North America Aerospace Foam Market Size & Outlook
North America aerospace foam market, 2019-2030 (US$M)
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North America aerospace foam market highlights
- The North America aerospace foam market generated a revenue of USD 2,224.7 million in 2022.
- The 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 2,224.7 million |
| Market revenue in 2030 | USD 3,920.2 million |
| Growth rate | 7.3% (CAGR from 2022 to 2030) |
| Largest segment | Polyurethane foam |
| Fastest growing segment | Polyurethane Foam |
| Historical data covered | 2019 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, North America region accounted for 38.7% of the global aerospace foam market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 3,920.2 million by 2030.
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Aerospace Foam Market Scope
Aerospace Foam Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America 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 37.43% in 2022. Horizon Databook has segmented the North America 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.
North America emerged as the largest market for aerospace plastics , accounting for an 57.25% share of the global market consumption. The aerospace plastics market in North America is expected to witness substantial demand owing to the presence of major manufacturers in the region including Boeing, Bombardier, Airbus, and others.
The region is expected to witness a growing demand for fuel-efficient aircraft in the coming years on account of the rising fuel prices. A high replacement of regional aircraft is also driving growth of the matured North American aerospace plastics market. The urge to modify/replace the existing inefficient aircraft with a fuel-efficient airplane is expected to augment market growth.
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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 continent-level data and insights on the North America aerospace foam market , including forecasts for subscribers. This continent databook contains high-level insights into North America aerospace foam market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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North America aerospace foam market size, by country, 2019-2030 (US$M)
North America Aerospace Foam Market Outlook Share, 2022 & 2030 (US$M)
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