Aircraft insulation serves a critical role in enhancing safety and comfort levels in aircraft. It is particularly essential for protecting the crew and passengers from the frigid temperatures experienced at higher altitudes and also helps mitigate engine noise, ensuring a safer and more comfortable environment.
The primary types of aircraft insulation include thermal insulation, acoustic and vibration insulation, and electrical insulation. Thermal insulation involves the use of materials to transfer heat between components in thermal contact. Different aircraft platforms, including fixed-wing, rotary-wing, and unmanned aerial vehicles, utilize various materials for insulation purposes, such as foamed plastics, fiberglass, mineral wool, and ceramic-based materials. The applications of aircraft insulation extend to airframe and propulsion systems, addressing the acoustic, anti-vibration, thermal, fire-resistant, and electrical insulation requirements.
The aircraft insulation market research report is one of a series of new reports that provides aircraft insulation market statistics, including aircraft insulation industry global market size, regional shares, competitors with an aircraft insulation market share, detailed aircraft insulation market segments, market trends and opportunities, and any further data you may need to thrive in the aircraft insulation industry. This aircraft insulation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The aircraft insulation market size has grown strongly in recent years. It will grow from $8.08 billion in 2023 to $8.83 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth observed in the historical period can be attributed to factors such as a focus on weight reduction, the importance of acoustic comfort, the emphasis on thermal efficiency, compliance with regulatory standards, and the ongoing trend of aircraft modernization.
The aircraft insulation market size is expected to see strong growth in the next few years. It will grow to $12.37 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The anticipated growth in the forecast period can be attributed to initiatives promoting green aviation, the development of electric aircraft, enhanced connectivity, a focus on cabin air quality, and market expansion. Key trends expected in this forecast period encompass the adoption of advanced lightweight materials, innovations in fire-resistant insulation, advancements in acoustic insulation, improvements in thermal insulation, and the integration of smart insulation systems in the aviation industry.
Anticipated growth in the demand for lightweight insulation materials is set to drive the expansion of the aircraft insulation market. Lightweight insulation materials are characterized by their low thermal conductivity, requiring less thickness compared to most other insulating materials to achieve the same level of thermal performance. These materials, being lightweight, are particularly suitable for aircraft insulation. For instance, in July 2021, the University of Bath, a UK-based public university, developed a graphene oxide aerogel with a weight of 2.1 kg/m3, marking it as the lightest sound insulation ever created. This surge in demand for lightweight insulation materials is a significant driver propelling the growth of the aircraft insulation market.
The rise in demand for helicopters is also expected to contribute to the growth of the aircraft insulation market. Helicopters, characterized by spinning blades that allow hovering and vertical movement, require insulation materials to withstand cold temperatures and manage heat stress. For example, according to the General Aviation Manufacturers Association (GAMA), a US-based international trade association representing general aviation, there was a notable increase in piston and turbine helicopter deliveries in comparison to the previous year. The surge in helicopter deliveries and the associated increase in their value in 2022 have played a role in driving the demand for insulation materials, thereby fostering growth in the aircraft insulation market.
Technological advancements represent a pivotal trend gaining traction within the aircraft insulation market. Major industry players and research institutions are dedicated to developing new technological solutions to fortify their positions. For instance, in October 2021, researchers at the Riga Technical University's Institute of Aeronautics, a Latvia-based technical institute, developed a multilayer metal-ceramic nanocoating, known as McBLADE, utilizing nanotechnology specifically for the aviation industry. This innovation allows for the modification of aircraft frames, interior components, and engine parts to enhance performance, fuel efficiency, and reduce operational costs. Moreover, nano-coatings offer specialized functionalities such as electrical conductivity, insulation, hydrophobic properties, and light reflection, enhancing the functionality of these materials in aircraft applications.
Major players in the aircraft insulation market are actively engaging in strategic collaborations to provide advanced insulation systems for Airbus. These strategic collaborations involve partnerships between distinct entities, combining resources and efforts to achieve mutual strategic objectives. For instance, in February 2022, Triumph Group, a US-based aerospace company specializing in thermal insulation systems for aircraft, secured a contract with Airbus, a France-based aircraft manufacturer. Triumph Group will be responsible for designing, manufacturing, and offering complete lifecycle support for the principal thermal acoustic insulation system fitted in the Airbus Canada A220 aircraft. The insulation system concept by Triumph aims to optimize performance over the aircraft's entire lifespan, providing Airbus and A220 operators with an efficient and cost-effective solution.
In May 2022, TransDigm Group Incorporated, a US-based manufacturer and developer of aircraft components, completed the acquisition of DART Aerospace for $360 million. This acquisition aligns with the company's long-term goals for returns akin to those of private equity. The DART Aerospace company, based in Canada, is recognized for developing innovative and highly engineered helicopter mission equipment. It's anticipated that DART Aerospace will generate pro forma revenues of approximately $100 million for the calendar year ending December 31, 2022. This acquisition is a strategic move by TransDigm Group to further strengthen its position and expand its offerings within the aircraft industry, particularly in the realm of helicopter mission equipment.
