Aerospace Foams Market

Aerospace Foams Market by Material (PU Foams, PE Foams, Melamine Foams, Metal Foams, PMI/Polyimide Foams), End-Use (Commercial Aircraft, Military Aircraft, And General Aviation), Application and Region - Global Forecast to 2024

Report Code: CH 3165 Sep, 2019, by

[250 Pages Report] The aerospace foams market size is projected to grow from USD 4.4 billion in 2019 to USD 6.5 billion by 2024, at a CAGR of 8.2% from 2019 to 2024. Surging demand for lightweight and fuel-efficient aircraft, as well as the growing aviation industry across the globe, is fueling the growth of the market. The manufacturing of advanced materials and new product launches by several prominent players in the aerospace industry is one of the key factors driving the growth of the aerospace foams industry across the globe. The favorable government policies in Brazil, as well as the increase in the use of bio-based PU foams in North America and Europe, is expected to upsurge and diversify the aerospace foams market, thus acting as an opportunity for the growth of the aerospace foams market.

Aerospace Foams Market

Based on end-use, the commercial aircraft segment of theaerospace foams market is projected to grow at the highest CAGR in terms of value and volume from 2019 to 2024

Based on end-use, the commercial aircraft segment of the market is expected to grow at the highest CAGR during the forecast period in terms of both value and volume. An increasing number of air passengers worldwide is boosting the growth of the market. Furthermore, the surge in low-cost operators or low-cost carriers in the regions such as Asia Pacific, Middle East, and South America, has resulted in the hike in demand for commercial aircraft segment. These factors are driving the growth of the aerospace foams market across the globe.

Based on material, the PU Foamssegment of the aerospace foams market is projected to dominate the aerospace foams market from 2019 to 2024 in terms of both value and volume.

Based on material, the aerospace foams market has been segmented into PU foams, PE foams, melamine foams, metal foams, PMI/polyimide foams, and others. PU foams segment is projected to lead the market during the forecast period in terms of both value and volume. The rising demand for PU aerospace foams in seating and carpeting applications in the aviation industry and its low cost is considered as some of the key factors expected to drive the growth of the PU foams segment of the market.

Aerospace Foams Market

North America is projected to lead the aerospace foams market during the forecast period in terms of both value and volume

North America is estimated to be the largest market for aerospace foams in 2019. US, Canada, and Mexico are the major consumers of aerospace foams in this region. Growth of the aviation industry, rising number of air passengers, and increasing military expenditure are factors driving the growth of the aerospace foams market in this region.

Key Market Players

BASF SE (Germany), Evonik Industries AG (Germany), Boyd Corporation (US), Rogers Corporation (US), FoamPartner (Switzerland), Armacell International S.A. (Luxembourg), SABIC (Saudi Arabia), ERG Materials and Aerospace Corp (US), UFP Technologies, Inc. (US), Zotefoams Plc (UK), General Plastics Manufacturing Company (US), Solvay SA (Belgium), Pyrotek Inc. (US), and Greiner AG (Austria) are some of the leading players operating in the aerospace foams market. These players have adopted the strategies of expansions, acquisitions, new product launches, investments, new technology developments, partnerships, mergers, collaborations, and agreements to enhance their position in the market.

Scope Of The Report

Report Metric


Market Size Available for Years


Base Year Considered


Forecast Period


Forecast Units

Value (USD Billion) and Volume (Tons)

Segments Covered

Material, End-Use, and Region

Geographies Covered

North America, Asia Pacific, Europe, the Middle East & Africa, and South America

Companies Covered

BASF SE (Germany), Evonik Industries AG (Germany), Boyd Corporation (US), Rogers Corporation (US), FoamPartner (Switzerland), Armacell International S.A. (Luxembourg), SABIC (Saudi Arabia)
Total 14 major players covered.

This research report categorizes the aerospace foams market based on material, end-use, application (qualitative), and region.

