Global Aerospace Insulation Market is accounted for $9.53 billion in 2020 and is expected to reach $14.73 billion by 2028 growing at a CAGR of 5.6% during the forecast period. Increasing air passenger traffic and strengthening of aircraft manufacturing sector are the major factors propelling the market growth.
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By geography, North America is going to have a lucrative growth during the forecast period due to the presence of major aerospace industry participants including, Boeing, Lockheed Martin, United Technologies, and Northrop Grumman. These players contribute significant share in aerospace manufacturing. Rising aircraft deliveries on account of air passenger and freight traffic across the region will drive the market growth.
Some of the key players profiled in the Aerospace Insulation Market include BASF SE, 3M, AVS Industries, Boyd Corporation, DuPont, Duracote Corporation, Elmelin Ltd, Esterline Technologies Corporation, Evonik Industries, Hutchinson, Insul.Tecno Group, Johns Manville, Orcon Aerospace, Polymer Technologies Inc, Promat, Rogers Corporation, ThermoDyne, Triumph Group, UPF Corporation, Zodiac Aerospace, and Zotefoams.
Platforms Covered in Aerospace Insulation Market
• Fixed Wing
• Rotary Wing
• Acoustic Insulation
• Electric Insulation
• Thermal Insulation
• Vibration Insulation
• Ceramic Material
• Fiber Glass
• Foamed Plastics
• Mineral Wool
• Business & General Aviation
• Commercial Aircraft
• Military Aircraft
End Users Covered:
• Original Equipment Manufacturer (OEM)
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