Flexible Honeycomb Core Market - Forecast(2021 - 2026)

Report Code: CMR 75697 Report Format: PDF + Excel (Delivery in 48 Hrs)
Flexible Honeycomb Core Market size is forecast to reach $XX billion by 2025, after growing at a CAGR of 7.89% during 2020-2025. Increased preference of lightweight materials in the aerospace and defense industries around the world drive the demand for honeycomb core materials. Factoring in the use of flexible honey-comb core for building projects, rapid industrialization, increased customer awareness about the advantages of flexible honey-comb core, such as higher strength-to-weight ratios and improved corrosion resistance etc. Further, increases the overall demand over forecast period.

Report Coverage
The “Flexible Honeycomb Core Market report – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Flexible Honeycomb Core Industry. 

By Material: Aluminum, Aramid, Stainless Steel, Thermoplastic, and Other.
By Type: Metal, Plastic 
By Application: Aerospace, Construction, Consumer Goods, Electrical & Electronics, Marine, Pipe & Tank, Transportation, and Others
By Geography: North America, South America, Europe, APAC, and RoW

Key Takeaways
  • The flexible honeycomb core is a robust, traditional hexagonally shaped material that is available in various densities, configurations and sizes.
  • The ratio between strength and weight is high, light weight and excellent durability of the system. Aluminum, aramid, stainless steel, as well as thermoplastic are primarily used in the manufacture of flexible honeycomb cores.
  • The flexible honey-comb component serves as core material for a broad variety of applications including sandwich systems, energy absorbers, laminar flow controls and the sound attenuator.
  • However, the end use industries are being significantly affected due to the COVID-19 pandemic, as most of the countries have issued “stay at home guidance” i.e., lockdown. This factor is restraining the market growth in current situation. 

Material - Segment Analysis
Aluminum flexible honeycomb core segment has been Flexible Honeycomb Core primary market. A lightweight core material, aluminum honeycomb provides superior strength, corrosion and fire-resistance, energy efficiency, and effective isolation. Aluminum panels honeycomb are structures created by humans who lay a honeycomb between two thin layers to provide tension energy. Aluminum, because of its solid and light weight nature, is the most favored metal for honeycomb construction. In fact, with limited waste content, it can be easily recycled. In many industries including aviation, defense, automotive, marine and building, aluminum honeycomb has been widely accepted.

Application - Segment Analysis
Aerospace sector has been the primary market for Flexible Honeycomb Core for many years at a CAGR of 7.55%. The demand for high-strength and low-density materials becomes increasingly important with the advancement of aerospace technology. The high launch acceleration and high frequency vibrations mean that a severe mechanical condition and aerodynamic coupling are unavoidable, and therefore the specifications for aero structures are extremely high in strength and rigidity. With its high rigidity and low weight wave materials, advanced technologies of aerospace design are becoming an ever more important element. The global aerospace deal activity volumes are rising, and a greater growth rate is expected in the near future. As the sector is growing, the demand for flexible honeycomb core materials is also expected to grow during the forecast period.

Geography - Segment Analysis
APAC dominated the Flexible Honeycomb Core Market share with more than 52.36%, followed by North America and Europe. In particular developing countries in the region, including China, India and South Korea, are causing increased demand for flexible honeycomb core materials from the Asia-Pacific Region. According to the Asia-Pacific Airlines Association (AAPA), about 1,486 million passengers are flying on the regional airlines and 22 million tons of freight carry, representing nearly a third of global passenger traffic and two quarters of global air freight traffic, thus playing a major role in the constant growth of global aviation. However, up to 40% of global passenger traffic is expected to rise in 2036. According to Korea Aerospace Industries Association (KAIA), in 2018, the total market size of aerospace in Korea is $ 6.73 Billion and it is estimated to reach about $ 7.40 Billion in 2019. As, the Flexible Honeycomb Core is mainly used in the production of aerospace, may act as a growth driver to this region. Hence, the increasing demand for aircraft is expected to drive the demand for flexible honeycomb core materials in the region, during the forecast period.

Drivers – Flexible Honeycomb Core Market

  • Increasing uses of Titanium Alloy Honeycomb Flexible Honeycomb Core Market in medical and orthodontic equipment
Applications for Titanium Alloy Honeycomb in medical and orthodontic equipment is propelling overall market growth. One of the major application areas for Titanium Alloy Honeycomb is orthodontic brackets and this product is still remaining a major product for the healthcare industry. Moreover, titanium has biocompatibility and corrosion resistance properties that make it suitable for manufacturing permanent implants. These factors led to the development of Titanium Alloy Honeycomb as a leading manufacturing method for many medical-device OEMs. Challenges – Flexible Honeycomb Core Market.

Challenges – Flexible Honeycomb Core Market

  • High Cost
A significant constraint on the Flexible Honeycomb Core market is considered high production and processing costs. Flexible Honeycomb Core is expensive and can also prove to be a factor that impedes business growth. A quality product can be a major challenge for manufacturers at a fair price. 

Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Flexible Honeycomb Core Market. In 2018, the market of Flexible Honeycomb Core has been consolidated by the top five players accounting for xx% of the share. Major players in the Flexible Honeycomb Core Market are AirMetals, Core Molding Technologies, Cytec, Dow, Hexcel, Johns Manville, Magnum Venus, Momentive, Owens Corning, PPG, among others.

1. Flexible Honeycomb Core Market - Market Overview
    1.1 Definitions and Scope
2. Flexible Honeycomb Core Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key Trends by Material
    2.3 Key Trends by Type
    2.4 Key Trends by Application
    2.5 Key Trends by Geography
3. Flexible Honeycomb Core Market - Landscape
    3.1 Comparative analysis
        3.1.1 Market Share Analysis- Top Companies
        3.1.2 Product Benchmarking- Top Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Top Companies
        3.1.5 Pricing Analysis
4. Flexible Honeycomb Core Market - Startup companies Scenario Premium (Premium) 
    4.1 Top startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. Flexible Honeycomb Core Market – Industry Market Entry Scenario Premium (Premium) 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis - Top companies
6. Flexible Honeycomb Core Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Opportunities
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7. Flexible Honeycomb Core Market -Strategic analysis
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Market life cycle
    7.4 Suppliers and distributors Analysis
8. Flexible Honeycomb Core Market – By Material (Market Size -$Million, KT)
    8.1 Aluminum
    8.2 Aramid
    8.3 Stainless Steel
    8.4 Thermoplastic
    8.5 Others
9. Flexible Honeycomb Core Market – By Type (Market Size -$Million, KT)
    9.1 Metal
    9.2 Plastic
10. Flexible Honeycomb Core Market – By Application (Market Size -$Million, KT)
    10.1 Aerospace
    10.2 Construction
    10.3 Consumer Goods
    10.4 Electrical & Electronics
    10.5 Marine
    10.6 Pipe & Tank
    10.7 Transportation
    10.8 Others
11. Flexible Honeycomb Core Market- By Geography (Market Size -$Million / KT)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 South America
        11.2.1 Brazil
        11.2.2 Argentina
        11.2.3 Colombia
        11.2.4 Chile
        11.2.5 Rest OF South America
    11.3 Europe
        11.3.1 U.K
        11.3.2 Germany
        11.3.3 Italy
        11.3.4 France
        11.3.5 Spain
        11.3.6 Netherlands
        11.3.7 Russia
        11.3.8 Belgium
        11.3.9 Rest of Europe
    11.4 Asia Pacific
        11.4.1 China
        11.4.2 India
        11.4.3 ANZ
        11.4.4 Japan
        11.4.5 South Korea
        11.4.6 Rest of Asia Pacific
    11.5 ROW
        11.5.1 Middle East
            11.5.1.1Saudi Arabia
            11.5.1.2UAE
            11.5.1.3Israel
            11.5.1.4Rest of Middle East
        11.5.2 Africa
            10.1.1.1 South Africa
            10.1.1.2 Nigeria
            10.1.1.3 Rest of South Africa
12. Flexible Honeycomb Core Market- Entropy
    12.1 New Product Launches
    12.2 M&A’s, Collaborations, JVs and Partnerships
13. Market Share Analysis (Premium)
    13.1 Market Share by Country- Top companies
    13.2 Market Share by Region- Top companies
    13.3 Market Share by type of Product / Product category- Top companies
    13.4 Market Share at global level- Top companies
    13.5 Best Practices for companies
14. Flexible Honeycomb Core Market- List of Key Companies by Country (Premium) 
15. Flexible Honeycomb Core Market- Company Analysis
    15.1 Market Share, Company Revenue, Products, M&A, Developments
    15.2 Company 1
    15.3 Company 2
    15.4 Company 3
    15.5 Company 4
    15.6 Company 5
    15.7 Company 6
    15.8 Company 7
    15.9 Company 8
    15.10 Company 9
    15.11 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

List of Tables

1 US Flexible Honeycomb Core Market Size 2018
2 Canada Flexible Honeycomb Core Market Share 2018
3 Brazil Flexible Honeycomb Core Market Outlook 2019 - 2023
4 Mexico Flexible Honeycomb Core Market Research 2018
5 Germany Flexible Honeycomb Core Market Trends 2019 - 2023 
6 France Flexible Honeycomb Core Market Growth 2019 - 2023 
7 UK Flexible Honeycomb Core Market Demand 2019 - 2023 
8 Italy Flexible Honeycomb Core Market Segmentation 2018
9 Russia Flexible Honeycomb Core Market Analysis 2019 - 2023
10 China Flexible Honeycomb Core Market Revenue 2019 - 2023
11 Japan Flexible Honeycomb Core Market Volume 2019 - 2023
12 South Korea Flexible Honeycomb Core Market Potential 2019 - 2023
13 India Flexible Honeycomb Core Market Leaders 2018
14 Saudi Arabia Flexible Honeycomb Core Market Forecast 2019 - 2023 
15 Kuwait Flexible Honeycomb Core Market Value 2018

List of Figures

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