Aircraft Insulation Market Growth Offers Room to Grow to Existing & Emerging Players

December 29, 2022/Industry News Global/ -- This new report from Stratview Research analyses the Foam Glass 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.


Overview:
The aircraft insulation market in the aircraft industry is set to reach an unprecedented level of US$ 0.8 billion in 2025. An expected recovery in commercial aircraft deliveries supported by huge order backlogs of Boeing and Airbus (13,237 aircraft at the end of Feb 2020), expected FAA approval to Boeing for the B737 Max program, the market entries of new players (COMAC and Irkut), and the development of fuel-efficient variants (B777x, A330neo, E-2 jets, etc.) assure that the market fundamentals remain strong in the next five years.


Key Players:
• The 3M Company
• DuPont de Nemours, Inc.
• Daher
• BASF SE
• Hutchinson SA
• Darchem Engineering Ltd
• Triumph Group, Inc.
• Hi-Temp Insulation, Inc.
• Boyd Corporation
• Tecnologie Industriali e Aeronautiche Srl
• Isolite GmbH
• G-Force Manufacturing
• Geven SpA.


By Aircraft Type


• Based on the aircraft type, the aircraft insulation market is segmented as commercial aircraft, regional aircraft, general aviation, military aircraft, and helicopter. Commercial aircraft is likely to remain the largest and the fastest-growing aircraft type in the market over the next five years. An expected rebound in commercial aircraft deliveries with the FAA approval to Boeing for B737Max is anticipated to bring the charm back of the aircraft segment. Furthermore, the growing demand for safer operations and lightweight insulation systems add some stir to the growth of the market segment. General aviation also holds a fair share of the market and is subjected to grow at a modest rate in years to come.


By Insulation Type


• Based on the insulation type, the aircraft insulation market is segmented as thermal insulation, acoustic insulation, and electric insulation. Thermal insulation is likely to remain the most dominant insulation type in the market over the next five years. Various types of thermal insulation systems are used in an aircraft, which are fuselage annulation (thermal insulation blankets and lining) and high-temperature insulation and firewall blankets (flexible, metallic, Firewall, seals, conductive gaskets, etc.). Thermal insulation blanket (TIB) offers a fire barrier apart from thermal and acoustical insulation as well as it provides weight reduction when compared with metal. Further, it is corrosion-resistant, water repellent, and environmentally friendly and provides good electrical insulation. Acoustic insulation also holds a considerable share of the market. Acoustic insulation is required to attenuate noise and to provide comfort and reliability as a lot of noise is generated in an aircraft, majorly from aerodynamics and engines.


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Regional analysis:


North America is likely to remain the most dominant market for aircraft insulation during the forecast period. The region is the hub of the aircraft industry with the presence of several raw material suppliers, aircraft insulation manufacturers, tier players, aircraft OEMs, airlines, aircraft leasing companies, and MRO companies. The recent spread of COVID-19 in the USA disrupted the supply chain of the country’s aviation industry, compelling aircraft OEMs including Boeing to shut down their manufacturing facilities as per government directives. Despite the severe hit of the region’s aircraft insulation market due to the COVID-19 outbreak, the region will likely to be succeeded in maintaining its lead in the global market during the studied period.


About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.


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