Aerospace Foam Market Size Worth $10,862.31 Million By 2032 | CAGR: 6.2%

Aerospace Foam Market Size Worth $10,862.31 Million By 2032 | CAGR: 6.2%


The global aerospace foam market size is expected to reach USD 10,862.31 million by 2032, according to a new study by Polaris Market Research. The report “Aerospace Foam Market Share, Size, Trends, Industry Analysis Report, By Application (Flight Deck Pads, Carbon Walls & Ceilings, Aircraft Seats, Aircraft Floor, and Others); By Type; By End-Use; By Region; Segment Forecast, 2024- 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The continuous need for flame retardant & customizable foams for a wide range of applications and growing penetration for lightweight and fuel-efficient aircraft, along with the rise in air traffic volume and airways traveling population worldwide, are major prominent factors influencing the market growth. Increasing investments in military aircraft & renewable feedstock for manufacturing green polyurethane foams and the growing development of sustainable foam products by leading players will also bode well for the market growth.

For instance, in November 2022, Foamplant introduced the world’s first fully circular, sustainable open-cell foam called “Moorefoam.” It is the first of its type product, enabling avionics manufacturers to make their products more sustainable and allow manufacturers to achieve 90% CO2 reductions.

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In recent years, the aerospace industry is significantly requiring materials that can withstand extreme temperatures, particularly in high-temperature applications like engines and exhaust systems., which has propelled the need to develop high-temperature resistant foams to address the market with properties that enable them to withstand temperatures up to 1,000 degrees Celsius.

Additive manufacturing, which is also known as 3D printing, is increasingly being used to produce foam materials for numerous aerospace applications, as it allows the creation of complex shapes and structures that would be difficult or impossible to achieve using other traditional manufacturing methods and can also result in significant weight savings is gaining traction all over the world.

Aerospace Foam Market Report Highlights

  • Carbon wall & ceilings segment accounted for largest market share in 2022, on account of its growing utilization in the chassis of aircraft and numerous applications
  • Polyurethane foam segment held the significant market revenue share in 2022, mainly due to its growing adoption across several insulation applications because of its excellent thermal insulation properties
  • Military aircrafts segment is anticipated to grow at a significant CAGR over the projected period, which is mainly driven high prevalence among companies to reduce the weight of aircrafts to improve efficiency and performance
  • North America region dominated the market with largest share in 2022, owing to presence of well-established and large manufacturers and growing technological advancements in aerospace sector in the region
  • The global key market players include General Plastics Manufacturing, ERG Aerospace, Boyd Corporation, Evonik Industries, BASF, and Rogers Corporation

Polaris Market Research has segmented the aerospace foam market report based on application, type, end-use, and region:

Aerospace Foam, Application Outlook (Revenue - USD Million, 2019 - 2032)

  • Flight Deck pads
  • Carbon Walls & Ceilings
  • Aircraft Seats
  • Aircraft Floor
  • Others

Aerospace Foam, Type Outlook (Revenue - USD Million, 2019 - 2032)

  • Polyurethane Foam
  • Polyethylene Foam
  • Melamine Foam
  • Polyimide Foam
  • Polyethylene Terephthalate Foam
  • Polyvinyl Chloride Foam
  • Specialty High Performance Foam

Aerospace Foam, End-Use Outlook (Revenue - USD Million, 2019 - 2032)

  • General Aviation
  • Commercial Aviation
  • Military Aircrafts
  • Rotary Crafts

Aerospace Foam, Regional Outlook (Revenue - USD Million, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

 

Aerospace Foam Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 6,708.11 million

Revenue forecast in 2032

USD 10,862.31 million

CAGR

6.2% from 2024– 2032

Base year

2022

Historical data

2019 – 2022

Forecast period

2024– 2032

Quantitative units

Revenue in USD million and CAGR from 2024 to 2032

Segments covered

By Application, By Type, By End-Use, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Key companies

Evonik Industries AG, BASF SE, General Plastics Manufacturing Company, UFP Technologies Inc., NCFI Polyurethanes, DuPont, Rogers Corporation, ARMACELL, ZOTEFOAMS PLC, ERG Aerospace Corporation, SABIC, Boyd Corporation, Recticel SA, Huntsman Corporation, Aerofoam Industries LLC, Technifab Inc., and Greiner Foam International GmbH.

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  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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