Global Aluminum Honeycomb Market By Type (High Quality Grade, and Regular Grade), By Application (Aerospace, Marine, Defense, Automotive, and Construction), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Aluminum Honeycomb Market Overview

The global aluminum honeycomb market is projected to be USD 775.2 Mn in 2020 to reach USD 1,631.9 Mn by 2029 at a CAGR of 8.6%.

Market.us announces the publication of its most recently generated research report titled, “Global Aluminum Honeycomb Market by Process (PAA, Non-PAA), By Application (Roof/Ceiling Panels, Doors, Working Surfaces, and Other Applications), By End-User (Aerospace & Defense, Automotive, Building & Construction, and Other End-Users), and by Region – Global Forecast to 2030”, which offers a holistic view of the global aluminum honeycomb market through systematic segmentation that covers every aspect of the target market.

Aluminum honeycomb is a lightweight core material with excellent strength, corrosion and fire resistance, energy efficiency, and effective insulation. An aluminum honeycomb panel is an artificial structure made by laying a layer of honeycomb material between two thin layers to provide tensile strength. Due to its strong and light properties, aluminum is the most preferred metal for making honeycomb structures. Moreover, it can be easily recycled with minimal material waste. This unique material is an excellent solution for various applications and has been widely accepted in many industries, such as aerospace and defense, automotive, marine, and construction. Honeycomb production is a simple and straightforward process, which includes various methods, namely, expansion, wrinkling, and molding. Honeycomb is most commonly used as the center of sandwich structure composite materials. This sandwich from effectively combines the high strength and lightweight characteristics of honeycomb.

Global Aluminum Honeycomb Market Revenue (US$ Mn), 2020–2030

The properties of aluminum honeycomb, such as mechanical stability, strength, and lightness, provide design flexibility, allowing designers and architects to use these panels instead of fragile and bulky materials.

The honeycomb can be designed and manufactured into units with various shapes, sizes, and configurations. From increased flexibility to high strength, proper honeycomb design can be adapted to any specification. Prefabricated parts provided by multiple significant players and customized services manufactured to size and specifications can minimize metal cutting time and on-site installation uncertainty. This is one of the crucial factors expected to drive the growth of the global target market beyond expectations.

The global aluminum honeycomb market is segmented on process, application, end-user, and region. Based on the process, the market is segmented into PAA and Non-PAA. The PAA segment accounts for the majority share and is expected to witness significant revenue share over the forecast period. Based on the application, the market is segmented into roof/ceiling panels, doors, working surfaces, and other applications. The roof/ceiling panels segment accounts for a significant revenue share in the next coming years. Based on end-user, the market is segmented into aerospace & defense, automotive, building & construction, and other end-users. The aerospace & defense segment accounts for a majority share in the global aluminum honeycomb market.

Global Aluminum Honeycomb Market Attractiveness Analysis by Form, 2014–2030

By region, the market is segmented into North America, Europe, APAC, South America, and Middle East Africa. Based on the region, the Asia Pacific market is estimated to account for a major revenue share and is projected to dominate the global Aluminum Honeycomb market in the coming years.

The research report on the global Aluminum Honeycomb market includes profiles of some of the major companies such as

• Hexcel Corporation
• Showa Aircraft Inc
• Alucoil, Argosy International Inc
• EconCore, EURO-COMPOSITES
• Imatec Sr
• The Gill Corporation
• Plascore Inc.
• Encocam Ltd
• Universal Metaltek
• Aludecor, Benecor, Inc.

For the Aluminum Honeycomb Market research study, the following years have been considered to estimate the market size: