High-Temperature Honeycomb Sandwich Materials Market By Type (Stainless Steel And Titanium, Inconel, And Others), Application (Aerospace & Aircraft, Satellites, Automobiles, And Others), And Technology (Expansion And Corrugation) - Global Forecast 2020 - 2025

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High-Temperature Honeycomb Sandwich Materials Market Overview:

High-Temperature Honeycomb Sandwich Materials Market is forecast to reach $561.59 million by 2025, after growing at a CAGR of 10.3% during 2020-2025. A honeycomb sandwich is a structure made of three layers in which a low-density core is inserted between two relatively thin layers, giving it superior mechanical properties with minimal weight. The global demand for high-temperature honeycomb sandwich materials has gained traction owing to its superior mechanical performance and lightweight nature. Resin transfer molding has shown the potential to reduce the production costs of high-temperature honeycomb sandwich parts. Resin transfer molding sandwich honeycomb parts were produced by controlling resin flow during infusion with scrims of different weight.

Key Takeaways

  • North America is the leading consumer of high-temperature honeycomb sandwich and is projected to continue this position throughout the forecast period.
  • The increase in production of various aircraft and growth in the space industry is the key factors that drive the high-temperature honeycomb sandwich materials market.
  • The high cost of production and high price of raw materials cost are the major restraint for the growth of the global High-Temperature Honeycomb Sandwich Market.
  • High-Temperature Honeycomb Sandwich materials are used in constructions for a wide range of industrial applications - from boat hulls and train interiors to sports equipment and car chassis and body panels. 

By Types - Segment Analysis

The stainless steel segment occupied the highest share in the world high temperature honeycomb sandwich market due to its low cost and high strength. Stainless steel honeycomb material have the properties of excellent moisture and corrosion resistant, fire resistant and fungi resistant. Therefore, Stainless steel honeycomb core are used in joiner panels, bulkheads, train doors, and floors or any areas where honeycomb is subjected to hostile environments. These 

Stainless steel honeycomb is available in expanded and untrimmed sheet. Titanium segment occupied second highest share in high temperature honeycomb sandwich market. Titanium honeycomb sandwich structures were used in the wing structure of the High-speed civil transport, because of its structural performance and low effective thermal conductivity in order to minimize heating of the fuel stored in the wings. Metallic samples and composite material are widely used for flash thermography, which can reveal several defects: impact damage, delamination, disbonding and others. Shearography derived from the speckle interferometry is a new method used to assess a given specimen's strain area.

By Technology - Segment Analysis

The Corrugation segment is the primary technology for High-Temperature Honeycomb Sandwich materials. In this method corrugations are produced by pressing metallic sheet between toothed rollers. Corrugated sheets are then bonded, brazed or resistance welded to form a honeycomb core. This method is generally preferred for high-density cores which cannot be expanded due to thick and strong metallic sheets. Anisotropic hierarchical honeycombs of uniform wall thickness are built by repeatedly replacing each three-edge vertex of a hexagonal base network with a similar but smaller hexagon with the same orientation, and by extending the resulting structure in horizontal or vertical directions to break the isotropy.

By Application - Segment Analysis

The Aerospace & Aircraft Industry has been the primary market for High-Temperature Honeycomb Sandwich materials. Honeycomb sandwich materials are widely used on aircraft flight control surfaces such as rudder, aileron, spoiler, and flap. Each honeycomb material provides certain properties and has specific benefits. The most common core material used for aircraft honeycomb structures is aramid paper. According to the Boeing Company and Airbus Group, it is expected that by 2025 there are 1,686 units of aircraft will be delivered worldwide. These are the key factor which drive the for High-Temperature Honeycomb Sandwich Materials market near future. 

