Aerospace Insulation Market Size & Share Report till 2028

Aerospace Insulation Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Thermal Insulation, Acoustic Insulation, Electric Insulation, and Vibration Insulation), Insulation Material (Mineral Wool, Ceramic-based Materials, Foamed Plastics, and Fiberglass & Others), Aircraft Type (Commercial Aircraft, Military Aircraft, and Helicopters), and Application (Engine and Airframe)

  • Report Code : TIPRE00018327
  • Category : Chemicals and Materials
  • Status : Published
  • No. of Pages : 175

Aerospace Insulation Market Size & Share Report till 2028

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The aerospace insulation market is expected to grow from US$ 5,731.28 million in 2022 to US$ 7,633.23 million by 2028; it is estimated to grow at a CAGR of 4.9% from 2022 to 2028.

Aerospace insulation refers to the material installed in the aircraft to improve safety and comfort levels. Functions of the aircraft in severe climatic conditions should adhere to certain fundamental operations as well as safety measures concerning both weight and temperature terms and overall performance. Due to advantages, such as lower vibration and noise levels during flying hours, the demand for insulating materials is growing at a rapid pace. The rising usage of composites in commercial aircraft is expected to push the development of diverse aerostructures, resulting in substantial industry potential. The increasing demand for lightweight insulating materials and composite materials in the commercial aircraft and business jet industries to reduce cabin noise is likely to drive the market over the next few years.

Aerospace insulation plays a crucial role in protecting crew and passengers from generator noise and freezing temperatures at higher elevations. The rising demand for lightweight fleet, new generation, and fuel-efficient aircraft with the increasing importance of reducing emissions is expected to increase aircraft production. The significant development of the travel industry in emerging markets and the increasing number of passengers for international and domestic travel are the major factors driving the global aerospace insulation market. For instance, according to the International Air Transport Association (IATA), the total demand for air travel in April 2022 increased by 78.7% compared to April 2021.

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Aerospace Insulation Market: Strategic Insights

Aerospace Insulation Market
  • CAGR
    CAGR (2022 - 2028)
    4.9%
  • Market Size 2022
    US$ 5.73 Billion
  • Market Size 2028
    US$ 7.63 Billion

Market Dynamics

GROWTH DRIVERS
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FUTURE TRENDS
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OPPORTUNITIES
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Key Players

  • Duracote corporation
  • Rogers Corporation
  • DuPont
  • BASF SE
  • 3M
  • TransDigm Group Incorporated
  • Triumph Inc
  • Johns Manville
  • Morgan Advanced Materials Plc

Regional Overview

Regional Overview
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Market SegmentProduct
  • Thermal Insulation
  • Acoustic Insulation
  • Electric Insulation
  • Vibration Insulation
Market SegmentInsulation Material
  • Mineral Wool
  • Ceramic-based Materials
  • Foamed Plastics
  • Fiberglass & Others
Market SegmentAircraft Type
  • Commercial Aircraft
  • Military Aircraft
  • Helicopters
Market SegmentApplication
  • Engine and Airframe
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

According to the Federal Aviation Administration (FAA), all commercial aircraft must have thermal and acoustic insulation. These insulators ensure that passengers' comfort is not affected by exterior temperature variations and that excessive noise the aircraft creates does not interfere with communication. Such stringent regulations encourage aircraft manufacturers to use insulation material in aircraft, boosting the aerospace insulation market.

Many aerospace insulation manufacturers such as Zotefoams are developing lightweight aerospace building materials to increase fuel efficiency and sustainability. Thermal and acoustic insulation protects against excessive noise and temperature in most aircraft. Thermal and acoustic insulation is a unique high-performance fiber enclosed in an aircraft-rated plastic covering that holds the insulating materials together while also functioning as a moisture barrier.

Market Insights

Growth in Air Transport Sector Boosts Aerospace Insulation Market

The air transport sector is expanding fast and is expected to continue like this over the next few years. According to the International Air Transport Association (IATA) estimate, the demand for air transport is expected to increase by an average of 4.3% per annum till 2036. If this growth is achieved by 2036, the air transport industry is expected to contribute 15.5 million direct jobs and US$1.5 trillion of GDP to the world economy during the forecast period. Such significant growth in air transport demand will lead to more aircraft demand. Aerospace insulation is used in aircraft to increase the comfort and safety of the aircraft and travelers, which is expected to propel the aerospace insulation market during the forecast period. Further, the cost of composite materials is continuously declining, allowing aircraft manufacturers to utilize composites for aerospace insulation. Therefore, due to such factors, the market will flourish rapidly over the forecast period.

Product Insights

Based on product, the aerospace insulation market is segmented into thermal insulation, acoustic insulation, electric insulation, and vibration insulation. In 2021, the thermal insulation segment dominated the market and is expected to grow at a faster CAGR during the forecast period. Increased research and development activities to produce advanced lightweight and sustainable thermal insulation material is boosting the growth of the thermal insulation segment during the forecast period. 

3M; TransDigm Group Incorporated; Triumph Group, Inc.; Johns Manville; Morgan Advanced Materials Plc; Polymer Technologies Inc.; Duracote Corporation; Rogers Corporation; DuPont; and BASF SE are the key players operating in the aerospace insulation market. The leading players adopt several strategies, such as mergers & acquisitions and product launches, to expand their geographic presence and consumer base.  

