Aircraft Insulation Materials Market

Aircraft Insulation Materials Market

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  • 2020-09-01
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Aircraft Insulation Materials Market Outlook 

The global aircraft insulation materials market was valued atUSD 29.13 Billion in 2022 and is projected to reach USD 57.27 Billion by 2031, expanding at a CAGR of 7.8% during the forecast period 2023-2031. The demand for lightweight aircraft in the military and commercial sector is growing, which, in turn, is boosting the usage of lightweight insulators. Many manufacturers in the aircraft insulation segment are investing heavily in research activities to develop and launch cost-effective and lightweight insulators, which can have modular functionalities and high recyclable components.

Thermal insulation market growth as FAA discarded the use of the insulation market in the year 2000 due to which thermal insulation was used as an insulation material. Thermal insulation is used all over the aircraft except few areas such as fuel usage below the passenger floor, crown area, and passenger cabins. In the aviation industry insulation material are used mainly for the safety of flight, reduction of noise & vibration and to provide comfort interior environment to passenger and crew.

An increase in the insulation material is due to the rise in demand for safer aircraft operation and lightweight aircraft in both civil and military aviation. In this segment, the civil aviation market is excepted to lead the market as there is an increase in the production of civil aircraft due to the rise in air travelers and also government all over the world are spending more funds to build better aviation infrastructure so that they could connect all the cities.

Aircraft Insulation Materials Market Outlook

Thermal insulation market growth as FAA discarded the use of the insulation market in the year 2000 due to which thermal insulation was used as an insulation material. Thermal insulation is used all over the aircraft except few areas such as fuel usage below the passenger floor, crown area, and passenger cabins. Acoustics insulation materials provide a high-efficiency and minimum amount of volume and weight due to which it is extensively used in aircraft. Electric insulation provides protection from sensitive electric systems and other components of aircraft from heat and interference. Thus, it is mostly used in backplates, switchgear, switchboards, flexible laminates, and winding wires.

Market Dynamics

The market is driven by factors such as demand for lightweight aircraft in the military and commercial sector, imposing several standards, procedures, and norms to improve flight safety boost the usage of aircraft insulation materials across the world.

Increasing Demand for Cost-Effective and Lightweight Insulators

Many manufacturers in the aircraft insulation segment are investing heavily in research activities to develop and launch cost-effective and lightweight insulators, which can have modular functionalities and high recyclable components.

Strengthen Regulation to Ensure Usage of Safety Materials

Aviation regulatory authorities across the globe, such as the European Aviation Safety Agency (EASA) and the Federal Aviation Administration (FAA), are imposing several standards, procedures, and norms to improve flight safety.

High Labor Cost and Strict Rules in Associated Industry

High labor costs and lack of efficient recycling technology for insulation materials are expected to restraint the growth of the aircraft insulation market. Moreover, EASA, FAA, and other aviation organizations are imposing strict rules on paint manufacturing and chemical companies, which is leading to products having a limited shelf life, thus needing replacement at regular intervals. These factors are estimated to restrain the growth of the market due to their less stability.

Opportunity in Composite Material Category

Increasing demand for the usage of composite materials is expected to create opportunities for the aircraft insulation market players. These materials can help reduce noise and vibration while increasing fire safety. An increase in the number of electric components in aircraft is projected to fuel the growth of the market.

Growing Travel Trend and Rise in Investment to Boost the Industry Further

An increase in the production of aircraft, a surge in air travel, a rise in living standards in developing countries, and growth in the number of low-cost airlines have increased the production of insulation materials.
The rise in investments to make aircraft lightweight for the military and commercial sectors are increasing the demand for aircraft insulation materials.

Segmental Outlook

On the basis of types, the aircraft insulation materials market has been segmented into thermal, acoustic & vibration, and electric insulation. Thermal insulation plays a vital role in maintaining a comfortable environment while the aircraft is in the air owing to these thermal insulation materials being used significantly in the aircraft. Material segment is expected to grow highest at 9.1% during the forecast as compared to insulation type. Foamed Plastics category holds the highest value share in the materials segment.

Aircraft Insulation Materials Market Types
Based on application, the market is fragmented into military aviation, civil aviation. Civil aviation holds the highest value share 62.0% in 2019 however, military aviation is expected to expand highest 6.3% during the forecast, 2020-2027.

