Aerospace Foam Market

Date: 2016-05

Aerospace foam uses numerous materials like polyethylene, metal, polyurethane and others in various aerospace applications. Polyethylene is closed-cell foam whose structure is made up of millions of tiny bubbles, sealed off from each other. Polyethylene foam is a durable, lightweight, resilient, closed-cell material. Moreover, it is generally used for packaging delicate products owing to its outstanding vibration, dampening as well as insulation properties. It also provides high resistance to chemicals and moisture.

Economic growth is the main driver for the growth of aerospace foam market, particularly in the developing regions of the world. Furthermore, rapid urbanization is also a vital factor that is anticipated to propel the global aircrafts market. Moreover, the increasing investment in part of aircrafts defense sector is yet another reason for the growing need of global aerospace foams during the forecast period. The advent of low cost airlines has led to an increase in passenger traffic, which has consecutively resulted in a stable growth of global aircrafts market. This is expected to in turn fuel the growth in demand for aerospace foams during the forecast period.

Owing to benefits such as captive power plants and independent power producers have limited presence as of now. Aerospace Foam is being used across industry verticals. Commercial & military, general aircrafts are the major end-users for aerospace market. The global market for aerospace foam was anticipated to be $XX billion in 2015. The global market for aerospace foam is estimated to grow at a CAGR of XX% and is forecast to reach $XX billion by 2021. The aerospace foam market is forecast to have the highest growth of XX% during the forecast period 2016-2021. Asia and Europe together are estimated to occupy a share of more than XX% 2015.

APAC is estimated to be the largest market for 2015 global aerospace foam market. Asia region is forecast to have highest growth in the next few years due to growing adoption of aerospace foam market in various applications. Asia aerospace foam market accounts to XX% of the global market for aerospace foam and is the fastest growing market followed by Americas.

The global aerospace foam market is evaluated based on key attributes such as base materials, application and others. Each of the segmentations in the report has been studied to give comprehensive analysis of global aerospace foam market. The overall market has also been consolidated from the perspective of different geographic locations into standard geographic regions and key economies for this market. Additionally, this report encompasses opportunity analysis, porter analysis, pricing analysis and market forces such as drivers, constraints and challenges that are involved to drive the overall market.

The key players profiled in this report are:

Evonik Industries
Saint-Gobain Performance Plastics and others.

This report gives detailed information about the product value chain right from the beginning which includes raw materials till end-use. The market is analyzed based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants. The study includes the demand of this particular market on a global and regional scale for a six year period of 2016-2021, both in terms of volume(kilo tons) and revenue($ million).


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