Aerospace Foam Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Italy, France, Spain, Italy, Russia, Poland, China, India, Japan, Australia, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, UAE), Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2017 – 2024

Report ID: GMI2447

  Table of Contents Inquiry Before Buying
Summary Methodology Request for Customization

Aerospace Foam Market size is anticipated to grow at a significant rate from 2017 to 2024. Rising focus towards retrofitting of aircraft interiors coupled with superior properties will primarily drive the industry growth. These foams offer enhanced performance in extreme temperatures, and considerable reduction in air leakage. Moreover, they provide superior temperature insulation performance and sound barrier. These benefits are likely to majorly influence various end-user industries such as commercial, military, and general aircrafts.
 

Regular technological advancements and R&D activities for development of cost-effective solutions and processing has positively impacted the aerospace foam market share over the past years. Moreover, rising demand for low-cost carrier (LCC) airlines in developing countries across the globe has resulted in increased production of aircrafts. These airlines have proved beneficial and economical for all-purpose transportation mode, especially in developing countries of Asia Pacific and Latin America, owing to the rising per capita income across these regions.
 

Fluctuation in raw material prices and limited availability of these materials are expected to hamper the industry growth over the next eight years. Stringent government regulations regarding curbing the harmful emissions from polyurethane foam production. For instance, U.S. National Emission Standards for Hazardous Air Pollutants (NESHAP) targets the air emissions from hazardous pollutants. These stringent regulations may further pose a challenge before aerospace foam market participants over the forecast timeframe.
 

Rising demand for single-aisle aircrafts in these emerging regions will lead to increased production of aircrafts suited for LCC airline operators. The manufacturing process of new aircrafts require metal foams, polyurethane, and other foams. They are required for the manufacturing of aircraft interior and exteriors owing to their lightweight and superior properties including tensile strength, rigidity, and enhanced durability as compared to the normal metals. Growing military sector across the globe will further induce immense potential to the aerospace foam market size till 2024.

 

Continuous R&D activities and regular innovations has gained traction among the aerospace foam market participants. Development of flame and heat retardant foam is a technology that is quite prominent in the industry. These foams cater to the regulatory specifications and are lightweight than other counterparts, making them suitable for commercial aircrafts. They are specifically designed to fulfil the Federal Aviation Regulation (FAR) 25.853 for aircraft interior components.
 

Aerospace foam market is segmented based on end-users into commercial, military, and general aviation. General aviation is anticipated to dominate the industry over the forecast timeframe owing to extensive usage of these aircrafts by high net worth customers or for chartered flights for business trips. Rising number of these high net worth customers across the globe coupled with growing demand for business jets in MEA and Asia Pacific will contribute significantly to the revenue generation. Commercial aircrafts will grow rapidly owing to continuously rising air passenger traffic across the globe. This rising passenger traffic has resulted in increased aircraft deliveries, supporting the growth of aerospace foam market from commercial aircrafts.

 

The industry is segmented based on materials into polyurethane, metal, polyethylene, and melamine foams. Polyurethane foam is anticipated to capture highest share in the aerospace foam market over the forecast timeframe. The high revenue generation can be attributed to extensive usage of these foams in developed countries of North America. This foam is highly versatile and is used across various applications including airframes, interiors, packaging, and seating in aerospace industry. It is available in different forms and range from low to high densities with varying rigidity which makes them compatible for usage in various aerospace applications. Ease of assembling, recyclability, durability, corrosion resistance, thermal & acoustic insulation, and light weight are other factors supporting the industry dominance till 2024.

 

North America aerospace foam market is likely to showcase dominance over the coming years. Presence of established aerospace industry leaders including Airbus North America, Boeing, and Bombardier will primarily drive the regional growth. These manufacturers majorly use polyurethane foams to make aircraft interiors and exteriors owing to their easy availability, low price, and superior properties. Rising demand for new generation aircrafts will positively impact the consumption of aerospace foams, positively impacting the industry size over the next eight years.
 

BASF, Armacell, Rogers, Evonik, and SABIC are among the prominent participants in the aerospace foam market. Other noticeable players include ERG Materials and Aerospace, Foam Partner, Boyd. The competitors are focusing on partnerships with raw material manufacturers to gain competitive edge. For instance, in March 2018, Armacell partnered with a German polyethylene foam and rubber manufacturer, W. KOPP GmbH. According to this partnership, Kopp will transfer its foam technology to Armacell, expanding its customer base and strengthen its position in the industry.


What Information does this report contain?

Historical data coverage: 2013 to 2016; Growth Projections: 2017 to 2024.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.


Request for Customization

Our Market Research Reports Include:

  • Market snapshot
  • Market Segmentation
  • Value Chain Analysis
  • Growth Dynamics
  • Potential Market Opportunities
  • Regulatory Overview
  • Technology Evolution
  • Innovation & Sustainability

Why Global Market Insights?

 Comprehensive Research
  • All-inclusive coverage
  • In-depth and granular data (ex: information for 8 to 15 countries, with clients open to add to this list, in each report)
  • Penetrative insights & latest trends
  • Offers holistic understanding of the market
 Data Accuracy & Reliability
  • Unique methodology
  • Iterative in nature to eliminate errors
  • Detailed methodology, scope, assumptions and data sources available for reference
 Post-Sales Support
  • Committed to making a positive difference for our clients
  • Given the nature of this industry, we are committed to ensure that our clients get maximum return on their investment in our services
  • Every purchase comes with an option to obtain additional information:
    • up to 10% of the original cost
    • 45-minute analyst tele-call to obtain further clarity on the market.
 Security & Confidentiality
  • Global Market Insights, Inc. strictly adheres to PCI-DSS security norms.
  • Only PCI-DSS compliant payment methods used for highest level of client data security
This site is protected by Trustwave's Trusted Commerce program Authorize.Net Merchant - Click to Verify

Connect with our sales team

We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info. I Agree