Aircraft Insulation Materials Market Application
Based on sales channels, the Aircraft insulation materials market has been segmented into manufacturers, distributors, and service providers. The manufacturer’s category holds the highest value share (62.5%) in the global market in 2019 and also is expected to expand at the highest CAGR, 7.9% during the forecast. The distributor segment is also expected to grow at a significant pace during the period. Aircraft insulation manufacturers are projected to hold the largest share over the assessment period. Boeing is one of the major aircraft manufacturers worldwide. Boeing is insulating its latest airplanes models with Basotect, BASF’s heat & sound insulating melamine resin foam. This is the first time that a BASF foam is applied in the mass production of acoustic insulation for airplane cabin walls. Aircraft insulation manufacturers highly depend on Aircraft insulation materials distributors to manufacture the custom aircraft parts as per the requirement. This, in turn, increases the demand for insulation materials distributors.

Regional Outlook

In terms of regions, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is a promising region for the market. It constituted a 45.7% share of the market in 2019. The North America market in the region is projected to expand at a CAGR of 8.1% during the forecast period. Huge spending on defense aircraft and the military is driving the regional market growth.

Also, the presence of major industry players such as Triumph Group Inc., Esterline Technologies Corporation, and DuPont, is further propelling the market rise. The Asia Pacific is estimated to witness high growth during the forecasted time. A lot of numbers of aircraft have to be delivered by Boeing in upcoming years in the Asia Pacific region. Mainly the demand is been originated from China, India, and Japan. Other supporting drivers in the region are the opening of assembly plants of Boeing in this region. Moreover, there is growth in investments in new airport development in the Asia Pacific, due to which there are opportunities for aircraft insulation materials adoption.

Aircraft Insulation Materials Market Region

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global Aircraft Insulation Materials Market
  • Historical, Current and Projected Market Size in terms of Value (USD Million) & Volume (000’ KG)
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on Global Aircraft Insulation Materials Market Performance

Segments

By Type

  • Insulation Type
    • Thermal Insulation
    • Acoustic & Vibration Insulation
    • Electric Insulation
  • Materials
    • Foamed Plastics
    • Fiberglass
    • Mineral Wool
    • Ceramic-based Materials
    • Other Materials

By Application

  • Military Aviation
  • Civil Aviation

By Sales Channel

  • Manufacturer
  • Distributor
  • Service Provider
  • Aftermarket

By Region

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Spain
    • Russia
    • Rest of the Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • Saudi Arabia
    • Turkey
    • Egypt
    • South Africa
    • UAE
    • Rest of Middle East & Africa

Key Market Players Profiled in the Report

  • DuPont de Nemours, Inc.
  • BASF SE
  • Zodiac Aerospace (Safran)
  • Zotefoams plc
  • Rogers Corporation
  • Evonik Industries
  • Triumph Group.
  • 3M
  • DUNMORE
  • Esterline Technologies Corporation (Transdigm Group, Inc.)
  • Polymer Technologies, Inc.
  • Duracote Corporation
  • Morgan Advanced Materials
  • Insultech, LLC.
  • UPF Corporation
  • HUTCHINSON

Competitive Landscape

  • Key players in the market include DuPont de Nemours, Inc., BASF SE, Zodiac Aerospace (Safran), Zotefoams plc, Rogers Corporation, Evonik Industries, Triumph Group., 3M, DUNMORE, Polymer Technologies, Inc. etc.
  • The players are increasingly focusing on product innovations to sustain in a highly competitive market. Moreover, the partnerships, mergers, and acquisition are some of the other strategies adopted by leading players to expand geographical presence and capture potential market opportunities.
  • In Dec 2019, Rogers Corporation Launches PORON® SlimGrip Plus Foam; the Softest PORON Material to Date with Increased Cohesive Strength for Ease of Processing.
  • In June 2019, DuPont Transportation & Industrial showcased solutions for the aerospace industry at the 2019 edition of the International Paris Air Show.
  • In April 2019, Safran's acquisition of Zodiac Aerospace in February 2018 is largely responsible for a 36.9% increase in the French group's first-quarter adjusted revenue to €5.78 billion ($6.44 billion).
  • In May 2019, RUAG MRO International has successfully completed the first installation in Europe of the thermal acoustic insulation system based on a Supplemental Type Certificate (STC) designed by Aearo Technologies LLC, a 3M company, for the Dassault Falcon F900DX business aircraft.

