| Product Code: ETC7538080 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s balsa core materials import shipments in 2024 saw a notable shift in concentration, with a high Herfindahl-Hirschman Index (HHI) indicating market dominance by top exporting countries such as Vietnam, Thailand, and Malaysia. Despite a decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 remained strong at 6.7%. The continued reliance on key suppliers like China and New Zealand underscores the importance of strategic partnerships and supply chain resilience in the balsa core materials market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Balsa Core Materials Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Balsa Core Materials Market Revenues & Volume, 2021 & 2031F |
3.3 India Balsa Core Materials Market - Industry Life Cycle |
3.4 India Balsa Core Materials Market - Porter's Five Forces |
3.5 India Balsa Core Materials Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Balsa Core Materials Market Revenues & Volume Share, By Processing, 2021 & 2031F |
3.7 India Balsa Core Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Balsa Core Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry in India, leading to increased demand for lightweight and strong materials like balsa core materials. |
4.2.2 Rise in demand for renewable and sustainable materials in various industries, driving the adoption of balsa core materials. |
4.2.3 Advancements in manufacturing technologies and processes making balsa core materials more cost-effective and efficient. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the overall cost of balsa core materials. |
4.3.2 Limited awareness and availability of balsa core materials in certain regions of India. |
4.3.3 Competition from alternative materials such as foam cores or honeycomb structures. |
5 India Balsa Core Materials Market Trends |
6 India Balsa Core Materials Market, By Types |
6.1 India Balsa Core Materials Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Balsa Core Materials Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Balsa Core Materials Market Revenues & Volume, By Contoured End-grain, 2021- 2031F |
6.1.4 India Balsa Core Materials Market Revenues & Volume, By Rigid End-grain, 2021- 2031F |
6.2 India Balsa Core Materials Market, By Processing |
6.2.1 Overview and Analysis |
6.2.2 India Balsa Core Materials Market Revenues & Volume, By Adhesive Bonding, 2021- 2031F |
6.2.3 India Balsa Core Materials Market Revenues & Volume, By Compression Molding, 2021- 2031F |
6.2.4 India Balsa Core Materials Market Revenues & Volume, By Prepreg Processing, 2021- 2031F |
6.2.5 India Balsa Core Materials Market Revenues & Volume, By Resin Injection, 2021- 2031F |
6.2.6 India Balsa Core Materials Market Revenues & Volume, By Vacuum Infusion, 2021- 2031F |
6.2.7 India Balsa Core Materials Market Revenues & Volume, By Hand Lamination, 2021- 2031F |
6.3 India Balsa Core Materials Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Balsa Core Materials Market Revenues & Volume, By Transportation, 2021- 2031F |
6.3.3 India Balsa Core Materials Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.4 India Balsa Core Materials Market Revenues & Volume, By Buses, 2021- 2031F |
6.3.5 India Balsa Core Materials Market Revenues & Volume, By Railways, 2021- 2031F |
6.3.6 India Balsa Core Materials Market Revenues & Volume, By Aircraft, 2021- 2031F |
6.3.7 India Balsa Core Materials Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F |
6.3.8 India Balsa Core Materials Market Revenues & Volume, By Others, 2021- 2031F |
6.3.9 India Balsa Core Materials Market Revenues & Volume, By Others, 2021- 2031F |
7 India Balsa Core Materials Market Import-Export Trade Statistics |
7.1 India Balsa Core Materials Market Export to Major Countries |
7.2 India Balsa Core Materials Market Imports from Major Countries |
8 India Balsa Core Materials Market Key Performance Indicators |
8.1 Research and development investment in balsa core material technologies. |
8.2 Adoption rate of balsa core materials in key industries like marine, aerospace, and wind energy. |
8.3 Number of partnerships and collaborations between balsa core material manufacturers and end-users for product development and market expansion. |
9 India Balsa Core Materials Market - Opportunity Assessment |
9.1 India Balsa Core Materials Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Balsa Core Materials Market Opportunity Assessment, By Processing, 2021 & 2031F |
9.3 India Balsa Core Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Balsa Core Materials Market - Competitive Landscape |
10.1 India Balsa Core Materials Market Revenue Share, By Companies, 2024 |
10.2 India Balsa Core Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here