Global Balsa Wood Market was valued at USD 195 million in 2019 which is expected to reach USD 297 million by 2030 at a CAGR 4.5%.
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
Key Questions Addressed by the Report
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Balsa Wood Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Balsa Wood Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Balsa Wood Market Share Analysis, By Type
5.3 Global Balsa Wood Market Size and Forecast, By Type
5.3.1 Multilayer
5.3.2 Monolayer
6 Global Balsa Wood Market, By Industry Vertical
6.1 Y-o-Y Growth Comparison, By Industry Vertical
6.2 Global Balsa Wood Market Share Analysis, By Industry Vertical
6.3 Global Balsa Wood Market Size and Forecast, By Industry Vertical
6.3.1 Construction
6.3.2 Transportation
6.3.3 Marine
6.3.4 Aerospace
6.3.5 Wind Energy
6.3.6Others
7Global Balsa Wood Market, By Region
7.1 Global Balsa Wood Market Share Analysis, By Region
7.2 Global Balsa Wood Market Share Analysis, By Region
7.3 Global Balsa Wood Market Size and Forecast, By Region
8North America Balsa Wood Market Analysis and Forecast (2017 – 2030)
8.1 Introduction
8.2 North America Balsa Wood Market Share Analysis, By Type
8.3 North America Balsa Wood Market Size and Forecast, By Industry Vertical
8.4 North America Balsa Wood Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9Europe Balsa Wood Market Analysis and Forecast (2017 – 2030)
9.1 Introduction
9.2 Europe Balsa Wood Market Share Analysis, By Type
9.3 Europe Balsa Wood Market Size and Forecast, By Industry Vertical
9.4 Europe Balsa Wood Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10Asia Pacific Balsa Wood Market Analysis and Forecast (2017 – 2030)
10.1 Introduction
10.2 Asia Pacific Balsa Wood Market Share Analysis, By Type
10.3 Asia Pacific Balsa Wood Market Size and Forecast, By Industry Vertical
10.4 Asia Pacific Balsa Wood Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11Latin America Balsa Wood Market Analysis and Forecast (2017 – 2030)
11.1 Introduction
11.2 Latin America Balsa Wood Market Share Analysis, By Type
11.3 Latin America Balsa Wood Market Size and Forecast, By Industry Vertical
11.4 Latin America Balsa Wood Market Size and Forecast, By Country
12Middle East Balsa Wood Market Analysis and Forecast (2017 – 2030)
12.1 Introduction
12.2 Middle East Balsa Wood Market Share Analysis, By Type
12.3 Middle East Balsa Wood Market Size and Forecast, By Industry Vertical
12.4 Middle East Balsa Wood Market Size and Forecast, By Country
13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
15.1 Nord Compensati Spa
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 BONDi (Shandong) Environmental Material Company Limited
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 CoreLite Inc
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 I-Core Composites LLC
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Evonik Industries AG
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Carbon-Core Corp
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Gurit Holding AG
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Schweiter Technologies
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 BCOMP LTD
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 DIAB
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
