Product Code: A13625
According to a new report published by Allied Market Research, titled, "Honeycomb Core Materials Market," The honeycomb core materials market was valued at $2.5 billion in 2022, and is estimated to reach $5.2 billion by 2032, growing at a CAGR of 7.8% from 2023 to 2032.

The aerospace industry is the fastest growing sector globally owing to rise in demand for air tourism, advancement in technology, and international trade promotion. Moreover, emerging economies have enhanced the overall performance of the aerospace industry in both developed and developing countries such as the US, China, and India. Aluminum-based honeycomb core materials are an ideal source of strength and have the ability to work under high wind pressure atmosphere. Thus, aluminum-based honeycomb sandwich structures are used on aircraft flight control surfaces that include aileron, rudder, spoiler, and flap. These factors are responsible for the growing demand for honeycomb core materials in the aerospace sector. In addition, the aerospace industry helps in escalating the economy of developed and developing countries. For instance, according to an article published by the International Air Transport Association (IATA) in December 2022, in 2023, the airline industry is expected to tip into profitability. Airlines are anticipated to earn a global net profit of $4.7 billion on revenues of $779 billion. These factors will boost the demand for honeycomb core materials in the aerospace industry, which is likely to create lucrative opportunities for the expansion of the global market during the forecast period.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the honeycomb core materials market analysis from 2022 to 2032 to identify the prevailing honeycomb core materials market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the honeycomb core materials market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global honeycomb core materials market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
- Aluminum Core
- Type
- 3000 Series Aluminum core
- 5000 Series Aluminum core
- 5000 Series Aluminum PAA core
- Aramid Core
- Type
- Meta aramid core
- Para aramid core
- Paper
- Thermoplastic
- Others
By End Use Industry
- Packaging
- Aerospace and Defense
- Construction and Infrastructure
- Automotive
- Others
By Region
- North America
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players:
- Argosy International
- Corex Honeycomb
- Euro-Composites
- fabrinox
- Hexcel Corporation
- Honylite
- Plascore
- RelCore Composites Inc.
- Schtz GmbH & Co. KGaA
- Showa Aircraft Industry Co., Ltd
- TCCORE APPLIED HONEYCOMB TECHNOLOGY CO., LTD.
- The Gill Corporation
- Toray Advanced Composites
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Moderate bargaining power of suppliers
- 3.3.2. High threat of new entrants
- 3.3.3. High threat of substitutes
- 3.3.4. High intensity of rivalry
- 3.3.5. Moderate bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Robust growth of building & construction industry
- 3.4.1.2. Increase in demand from the automotive industry
- 3.4.2. Restraints
- 3.4.2.1. Disadvantages associated with honeycomb core materials
- 3.4.3. Opportunities
- 3.4.3.1. Surge in the demand for honeycomb core materials from aerospace industry
- 3.5. COVID-19 Impact Analysis on the market
- 3.6. Pricing Analysis
- 3.7. Value Chain Analysis
- 3.8. Key Regulation Analysis
- 3.9. Patent Landscape
- 3.10. Regulatory Guidelines
CHAPTER 4: HONEYCOMB CORE MATERIALS MARKET, BY TYPE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Aluminum Core
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.2.4. Aluminum Core Honeycomb Core Materials Market by Type
- 4.2.4.1. 3000 Series Aluminum core Market size and forecast, by region
- 4.2.4.2. 3000 Series Aluminum core Market size and forecast, by country
- 4.2.4.3. 5000 Series Aluminum core Market size and forecast, by region
- 4.2.4.4. 5000 Series Aluminum core Market size and forecast, by country
- 4.2.4.5. 5000 Series Aluminum PAA core Market size and forecast, by region
- 4.2.4.6. 5000 Series Aluminum PAA core Market size and forecast, by country
- 4.3. Aramid Core
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.3.4. Aramid Core Honeycomb Core Materials Market by Type
- 4.3.4.1. Meta aramid core Market size and forecast, by region
- 4.3.4.2. Meta aramid core Market size and forecast, by country
- 4.3.4.3. Para aramid core Market size and forecast, by region
- 4.3.4.4. Para aramid core Market size and forecast, by country
- 4.4. Paper
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
- 4.5. Thermoplastic
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
- 4.6. Others
- 4.6.1. Key market trends, growth factors and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market share analysis by country
CHAPTER 5: HONEYCOMB CORE MATERIALS MARKET, BY END USE INDUSTRY
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Packaging
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Aerospace and Defense
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Construction and Infrastructure
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- 5.5. Automotive
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
- 5.6. Others
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country
CHAPTER 6: HONEYCOMB CORE MATERIALS MARKET, BY REGION
- 6.1. Overview
- 6.1.1. Market size and forecast By Region
- 6.2. North America
- 6.2.1. Key trends and opportunities
- 6.2.2. Market size and forecast, by Type
- 6.2.2.1. North America Aluminum Core Honeycomb Core Materials Market by Type
- 6.2.2.2. North America Aramid Core Honeycomb Core Materials Market by Type
- 6.2.3. Market size and forecast, by End Use Industry
- 6.2.4. Market size and forecast, by country
- 6.2.4.1. U.S.