Major companies operating in the aircraft insulation market include BASF SE, AVS Industries Limited Liability Company, Minnesota Mining and Manufacturing Company, Duracote Corporation, Boyd Corporation, DuPont de Nemours Inc., Rogers Corporation, Elmelin Ltd., Evonik Industries AG, Johns Manville, Hutchinson SA, Polymer Technologies Inc., Lamart Corporation, Safran S.A, Triumph Group Inc., Transdigm Group Inc., Zotefoams PLC, Esterline Technologies Corporation, Zodiac Aerospace, Armacell International S.A., Unifrax I LLC, Cabot Corporation, Knauf Insulation, Owens Corning, Saint-Gobain S.A., Aeroflex Industries Limited, Autex Industries Ltd., Cellofoam North America Inc., Insul-Therm International Inc., Pacor Inc., Thermal Control Products
North America was the largest region in the aircraft insulation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aircraft insulation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the aircraft insulation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The aircraft insulation market consists of sales of cellulose, natural fibers, polystyrene, melamine foams, metal composites, and ceramic composites. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The primary types of aircraft insulation include thermal insulation, acoustic and vibration insulation, and electrical insulation. Thermal insulation involves the use of materials to transfer heat between components in thermal contact. Different aircraft platforms, including fixed-wing, rotary-wing, and unmanned aerial vehicles, utilize various materials for insulation purposes, such as foamed plastics, fiberglass, mineral wool, and ceramic-based materials. The applications of aircraft insulation extend to airframe and propulsion systems, addressing the acoustic, anti-vibration, thermal, fire-resistant, and electrical insulation requirements.
The aircraft insulation market research report is one of a series of new reports that provides aircraft insulation market statistics, including aircraft insulation industry global market size, regional shares, competitors with an aircraft insulation market share, detailed aircraft insulation market segments, market trends and opportunities, and any further data you may need to thrive in the aircraft insulation industry. This aircraft insulation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The aircraft insulation market size has grown strongly in recent years. It will grow from $8.08 billion in 2023 to $8.83 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth observed in the historical period can be attributed to factors such as a focus on weight reduction, the importance of acoustic comfort, the emphasis on thermal efficiency, compliance with regulatory standards, and the ongoing trend of aircraft modernization.
The aircraft insulation market size is expected to see strong growth in the next few years. It will grow to $12.37 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The anticipated growth in the forecast period can be attributed to initiatives promoting green aviation, the development of electric aircraft, enhanced connectivity, a focus on cabin air quality, and market expansion. Key trends expected in this forecast period encompass the adoption of advanced lightweight materials, innovations in fire-resistant insulation, advancements in acoustic insulation, improvements in thermal insulation, and the integration of smart insulation systems in the aviation industry.
Anticipated growth in the demand for lightweight insulation materials is set to drive the expansion of the aircraft insulation market. Lightweight insulation materials are characterized by their low thermal conductivity, requiring less thickness compared to most other insulating materials to achieve the same level of thermal performance. These materials, being lightweight, are particularly suitable for aircraft insulation. For instance, in July 2021, the University of Bath, a UK-based public university, developed a graphene oxide aerogel with a weight of 2.1 kg/m3, marking it as the lightest sound insulation ever created. This surge in demand for lightweight insulation materials is a significant driver propelling the growth of the aircraft insulation market.
The rise in demand for helicopters is also expected to contribute to the growth of the aircraft insulation market. Helicopters, characterized by spinning blades that allow hovering and vertical movement, require insulation materials to withstand cold temperatures and manage heat stress. For example, according to the General Aviation Manufacturers Association (GAMA), a US-based international trade association representing general aviation, there was a notable increase in piston and turbine helicopter deliveries in comparison to the previous year. The surge in helicopter deliveries and the associated increase in their value in 2022 have played a role in driving the demand for insulation materials, thereby fostering growth in the aircraft insulation market.
Technological advancements represent a pivotal trend gaining traction within the aircraft insulation market. Major industry players and research institutions are dedicated to developing new technological solutions to fortify their positions. For instance, in October 2021, researchers at the Riga Technical University's Institute of Aeronautics, a Latvia-based technical institute, developed a multilayer metal-ceramic nanocoating, known as McBLADE, utilizing nanotechnology specifically for the aviation industry. This innovation allows for the modification of aircraft frames, interior components, and engine parts to enhance performance, fuel efficiency, and reduce operational costs. Moreover, nano-coatings offer specialized functionalities such as electrical conductivity, insulation, hydrophobic properties, and light reflection, enhancing the functionality of these materials in aircraft applications.
Major players in the aircraft insulation market are actively engaging in strategic collaborations to provide advanced insulation systems for Airbus. These strategic collaborations involve partnerships between distinct entities, combining resources and efforts to achieve mutual strategic objectives. For instance, in February 2022, Triumph Group, a US-based aerospace company specializing in thermal insulation systems for aircraft, secured a contract with Airbus, a France-based aircraft manufacturer. Triumph Group will be responsible for designing, manufacturing, and offering complete lifecycle support for the principal thermal acoustic insulation system fitted in the Airbus Canada A220 aircraft. The insulation system concept by Triumph aims to optimize performance over the aircraft's entire lifespan, providing Airbus and A220 operators with an efficient and cost-effective solution.
