Balsa Core Materials Market by Type, End-user, and Geography - Forecast and Analysis 2023-2027

Published: Oct 2023 Pages: 147 SKU: IRTNTR75253

Balsa Core Materials Market Forecast 2023-2027

The balsa core materials market is estimated to increase by USD 74.2 million between 2022 and 2027. The market size is forecasted to grow at a CAGR of 5.83%. The growth of the market depends on several factors, including the growth of the shipbuilding industry, the increasing demand for balsa wood sheets from end-user industries, and the advantages of balsa core materials.

What will be the Size of the Balsa Core Materials Market During the Forecast Period?

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Key Drivers, Trends, Challenges, and Customer Landscape

The growth of the shipbuilding industry is notably driving market growth, although factors such as the presence of substitutes for the materials may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Driver

The growth of the shipbuilding industry is notably driving market growth. The shipbuilding industry is a major consumer of the materials. In this industry, balsa core materials are used to manufacture the interior structure, decks, and floors of the ship. Thus, the growth of the shipbuilding industry, along with the addition of new ships, will drive the demand for materials in the shipbuilding industry during the forecast period.

The shipbuilding industry has witnessed rapid growth since the last decade owing to the growth in global FDI flows, seaborne trade, and expanding businesses of multinational companies. Various countries, such as India, China, and the US, have been developing their shipbuilding industry. Thus, new ship manufacturing and an increase in the repair and maintenance of old ships are expected to drive market growth during the forecast period. New shipping hubs in Vietnam, the Philippines, and India will also drive the growth of the shipbuilding industry. Therefore, the growth of the shipbuilding industry is expected to fuel the growth of the global market during the forecast period.

Significant Trends

The rising number of offshore wind farm installations is a key trend shaping the market growth. Offshore wind projects have gained momentum in the past few years owing to an increase in demand for the installation of clean and sustainable energy sources globally. However, the full potential of offshore wind projects is yet to be determined. The adoption of offshore wind farms is rising rapidly, owing to better operational conditions when compared to onshore wind farms.

Offshore wind power plants have a higher annual generating capacity compared to onshore wind power plants. Offshore wind farms allow the installation of large turbines, which leads to higher outputs. Thus, the growing focus on offshore wind farm installations will fuel the demand for wind turbine blades. This will increase the application of the materials for the manufacturing of wind turbine blades, which, in turn, will support market growth during the forecast period.

Major Challenge

The presence of substitutes for the materials may impede market growth. Various composite materials, including foam, are used as substitutes for the materials. Therefore, vendors are incorporating foam for manufacturing turbine blades. This, in turn, will negatively impact the demand for the materials. For instance, in February 2021, Diab Group selected SABIC's new LNP COLORCOMP to reduce weight and improve the mechanical properties of sandwich structures with polyethylene terephthalate (PET) foams.

PET foams are used as the core materials for wind turbine blades. They are less expensive when compared to the materials. In addition, they offer other benefits such as higher insulation, water resistance, and low weight. These advantages may harm the adoption of the materials among end-users. Therefore, the presence of substitute products may hinder market growth during the forecast period.

Key Market Customer Landscape

The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Balsa Core Materials Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Adhesive Technologies NZ Ltd. - The company offers balsa core materials namely ProBalsa.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Allred and Associates Inc.
  • Bodotex AS
  • Carbon Core Corp.
  • Composite Envisions LLC
  • CoreLite
  • Diab Group
  • Gurit Holding AG
  • I Core Composites LLC
  • LBI Inc.
  • Nord Compensati Srl
  • Schweiter Technologies AG
  • Sicomin Epoxy Systems
  • Specialized Balsa Wood LLC

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What are the Fastest-Growing Segments in the Market?

The market share growth by the monolayer segment will be significant during the forecast period. Monolayer balsa core material is easy to bond when used with resin or adhesive. Balsa core serves as an insulator, fire retardant, and noise reduction material in various industries.