Aircraft Insulation Materials Market Keyplayers

Video Summary for Aircraft Insulation Materials Market

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Insulation Materials Market Overview

   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Aircraft Insulation Materials Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Aircraft Insulation Materials Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Aircraft Insulation Materials Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Aircraft Insulation Materials Market Size & Forecast, 2017-2027
      4.5.1 Aircraft Insulation Materials Market Size and Y-o-Y Growth
      4.5.2 Aircraft Insulation Materials Market Absolute $ Opportunity

   4.6 Global Aircraft Insulation Materials Market: Impact Of Key Regulations
   4.7 Aircraft Materials Industry Outlook
Chapter 5 Global Aircraft Insulation Materials Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 Aircraft Insulation Materials Market Size & Volume Forecast By Type
      5.2.1 Insulation Type
         5.2.1.1 Thermal
         5.2.1.2 Acoustic & Vibration
         5.2.1.3 Electric
      5.2.2 Material
         5.2.2.1 Foamed Plastics
         5.2.2.2 Fiberglass
         5.2.2.3 Mineral Wool
         5.2.2.4 Ceramic-based Materials
         5.2.2.5 Other Materials
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Aircraft Insulation Materials Market Analysis and Forecast By Application
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Application
      6.1.2 Basis Point Share (BPS) Analysis By Application
      6.1.3 Absolute $ Opportunity Assessment By Application
   6.2 Aircraft Insulation Materials Market Size & Volume Forecast By Application
      6.2.1 Military Aviation
      6.2.2 Civil Aviation
   6.3 Market Attractiveness Analysis By Application
Chapter 7 Global Aircraft Insulation Materials Market Analysis and Forecast By Sales Channel
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities By Sales Channel
      7.1.2 Basis Point Share (BPS) Analysis By Sales Channel
      7.1.3 Absolute $ Opportunity Assessment By Sales Channel
   7.2 Aircraft Insulation Materials Market Size & Volume Forecast By Sales Channel
      7.2.1 Manufacturer
      7.2.2 Distributor
      7.2.3 Service Provider
      7.2.4 Aftermarket
   7.3 Market Attractiveness Analysis By Sales Channel
Chapter 8 Global Aircraft Insulation Materials Market Analysis and Forecast by Region
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities by Region
      8.1.2 Basis Point Share (BPS) Analysis by Region
      8.1.3 Absolute $ Opportunity Assessment by Region
   8.2 Aircraft Insulation Materials Market Size Forecast by Region
      8.2.1 North America
      8.2.2 Europe
      8.2.3 Asia Pacific
      8.2.4 Latin America
      8.2.5 Middle East & Africa (MEA)
   8.3 Market Attractiveness Analysis by Region
Chapter 9 Coronavirus Disease (COVID-19) Impact
   9.1 Introduction
   9.2 Current & Future Impact Analysis
   9.3 Economic Impact Analysis
   9.4 Government Policies
   9.5 Investment Scenario

Chapter 10 North America Aircraft Insulation Materials Analysis and Forecast
   10.1 Introduction
   10.2 North America Aircraft Insulation Materials Market Size Forecast by Country
      10.2.1 U.S.
      10.2.2 Canada
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 North America Aircraft Insulation Materials Market Size & Volume Forecast By Type
      10.6.1 Insulation Type
         10.6.1.1 Thermal
         10.6.1.2 Acoustic & Vibration
         10.6.1.3 Electric
      10.6.2 Material
         10.6.2.1 Foamed Plastics
         10.6.2.2 Fiberglass
         10.6.2.3 Mineral Wool
         10.6.2.4 Ceramic-based Materials
         10.6.2.5 Other Materials
   10.7 Basis Point Share (BPS) Analysis By Type
   10.8 Absolute $ Opportunity Assessment By Type
   10.9 Market Attractiveness Analysis By Type

   10.10 North America Aircraft Insulation Materials Market Size & Volume Forecast By Application
      10.10.1 Military Aviation
      10.10.2 Civil Aviation
   10.11 Basis Point Share (BPS) Analysis By Application
   10.12 Absolute $ Opportunity Assessment By Application
   10.13 Market Attractiveness Analysis By Application

   10.14 North America Aircraft Insulation Materials Market Size & Volume Forecast By Sales Channel
      10.14.1 Manufacturer
      10.14.2 Distributor
      10.14.3 Service Provider
      10.14.4 Aftermarket
   10.15 Basis Point Share (BPS) Analysis By Sales Channel
   10.16 Absolute $ Opportunity Assessment By Sales Channel
   10.17 Market Attractiveness Analysis By Sales Channel

