Aerospace Insulation Market 2018 Key Players are 3M, AVS Industries, BASF, Boyd, Duracote, DuPont

Aerospace Insulation Industry Trends, Analysis &
Forecast To 2024: Global Market Insights, Inc.
Global Market Insights added Most up-to-date research on “Aerospace Insulation
Market: Global Industry Share, Trends and Forecast, 2018 – 2024″ to its huge
collection of research reports.
This Research study on the Global Aerospace Insulation Market offers detailed and
insightful information on major regional markets and related sub-markets.
Rising demand for air traffic across the globe along with stringent government
regulations pertaining to materials used in aircraft insulation with enhanced
properties are driving the industry growth during the forecast period. Introduction of
advanced materials such as aerogels and spider silk with enhanced hybrid
properties will positively influence the industry share over the study timeframe.
Aerospace Insulation Market to surpass USD 5 billion by 2024; according to a new
research report by Global Market Insights, Inc.
The increasing focus on lightweight aircrafts in the commercial and military sector is
boosting the aerospace insulation industry. Industry participants are increasingly
investing in research activities for introducing light weight and cost competitive
alternatives with high recyclable content and modular functionalities which will further
strengthen the industry revenue over the forecast time span.
Electric aerospace insulation market share is expected to witness the highest CAGR
at over 11% from 2018 to 2024. This growth can be credited to the increasing
number of electrical components in aircrafts. Thus, the requirement of efficient
temperature management for preventing overheating and short circuiting will support
the segment dominance over the next six years.
The introduction of low cost carriers accompanied with improving living standards in
emerging nations are inducing growth in air travel. This has resulted in increased
aircraft production and deliveries. Aircraft manufacturers are ramping up production
activities to meet previous backlogs, further fueling the aerospace insulation market
share till 2024.
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Chapter 3
Aerospace Insulation Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013 – 2024
3.3 Industry ecosystem analysis
3.3.1 Raw material suppliers
3.3.2 Manufacturers
3.3.3 Profit margin analysis
3.3.4 Distribution channel analysis
3.3.5 End-users
3.3.6 Vendor matrix
3.4 Technology landscape
3.4.1 Aerogel
3.4.2 Glass fiber
3.5 Material analysis
3.5.1 Foamed Plastics
3.5.2 Ceramic
3.5.3 Fiber glass
3.5.4 Mineral Wool
3.6 Future material trends
3.6.1 Spider silk product
3.7 Regulatory landscape
3.7.1 North America
3.7.2 Europe
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3.7.3 Asia Pacific
3.7.4 Latin America
3.7.5 MEA
3.8 Industry best practices & key buying criteria
3.9 Pricing analysis
3.9.1 By region
3.9.1.1 North America
3.9.1.2 Europe
3.9.1.3 Asia Pacific
3.9.1.4 Latin America
3.9.1.5 MEA
3.10 Cost structure analysis, 2017
3.11 Industry impact forces
3.11.1 Growth drivers
3.11.1.1 Increasing air passenger traffic
3.11.1.2 Strengthening of aircraft manufacturing sector
3.11.2 Industry pitfall and challenges
3.11.2.1 Changing regulatory scenario and low recyclability of insulation materials
3.12 Innovation & sustainability
3.13 Growth potential analysis, 2017
3.14 Porter’s analysis
3.15 Competitive landscape, 2017
3.15.1 Market share analysis
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3.15.2 Strategy dashboard
3.16 PESTLE analysis
U.S. Aerospace Insulation Market, By Product, 2017 & 2024, (Tons)
Regulatory authorities across the globe including Federal Aviation Administration
(FAA) and European Aviation Safety Agency (EASA) are amending multiple
standards and procedures for increasing the flights safety. For instance, EASA has
mandated the retrofitting of enhanced fire resistant and thermal & acoustic insulation
panels for in-service aircrafts boosting the business revenue. However, the absence
of proper recycling technology for insulation materials coupled with high labor cost
may hamper the aerospace insulation market size during the study time frame.
The ceramic material in aerospace insulation industry will capture the maximum
revenue share of around 52% by 2024. The segment dominance can be attributed to
the exceptional properties such as enhanced chemical inertness, tensile strength,
and high melting temperatures. The increasing adoption from commercial and
military sector is escalating the business size over the study timeframe.
The aerospace insulation market share from commercial aircrafts will exhibit
maximum volume share of over 180 kilo tons by 2024. Rising domestic and
international air traffic globally owing to affordable fares coupled with increased
aircraft production will provide a positive outlook for the industry over the forecast
time frame.
The airframe segment is predicted to generate over USD 3 billion by 2024. The
increasing innovations to reduce weight of aircrafts by using advanced composites is
driving the segment revenue. The need for enhanced fire resistant, acoustic, and
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thermal insulation for increasing passenger safety and comfort are supporting the
aerospace insulation market share over the study time frame.
The fixed wing segment generated more than USD 2 billion in 2017 owing to
increasing usage of materials for thermal & acoustic insulation purposes, ancillary
ground support equipment, and cabin interior will augment the segment size. The
proliferating deployment of aircraft weather protection covers will accelerate product
dominance over the forecast time span.
North America is set to capture maximum industry volume share of around 40% over
the projected time line. Increasing aircraft production and deliveries owing to rising
air traffic and the presence of multiple industry players in the U.S. are expanding the
regional aerospace insulation market share till 2024.
3M, Hutchinson, BASF SE, DuPont, and Zodiac Aerospace are among the
prominent players in the aerospace insulation market place. Other notable players
include Esterline Technologies Corporation, Johns Manville, Evonik Industries, and
Polymer Technologies Inc. Industry participants are mainly focusing on mergers and
acquisitions to enhance their industry share. For instance, in November 2017, Evonik
company acquired 3M’s high-concentrates additive compounding business. The
acquisition enabled the company to expand its product portfolio in the solid additives
business.
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