Aerospace foam: A projected value of $5,246.44 Million by 2020, signifying firm annualized growth of 7.74% between 2015 and 2020.

rowse 71 market data tables and 52 figures spread through 124 pages and in-depth TOC on “Aerospace Foam Market by Material (Polyurethane Foams, Metal Foams, Polyethylene Foams, Melamine Foams And Others), by End-User Industry (General Aviation, Commercial Aircraft, Military Aircraft), and by Region - Global Trends & Forecasts to 2020"

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The aerospace foam market has witnessed a significant growth in the recent years, and this growth is projected to persist in the coming years. Aerospace foams due to their characteristic properties provide sound barrier, shock absorption, and sound attenuation. Owing to these properties, aerospace foams are widely used in aerospace applications. Polyurethane foams are one of the major types of aerospace foam that are commercially available in various 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. Polyurethane foams are durable, lightweight, and easy to use and has broad hardness range, thus, offer good abrasion resistance and toughness. This enables their use in aerospace applications such as insulation, cushioning, flooring, roofing, so on.

Currently, North America is the biggest market of aerospace foams, accounting for nearly 38.18% of the total market size in terms of value in 2014. Among all the countries, the U.S. dominates the aerospace foams market, which accounted for the maximum market share in 2014 closely followed by China. Polyurethane foams are the largest material type of aerospace foams in terms of volume followed by metal foams. The European market is comparatively mature with a consumption growth rate well below the average market growth. The European aerospace foam market is expected to show the lowest CAGR of 7.46% between 2015 and 2020.

On the basis of end-use industry, the aerospace foam market is further categorized into general aviation, commercial aircraft, military aircraft, and others. The growth in end-use segment is primarily driven by growing demand from the Asia-Pacific region particularly from China.

The major players of the aerospace foam market include BASF SE (Germany), Evonik Industries (Germany), SABIC Innovative Plastics (Saudi Arabia), Rogers Corporation (U.S.), Zotefoams Plc (U.K.), UFP Technologies (U.S.), ERG Aerospace (U.S.), Boyd Corporation (U.S.) Roger Corporation (U.S.), Armacell International SA (U.S.), and Benien Aerospace (Germany).

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