Growth Opportunities in the Global Aerospace Foam Market
LONDON, Jan. 18, 2018 /PRNewswire/ --
The future of the global aerospace foam market looks good with opportunities in commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft. The global aerospace foam market is expected to grow with a CAGR of 4.3% by value from 2017 to 2022. The major drivers for this market are increases in aircraft delivery, and retrofitting of aircraft interiors.
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Emerging trends, which have a direct impact on the dynamics of the aerospace foam industry, include increasing demand for manufacturing eco-friendly foam and increasing demand for manufacturing lower density foam.
Aerospace Foam Market TrendsAerospace Foam Market Forecast
Growth Opportunities for the Global Aerospace Foam Market by Region
The study includes the aerospace foam market size and forecast for the global aerospace foam market through 2022 by aircraft type, material type, application, foam type, property, and region, as follows:
Aerospace Foam Market by Aircraft Type (Volume (million lbs) and Value ($ million) from 2011 to 2022):
Commercial Aircraft
Regional Aircraft
General Aviation
Helicopter
Military Aircraft
Aerospace Foam Market by Material Type (Volume (million lbs) and Value ($ million) from 2011 to 2022):
Polyurethane
Polyethylene
Melamine
Others
Aerospace Foam Market by Application (Volume (million lbs) and Value ($ million) from 2011 to 2022):
Interior
Aero structure
Others
Aerospace Foam Market by Foam Type (Volume (million lbs) and Value ($ million) from 2011 to 2022):
Rigid Foam
Flexible Foam
Aerospace Foam Market by Property (Volume (million lbs) and Value ($ million) from 2011 to 2022):
Cushioning
Insulation
Others
Aerospace Foam Market by Region (Value ($M) shipment analysis from 2011 to 2022):
North America
United States
Canada
Europe
France
Italy
Russia
Asia Pacific
Japan
China
India
Rest of the World
Brazil
Aerospace foam companies profiled in this market include Recticel, DOW, BASF, Rogers, FXI, and Foam Partner are among the major manufacturers.
On the basis of its comprehensive research, Lucintel forecasts that the interior segment is likely to remain the largest market during the forecast period due to large amount of foam used in aircraft seats and cabin insulation. Within the aerospace foam market, commercial aircraft is the largest segment by aircraft type.
By material type, polyurethane foam is expected to remain the largest market over the forecast period because it offers the most versatile properties such as ability to formulate in a wide range of stiffness, hardness, and densities.
North America is expected to remain the largest region during the forecast period mainly due to high demand for newer aircraft and the replacement of an aging fleet. APAC is expected to experience highest growth over the forecast period because of increase in aircraft deliveries.
Some of the features of "Growth Opportunities in the Global Aerospace Foam Market
2017-2022: Trends, Forecast, and Opportunity Analysis" include:
Market size estimates: Global aerospace foam market size estimation in terms of value ($M) and volume (M Lbs.) shipment.
Trend and forecast analysis: Market trend (2011-2016) and forecast (2017-2022) by segments and region.
Segmentation analysis: Global aerospace foam market size by various applications such as aircraft, material, application, foam, and property in terms of value and volume shipment.
Regional analysis: Global aerospace foam market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions of aerospace foam in the global aerospace foam market.
Strategic analysis: This includes M&A, new product development, and competitive landscape of aerospace foam the global aerospace foam market. Analysis of competitive intensity of the industry based on Porter's Five Forces model.
This report answers the following key questions:
Q.1 What are some of the most promising, high-growth opportunities for the global aerospace foam market by aircraft type (commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft), by material type (polyurethane, polyethylene, melamine, and others), by application (interior, aero structure, and others), by foam type (rigid foam and flexible foam), by property (cushioning, insulation, and others), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which material segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this aerospace foam market?
Q.5 What are the business risks and competitive threats in this aerospace foam market?
Q.6 What are the emerging trends in this aerospace foam market and the reasons behind them?
Q.7 What are some of the changing demands of customers in the aerospace foam market?
Q.8 What are the new developments in the aerospace foam market and which companies are leading these developments?
Q.9 Who are the major players in this aerospace foam market? What strategic initiatives are being taken by key companies for business growth?
Q.10 What M&A activity has occurred in the aerospace foam market last 5 years?
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