Mohit25 Sep, 2025Technology
The core materials market plays a crucial role in various industries, including aerospace, automotive, wind energy, and marine applications. These materials, which include foam, honeycomb, and balsa wood, are essential in manufacturing lightweight yet high-strength composite structures. With increasing demand for energy-efficient and durable materials, the core materials market is witnessing significant growth. The core materials market is valued at $1.92 billion in 2024 and is anticipated to expand at a CAGR of 12.09% to reach $6.03 billion by 2034.
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