Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Honeycomb Core Materials Market by Type (Aramid Fiber, Aluminum, Stainless Steel, Thermoplastic, Others), By Application (Aerospace, Defense, Marine, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Honeycomb Core Materials Market by Type (Aramid Fiber, Aluminum, Stainless Steel, Thermoplastic, Others), By Application (Aerospace, Defense, Marine, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 130792 3300 Chemical & Material 377 249 Pages 4.6 (30)

Market Overview:

The global honeycomb core materials 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-performance materials in various applications, such as aerospace, defense, marine, and others. In addition, the growing awareness about environmental protection has led to an increase in the use of honeycomb core materials made from sustainable resources such as aramid fiber and thermoplastic. However, volatility in raw material prices may restrain the growth of this market during the forecast period.

Global Honeycomb Core Materials Industry Outlook

Product Definition:

A honeycomb core material is a lightweight, high-strength material used in the manufacturing of aircrafts and other vehicles. Honeycomb core materials are made from thin sheets of aluminum or plastic that are molded into hexagonal shapes and then glued together. The honeycomb shape makes the material very strong and lightweight, which is why it is often used in aircrafts and other vehicles.

Aramid Fiber:

Aramid fiber is a type of synthetic fiber that is produced from carbon compounds and glass. It has superior properties such as high tensile strength, excellent heat & flame resistance, chemical inertness and lightweight. These fibers are used in various end-use industries including defense, aerospace & automotive among others.


Aluminum is a silvery-white metal that is found in the periodic table. It has the highest melting point of any metal and also has a high rate of thermal transfer. Aluminum alloys are widely used in aircraft, automobiles, and packaging due to their lightweight properties.

Application Insights:

The aerospace application segment led the global honeycomb core materials market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing use of lightweight materials in aircraft manufacturing, which eventually leads to increased fuel efficiency and reduced carbon emissions.

Aerospace manufacturers are focusing on reducing aircraft weight as it has been proven that lighter aircraft produce more lift force, ascend higher and travel further with less fuel consumption than their heavier counterparts. This trend is expected to continue over the next few years thereby driving product demand in aerospace applications during this period of time.

Defense application segment accounted for 25% share of the overall revenue in 2017 owing to high strength Honeycomb material used for military purposes such as protective headgears, ballistic shields, bullet-resistant vests among others.

Regional Analysis:

North America dominated the global honeycomb core materials market in 2017. The growth of the regional market can be attributed to increasing demand for lightweight and strong materials with high strength-to-weight ratio. In addition, growing aerospace industry is expected to drive product demand over the forecast period.

Asia Pacific is anticipated to witness significant growth over the next eight years owing to rapid industrialization and expansion of end-use industries such as automotive, defense, marine, and others in countries such as China, India, Japan, South Korea & Taiwan. Moreover; rising population coupled with increasing consumer disposable income levels will further propel product consumption in emerging economies of Asia Pacific region during the forecast period  (2018 - 2030). Europe accounted for a significant share owing to increased military spending by various governments across European countries including Russia & France along with Germany are projecteded boost product demand over next eight years  (2018 - 2030).

Growth Factors:

  • Increasing demand from end-use industries: The global honeycomb core materials market is projected to grow at a CAGR of over 5% during the forecast period, owing to the increasing demand from end-use industries such as aerospace, automotive and construction.
  • Rising investments in R&D: Key players in the honeycomb core materials market are investing heavily in R&D to develop new and innovative products that can cater to the needs of various end-use industries. This is expected to boost the growth of the market during the forecast period.
  • Growing popularity of lightweight vehicles: The global trend towards lightweight vehicles is expected to fuel demand for honeycomb core materials in automotive applications during the forecast period. Honeycomb cores are being increasingly used in vehicle manufacturing as they offer weight savings as compared with traditional metal or plastic parts used for similar applications.
  • Technological advancements: Ongoing technological advancements are resulting in better performance and higher efficiency of honeycomb core materials, which is driving their adoption across various end-use industries worldwide. For instance, recent advances have led to development of carbon fiber reinforced polymer (CFRP) honeycombs that offer superior mechanical properties as compared with traditional aluminum or steel based honeycombs cores.. this would further propel growth prospects for this market over next few years .

Scope Of The Report

Report Attributes

Report Details

Report Title

Honeycomb Core Materials Market Research Report

By Type

Aramid Fiber, Aluminum, Stainless Steel, Thermoplastic, Others

By Application

Aerospace, Defense, Marine, Others

By Companies

Tricel Honeycomb, MachineTek, Coast-Line International, SDG Hollow Metal, Panel Built, Prime Laminating, Pacific Marine Systems, Koshii Maxelum America, Plascore, Hexcel

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Honeycomb Core Materials Market Report Segments:

The global Honeycomb Core Materials market is segmented on the basis of:


Aramid Fiber, Aluminum, Stainless Steel, Thermoplastic, 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.


Aerospace, Defense, Marine, 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:

  1. Tricel Honeycomb
  2. MachineTek
  3. Coast-Line International
  4. SDG Hollow Metal
  5. Panel Built
  6. Prime Laminating
  7. Pacific Marine Systems
  8. Koshii Maxelum America
  9. Plascore
  10. Hexcel

Global Honeycomb Core Materials Market Overview

Highlights of The Honeycomb Core Materials Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Aramid Fiber
    2. Aluminum
    3. Stainless Steel
    4. Thermoplastic
    5. Others
  1. By Application:

    1. Aerospace
    2. Defense
    3. Marine
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Honeycomb Core Materials 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

Global Honeycomb Core Materials Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Honeycomb Core Materials is a new material that Google has been working on for years. It's a type of plastic that can be folded and shaped like paper, but it can also withstand high temperatures and pressures.

