Balsa Core Materials Market by Type and Application - Global Opportunity Analysis and Industry Forecast, 2018-2025
- July 2018 •
- 158 pages •
- Report ID: 5563956 •
- Format: PDF
Balsa core material is a commonly used end-grain wood core, which exhibits high thermal insulation properties and has enhanced acoustic retention. It is a honeycomb-like structure, and is available in a wide range of thickness, density, and form.
The growth of the global balsa core materials market is driven by its increase in demand from end-use industries, such as wind energy and marine, where it is used as a protective and ablative agent. In addition, rise in demand for lightweight materials and increase in installation of wind turbines are expected to boost the market in the near future. However, high material cost is expected to restrain the market growth. On the contrary, new mergers and acquisitions to increase the market reach in the developing countries are expected to provide new opportunities for the expansion of the market in the near future.
The global balsa core materials market is segmented based on type, application, and region. On the basis type, it is bifurcated into monolayer and multilayer. The applications covered in the study include wind energy, aerospace, marine, transportation, construction, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the global balsa core materials market have focused on product launch and expansion as their key strategies to gain significant market share and cater to the growing demands of the developing countries.
The key players operating in the market include DIAB, Schweiter Technologies, BCOMP LTD., Carbon-Core Corp, Gurit Holding AG, Evonik Industries AG, I-Core Composites, LLC, CoreLite Inc., BONDi (Shandong) Environmental Material Company Limited, and Nord Compensati Spa.
This report provides an extensive analysis of the current trends and emerging estimations in the global balsa core materials market.
A comprehensive analysis of factors that drive and restrain the market growth is provided.
An extensive analysis of the industry is conducted by following key product positioning and monitoring the top competitors within the market framework.
The key players are profiled along with their strategies to determine the competitive outlook of the market.
Key Market Segments
Rest of Europe
Rest of Asia-Pacific
Rest of LAMEA