Honeycomb Sandwich Panels Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The market is segmented by Core Type (Aluminium, Aramid, Thermoplastic, and Other Core Types), End-user Industry (Aerospace and Defense, Automotive, Construction, Marine, and Other End-user Industries), Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa)

Honeycomb Sandwich Panels Market Size

Honeycomb Sandwich Panels Market - Market Summary

Compare market size and growth of Honeycomb Sandwich Panels Market with other markets in Chemicals & Materials Industry

Honeycomb Sandwich Panels Market Analysis

The Honeycomb Sandwich Panels Market is expected to register a CAGR of less than 10% during the forecast period.

  • The higher cost of the products is expected to hinder the market.
  • Asia-Pacific dominated the market across the globe with the largest consumption in country such as China, India, etc.

North America to Dominate the Market

  • North America holds the highest market share for honeycomb sandwich panels in 2017. The demand is mainly due to the growing end-user industries in the region, such as aerospace & defense, and construction.
  • The United States aerospace sector is the largest in the world and according to the Federal Aviation Administration (FAA), the total commercial aircraft fleet is expected to reach more than 8,000 in 2038, owing to the growth in air cargo.
  • Furthermore, the huge sized construction industry is also instrumental in creating a significant demand for silicate coatings in the United States. The U.S. construction industry is among the world's largest, with annual expenditures of over USD 1,294 billion in 2018.The construction industry has shown steady growth over 2019 and this is projected to continue at a rate of 4.5% through 2020.
  • The booming manufacturing of commercial and passenger aircraft along with the consistently growing exports of aircraft, construction industry, among others is expected to boost the demand for honeycomb sandwich panels during the forecast period.
Honeycomb Sandwich Panels Market Regional Trends

Honeycomb Sandwich Panels Industry Overview

The honeycomb sandwich panels market is fragmented. Some of the major players include Hexcel Corporation, The Gill Corporation, Corex Honeycomb, EconCore, and Liming Honeycomb Composites Co., Ltd., among others.

Honeycomb Sandwich Panels Market Leaders

  1. Hexcel Corporation

  2. The Gill Corporation

  3. Corex Honeycomb

  4. EconCore

  5. Liming Honeycomb Composites Co., Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Honeycomb Sandwich Panels Market - market concentration.png
Need More Details on Market Players and Competitors?
Download PDF

Honeycomb Sandwich Panels Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Increasing Demand for Lightweight Materials in aircraft Manufacturing
    • 4.1.2 Growing Demand for Reducing Weight in Rail Vehicles
  • 4.2 Restraints
    • 4.2.1 Higher Cost of the Products
    • 4.2.2 Impact of COVID-19 Pandemic
  • 4.3 Industry Value-Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION

  • 5.1 Core Type
    • 5.1.1 Aluminum
    • 5.1.2 Aramid
    • 5.1.3 Thermoplastic
    • 5.1.4 Other Core Types
  • 5.2 End-user Industry
    • 5.2.1 Aerospace and Defense
    • 5.2.2 Automotive
    • 5.2.3 Construction
    • 5.2.4 Marine
    • 5.2.5 Other End-user Industries
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 Italy
    • 5.3.3.4 France
    • 5.3.3.5 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share Analysis**
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 Alucoil
    • 6.4.2 B.S. Innovation
    • 6.4.3 Corex Honeycomb
    • 6.4.4 EconCore
    • 6.4.5 General Veneer Manufacturing Co.
    • 6.4.6 Hexcel Corporation
    • 6.4.7 Honylite
    • 6.4.8 Liming Honeycomb Composites Co., Ltd.
    • 6.4.9 Pacfic Panels
    • 6.4.10 The Gill Corporation
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Honeycomb Sandwich Panels Industry Segmentation

The honeycomb sandwich panels market report includes:

Core Type Aluminum
Aramid
Thermoplastic
Other Core Types
End-user Industry Aerospace and Defense
Automotive
Construction
Marine
Other End-user Industries
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
Italy
France
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
Need A Different Region or Segment?
Customize Now

Honeycomb Sandwich Panels Market Research FAQs

What is the current Honeycomb Sandwich Panels Market size?

The Honeycomb Sandwich Panels Market is projected to register a CAGR of less than 10% during the forecast period (2025-2030)

Who are the key players in Honeycomb Sandwich Panels Market?

Hexcel Corporation, The Gill Corporation, Corex Honeycomb, EconCore and Liming Honeycomb Composites Co., Ltd. are the major companies operating in the Honeycomb Sandwich Panels Market.

Which is the fastest growing region in Honeycomb Sandwich Panels Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Honeycomb Sandwich Panels Market?

In 2025, the North America accounts for the largest market share in Honeycomb Sandwich Panels Market.

What years does this Honeycomb Sandwich Panels Market cover?

The report covers the Honeycomb Sandwich Panels Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Honeycomb Sandwich Panels Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Our Best Selling Reports

Honeycomb Sandwich Panels Industry Report

Statistics for the 2025 Honeycomb Sandwich Panels market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Honeycomb Sandwich Panels analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Honeycomb Sandwich Panels Report Snapshots

Honeycomb Sandwich Panels Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)