Some of the key players operating in the honeycomb core materials market are Tricel Honeycomb, MachineTek, Coast-Line International, SDG Hollow Metal, Panel Built, Prime Laminating, Pacific Marine Systems, Koshii Maxelum America, Plascore, Hexcel.

The honeycomb core materials market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Honeycomb Core Materials Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Honeycomb Core Materials Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Honeycomb Core Materials Market - Supply Chain
   4.5. Global Honeycomb Core Materials Market Forecast
      4.5.1. Honeycomb Core Materials Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Honeycomb Core Materials Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Honeycomb Core Materials Market Absolute $ Opportunity

5. Global Honeycomb Core Materials Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Honeycomb Core Materials Market Size and Volume Forecast by Type
      5.3.1. Aramid Fiber
      5.3.2. Aluminum
      5.3.3. Stainless Steel
      5.3.4. Thermoplastic
      5.3.5. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Honeycomb Core Materials Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Honeycomb Core Materials Market Size and Volume Forecast by Application
      6.3.1. Aerospace
      6.3.2. Defense
      6.3.3. Marine
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Honeycomb Core Materials Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Honeycomb Core Materials Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Honeycomb Core Materials Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Honeycomb Core Materials Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Honeycomb Core Materials Demand Share Forecast, 2019-2029

9. North America Honeycomb Core Materials Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Honeycomb Core Materials Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Honeycomb Core Materials Market Size and Volume Forecast by Application
      9.4.1. Aerospace
      9.4.2. Defense
      9.4.3. Marine
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Honeycomb Core Materials Market Size and Volume Forecast by Type
      9.7.1. Aramid Fiber
      9.7.2. Aluminum
      9.7.3. Stainless Steel
      9.7.4. Thermoplastic
      9.7.5. Others
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Honeycomb Core Materials Demand Share Forecast, 2019-2029

10. Latin America Honeycomb Core Materials Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Honeycomb Core Materials Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Honeycomb Core Materials Market Size and Volume Forecast by Application
      10.4.1. Aerospace
      10.4.2. Defense
      10.4.3. Marine
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Honeycomb Core Materials Market Size and Volume Forecast by Type
      10.7.1. Aramid Fiber
      10.7.2. Aluminum
      10.7.3. Stainless Steel
      10.7.4. Thermoplastic
      10.7.5. Others
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Honeycomb Core Materials Demand Share Forecast, 2019-2029

11. Europe Honeycomb Core Materials Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Honeycomb Core Materials Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Honeycomb Core Materials Market Size and Volume Forecast by Application
      11.4.1. Aerospace
      11.4.2. Defense
      11.4.3. Marine
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Honeycomb Core Materials Market Size and Volume Forecast by Type
      11.7.1. Aramid Fiber
      11.7.2. Aluminum
      11.7.3. Stainless Steel
      11.7.4. Thermoplastic
      11.7.5. Others
   11.8. Bais Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Honeycomb Core Materials Demand Share, 2019-2029

12. Asia Pacific Honeycomb Core Materials Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Honeycomb Core Materials Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Honeycomb Core Materials Market Size and Volume Forecast by Application
      12.4.1. Aerospace
      12.4.2. Defense
      12.4.3. Marine
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Honeycomb Core Materials Market Size and Volume Forecast by Type
      12.7.1. Aramid Fiber
      12.7.2. Aluminum
      12.7.3. Stainless Steel
      12.7.4. Thermoplastic
      12.7.5. Others
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Honeycomb Core Materials Demand Share, 2019-2029

13. Middle East & Africa Honeycomb Core Materials Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Honeycomb Core Materials Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Honeycomb Core Materials Market Size and Volume Forecast by Application
      13.4.1. Aerospace
      13.4.2. Defense
      13.4.3. Marine
      13.4.4. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Honeycomb Core Materials Market Size and Volume Forecast by Type
      13.7.1. Aramid Fiber
      13.7.2. Aluminum
      13.7.3. Stainless Steel
      13.7.4. Thermoplastic
      13.7.5. Others
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Honeycomb Core Materials Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Honeycomb Core Materials Market: Market Share Analysis
   14.2. Honeycomb Core Materials Distributors and Customers
   14.3. Honeycomb Core Materials Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Tricel Honeycomb Overview Financials Developments Strategic Outlook
      14.4.2. MachineTek Overview Financials Developments Strategic Outlook
      14.4.3. Coast-Line International Overview Financials Developments Strategic Outlook
      14.4.4. SDG Hollow Metal Overview Financials Developments Strategic Outlook
      14.4.5. Panel Built Overview Financials Developments Strategic Outlook
      14.4.6. Prime Laminating Overview Financials Developments Strategic Outlook
      14.4.7. Pacific Marine Systems Overview Financials Developments Strategic Outlook
      14.4.8. Koshii Maxelum America Overview Financials Developments Strategic Outlook
      14.4.9. Plascore Overview Financials Developments Strategic Outlook
      14.4.10. Hexcel Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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