High-Temperature Honeycomb Sandwich Materials Market Overview:
High-Temperature Honeycomb Sandwich Materials Market is expected to garner $418.5 million by 2022, registering a CAGR of 9.6% during the forecast period 2016-2022. 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. It can be used in high-temperature applications, if the suitable material is used in the manufacturing of honeycomb sandwich panels. High strength, stiffness, corrosive resistance, and minimal raw material requirement for manufacturing are some of the advantages of high-temperature (H.T.) honeycomb structures. In the year 2015, the market for H.T. honeycomb sandwich material was valued at $223.4 million and is expected to grow at a CAGR of 9.6% from 2016 to 2022.
The key factors that drive the H.T. honeycomb sandwich material market include increase in production of various aircrafts and growth in the space industry. It is widely used in aircraft and in the space industry as it provides excellent mechanical properties due to its lightweight nature, thus conserving fuel of the vehicle. Moreover, it is expected that by 2025, 1,686 units of aircraft will be delivered worldwide. Factors restraining the growth of the market are high production cost and high cost of raw materials. Growth of LED honeycomb and 3D printing to manufacture honeycomb panels presents as a major opportunity to expand. LED display uses honeycomb panels, to decrease its weight while giving more pixel effects. H.T. honeycomb sandwich panels can be manufactured with the help of 3D printers; however, they are still in the research stage and are expected to impact the industry to grow multifold once commercialized.
This report segments the H.T. honeycomb sandwich material market on the basis of type, application, technology, and geography. On the basis of type, the market can be segmented into stainless steel, titanium, Inconel, and others. The stainless steel segment is expected to grow at a high CAGR of 9.9% during the forecast period. On the basis of application, the H.T. the market is categorized into aerospace and aircraft, satellites, automobiles, and others.
The others market segment, which includes F1 racing cars and FAB manufacturing, is expected to grow at a CAGR of 11.5% over the analysis period. On the basis of technology, the market is segmented into expansion and corrugation, which is likely to achieve the highest growth rate of 10% during the forecast period. On the basis of geography, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA. LAMEA is expected to show the highest growth rate of 12.7% during the forecast period. The prominent players include Benecor, Inc., Indy Honeycomb, Ulbrich Stainless Steels & Special Metals, Inc., EconCore N.V. and so on.
A honeycomb sandwich is a three-layered structure with a low density core inserted between two relatively thin layers. This provides superior mechanical properties at minimal weight to the honeycomb sandwich structure. The world H.T. honeycomb sandwich materials market, by type, is segmented into stainless steel, titanium, inconel, and others. These materials offer superior performance under high temperature and pressure and offer excellent performance and low weight. H.T. honeycomb sandwich materials are used in aircraft and gas turbine engines. Some of the important properties of materials used in the manufacturing of H.T. honeycomb sandwich is listed as follows:
Melting Point (°C)
Ultimate Tensile Strength (Mpa)
Brinell Hardness Number
Thermal Expansion of Coefficient (@20‐100°C) (µm/m°C)
Thermal Conductivity (0-100°C) (W/mK)
Source: High-Performance Alloys, Hypertext Book, and AZO Materials
For manufacturing H.T. honeycomb sandwich, two methods are used, namely expansion and corrugation. In the expansion process, H.T. honeycomb is manufactured in the low density range; whereas in the corrugation process, high temperature honeycomb is manufactured in the high density range
Patent is a liable license given to a manufacturer, where the patented technology or product could be their sole property and no one else can imitate the same. The U.S., Europe, and Japan are the regional authorities that provide patent services, and hence our study includes the patents registered in these regions. We studied patents registered under honeycomb core from 2010 to April 2016 to understand and analyze patent frequency, patent cycle, key manufacturers, regional patent registrations, and so on.
H.T. Honeycomb Sandwich Material Market Patent Analysis, By Year, 2010 ‐ April 2016*
2016* - Till April 2016
The Boeing Company filed 20 honeycomb core patents from 2010 to 2016, while the others have the highest share of 84 patents out of 157 patents. The Boeing Company is followed by Bell Helicopter Textron Inc., which filed 18 honeycomb core patents, of which one of the patents was the method of repairing, splicing, joining, machining, and stabilizing honeycomb core that is being used with the help of pourable structural foam.
- The report includes an extensive analysis of the factors driving as well as restraining the H.T. honeycomb sandwich material market.
- The market projections for the period 2015‐2022 have been included along with factors affecting the same.
- The report also provides quantitative as well as qualitative market trends to help the stakeholders in understanding the situations prevailing in the market.
- An in-depth analysis of key segments demonstrates stakeholders with different types of H.T. honeycomb sandwich consumed across different industries globally.
- SWOT analysis enables to study the internal environment of leading companies for strategy formulation.
HIGH-TEMPERATURE HONEYCOMB SANDWICH MARKET SEGMENT
The market for H.T. honeycomb sandwich is segmented as follows:
- Stainless Steel
- Aerospace & Aircraft
- North America