Chapter 11 Europe Aircraft Insulation Materials Analysis and Forecast
   11.1 Introduction
   11.2 Europe Aircraft Insulation Materials Market Size Forecast by Country
      11.2.1 Germany
      11.2.2 France
      11.2.3 Italy
      11.2.4 U.K.
      11.2.5 Spain
      11.2.6 Russia
      11.2.7 Rest of Europe
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Europe Aircraft Insulation Materials Market Size & Volume Forecast By Type
      11.6.1 Insulation Type
         11.6.1.1 Thermal
         11.6.1.2 Acoustic & Vibration
         11.6.1.3 Electric
      11.6.2 Material
         11.6.2.1 Foamed Plastics
         11.6.2.2 Fiberglass
         11.6.2.3 Mineral Wool
         11.6.2.4 Ceramic-based Materials
         11.6.2.5 Other Materials
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type

   11.10 Europe Aircraft Insulation Materials Market Size & Volume Forecast By Application
      11.10.1 Military Aviation
      11.10.2 Civil Aviation
   11.11 Basis Point Share (BPS) Analysis By Application
   11.12 Absolute $ Opportunity Assessment By Application
   11.13 Market Attractiveness Analysis By Application

   11.14 Europe Aircraft Insulation Materials Market Size & Volume Forecast By Sales Channel
      11.14.1 Manufacturer
      11.14.2 Distributor
      11.14.3 Service Provider
      11.14.4 Aftermarket
   11.15 Basis Point Share (BPS) Analysis By Sales Channel
   11.16 Absolute $ Opportunity Assessment By Sales Channel
   11.17 Market Attractiveness Analysis By Sales Channel

Chapter 12 Asia Pacific Aircraft Insulation Materials Analysis and Forecast
   12.1 Introduction
   12.2 Asia Pacific Aircraft Insulation Materials Market Size Forecast by Country
      12.2.1 China
      12.2.2 Japan
      12.2.3 South Korea
      12.2.4 India
      12.2.5 Australia
      12.2.6 South East Asia (SEA)
      12.2.7 Rest of Asia Pacific (APAC)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Asia Pacific Aircraft Insulation Materials Market Size & Volume Forecast By Type
      12.6.1 Insulation Type
         12.6.1.1 Thermal
         12.6.1.2 Acoustic & Vibration
         12.6.1.3 Electric
      12.6.2 Material
         12.6.2.1 Foamed Plastics
         12.6.2.2 Fiberglass
         12.6.2.3 Mineral Wool
         12.6.2.4 Ceramic-based Materials
         12.6.2.5 Other Materials
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type

   12.10 Asia Pacific Aircraft Insulation Materials Market Size & Volume Forecast By Application
      12.10.1 Military Aviation
      12.10.2 Civil Aviation
   12.11 Basis Point Share (BPS) Analysis By Application
   12.12 Absolute $ Opportunity Assessment By Application
   12.13 Market Attractiveness Analysis By Application

   12.14 Asia Pacific Aircraft Insulation Materials Market Size & Volume Forecast By Sales Channel
      12.14.1 Manufacturer
      12.14.2 Distributor
      12.14.3 Service Provider
      12.14.4 Aftermarket
   12.15 Basis Point Share (BPS) Analysis By Sales Channel
   12.16 Absolute $ Opportunity Assessment By Sales Channel
   12.17 Market Attractiveness Analysis By Sales Channel

Chapter 13 Latin America Aircraft Insulation Materials Analysis and Forecast
   13.1 Introduction
   13.2 Latin America Aircraft Insulation Materials Market Size Forecast by Country
      13.2.1 Brazil
      13.2.2 Mexico
      13.2.3 Rest of Latin America (LATAM)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Latin America Aircraft Insulation Materials Market Size & Volume Forecast By Type
      13.6.1 Insulation Type
         13.6.1.1 Thermal
         13.6.1.2 Acoustic & Vibration
         13.6.1.3 Electric
      13.6.2 Material
         13.6.2.1 Foamed Plastics
         13.6.2.2 Fiberglass
         13.6.2.3 Mineral Wool
         13.6.2.4 Ceramic-based Materials
         13.6.2.5 Other Materials
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type

   13.10 Latin America Aircraft Insulation Materials Market Size & Volume Forecast By Application
      13.10.1 Military Aviation
      13.10.2 Civil Aviation
   13.11 Basis Point Share (BPS) Analysis By Application
   13.12 Absolute $ Opportunity Assessment By Application
   13.13 Market Attractiveness Analysis By Application

   13.14 Latin America Aircraft Insulation Materials Market Size & Volume Forecast By Sales Channel
      13.14.1 Manufacturer
      13.14.2 Distributor
      13.14.3 Service Provider
      13.14.4 Aftermarket
   13.15 Basis Point Share (BPS) Analysis By Sales Channel
   13.16 Absolute $ Opportunity Assessment By Sales Channel
   13.17 Market Attractiveness Analysis By Sales Channel