In May 2022, TransDigm Group Incorporated, a US-based manufacturer and developer of aircraft components, completed the acquisition of DART Aerospace for $360 million. This acquisition aligns with the company's long-term goals for returns akin to those of private equity. The DART Aerospace company, based in Canada, is recognized for developing innovative and highly engineered helicopter mission equipment. It's anticipated that DART Aerospace will generate pro forma revenues of approximately $100 million for the calendar year ending December 31, 2022. This acquisition is a strategic move by TransDigm Group to further strengthen its position and expand its offerings within the aircraft industry, particularly in the realm of helicopter mission equipment.
Major companies operating in the aircraft insulation market include BASF SE, AVS Industries Limited Liability Company, Minnesota Mining and Manufacturing Company, Duracote Corporation, Boyd Corporation, DuPont de Nemours Inc., Rogers Corporation, Elmelin Ltd., Evonik Industries AG, Johns Manville, Hutchinson SA, Polymer Technologies Inc., Lamart Corporation, Safran S.A, Triumph Group Inc., Transdigm Group Inc., Zotefoams PLC, Esterline Technologies Corporation, Zodiac Aerospace, Armacell International S.A., Unifrax I LLC, Cabot Corporation, Knauf Insulation, Owens Corning, Saint-Gobain S.A., Aeroflex Industries Limited, Autex Industries Ltd., Cellofoam North America Inc., Insul-Therm International Inc., Pacor Inc., Thermal Control Products
North America was the largest region in the aircraft insulation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aircraft insulation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the aircraft insulation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The aircraft insulation market consists of sales of cellulose, natural fibers, polystyrene, melamine foams, metal composites, and ceramic composites. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Aircraft Insulation Market Characteristics3. Aircraft Insulation Market Trends And Strategies31. Global Aircraft Insulation Market Competitive Benchmarking32. Global Aircraft Insulation Market Competitive Dashboard33. Key Mergers And Acquisitions In The Aircraft Insulation Market
4. Aircraft Insulation Market - Macro Economic Scenario
5. Global Aircraft Insulation Market Size and Growth
6. Aircraft Insulation Market Segmentation
7. Aircraft Insulation Market Regional And Country Analysis
8. Asia-Pacific Aircraft Insulation Market
9. China Aircraft Insulation Market
10. India Aircraft Insulation Market
11. Japan Aircraft Insulation Market
12. Australia Aircraft Insulation Market
13. Indonesia Aircraft Insulation Market
14. South Korea Aircraft Insulation Market
15. Western Europe Aircraft Insulation Market
16. UK Aircraft Insulation Market
17. Germany Aircraft Insulation Market
18. France Aircraft Insulation Market
19. Italy Aircraft Insulation Market
20. Spain Aircraft Insulation Market
21. Eastern Europe Aircraft Insulation Market
22. Russia Aircraft Insulation Market
23. North America Aircraft Insulation Market
24. USA Aircraft Insulation Market
25. Canada Aircraft Insulation Market
26. South America Aircraft Insulation Market
27. Brazil Aircraft Insulation Market
28. Middle East Aircraft Insulation Market
29. Africa Aircraft Insulation Market
30. Aircraft Insulation Market Competitive Landscape And Company Profiles
34. Aircraft Insulation Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Aircraft Insulation Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on aircraft insulation market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- All data from the report will also be delivered in an excel dashboard format.
Description:
Where is the largest and fastest growing market for aircraft insulation? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
- Markets Covered: 1) By Type: Thermal Insulation; Acoustic And Vibration Insulation; Electric Insulation 2) By Platform: Fixed Wing; Rotary Wing; Unmanned Aerial Vehicles 3) By Material: Foamed Plastics; Fiberglass; Mineral Wool; Ceramic-Based Materials; Other Materials 4) By Application: Airframe; Propulsion System
- Companies Mentioned: BASF SE; AVS Industries Limited Liability Company; Minnesota Mining and Manufacturing Company; Duracote Corporation; Boyd Corporation
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- BASF SE
- AVS Industries Limited Liability Company
- Minnesota Mining and Manufacturing Company
- Duracote Corporation
- Boyd Corporation
- DuPont de Nemours Inc.
- Rogers Corporation
- Elmelin Ltd.
- Evonik Industries AG
- Johns Manville
- Hutchinson SA
- Polymer Technologies Inc.
- Lamart Corporation
- Safran S.A
- Triumph Group Inc.
- Transdigm Group Inc.
- Zotefoams plc
- Esterline Technologies Corporation
- Zodiac Aerospace
- Armacell International S.A.
- Unifrax I LLC
- Cabot Corporation
- Knauf Insulation
- Owens Corning
- Saint-Gobain S.A.
- Aeroflex Industries Limited
- Autex Industries Ltd.
- Cellofoam North America Inc.
- Insul-Therm International Inc.
- Pacor Inc.
- Thermal Control Products