Asia Pacific Aerospace Foam Market Size & Outlook
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Asia Pacific aerospace foam market highlights
- The Asia Pacific aerospace foam market generated a revenue of USD 1,437.0 million in 2024.
- The market is expected to grow at a CAGR of 6.4% from 2025 to 2033.
- In terms of segment, polyethylene foam was the largest revenue generating foam type in 2024.
- Polyurethane Foam is the most lucrative foam type segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2025 to 2033.
Asia Pacific data book summary
| Market revenue in 2024 | USD 1,437.0 million |
| Market revenue in 2033 | USD 2,493.7 million |
| Growth rate | 6.4% (CAGR from 2025 to 2033) |
| Largest segment | Polyethylene foam |
| Fastest growing segment | Polyurethane Foam |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyurethane Foam, Polyethylene Foam, Melamine Foam, Metal Foam, Polyimide Foam, Polyethylene Terephthalate Foam, Polyvinyl Chloride Foam, Specialty High Performance Foam |
| Key market players worldwide | Evonik Industries AG, SABIC, Basf SE, Solvay SA, UFP Technologies Inc, DuPont de Nemours Inc, Rogers Foam Corporation |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.2% of the global aerospace foam market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2033.
- North America is the fastest growing regional market and is projected to reach USD 4,920.6 million by 2033.
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Aerospace Foam Market Scope
Aerospace Foam Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| NCFI Polyurethanes | View profile | 251-500 | Mount Airy, North Carolina, United States, North America | https://ncfi.com/ |
| ERG Aerospace | View profile | 51-100 | Oakland, California, United States, North America | http://ergaerospace.com/ |
| Zotefoams | View profile | 251-500 | Croydon, Croydon, United Kingdom, Europe | https://www.zotefoams.com |
| General Plastics Mfg. Co. | View profile | 101-250 | Tacoma, Washington, United States, North America | https://generalplastics.com |
| Recticel | View profile | 5001-10000 | Brussels, Brussels Hoofdstedelijk Gewest, Belgium, Europe | https://www.recticel.com |
| Armacell | View profile | 1001-5000 | Luxembourg, Luxembourg, Luxembourg, Europe | http://www.armacell.com |
| Rogers Corp | View profile | 3300 | 2225 West Chandler Boulevard, Chandler, AZ, United States, 85224-6155 | https://www.rogerscorp.com |
| UFP Technologies Inc | View profile | 3293 | 100 Hale Street, Newburyport, MA, United States, 01950-3504 | https://www.ufpt.com |
| Rogers Foam Corporation | View profile | 251-500 | Somerville, Massachusetts, United States, North America | http://rogersfoam.com |
| SABIC | View profile | 10001+ | Riyadh, Ar Riyad, Saudi Arabia, Asia | http://www.sabic.com |
| Solvay SA | View profile | 9000 | Rue De Ransbeek, 310, Brussels, Belgium, B-1120 | https://www.solvay.com |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
| Evonik Industries AG | View profile | 33409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | https://www.evonik.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Asia Pacific aerospace foam market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aerospace foam market will help companies and investors design strategic landscapes.
Polyethylene foam was the largest segment with a revenue share of 37.66% in 2024. Horizon Databook has segmented the Asia Pacific aerospace foam market based on polyurethane foam, polyethylene foam, melamine foam, metal foam, polyimide foam, polyethylene terephthalate foam, polyvinyl chloride foam, specialty high performance foam covering the revenue growth of each sub-segment from 2021 to 2033.
Southeast Asia has established itself as a significant Maintenance, Repair, and Overhaul (MRO) industry for aerospace applications. The growth of the MRO industry depends on country-specific policies and the absence of a favorable policy framework can significantly restrain the growth of MRO services.
For the aviation industry, the import duties on spare parts and tax regimes influence the MRO services delivery. Also, the government incentives and initiatives play a crucial role to attract foreign investment and extend assistance to local companies.
Singapore, the Philippines, and Malaysia provide tax incentives, and duty-free import of machines, spares, and equipment, making these Southeast Asian countries major supporters of the MRO market for the aerospace sector.
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Target buyers of Asia Pacific aerospace foam market databook
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Our clientele includes a mix of aerospace foam market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific aerospace foam market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific aerospace foam market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Asia Pacific aerospace foam market size, by country, 2021-2033 (US$M)
Asia Pacific Aerospace Foam Market Outlook Share, 2024 & 2033 (US$M)
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