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Tuesday, October 15, 2024

Lucintel Forecasts the Global Aerospace Foam Market to Reach $11 Billion by 2030

According to the recent study the global aerospace foam market is projected to reach an estimated $11 billion by 2030 from $7 billion in 2023 at a CAGR of 8% from 2023 to 2030. Growth in this market is primarily driven by increases in aircraft delivery, and retrofitting of aircraft interiors.

Browse 49 figures/charts and 42 tables in this 159-page report to understand trends, opportunities and forecast in aerospace foam market by aircraft type (commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft), material type (polyurethane, polyethylene, melamine, and others), application (interior, aero structure, and others), foam type (rigid foam and flexible foam), property (cushioning, insulation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that the interior segment is likely to remain the largest market during the forecast period due to large amount of foam used in aircraft seats and cabin insulation. Within the aerospace foam market, commercial aircraft is the largest segment by aircraft type.

Within this market by material type, polyurethane foam is expected to remain the largest market over the forecast period because it offers the most versatile properties such as ability to formulate in a wide range of stiffness, hardness, and densities.

Download sample by clicking on aerospace foam market.

By foam type, the flexible foam segment is expected to be the largest segment because flexible foam can be transformed in almost any shapes and firmness; it provides cushioning and insulating properties. Flexible foam is used in aircraft seats, carpets, cabin insulation, duct insulation, gaskets, and seals.

Europe will remain the largest region by value and by volume during the forecast period due to high demand for newer aircraft and the replacement of an aging fleet.

Recticel, DOW, BASF, Rogers, FXI, and Foam Partner are among the major aerospace foam market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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