- 6.2.4.1.1. Key market trends, growth factors and opportunities
- 6.2.4.1.2. Market size and forecast, by Type
- 6.2.4.1.2.1. U.S. Aluminum Core Honeycomb Core Materials Market by Type
- 6.2.4.1.2.2. U.S. Aramid Core Honeycomb Core Materials Market by Type
- 6.2.4.1.3. Market size and forecast, by End Use Industry
- 6.2.4.2. Canada
- 6.2.4.2.1. Key market trends, growth factors and opportunities
- 6.2.4.2.2. Market size and forecast, by Type
- 6.2.4.2.2.1. Canada Aluminum Core Honeycomb Core Materials Market by Type
- 6.2.4.2.2.2. Canada Aramid Core Honeycomb Core Materials Market by Type
- 6.2.4.2.3. Market size and forecast, by End Use Industry
- 6.2.4.3. Mexico
- 6.2.4.3.1. Key market trends, growth factors and opportunities
- 6.2.4.3.2. Market size and forecast, by Type
- 6.2.4.3.2.1. Mexico Aluminum Core Honeycomb Core Materials Market by Type
- 6.2.4.3.2.2. Mexico Aramid Core Honeycomb Core Materials Market by Type
- 6.2.4.3.3. Market size and forecast, by End Use Industry
- 6.3. Europe
- 6.3.1. Key trends and opportunities
- 6.3.2. Market size and forecast, by Type
- 6.3.2.1. Europe Aluminum Core Honeycomb Core Materials Market by Type
- 6.3.2.2. Europe Aramid Core Honeycomb Core Materials Market by Type
- 6.3.3. Market size and forecast, by End Use Industry
- 6.3.4. Market size and forecast, by country
- 6.3.4.1. Germany
- 6.3.4.1.1. Key market trends, growth factors and opportunities
- 6.3.4.1.2. Market size and forecast, by Type
- 6.3.4.1.2.1. Germany Aluminum Core Honeycomb Core Materials Market by Type
- 6.3.4.1.2.2. Germany Aramid Core Honeycomb Core Materials Market by Type
- 6.3.4.1.3. Market size and forecast, by End Use Industry
- 6.3.4.2. France
- 6.3.4.2.1. Key market trends, growth factors and opportunities
- 6.3.4.2.2. Market size and forecast, by Type
- 6.3.4.2.2.1. France Aluminum Core Honeycomb Core Materials Market by Type
- 6.3.4.2.2.2. France Aramid Core Honeycomb Core Materials Market by Type
- 6.3.4.2.3. Market size and forecast, by End Use Industry
- 6.3.4.3. Italy
- 6.3.4.3.1. Key market trends, growth factors and opportunities
- 6.3.4.3.2. Market size and forecast, by Type
- 6.3.4.3.2.1. Italy Aluminum Core Honeycomb Core Materials Market by Type
- 6.3.4.3.2.2. Italy Aramid Core Honeycomb Core Materials Market by Type
- 6.3.4.3.3. Market size and forecast, by End Use Industry
- 6.3.4.4. Spain
- 6.3.4.4.1. Key market trends, growth factors and opportunities
- 6.3.4.4.2. Market size and forecast, by Type
- 6.3.4.4.2.1. Spain Aluminum Core Honeycomb Core Materials Market by Type
- 6.3.4.4.2.2. Spain Aramid Core Honeycomb Core Materials Market by Type
- 6.3.4.4.3. Market size and forecast, by End Use Industry
- 6.3.4.5. UK
- 6.3.4.5.1. Key market trends, growth factors and opportunities
- 6.3.4.5.2. Market size and forecast, by Type
- 6.3.4.5.2.1. UK Aluminum Core Honeycomb Core Materials Market by Type
- 6.3.4.5.2.2. UK Aramid Core Honeycomb Core Materials Market by Type
- 6.3.4.5.3. Market size and forecast, by End Use Industry
- 6.3.4.6. Rest of Europe
- 6.3.4.6.1. Key market trends, growth factors and opportunities
- 6.3.4.6.2. Market size and forecast, by Type
- 6.3.4.6.2.1. Rest of Europe Aluminum Core Honeycomb Core Materials Market by Type
- 6.3.4.6.2.2. Rest of Europe Aramid Core Honeycomb Core Materials Market by Type
- 6.3.4.6.3. Market size and forecast, by End Use Industry
