Global Thermoplastic Honeycomb Market Analysis, 2024-2030
Description
Honeycomb structures are produced by the integration of small hexagonal hollow cells. The material produced by this material will result in great strength and low density. Thermoplastic is an environment-friendly, 100% recyclable plastic. Depending on the type of thermoplastics, honeycomb structures can be distinguished into two types: polycarbonate honeycomb and polypropylene honeycomb. Polypropylene is the most used for honeycombs.
The clarity and transparency of thermoplastic honeycomb are useful in lamps and lighting applications. Thermoplastic honeycomb has applications in numerous industries such as aerospace, automotive, construction, and sports. Apart from this, these are also used in electronic devices due to its insulating property. The LED lighting technology used for decorative and entertainment purpose also makes use of thermoplastic honeycomb.
The global thermoplastic honeycomb market report gives insights about the current market condition by holding more than 305 hours of primary and secondary research. As per the report, global thermoplastic honeycomb market is growing seemingly fast and expanding its boundaries across the world. The global thermoplastic honeycomb market is valued at US $ xxx million dollars in 2018 which is forecasted to reach US $ xxx million dollars by the end of 2023. This market is however anticipated to grow at the rate of xx% annually during the forecast period of 2018-2023.
The aerospace industry is witnessing constantly growing demand for lightweight material for manufacturing. The major factor favoring the growth of the global aerospace market is increased curiosity among researchers to find the possibility of life on other earth-like planets. The automotive industry is steadily growing around the world with xxx million vehicles produced in 2017. This trend is anticipated to grow even further during the forecast period, which will lead to increasing demand for automobile in developing countries. Apart from aerospace and automobile, the construction industry is tangibly growing around the world. The housing developments in developing countries are the major demand driver within this industry. In addition to this, the developed countries are taking up the reconstruction activities by adopting the use of modern materials, which is projected to fuel the demand for thermoplastic honeycomb.
There are no major impediments facing the global thermoplastic honeycomb market at present other than the erratic supply of the raw materials which might lead to price fluctuation in the future that might deter some customers.
Asia Pacific region is the fastest growing market for thermoplastic honeycomb globally, closely followed by North America. The growth across these markets is fueled by presence of aerospace equipment manufacturers and fabricators. The growing demand for lightweight materials is also a contributing factor in the growth of this market.
Key players in the global thermoplastic honeycomb market are Plascore (Germany), Corex Honeycomb (U.K.), EconCore (Belgium), Universal Metaltek (India), Design Composite GmbH (Austria), Nidaplast (France), Tubus Bauer GmbH (Germany) and others.
Our Approach
The research procedure includes market segmentation of global thermoplastic honeycomb market, discovering the growth factors of every market segment and conducting market forecast. Market forecasts here are conducted carefully with the contributions of the global thermoplastic honeycomb industry experts from across the world. Market Krystal holds over 42 interview hours for this study and the fine points of the same are mentioned below:
By company type:
Manufacturers (45%), Suppliers (20%), Consumers (15%), Researchers (10%), Independent industry consultant (10%)
By geography:
North America (35%), Asia (35%), Europe (30%)
By designation:
Top level (45%), Operation level (35%), Mid-level (20%)
Contents of the report:
The clarity and transparency of thermoplastic honeycomb are useful in lamps and lighting applications. Thermoplastic honeycomb has applications in numerous industries such as aerospace, automotive, construction, and sports. Apart from this, these are also used in electronic devices due to its insulating property. The LED lighting technology used for decorative and entertainment purpose also makes use of thermoplastic honeycomb.
The global thermoplastic honeycomb market report gives insights about the current market condition by holding more than 305 hours of primary and secondary research. As per the report, global thermoplastic honeycomb market is growing seemingly fast and expanding its boundaries across the world. The global thermoplastic honeycomb market is valued at US $ xxx million dollars in 2018 which is forecasted to reach US $ xxx million dollars by the end of 2023. This market is however anticipated to grow at the rate of xx% annually during the forecast period of 2018-2023.
The aerospace industry is witnessing constantly growing demand for lightweight material for manufacturing. The major factor favoring the growth of the global aerospace market is increased curiosity among researchers to find the possibility of life on other earth-like planets. The automotive industry is steadily growing around the world with xxx million vehicles produced in 2017. This trend is anticipated to grow even further during the forecast period, which will lead to increasing demand for automobile in developing countries. Apart from aerospace and automobile, the construction industry is tangibly growing around the world. The housing developments in developing countries are the major demand driver within this industry. In addition to this, the developed countries are taking up the reconstruction activities by adopting the use of modern materials, which is projected to fuel the demand for thermoplastic honeycomb.
