Portland, OR -- (SBWIRE) -- 08/23/2017 -- Balsa core material is the most commonly used end-grain wood core, which exhibits high compressive property, enhanced thermal insulation, and remarkable acoustic retention. It is resembling structure of the honeycomb core, and is available in the market in wide range of densities, thickness, and format/finish. It does not distort in presence of heat with the center burning gradually, thereby permitting the non-presented skin to remain fundamentally stable.

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It is used as a protecting and ablative agent in various end-user industries. It absorbs more resin than other types of foams, which increases the cost of the composite. A simple balsa sandwich panel requires wood and epoxy for three coats of moisture protection. Sandwich structures with balsa result in a particularly lightweight and sturdy end product.

The main driver of the balsa core material market is increase in demand for lightweight materials in end-use industries. Wind energy and marine industries are some of the major end-user industries of the market, thus increase in wind turbine capacity installation is another factor that accelerates the market growth.
However, the balsa core material market is highly capital-intensive, which hampers the market growth. Moreover, ongoing R&D activities on balsa core material to reduce resin absorption is expected to minimize the costing incurred, thus providing lucrative opportunities for the market.

Comprehensive competitive analysis and profiles of major market players provided in the report are:
- Airex AG
- DIAB
- 3A Composites Core Materials
- Bcomp Ltd.
- BONDI
- Carbon-Core Corp.
- CoreLite
- Gurit
- I-Core Composites
- Nord Compensati

Balsa Core Material Market Key Segments:
By Type
- Monolayer
- Multilayer

By End-user Industry
- Aerospace
- Wind Energy
- Marine
- Transportation
- Construction
- Others

By Geography
- North America
o U.S.
o Canada
o Mexico
- Europe
o UK
o Germany
o France
o Spain
o Italy
o Rest of Europe
- Asia-Pacific
o China
o Japan
o India
o Australia
o South Korea
o Rest of Asia-Pacific
- LAMEA
o Brazil
o South Africa
o Argentina
o Turkey
o Rest of LAMEA

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