Chapter 14 Middle East & Africa (MEA) Aircraft Insulation Materials Analysis and Forecast
   14.1 Introduction
   14.2 Middle East & Africa (MEA) Aircraft Insulation Materials Market Size Forecast by Country
      14.2.1 Saudi Arabia
      14.2.2 South Africa
      14.2.3 UAE
      14.2.4 Rest of Middle East & Africa (MEA)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Middle East & Africa (MEA) Aircraft Insulation Materials Market Size & Volume Forecast By Type
      14.6.1 Insulation Type
         14.6.1.1 Thermal
         14.6.1.2 Acoustic & Vibration
         14.6.1.3 Electric
      14.6.2 Material
         14.6.2.1 Foamed Plastics
         14.6.2.2 Fiberglass
         14.6.2.3 Mineral Wool
         14.6.2.4 Ceramic-based Materials
         14.6.2.5 Other Materials
   14.7 Basis Point Share (BPS) Analysis By Type
   14.8 Absolute $ Opportunity Assessment By Type
   14.9 Market Attractiveness Analysis By Type

   14.10 Middle East & Africa (MEA) Aircraft Insulation Materials Market Size & Volume Forecast By Application
      14.10.1 Military Aviation
      14.10.2 Civil Aviation
   14.11 Basis Point Share (BPS) Analysis By Application
   14.12 Absolute $ Opportunity Assessment By Application
   14.13 Market Attractiveness Analysis By Application

   14.14 Middle East & Africa (MEA) Aircraft Insulation Materials Market Size & Volume Forecast By Sales Channel
      14.14.1 Manufacturer
      14.14.2 Distributor
      14.14.3 Service Provider
      14.14.4 Aftermarket
   14.15 Basis Point Share (BPS) Analysis By Sales Channel
   14.16 Absolute $ Opportunity Assessment By Sales Channel
   14.17 Market Attractiveness Analysis By Sales Channel

Chapter 15 Competition Landscape
   15.1 Aircraft Insulation Materials Market: Competitive Dashboard
   15.2 Global Aircraft Insulation Materials Market: Market Share Analysis, 2019
   15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      15.3.1 DuPont de Nemours, Inc

      15.3.2 BASF SE
      15.3.3 Zodiac Aerospace (Safran)
      15.3.4 Zotefoams plc
      15.3.5 Rogers Corporation
      15.3.6 Evonik Industries
      15.3.7 Triumph Group
      15.3.8 3M
      15.3.9 DUNMORE
      15.3.10 Polymer Technologies, Inc.
      15.3.11 Duracote Corporation
      15.3.12 Esterline Technologies Corporation (Transdigm Group, Inc.)
      15.3.13 Insultech, LLC
      15.3.14 Morgan Advanced Materials
      15.3.15 UPF Corporation
      15.3.16 HUTCHINSON

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FAQ Section

Some frequently asked questions about this report!

Additional company profiles can be provided on request.

Yes, the report provides supply chain analysis along with a list of raw material suppliers, manufacturers, distributors, and customers.

According to this Growth Market Reports report, the market from aircraft insulation materials is likely to register a CAGR of 7.8% during forecast period 2020-2027, with an anticipated valuation of USD 33,570.3 million by the end of the 2027.

In addition to market size, value (in US$ Million) and volume (‘000 KG), Company Market Share (in % for base year 2019), other data such Macro-economic factors, COVID-19 Impact on the value chain is available in final report.

Increase in the production of aircraft, surge in air travel, rise in living standards in developing countries, and growth in the number of low-cost airlines have increased the production of insulation materials. Rise in investments in to make aircraft lightweight for the military and commercial sectors are increasing the demand for aircraft insulation materials.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

The market is expected to witness a decrease of over 2-3% between 2019 and 2020 owing to the adverse impact of COVID-19 pandemic on the aircraft insulation materials market.

The base year considered for the global aircraft insulation materials market report is 2019. The complete analysis period is 2017 to 2027, wherein, 2017 & 2018 are the historic years and the forecast is provided from 2020 to 2027.

Civil aviation industry holds the largest market share. Growing demand for commercial aircraft boost the further usage of aircraft insulation materials into the market.

Major Manufactures include, DuPont de Nemours, Inc., BASF SE, Zodiac Aerospace (Safran), Zotefoams plc, Rogers Corporation, Evonik Industries, Triumph Group, 3M.