The core materials refer to the central component of sandwich construction. The well-known core materials used in sandwich construction are honeycomb, foam, and balsa. This core material absorbs the shear forces generated by out of planeloads, distributing between the skins and spreading them over a larger area, while maintaining the skins at a fixed distance. The core’s function is to support the skins so that they do not deform inwardly or outwardly to keep them in a relative position to each other. The core materials can be made of a variety of materials such as wood, aluminum, and a variety of foams.
The market recorded a relatively low decline in the demand for composite materials in the marine industry as compared with the one registered during The Great Recession. The marine structural core materials market witnessed a plunge of -6.9% in 2020 due to the COVID-19 outbreak. An expected recovery in the economy, growing USA’s powerboat sales, increased preference for outdoor recreational activity amid the pandemic, and excellent performance of composites are likely to help the stakeholders to log the quick market recovery. Stratview Research estimates the global marine structural core materials market may record an impressive CAGR of 6.6% over the next five years to reach US$ 180 Million in 2026. Boating is a preferred choice for recreation in the New Normal, there has been a surge in the number of first-time buyers amid the pandemic. Based on recent NMMA estimates, about 4,15,000 first-time boat buyers entered the market in the USA in 2020.
_59309.jpg "Marine Structural Core Materials Market Graphical Representation")
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