Covid-19 Impact on Aerospace Foam Market:The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, and construction materials are facing a diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in the supply of raw materials, which directly affected the manufacturing process. Further, the halt in many end-use industries directly affected the chemical demand all around the world.
Aerospace Foam Market Overview The global Aerospace Foam Market was worth $6.1 billion in 2021 and is expected to be worth $10.2 billion by 2030, increasing at a CAGR of 7.2% between 2023 and 2030.
Aerospace foam is specially developed foam as per the aerospace industry standard. The global aviation industry has set firm standards which have increased the demand for flame-retardant, flexible, and customizable foams. These foams are hugely used in cabin applications such as galleys, seating, lavatories, and overhead luggage bins. In addition, different uses of foam for blocking rays, and absorbing impact and radiation. This has become a key aspect positively affecting growth for the aerospace foams market.
Due to rising low-cost airliners which are driving up a total number of passengers each year. The rising number of passengers further needs to advance cabinet facilities like seating arrangements. Additionally, the new big front seats will insert additional memory foam, coloured stitching for attractive looks, and additional cushioning for front seats. Growing demand for better seating arrangements is expected to generate many new opportunities for the growth of the aerospace foams market in the forthcoming year.
On the other hand, the fluctuations in raw materials prices may hamper the growth of the market. Besides, the rise in governmental investment in military aircraft is expected to provide profitable opportunities for the global aerospace foams market in the near future.
Aerospace Foam Market Segment OverviewThe polyurethane segment has significant growth in the market. The demand for polyurethane foam products for aircraft flight decks and interior cabins has increased, due to their excellent absorption and cushioning formulations. Furthermore, metal foams have excellent mechanical & thermal properties, which is expected to increase its application in military transport applications. In addition, progress in heat-retardant foams is expected to fuel the aerospace foam market growth by providing several growth opportunities.
Aerospace Foam Market Regional OverviewBased on region, the North American region is contributing a major share of the global aerospace foams market. The rise of several low-cost airliners, the large flight frequency, and the increasing demand for comfort are expected to drive the growth of the market in the region.
Aerospace Foam Market Competitor OverviewØ November 2019, Due to increasing demand for lightweight construction materials for speciality applications, Evonik is expanding its production of ROHACELL® high-performance rigid, closed-cell foams at its Mobile, Alabama site in the United States.
Ø September 2018, BASF developed the world's first particle foam based on polyethersulfone. Prototypes with a unique combination of properties: lightweight, stiff and strong, high temperature resistant, intrinsically flame retardant. Suitable for complex-shaped components in cars, aeroplanes, and trains
Ø In 2018, the US Congress passed a nationwide regulation requiring airport trucks to use a different variety of fire-extinguishing foam. These foams known as C-8 or the C-6 variety type are widely used to smother aircraft fires.
Aerospace Foam Market, Key Players· Honeywell International, Inc.
· EnerNOC, Inc.
· Eaton Corporation PLC.
· Landis+Gyr
· Itron, Inc.
· Schneider Electric
· General Electric
· Siemens AG Johnsons Control, Inc.
· ABB
· Comverge, Inc.
· Opower, Inc.
