GLOBAL ALUMINUM HONEYCOMB MARKET Adoption of high bandwidth automotive networks

Increasing demand from the shipping industry

The global aluminum honeycomb market is driven by the increase in the demand for aluminum honeycomb from the shipping industry. Maritime transport is considered as an essential mode of transport, thereby contributing to the world's economy.

GROWTH ATTRIBUTED TO INCREASING EXPENDITURE ON ENERGY SYSTEMS BY

GOVERNMENTS

Increasing focus on energy systems and research by the government have fueled the growth of the global aluminum honeycomb market, with regions like the US and Europe in the leading positions.

The global aluminum honeycomb market will grow at a CAGR of close to 6% by 2022.

Growth Figures

0%

2%

4%

6%

8%

2018 2020 2022

APAC WILL CHARGE AHEAD THROUGH 2018

of the market is held by APAC.

40%

Global aluminum honeycomb market is expected to grow to $299.9 mn by 2022

Will APAC continue to lead past 2018?

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https://www.technavio.com/report/global-aluminum-honeycomb-market-

analysis-share-2018

GREEN BONDS INITIATING THE APPLICATION OF ALUMINUM HONEYCOMB

“Green bonds refer to bonds with proceeds reserved for green investments and are certified green by the issuing authorities. Banks have shown their interest in green bonds.”

  - Technavio Senior Analyst

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analysis-share-2018

TOP VENDORS LEADING THE MARKET

Alucoil

Top contributors

Argosy International

EconCore

EURO-COMPOSITES

Hexcel

Plascore

https://www.technavio.com/report/global-aluminum-honeycomb-market-

analysis-share-2018

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