Geography - Segment Analysis

North America dominates the High-Temperature Honeycomb Sandwich materials market with share of 41% followed by Europe and Asia-Pacific. This is due to the growth in applications such as automotive and construction sector. Automotive sector has been the primary market for High-Temperature Honeycomb Sandwich materials.  The growth of the High-Temperature Honeycomb Sandwich materials market can be attributed to the rise in production of automobiles. The increase in the global automobile production is a major factor leading to the growth of High-Temperature Honeycomb Sandwich materials in terms of volume across the globe. 
Construction industry is the second major market for High-Temperature Honeycomb Sandwich materials. By 2020, construction output is estimated to grow by 70% to $12.7 trillion and will account for 14.6% of the world output with some of the larger emerging markets such as China, India, Russia, Brazil and Poland driving growth, along with U.S. Global GDP growth of 3.5% and 3.6% is expected in 2017 and 2018 respectively however the meteoric growth that outpaces global GDP will be concentrated in countries like China, India and U.S. India will overtake Japan as the third-largest construction market with annual growth averaging 7.4% annually in construction.

Drivers – High Temperature Honeycomb Materials Market

  • Investment in the field of satellite manufacturing
The High-Temperature Honeycomb Sandwich materials are used to manufacture panels for satellite due to its high stiffness and low weight requirements. The demand for satellite networks and services for commercial applications has increased. The growing utilization of commercial satellite platforms for dual purposes, which include military and civil, is also providing growth opportunities. Such developments are anticipated to drive the growth of the High temperature honeycomb sandwich market.
  • Growth In the Field of Aerospace Industry
The Aerospace Industry is the primary market for High-temperature honeycomb sandwich material. High-temperature Honeycomb sandwich material is used in various aerospace applications and is becoming the go-to material for critical substructures in rockets, aircraft, and jet engines, and propellers, as well as similar non-aerospace structures. The Aerospace industry will drive the market of High-temperature honeycomb sandwich material in near future.

Challenges – High-Temperature Honeycomb Sandwich materials market

  • High Manufacturing Cost can restrict the Growth of the Market. 
The manufacturing cost of High-temperature honeycomb sandwich material is high. That’s why when the end use industry manufactures a product based on High-temperature honeycomb sandwich material its cost also increased. Secondly, the raw material which is used in the production of High-temperature honeycomb sandwich material is also costly. These are the major restraint which affect the market of High-temperature honeycomb sandwich material in near future.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the High-temperature honeycomb market. In 2019, the market of High-temperature honeycomb has been consolidated by the top five players accounting for XX% of the share. Major players in the High-temperature honeycomb Market are Indy Honeycomb, Benecor Inc., EconCore N.V., Ulbrich Stainless Steels & Special Metals Inc, among others. 

Acquisitions/Technology Launches

  • In March 2020, The EconeCore launched Recycled polyethylene terephthalate (rPET) honeycomb is now commercially ready and available to license from EconCore. The company successfully conducted two years of research, learning how to optimally process the reusable resource-based polymer into its continuously produced honeycomb core.

