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DUBLIN, Oct. 20, 2022 (GLOBE NEWSWIRE) — “Aerospace Foam Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2020-2030” Report Added of ResearchAndMarkets.com Recruitment.
The global aerospace foam market was valued at $5.3 billion in 2020 and is projected to reach $9.5 billion by 2030, growing at a CAGR of 6.11% from 2021 to 2030.
Aerospace foams are made from low-density cell-structured materials. It is used as a cushioning material, a heat insulating material, and a damping material. In addition, properties such as stiffness, durability, and heat resistance have made it increasingly popular in many aircraft applications such as roofs and rotor blades. Increased government initiatives in military aircraft have led to a surge in demand for aerospace foam.
Rising rates of air travel, mainly in developing countries in Asia Pacific and South America, and surging disposable incomes around the world are driving the growth of the global aircraft fleet. Rising passenger numbers and rising retirement rates would necessitate 44,040 new jets over the next two decades, worth his $6.8 trillion. Additionally, in line with Boeing’s commercial market outlook for 2020-2039, approximately 8,810 new commercial aircraft deliveries are expected to take place in Europe from 2020-2039. , in turn, is expected to boost demand for aerospace foam, thereby boosting market growth.
Polymer material solutions offer a variety of applications in the aerospace and aviation industries and are utilized by top commercial aircraft manufacturers including Boeing. Open-cell foam insulation and anti-vibration mounts are lightweight, fire-resistant, and improve passenger comfort, fuel efficiency, and installation costs. Demand for seating materials is increasing, which will propel the aerospace foam market during the forecast period.
Raw material price volatility, raw material availability, and government regulation of polyurethane foam hinder the market growth. Increased urbanization has increased the demand for aerospace foam in the LAMEA region. In addition, increasing foreign export activity has increased the demand for aerospace foam in commercial applications. Advanced material manufacturing and new product launches by some prominent players in the aerospace industry are driving the growth of the aerospace foam industry across the globe. Favorable government regulations in Brazil and increased use of bio-based polyurethane foams in North America and Europe are driving the aerospace foam market.
The aerospace foam market is segmented on the basis of product type, application, and region.
Based on product type, it is classified into polyurethane, polyethylene, ceramic, metal foam, and others. They are categorized into general aviation, civil, and military, depending on the application. Regionally, it is analyzed in North America, Europe, Asia-Pacific, and LAMEA. North America accounted for the largest market share of total revenue in 2020, followed by Europe and Asia Pacific. The presence of many developing countries will boost the growth of the aerospace foam market.
Major companies operating in the global aerospace foam market are BASF SE, Huntsman Corporation, Armacell, Boyd Corporation, Evonik Industries, SABIC, Rogers Corporation, Zetofoams Plc., General Plastics Manufacturing Company, ERG Materials.
Other players in the value chain (not listed in the report) include Aerospace Corporation, ERG Aerospace Corporation, Aerofoam Industries, Technifab Inc., Mueller, Everchem Specialty Chemicals, UFP Technologies, and Solvay It competes for market share through its launch. , joint ventures, partnerships, and expanding production capacity to meet future demand in the aerospace foam market during the forecast period.
Key Benefits for Stakeholders
- This report provides an in-depth quantitative analysis of current aerospace foam market trends and forecasts from 2021 to 2030, helping to identify prevalent opportunities.
- An in-depth analysis of the worldwide Aerospace Foam Market is expected to provide a detailed understanding of current trends and enable the stakeholders to formulate their specific plans.
- A comprehensive analysis of factors driving and restraining market growth is provided.
- The report comprehensively analyzes the market situation by region and by country.
- The forecasts in this report are made by analyzing current trends and future market potential in terms of value from 2020 to 2030.
- Extensive analysis of different geographies will yield insights that are expected to enable companies to strategically plan their business movements.
- This report presents the leading market players within the market and analyzes their strategies thoroughly. It helps in understanding the competitive outlook of the global Aerospace Foam Market.
