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Balsa Core Materials Market by Type (Monolayer and Multilayer) and End-use Industry (Wind Energy, Aerospace, Marine, Transportation, Construction, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023

MA_172758
Pages: 160
Sep 2017 | 1801 Views
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Author's : Akhila Prasannan
Tables: 61
Charts: 33
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Balsa Core Materials Market Overview:

Global Balsa Core Materials Market was valued at $190 million in 2016, and is expected to reach $272 million by 2023, registering a CAGR of 5.3% from 2017 to 2023. Balsa core possesses high compressive properties including enhanced thermal insulation and acoustic absorption. This material is widely applicable in wind energy, aerospace, marine, construction, and transportation sectors.

The global balsa core material market is driven by increase in demand for lightweight materials from various end-use industries such as construction and marine among others, and high insulation feature that makes its suitable for use in the growing aerospace industry. Balsa core materials have high minimum density and absorb large amount of resins during lamination, which are expected to hamper the growth in the near future.

Segment Review

Global Balsa Core Materials Market: Segmentation

Global Balsa Core Materials Market: Segmentation

The global balsa core materials market is segmented based on type, end-use industry, and geography. Based on type, it is bifurcated into monolayer and multilayer. On the basis of end-use industry, it is divided into wind energy, aerospace, marine, transportation, construction, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Top Investment Pockets

Balsa Core Materials Market Top Investment Pockets

In 2016, the wind energy segment accounted for approximately less than two-fifths share of the global market. The wind energy and marine segments are anticipated to be the top investment pockets, owing to the growth in demand for lightweight materials in end-use industries in developing regions.

Asia-Pacific Balsa Core Materials Market

The consumption of balsa core materials in Asia-Pacific is expected to increase, owing to stable economic growth, and growth in marine and aerospace industries. Rise in demand for light weighing materials in aerospace industries is anticipated to drive the demand for balsa core materials in this region. In addition, the incorporation of nanotechnology in next-generation composites is anticipated to present new opportunities for market development.

Asia-Pacific Balsa Core Materials Market Value for Construction Application, 2016-2023 ($million)

Asia-Pacific Balsa Core Materials Market Value for Construction Application, 20162023 ($million)

The key players in the global balsa core materials market focus on product launch and expansion as their key strategies to gain significant market share and cater to the growing demand from developing countries.

Key players operating in the global balsa core materials market are DIAB, 3A Composites Core Materials, Bcomp Ltd., Carbon-Core Corp., CoreLite, Gurit, Evonik Industries AG, I-Core Composites, and Nord Compensati.

The other players not profiled in the report include BONDI, Airex AG, Kerfkore Company, Core Composites, Duroplastic Technologies, CoreLite, and Euroresins.

Key Benefits :

  • The report provides an extensive analysis of the current trends and emerging estimations in the global balsa core materials market from 2017 to 2023.
  • Competitive intelligence of leading manufacturers & distributors of balsa core materials helps to understand the competitive scenario across geographies.
  • Comprehensive analysis of factors that drive and restrain the market growth is provided.
  • Extensive analysis of the industry is conducted by following key product positioning and by 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.

Balsa Core Materials Market Key Segments:

By Type

  • Monolayer
  • Multilayer

By End-use Industry

  • Wind Energy
  • Aerospace
  • Marine
  • Transportation
  • Construction
  • Others

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • South Africa
    • KSA
    • Rest of LAMEA

 

 

Chapter: 1. INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENT
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tool & Model

Chapter: 2. EXECUTIVE SUMMARY

2.1. MARKET SNAPSHOT
2.2. CXO PERSPECTIVES

Chapter: 3. MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top Investment Pockets
3.2.2. Top winning strategies

3.3. PORTERS FIVE FORCES ANALYSIS
3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.1.1. Increasing demand for lightweight materials from a large number of end-use industries
3.4.1.2. Growth in aerospace industry

