Aerospace Foam Market by Material, by End-User Industry, and by Region - Global Trends & Forecasts to 2020
LONDON, Oct. 22, 2015 /PRNewswire/ -- Aerospace foams use various materials such as polyethylene foams, metal foams, and polyurethane foams in different aerospace applications such as general aircrafts, commercial aircrafts, and military aircrafts. All these foams maintain performance through high temperatures, reduce air leakage, and provide sound barrier and superior temperature insulation performance.
North-America is the largest market for aerospace foams and this dominance is expected to continue till 2020. The U.S. is the key market in the region, accounting for more than half of the demand for aerospace foams. Increase in the consumption of polyurethane foams, polyethylene foams, melamine foams, and metal foams have been observed in North-America due to continued industrialization and rise in the manufacturing sector in the region. The continuous growth and innovation, along with industry consolidations, are projected to ascertain a bright future for the industry.
Polyurethane foams are one of the major types of aerospace foams. They are commercially available in different forms ranging from low to high density with varying rigidity and tensile strength, and are classified as flexible (lightweight) foams and rigid (tough, stiff, and strong) foams. Rigid foams are one of the most popular forms of polyurethane and find applications across a host of segments. They have one of the highest insulating R-values per inch typically ranging from R 5.5 to R 8 per inch and are strong, yet lightweight, low-density structures that are both dimensionally stable and moisture-resistant with low vapour transmission. Flexible foams generally range from low density (~6 kilo/m3) to high density (~1,200 kilo/m3) and can easily be cut or molded into almost any shapes and firmness.
This study estimates the market size in terms of value for aerospace foams and projects the same by 2020. As a part of quantitative analysis, the study segments the market by types of aerospace foams and end-use industry at country level with the current market estimation and forecast till 2020. The countries covered in the report are China, Japan, Brazil, Germany, the U.K., France, Italy, the Netherlands, Russia, and the U.S. The segmentation by types includes polyurethane foams, polyethylene foams, melamine foams, metal foams, and others. The segmentation by end-use industry includes commercial aircraft, military aircraft, and general aviation. Furthermore, as a part of the qualitative analysis, the research provides a comprehensive review of major market drivers, restraints, opportunities, burning issues, challenges, and key issues in the market. It also includes the company profiling and competitive strategies adopted by different market players, including BASF SE (Germany), Evonik Industries (Germany), SABIC Innovative Plastics (Saudi Arabia), Rogers Corporation (U.S.), Armacell International SA (Germany), Zotefoams Plc. (U.K.), UFP Technologies (U.S.), ERG Aerospace (U.S.), Boyd Corporation (U.S.), and Benin Aerospace (Germany).
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