The global Balsa Core Materials market was valued at US$ 188.9 million in 2022 and is projected to reach US$ 244 million by 2029, at a CAGR of 3.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Balsa Core Materials market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Balsa Core Materials market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Balsa Core Materials market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Balsa core material is a commonly used end-grain wood core that exhibits high thermal insulation properties and has enhanced acoustic retention. Balsa core material is a type of honeycomb structure and is available in a wide range of thickness, density, and form.
This report aims to provide a comprehensive presentation of the global market for Balsa Core Materials, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Balsa Core Materials. This report contains market size and forecasts of Balsa Core Materials in global, including the following market information:
- Global Balsa Core Materials Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global Balsa Core Materials Market Sales, 2018-2023, 2024-2032, (K MT)
- Global top five Balsa Core Materials companies in 2022 (%)
The growth and development of the shipping industry will be one of the major factors that will have a positive impact on the global balsa core materials market during the forecast period. The rising investments in the defense industry is one of the key trends that will contribute to the market growth in the forthcoming years.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Balsa Core Materials manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Balsa Core Materials Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Balsa Core Materials Market Segment Percentages, by Type, 2022 (%)
Global Balsa Core Materials Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Balsa Core Materials Market Segment Percentages, by Application, 2022 (%)
- Wind Energy
- Aerospace
- Marine
- Transportation
- Construction
- Others
Global Balsa Core Materials Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Balsa Core Materials Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Balsa Core Materials revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Balsa Core Materials revenues share in global market, 2022 (%)
- Key companies Balsa Core Materials sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Balsa Core Materials sales share in global market, 2022 (%)
key players include:
- Airex
- Carbon-Core
- CoreLite
- Diab
- Gurit
- I-Core Composites
Outline of Major Chapters:
Chapter 1: Introduces the definition of Balsa Core Materials, market overview.
Chapter 2: Global Balsa Core Materials market size in revenue and volume.
Chapter 3: Detailed analysis of Balsa Core Materials manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Balsa Core Materials in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Balsa Core Materials capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
