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Aerospace Foam Market, By Offerings

RA00058

Aerospace Foam Market, By Offerings (Hardware, Software, Services), By Aerospace foam markets Market, By Material (PU Foam, PE Foam, Metal Foam, Melamine Foam, PMI Foam, Others), By End-use (Spacecraft, Military Aircraft, Helicopter, Commercial Aircraft, Others): Global Opportunity Analysis and Industry Forecast, 2019–2026

RA00058

Pages: 170

Feb 2020

COVID-19

pandemic has shown to have an enormous impact on most
industries.

Click Here to access our comprehensive analysis of the

Impact of covid-19 on Aerospace Foam Market

Aerospace Foam Industry Insights 2026:

Global Aerospace Foam Market forecast will be $ 7,342.7 Million by 2026, rising from $ 3,967.0 Million in 2018, at a CAGR of 8.0%. Europe region will have enormous opportunities for the market investors to grow over the coming years. North American industry of Aeropsace Foam Market, anticipated to grow at a CAGR of 7.7% over the forecast period.

Aerospace foams are cellular structured and low-density materials that are used for insulation, vibration dampeners and cushioning. Moreover, various properties such as tensile strength, excellent rigidness, durable, heat resistant and lightweight have increased the for aerospace foams in multiple aircraft applications, such as rooftops, gaskets to seal, rotor blades and headrests.

Driving Factors of Aerospace Foam Industry:

An increase in the demand for low-cost carriers has upsurge the demand from commercial aircraft, due to its insulating and excellent lightweight properties. Additionally, rapid development has improved the demand for aerospace foam in aircraft manufacturing. Huge investments done by various governments globally over military aircraft are anticipated to boost the market by creating better growth potential. Moreover, the growing demand for PU foam products for aircraft interior cabins and flight decks has grown, this is due to the outstanding cushioning and absorption formulations.

In spite of the wide range of advantages, major factors affecting the market growth are the stringent government regulations towards the usage of PU foams that are anticipated to hamper the aerospace foam market growth.

Aerospace Foam Market, by Material

The Metal Foam segment is predicted to be most lucrative till the end of 2026

Aerospace Foam Market, by Material

Source: Research Dive Analysis

The PU foam segment in the aerospace foam market was accounted for $ 1,348.8 Million in the year 2018 and is expected to grow at a CAGR of 7.6% over the forecast period. However, metal foam sub-segment is expected to register the highest growth rate over the forecast period growing at a CAGR of 9.2%. The metal foam is anticipated to witness foremost traction due to its lightweight properties combined with a rise in demand in aircraft applications. Additionally, growth in the demand for metal foam armors majorly for space-based vehicle and military aircrafts likely to create significant market growth opportunities.

Aerospace foam market, by Mode of End-use

Spacecrafts segment is predicted to be most lucrative till the end of 2026

Aerospace foam market, by Mode of End-use

Source: Research Dive Analysis

The commercial aircraft end-use segment held the largest market value in the year 2018, by accounting for $ 1,904.2 million. The rise in the number of people traveling by air globally is enhancing the growth of the aerospace coatings market. Additionally, the growing demand for low-cost carriers or low-cost operators in regions such as the Middle East, Asia Pacific, and Latin America, is the major reason for the upsurge in for commercial aircraft segment. These key factors are lead to the growth of the aerospace foams market globally.

Aerospace Foams Market, by Region:

Europe region will have enormous opportunities for the market investors to grow over the coming years

Aerospace Foams Market, by Region

Source: Research Dive Analysis

North America Aerospace Foam Industry Outlook 2026:

North America aerospace foam industry accounted for the largest market share in the year 2018 accounting for $ 1,626.5 Million and is further anticipated to grow at a CAGR of 7.7% over the forecast period. Whereas the European market is expected to experience a swift growth over the forecast period, majorly due to the presence of the major key players in this region.