3.4.2. Restraints

3.4.2.1. Minimum density and ability to absorb large amount of resins during lamination

3.4.3. Opportunities

3.4.3.1. Mergers and acquisitions
3.4.3.2. Technological advancements in composite molding processes

Chapter: 4. GLOBAL BALSA CORE MATERIALS MARKET, BY TYPE

4.1. INTRODUCTION

4.1.1. Market Size and Forecast

4.2. MONOLAYER

4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast

4.3. MULTILAYER

4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast

Chapter: 5. GLOBAL BALSA CORE MATERIALS MARKET, BY END-USE INDUSTRY

5.1. INTRODUCTION

5.1.1. Market Size and Forecast

5.2. WIND ENERGY

5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast

5.3. AEROSPACE

5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast

5.4. MARINE

5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Size and Forecast

5.5. TRANSPORTATION

5.5.1. Key Market Trends, Growth Factors and Opportunities
5.5.2. Market Size and Forecast

5.6. CONSTRUCTION

5.6.1. Key Market Trends, Growth Factors and Opportunities
5.6.2. Market Size and Forecast

5.7. OTHERS

5.7.1. Key Market Trends, Growth Factors and Opportunities
5.7.2. Market Size and Forecast

Chapter: 6. GLOBAL BALSA CORE MATERIALS MARKET, BY GEOGRAPHY

6.1. INTRODUCTION

6.1.1. Market Size and Forecast

6.2. NORTH AMERICA

6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Size and Forecast
6.2.3. U.S.

6.2.3.1. Market size and forecast, by end-use industry

6.2.4. Canada

6.2.4.1. Market size and forecast, by end-use industry

6.2.5. Mexico

6.2.5.1. Market size and forecast, by end-use industry

6.3. EUROPE

6.3.1. Key Market Trends, Growth Factors and Opportunities
6.3.2. Market Size and Forecast
6.3.3. France

6.3.3.1. Market size and forecast, by end-use industry

6.3.4. Germany

6.3.4.1. Market size and forecast, by end-use industry

6.3.5. UK

6.3.5.1. Market size and forecast, by end-use industry

6.3.6. Spain

6.3.6.1. Market size and forecast, by end-use industry

6.3.7. Italy

6.3.7.1. Market size and forecast, by end-use industry

6.3.8. Rest of Europe

6.3.8.1. Market size and forecast, by end-use industry

6.4. ASIA-PACIFIC

6.4.1. Key Market Trends, Growth Factors and Opportunities
6.4.2. Market Size and Forecast
6.4.3. India

6.4.3.1. Market size and forecast, by end-use industry

6.4.4. China

6.4.4.1. Market size and forecast, by end-use industry

6.4.5. Japan

6.4.5.1. Market size and forecast, by end-use industry

6.4.6. Korea

6.4.6.1. Market size and forecast, by end-use industry

6.4.7. Australia

6.4.7.1. Market size and forecast, by end-use industry

6.4.8. Rest of Asia-Pacific

6.4.8.1. Market size and forecast, by end-use industry

6.5. LAMEA

6.5.1. Key Market Trends, Growth Factors and Opportunities
6.5.2. Market Size and Forecast
6.5.3. Brazil

6.5.3.1. Market size and forecast, by end-use industry

6.5.4. Turkey

6.5.4.1. Market size and forecast, by end-use industry

6.5.5. South Africa

6.5.5.1. Market size and forecast, by end-use industry

6.5.6. Saudi Arabia

6.5.6.1. Market size and forecast, by end-use industry

6.5.7. Rest of LAMEA

6.5.7.1. Market size and forecast, by end-use industry

Chapter: 7. COMPANY PROFILES

7.1. DIAB

7.1.1. Company Overview
7.1.2. Company Snapshot
7.1.3. Operating Business Segments
7.1.4. Business Performance
7.1.5. Key Strategic Moves and Developments

7.2. AIREX AG

7.2.1. Company Overview
7.2.2. Company Snapshot
7.2.3. Operating Business Segments
7.2.4. Business Performance
7.2.5. Key Strategic Moves and Developments

7.3. BCOMP LTD.

7.3.1. Company Overview
7.3.2. Company Snapshot
7.3.3. Operating Business Segments
7.3.4. Business Performance
7.3.5. Key Strategic Moves and Developments

7.4. CARBON-CORE CORP

7.4.1. Company Overview
7.4.2. Company Snapshot
7.4.3. Operating Business Segments
7.4.4. Business Performance
7.4.5. Key Strategic Moves and Developments

