The report is an illustrative sample demonstrating global Aerospace Foams Market trends, product category type, and market status. The report will help you understand the various applications of the usage and features of the product. It also covers the present and past market scenarios, and market development patterns, and is likely to proceed with continuing development over the forecast period.

Market Overview:

The aerospace foams market was estimated at USD 5.1 billion in 2021 and is likely to grow at a CAGR of 8.07% during 2022-2028 to reach USD 8.81 billion in 2028.

What you get in this report–

• People looking for growth potential with respect to product categories can get all the desired information in this report, along with supporting figures and facts.
• The report studies various competitive dynamics of the market by profiling key players to gain overall market growth.
• It also includes a significant amount of analytical data about the impact of these advancements on the future of market growth.
• The business development trends, and marketing networks are analysed in this study.

NOTE: Our analysts monitoring the market situation across the globe indicate that the market will generate compensable prospects for the manufacturers post COVID-19 crisis.

Market Segmentation -

Based on the material type, the market is segmented as PU foams, PE foams, melamine foams, metal foams, PMI/polyimide foams, and others. The PE foams segment dominated the market in 2021 and is expected to remain dominant during the forecast period. Wide usage of PE-based aerospace foams in various applications of aircraft, such as seats and carpets is driving the growth of the segment.

Based on the aircraft type, the market is segmented as commercial aircraft, military aircraft, general aviation, regional aircraft, and helicopters. The commercial aircraft segment is expected to remain dominant during the forecast period owing to an increase in the number of air passengers worldwide and the growing aircraft industry.

In terms of regions, North America is estimated to be the largest market for aerospace foams during the forecast period, with The USA, Canada, and Mexico being the major countries offering lucrative growth opportunities. The North American market for aerospace foams is driven by the increasing number of passengers leading to the growth of the aviation industry, coupled with the increasing military expenditure. Europe and Asia-Pacific are also expected to offer considerable growth opportunities during the forecast period.

The top leading players operating in the market:

The key players in the global Aerospace Foams Market are –

• Armacell International S.A.
• BASF SE
• Boyd Corporation
• Evonik Industries AG
• ERG Materials & Aircraft Corp.
• FoamPartner
• Rogers Corporation
• SABIC
• UFP Technologies, Inc.
• Zotefoams PLC.

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About Us –

Stratview Research is a leading global Market Research firm providing expert research solutions, trusted by clients worldwide. This firm possesses a global presence to enable current market information using the most up-to-date methodology, best-in-class research techniques, and cost-effective approaches. It also surveys clients in several countries to provide you with the most comprehensive illustration of global trends and behaviours.