Key participants in the Global Aerospace foam market:

Product development and joint ventures are the most common strategies followed by the market players

Key participants in the Global Aerospace foam market

Source: Research Dive Analysis

Aerospace foam market players include Erg Materials and Aerospace Corp, SABIC, Rogers Corporation, Evonik Industries AG, Foampartner, Boyd Corporation, Armacell International S.A., UFP Technologies, BASF SE, and Zotedfoams Plc among many others. Product development and acquisitions are some of the key strategies opted by the industry participants to retain their position in the global or regional markets. These key players are majorly concentrating on technology advancements in current technology, new product launches, mergers and acquisitions, and geographical expansion. These are some of the growth strategies adopted by these companies.

In March 2018, Evonik Industries has developed a new foam in the product line of ROHACRYL™. The product is thermally stable, lightweight, environmentally friendly and is easy to shape. It can be used in aerospace, sports equipment, automotive and many others.

Scope of the Market Report:

Aspect

Particulars

  Historical Market Estimations

  2016-2018

  Base Year for Market Estimation

  2018

  Forecast timeline for Market Projection

  2019-2026

  Geographical Scope

  North America, Europe, Asia-Pacific, LAMEA

  Segmentation by Material

  • PU Foam
  • PE Foam
  • Metal Foam
  • Melamine Foam
  • PMI Foam
  • Others

  Segmentation by End-use

  • Commercial Aircraft
  • Military Aircraft
  • Helicopter
  • Spacecraft
  • Others

  Key Countries covered

U.S., Canada, Germany, France, Spain, Russia, Japan, China, India, South Korea, Australia, Brazil, and Saudi Arabia

  Key Companies Profiled

  • Evonik Industries AG
  • Rogers Corporation
  • Foampartner
  • BASF SE
  • Boyd Corporation
  • Armacell International S.A.
  • SABIC
  • UFP Technologies
  • Erg Materials and Aerospace Corp
  • Zotedfoams Plc

Source: Research Dive Analysis


FREQUENTLY ASKED QUESTIONS?
 

A. The global Aerospace foam market size was over $ 3,967.0 Million in 2018, and is further anticipated to reach $ 7,342.7 Million by 2026.

A. Evonik Industries AG, Rogers Corporation, Foampartner, and BASF SE are some of the key players in the global aerospace foam market.

A. Europe possesses great investment opportunities for the investors to witness the most promising growth in the coming years.

A. Europe Aerospace foam market is projected to grow at 8.7% CAGR during the forecast period.

A. Product development and joint ventures are the key strategies opted by the operating companies in this market.

A. BASF SE and Boyd Corporation investing more in R&D activities for developing new products and technologies.

1. Research Methodology

1.1. Desk Research
1.2. Real time insights and validation
1.3. Forecast model
1.4. Assumptions and forecast parameters

1.4.1. Assumptions
1.4.2. Forecast parameters

1.5. Data sources

1.5.1. Primary
1.5.2. Secondary

2. Executive Summary

2.1. 360° summary
2.2. Material
2.3. End-use
2.4. Region

3. Market overview

3.1. Market segmentation & definitions
3.2. Key takeaways

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. Porter’s five forces analysis

3.3.1. Bargaining power of consumers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of new entrants
3.3.4. Threat of substitutes
3.3.5. Competitive rivalry in the market

