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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Global Honeycomb Core Materials Market Outlook

The global honeycomb core materials market attained a value of about USD 3.70 billion in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 11.22% to reach nearly USD 9.56 billion by 2034.

Global Honeycomb Core Materials Market

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Global Honeycomb Core Materials Market Growth

The growing deployment of honeycomb core materials in various construction applications in the construction industry is aiding the market growth. As such materials have high strength and low density, they are increasingly deployed in innovative architectural construction, which is propelling the market growth. Moreover, the rising demand for lightweight and durable materials in decorative structures is surging the deployment of honeycomb core materials, hence invigorating the market growth. The increasing construction of green buildings in both developed and developing countries is also escalating the demand for honeycomb core materials in the construction industry, which is fuelling the market growth. The increasing use of honeycomb core materials owing to their mechanical strength and dimensional accuracy in the aerospace industry is invigorating the market growth. The durability and precision offered by the materials are surging the deployment of materials to enhance the operational efficiency of aircraft, which is significantly contributing to the market growth. Moreover, the increasing focus on fuel efficiency is leading to the adoption of honeycomb panels in the industry, which is anticipated to provide further impetus to the growth of the honeycomb core materials industry in the forecast period.

Honeycomb Core Materials Market Segmentation

Honeycomb core materials are lightweight materials that are made up of natural or artificial honeycomb structures. They have excellent properties such as low-density, high-mechanical strength, and biodegradability, due to which they are increasingly preferred in various industries such as construction, packaging, and packaging, among others. Moreover, they are extensively deployed in various industrial applications.

Global Honeycomb Core Materials Market by Segment

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The major products of honeycomb core materials are:

  • Paper
  • Nomex
  • Aluminium
  • Thermoplastic
  • Others

The market can be broadly categorised on the basis of its applications into:

  • Composites
  • Non-Composites
  • Aluminium
  • Thermoplastic
  • Others

Based on the end use, the market is divided into:

  • Aerospace and Defence
  • Automotive
  • Packaging
  • Construction and Infrastructure
  • Others

The EMR report looks into the regional markets of honeycomb core materials like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Growing Demand for Eco-Friendly Materials in the Packaging Industry to Bolster the Market Growth

The rising demand for the deployment of sustainable and biodegradable materials in packaging is increasing the use of honeycomb core materials.  The cost-effectiveness and superior strength of honeycombs make it an ideal material to be deployed in protective packaging in pallets and packaging filler. Moreover, it can be integrated with materials like plastic and plywood to form materials with superior strength. This, in turn, is surging the use of honeycomb core materials in the packaging industry, hence augmenting the market growth.

In addition, honeycomb packaging is used in various industries such as transportation and furniture, among others, to provide enhanced protection to products while boosting energy-efficiency, which is augmenting the growth of the honeycomb core materials industry. The increasing demand for honeycomb core materials in industrial packaging owing to the rising requirement of lightweight products for efficient supply chains is expected to drive the market growth. The trend of recyclable packaging is projected to surge the demand for honeycomb core materials, which is estimated to fuel the market growth in the forecast period.

Key Industry Players in the Global Honeycomb Core Materials Market

The report presents a detailed analysis of the following key players in the global honeycomb core materials market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Hexcel Corporation
  • Argosy International Inc.
  • Honicel Nederland B.V.
  • Euro-Composites Group
  • Schütz GmbH & Co. KGaA
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Application
  • End Use
  • Region
Breakup by Product
  • Paper
  • Nomex
  • Aluminium
  • Thermoplastic
  • Others
Breakup by Application
  • Composites
  • Non-Composites
  • Aluminium
  • Thermoplastic
  • Others
Breakup by End Use
  • Aerospace and Defence
  • Automotive
  • Packaging
  • Construction and Infrastructure
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Hexcel Corporation
  • Argosy International Inc.
  • Honicel Nederland B.V.
  • Euro-Composites Group
  • Schütz GmbH & Co. KGaA
  • Others
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Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

Honeycomb Core Materials Market Report Snapshots

Honeycomb Core Materials Market Size

Honeycomb Core Materials Market Growth

Honeycomb Core Materials Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the global honeycomb core materials market attained a value of nearly USD 3.70 billion.

The market is projected to grow at a CAGR of 11.22% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach about USD 9.56 billion by 2034.             

The market is being driven by the growing use of honeycomb core materials in the construction and aerospace industry owing to their favourable properties and the rising demand for the materials in industrial applications.

The key trends of the market include the increasing demand for sustainable materials in the packaging market, and the growing prevalence of recyclable packaging, and increasing awareness regarding honeycomb core materials.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading products of honeycomb core materials in the market are paper, Nomex, aluminium, and thermoplastic, among others.

The significant applications in the market are composites, non-composites, aluminium, and thermoplastic, among others.

The various end uses of honeycomb core materials are aerospace and defence, automotive, packaging, and construction and infrastructure, among others.

The key players in the global honeycomb core materials market are Hexcel Corporation, Argosy International Inc., Honicel Nederland B.V., Euro-Composites Group, and Schütz GmbH & Co. KGaA, among others.

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