The global balsa core materials market to grow at a CAGR of 5.46% during the period 2018-2022.
Global Balsa Core Materials Market 2018-2022 , has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is increasing popularity of green bonds. Green bonds refer to bonds with proceeds reserved for green investments and are issued as green by the issuing authorities. Banks too have shown their interest in green bonds. For instance, the Korean development bank issued a green corporate bond for renewable energy projects worth $300 million in July 2017. In addition, the National Bank of Australia issued a green bond in connection to a range of seventeen wind and solar farms. These green bonds fuel the growth of the global wind energy market with increased investments in the installation of wind turbines.
According to the report, one of the major drivers for this market is Growth and development of the shipping industry. Maritime transport is a vital contribution to the world's economy as more than 90% of the trade is carried out by sea, as it is a cost-effective way to transport the goods and raw materials around the world. In 2015, the World Trade Organization (WTO) estimated that the seaborne freight accounted for more than 30% of the world transport.
Further, the report states that one of the major factors hindering the growth of this market is Slower adoption of emerging applications. Despite the increase in the awareness of energy savings globally, many people remain ignorant about the benefits of balsa core materials in terms of their durability and high strength. Currently, balsa core materials are used extensively in the wind energy and marine industries. The commercial use of balsa core materials in other applications is still limited to a small number of industries.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
Market segmentation analysis
PART 05: MARKET SIZING
Market sizing 2017
Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER
Segmentation by end-user
Comparison by end-user
Global balsa core materials market by wind energy
Global balsa core materials market by marine
Global balsa core materials market by others
Market opportunity by end-user
PART 09: REGIONAL LANDSCAPE
APAC - Market size and forecast 2017-2022
North America - Market size and forecast 2017-2022
Europe - Market size and forecast 2017-2022
ROW - Market size and forecast 2017-2022
Key leading countries
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
Increasing popularity of green bonds
Increasing investment in the defense industry
Rising investment in the development of infrastructure