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Core Materials Market for Composites Analysis | 2025-2030
Core Materials Market for Composites Size, Share, Trends, Dynamics, Forecast, & Growth Analysis: 2025-2030
The core materials market for composites was estimated at USD 1.8 billion in 2024 and is likely to grow at a CAGR of 13.4% during 2025-2030 to reach USD 3.8 billion in 2030.
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Core Materials for Composites are known to be materials with low strength. But due to their higher thickness offers higher stiffness even with lower density.
Core Materials with Composites can be of various types such as foam, honeycomb, or balsa. They are used mostly in aerospace, wind energy, marine, transportation, construction, and others.
Growing manufacturing industries, increasing patents by companies, and new product unveilings are the factors that are underpinning the growth of the core materials market for composites globally.
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Segmentations |
List of Sub-Segments |
Segments with High Growth Opportunity |
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Type Analysis |
Foam, Honeycomb, and Balsa |
Foam is estimated to be the fastest-growing segment in the coming five years. |
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End-User Type Analysis |
Aerospace, Wind Energy, Marine, Transportation, Construction, and Others |
The wind energy segment is estimated to lead the market during the forecast period. |
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Regional Analysis |
North America, Europe, Asia-Pacific, and Rest of the World |
North America dominated the market for core materials for composites in 2024. The region is also expected to retain its dominance during the forecast period. |
Based on the type, the market is segmented as foam, honeycomb, and balsa. Foam is estimated to be the fastest-growing segment in the coming five years. Rapid progression of wind energy industry and wind turbine blade manufacturing drives the growth of this segment.
Based on the end-user type, the market is segmented as aerospace, wind energy, marine, transportation, construction, and others. The wind energy segment is estimated to lead the market during the forecast period. The growth is attributed to the high demand for core materials for composites by various end-use industries such as wind energy for designing and manufacturing of blades for large wind turbines.
In terms of regions, North America dominated the market for core materials for composites in 2024. The region is also expected to retain its dominance during the forecast period. The market is sustained by the growing demand for core materials for composites by various end-use industries, especially by the wind energy industry. Asia-Pacific is also expected to offer considerable growth opportunities during the forecast period. China and India are the growth engines of the region.
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Some of the core materials for composite manufacturers are:
Note: The above list does not necessarily include all the top players in the market.
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This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s core materials market for composites realities and future market possibilities for the forecast period of 2025 to 2030. After a continuous interest in our core materials market for composites report from the industry stakeholders, we have tried to further accentuate our research scope to the core materials market for composites to provide the most crystal-clear picture of the market. The report segments and analyses the market in the most detailed manner to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
This report studies the market, covering a period of 12 years of trends and forecasts. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
The core materials market for composites is segmented into the following categories.
By Type
By End-Use Industry Type
By Region
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected].
Core Materials for Composites are known to be materials with low strength. But due to their higher thickness offers higher stiffness even with lower density. Core Materials with Composites can be of various types such as foam, honeycomb, or balsa. They are used mostly in aerospace, wind energy, marine, transportation, construction, and others.
The core materials market for composites was estimated at USD 1.8 billion in 2024.
The forecasted value of the core materials market for composites is expected to be USD 3.8 billion in 2030.
The core materials market for composites is likely to grow at a CAGR of 13.4% during 2025-2030.
In terms of regions, North America dominated the market for core materials for composites.
Some of the core materials for composite manufacturers are Diab Group, Evonik Industries AG, Gurit Holding AG, Hexcel Corporation, Armacell International S.A., Changzhou Tiansheng New Materials Co. Ltd., The Gill Corporation, Euro-Composites S.A., Plascore Incorporated, and BASF SE.
Growing manufacturing industries, increasing patents by companies, and new product unveilings are the factors that are underpinning the growth of the core materials market for composites globally.
The wind energy segment is estimated to lead the market during the forecast period.
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