Based on Material, the aerospace foams market has been segmented as follows:

  • PU Foams
  • PE Foams
  • Melamine Foams
  • Metal Foams
  • PMI/Polyimide Foams
  • Others
    • PVDF Foams
    • PPSU Foams
    • Ceramic Foams
    • PEI Foams
    • Silicones Foams
    • PET Foams
    • PVC Foams
    • Polycarbonate Foams

Based on End-Use, the aerospace foams market has been segmented as follows:

  • Commercial Aircraft
    • Commercial Business Aviation
    • Air Charter
    • Air Taxi
  • Military Aircraft
  • General Aviation

Based on Application, the aerospace foams market has been segmented as follows:

  • Aircraft Seats
  • Aircraft Floor Carpets
  • Flight Deck Pads
  • Cabin Walls and Ceilings
  • Overhead Stow Bins
  • Others (Aircraft Prototypes, Galleys and Lavatories)

Based on Region, the aerospace foams market has been segmented as follows:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Recent Developments

  • In January 2017, Rogers Corporation completed the acquisition of Diversified Silicone Products, Inc., a custom silicone product development and manufacturer based in the US. The acquisition expanded the product portfolio of Elastomeric Material Solutions (EMS), an operating segment of Rogers Corporation. Furthermore, the acquisition is expected to lead to additional silicone growth opportunities in end-use industries such as aerospace.
  • In September 2014, Boyd Corporation completed the acquisition of Solimide business from Evonik Industries AG (Germany) which had its operations in Magnolia, Arkansas and Allen, Texas. This development is expected to create a synergy which would offer a competitive edge and aid the company in strengthening its core business globally.

Key Questions Addressed by the Report

  • What is the mid- to long-term effect of the developments that were undertaken by various aerospace foam manufacturing companies?
  • What are the upcoming industry applications of aerospace foams?
  • What is the impact of the change in government policies on the aerospace foams market?
  • What is the estimated size of the aerospace foams market in 2019?
  • What are the different use cases of aerospace foams?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction
    1.1 Analyst Insights
    1.2 Market Definitions
    1.3 Market Segmentation & Aspects Covered

2 Research Methodology
    2.1 Arriving at Aerospace Foam Market Size
    2.2 Market Size Estimation
    2.3 Top Down Approach
    2.4 Bottom Up Approach
    2.5 Demand (Consumption) Side Analysis

3 Executive Summary

4 Premium Insights

5 Market Overview
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Market Drivers
           Growing Demand for the Light Weight and Fuel Efficient Aircrafts
           Steady Growth in Aerospace Industry
           5.2.2 Restraints
           Stringent Regulations Regarding the Use of PU Foams
           5.2.3 Opportunities
           Renewable Feedstock for Manufacturing Green PU Foams
           5.2.4 Challenges
           Proper Disposal & Recycling Technique
           Fluctuation in the Price of  Raw Materials
    5.3 Overview of Aerospace Foam Market
    5.4 Raw Material Analysis
           5.4.1 Polyurethane
           5.4.1 Methylene Diphenyl Diisocyanate (MDI)
           5.4.2 Toluene Diisocyanate (TDI)
           5.4.3 Polyol
           5.4.2 Polyethylene
           Polyethylene Resins
           5.4.3 Metal
           Aluminium Alloy
           Titanium Alloy
           Super Alloys
           5.4.4 Melamine
           Methacrylic Acid
    5.5 Industry Trends
    5.6 Porters Five Forces Analysis
           5.6.1 Bargaining Power of Suppliers
           5.6.2 Bargaining Power of Buyers
           5.6.3 Intensity of Rivalry
           5.6.4 Threat of New Entrant
           5.6.5 Threat of Substitute
    5.7 Price Trend Analysis
    5.8 Regulations and Policies
    5.9 Structural and Non-Structural Foam

6 Aerospace Foam Market, By Material
    6.1 Introduction
    6.2 PU Foam
    6.3 PE Foam
    6.4 Metal Foam
    6.5 Melamine Foam
    6.6 Polyimide/PMI
    6.7 Others
           6.7.1 Ceramic Foam
           6.7.2 PEI Foam
           6.7.3 Silicon Foam
           6.7.4 PET Foam
           6.7.5 PVC Foam
           6.7.5 PVDF Foam
           6.7.7 PPSU Foam

7 Aerospace Foam Market, By End Use 
    7.1 Introduction
    7.2 General Aviation
    7.3 Commercial Aircraft
           7.3.1 Commercial Business Aviation
           7.3.2 Charter
           7.3.3 Air Taxi
    7.4 Military Aircraft

8 Aerospace Foam Market, Formulation By Application 
    8.1 Introduction
    8.2 Aircraft Seats
    8.3 Aircraft Floor Carpets
    8.4 Flight Deck Pads
    8.5 Cabin Walls and Ceilings
    8.6 Overhead Stow Bins
    8.7 Galleys and Lavatories
    8.8 Overhead Stow Bins