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The monolayer segment was valued at USD 134.57 million in 2017 and continued to grow until 2021. Balsa core can handle changes in temperature and is highly resistant to chemicals. Monolayer balsa core materials can be used in various industries, such as wind energy, aerospace, construction, and marine, for different applications. Balsa core material is also used to make air cargo containers, floor panels, aircraft structures, and others. It is used in the automotive industry to make engine covers, panel structures, interior structures, and others. Several vendors offer monolayer materials for various applications in industries such as automotive, aerospace, and others. Therefore, the high application in end-user industries will drive the growth of the segment during the forecast period.

Which are the Key Regions for the Market?

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APAC is estimated to contribute 33% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The growth of the market in the region is attributed to factors such as the increasing demand for the materials from end-user industries such as shipbuilding, wind energy, construction, and aerospace. Developments in the maritime transportation sector are driving the regional shipbuilding industry. China, Japan, South Korea, Singapore, Thailand, and Malaysia are the key revenue contributors to market growth. These countries have various seaport hubs with high seaport traffic. The increasing number of trading activities in the region will drive the demand for new ships in the region. This, in turn, will fuel the demand to manufacture ship decks, interiors, and others.

Segment Overview

The market report forecasts market growth by revenue at global, regional, & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Type Outlook (USD Million, 2017 - 2027)
    • Monolayer 
    • Multilayer 
  • End-user Outlook (USD Million, 2017 - 2027)
    • Wind energy 
    • Aerospace 
    • Marine 
    • Others 
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Argentina
      • Brazil
      • Chile

Market Analyst Overview

The Market experiences significant growth driven by its application in Wind Energy Equipment and the Aerospace Industry. Sandwich Composite structures, known for their low density and high bending stiffness, are in high demand across various sectors. Governments' tax incentives and stimulus packages further stimulate market growth despite the high cost of these materials.

Recent developments focus on trade regulations and import-export analysis, optimizing the value chain, and catering to domestic and localized market players. Emerging revenue pockets and changes in market regulations present strategic growth opportunities, while product approvals, launches, and geographical expansions drive dominance. Technological innovations continue to shape industry trends, empowering market decisions with comprehensive volume information and market share analysis.

Balsa Core Materials Market Scope

Report Coverage

Details

Page number

147

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.83%

Market growth 2023-2027

USD 74.2 million

Market structure

Concentrated

YoY growth 2022-2023(%)

5.3

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 33%

Key countries

US, China, India, Germany, and France

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Adhesive Technologies NZ Ltd., Allred and Associates Inc., Bodotex AS, Carbon Core Corp., Composite Envisions LLC, CoreLite, Diab Group, Gurit Holding AG, I Core Composites LLC, LBI Inc., Nord Compensati Srl, Schweiter Technologies AG, Sicomin Epoxy Systems, and Specialized Balsa Wood LLC

Market dynamics

Parent market analysis, Market forecasting, market growth and trends, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market vendors