- 6.4. Asia-Pacific
- 6.4.1. Key trends and opportunities
- 6.4.2. Market size and forecast, by Type
- 6.4.2.1. Asia-Pacific Aluminum Core Honeycomb Core Materials Market by Type
- 6.4.2.2. Asia-Pacific Aramid Core Honeycomb Core Materials Market by Type
- 6.4.3. Market size and forecast, by End Use Industry
- 6.4.4. Market size and forecast, by country
- 6.4.4.1. China
- 6.4.4.1.1. Key market trends, growth factors and opportunities
- 6.4.4.1.2. Market size and forecast, by Type
- 6.4.4.1.2.1. China Aluminum Core Honeycomb Core Materials Market by Type
- 6.4.4.1.2.2. China Aramid Core Honeycomb Core Materials Market by Type
- 6.4.4.1.3. Market size and forecast, by End Use Industry
- 6.4.4.2. India
- 6.4.4.2.1. Key market trends, growth factors and opportunities
- 6.4.4.2.2. Market size and forecast, by Type
- 6.4.4.2.2.1. India Aluminum Core Honeycomb Core Materials Market by Type
- 6.4.4.2.2.2. India Aramid Core Honeycomb Core Materials Market by Type
- 6.4.4.2.3. Market size and forecast, by End Use Industry
- 6.4.4.3. Japan
- 6.4.4.3.1. Key market trends, growth factors and opportunities
- 6.4.4.3.2. Market size and forecast, by Type
- 6.4.4.3.2.1. Japan Aluminum Core Honeycomb Core Materials Market by Type
- 6.4.4.3.2.2. Japan Aramid Core Honeycomb Core Materials Market by Type
- 6.4.4.3.3. Market size and forecast, by End Use Industry
- 6.4.4.4. South Korea
- 6.4.4.4.1. Key market trends, growth factors and opportunities
- 6.4.4.4.2. Market size and forecast, by Type
- 6.4.4.4.2.1. South Korea Aluminum Core Honeycomb Core Materials Market by Type
- 6.4.4.4.2.2. South Korea Aramid Core Honeycomb Core Materials Market by Type
- 6.4.4.4.3. Market size and forecast, by End Use Industry
- 6.4.4.5. Australia
- 6.4.4.5.1. Key market trends, growth factors and opportunities
- 6.4.4.5.2. Market size and forecast, by Type
- 6.4.4.5.2.1. Australia Aluminum Core Honeycomb Core Materials Market by Type
- 6.4.4.5.2.2. Australia Aramid Core Honeycomb Core Materials Market by Type
- 6.4.4.5.3. Market size and forecast, by End Use Industry
- 6.4.4.6. Rest of Asia-Pacific
- 6.4.4.6.1. Key market trends, growth factors and opportunities
- 6.4.4.6.2. Market size and forecast, by Type
- 6.4.4.6.2.1. Rest of Asia-Pacific Aluminum Core Honeycomb Core Materials Market by Type
- 6.4.4.6.2.2. Rest of Asia-Pacific Aramid Core Honeycomb Core Materials Market by Type
- 6.4.4.6.3. Market size and forecast, by End Use Industry
- 6.5. LAMEA
- 6.5.1. Key trends and opportunities
- 6.5.2. Market size and forecast, by Type
- 6.5.2.1. LAMEA Aluminum Core Honeycomb Core Materials Market by Type
- 6.5.2.2. LAMEA Aramid Core Honeycomb Core Materials Market by Type
- 6.5.3. Market size and forecast, by End Use Industry
- 6.5.4. Market size and forecast, by country
- 6.5.4.1. Brazil
- 6.5.4.1.1. Key market trends, growth factors and opportunities
- 6.5.4.1.2. Market size and forecast, by Type
- 6.5.4.1.2.1. Brazil Aluminum Core Honeycomb Core Materials Market by Type
- 6.5.4.1.2.2. Brazil Aramid Core Honeycomb Core Materials Market by Type
- 6.5.4.1.3. Market size and forecast, by End Use Industry
- 6.5.4.2. Saudi Arabia
- 6.5.4.2.1. Key market trends, growth factors and opportunities
- 6.5.4.2.2. Market size and forecast, by Type
- 6.5.4.2.2.1. Saudi Arabia Aluminum Core Honeycomb Core Materials Market by Type
- 6.5.4.2.2.2. Saudi Arabia Aramid Core Honeycomb Core Materials Market by Type
- 6.5.4.2.3. Market size and forecast, by End Use Industry
- 6.5.4.3. South Africa
- 6.5.4.3.1. Key market trends, growth factors and opportunities
- 6.5.4.3.2. Market size and forecast, by Type
- 6.5.4.3.2.1. South Africa Aluminum Core Honeycomb Core Materials Market by Type
- 6.5.4.3.2.2. South Africa Aramid Core Honeycomb Core Materials Market by Type
- 6.5.4.3.3. Market size and forecast, by End Use Industry
- 6.5.4.4. Rest of LAMEA
- 6.5.4.4.1. Key market trends, growth factors and opportunities
- 6.5.4.4.2. Market size and forecast, by Type
- 6.5.4.4.2.1. Rest of LAMEA Aluminum Core Honeycomb Core Materials Market by Type
- 6.5.4.4.2.2. Rest of LAMEA Aramid Core Honeycomb Core Materials Market by Type
- 6.5.4.4.3. Market size and forecast, by End Use Industry
CHAPTER 7: COMPETITIVE LANDSCAPE
- 7.1. Introduction
- 7.2. Top winning strategies
- 7.3. Product Mapping of Top 10 Player
- 7.4. Competitive Dashboard
- 7.5. Competitive Heatmap
- 7.6. Top player positioning, 2022
CHAPTER 8: COMPANY PROFILES
- 8.1. Plascore
- 8.1.1. Company overview
- 8.1.2. Key Executives
- 8.1.3. Company snapshot
- 8.1.4. Operating business segments
- 8.1.5. Product portfolio
- 8.2. The Gill Corporation
- 8.2.1. Company overview
- 8.2.2. Key Executives
- 8.2.3. Company snapshot
- 8.2.4. Operating business segments
- 8.2.5. Product portfolio
- 8.3. Schtz GmbH & Co. KGaA
- 8.3.1. Company overview
- 8.3.2. Key Executives
- 8.3.3. Company snapshot
- 8.3.4. Operating business segments
- 8.3.5. Product portfolio
- 8.4. Hexcel Corporation
- 8.4.1. Company overview
- 8.4.2. Key Executives
- 8.4.3. Company snapshot
- 8.4.4. Operating business segments
- 8.4.5. Product portfolio
- 8.4.6. Business performance
- 8.5. Toray Advanced Composites
- 8.5.1. Company overview
- 8.5.2. Key Executives
- 8.5.3. Company snapshot
- 8.5.4. Operating business segments
- 8.5.5. Product portfolio
- 8.6. Corex Honeycomb
- 8.6.1. Company overview
- 8.6.2. Key Executives
- 8.6.3. Company snapshot
- 8.6.4. Operating business segments
- 8.6.5. Product portfolio
- 8.7. Argosy International
- 8.7.1. Company overview
- 8.7.2. Key Executives
- 8.7.3. Company snapshot
- 8.7.4. Operating business segments
- 8.7.5. Product portfolio
- 8.8. Euro-Composites
- 8.8.1. Company overview
- 8.8.2. Key Executives
- 8.8.3. Company snapshot
- 8.8.4. Operating business segments
- 8.8.5. Product portfolio
- 8.9. Showa Aircraft Industry Co., Ltd
- 8.9.1. Company overview
- 8.9.2. Key Executives
- 8.9.3. Company snapshot
- 8.9.4. Operating business segments
- 8.9.5. Product portfolio
- 8.9.6. Business performance
- 8.10. Honylite
- 8.10.1. Company overview
- 8.10.2. Key Executives
- 8.10.3. Company snapshot
- 8.10.4. Operating business segments
- 8.10.5. Product portfolio
- 8.11. RelCore Composites Inc.
- 8.11.1. Company overview
- 8.11.2. Key Executives
- 8.11.3. Company snapshot
- 8.11.4. Operating business segments
- 8.11.5. Product portfolio
- 8.12. fabrinox
- 8.12.1. Company overview
- 8.12.2. Key Executives
- 8.12.3. Company snapshot
- 8.12.4. Operating business segments
- 8.12.5. Product portfolio
- 8.13. TCCORE APPLIED HONEYCOMB TECHNOLOGY CO., LTD.
- 8.13.1. Company overview
- 8.13.2. Key Executives
- 8.13.3. Company snapshot
- 8.13.4. Operating business segments
- 8.13.5. Product portfolio