NEW YORK, Sept. 13, 2016 /PRNewswire/ -- The global foam core materials market is forecast to grow at a CAGR of 6.2% from 2016 to 2021. The major driver for the growth of this market is increasing demand for composite materials in the end use industries.
Emerging trends, which have a direct impact on the dynamics of the industry, include development of recyclable core materials. DIAB, 3A Composites, Gurit are among the major suppliers of foam core material.
A total of 82 figures / charts and 25 tables are provided in this 118-page report to help in your business decisions. Sample figures with some insights are shown below.
The study includes a forecast for the global honeycomb core materials market by end use application, product type, and region as follows:
By end-use application [Volume (M lbs) and Value ($ million) from 2010 to 2021]:
Wind Energy Marine Construction Transportation Others
By Product Type [Volume (M lbs) and Value ($ million) from 2010 to 2021]:
Polyvinyl Chloride (PVC) Polyethylene Terephthalate (PET) Styrene Acrylonitrile (SAN) Others (PU, PEEK, PMI ,and PPSU)
By region [Volume (M lbs) and Value ($ million) M from 2010 to 2021]:
North America Europe Asia Pacific Rest of the World
On the basis of comprehensive research, we forecast that the wind energy segment is expected to remain the largest application by both value and volume. Expected increase in wind capacity installation and growing demand for lightweight materials are the major driving factors, which would spur growth for this segment over the forecast period.
Within foam core materials market, PVC foam core is expected to remain the largest product type over the forecast period due to its growing demand in wind and marine industries.
Asia Pacific is expected to remain the largest market due to the increasing wind turbine capacity installations in this region.
This report answers following 11 key questions:
Q. 1. What are some of the most promising, high-growth opportunities for foam core materials market by end use application (wind energy, marine, construction, transportation, and others), product type (PVC, PET, SAN, and Others), and region (North America, Europe, Asia Pacific, and Rest of the World) ?
Q. 2.Which segments will grow at a faster pace and why?
Q. 3.Which region will grow at a faster pace and why?
Q.4.What are the key factors affecting market dynamics? What are the drivers and challenges, and business risks in this market?
Q.5.What are the business risks and competitive threats in this market?
Q.6.What are emerging trends in this market and reasons behind them?
Q.7.What are some of the changing demands of customers in the market?
Q.8.What are the new developments in the market and which companies are leading these developments?
Q.9.Who are the major players in this market? What strategic initiatives are being taken by key players for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?
Q. 11. What M & A activity has occurred in the last 5 years and what is its impact on the industry?
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/a-global-business-development-report-on-foam-core-materials-market-by-end-use-application-type-by-product-type-and-by-region-2016-2021-trends-forecast-and-opportunity-analysis---cagr-of-62-300327350.html