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1. High-Temperature Honeycomb Sandwich Materials Market - Overview
        1.1 Definitions and Scope
2. High-Temperature Honeycomb Sandwich Materials Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. High-Temperature Honeycomb Sandwich Materials Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. High-Temperature Honeycomb Sandwich Materials Market - Startup companies Scenario Premium
        4.1 Top 10 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. High-Temperature Honeycomb Sandwich Materials Market - Industry Market Entry Scenario 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 10 companies
6. High-Temperature Honeycomb Sandwich Materials Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        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. High-Temperature Honeycomb Sandwich Materials Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. High-Temperature Honeycomb Sandwich Materials Market - By Type (Market Size -$Million / $Billion)
8.1 Inconel
8.2 Stainless Steel
8.3 Titanium 
9. High-Temperature Honeycomb Sandwich Materials Market - By Technology (Market Size -$Million / $Billion)
        9.1 Expansion
9.2 Corrugation
10. High-Temperature Honeycomb Sandwich Materials - By Application (Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
            10.3.1 Aerospace Aircraft
            10.3.2 Satellite
            10.3.3 Automobile
11. High-Temperature Honeycomb Sandwich Materials- By Geography (Market Size -$Million / $Billion)
        11.1 High-Temperature Honeycomb Sandwich Materials Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 High-Temperature Honeycomb Sandwich Materials- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 High-Temperature Honeycomb Sandwich Materials- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 High-Temperature Honeycomb Sandwich Materials - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 High-Temperature Honeycomb Sandwich Materials - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. High-Temperature Honeycomb Sandwich Materials Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. High-Temperature Honeycomb Sandwich Materials Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. High-Temperature Honeycomb Sandwich Materials Market - Key Company List by Country Premium
15. High-Temperature Honeycomb Sandwich Materials Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Benecor, Inc
        15.3 Econcore N V
        15.4 Gkn Plc
        15.5 Indy Honeycomb
        15.6 Plascore Incorporated
        15.7 Precision Metal Manufacturing, Inc
        15.8 Samia Inc
        15.9 Ulbrich Stainless Steel Special Metals, Inc
        15.10 Company 9
        15.11 Company 10 & More
*Financials would be provided on a best efforts basis for private companies
16. High-Temperature Honeycomb Sandwich Materials Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. High-Temperature Honeycomb Sandwich Materials Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global World High-Temperature Honeycomb Sandwich Material Market, By Type Market 2019-2024 ($M)
1.1 Property Of High-Temperature Honeycomb Sandwich Market 2019-2024 ($M) - Global Industry Research
1.2 Stainless Steel Market 2019-2024 ($M) - Global Industry Research
1.3 Titanium Market 2019-2024 ($M) - Global Industry Research
1.4 Inconel Market 2019-2024 ($M) - Global Industry Research
2.Global World High-Temperature Honeycomb Sandwich Material Market, By Technology Market 2019-2024 ($M)
2.1 Expansion Market 2019-2024 ($M) - Global Industry Research
2.2 Corrugation Market 2019-2024 ($M) - Global Industry Research
3.Global World High-Temperature Honeycomb Sandwich Material Market, By Type Market 2019-2024 (Volume/Units)
3.1 Property Of High-Temperature Honeycomb Sandwich Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Stainless Steel Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 Titanium Market 2019-2024 (Volume/Units) - Global Industry Research
3.4 Inconel Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global World High-Temperature Honeycomb Sandwich Material Market, By Technology Market 2019-2024 (Volume/Units)
4.1 Expansion Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Corrugation Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America World High-Temperature Honeycomb Sandwich Material Market, By Type Market 2019-2024 ($M)
5.1 Property Of High-Temperature Honeycomb Sandwich Market 2019-2024 ($M) - Regional Industry Research
5.2 Stainless Steel Market 2019-2024 ($M) - Regional Industry Research
5.3 Titanium Market 2019-2024 ($M) - Regional Industry Research
5.4 Inconel Market 2019-2024 ($M) - Regional Industry Research
6.North America World High-Temperature Honeycomb Sandwich Material Market, By Technology Market 2019-2024 ($M)
6.1 Expansion Market 2019-2024 ($M) - Regional Industry Research
6.2 Corrugation Market 2019-2024 ($M) - Regional Industry Research
7.South America World High-Temperature Honeycomb Sandwich Material Market, By Type Market 2019-2024 ($M)