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global balsa core materials market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global balsa core materials market 2017 - 2021 ($ million)
    • 4.2 Type Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.3 End-User Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End-User Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 Monolayer - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Monolayer - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Monolayer - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Monolayer - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Monolayer - Year-over-year growth 2022-2027 (%)
    • 6.4 Multilayer - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Multilayer - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Multilayer - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Multilayer - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Multilayer - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Type
      • Exhibit 42: Market opportunity by Type ($ million)
      • Exhibit 43: Data Table on Market opportunity by Type ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 44: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 46: Chart on Comparison by End-user
      • Exhibit 47: Data Table on Comparison by End-user
    • 7.3 Wind energy - Market size and forecast 2022-2027
      • Exhibit 48: Chart on Wind energy - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Data Table on Wind energy - Market size and forecast 2022-2027 ($ million)
      • Exhibit 50: Chart on Wind energy - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on Wind energy - Year-over-year growth 2022-2027 (%)
    • 7.4 Aerospace - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Aerospace - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Aerospace - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Aerospace - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Aerospace - Year-over-year growth 2022-2027 (%)
    • 7.5 Marine - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Marine - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Marine - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Marine - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Marine - Year-over-year growth 2022-2027 (%)
    • 7.6 Others - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by End-user
      • Exhibit 64: Market opportunity by End-user ($ million)
      • Exhibit 65: Data Table on Market opportunity by End-user ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 France - Market size and forecast 2022-2027
      • Exhibit 103: Chart on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.12 India - Market size and forecast 2022-2027
      • Exhibit 107: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ million)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 Adhesive Technologies NZ Ltd.
              • Exhibit 119: Adhesive Technologies NZ Ltd. - Overview
              • Exhibit 120: Adhesive Technologies NZ Ltd. - Product / Service
              • Exhibit 121: Adhesive Technologies NZ Ltd. - Key offerings
            • 12.4 Allred and Associates Inc.
              • Exhibit 122: Allred and Associates Inc. - Overview
              • Exhibit 123: Allred and Associates Inc. - Product / Service
              • Exhibit 124: Allred and Associates Inc. - Key offerings
            • 12.5 Bodotex AS
              • Exhibit 125: Bodotex AS - Overview
              • Exhibit 126: Bodotex AS - Product / Service
              • Exhibit 127: Bodotex AS - Key offerings
            • 12.6 Carbon Core Corp.
              • Exhibit 128: Carbon Core Corp. - Overview
              • Exhibit 129: Carbon Core Corp. - Product / Service
              • Exhibit 130: Carbon Core Corp. - Key offerings
            • 12.7 Composite Envisions LLC
              • Exhibit 131: Composite Envisions LLC - Overview
              • Exhibit 132: Composite Envisions LLC - Product / Service
              • Exhibit 133: Composite Envisions LLC - Key offerings
            • 12.8 CoreLite
              • Exhibit 134: CoreLite - Overview
              • Exhibit 135: CoreLite - Product / Service
              • Exhibit 136: CoreLite - Key offerings
            • 12.9 Diab Group
              • Exhibit 137: Diab Group - Overview
              • Exhibit 138: Diab Group - Product / Service
              • Exhibit 139: Diab Group - Key offerings
            • 12.10 Gurit Holding AG
              • Exhibit 140: Gurit Holding AG - Overview
              • Exhibit 141: Gurit Holding AG - Business segments
              • Exhibit 142: Gurit Holding AG - Key offerings
              • Exhibit 143: Gurit Holding AG - Segment focus
            • 12.11 I Core Composites LLC
              • Exhibit 144: I Core Composites LLC - Overview
              • Exhibit 145: I Core Composites LLC - Product / Service
              • Exhibit 146: I Core Composites LLC - Key offerings
            • 12.12 LBI Inc.
              • Exhibit 147: LBI Inc. - Overview
              • Exhibit 148: LBI Inc. - Product / Service
              • Exhibit 149: LBI Inc. - Key offerings
            • 12.13 Nord Compensati Srl
              • Exhibit 150: Nord Compensati Srl - Overview
              • Exhibit 151: Nord Compensati Srl - Product / Service
              • Exhibit 152: Nord Compensati Srl - Key offerings
            • 12.14 Schweiter Technologies AG
              • Exhibit 153: Schweiter Technologies AG - Overview
              • Exhibit 154: Schweiter Technologies AG - Business segments
              • Exhibit 155: Schweiter Technologies AG - Key offerings
              • Exhibit 156: Schweiter Technologies AG - Segment focus
            • 12.15 Sicomin Epoxy Systems
              • Exhibit 157: Sicomin Epoxy Systems - Overview
              • Exhibit 158: Sicomin Epoxy Systems - Product / Service
              • Exhibit 159: Sicomin Epoxy Systems - Key offerings
            • 12.16 Specialized Balsa Wood LLC
              • Exhibit 160: Specialized Balsa Wood LLC - Overview
              • Exhibit 161: Specialized Balsa Wood LLC - Product / Service
              • Exhibit 162: Specialized Balsa Wood LLC - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 163: Inclusions checklist
                • Exhibit 164: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 165: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 166: Research methodology
                • Exhibit 167: Validation techniques employed for market sizing
                • Exhibit 168: Information sources
              • 13.5 List of abbreviations
                • Exhibit 169: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              balsa core materials market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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