Aerospace Foam Market to Grow at a CAGR of 7.2% by 2023 - Rise in Demand For Low Cost Carrier Airlines Has Increased Demand For Aerospace Foam - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Aerospace Foam Market, 2015-2023" report to their offering.

The global aerospace foam industry was at valued $4,584 million in 2016, and is expected to reach $7,482 million by 2023, growing at a CAGR of 7.2% from 2017 to 2023. Aerospace foams are materials used for cushioning and insulation in aircraft. These materials have excellent properties, such as durability, tensile strength, and rigidness that make them a versatile material of choice for aerospace applications. Aerospace foams, such as polyurethane, polyethylene, ceramic foam, and metal foam provides superior insulation in varied temperature ranges and reduce air leakage.

Rise in demand for low-cost carrier airlines has increased the demand for aerospace foam in commercial aircraft, owing to its excellent lightweight and insulating properties and rapid urbanization has enhanced the demand for aerospace foam in the aircraft industry. The increase in governmental investment in military aircrafts is expected to boost the growth of aerospace foam by creating lucrative market growth potential.

In addition, the demand for polyurethane foam products for aircraft flight decks and interior cabins has increased, owing to their excellent absorption and cushioning formulations. This trend is expected to increase the scope of polyurethane foams in military & defense grade applications. However, availability of raw materials, low shelf life period, and government regulations are expected to hinder the market growth. Furthermore, increase in investments and growth in renewable material for manufacturing green polyurethane-based foam are expected to generate significant growth opportunities.

Companies Mentioned

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

Key Topics Covered:

CHAPTER 1. INTRODUCTION

CHAPTER 2. EXECUTIVE SUMMARY

CHAPTER 3. MARKET OVERVIEW

CHAPTER 4. GLOBAL AEROSPACE FOAM MARKET, BY TYPE

CHAPTER 5. GLOBAL AEROSPACE FOAM MARKET, BY APPLICATION

CHAPTER 6. GLOBAL AEROSPACE FOAM MARKET, BY GEOGRAPHY

CHAPTER 7. COMPANY PROFILE

For more information about this report visit http://www.researchandmarkets.com/research/hbng5d/aerospace_foam

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Commercial Aerospace

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Commercial Aerospace