U.S. Aerospace Foam Market Size & Outlook, 2022-2030
U.S. aerospace foam market, 2019-2030 (US$M)
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U.S. aerospace foam market highlights
- The U.S. aerospace foam market generated a revenue of USD 1,899.2 million in 2022 and is expected to reach USD 3,428.2 million by 2030.
- The U.S. market is expected to grow at a CAGR of 7.7% 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 1,899.2 million |
| Market revenue in 2030 | USD 3,428.2 million |
| Growth rate | 7.7% (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, U.S. accounted for 33.1% 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.
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Aerospace Foam Market Scope
Aerospace Foam Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 37.56% in 2022. Horizon Databook has segmented the U.S. 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 the International Trade Administration, U.S. Department of Commerce, the U.S. is considered a leading aerospace market. The country has a number of aircraft manufacturers such as Boeing, Lockheed Martin Corporation, Gulfstream Aerospace Corporation, and Airbus Helicopters, Inc., which has contributed to its growth.
The Continuous Lower Energy, Emissions, and Noise Program launched in 2010 designated the Federal Aviation Administration to introduce steps for reducing noise, and aviation emissions, and improving fuel efficiency by 20%. Department of Transportation’s Federal Aviation Administration for noise and emission reduction.
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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 U.S. aerospace foam market , including forecasts for subscribers. This country databook contains high-level insights into U.S. aerospace foam market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. aerospace foam market size, by foam type, 2019-2030 (US$M)
U.S. Aerospace Foam Market Outlook Share, 2022 & 2030 (US$M)
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