The global aerospace foam market size is expected to reach USD 10,862.31 million by 2032, according to a new study by Polaris Market Research. The report “Aerospace Foam Market Share, Size, Trends, Industry Analysis Report, By Application (Flight Deck Pads, Carbon Walls & Ceilings, Aircraft Seats, Aircraft Floor, and Others); By Type; By End-Use; By Region; Segment Forecast, 2024- 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The continuous need for flame retardant & customizable foams for a wide range of applications and growing penetration for lightweight and fuel-efficient aircraft, along with the rise in air traffic volume and airways traveling population worldwide, are major prominent factors influencing the market growth. Increasing investments in military aircraft & renewable feedstock for manufacturing green polyurethane foams and the growing development of sustainable foam products by leading players will also bode well for the market growth.
For instance, in November 2022, Foamplant introduced the world’s first fully circular, sustainable open-cell foam called “Moorefoam.” It is the first of its type product, enabling avionics manufacturers to make their products more sustainable and allow manufacturers to achieve 90% CO2 reductions.
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In recent years, the aerospace industry is significantly requiring materials that can withstand extreme temperatures, particularly in high-temperature applications like engines and exhaust systems., which has propelled the need to develop high-temperature resistant foams to address the market with properties that enable them to withstand temperatures up to 1,000 degrees Celsius.
Additive manufacturing, which is also known as 3D printing, is increasingly being used to produce foam materials for numerous aerospace applications, as it allows the creation of complex shapes and structures that would be difficult or impossible to achieve using other traditional manufacturing methods and can also result in significant weight savings is gaining traction all over the world.
Aerospace Foam Market Report Highlights
Polaris Market Research has segmented the aerospace foam market report based on application, type, end-use, and region:
Aerospace Foam, Application Outlook (Revenue - USD Million, 2019 - 2032)
Aerospace Foam, Type Outlook (Revenue - USD Million, 2019 - 2032)
Aerospace Foam, End-Use Outlook (Revenue - USD Million, 2019 - 2032)
Aerospace Foam, Regional Outlook (Revenue - USD Million, 2019 - 2032)
Report Attributes |
Details |
Market size value in 2024 |
USD 6,708.11 million |
Revenue forecast in 2032 |
USD 10,862.31 million |
CAGR |
6.2% from 2024– 2032 |
Base year |
2022 |
Historical data |
2019 – 2022 |
Forecast period |
2024– 2032 |
Quantitative units |
Revenue in USD million and CAGR from 2024 to 2032 |
Segments covered |
By Application, By Type, By End-Use, By Region |
Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
Key companies |
Evonik Industries AG, BASF SE, General Plastics Manufacturing Company, UFP Technologies Inc., NCFI Polyurethanes, DuPont, Rogers Corporation, ARMACELL, ZOTEFOAMS PLC, ERG Aerospace Corporation, SABIC, Boyd Corporation, Recticel SA, Huntsman Corporation, Aerofoam Industries LLC, Technifab Inc., and Greiner Foam International GmbH. |
For Specific Research Requirements |