3.4. Market dynamics

3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities

3.5. End-use landscape
3.6. Regulatory landscape
3.7. Patent landscape
3.8. Market value chain analysis

3.8.1. Stress point analysis

3.9. Strategic overview

4. Aerospace Foams Market, by Material

4.1. PU Foam

4.1.1. Market size and forecast, by region, 2016-2026
4.1.2. Comparative market share analysis, 2018 & 2026

4.2. PE Foam

4.2.1. Market size and forecast, by region, 2016-2026
4.2.2. Comparative market share analysis, 2018 & 2026

4.3. Metal Foam

4.3.1. Market size and forecast, by region, 2016-2026
4.3.2. Comparative market share analysis, 2018 & 2026

4.4. Melamine Metal Foam

4.4.1. Market size and forecast, by region, 2016-2026
4.4.2. Comparative market share analysis, 2018 & 2026

4.5.  PMI Foam

4.5.1. Market size and forecast, by region, 2016-2026
4.5.2. Comparative market share analysis, 2018 & 2026

4.6. Others

4.6.1. Market size and forecast, by region, 2016-2026
4.6.2. Comparative market share analysis, 2018 & 2026

5. Aerospace Foams Market, by End-use

5.1. Commercial Aircraft

5.1.1. Market size and forecast, by region, 2016-2026
5.1.2. Comparative market share analysis, 2018 & 2026

5.2. Military Aircraft

5.2.1. Market size and forecast, by region, 2016-2026
5.2.2. Comparative market share analysis, 2018 & 2026

5.3. Helicopters

5.3.1. Market size and forecast, by region, 2016-2026
5.3.2. Comparative market share analysis, 2018 & 2026

5.4. Spacecraft

5.4.1. Market size and forecast, by region, 2016-2026
5.4.2. Comparative market share analysis, 2018 & 2026

5.5. Others

5.5.1. Market size and forecast, by region, 2016-2026
5.5.2. Comparative market share analysis, 2018 & 2026

6. Aerospace Foams Market, by Region

6.1. North America

6.1.1. Market size and forecast, by Material, 2016-2026
6.1.2. Market size and forecast, by End-use, 2016-2026
6.1.3. Market size and forecast, by country, 2016-2026
6.1.4. Comparative market share analysis, 2018 & 2026

6.1.5. U.S.

6.1.5.1. Market size and forecast, by Material, 2016-2026
6.1.5.2. Market size and forecast, by End-use, 2016-2026
6.1.5.3. Comparative market share analysis, 2018 & 2026

6.1.6. Canada

6.1.6.1. Market size and forecast, by Material, 2016-2026
6.1.6.2. Market size and forecast, by End-use, 2016-2026
6.1.6.3. Comparative market share analysis, 2018 & 2026

6.1.7. Mexico

6.1.7.1. Market size and forecast, by Material, 2016-2026
6.1.7.2. Market size and forecast, by End-use, 2016-2026
6.1.7.3. Comparative market share analysis, 2018 & 2026

6.2. Europe

6.2.1. Market size and forecast, by Material, 2016-2026
6.2.2. Market size and forecast, by End-use, 2016-2026
6.2.3. Comparative market share analysis, 2018 & 2026

6.2.4. Germany

6.2.4.1. Market size and forecast, by Material, 2016-2026
6.2.4.2. Market size and forecast, by End-use, 2016-2026
6.2.4.3. Comparative market share analysis, 2018 & 2026

6.2.5. Spain

6.2.5.1. Market size and forecast, by Material, 2016-2026
6.2.5.2. Market size and forecast, by End-use, 2016-2026
6.2.5.3. Comparative market share analysis, 2018 & 2026

6.2.6. France

6.2.6.1. Market size and forecast, by Material, 2016-2026
6.2.6.2. Market size and forecast, by End-use, 2016-2026
6.2.6.3. Comparative market share analysis, 2018 & 2026

6.2.7. Italy

6.2.7.1. Market size and forecast, by Material, 2016-2026
6.2.7.2. Market size and forecast, by End-use, 2016-2026
6.2.7.3. Comparative market share analysis, 2018 & 2026

6.2.8. Rest of the Europe

6.2.8.1. Market size and forecast, by Material, 2016-2026
6.2.8.2. Market size and forecast, by End-use, 2016-2026
6.2.8.3. Comparative market share analysis, 2018 & 2026

6.3. Asia-Pacific

6.3.1. Market size and forecast, by Material, 2016-2026
6.3.2. Market size and forecast, by End-use, 2016-2026
6.3.3. Comparative market share analysis, 2018 & 2026

6.3.4. China

6.3.4.1. Market size and forecast, by Material, 2016-2026
6.3.4.2. Market size and forecast, by End-use, 2016-2026
6.3.4.3. Comparative market share analysis, 2018 & 2026

6.3.5. Japan

6.3.5.1. Market size and forecast, by Material, 2016-2026
6.3.5.2. Market size and forecast, by End-use, 2016-2026
6.3.5.3. Comparative market share analysis, 2018 & 2026

