| Product Code: ETC9960640 | 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 |
The United States continued to be a key destination for balsa core materials imports in 2024, with top exporters including China, Canada, Chile, Belgium, and Ecuador. Despite a negative compound annual growth rate (CAGR) of -3.06% from 2020 to 2024, the market saw a significant growth rate of 73.86% from 2023 to 2024. The market exhibited high concentration with a Herfindahl-Hirschman Index (HHI) remaining elevated in 2024, indicating a competitive landscape among the top exporting countries. This highlights the importance of these key suppliers in meeting the demand for balsa core materials in the US 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 United States (US) Balsa Core Materials Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Balsa Core Materials Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Balsa Core Materials Market - Industry Life Cycle |
3.4 United States (US) Balsa Core Materials Market - Porter's Five Forces |
3.5 United States (US) Balsa Core Materials Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United States (US) Balsa Core Materials Market Revenues & Volume Share, By Processing, 2021 & 2031F |
3.7 United States (US) Balsa Core Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United States (US) Balsa Core Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in the aerospace and marine industries |
4.2.2 Growing focus on sustainable and eco-friendly materials |
4.2.3 Rise in construction activities driving demand for balsa core materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from alternative core materials like foam and honeycomb |
4.3.3 Regulatory challenges regarding the sourcing and use of balsa wood |
5 United States (US) Balsa Core Materials Market Trends |
6 United States (US) Balsa Core Materials Market, By Types |
6.1 United States (US) Balsa Core Materials Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Balsa Core Materials Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 United States (US) Balsa Core Materials Market Revenues & Volume, By Contoured End-grain, 2021- 2031F |
6.1.4 United States (US) Balsa Core Materials Market Revenues & Volume, By Rigid End-grain, 2021- 2031F |
6.2 United States (US) Balsa Core Materials Market, By Processing |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Balsa Core Materials Market Revenues & Volume, By Adhesive Bonding, 2021- 2031F |
6.2.3 United States (US) Balsa Core Materials Market Revenues & Volume, By Compression Molding, 2021- 2031F |
6.2.4 United States (US) Balsa Core Materials Market Revenues & Volume, By Prepreg Processing, 2021- 2031F |
6.2.5 United States (US) Balsa Core Materials Market Revenues & Volume, By Resin Injection, 2021- 2031F |
6.2.6 United States (US) Balsa Core Materials Market Revenues & Volume, By Vacuum Infusion, 2021- 2031F |
6.2.7 United States (US) Balsa Core Materials Market Revenues & Volume, By Hand Lamination, 2021- 2031F |
6.3 United States (US) Balsa Core Materials Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Balsa Core Materials Market Revenues & Volume, By Transportation, 2021- 2031F |
6.3.3 United States (US) Balsa Core Materials Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.4 United States (US) Balsa Core Materials Market Revenues & Volume, By Buses, 2021- 2031F |
6.3.5 United States (US) Balsa Core Materials Market Revenues & Volume, By Railways, 2021- 2031F |
6.3.6 United States (US) Balsa Core Materials Market Revenues & Volume, By Aircraft, 2021- 2031F |
6.3.7 United States (US) Balsa Core Materials Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F |
6.3.8 United States (US) Balsa Core Materials Market Revenues & Volume, By Others, 2021- 2031F |
6.3.9 United States (US) Balsa Core Materials Market Revenues & Volume, By Others, 2021- 2031F |
7 United States (US) Balsa Core Materials Market Import-Export Trade Statistics |
7.1 United States (US) Balsa Core Materials Market Export to Major Countries |
7.2 United States (US) Balsa Core Materials Market Imports from Major Countries |
8 United States (US) Balsa Core Materials Market Key Performance Indicators |
8.1 Percentage of balsa core material used in new aerospace and marine projects |
8.2 Number of certifications or eco-labels obtained for sustainable balsa core materials |
8.3 Average lead time for balsa core material supply and delivery |
8.4 Research and development investment in balsa core material innovations |
8.5 Customer satisfaction levels with the quality and performance of balsa core materials |
9 United States (US) Balsa Core Materials Market - Opportunity Assessment |
9.1 United States (US) Balsa Core Materials Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United States (US) Balsa Core Materials Market Opportunity Assessment, By Processing, 2021 & 2031F |
9.3 United States (US) Balsa Core Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United States (US) Balsa Core Materials Market - Competitive Landscape |
10.1 United States (US) Balsa Core Materials Market Revenue Share, By Companies, 2024 |
10.2 United States (US) 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.
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