HOME Research Insight DuPont (US) and Triumph Group Inc. (US) are the Major Player in the Aircraft Insulation Market

DuPont (US) and Triumph Group Inc. (US) are the Major Player in the Aircraft Insulation Market

Aircraft insulation can be defined as protection for aircraft parts and components by interposing materials that prevent or reduce passage, transfer, or leakage of heat, electricity, or sound. Aircraft insulation includes thermal insulation, electrical insulation, and acoustic & vibration insulation. The aircraft insulation market is projected to grow from USD 7.46 Billion in 2017 to USD 9.89 Billion by 2022, at a CAGR of 5.79% from 2017 to 2022. The Europe aircraft insulation market is growing due to the increase in aircraft modernization programs and the aircraft insulation market in Asia Pacific is growing due to the increasing demand for new aircraft.

The use of advanced materials, such as magnesium and aluminum oxides, ceramic matrix composites, polyurethane, and melamine foams have increased manifold and is prevalent in this market.

DuPont (US), Triumph Group Inc. (US), Esterline Technologies Corporation (US), BASF SE (Germany), Zodiac Aerospace (France), etc., are the key players operating in the aircraft insulation market. These players have been focusing on securing contracts to ensure their organic growth in the aircraft insulation market. Core competencies of these market players include widespread geographical presence, and increased investments in R&D activities.

DuPont (US) is a major player in the aircraft insulation market. The company focuses on winning contracts through extensive R&D activities. The company has a wide product portfolio that consists of materials and components for aircraft insulation. The company’s innovative next-generation products and strategic investments are expected to help DuPont achieve robust international growth in the future. Its strong R&D capabilities have resulted in the delivery new products to customers from each of its key business segments.

Triumph Group Inc. (US) is another major player in the aircraft insulation market, which offers thermal-acoustic insulation materials, and aircraft interior components for defense and commercial sectors. The company delivers products and services mainly through contracts from customers. For example, in 2012, Triumph Insulation Systems signed a contract with DAHER-SOCATA, a subsidiary of the DAHER Group (France), to provide a life cycle of thermal and acoustic insulation systems for the international aerospace market.

Related Reports:

Aircraft Insulation Market by Type (Thermal, Acoustic & Vibration, Electric), Material (Foamed Plastics, Fiberglass, Mineral Wool, Ceramic-based Materials), Application Area (Airframe, Engine), Platform and Region - Global Forecast to 2022

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