India Aerospace Foam Market Size & Outlook, 2022-2030
India aerospace foam market, 2019-2030 (US$M)
Related Markets
India aerospace foam market highlights
- The India aerospace foam market generated a revenue of USD 288.2 million in 2022 and is expected to reach USD 468.5 million by 2030.
- The India market is expected to grow at a CAGR of 6.3% from 2023 to 2030.
- In terms of segment, polyethylene 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 288.2 million |
| Market revenue in 2030 | USD 468.5 million |
| Growth rate | 6.3% (CAGR from 2022 to 2030) |
| Largest segment | Polyethylene 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, India accounted for 5.0% 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 Asia Pacific, China aerospace foam market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 616.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Aerospace Foam Market Scope
Aerospace Foam Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India 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 35.32% in 2022. Horizon Databook has segmented the India 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 Indian aerospace sector is growing significantly with the rising activities from the civil aviation and defense sector. Under the ‘Make in India’ movement, the Government of India is taking several measures to boost domestic manufacturing for the aerospace sector as well.
In February 2021, Aero India 2021 program was announced by the Government of India which witnessed the participation of aerospace component manufacturers and domestic and international aircraft manufacturers. Among the participants were, Hindustan Aeronautics Ltd, Israel Aerospace Industries Ltd., Boeing, and JSC.
In the Defense Acquisition Procedure 2020, initiatives were incorporated to encourage FDIs for establishing manufacturing hubs in India. This involves setting up MRO (Maintenance, Repair, and Overhaul) centers through a subsidiary of a foreign corporation in India, thus driving the aerospace industry in the country.
Reasons to subscribe to India aerospace foam market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of India aerospace foam market databook
-
Our clientele includes a mix of aerospace foam market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India aerospace foam market , including forecasts for subscribers. This country databook contains high-level insights into India aerospace foam market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India aerospace foam market size, by foam type, 2019-2030 (US$M)
India Aerospace Foam Market Outlook Share, 2022 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