Aerospace Foam Market SegmentationAerospace Foam Market, By Type of Foam
· Polyurethane
· Polyethylene
· Ceramic
· Metal
· Others
Aerospace Foam Market, By Application
· General Aviation
· Commercial Aircraft
· Military Aircraft
Aerospace Foam Market, By Region
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
List of Figures
Figure 1: Global Aerospace Foam Market Revenue Breakdown (USD Billion, %) by Region, 2023 & 2030
Figure 2: Global Aerospace Foam Market Value Share (%), By Segment 1, 2023 & 2030
Figure 3: Global Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 4: Global Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 5: Global Aerospace Foam Market Value Share (%), By Segment 2, 2023 & 2030
Figure 6: Global Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 7: Global Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 8: Global Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 9: Global Aerospace Foam Market Forecast (USD Billion), by Others, 2021-2030
Figure 10: Global Aerospace Foam Market Value Share (%), By Segment 3, 2023 & 2030
Figure 11: Global Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 12: Global Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 13: Global Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 14: Global Aerospace Foam Market Forecast (USD Billion), by Others, 2021-2030
Figure 15: Global Aerospace Foam Market Value (USD Billion), by Region, 2023 & 2030
Figure 16: North America Aerospace Foam Market Value Share (%), By Segment 1, 2023 & 2030
Figure 17: North America Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 18: North America Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 19: North America Aerospace Foam Market Value Share (%), By Segment 2, 2023 & 2030
Figure 20: North America Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 21: North America Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 22: North America Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 23: North America Aerospace Foam Market Forecast (USD Billion), by Others, 2021-2030
Figure 24: North America Aerospace Foam Market Value Share (%), By Segment 3, 2023 & 2030
Figure 25: North America Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 26: North America Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 27: North America Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 28: North America Aerospace Foam Market Forecast (USD Billion), by Others, 2021-2030
Figure 29: North America Aerospace Foam Market Forecast (USD Billion), by U.S., 2021-2030
Figure 30: North America Aerospace Foam Market Forecast (USD Billion), by Canada, 2021-2030
Figure 31: Latin America Aerospace Foam Market Value Share (%), By Segment 1, 2023 & 2030
Figure 32: Latin America Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 33: Latin America Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 34: Latin America Aerospace Foam Market Value Share (%), By Segment 2, 2023 & 2030
Figure 35: Latin America Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 36: Latin America Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 37: Latin America Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 38: Latin America Aerospace Foam Market Forecast (USD Billion), by Others, 2021-2030
Figure 39: Latin America Aerospace Foam Market Value Share (%), By Segment 3, 2023 & 2030
Figure 40: Latin America Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 41: Latin America Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 42: Latin America Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 43: Latin America Aerospace Foam Market Forecast (USD Billion), by Others, 2021-2030
Figure 44: Latin America Aerospace Foam Market Forecast (USD Billion), by Brazil, 2021-2030
Figure 45: Latin America Aerospace Foam Market Forecast (USD Billion), by Mexico, 2021-2030
Figure 46: Latin America Aerospace Foam Market Forecast (USD Billion), by Rest of Latin America, 2021-2030
Figure 47: Europe Aerospace Foam Market Value Share (%), By Segment 1, 2023 & 2030
Figure 48: Europe Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 49: Europe Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 50: Europe Aerospace Foam Market Value Share (%), By Segment 2, 2023 & 2030
Figure 51: Europe Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 52: Europe Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 53: Europe Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 54: Europe Aerospace Foam Market Forecast (USD Billion), by Others, 2021-2030
Figure 55: Europe Aerospace Foam Market Value Share (%), By Segment 3, 2023 & 2030
Figure 56: Europe Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 57: Europe Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 58: Europe Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 59: Europe Aerospace Foam Market Forecast (USD Billion), by Others, 2021-2030
Figure 60: Europe Aerospace Foam Market Forecast (USD Billion), by U.K., 2021-2030
Figure 61: Europe Aerospace Foam Market Forecast (USD Billion), by Germany, 2021-2030
Figure 62: Europe Aerospace Foam Market Forecast (USD Billion), by France, 2021-2030
Figure 63: Europe Aerospace Foam Market Forecast (USD Billion), by Italy, 2021-2030
Figure 64: Europe Aerospace Foam Market Forecast (USD Billion), by Spain, 2021-2030
Figure 65: Europe Aerospace Foam Market Forecast (USD Billion), by Russia, 2021-2030
Figure 66: Europe Aerospace Foam Market Forecast (USD Billion), by Rest of Europe, 2021-2030
