Mexico Aerospace Foam Market Size & Outlook, 2022-2030
Mexico aerospace foam market, 2019-2030 (US$M)
Related Markets
Mexico aerospace foam market highlights
- The Mexico aerospace foam market generated a revenue of USD 126.2 million in 2022 and is expected to reach USD 164.7 million by 2030.
- The Mexico market is expected to grow at a CAGR of 3.4% 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 126.2 million |
| Market revenue in 2030 | USD 164.7 million |
| Growth rate | 3.4% (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, Mexico accounted for 2.2% 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 North America, U.S. aerospace foam market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 3,428.2 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 |
|---|
Mexico 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 35.97% in 2022. Horizon Databook has segmented the Mexico 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.
Aerospace is one of the largest industries in Mexico. The country has emerged as a preferred choice for aviation and aerospace companies seeking a low-cost manufacturing footprint in North America. The North American Free Trade Agreement is also attracting aircraft manufacturer operations owing to the procurement of raw materials at a low cost.
In September 2022, Bombardier announced an increase in the manufacturing operations of aerospace parts at its facility in Querétaro, Mexico. This move is expected to position Mexico as an important strategic resource in Bombardier’s global projects. This further displays the technological capabilities and highly qualified workforce that exists in its facilities.
In addition, the aircraft manufacturer stated that the region has competitive advantages which include infrastructure and industrial experience and operational efficiency. These factors are expected to positively affect the aerospace plastics market in the region.
Reasons to subscribe to Mexico 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 Mexico 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 Mexico aerospace foam market , including forecasts for subscribers. This country databook contains high-level insights into Mexico aerospace foam market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico - north america aerospace foam market size, by foam type, 2019-2030 (US$M)
Mexico 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
