According to the newest version of QYResearch, global High Density Core Materials market size (most likely outcome) will be a year-over-year revenue growth rate of -3.21% in 2020, from US$ 498.55 million in 2019, by the most conservative estimates. Over the next five years the High Density Core Materials market will register a 4.21% CAGR in terms of revenue, the global market size will reach US$ 617.85 million by 2026.
Core Materials are produced in a variety of forms including end-grain balsa wood, PVC foam, urethane foam, non-woven core fabrics. These lightweight materials are bonded between two composite skins and serve as the central member of what is referred to as a sandwich structure . High Density Core Materials refer to materials with density is greater than 60kg/m3.
Core materials are generally used for sandwich structured composites which are a special class of composite materials that is fabricated by attaching two thin but stiff skins to a lightweight thick core. The core material is normally low strength material, but its higher thickness provides the sandwich composite with high bending stiffness with overall low density.
Global High Density Core Materials Market- Key Players
Diab, 3A Composite, Gurit, Evonik, CoreLite, Nomaco, Polyumac, Amorim Cork Composites, Armacell, General Plastics, I-Core Composites, Changzhou Tiansheng Composite Materials, are analyzed in the report. High density core materials industry is a relatively concentrated industry with limited players in the market. Currently, there are many producing companies in the world high density core materials industry. The main market players are Diab, 3A Composite, Gurit, Evonik and CoreLite. Diab, based in Sweden, Italy and China, is the largest manufacturer with 37.73% of global revenue in 2019.
Global High Density Core Materials Market: Segmental Analysis
Based on the forms, the high density core materials can be classed into Balsa, PVC Foam, PET Foam, PU Foam. And each type has application industries relatively. Based on the thickness, 6mm, 8mm, 10mm, 10mm-20mm, Other can be found in the report. 10mm-20mm is the most popular type of High Density Core Materials, accounting for more than 39% market share.
Global High Density Core Materials Market: Application Analysis
High Density Core Materials can be used in various downstream industries, like Renewable Energy; Marine; Building & Construction; Automotive; Rail; Aerospace; Manufacturing Industry; Others. Renewable Energy is the largest consumption share with 37% market share. The follower is the marine field, with 21% market share.
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