Global Aluminium Honeycomb Panel Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2023

Industry : Chemical and Material Date : January 30th, 2018
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The global Aluminium honeycomb panel market is expected to grow significantly from USD 357.0 million in 2016, to USD 741.7 million in 2023, at a CAGR of 11.04% from 2017 to 2023. The growth of the Aluminium honeycomb panel across the globe is primarily driven by increasing budget for defense sector and growing demand for aluminum honeycomb panel across various industries. The years used for the assessment are as follows;

  • Historical year  : 2013, 2014, 2015
  • Base year      : 2016
  • Forecast period : 2017 – 2023

RESEARCH METHODOLOGY

The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources.
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them.
  • Study of past trends in the market and their year on year Impact on the market size and share.
  • Analyzing the collected data points.
  • Bridging the data points to calculate the total Aluminium honeycomb panel market and it various segments.
  • Anticipating potential risks.
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the Aluminium honeycomb panel market.
  • Finalizing the overall size and share for the global Aluminium honeycomb panel market.

OBJECTIVES:

  • To classify the global Aluminium honeycomb panel market into segments by Product, Application, End-User, Region and analyze their growth prospects individually.
  • To analyze market trends, opportunities, drivers and restraints associated with the Aluminium honeycomb panel market.
  • Profiling key companies operating in the global Aluminium honeycomb panel market.
  • To study market response with respect to the mergers and acquisitions in the industry.

MARKET SCOPE

The research scope for global Aluminium honeycomb panel market is as follows:

By Product

  • Standard Aluminum Panels
  • Structural Panels

By Application

  • Curtain Wall
  • Cladding
  • Elevator Panels
  • Roof Ceiling
  • Shelves
  • Facade
  • Others

By Application

  • Construction
  • Display
  • Defence
  • Aerospace
  • Transportation
  • Marine
  • Others 

By Region 

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa (MEA)

Global Aluminium honeycomb panel market is expected to grow from USD 357.0 million in 2016, to USD 741.7 million by 2023, at a CAGR of 11.4% from 2017 to 2023. The key factor driving the growth of the Aluminium honeycomb panel markets includes growing usage of lightweight material in automotive, construction and aerospace industry, increasing budget for defense sector and growing demand for aluminum honeycomb panel across various industries. Aluminum honeycomb structure finds application across various industries including construction, aerospace, defense, wood furniture and automotive. The panels are used as a core, sandwich panel and number of working surfaces.

Aluminium honeycomb panel are composite material with honeycomb geometry reducing the amount of material needed. The panels are lightweight and have high strength providing easy handling and installation to match any design. Aluminium honeycomb panel in Aerospace application is accounted to hold the major share of the market in 2016. The use of aluminium honeycomb panels provides better strength to weight ratio as compared to any other material. Demand for aluminium honeycomb panel by construction industry is expected to grow at significant rate over the forecast period .Owing to excellent properties these panels are preferred for innovative and artistic ceiling and wall claddings.

Asia-Pacific represents largest region for the growth of Aluminium honeycomb panel market. More government and private spending in defence, aerospace and industrial sector has led to the adoption of smart material, thus increasing demand for aluminium honeycomb panel across these industries. China, India and Japan are the key regional markets in the region offering pool of opportunities for the manufacturers. The production of aluminium honeycomb composite material has seen high in the china and is expected to increase at significant rate. North America the second largest region in the global aluminum honeycomb market is expected to generate the demand for aluminium honeycomb panels at healthy rate. The increasing demand is attributed to presence of well-established aerospace, defense and construction sector.

Some of the leading players in global Aluminium honeycomb panel market include COREX-Honeycomb, 3A Composites Holding AG, The Gill Corporation, Hexcel Corporation, Pacific Panels, Inc., Guangzhou Aloya Renoxbell Aluminum Co., Ltd., Benecor, Inc., and 3M Company are among others.

