The global marine structural core materials market is projected to witness a growth rate of 2.7% annually from 2025 to 2031, with an anticipated size of US$ 147.6 million by 2031, according to an analysis by Stratview Research.
Stratview Research, a global market research firm has launched a report on the global marine structural core materials market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
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Market Statistics:
Market Size in 2024: US$ 120.4 million
Market Size in 2031: US$ 147.6 million
Growth (CAGR): 2.7% during 2025-2031
Leading Boat Type: Outboard Boat
Leading Core Material Type: PVC
Leading Region: North America
Forecast Period: 2025-2031
Trend Period: 2019-2023
Base Year: 2024
Number of Segments Covered: 3
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the Marine Structural Core Materials Market:
The global marine structural core materials market is segmented based on boat type, core material type and region.
Based on boat type - The market is segmented into Outboard Boats, Sterndrive Boats, PWCs, and other boat types. Outboard boats are expected to remain the biggest demand generator for core materials during the forecast period. There has been a growing penetration of fiberglass boats in the outboard category. Also, there has been a paradigm shift from sterndrive to outboard boats.
Based on core material type – The market is segmented into PVC, SAN, PET, and balsa. The PVC core offers excellent moisture resistance and cost-effectiveness with excellent durability, which helped to reign its position in the market. PET core held a niche share of the market in 2024; however, it is anticipated to experience the fastest growth during the forecast period. SAN holds a fair share, but there has been a gradual shift from SAN and PVC to PET cores.
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Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that North America is expected to remain the largest market for marine structural core materials during the forecast period. This growth outlook is majorly attributed to the following–
Marine Structural Core Materials Market Drivers:
Some of the key drivers listed in the report are given below.
Top Companies in the Marine Structural Core Materials Market:
Stratview Research has identified the following companies as the top market players.
What Unique Insights Does This Report Offer?
This report provides comprehensive insights into the market, answering critical questions like
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