7.1 Property Of High-Temperature Honeycomb Sandwich Market 2019-2024 ($M) - Regional Industry Research
7.2 Stainless Steel Market 2019-2024 ($M) - Regional Industry Research
7.3 Titanium Market 2019-2024 ($M) - Regional Industry Research
7.4 Inconel Market 2019-2024 ($M) - Regional Industry Research
8.South America World High-Temperature Honeycomb Sandwich Material Market, By Technology Market 2019-2024 ($M)
8.1 Expansion Market 2019-2024 ($M) - Regional Industry Research
8.2 Corrugation Market 2019-2024 ($M) - Regional Industry Research
9.Europe World High-Temperature Honeycomb Sandwich Material Market, By Type Market 2019-2024 ($M)
9.1 Property Of High-Temperature Honeycomb Sandwich Market 2019-2024 ($M) - Regional Industry Research
9.2 Stainless Steel Market 2019-2024 ($M) - Regional Industry Research
9.3 Titanium Market 2019-2024 ($M) - Regional Industry Research
9.4 Inconel Market 2019-2024 ($M) - Regional Industry Research
10.Europe World High-Temperature Honeycomb Sandwich Material Market, By Technology Market 2019-2024 ($M)
10.1 Expansion Market 2019-2024 ($M) - Regional Industry Research
10.2 Corrugation Market 2019-2024 ($M) - Regional Industry Research
11.APAC World High-Temperature Honeycomb Sandwich Material Market, By Type Market 2019-2024 ($M)
11.1 Property Of High-Temperature Honeycomb Sandwich Market 2019-2024 ($M) - Regional Industry Research
11.2 Stainless Steel Market 2019-2024 ($M) - Regional Industry Research
11.3 Titanium Market 2019-2024 ($M) - Regional Industry Research
11.4 Inconel Market 2019-2024 ($M) - Regional Industry Research
12.APAC World High-Temperature Honeycomb Sandwich Material Market, By Technology Market 2019-2024 ($M)
12.1 Expansion Market 2019-2024 ($M) - Regional Industry Research
12.2 Corrugation Market 2019-2024 ($M) - Regional Industry Research
13.MENA World High-Temperature Honeycomb Sandwich Material Market, By Type Market 2019-2024 ($M)
13.1 Property Of High-Temperature Honeycomb Sandwich Market 2019-2024 ($M) - Regional Industry Research
13.2 Stainless Steel Market 2019-2024 ($M) - Regional Industry Research
13.3 Titanium Market 2019-2024 ($M) - Regional Industry Research
13.4 Inconel Market 2019-2024 ($M) - Regional Industry Research
14.MENA World High-Temperature Honeycomb Sandwich Material Market, By Technology Market 2019-2024 ($M)
14.1 Expansion Market 2019-2024 ($M) - Regional Industry Research
14.2 Corrugation Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US High-Temperature Honeycomb Sandwich Materials Market Revenue, 2019-2024 ($M)
2.Canada High-Temperature Honeycomb Sandwich Materials Market Revenue, 2019-2024 ($M)
3.Mexico High-Temperature Honeycomb Sandwich Materials Market Revenue, 2019-2024 ($M)
4.Brazil High-Temperature Honeycomb Sandwich Materials Market Revenue, 2019-2024 ($M)
5.Argentina High-Temperature Honeycomb Sandwich Materials Market Revenue, 2019-2024 ($M)
6.Peru High-Temperature Honeycomb Sandwich Materials Market Revenue, 2019-2024 ($M)
7.Colombia High-Temperature Honeycomb Sandwich Materials Market Revenue, 2019-2024 ($M)
8.Chile High-Temperature Honeycomb Sandwich Materials Market Revenue, 2019-2024 ($M)
9.Rest of South America High-Temperature Honeycomb Sandwich Materials Market Revenue, 2019-2024 ($M)
10.UK High-Temperature Honeycomb Sandwich Materials Market Revenue, 2019-2024 ($M)
11.Germany High-Temperature Honeycomb Sandwich Materials Market Revenue, 2019-2024 ($M)
12.France High-Temperature Honeycomb Sandwich Materials Market Revenue, 2019-2024 ($M)
13.Italy High-Temperature Honeycomb Sandwich Materials Market Revenue, 2019-2024 ($M)
14.Spain High-Temperature Honeycomb Sandwich Materials Market Revenue, 2019-2024 ($M)
15.Rest of Europe High-Temperature Honeycomb Sandwich Materials Market Revenue, 2019-2024 ($M)
16.China High-Temperature Honeycomb Sandwich Materials Market Revenue, 2019-2024 ($M)
17.India High-Temperature Honeycomb Sandwich Materials Market Revenue, 2019-2024 ($M)
18.Japan High-Temperature Honeycomb Sandwich Materials Market Revenue, 2019-2024 ($M)
19.South Korea High-Temperature Honeycomb Sandwich Materials Market Revenue, 2019-2024 ($M)
20.South Africa High-Temperature Honeycomb Sandwich Materials Market Revenue, 2019-2024 ($M)
21.North America High-Temperature Honeycomb Sandwich Materials By Application
22.South America High-Temperature Honeycomb Sandwich Materials By Application
23.Europe High-Temperature Honeycomb Sandwich Materials By Application
24.APAC High-Temperature Honeycomb Sandwich Materials By Application
25.MENA High-Temperature Honeycomb Sandwich Materials By Application
26.Benecor, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Indy Honeycomb, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Ulbrich Stainless Steel Special Metals, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Econcore N V, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Samia Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Plascore Incorporated, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Gkn Plc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Precision Metal Manufacturing, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)