This new report from Stratview Research analyses the Aerospace Foams Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Aerospace Foams Market Overview:
The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Aerospace Foams Market is no different. Derived from the previous market scenario, the Aerospace Foams Market is likely to witness an impressive CAGR of 8.0% during 2020-25 but with the global crisis in action, the growth curve has deviated from its expected path and exhibits an uncertain trajectory at present.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
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Market Share Analysis
Aerospace Foams Market Share: By Material Type
Based on the material type, the market is segmented as PU foams, PE foams, melamine foams, metal foams, PMI/polyimide foams, and others. The PE foams segment dominated the market in 2019, and is expected to remain dominant during the forecast period. Wide usage of PE-based aerospace foams in various applications of aircraft, such as seats and carpets is driving the growth of the segment.
Aerospace Foams Market Share: By Aircraft Type
Based on the aircraft type, the market is segmented as commercial aircraft, military aircraft, general aviation, regional aircraft, and helicopters. The commercial aircraft segment is expected to remain dominant during the forecast period owing to increase in the number of air passengers worldwide and the growing aircraft industry.
Click below to run through the detailed ToC of the report: https://www.stratviewresearch.com/toc/859/aerospace-foams-market.html
Aerospace Foams Market Share: By Region
In terms of regions, North America is estimated to be the largest market for aerospace foams during the forecast period, with The USA, Canada, and Mexico being the major countries offering lucrative growth opportunities. The North American market for aerospace foams is driven by the increasing number of passengers leading to growth of the aviation industry, coupled with the increasing military expenditure. Europe and Asia-Pacific are also expected to offer considerable growth opportunities during the forecast period.
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About Stratview Research
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