Germany Aerospace Foam Market Size & Outlook, 2022-2030
Germany aerospace foam market, 2019-2030 (US$M)
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Germany aerospace foam market highlights
- The Germany aerospace foam market generated a revenue of USD 531.6 million in 2022 and is expected to reach USD 937.2 million by 2030.
- The Germany market is expected to grow at a CAGR of 7.3% from 2023 to 2030.
- In terms of segment, polyurethane foam was the largest revenue generating foam type in 2022.
- Polyurethane Foam is the most lucrative foam type segment registering the fastest growth during the forecast period.
Aerospace foam market data book summary
| Market revenue in 2022 | USD 531.6 million |
| Market revenue in 2030 | USD 937.2 million |
| Growth rate | 7.3% (CAGR from 2022 to 2030) |
| Largest segment | Polyurethane foam |
| Fastest growing segment | Polyurethane Foam |
| Historical data | 2019 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| 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, Germany accounted for 9.3% of the global aerospace foam market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany aerospace foam market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 937.2 million by 2030.
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Aerospace Foam Market Scope
Aerospace Foam Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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.
Polyurethane foam was the largest segment with a revenue share of 34.05% in 2022. Horizon Databook has segmented the Germany 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 2019 to 2030.
The aerospace industry in Germany has been growing for the last two decades owing to which it is one of the best-performing sectors in the country. Its powerful manufacturing base, heavily invested R&D infrastructure, and available highly qualified engineers and professionals have made them one of the leading players in the global aerospace industry. Airbus, Collins Aerospace, Diehl Aviation, German Aerospace Center, and Liebherr Aerospace are some of the major aerospace companies in the country.
In April 2021, Airbus announced two aerostructure assembly companies in Germany and France. The newly formed company in France would merge the operations currently managed by Airbus in SaintNazaire and Nantes with those of STELIA Aerospace, internationally.
Additionally, Airbus is planning to introduce a new German player in the detail components business. This new entity with advanced technologies will capitalize on significant growth prospects with external customers and Airbus.
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Our clientele includes a mix of aerospace foam market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany aerospace foam market , including forecasts for subscribers. This country databook contains high-level insights into Germany aerospace foam market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Germany aerospace foam market size, by foam type, 2019-2030 (US$M)
Germany Aerospace Foam Market Outlook Share, 2022 & 2030 (US$M)
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