Aerospace Foam Market to Reach $7,482 Million Analysis and In-depth Research on Market Size, Trends, Emerging Growth Factors and Regional Forecasts to 2023

Aerospace foams are materials used for cushioning and insulation in aircrafts owing to their excellent properties, such as durability, tensile strength, and rigidness. Aerospace foams, such as polyurethane, polyethylene, ceramic, and metal foam, provide superior insulation in varied temperature ranges and reduce air leakage.

Aerospace Foam Market was valued at $4,584 million in 2016, and is expected to garner $7,482 million by 2023, registering a CAGR of 7.2% during the forecast period 2017 - 2023. On the basis of type segment, polyurethane foam occupied more than two-fifths share in 2016.

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Key Findings of Aerospace Foam Market:

• The polyurethane foam segment is expected to grow at a CAGR of 7.1% during the forecast period.

• The metal foam segment is expected to grow at a CAGR of 7.4% from 2017 to 2023.

• The North American aerospace foam market is expected to grow at a CAGR of 7.1% from 2017 to 2023.

• The commercial aircraft segment is expected to grow at a CAGR of 8.5%.

• In 2016, The polyethylene foam segment occupied approximately one-third share in the Asia-Pacific region, and is anticipated to grow at a CAGR of 6.3%.

Enhanced insulation, lightweight, and durability have projected the demand for polyurethane foams with applications in headrest, carpet pads, cockpit panels, door, and others. Moreover, excellent thermal & mechanical stability and lightweight features have increased the demand for polyethylene in aerospace applications.

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Metal foams have excellent insulation and lightweight properties, owing to the increase in demand is expected to enhance commercial & military aircraft. The general aviation segment is the major market driver for aerospace foam, owing to increase in demand for aircraft deliverability and increase in growth of passenger carriers.

Furthermore, increase in governmental investments is expected to fuel the demand for aerospace foam in military applications. Volatility in raw materials prices are expected to hinder the market growth but, developments in biodegradable aerospace foams, such as green polyurethane foam are expected to create growth opportunities in the market.

LAMEA is projected to grow at a CAGR of 7.3% during the analysis period, owing to increase in urbanization. North America and Europe were the major market drivers for aerospace foam. The increase in demand for low cost airlines is expected to boost the market in Asia-Pacific regions.

Top key players :

• BASF SE
• Huntsman Corporation
• ARMACELL
• Boyd Corporation
• Evonik Industries
• Rogers Corporation
• SABIC Innovative Plastics
• General Plastics Manufacturing Company
• Zetofoams Plc
• ERG Materials.

Table of content:


Chapter: 1. INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENT
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tool & Model

Chapter: 2. EXECUTIVE SUMMARY

2.1. MARKET SNAPSHOT
2.2. CXO PERSPECTIVES

Chapter: 3. MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top Investment Pockets
3.2.2. Top winning strategies

3.3. PORTERS FIVE FORCES ANALYSIS
3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.1.1. Increase in demand for low cost carriers (LCC)
3.4.1.2. Increase in governmental investments

3.4.2. Restraints

3.4.2.1. Volatile nature of raw material prices

3.4.3. Opportunities

3.4.3.1. R&Ds in aerospace foam types (Green polyurethane foams)

3.5 MARKET SHARE ANALYSIS, 2015 (%)

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List of Tables

TABLE 1. GLOBAL AEROSPACE FOAM MARKET VALUE, BY TYPE, 2015-2023 ($MILLION)
TABLE 2. GLOBAL AEROSPACE FOAM MARKET VOLUME, BY TYPE, 2015-2023 (KILOTONS)
TABLE 3. GLOBAL POLYURETHANE FOAM IN AEROSPACE MARKET VALUE, BY REGION, 2015-2023 ($MILLION)
TABLE 4. GLOBAL POLYURETHANE FOAM IN AEROSPACE MARKET VOLUME, BY REGION, 2015-2023 (KILOTONS)
TABLE 5. GLOBAL POLYETHYLENE FOAMAEROSPACE FOAM MARKET VALUE, BY REGION, 2015-2023 ($MILLION)
TABLE 6. GLOBAL POLYETHYLENE FOAM IN AEROSPACE MARKET VOLUME, BY REGION, 2015-2023 (KILOTONS)
TABLE 7. GLOBAL CERAMICS FOAM IN AEROSPACE MARKET VALUE, BY REGION, 2015-2023 ($MILLION)
TABLE 8. GLOBAL CERAMICS FOAM IN AEROSPACE MARKET VOLUME, BY REGION, 2015-2023 (KILOTONS)
TABLE 9. GLOBAL METAL FOAM IN AEROSPACE FOAM MARKET VALUE, BY REGION, 2015-2023 ($MILLION)
TABLE 10. GLOBAL METAL FOAM IN AEROSPACE FOAM MARKET VOLUME, BY REGION, 2015-2023 (KILOTONS)
TABLE 11. GLOBAL OTHERS MARKET IN AEROSPACE FOAM, BY REGION, 2015-2023 ($MILLION)
TABLE 12. GLOBAL OTHERS MARKET IN AEROSPACE FOAM, BY REGION, 2015-2023 (KILOTONS)
TABLE 13. GLOBAL AEROSPACE FOAM MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 14. GLOBAL AEROSPACE FOAM MARKET VOLUME, BY APPLICATION, 2015-2023 (KILOTONS)
TABLE 15. GLOBAL GENERAL AVIATION MARKET IN AEROSPACE FOAM, BY REGION, 2015-2023 ($MILLION)
TABLE 16. GLOBAL GENERAL AVIATION MARKET IN AEROSPACE FOAM, BY REGION, 2015-2023 (KILOTONS)
TABLE 17. GLOBAL MILITARY AIRCRAFTS MARKET IN AEROSPACE FOAM, BY REGION, 2015-2023 ($MILLION)
TABLE 18. GLOBAL MILITARY AIRCRAFTS MARKET IN AEROSPACE FOAM, BY REGION, 2015-2023 (KILOTONS)
TABLE 19. GLOBAL COMMERCIAL AVIATION MARKET IN AEROSPACE FOAM, BY REGION, 2015-2023 ($MILLION)
TABLE 20. GLOBAL COMMERCIAL AVIATION MARKET IN AEROSPACE FOAM, BY REGION, 2015-2023 (KILOTONS)

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