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Aerospace Foam Market Size is Expected To Reach US$ 7.38 Billion by 2027 With Growth Rate (CAGR) of 6.40% | IMARC Group

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Aerospace Foam Market Size is Expected To Reach US$ 7.38 Billion by 2027 With Growth Rate (CAGR) of 6.40% | IMARC Group

September 30
16:45 2022
Aerospace Foam Market Size is Expected To Reach US$ 7.38 Billion by 2027 With Growth Rate (CAGR) of 6.40% | IMARC Group
Aerospace Foam Market Report | Forecast 2022-2027
The global aerospace foam market size reached US$ 4.89 Billion in 2021. By 2027, it will reach a value of US$ 7.38 Billion, growing at a CAGR of 6.40% (2022-2027).

The latest research study “Aerospace Foam Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global aerospace foam market size reached a value of US$ 4.89 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 7.38 Billion by 2027 exhibiting a CAGR of 6.40% during 2022-2027.

Aerospace foams are cellular-structured materials used for packaging, insulating, vibration damping, and cushioning. They are produced as per aerospace industry standards to offer excellent rigidity, durability, heat resistance, tensile strength, and insulating properties. They are used in upholstery, truck seats, bedding, and unique inorganic plant substrates for wall gardens. They are also utilized in ceilings, walls, headrests, gaskets, seals, rotor blades, baggage sections, and separators between lavatories and class segments. As a result, aerospace foams find extensive applications in the construction, oil and gas, and manufacturing industries.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request a PDF Sample for more detailed market insights: https://www.imarcgroup.com/aerospace-foam-market/requestsample

Aerospace Foam Market Trends and Drivers:

The global aerospace foam market is primarily driven by the rising volume of air traffic and the escalating demand for fuel-efficient and lightweight aircraft. Additionally, there has been a significant rise in investments in military aircraft and renewable feedstock by governments of numerous countries for manufacturing green aerospace foams.

In line with this, the increasing demand for customizable foams and flame retardants has catalyzed market growth. Besides this, the rising concerns regarding the contribution of the aerospace sector to global carbon emissions and stringent regulations are positively influencing the market growth. Furthermore, several key players are installing sensors in the seating systems to monitor temperature, mobile activation of passengers, and seat belt status.

Along with this, the introduction of enhanced headrest platforms integrated with noise canceling technology to provide a curve around the passengers’ heads has propelled the market growth. Other factors, including the surging demand for low-cost carrier (LCC) aircraft, increasing air passengers, technological advancements, and rapid urbanization, are also anticipated to create a favorable market outlook.

Aerospace Foam Market Report Scope

Report Coverage

Details

Market size value in 2021

US$ 4.89 Billion 

Market forecast in 2027

US$ 7.38 Billion

Growth Rate

CAGR of 6.40%  from 2022 to 2027

Base year for estimation

2021

Historical data

2016-2021

Forecast period

2022-2027


Global Aerospace Foam Market 2022-2027 Analysis and Segmentation:

Competitive Landscape: 

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Top Aerospace Foam Companies:

Aerofoam Industries LLC

BASF SE (ETR: BAS)

Boyd Corporation

DuPont de Nemours Inc. (NYSE: DD)

Evonik Industries AG

General Plastics Manufacturing Company

Greiner AG

Huntsman International LLC

Pyrotek Inc.

Recticel NV/SA

Saudi Basic Industries Corporation (Saudi Arabian Oil Co.)

Solvay S.A.

UFP Technologies Inc.

Zotefoams Plc.

The report has segmented the market on the basis of region, type, application and end user.

Breakup by Type:

  • Polyurethane
  • Polyimide
  • Metal Foams
  • Melamine
  • Polyethylene
  • Others  


Breakup by Application:

  • Aircraft Seats
  • Aircraft Floor Carpets
  • Cabin Walls and Ceilings
  • Flight Deck Pads
  • Overhead Stow Bins
  • Others  


Breakup by End User:

  • General Aviation
  • Military Aircraft
  • Commercial Aviation


Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa


Explore Report Description with TOC & List of Figure:  
https://www.imarcgroup.com/aerospace-foam-market

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.


Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.


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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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