) Analysis and Forecast
9.1 Introduction
9.2 North America Structural Core Materials (Foam and Balsa) 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 Structural Core Materials (Foam and Balsa) Market Size Forecast by Type
9.6.1 PVC (Polyvinyl Chloride)
9.6.2 PET (Polyethylene Terephthalate)
9.6.3 SAN (Styrene Acrylonitrile)
9.6.4 PMI (Polymethacrylimide)
9.6.5 Balsa
9.6.6 Others
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 Structural Core Materials (Foam and Balsa) Market Size Forecast by Applications
9.10.1 Wind Energy
9.10.2 Marine
9.10.3 Ground Transportation
9.10.4 Aerospace & Defense
9.10.5 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 Structural Core Materials (Foam and Balsa) Analysis and Forecast
10.1 Introduction
10.2 Europe Structural Core Materials (Foam and Balsa) 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 Structural Core Materials (Foam and Balsa) Market Size Forecast by Type
10.6.1 PVC (Polyvinyl Chloride)
10.6.2 PET (Polyethylene Terephthalate)
10.6.3 SAN (Styrene Acrylonitrile)
10.6.4 PMI (Polymethacrylimide)
10.6.5 Balsa
10.6.6 Others
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 Structural Core Materials (Foam and Balsa) Market Size Forecast by Applications
10.10.1 Wind Energy
10.10.2 Marine
10.10.3 Ground Transportation
10.10.4 Aerospace & Defense
10.10.5 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 Structural Core Materials (Foam and Balsa) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Structural Core Materials (Foam and Balsa) 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 Structural Core Materials (Foam and Balsa) Market Size Forecast by Type
11.6.1 PVC (Polyvinyl Chloride)
11.6.2 PET (Polyethylene Terephthalate)
11.6.3 SAN (Styrene Acrylonitrile)
11.6.4 PMI (Polymethacrylimide)
11.6.5 Balsa
11.6.6 Others
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 Structural Core Materials (Foam and Balsa) Market Size Forecast by Applications
11.10.1 Wind Energy
11.10.2 Marine
11.10.3 Ground Transportation
11.10.4 Aerospace & Defense
11.10.5 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 Structural Core Materials (Foam and Balsa) Analysis and Forecast
12.1 Introduction
12.2 Latin America Structural Core Materials (Foam and Balsa) 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 Structural Core Materials (Foam and Balsa) Market Size Forecast by Type
12.6.1 PVC (Polyvinyl Chloride)
12.6.2 PET (Polyethylene Terephthalate)
12.6.3 SAN (Styrene Acrylonitrile)
12.6.4 PMI (Polymethacrylimide)
12.6.5 Balsa
12.6.6 Others
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 Structural Core Materials (Foam and Balsa) Market Size Forecast by Applications
12.10.1 Wind Energy
12.10.2 Marine
12.10.3 Ground Transportation
12.10.4 Aerospace & Defense
12.10.5 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) Structural Core Materials (Foam and Balsa) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Structural Core Materials (Foam and Balsa) 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) Structural Core Materials (Foam and Balsa) Market Size Forecast by Type
13.6.1 PVC (Polyvinyl Chloride)
13.6.2 PET (Polyethylene Terephthalate)
13.6.3 SAN (Styrene Acrylonitrile)
13.6.4 PMI (Polymethacrylimide)
13.6.5 Balsa
13.6.6 Others
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) Structural Core Materials (Foam and Balsa) Market Size Forecast by Applications
13.10.1 Wind Energy
13.10.2 Marine
13.10.3 Ground Transportation
13.10.4 Aerospace & Defense
13.10.5 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 Structural Core Materials (Foam and Balsa) Market: Competitive Dashboard
14.2 Global Structural Core Materials (Foam and Balsa) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SABIC
14.3.2 BASF SE
14.3.3 Maricell S.r.l.
14.3.4 Evonik Industries AG
14.3.5 CoreLite Composites
14.3.6 DIAB International AB (Ratos AB)
14.3.7 Changzhou Tiansheng New Materials
14.3.8 3A Composites (Schweiter Technologies AG)
14.3.9 Gurit Holding AG
14.3.10 Baoding Meiwo Science & Technology Development
14.3.11 SABIC