7.5. CORELITE

7.5.1. Company Overview
7.5.2. Company Snapshot
7.5.3. Operating Business Segments
7.5.4. Business Performance
7.5.5. Key Strategic Moves and Developments

7.6. GURIT

7.6.1. Company Overview
7.6.2. Company Snapshot
7.6.3. Operating Business Segments
7.6.4. Business Performance
7.6.5. Key Strategic Moves and Developments

7.7. EVONIK INDUSTRIES AG

7.7.1. Company Overview
7.7.2. Company Snapshot
7.7.3. Operating Business Segments
7.7.4. Business Performance
7.7.5. Key Strategic Moves and Developments

7.8. I-CORE COMPOSITES

7.8.1. Company Overview
7.8.2. Company Snapshot
7.8.3. Operating Business Segments
7.8.4. Business Performance
7.8.5. Key Strategic Moves and Developments

7.9. NORD COMPENSATI

7.9.1. Company Overview
7.9.2. Company Snapshot
7.9.3. Operating Business Segments
7.9.4. Business Performance
7.9.5. Key Strategic Moves and Developments

List of Tables

TABLE 1. GLOBAL BALSA CORE MATERIALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 2. GLOBAL MONOLAYER BALSA CORE MATERIALS MARKET VALUE BY REGION, 2015-2023 ($MILLION)
TABLE 3. GLOBAL MULTILAYER BALSA CORE MATERIALS MARKET VALUE BY REGION, 2015-2023 ($MILLION)
TABLE 4. GLOBAL BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 5. GLOBAL BALSA CORE MATERIALS MARKET VALUE FOR AEROSPACE BY REGION, 2015-2023 ($MILLION)
TABLE 6. GLOBAL BALSA CORE MATERIALS MARKET VALUE FOR WIND ENERGY BY REGION, 2015-2023 ($MILLION)
TABLE 7. GLOBAL BALSA CORE MATERIALS MARKET VALUE FOR MARINE BY REGION, 2015-2023 ($MILLION)
TABLE 8. GLOBAL BALSA CORE MATERIALS MARKET VALUE FOR TRANSPORTATION BY REGION, 2015-2023 ($MILLION)
TABLE 9. GLOBAL BALSA CORE MATERIALS MARKET VALUE FOR CONSTRUCTION BY REGION, 2015-2023 ($MILLION)
TABLE 10. GLOBAL BALSA CORE MATERIALS MARKET VALUE FOR OTHERS BY REGION, 2015-2023 ($MILLION)
TABLE 11. GLOBAL BALSA CORE MATERIALS MARKET VALUE BY REGION, 2015-2023 ($MILLION)
TABLE 12. NORTH AMERICA BALSA CORE MATERIALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 13. NORTH AMERICA BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 14. NORTH AMERICA BALSA CORE MATERIALS MARKET VALUE, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 15. U.S. BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 16. CANADA BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 17. MEXICO BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 18. EUROPE BALSA CORE MATERIALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 19. EUROPE BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 20. EUROPE BALSA CORE MATERIALS MARKET VALUE, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 21. FRANCE BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 22. GERMANY BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 23. U.K. BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 24. SPAIN BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 25. ITALY BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 26. REST OF EUROPE BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 27. ASIA-PACIFIC BALSA CORE MATERIALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 28. ASIA-PACIFIC BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 29. ASIA PACIFIC BALSA CORE MATERIALS MARKET VALUE, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 30. INDIA BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 31. CHINA BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 32. JAPAN BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 33. KOREA BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 34. AUSTRALIA BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 35. REST OF ASIA-PACIFIC BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 36. LAMEA BALSA CORE MATERIALS MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 37. LAMEA BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 38. LAMEA BALSA CORE MATERIALS MARKET VALUE, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 39. BRAZIL BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 40. TURKEY BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 41. SOUTH AFRICA BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 42. SAUDI ARABIA BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 43. REST OF LAMEA BALSA CORE MATERIALS MARKET VALUE BY APPLICATION, 2015-2023 ($MILLION)
TABLE 44. DIAB: COMPANY SNAPSHOT
TABLE 45. DIAB: OPERATING SEGMENTS
TABLE 46. AIREX AG: COMPANY SNAPSHOT
TABLE 47. AIREX AG: OPERATING SEGMENTS
TABLE 48. BCOMP LTD.: COMPANY SNAPSHOT
TABLE 49. BCOMP LTD.: OPERATING SEGMENTS
TABLE 50. CARBON-CORE CORP: COMPANY SNAPSHOT
TABLE 51. CARBON-CORE CORP: OPERATING SEGMENTS
TABLE 52. CORELITE: COMPANY SNAPSHOT
TABLE 53. CORELITE: OPERATING SEGMENTS
TABLE 54. GURIT: COMPANY SNAPSHOT
TABLE 55. GURIT: OPERATING SEGMENTS
TABLE 56. EVONIK INDUSTRIES AG: COMPANY SNAPSHOT
TABLE 57. EVONIK INDUSTRIES AG: OPERATING SEGMENTS
TABLE 58. I-CORE COMPOSITES: COMPANY SNAPSHOT
TABLE 59. I-CORE COMPOSITES: OPERATING SEGMENTS
TABLE 60. NORD COMPENSATI: COMPANY SNAPSHOT
TABLE 61. NORD COMPENSATI: OPERATING SEGMENTS

