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  • Writer's pictureswati patil

Core Materials Market, Global Outlook and Forecast 2023-2032

The global Core Materials market was valued at US$ 1259.7 million in 2022 and is projected to reach US$ 1744.2 million by 2029, at a CAGR of 4.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


This report aims to provide a comprehensive presentation of the global market for 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 Core Materials. This report contains market size and forecasts of Core Materials in global, including the following market information:



  • Global Core Materials Market Revenue, 2018-2023, 2024-2032, ($ millions)

  • Global Core Materials Market Sales, 2018-2023, 2024-2032, (K Units)


Global top five Core Materials companies in 2022 (%)

The global core materials market for composites is segmented on the basis of type, end-use industry, and region. Based on type, the core materials market for composites has been further segmented into foam, honeycomb, and balsa. Foam is expected to be the fastest-growing type segment of the core materials market for composites. Foam core imparts strength and stiffness while keeping the composite structure lightweight. Rapid growth in the wind energy industry, wind turbine blade manufacturing, and emergence of China and Others Asian countries as major wind energy producers are factors fueling the consumption of foam core, thereby driving the core materials market for composites at a significant pace.

We surveyed the 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 Core Materials Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)

Global Core Materials Market Segment Percentages, by Type, 2022 (%)


  • Foam

  • Honeycomb

  • Balsa

Global Core Materials Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)

Global Core Materials Market Segment Percentages, by Application, 2022 (%)


  • Aerospace

  • Wind Energy

  • Marine

  • Transportation

  • Construction

  • Others

Global Core Materials Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)

Global 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 Core Materials revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Core Materials revenues share in global market, 2022 (%)

  • Key companies Core Materials sales in global market, 2018-2023 (Estimated), (K Units)

  • Key companies Core Materials sales share in global market, 2022 (%)

Key players include:


  • Diab Group (Ratos)

  • Evonik Industries AG

  • Gurit Holding AG

  • 3A Composites

  • Hexcel Corporation

  • Armacell International S.A.

  • Changzhou Tiansheng New Materials Co. Ltd

  • The Gill Corporation

  • Euro-Composites S.A.

  • Plascore Incorporated


Outline of Major Chapters:

Chapter 1: Introduces the definition of Core Materials, market overview.

Chapter 2: Global Core Materials market size in revenue and volume.

Chapter 3: Detailed analysis of 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 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 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.


Table of content

1 Introduction to Research & Analysis Reports 1.1 Core Materials Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Core Materials Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Core Materials Overall Market Size 2.1 Global Core Materials Market Size: 2022 VS 2032 2.2 Global Core Materials Revenue, Prospects & Forecasts: 2018-2032 2.3 Global Core Materials Sales: 2018-2032 3 Company Landscape 3.1 Top Core Materials Players in Global Market 3.2 Top Global Core Materials Companies Ranked by Revenue 3.3 Global Core Materials Revenue by Companies 3.4 Global Core Materials Sales by Companies 3.5 Global Core Materials Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Core Materials Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Core Materials Product Type 3.8 Tier 1, Tier 2 and Tier 3 Core Materials Players in Global Market 3.8.1 List of Global Tier 1 Core Materials Companies 3.8.2 List of Global Tier 2 and Tier 3 Core Materials Companies 4 Sights by Product 4.1 Overview 4.1.1 By Type - Global Core Materials Market Size Markets, 2022 & 2032 4.1.2 Foam 4.1.3 Honeycomb

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