UK Aerospace Foam Market Size & Outlook, 2022-2030
UK aerospace foam market, 2019-2030 (US$M)
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UK aerospace foam market highlights
- The UK aerospace foam market generated a revenue of USD 367.1 million in 2022 and is expected to reach USD 634.8 million by 2030.
- The UK market is expected to grow at a CAGR of 7.1% 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 367.1 million |
| Market revenue in 2030 | USD 634.8 million |
| Growth rate | 7.1% (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, UK accounted for 6.4% 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 |
|---|
UK 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 34.02% in 2022. Horizon Databook has segmented the UK 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.
According to International Trade Administration , UK’s aerospace industry is the second-largest in the world behind the U.S. Large civil aircraft are not manufactured in the UK and majority of the revenue is generated through exports. In October 2022, Jet2, a British low-cost leisure airline, strengthened its relationship with Airbus by ordering 35 new A320neo family aircraft.
The airline is optimistic about an increase in demand for leisure travel and wants to be ready by employing fuel-efficient modern narrow body planes. These factors are expected to positively affect the aerospace plastics market over the forecast period.
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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 UK aerospace foam market , including forecasts for subscribers. This country databook contains high-level insights into UK aerospace foam market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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UK aerospace foam market size, by foam type, 2019-2030 (US$M)
UK Aerospace Foam Market Outlook Share, 2022 & 2030 (US$M)
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