Aircraft Insulation Materials Market By Type ( By Insulation Type -Thermal Insulation, Acoustic & Vibration Insulation, Electric Insulation, and By 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), and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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.
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.
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.
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.
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
Video Summary for Aircraft Insulation Materials Market :
This browser does not support the video element.
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