List of Figures

FIGURE 1. GLOBAL BALSA CORE MATERIALS MARKET, 2016-2023
FIGURE 2. GLOBAL BALSA CORE MATERIALS MARKET BY REGION, 2016-2023
FIGURE 3. GLOBAL BALSA CORE MATERIALS MARKET: SEGMENTATION
FIGURE 4. TOP INVESTMENT POCKETS IN BALSA CORE MATERIALS MARKET, 2016-2023
FIGURE 5. TOP WINNING STRATEGIES
FIGURE 6. BARGAINING POWER OF SUPPLIERS
FIGURE 7. BARGAINING POWER OF BUYERS
FIGURE 8. THREAT OF NEW ENTRANTS
FIGURE 9. THREAT OF SUBSTITUTES
FIGURE 10. COMPETITIVE RIVALRY
FIGURE 11. DRIVERS AND RESTRAINTS: GLOBAL BALSA CORE MATERIALS MARKET
FIGURE 12. GLOBAL BALSA CORE MATERIALS MARKET SHARE, BY TYPE
FIGURE 13. GLOBAL BALSA CORE MATERIALS MARKET SHARE, BY PAYLOAD
FIGURE 14. GLOBAL BALSA CORE MATERIALS MARKET SHARE, BY APPLICATION
FIGURE 15. U.S. BALSA CORE MATERIALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 16. CANADA BALSA CORE MATERIALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 17. MEXICO BALSA CORE MATERIALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 18. GERMANY BALSA CORE MATERIALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 19. FRANCE BALSA CORE MATERIALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 20. UK BALSA CORE MATERIALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 21. SPAIN BALSA CORE MATERIALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 22. ITALY BALSA CORE MATERIALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 23. REST OF EUROPE BALSA CORE MATERIALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 24. INDIA BALSA CORE MATERIALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 25. CHINA BALSA CORE MATERIALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 26. JAPAN BALSA CORE MATERIALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 27. KOREA BALSA CORE MATERIALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 28. AUSTRALIA BALSA CORE MATERIALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 29. REST OF ASIA-PACIFIC BALSA CORE MATERIALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 30. BRAZIL BALSA CORE MATERIALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 31. KSA BALSA CORE MATERIALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 32. SOUTH AFRICA BALSA CORE MATERIALS MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 33. REST OF LAMEA BALSA CORE MATERIALS MARKET VALUE, 2015-2023 ($MILLION)

 

Balsa is a structural core material largely used in construction, wind energy, and marine applications. It exhibits high compressive property, enhanced thermal insulation, and remarkable acoustic retention. It has a similar structure of the honeycomb core, and is available in the market in wide range of thickness, density, and format/finish. It is widely used in the aerospace industry owing to its lightweight material properties.

Asia-Pacific is anticipated to account for significant share in the global balsa core materials market, owing to large number of installations of wind turbine capacities. Some of the key players have focused on collaborations with players in these end-use industries to maintain their continuous supply of balsa core materials.

 

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