Aerospace Foam Market Trends, Price, Demand and Growth to 2020

Technavio Announces the Publication of its Research Report Global Aerospace Foam Market 2016-2020

Technavio recognizes the following companies as the key players in the global aerospace foam market: Armacell, BASF, Evonik, Rogers, SABIC, Foam Partner, ERG Materials and Aerospace, and Boyd.

Commenting on the report, an analyst from Technavios team said: One of the key trends for market growth will be renewable feedstock for manufacturing green PU foams. Currently, PU foams have the major market share in the aerospace foam market. Due to its unique properties which include durability and high resistance to chemicals, it is mainly used in seating application of aircraft. In the near future, bio-based raw materials are expected to provide significant opportunities to develop PU foams that are used in the aviation industry.”

Browse full report with TOC@ https://marketreportscenter.com/reports/403861/global-aerospace-foam-market-2016-2020

According to the report, one of the key drivers for market growth will be versatility and unique properties of PU and melamine foams. The PU foams segment (approximately 29% in 2015 by value) is the largest segment of the global aerospace foam market, and are widely used in various aircraft applications including seating, door panels, windshields, seals, and gaskets The continuous growth of the PU foam market is due to its versatility and unique properties such as good abrasion, resistance, durability and toughness as compared with other plastics which are used in building aircraft. The strong growth of the commercial and military aircraft segments is increasing the demand for PU foams globally.

Further, the report states that the aerospace end-use industries have been using foams since a long time. With the continuous growth in the aviation industry, different foam materials that are used in building aircraft are facing some major challenges. Some of the major challenges are the end of shelf life of foams and the...