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Foams in aerospace industry are used for variety of applications including temperature insulation, acoustic insulation, flame resistance, and reduction of air leakage. The foams used for aerospace purposes satisfies criteria such as low density and fire retardancy, since weight increase directly impacts the cost of operation, while prevention of fire may avoid accidents and causalities. Airlines are currently focusing on improving cabin interiors and providing latest onboard technology to improve customer loyalty and customer experience quotients. The prime factor for the growth in the market is due to the rising number of commercial aircraft deliveries globally. Major airlines are strategizing to increase the number of seats majorly in the business class segment is also attributing to this growth. Increasing accidents due to flammability has demanded for manufacturing a set of materials suitable for aerospace industry, which can reduce the number of accidents and thus saving the nation from severe losses. The aerospace foam market is set to escalate at a CAGR of 5.65% during the period 20172021.
The aerospace foam market is scrutinized by segments including by type, by enduser and geography. By type the global market is further fragmented into Polyethylene, CrossLinked Polyethylene, Polyurethane, Reticulated Polyurethane, Melamine Foams, and Specialty. By enduser the market is poised with respect to the end user applications to be processed including the Commercial Aircrafts, Military Aircrafts, and General Aircrafts. The report also comprises of the region wise study of the global market including Americas, Europe, AsiaPacific and Rest of the World.
Polyurethane foams are poised to dominate the market during the period 20162021. However the polyethylene foams are comprehended to witness prominent CAGR of 6.85% during the same period. The demand for better facility during aircraft travel clubbed with increase in safety features in aircraft has led to the increase in the market for polyurethane foam in aerospace sector.
Sample Companies Profiled in this Report are:
BASF SE Germany,
Rogers Corporation U.S,
UFP Technologies U.S,
Evonik Industries AG Germany,
Original Article: Aerospace Foam Market By Types Polyethylene, CrossLinked Polyethylene, Polyurethane, Reticulated Polyurethane, Melamine, Specialty And Others By End Users Commercial Aircrafts, Military Aircrafts, General Aircrafts And Others Geography Forecast20162021 [NEXT ARTICLE