Get latest information on Pacific Bedrock providing a forecast on global honeycomb core materials market.
Online PR News – 13-October-2017 – Guangdong, China – The international honeycomb core materials industry is predicted to grow at a Compound Annual Growth Rate or CAGR of 7.9% from the year 2016 to 2021. The key factor behind the development of this business is vastly mushrooming demand for lightweight materials in the aerospace and defense businesses. Evolving trends, which put a straightforward effect on the dynamics of the industry, include incorporation of lightweight rubber membrane in honeycomb cores to cut down the noise in an airplane and cost-effective Manufacturing Of Honeycomb Core with standardized skin bonding.
Within the honeycomb core materials market, the aerospace segment is expected to remain the largest application by both value and volume. The projected growth in aircraft manufacturing and growing demand for lightweight materials in up-to-the-minute aircraft to cut down the structural weight and turn around fuel economy are the key driving forces that step up the growth for this segment over the forecast period.
It is guessed that North America is likely to stay the leading market at the time of the forecast period as a result of the presence of key aerospace Original Equipment Manufacturers (OEMs) and part fabricators and mushrooming demand for lightweight materials. Asia Pacific is expected to witness the maximum development over the forecast period because of growth of end user industries and the fast mushrooming use of lightweight materials in aerospace.
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About Pacific Bedrock
Pacific Bedrock deals in creating, designing and supplying all types of lightweight stone panels including marble honeycomb panels, brick honeycomb panels, Granite Honeycomb Panels, sandstone honeycomb panels etc.