TABLE OF CONTENTS

CHAPTER 1. Market Scope and Methodology

1.1. Market Definition

1.2. Market Segmentation

1.2.1. Market Breakdown, By Product

1.2.2. Market Breakdown, By Application

1.2.3. Market Breakdown, By End-Use

1.2.4. Market Breakdown, By Region

1.3. Research Methodology

1.3.1. Initial Data Search

1.3.2. Secondary Research

1.3.3. Primary Research

1.3.4. Scope and Assumptions

1.4. Sources

1.5. Executive Summary

CHAPTER 2. Market Outlook

2.1. Introduction

2.2. Market Outlook

2.2.1. Opportunities

2.2.1.1. Introduction of 3D printing technology opens pool of opportunity for honeycomb panel market

2.2.1.2. Application in renewable energy

2.2.2. Trends

2.2.2.1. Construction of light weight, strong and easy to install architecture

2.2.2.2. Use of smart materials by manufacturing industry

2.2.3. Growth Drivers

2.2.3.1. Increasing budget for defense sector across the globe

2.2.3.2. Growing demand for aluminum honeycomb panel across various industries

2.2.3.3. Growing usage of lightweight material in automotive, construction and aerospace industry

2.2.4. Impact Analysis of Drivers on Future Forecast of the Market

2.2.5. Restraints of the Market

2.2.5.1. High capital requirement

2.2.6. Impact Analysis of Restraints on Future Forecast of the Market

CHAPTER 3. Market Entry Strategy

3.1. PESTLE Analysis

3.2. Value Chain Analysis

3.3. Competitive Analysis

3.3.1. Company Market Share Analysis

3.3.2. Porter’s Five Forces Analysis

CHAPTER 4. Global Aluminium Honeycomb Panels Market Size and Forecast (2013 – 2023)

