What is structural core material?
Structural core materials are a class of materials that are used to provide strength and stiffness to composite structures. They are often used as a sandwich material, with two layers of composite material surrounding a core material. The core material provides the majority of the structure's thickness, and its properties determine the overall strength and stiffness of the sandwich panel. Structural core materials can be made from a variety of materials, including foam, balsa, honeycomb. Structural core materials are commonly used in aerospace, marine, wind energy, and automotive industries, where lightweight and high-strength materials are needed.
How does the Aerospace industry drive the structural core materials market?
The use of structural core materials in aerospace offers several benefits, including lightweight, high strength and stiffness, durability, and safety. Structural core materials are lightweight and can significantly reduce the weight of aircraft components. This leads to improved fuel efficiency and lower operating costs, as well as increased payload capacity. In addition, structural core materials provide high strength and stiffness, which allows for the construction of lighter and more efficient structures of aircrafts. This material is resistant to damage from impact, vibration, and fatigue. This helps to increase the durability of aircraft components, leading to longer service life and reduced maintenance costs. Due to the mentioned benefits and high demand of structural core materials from aerospace application, the structural core materials market is growing rapidly.
What are the factors driving the aerospace industry?
Increase in air travel demand and booming tourism industry
With the increase in disposable income and urbanization, air travel demand has been increasing rapidly. In addition, the booming tourism industry and awareness about travelling among the younger generation is expected to increase the growth of the overall aerospace industry.
Development of efficient material in aerospace industry
The aerospace industry has seen significant technological advancements in recent years, leading to the development of more efficient and cost-effective aircraft. These advancements include the use of lightweight materials such as structural core materials.
Governments often provide funding for research and development (R&D) in the aerospace industry. This can include funding for basic research as well as the development of new technologies and products. R&D funding can help drive innovation in the industry, leading to a growth of the structural core materials market.
In conclusion, the structural core materials market is expected to grow significantly in the coming years, driven by factors such as the increasing demand for lightweight and high-strength materials in various industries, including aerospace, automotive, wind energy, marine, and construction.
Kalyani Raje / Linkedin
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as report writing, content writing, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.