Aerospace Insulation Market Report Scope

Report Attribute Details
Market size in 2022 US$ 5.73 Billion
Market Size by 2028 US$ 7.63 Billion
Global CAGR (2022 - 2028) 4.9%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Product
  • Thermal Insulation
  • Acoustic Insulation
  • Electric Insulation
  • Vibration Insulation
By Insulation Material
  • Mineral Wool
  • Ceramic-based Materials
  • Foamed Plastics
  • Fiberglass & Others
By Aircraft Type
  • Commercial Aircraft
  • Military Aircraft
  • Helicopters
By Application
  • Engine and Airframe
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Duracote corporation
  • Rogers Corporation
  • DuPont
  • BASF SE
  • 3M
  • TransDigm Group Incorporated
  • Triumph Inc
  • Johns Manville
  • Morgan Advanced Materials Plc
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Report Spotlights

  • Progressive trends in the aerospace insulation industry to help players develop effective long-term strategies
  • Business growth strategies adopted by companies to secure growth in developed and developing markets
  • Quantitative analysis of the global aerospace insulation market from 2021 to 2028
  • Estimation of the demand for aerospace insulation across various industries
  • Porter's Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the aerospace insulation industry
  • Recent developments to understand the competitive market scenario and the demand for aerospace insulation
  • Market trends and outlook coupled with factors governing the growth of the aerospace insulation market
  • Understanding the strategies that underpin commercial interest with regard to the market growth, aiding in the decision-making process
  • Aerospace insulation market size at various nodes of market
  • Detailed overview and segmentation of the market as well as its industry dynamics
  • Aerospace insulation market size in various regions with promising growth opportunities

The "Aerospace Insulation Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry, focusing on the market trend analysis. The report aims to provide an overview of the market with detailed segmentation. The aerospace insulation market is segmented on the basis of product, insulation material, aircraft, and geography. Based on product, the market is segmented into thermal insulation, acoustic insulation, electric insulation, and vibration insulation. Based on insulation material, the market is segmented into mineral wool, ceramic-based materials, foamed plastics, and fiberglass & others. Based on aircraft, the market is segmented into engine and airframe. Based on geography, the market is segmented into five main regions North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. In 2021, North America dominated the market. However, Asia Pacific is expected to register the highest CAGR in the market during the forecast period. 

Report Coverage

Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered

Segment Covered

Product, Insulation Material, Aircraft Type, and Application

Regional Scope

Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope

Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


Which aircraft segment is the fastest growing in the global aerospace insulation market?

On the basis of aircraft, commercial aircraft is the fastest growing segment. It is growing at a CAGR of 5.0% during the forecast period 2022-2028. Commercial aircrafts pays more attention to the comfort of cabin to provide comfort to its customers, so to maintain a balance in weather inside the cabin it is covered with a layer of fiberglass insulation.

Can you list some of the major players operating in the global aerospace insulation market?

The major players operating in the global aerospace insulation market are Duracote Corporation, Rogers Corporation, DuPont, BASF SE, 3M, TransDigm Group Incorporated, Triumph Group Inc., Johns Manville, Morgan Advanced Materials Plc, and Polymer Technologies Inc.

What is the key driver for the growth of the global aerospace insulation market?

The key factors that drive the aerospace insulation market include growing passenger & freight traffic in the world, a rise in MRO activities, and an increase in fleet replacement rates. The rising demand for lightweight fleet, new generation, and fuel-efficient aircraft with the increasing emphasis on reducing emissions is expected to drive aircraft production. The growth in the development of the travel industry in emerging markets, coupled with the increasing number of passengers for outbound and domestic travel, are some of the major factors driving the growth of aerospace insulation.

In 2021, which product segment accounted for the largest global aerospace insulation market share?

In 2021, the thermal insulation segment accounted for the largest market share. Lightweight fiberglass, insulation, and thin film bagging material make up aircraft thermal insulation. It is an insulation which is utilized all through an airplane’s fuselage: reduces noise, and protects from heat or cold.

In 2021, which region held the largest global aerospace insulation market share?

In 2021, North America accounted for the largest share of the global aerospace insulation market. North America has a surge in demand for fuel-efficient engines. The largest aircraft delivers are also located in North America, along with the largest defense spending in the world. These factors are a reason that the region holds the largest share. The product manufacturers are also focusing on increased mergers to gain competitive edge.

Which insulation material segment is the fastest growing in the global aerospace insulation market?

On the basis of insulation material, ceramic-based materials is the fastest growing segment. It is expected to grow at a CAGR of 5.3% during the forecast period. The ceramic-based materials' applications make it suitable for aircraft and space exploration vehicles. They provide an electrical insulation, which acts as a very important factor in aircraft to avoid electromagnetic interference and makes the communication smoother between the pilot and ground control.

The List of Companies - Aerospace Insulation Market

  1. Duracote corporation
  2. Rogers Corporation
  3. DuPont
  4. BASF SE
  5. 3M
  6. TransDigm Group Incorporated
  7. Triumph Inc.
  8. Johns Manville
  9. Morgan Advanced Materials Plc
  10. Polymer Technolgoies Inc.

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