Global Aerospace Foam Market
Aerospace Foam Market Size And Forecast
According to Verified Market Research, the Global Aerospace Foam Market was valued at USD 3.89 Billion in 2018 and is projected to reach USD 7.02 Billion by 2026, growing at a CAGR of 7.7% from 2019 to 2026.
Global Aerospace Foam Market Outlook
The rising government initiatives and funding for military aircraft for serving the purpose of safety and security, growing demand for the low-cost carrier airlines are the major factors driving the growth of the market. In addition, the increasing need for fuel-efficient and light-weighted aircrafts owing to their enhancing performance capabilities led to imposing positive factors on the market growth. However, the stringent governmental regulations on the use of PU foams is expected to hinder the market growth.
Global Aerospace Foam Market Competitive Landscape
The Global Aerospace Foam Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as SABIC, Evonik Industries AG, Rogers Corporation, Boyd Corporation, BASF SE, FoamPartner, Armacell International S.A., ERG Materials, Aerospace Corp, and UFP Technologies., Inc.
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