Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Aerospace Foams Market: By Foam Type, By Application and Region Forecast 2019-2030
Aerospace Foams Market size was valued at US$ 6,798.4 million in 2023 and is poised to grow at a CAGR of 6.8 % from 2024-2030. Aerospace foams are specialized materials used in the aerospace industry for various applications that require lightweight, strong, and insulating properties. These foams are designed to meet the stringent requirements of the aerospace sector, where materials must withstand extreme conditions, including high temperatures, low temperatures, high altitudes, and intense vibrations. Aerospace foams find use in both civilian and military aircraft, spacecraft, and related equipment. The rising demand for lightweight materials in the aviation industry is a key driver fueling the growth of the market.
In the quest for improved fuel efficiency, reduced operational costs, and enhanced performance, aircraft manufacturers are increasingly turning to lightweight materials to achieve these objectives. Aerospace foams, known for their exceptional lightweight properties, are being used extensively in aircraft design and construction. These foams are employed in various applications, such as cabin interiors, seating, insulation, and structural components, to reduce the overall weight of the aircraft. Moreover, the growth in military and defense applications plays a substantial role in driving the sales of aerospace foams in the market.
Military and defense sectors require materials that can meet stringent performance and safety standards while providing key advantages such as weight reduction, durability, and impact resistance. Aerospace foams are ideal for various applications within this sector, including the construction of armored vehicles, the development of stealth technology, and the creation of protective gear for soldiers. However, the high cost associated with the use of these products dampens the growth of the market. Meanwhile, the growing interest in space exploration and the development of spacecraft that require advanced materials creates significant opportunities for the development of the market. Key market players are announcing product launches, acquisitions, and collaborations to further contribute to market growth. For instance, in February 2020, Zotefoams introduced ZOTEK F X.R, its latest PVDF foam for aircraft interiors as part of its High-Performance Product (HPP) line.
Study Period
2024-2030Base Year
2023CAGR
6.8%Largest Market
North AmericaFastest Growing Market
Asia Pacific
Aerospace foam are available in various types such as polyurethane, polyolefin, others. Polyurethane foam is one of the major types of aerospace foam. Polyurethane products are the most versatile as compared to other materials existing in the aircraft segment. Polyurethane can be used for a variety of purposes, such as lavatories; aircraft ceilings; insulation, aerospace-manufactured foams can be used for aircraft galleys; flight deck pads; interior aircraft class dividers; passenger cabin walls; overhead stowage. Moreover, water-based polyurethane coatings generally aids in coating outside of aircraft, whereas polycarbonate or acrylic sheets assists in the construction of of aircraft passenger windowpanes, and wingtip-lens transparencies.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 6,798.4 million |
Market CAGR |
6.8% |
By Foam Type |
|
By Application |
|
By Region |
|
Download Free Sample Report
The global aerospace foams market size was valued at US$ 6,798.4 million in 2023 and is projected to grow at a CAGR of 6.8% from 2024 to 2030.
The development of water-based polyurethane aerospace foam stands out as a significant trend within the aerospace foams market.
BASF SE, Huntsman Corporation, ARMACELL, Boyd Corporation, Evonik Industries
1.Executive Summary |
2.Global Aerospace Foams Market Introduction |
2.1.Global Aerospace Foams Market - Taxonomy |
2.2.Global Aerospace Foams Market - Definitions |
2.2.1.Foam Type |
2.2.2.Application |
2.2.3.Region |
3.Global Aerospace Foams Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Aerospace Foams Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Aerospace Foams Market By Foam Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Polyurethane |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Polyethylene |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Ceramic |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Metal foam |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Others |
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
6.Global Aerospace Foams Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. General Aviation |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Commercial Aircraft |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Military Aircraft |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
7.Global Aerospace Foams Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. North America |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia Pacific (APAC) |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Middle East and Africa (MEA) |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Latin America |
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8.North America Aerospace Foams Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. Foam Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.1.1.Polyurethane |
8.1.2.Polyethylene |
8.1.3.Ceramic |
8.1.4.Metal foam |
8.1.5.Others |
8.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.2.1.General Aviation |
8.2.2.Commercial Aircraft |
8.2.3.Military Aircraft |
8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.3.1.United States of America (USA) |
8.3.2.Canada |
9.Europe Aerospace Foams Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. Foam Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Polyurethane |
9.1.2.Polyethylene |
9.1.3.Ceramic |
9.1.4.Metal foam |
9.1.5.Others |
9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.General Aviation |
9.2.2.Commercial Aircraft |
9.2.3.Military Aircraft |
9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Germany |
9.3.2.France |
9.3.3.Italy |
9.3.4.United Kingdom (UK) |
9.3.5.Spain |
10.Asia Pacific (APAC) Aerospace Foams Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Foam Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Polyurethane |
10.1.2.Polyethylene |
10.1.3.Ceramic |
10.1.4.Metal foam |
10.1.5.Others |
10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.General Aviation |
10.2.2.Commercial Aircraft |
10.2.3.Military Aircraft |
10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.China |
10.3.2.India |
10.3.3.Australia and New Zealand (ANZ) |
10.3.4.Japan |
10.3.5.Rest of APAC |
11.Middle East and Africa (MEA) Aerospace Foams Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Foam Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Polyurethane |
11.1.2.Polyethylene |
11.1.3.Ceramic |
11.1.4.Metal foam |
11.1.5.Others |
11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.General Aviation |
11.2.2.Commercial Aircraft |
11.2.3.Military Aircraft |
11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.GCC Countries |
11.3.2.South Africa |
11.3.3.Rest of MEA |
12.Latin America Aerospace Foams Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Foam Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Polyurethane |
12.1.2.Polyethylene |
12.1.3.Ceramic |
12.1.4.Metal foam |
12.1.5.Others |
12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.General Aviation |
12.2.2.Commercial Aircraft |
12.2.3.Military Aircraft |
12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Brazil |
12.3.2.Mexico |
12.3.3.Rest of LA |
13. Competition Landscape |
13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
13.2.1.BASF SE |
13.2.2.Huntsman Corporation |
13.2.3.ARMACELL |
13.2.4.Boyd Corporation |
13.2.5.Evonik Industries |
13.2.6.Rogers Corporation |
13.2.7.SABIC Innovative Plastics |
13.2.8.General Plastics Manufacturing Company |
13.2.9.Zetofoams Plc |
13.2.10.ERG Materials |
14. Research Methodology |
15. Appendix and Abbreviations |
Key Market Players