4.1. Global Aluminium Honeycomb Panels Market, By Product

4.1.1.1. Standard Aluminum Panels

4.1.1.2. Structural Panels

4.2. Global Aluminium Honeycomb Panels Market, By Application

4.2.1. Curtain Wall

4.2.2. Cladding

4.2.3. Elevator Panels

4.2.4. Roof Ceiling

4.2.5. Shelves

4.2.6. Facade

4.2.7. Others

4.3. Global Aluminium Honeycomb Panels Market, By End-Use

4.3.1. Construction

4.3.2. Display

4.3.3. Defence

4.3.4. Aerospace

4.3.5. Transportation

4.3.6. Marine

4.3.7. Other

4.4. Global Aluminium Honeycomb Panels Market, By Region

4.4.1. North America

4.4.2. Europe

4.4.3. Asia-Pacific

4.4.4. South America

4.4.5. Middle East and Africa (MEA)

CHAPTER 5. Global Aluminium Honeycomb Panel Market, By Geography

5.1. North America Aluminium Honeycomb Panel Market

5.1.1. North America Aluminium Honeycomb Panel Market, By Product ($ Million )

5.1.2. North America Aluminium Honeycomb Panel Market, By Application ($ Million )

5.1.3. North America Aluminium Honeycomb Panel Market, By End-Use ($ Million )

5.1.4. North America Aluminium Honeycomb Panel Market, By Country ($ Million )

5.1.4.1. The U.S.

5.1.4.2. Canada

5.1.4.3. Rest of North America

5.2. Europe Aluminium Honeycomb Panel Market

5.2.1. Europe Aluminium Honeycomb Panel Market, By Product ($ Million )

5.2.2. Europe Aluminium Honeycomb Panel Market, By Application ($ Million )

5.2.3. Europe Aluminium Honeycomb Panel Market, By End-Use ($ Million )

5.2.4. Europe Aluminium Honeycomb Panel Market, By Country ($ Million)

5.2.4.1. Germany

5.2.4.2. France

5.2.4.3. The U.K.

5.2.4.4. Italy

5.2.4.5. Spain

5.2.4.6. Rest of Europe

5.3. Asia-Pacific Aluminium Honeycomb Panel Market

5.3.1. Asia-Pacific Aluminium Honeycomb Panel Market, By Product ($ Million )

5.3.2. Asia-Pacific Aluminium Honeycomb Panel Market, By Application ($ Million )

5.3.3. Asia-Pacific Aluminium Honeycomb Panel Market, By End-Use ($ Million )

5.3.3. Asia-Pacific Aluminium Honeycomb Panel Market, By Country ($ Million )

5.3.3.1. China

5.3.3.2. Japan

5.3.3.3. India

5.3.3.4. South Korea

5.3.3.5. Rest of Asia-Pacific

5.4. South America Aluminium Honeycomb Panel Market

5.4.1. South America Aluminium Honeycomb Panel Market, By Product ($ Million )

5.4.2. South America Aluminium Honeycomb Panel Market, By Application ($ Million )

5.4.3. South America Aluminium Honeycomb Panel Market, By End-use ($ Million )

5.4.4. South America Aluminium Honeycomb Panel Market, By Country ($ Million )

5.4.4.1. Brazil

5.4.4.2. Argentina

5.4.4.3. Rest of South America

5.5. MEA Aluminium Honeycomb Panel Market

5.5.1. MEA Aluminium Honeycomb Panel Market, By Product ($ Million )

5.5.2. MEA Aluminium Honeycomb Panel Market, By Application ($ Million )

5.5.3. MEA Aluminium Honeycomb Panel Market, By End-use ($ Million )

5.5.4. MEA Aluminium Honeycomb Panel Market, By Country ($ Million )

5.5.4.1. South Africa

5.5.4.2. UAE

5.5.4.3. Egypt

5.5.4.4. Rest of South America

CHAPTER 6. Key Players and Strategic Developments

6.1. Novelis

6.1.1. Business Overview

6.1.2. Product and Service Offering

6.1.3. Financial Overview

6.1.4. SWOT Analysis

6.1.5. Strategic Developments

6.2. PortaFab

6.2.1. Business Overview

6.2.2. Product and Service Offering

6.2.3. Financial Overview

6.2.4. SWOT Analysis

6.2.5. Strategic Developments

6.3. Alcoa

6.3.1. Business Overview

6.3.2. Product and Service Offering

6.3.3. Financial Overview

6.3.4. SWOT Analysis

6.3.5. Strategic Developments

6.4. 3A Composites Holding AG

6.4.1. Business Overview

6.4.2. Product and Service Offering

6.4.3. Financial Overview

6.4.4. SWOT Analysis

6.4.5. Strategic Developments

6.5. Eco Earth Solutions

6.5.1. Business Overview

6.5.2. Product and Service Offering

6.5.3. Financial Overview

6.5.4. SWOT Analysis

6.5.5. Strategic Developments

6.6. RENOXBELL Aluminum Industrial

6.6.1. Business Overview

6.6.2. Product and Service Offering

6.6.3. Financial Overview

6.6.4. SWOT Analysis

6.6.5. Strategic Developments

6.7. Pacific panels Inc.

6.7.1. Business Overview

6.7.2. Product and Service Offering

6.7.3. Financial Overview

6.7.4. SWOT Analysis

6.7.5. Strategic Developments

6.8. Flatiron Panel Products

6.8.1. Business Overview

6.8.2. Product and Service Offering

6.8.3. Financial Overview

6.8.4. SWOT Analysis

6.8.5. Strategic Developments

6.9. Foshan Fuige Honeycomb Products

6.9.1. Business Overview

6.9.2. Product and Service Offering

6.9.3. Financial Overview

6.9.4. SWOT Analysis

6.9.5. Strategic Developments

6.10. Hexcel Corporation

6.10.1. Business Overview

6.10.2. Product and Service Offering

6.10.3. Financial Overview

6.10.4. SWOT Analysis

6.10.5. Strategic Developments

6.11. Abbreviations

Global Aluminium Honeycomb Panel Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2023