Aerospace Insulation Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2020-2027

Published Date : Dec 2020 | No. of Pages : 250 Pages | Category : Chemical and Material

The global Aerospace Insulation market size is expected to be worth around US$ 12.26 billion by 2027, according to a new report by Vision Research Reports.

The global Aerospace Insulation market size was valued at US$ 8.84 billion in 2019 and is anticipated to grow at a CAGR of 4.1% during forecast period 2020 to 2027.

Growth Factors

Surge in aircraft deliveries and growth in MRO activities owing to surging passenger and freight movement across the globe are expected to drive the market over the forecast period.

Majority of the manufacturers choose to independently distribute their products in order to better serve their customers in case of customized products, which helps them to increase their profit margin. Manufacturers also establish strategic relationship with tier 1 suppliers and provide solutions to the end users through direct or third-party distribution.

The market is characterized by the presence of established players with a strong financial base, thereby presenting high entry barriers in the market. Moreover, the aircraft manufactures usually opt for reliable suppliers with high goodwill on account of past product procurement, thus making it difficult for the new entrants to establish their business. Hence, the threat of new entrants is anticipated to be low as high initial capital investment is required.

Report Highlights

Ceramic materials accounted for the largest market share of 48.6% in 2019 and are expected to witness the fastest growth over the forecast period. This is attributed to their beneficial properties, such as extreme heat resistance, corrosion resistance, and lightweight. These materials are widely used for a number of aerospace applications, including exhaust systems and engines, thermal protection shields, brakes, bearings, seals, and other wear resistant components.

is expected to expand at a CAGR of 4.2% from 2020 to 2027. This can be attributed to the optimum thermal and acoustical insulating performance of the material for applications up to 450°F. It is preferably used for the insulation of fuselage wall cavities for commercial aircraft.

The commercial segment including passenger and freightliner aircraft is one of the major application areas of insulation in the aerospace industry. The segment accounted for the largest share of over 55.01in 2019 and is anticipated to witness the fastest growth over the forecast period. Utilization of insulation in aircraft aids in thermal and acoustic insulation, which further improves passenger comfort and experience. In addition, insulation materials in freight liners are primarily installed to improve the thermal insulation, thus protecting the contents during logistics.

Thermal insulation held the largest share of 66.2% in 2019 owing to extensive use of thermal insulation in aircraft manufacturing as well as aftermarket. Thermal insulation is mainly used to provide heat shield for engine components as well as thrust reversers and ducts. The application of thermal insulation provides the necessary fire barrier to the components from high temperatures.

Electric insulation is expected to expand at the fastest CAGR of 5.2% from 2020 to 2027 owing to the application of electric insulation in essential electric systems, such as in-flight control systems and navigation and communication systems. In addition, the frequent need for replacement of electrical insulation is expected to boost the segment growth.

The aerostructure segment dominated the market with a share of 59.01% in 2019 and is expected to maintain its lead over the forecast period. The segment comprises fuselage, door pairings, wings, and airframe, which require insulation in maintaining a comfortable temperature in the cabin interior and flight desk.

Engine insulation is expected to expand at the fastest CAGR of 4.5% from 2020 to 2027 as engines are one of the most significant parts of an aircraft, which provide the necessary thrust to move an aircraft through the air. Engine and propulsion system comprises a propeller system, turbines, bearing bushes, and nacelles.

North America held the largest share of 40.70% in 2019. The region is expected to witness a growing demand for fuel efficient aircraft in the next few years on account of rising fuel prices. The high replacement rate mainly for regional aircraft is fueling the growth of the matured aerospace industry, which, in turn, is expected to increase the demand for aircraft insulation over the forecast period.

Asia Pacific is expected to expand at the fastest CAGR of 6.3% from 2020 to 2027. Emerging economies in the Asia Pacific, including China, India, and Japan, are largely fueling the growth of the aerospace industry due to the emergence of the aircraft manufacturing industry in the region, which, in turn, is expected to propel the demand for aerospace insulation over the forecast period.

Key Players

  • Duracote Corporation

  • Rogers Corporation

  • Dupont


  • 3M

  • Esterline Technologies Corporation

  • Triumph Group Inc.

  • Zodiac Aerospace

  • Evonik Industries

  • Polymer Technologies Inc.

  • Zotefoams

  • UPF Corporation

  • Boyd Corporation

  • Johns Manville

  • Orcon

  • AVS Industries

Market Segmentation

  • Material Outlook

    • Ceramic Materials

    • Mineral Wool

    • Foamed Plastics

    • Fiberglass

    • Others

  • Product Outlook

    • Thermal Insulation

    • Acoustic Insulation

    • Electric Insulation

  • Application Outlook 

    • Engine

    • Aerostructure

  • End-use Outlook

    • Commercial

    • Military

    • Business & General Aviation

    • Others

  • Regional Outlook

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • U.K.

      • France

      • Italy

      • Spain

    • Asia Pacific

      • China

      • India

      • Japan

    • Central & South America

      • Brazil

    • Middle East & Africa

The Aerospace Insulation market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Aerospace Insulation market for the base year 2019 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Aerospace Insulation market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Aerospace Insulation market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Aerospace Insulation market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Aerospace Insulation capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Aerospace Insulation by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Aerospace Insulation market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Aerospace Insulation market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Aerospace Insulation market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Aerospace Insulation industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

The Aerospace Insulation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Aerospace Insulation market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Aerospace Insulation market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Aerospace Insulation market. These factors have benefited the growth of the global market for Aerospace Insulation. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Aerospace Insulation. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Aerospace Insulation are as follows:

  • Historic Year: 2016-2019
  • Base Year: 2020
  • Forecast Year 2020 to 2027

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2016-2019) and forecast (2020-2027);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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