9 Aerospace Foam Market, By Region
    9.1 Introduction
    9.2 Asia-Pacific
           9.2.1 China
           9.2.2 Japan
           9.2.3 Singapore
           9.4.4 Australia & New Zealand
           9.2.5 Rest of Asia-Pacific
    9.3 North America
           9.3.1 U.S.
           9.3.2 Canada
           9.3.3 Mexico
    9.4 Europe
           9.4.1 Germany
           9.4.2 France
           9.4.3 U.K.
           9.4.4 Russia
           9.4.5 Italy
           9.4.6 The Netherlands
           9.4.6 Rest of Europe
    9.5 South America
           9.5.1 Brazil
           9.5.2 Argentina
           9.5.2 Rest of South America
    9.6 Middle East & Africa
           9.6.1 Saudi Arabia
           9.6.2 UAE
           9.6.3 Rest of Middle East & Africa
*Note: Further Breakdown of Middle East and Rest of Asia-Pacific Countries Can Be Provided, as Per the List of Countries the Client Asks For. 

10 Aerospace Foam Competitive Landscape
     10.1 Introduction
     10.2 Market Structure and Dive Matrix
     10.3 Company Presence in Aerospace Foam Market
     10.4 Competitive Situation & Trends 

11 Aerospace Foam Market, Company Profiles
     11.1 BASF SE
     11.2 Evonik Industries AG
     11.3 Rogers Corporation
     11.4 Sabic Innovative Plastics
     11.5 Armacell International SA
     11.6 Foampartner
     11.7 ERG Materials and Aerospace Corp
     11.8 Boyd Corporation
     11.9 UFP Technologies
     11.10 Zotefoams Plc
     11.11 General Plastics Manufacturing Company
     11.12 Solvay S.A.
     11.13 Dowdupont
     11.14 Mueller
     11.15 NCFI Polyurethanes
     11.16 Pyrotek
     11.17 Everchem Specialty Chemicals
     11.18 Huntsman Corporation
     11.19 Aerofoam Industries
     11.20 Sekisui-Voltek, LLC.
Note: The Company Profiles Include SWOT, Competitive Benchmarking, and Product Portfolios. 

The study involved four major activities in estimating the current size of the aerospace foams market. Exhaustive secondary research was done to collect information on the aerospace foams market, its peer markets, and its parent market. The next step was to validate these findings, assumptions, and sizing with the industry experts across the aerospace foams value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments of the aerospace foams market.

Secondary Research

As a part of the secondary research process, various secondary sources such as Hoovers, Bloomberg, BusinessWeek, and Dun & Bradstreet have been referred to, for identifying and collecting information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, and articles by recognized authors, authenticated directories, and databases.
Secondary research was mainly conducted to obtain key information about the supply chain of the industry, a monetary chain of the market, the total pool of players, and market classification and segmentation according to industry trends to the bottom-most level, regional markets, and key developments undertaken from both, market and technology oriented perspectives.

Primary Research

The aerospace foams market comprises several stakeholders such as raw material suppliers, processors, end-product manufacturers, and regulatory organizations in the supply chain.

As a part of the primary research process, various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative information for this report on the aerospace foams market. Primary sources from the supply side included industry experts such as Chief Executive Officers (CEOs), vice presidents, marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the aerospace foams market. Primary sources from the demand side included directors, marketing heads, and purchase managers from various end-use industries. Following is the breakdown of the primary respondents.

Aerospace Foams Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the aerospace foams market. These methods were also used extensively to estimate the size of various segments and subsegments of the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets were identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value and volume, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size-using the market size estimation processes as explained above-the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides. In addition to this, the market size was validated using both top-down and bottom-up approaches.

Report Objectives

  • To define, describe, and forecast the size of the global aerospace foams market based on material, end-use, and region
  • To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically analyze micromarkets1 with respect to individual growth trends, future prospects, and contribution to the total market
  • To analyze the opportunities in the market for stakeholders and details of a competitive landscape for market leaders
  • To forecast the revenue of market segments with respect to 5 main regions (along with countries), namely, North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • To strategically profile key players and comprehensively analyze their market shares and core competencies
  • To track and analyze competitive developments, such as joint ventures, mergers & acquisitions, new product developments, and research & developments in the market

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs.

The following customization options are available for the report:

Regional Analysis

  • Further breakdown of the North America, Europe, and Asia Pacific aerospace foams market

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Company Information

  • Detailed analysis and profiles of additional market players (up to five)
Report Code
CH 3165
Published ON
Sep, 2019
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