Aircraft Insulation Global Market Report 2023: Rise in Demand for Fire Resistant Materials Bolsters Growth


Dublin, May 18, 2023 (GLOBE NEWSWIRE) -- The "Aircraft Insulation - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Aircraft Insulation Market to Reach $8.3 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Aircraft Insulation estimated at US$5.3 Billion in the year 2022, is projected to reach a revised size of US$8.3 Billion by 2030, growing at a CAGR of 5.6% over the analysis period 2022-2030. Thermal Insulation, one of the segments analyzed in the report, is projected to record a 5.6% CAGR and reach US$5.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Acoustic & Vibration Insulation segment is readjusted to a revised 5.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 9.2% CAGR

The Aircraft Insulation market in the U.S. is estimated at US$1.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2030 trailing a CAGR of 9.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.1 Billion by the year 2030.

Select Competitors (Total 42 Featured) -

  • BASF SE
  • Dow, Inc.
  • DuPont de Nemours, Inc.
  • Duracote Corporation
  • Esterline Technologies Corporation
  • Evonik Industries AG
  • Polymer Technologies, Inc.
  • Rogers Corporation
  • Triumph Group, Inc.
  • Zodiac Aerospace SA
  • Zotefoams PLC

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages244
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$5.3 Billion
Forecasted Market Value (USD) by 2030$8.3 Billion
Compound Annual Growth Rate5.8%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Aircraft Insulation - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Market Overview
  • Aircraft Thermal Acoustic Insulation
  • Aircraft Thermal Acoustic Insulation
  • Insulation Types
  • Fiberglass
  • Mineral Wool
  • Ceramic-based Materials

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Aircraft Industry Witnesses Rise in Demand for Lightweight Insulators
  • Manufacturers Focus on Advanced Acoustic
  • Rise in Demand for Fire Resistant Materials
  • Growth in Commercial Aircraft Deliveries Props the Demand for Insulation Materials
  • Rise in Passenger Traffic Pulls the Demand for Insulation Materials in Air Craft Industry
  • Focus on Aeroacoustics Drives Demand for High Performance Materials
  • Global Air Traffic passenger Growth 2016-2019
  • Foamed Plastics - The Dominant Material
  • Industry Focuses on Thermo-acoustic Insulation Blankets for Aircrafts
  • Rise in Demand for Materials with Low Thermal Conductivity
  • Drive to Develop Advanced Thermal Acoustic Materials

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

A selection of companies mentioned in this report includes

  • BASF SE
  • Dow, Inc.
  • DuPont de Nemours, Inc.
  • Duracote Corporation
  • Esterline Technologies Corporation
  • Evonik Industries AG
  • Polymer Technologies, Inc.
  • Rogers Corporation
  • Triumph Group, Inc.
  • Zodiac Aerospace SA
  • Zotefoams PLC

For more information about this report visit https://www.researchandmarkets.com/r/7pnjvt

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Attachment

 
Global Market for Aircraft Insulation

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