Jun 4, 2020   SOURCE: BusinessWire

Global Aerospace Foam Market Outlook, 2028: Impact of COVID-19, Trends, Analysis and Outlook by Material, Application and Geography - ResearchAndMarkets.com

The "Global Aerospace Foam Market Size Forecast to 2028 - Trends, Analysis and Outlook by Material, Application, and Geography" report has been added to ResearchAndMarkets.com's offering.

Key insights from the Global Aerospace Foam Market

  • The Global Aerospace Foam market is valued at $5.3 billion in 2020.
  • General Aviation is the dominant application segment.
  • North America is the largest user of Aerospace Foam.

The $5.3 billion Aerospace Foam industry presents strong investment and growth opportunities over the near to long term outlook period. The 2020 edition of the market report presents a comprehensive analysis of the global Aerospace Foam market from 2020 to 2028. The report presents detailed Aerospace Foam market analysis, and forecasts to 2028. Detailed insights into global and regional Aerospace Foam market statistics, Aerospace Foam companies and growth prospects across verticals are included.

Aerospace Foam Market Overview and Developments in 2020

The report presents a snapshot of recent market trends in the Aerospace Foam industry. Further, potential market drivers, major challenges, opportunities, major developments, competitive strategies, Porter's five forces analysis, and other analysis are included in the research.

Impact of COVID-19 on Global Aerospace Foam market revenue

The worldwide crisis of COVID-19 is leading to calls for action from a wide range of stakeholders including manufacturers, vendors, distributors, and consumers. Decline in business for at least three months during 2020 coupled with lower demand from a few major markets has put pressure on the profitability of Aerospace Foam manufacturers and vendors. However, we expect the negative impact of COVID-19 on Aerospace Foam to be compensated over the medium to long term future.

Aerospace Foam Market Size and Outlook by Raw Material to 2028

This chapter presents an insight into different Aerospace Foam types and their contribution to global market growth. The growth in global Aerospace Foam market size is forecast to continue despite the economic challenges. The report forecasts the Aerospace Foam market revenue across different material types, which include - PU Foam, Metal, PE Foam, and others. Of these, general aviation dominates the global Aerospace Foam market.

Aerospace Foam Market Size and Outlook by Application to 2028

A long-term perspective indicates that General aviation dominates the Aerospace Foam market. The industry is classified into different applications including General Aviation, Commercial Aerospace, and Military Aerospace.

Global Aerospace Foam Company Profiles

The report presents business profiles of major companies operating in the industry including Armacell International Holding GmbH, BASF SE, Evonik Industries AG, Rogers Corporation, SABIC (Saudi Arabia basic industries corporation).

The business overview, SWOT profile and product information are provided for all the companies.

The report identifies that the development of new applications and product portfolio is one of the key strategies to overcome identified challenges and for supporting continued growth. Manufacturing companies can also benefit from rising domestic demand in chemical end-use sectors. The majority of the companies are realigning their strategies to orient their business operations to changing market volatility, regulatory policy changes, geopolitical issues, changing end-user preferences, and others.

Scope of the Research

  • Global and regional Aerospace Foam Market Size estimates in revenue terms from 2019 to 2028.
  • Segmentation analysis across types, applications, and geographies.
  • Strategic analysis through trends, drivers, challenges, opportunities, Porter's five forces analysis.
  • Market Developments including M&A, new product development, and competitive analysis.
  • Potential strategies of leading companies

Companies Mentioned

  • Armacell International Holding GmbH
  • BASF SE
  • Evonik Industries AG
  • Rogers Corporation
  • SABIC (Saudi Arabia Basic Industries Corporation)

For more information about this report visit https://www.researchandmarkets.com/r/l76qpt