The increasing growth of honeycomb core material market
The increasing growth of honeycomb core material market
Honeycomb core material, used as core material of the sandwich structure, its performance depends on the material, cell shape and size, etc.
For the material, honeycomb core mainly include metal honeycomb core materials and non-metal honeycomb core materials. Among them, aluminum alloy honeycomb core materials and aramid paper honeycomb core materials have a wide range of applications and a large demand.
Metal honeycomb core material: aluminum alloy honeycomb core, stainless steel honeycomb core, etc.
Non-metal honeycomb core materials: aramid paper honeycomb core, paper honeycomb core,and resin honeycomb core materials.
Honeycomb core materials can be widely used in aerospace, marine,train,wall cladding decoration,partitions,and other industries.
According to the survey report, from 2015 to 2020, the average annual compound growth rate of the global honeycomb core material market was 8.9%, and the market size is expected to reach 1.77 billion US dollars in 2021. The aerospace field is an important downstream market for honeycomb core materials. Surge in demand from the aircraft manufacturing industry, demand for vehicles that are lightweight and provide excellent strength-to-weight ratio, and usage of paper honeycomb core in the packaging industry drive the growth of the global honeycomb core materials market.