Aircraft Insulation Market to Increase at 5.79% CAGR over 2017-2022, Forecasts M&M in Its New Publication Now Available at MarketPublishers.com31 Jul 2017 • by Natalie Aster
LONDON – In the current year, the aircraft insulation market value will likely touch USD 7.46. Furthermore, by 2022 it is anticipated to climb to USD 9.89, exhibiting growth at a 5.79% CAGR in the coming years.
The main factors driving growth in the aircraft market include introduction of advanced fire and acoustic resistant materials, escalating demand for lightweight insulation materials and accelerating usage of advanced composite materials.
On the basis of platforms, the fixed wing sector grabs the biggest chunk of the overall aircraft insulation materials.
Regionally, the major share of the world’s aircraft insulation market belongs to the North American region. However, the highest growth rates through 2022 are anticipated in the APAC market.
The new research publication “Aircraft Insulation Market by Type, Material, Application Area, Platform and Region - Global Forecast to 2022” made up by MarketsandMarkets (M&M) covers the market landscape and dynamics in detail. Moreover, this research study sheds light on the prevailing trends, delves deep into the market structure and the main market segments, explores the situation across the key geographies. The report studies the major factors responsible for the market growth, points out the key threats and opportunities, covers the competitive pressures and provides strategic profiling of the prominent market players. Additionally, a future outlook for the aircraft insulation market through 2022 is at hand in this topical study.
A full list of the company’s market research studies is provided at the M&M page at MarketPublishers.com.