6.3.6. India

6.3.6.1. Market size and forecast, by Material, 2016-2026
6.3.6.2. Market size and forecast, by End-use, 2016-2026
6.3.6.3. Comparative market share analysis, 2018 & 2026

6.3.7. Australia

6.3.7.1. Market size and forecast, by Material, 2016-2026
6.3.7.2. Market size and forecast, by End-use, 2016-2026
6.3.7.3. Comparative market share analysis, 2018 & 2026

6.3.8. South Korea

6.3.8.1. Market size and forecast, by Material, 2016-2026
6.3.8.2. Market size and forecast, by End-use, 2016-2026
6.3.8.3. Comparative market share analysis, 2018 & 2026

6.3.9. Rest of the Asia Pacific

6.3.9.1. Market size and forecast, by Material, 2016-2026
6.3.9.2. Market size and forecast, by End-use, 2016-2026
6.3.9.3. Comparative market share analysis, 2018 & 2026

6.4. LAMEA

6.4.1. Market size and forecast, by Material, 2016-2026
6.4.2. Market size and forecast, by End-use, 2016-2026
6.4.3. Comparative market share analysis, 2018 & 2026

6.4.4. Brazil

6.4.4.1. Market size and forecast, by Material, 2016-2026
6.4.4.2. Market size and forecast, by End-use, 2016-2026
6.4.4.3. Comparative market share analysis, 2018 & 2026

6.4.5. Saudi Arabia

6.4.5.1. Market size and forecast, by Material, 2016-2026
6.4.5.2. Market size and forecast, by End-use, 2016-2026
6.4.5.3. Comparative market share analysis, 2018 & 2026

6.4.6. South Africa

6.4.6.1. Market size and forecast, by Material, 2016-2026
6.4.6.2. Market size and forecast, by End-use, 2016-2026
6.4.6.3. Comparative market share analysis, 2018 & 2026

6.4.7. Rest of LAMEA

6.4.7.1. Market size and forecast, by Material, 2016-2026
6.4.7.2. Market size and forecast, by End-use, 2016-2026
6.4.7.3. Comparative market share analysis, 2018 & 2026

7. Company profiles

7.1. Evonik Industries AG

7.1.1. Business overview
7.1.2. Financial performance
7.1.3. Material portfolio
7.1.4. Recent strategic moves & developments
7.1.5. SWOT analysis

7.2. Rogers Corporation

7.2.1. Business overview
7.2.2. Financial performance
7.2.3. Material portfolio
7.2.4. Recent strategic moves & developments
7.2.5. SWOT analysis

7.3. Foampartner

7.3.1. Business overview
7.3.2. Financial performance
7.3.3. Material portfolio
7.3.4. Recent strategic moves & developments
7.3.5. SWOT analysis

7.4. BASF SE

7.4.1. Business overview
7.4.2. Financial performance
7.4.3. Material portfolio
7.4.4. Recent strategic moves & developments
7.4.5. SWOT analysis

7.5. Boyd Corporation

7.5.1. Business overview
7.5.2. Financial performance
7.5.3. Material portfolio
7.5.4. Recent strategic moves & developments
7.5.5. SWOT analysis

7.6. Armacell International S.A.

7.6.1. Business overview
7.6.2. Financial performance
7.6.3. Material portfolio
7.6.4. Recent strategic moves & developments
7.6.5. SWOT analysis

7.7. SABIC

7.7.1. Business overview
7.7.2. Financial performance
7.7.3. Material portfolio
7.7.4. Recent strategic moves & developments
7.7.5. SWOT analysis

7.8. UFP Technologies

7.8.1. Business overview
7.8.2. Financial performance
7.8.3. Material portfolio
7.8.4. Recent strategic moves & developments
7.8.5. SWOT analysis

7.9. Erg Materials and Aerospace Corp

7.9.1. Business overview
7.9.2. Financial performance
7.9.3. Material portfolio
7.9.4. Recent strategic moves & developments
7.9.5. SWOT analysis

7.10. Zotedfoams Plc

7.10.1. Business overview
7.10.2. Financial performance
7.10.3. Material portfolio
7.10.4. Recent strategic moves & developments
7.10.5. SWOT analysis

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