Main topics:
Chapter 1; Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
3.1. Market definition and scope
3.2. Main Findings
3.2.1. Top Investment Pocket
3.3. Analysis of Porter’s Five Forces
3.4.Top player positioning
3.5.market dynamics
3.5.1. Driver
3.5.2. Constraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on Market
3.7. Price Analysis
3.8.Value chain analysis
3.9.Main regulatory analysis
Chapter 4: Aerospace Foam Market by Type
4.1 Overview
4.1.1 Market size and forecast
4.2 Polyurethane foam
4.2.1 Key Market Trends, Growth Drivers and Opportunities
4.2.2 Market Size and Forecast by Region
4.2.3 Market Analysis by Country
4.3 Polyethylene foam
4.3.1 Key Market Trends, Growth Drivers and Opportunities
4.3.2 Market Size and Forecast by Region
4.3.3 Market Analysis by Country
4.4 Ceramic foam
4.4.1 Key Market Trends, Growth Drivers and Opportunities
4.4.2 Market Size and Forecast by Region
4.4.3 Market Analysis by Country
4.5 Metal form
4.5.1 Key Market Trends, Growth Factors and Opportunities
4.5.2 Market Size and Forecast by Region
4.5.3 Market Analysis by Country
4.6 Miscellaneous
4.6.1 Key Market Trends, Growth Drivers and Opportunities
4.6.2 Market Size and Forecast by Region
4.6.3 Market Analysis by Country
Chapter 5: Aerospace Foam Market by Application
5.1 Overview
5.1.1 Market size and forecast
5.2 General Aviation
5.2.1 Key Market Trends, Growth Factors and Opportunities
5.2.2 Market Size and Forecast by Region
5.2.3 Market Analysis by Country
5.3 Civil Aviation
5.3.1 Key Market Trends, Growth Factors and Opportunities
5.3.2 Market Size and Forecast by Region
5.3.3 Market Analysis by Country
5.4 Military
5.4.1 Key Market Trends, Growth Drivers and Opportunities
5.4.2 Market Size and Forecast by Region
5.4.3 Market Analysis by Country
Chapter 6: Aerospace Foam Market by Region
Chapter 7: Company landscape
7.1. Introduction
7.2. Top Winning Strategies
7.3. TOP 10 PLAYERS PRODUCT MAPPING
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Major developments
Chapter 8: Company Profile
8.1 BASF SE
8.1.1 Company Profile
8.1.2 Company profile
8.1.3 Business segment operations
8.1.4 Product Portfolio
8.1.5 Performance
8.1.6 Key Strategic Moves and Developments
8.2 Huntsman
8.2.1 Company Profile
8.2.2 Company profile
8.2.3 Business segment operations
8.2.4 Product Portfolio
8.2.5 Performance
8.2.6 Key Strategic Moves and Developments
8.3 Almacer
8.3.1 Company Profile
8.3.2 Company Profile
8.3.3 Business segment operations
8.3.4 Product Portfolio
8.3.5 Performance
8.3.6 Key Strategic Moves and Developments
8.4 Boyd Corporation
8.4.1 Company profile
8.4.2 Company Profile
8.4.3 Operation of Business Segments
8.4.4 Product Portfolio
8.4.5 Performance
8.4.6 Major Strategic Moves and Developments
8.5 Evonik Industries
8.5.1 Company Profile
8.5.2 Company Profile
8.5.3 Business segment operations
8.5.4 Product Portfolio
8.5.5 Performance
8.5.6 Major Strategic Moves and Developments
8.6 Savik
8.6.1 Company Profile
8.6.2 Company Snapshot
8.6.3 Business segment operations
8.6.4 Product Portfolio
8.6.5 Performance
8.6.6 Major Strategic Moves and Developments
8.7 Rogers Corporation
8.7.1 Company Profile
8.7.2 Company Snapshot
8.7.3 Operation of Business Segments
8.7.4 Product Portfolio
8.7.5 Performance
8.7.6 Major Strategic Moves and Developments
8.8 Zetoform PLC
8.8.1 Company Profile
8.8.2 Company Profile
8.8.3 Operation of Business Segments
8.8.4 Product Portfolio
8.8.5 Performance
8.8.6 Major Strategic Moves and Developments
8.9 Comprehensive Plastic Manufacturing Company
8.9.1 Company Profile
8.9.2 Company Snapshot
8.9.3 Business segment operations
8.9.4 Product Portfolio
8.9.5 Performance
8.9.6 Major Strategic Moves and Developments
8.10 Erg Materials
8.10.1 Company Profile
8.10.2 Company profile
8.10.3 Business segment operations
8.10.4 Product Portfolio
8.10.5 Performance
8.10.6 Major Strategic Moves and Developments
For more information on this report, please visit https://www.researchandmarkets.com/r/nfq8zs.
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Global Aerospace Foam Market
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