Balsa Wood is natural, renewable resource. It has various special features such as weight-specific mechanical properties, low to medium density, and fast growth. Mainly Balsa Wood is divided into two types such as monolayer, and multilayer.
Market Drivers
Increase in demand for lightweight materials across the various industries like marine, automotive, transportation, construction, aerospace, and wind energy is the key driving factor which is expected to boost the global Balsa Wood market growth. Further, growth of aerospace in among various regions will have the positive impact on growth of global Balsa Wood market. Moreover, increase in mergers and acquisition activities among key players which is expected to propel the global Balsa Wood market growth. In addition to that, increase in technological developments and innovations may boost the global Balsa Wood market growth.
Market Restraints
A major restraining factor which may hamper the global Balsa Wood market size is high cost of material. Also, delay renewal of production of tax credit will affect the global Balsa Wood market growth.
Market Segmentation
Global Balsa Wood Market is segmented into type such as Multilayer, and Monolayer. Further, Global Balsa Wood Market is divided into various applications such as Construction, Transportation, Marine, Aerospace, Wind Energy, and Others.
Further, Global Balsa Wood Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Nord Compensati Spa, BONDi (Shandong) Environmental Material Company Limited, CoreLite Inc, I-Core Composites, LLC, Evonik Industries AG, Carbon-Core Corp, Gurit Holding AG, Schweiter Technologies, BCOMP LTD, and DIAB.
Market Taxonomy
By Type
By Application
By Region
Market Drivers
Increase in demand for lightweight materials across the various industries like marine, automotive, transportation, construction, aerospace, and wind energy is the key driving factor which is expected to boost the global Balsa Wood market growth. Further, growth of aerospace in among various regions will have the positive impact on growth of global Balsa Wood market. Moreover, increase in mergers and acquisition activities among key players which is expected to propel the global Balsa Wood market growth. In addition to that, increase in technological developments and innovations may boost the global Balsa Wood market growth.
Market Restraints
A major restraining factor which may hamper the global Balsa Wood market size is high cost of material. Also, delay renewal of production of tax credit will affect the global Balsa Wood market growth.
Market Segmentation
Global Balsa Wood Market is segmented into type such as Multilayer, and Monolayer. Further, Global Balsa Wood Market is divided into various applications such as Construction, Transportation, Marine, Aerospace, Wind Energy, and Others.
Further, Global Balsa Wood Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Nord Compensati Spa, BONDi (Shandong) Environmental Material Company Limited, CoreLite Inc, I-Core Composites, LLC, Evonik Industries AG, Carbon-Core Corp, Gurit Holding AG, Schweiter Technologies, BCOMP LTD, and DIAB.
Market Taxonomy
By Type
- Multilayer
- Monolayer
By Application
- Construction
- Transportation
- Marine
- Aerospace
- Wind Energy
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Frequently Asked Questions about the Global Balsa Wood Market
What is the estimated value of the Global Balsa Wood Market?
What is the growth rate of the Global Balsa Wood Market?
What is the forecasted size of the Global Balsa Wood Market?
Who are the key companies in the Global Balsa Wood Market?
Report Attribute | Details |
---|---|
No. of Pages | 254 |
Published | June 2020 |
Forecast Period | 2017 - 2027 |
Estimated Market Value ( USD | $ 195 Million |
Forecasted Market Value ( USD | $ 297 Million |
Compound Annual Growth Rate | 4.5% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |
Table of Contents
1 Introduction
2 Research Methodology
4 Global Balsa Wood Market Outlook
5 Global Balsa Wood Market, By Type
6 Global Balsa Wood Market, By Industry Vertical
7 Global Balsa Wood Market, By Region
8 North America Balsa Wood Market Analysis and Forecast (2017 – 2027)
9 Europe Balsa Wood Market Analysis and Forecast (2017 – 2027)
10 Asia Pacific Balsa Wood Market Analysis and Forecast (2017 – 2027)
11 Latin America Balsa Wood Market Analysis and Forecast (2017 – 2027)
12 Middle East Balsa Wood Market Analysis and Forecast (2017 – 2027)
13 Competitive Analysis
14 Company Profiles
Companies Mentioned
- Nord Compensati Spa
- BONDi (Shandong) Environmental Material Company Limited
- CoreLite Inc
- I-Core Composites LLC
- Evonik Industries AG
- Carbon-Core Corp
- Gurit Holding AG
- Schweiter Technologies
- BCOMP LTD
- DIAB