Industrial, Manufacturing & Heavy Industry Market News

The global honeycomb core material market is expected to reach $640.5 million by 2022 according to new research report

Lucintel anticipates that Rest of the World will be the fastest growing region for the global honeycomb core material market


According to a new market report published by Lucintel, the future of the honeycomb core material market looks attractive with opportunities in the aerospace, defense, and marine, and other industrial applications. The global honeycomb core material market is expected to reach an estimated $640.5 million by 2022 and is forecast to grow at a CAGR of 5.3% from 2017 to 2022.

The major growth drivers for this market are excellent mechanical performance of honeycomb core, increasing demand for lightweight materials, and robust growth of the end use industries.

In this market, Nomex® and aluminum, polypropylene, polyurethane, and polycarbonate the major honeycomb product types, in which Nomex® and aluminum have major share.