Figure 67: Asia Pacific Aerospace Foam Market Value Share (%), By Segment 1, 2023 & 2030
Figure 68: Asia Pacific Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 69: Asia Pacific Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 70: Asia Pacific Aerospace Foam Market Value Share (%), By Segment 2, 2023 & 2030
Figure 71: Asia Pacific Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 72: Asia Pacific Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 73: Asia Pacific Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 74: Asia Pacific Aerospace Foam Market Forecast (USD Billion), by Others, 2021-2030
Figure 75: Asia Pacific Aerospace Foam Market Value Share (%), By Segment 3, 2023 & 2030
Figure 76: Asia Pacific Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 77: Asia Pacific Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 78: Asia Pacific Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 79: Asia Pacific Aerospace Foam Market Forecast (USD Billion), by Others, 2021-2030
Figure 80: Asia Pacific Aerospace Foam Market Forecast (USD Billion), by China, 2021-2030
Figure 81: Asia Pacific Aerospace Foam Market Forecast (USD Billion), by India, 2021-2030
Figure 82: Asia Pacific Aerospace Foam Market Forecast (USD Billion), by Japan, 2021-2030
Figure 83: Asia Pacific Aerospace Foam Market Forecast (USD Billion), by Australia, 2021-2030
Figure 84: Asia Pacific Aerospace Foam Market Forecast (USD Billion), by Southeast Asia, 2021-2030
Figure 85: Asia Pacific Aerospace Foam Market Forecast (USD Billion), by Rest of Asia Pacific, 2021-2030
Figure 86: Middle East & Africa Aerospace Foam Market Value Share (%), By Segment 1, 2023 & 2030
Figure 87: Middle East & Africa Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 88: Middle East & Africa Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 89: Middle East & Africa Aerospace Foam Market Value Share (%), By Segment 2, 2023 & 2030
Figure 90: Middle East & Africa Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 91: Middle East & Africa Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 92: Middle East & Africa Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 93: Middle East & Africa Aerospace Foam Market Forecast (USD Billion), by Others, 2021-2030
Figure 94: Middle East & Africa Aerospace Foam Market Value Share (%), By Segment 3, 2023 & 2030
Figure 95: Middle East & Africa Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 96: Middle East & Africa Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 97: Middle East & Africa Aerospace Foam Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 98: Middle East & Africa Aerospace Foam Market Forecast (USD Billion), by Others, 2021-2030
Figure 99: Middle East & Africa Aerospace Foam Market Forecast (USD Billion), by GCC, 2021-2030
Figure 100: Middle East & Africa Aerospace Foam Market Forecast (USD Billion), by South Africa, 2021-2030
Figure 101: Middle East & Africa Aerospace Foam Market Forecast (USD Billion), by Rest of Middle East & Africa, 2021-2030
List of Tables
Table 1: Global Aerospace Foam Market Revenue (USD Billion) Forecast, by Segment 1, 2021-2030
Table 2: Global Aerospace Foam Market Revenue (USD Billion) Forecast, by Segment 2, 2021-2030
Table 3: Global Aerospace Foam Market Revenue (USD Billion) Forecast, by Segment 3, 2021-2030
Table 4: Global Aerospace Foam Market Revenue (USD Billion) Forecast, by Region, 2021-2030
Table 5: North America Aerospace Foam Market Revenue (USD Billion) Forecast, by Segment 1, 2021-2030
Table 6: North America Aerospace Foam Market Revenue (USD Billion) Forecast, by Segment 2, 2021-2030
Table 7: North America Aerospace Foam Market Revenue (USD Billion) Forecast, by Segment 3, 2021-2030
Table 8: North America Aerospace Foam Market Revenue (USD Billion) Forecast, by Country, 2021-2030
Table 9: Europe Aerospace Foam Market Revenue (USD Billion) Forecast, by Segment 1, 2021-2030
Table 10: Europe Aerospace Foam Market Revenue (USD Billion) Forecast, by Segment 2, 2021-2030
Table 11: Europe Aerospace Foam Market Revenue (USD Billion) Forecast, by Segment 3, 2021-2030
Table 12: Europe Aerospace Foam Market Revenue (USD Billion) Forecast, by Country, 2021-2030
Table 13: Latin America Aerospace Foam Market Revenue (USD Billion) Forecast, by Segment 1, 2021-2030
Table 14: Latin America Aerospace Foam Market Revenue (USD Billion) Forecast, by Segment 2, 2021-2030
Table 15: Latin America Aerospace Foam Market Revenue (USD Billion) Forecast, by Segment 3, 2021-2030
Table 16: Latin America Aerospace Foam Market Revenue (USD Billion) Forecast, by Country, 2021-2030
Table 17: Asia Pacific Aerospace Foam Market Revenue (USD Billion) Forecast, by Segment 1, 2021-2030
Table 18: Asia Pacific Aerospace Foam Market Revenue (USD Billion) Forecast, by Segment 2, 2021-2030
Table 19: Asia Pacific Aerospace Foam Market Revenue (USD Billion) Forecast, by Segment 3, 2021-2030
Table 20: Asia Pacific Aerospace Foam Market Revenue (USD Billion) Forecast, by Country, 2021-2030
Table 21: Middle East & Africa Aerospace Foam Market Revenue (USD Billion) Forecast, by Segment 1, 2021-2030
Table 22: Middle East & Africa Aerospace Foam Market Revenue (USD Billion) Forecast, by Segment 2, 2021-2030
Table 23: Middle East & Africa Aerospace Foam Market Revenue (USD Billion) Forecast, by Segment 3, 2021-2030
Table 24: Middle East & Africa Aerospace Foam Market Revenue (USD Billion) Forecast, by Country, 2021-2030
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
