Growth of structural core material market in aerospace interiors in Asia-Pacific is driven by improving economy and industrial development in region. This increase in growth can be attributed to high industrial and technological developments in countries such as Japan, China, and Malaysia. North America is also one of major regions for structural core material market in aerospace interiors due to the presence of large aircraft manufacturers in the U.S.
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Structural Core Material Market in aerospace interior is estimated to grow from USD 142.2 million in 2016 to USD 220.2 million by 2021, at a CAGR of 9.13% between 2016 and 2021. The growth of structural core material in aerospace interior is largely associated with the increasing use of composites in the aerospace industry.
1 Attractive Opportunities for the Structural Core Material Market in Aerospace Interior, 2016–2021
2 Structural Core Material Market in Aerospace Interior, By Application
3 Structural Core Material Market in Aerospace Interior, By Application and By Region
4 Structural Core Material Market in Aerospace Interior, By Region
5 Structural Core Material Market in Aerospace Interior, By Aircraft Type
Commercial aircrafts hold a major share in the structural core material market in aerospace interiors on account of high production rates of aircrafts such as Boeing 787 and Airbus 350.
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Application of structural core material in commercial aircraft interiors is expected to increase, as the main cabin segment is witnessing rising demand for new materials that both reduce aircraft weight and allow the passenger more personal and luggage space.
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Structural core materials are widely used in various interior aircraft applications such as side & ceiling panels, floor panels, & galleys & monuments among others. Break-up profile of primary discussion participants is given here Tier 1 (50%); Tier 2 (37%) & other (13%) companies were contacted for interviews.
The interviews were conducted with various key people such as C level (46%), Director Level (33%) and others (21%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (34%), Asia-Pacific (23%), Europe (31%) and Row (12%).
2 Competitive Situations and Trends
3 Investments & Expansions
4 Agreements, Joint Ventures & Partnerships
5 New Product Launches
6 Mergers & Acquisitions
Various key players profiled in the report such as Hexcel Corporation (U.S.), DIAB Group (Sweden), 3A Composites (Switzerland), Evonik Industries AG (Germany), The Gill Corporation (U.S.), SABIC(Saudi Arabia), Plascore Inc. (U.S.), Euro-Composites S.A. (Luxemburg), Advanced Honeycomb Technologies Inc.(U.S.).
Get Structural Core Material Market in Aerospace Interior by Type (Honeycomb, Foam, and Balsa), Aircraft Type (Commercial Aircraft, Defense Aircraft, General Aviation, and Helicopter), Application, and by Region - Global Forecast to 2021 at www.rnrmarketresearch.com/contacts…ount?rname=642388 .
The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
North America is also one of the major regions for the structural core material market in aerospace interiors due to the presence of large aircraft manufacturers in the U.S.
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