There are no major impediments facing the global thermoplastic honeycomb market at present other than the erratic supply of the raw materials which might lead to price fluctuation in the future that might deter some customers.
Asia Pacific region is the fastest growing market for thermoplastic honeycomb globally, closely followed by North America. The growth across these markets is fueled by presence of aerospace equipment manufacturers and fabricators. The growing demand for lightweight materials is also a contributing factor in the growth of this market.
Key players in the global thermoplastic honeycomb market are Plascore (Germany), Corex Honeycomb (U.K.), EconCore (Belgium), Universal Metaltek (India), Design Composite GmbH (Austria), Nidaplast (France), Tubus Bauer GmbH (Germany) and others.
Our Approach
The research procedure includes market segmentation of global thermoplastic honeycomb market, discovering the growth factors of every market segment and conducting market forecast. Market forecasts here are conducted carefully with the contributions of the global thermoplastic honeycomb industry experts from across the world. Market Krystal holds over 42 interview hours for this study and the fine points of the same are mentioned below:
By company type:
Manufacturers (45%), Suppliers (20%), Consumers (15%), Researchers (10%), Independent industry consultant (10%)
By geography:
North America (35%), Asia (35%), Europe (30%)
By designation:
Top level (45%), Operation level (35%), Mid-level (20%)
Contents of the report:
- Insights on the global thermoplastic honeycomb industry dynamics
- Estimation of the current global thermoplastic honeycomb market size in terms of value and volume.
- Global thermoplastic honeycomb market breakup based on type (polypropylene, polycarbonate), end-user (automotive, aerospace, sports, construction, wind energy, others) and geography (North America, Europe, Asia-Pacific, Middle East, Africa & Latin America)
- Substantiated global thermoplastic honeycomb forecast for the next five years
- Comprehensive analysis of the key companies working across different nodes of global thermoplastic honeycomb industry value chain
Table of Contents
- 1. Introduction
- Purpose of the report
- Research methodology
- Executive summary
- 2. Product Overview
- Product analysis
- Portfolio analysis of top companies
- Value chain analysis
- Market dynamics
- 3. Global Market Analysis
- Global thermoplastic honeycomb market size (2024–2030)
- By value
- By volume
- Global thermoplastic honeycomb market share (2024–2030)
- By type
- By end-user
- By company
- By geography
- 4. North America Market Analysis
- North America thermoplastic honeycomb market size (2024–2030)
- By value
- By volume
- North America thermoplastic honeycomb market share (2024–2030)
- By type
- By end-user
- By company
- By geography
- 5. Europe Market Analysis
- Europe thermoplastic honeycomb market size (2024–2030)
- By value
- By volume
- Europe thermoplastic honeycomb market share (2024–2030)
- By type
- By end-user
- By company
- By geography
- 6. Asia-Pacific Market Analysis
- Asia-Pacific thermoplastic honeycomb market size (2024–2030)
- By value
- By volume
- Asia-Pacific thermoplastic honeycomb market share (2024–2030)
- By type
- By end-user
- By company
- By geography
- 7. Middle East Market Analysis
- Middle East thermoplastic honeycomb market size (2024–2030)
- By value
- By volume
- Middle East thermoplastic honeycomb market share (2024–2030)
- By type
- By end-user
- By company
- By geography
- 8. Africa Market Analysis
- Africa thermoplastic honeycomb market size (2024–2030)
- By value
- By volume
- Africa thermoplastic honeycomb market share (2024–2030)
- By type
- By end-user
- By company
- By geography
- 9. Latin America Market Analysis
- Latin America thermoplastic honeycomb market size (2024–2030)
- By value
- By volume
- Latin America thermoplastic honeycomb market share (2024–2030)
- By type
- By end-user
- By company
- By geography
- 10. Competitive Intelligence
- Plascore
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 2
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 3
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 4
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 5
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 6
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 7
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 8
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 9
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- 11. Appendix
- Primary research breakup
- List of interview participants
- Discussion guide
- Interview transcript
- About Market Krystal team
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