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The Aircraft Insulation Market size is projected to reach a CAGR of 9.5% from 2022 to 2028.
Aircraft thermal acoustic insulation is comprised of lightweight fiberglass, insulation and thin film bagging material. Used throughout a plane’s fuselage, this insulation Deadens noise, Insulates against heat or cold and Acts as a moisture barrier.
Increase in demand for lightweight materials, introduction of advanced acoustic and fire-resistant materials resulting in safer operations of aircraft, declining cost of composite materials, and increasing demand for military helicopters are some of the factors that have supported long-term expansion for Aircraft Insulation Market.
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Recent Developments
· In September 2019, BASF SE developed particle foam based on polyether sulfone (PESU). The foam offers various features such as flame retardancy, high-temperature resistance, and lightweight.
· In March 2019, Transdigm Group, Inc. acquired Esterline Technologies Corporation (US), a manufacturer of aircraft parts & components, machine tool systems, aircraft insulation systems, and automated drilling products. The acquisition enabled Transdigm Group, Inc. to strengthen its position in the global aircraft insulation market.
Prominent Players
· Dupont
· BASF SE
· Esterline Technologies Corporation (Transdigm Group, Inc.)
· Triumph Group Inc.
· Polymer Technologies Inc.
· Transdigm Group, Inc.
· Zotefoams
· Rogers Corporation
· Safran Group
· Evonik Industries
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North America to Dominate the Market
North America is projected to be the largest regional share of the aircraft insulation market during the forecast period.
Aircraft Insulation Market Segmentation:
On the basis of Type
· Thermal Insulation
· Acoustic & Vibration Insulation
· Electric Insulation
On the basis of Material
· Foamed Plastics
· Fiberglass
· Mineral Wool
· Ceramic-based Materials
· Others
On the basis of Application
· Airframe
· Propulsion System
On the basis Platform
· Fixed Wing
· Rotary Wing
· Unmanned Aerial Vehicles
Based on region:
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.
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