PUBLISHER: Grand View Research | PRODUCT CODE: 1772191
PUBLISHER: Grand View Research | PRODUCT CODE: 1772191
The global aerospace insulation market size is expected to reach USD 13.19 billion by 2033, registering a CAGR of 5.2% from 2025 to 2033, according to a new report by Grand View Research, Inc. Surge in aircraft deliveries and growth in MRO activities owing to surging passenger and freight movement across the globe are expected to drive the market over the forecast period.
Majority of the manufacturers choose to independently distribute their products in order to better serve their customers in case of customized products, which helps them to increase their profit margin. Manufacturers also establish strategic relationship with tier 1 suppliers and provide solutions to the end users through direct or third-party distribution.
The market is characterized by the presence of established players with a strong financial base, thereby presenting high entry barriers in the market. Moreover, the aircraft manufactures usually opt for reliable suppliers with high goodwill on account of past product procurement, thus making it difficult for the new entrants to establish their business. Hence, the threat of new entrants is anticipated to be low as high initial capital investment is required.
Key players in the market are focused on increasing their market share through new product developments, rather than mergers & acquisitions. Companies in the market are focusing on expanding their product portfolio by developing cost-effective insulation products with enhanced properties.