Aerospace Interior Sandwich Panel Market Report

Aerospace Interior Sandwich Panel Market Report

Aerospace Interior Sandwich Panel Market Report
Report code - SRAD139 Published On : Feb,2025 No. of Pages: 133
Aircraft Interior Sandwich Panel Market Size, Share, Trend, Forecast, Competitive Analysis See more...

Market Insights

“The aircraft interior sandwich panel market size was US$ 1.8 billion in 2023 and is likely to grow at a decent CAGR of 3.4% in the long run to reach US$ 2.9 billion in 2034.”

Market Dynamics

Introduction

In recent years, cabin interiors have become a focal point of innovation within the aircraft industry. Stakeholders have prioritized upgrades to improve passenger comfort, and airlines are investing in high-quality cabin features to differentiate themselves and attract more customers. Composite materials, particularly sandwich panels with Nomex honeycomb cores and thermoset prepregs such as phenolic or epoxy, have emerged as crucial due to their balance of strength, durability, and lightweight, contributing to fuel efficiency.

In addition to these sandwich panels, other composite forms like injection-molded, extruded, and compression-molded components are widely used in interior applications. These materials enhance cabin resilience, lower overall aircraft weight, and align with the industry's sustainability and efficiency goals, as they support reduced fuel consumption and lower emissions.

Despite the short-term demand fiasco, the long-term growth prospects for aircraft interior sandwich panels still seem favorable with the expected rebound in air passenger traffic, the ramp-up in production rates of key aircraft programs, upcoming aircraft programs, and the resumption of aircraft interior refurbishment orders from the airlines. Hence, the market is likely to experience a promising CAGR of 3.4% over the next ten years to reach US$ 2.9 billion in 2034.

Segments Analysis

Segmentations

List of Sub-Segments

Segments with High Growth Opportunity

By Aircraft Type

Narrow-Body Aircraft, Wide-Body Aircraft, Regional Aircraft, and Business Jets

Narrow-body aircraft are anticipated to drive demand for the aircraft interior sandwich panel market. In contrast, Wide-body aircraft are expected to experience the fastest growth rate in the coming years.

By Application Type

Floor Panel, Cabin Linings, Stowage Bin Panels, Galley Panels, Lavatory Panels, Cargo Panels, and Other Application Types

Cabin Liners are anticipated to be the largest demand generator in the aircraft interior sandwich panel market, whereas Lavatories are expected to witness the fastest growth in the coming years.

By Core Material Type

Nomex Honeycomb, Aluminium Honeycomb, and Other Core Material Types

Nomex Honeycomb is expected to maintain its dominance during the forecast period and is likely to be the fastest-growing segment during the same period.

By End-User Type

OE and Aftermarket

OE is expected to maintain its dominance during the forecast period and is likely to be the faster-growing end-user during the same period.

By Region

North America, Europe, Asia-Pacific, and Rest of the World

North America is projected to retain its supremacy during the forecast period, whereas Asia-Pacific is expected to experience the fastest growth.

By Aircraft Type

“Narrow-body aircraft are anticipated to drive demand for the aircraft interior sandwich panel market, whereas wide-body aircraft are expected to experience the fastest growth rate in the coming years.”

The aircraft interior sandwich panel market is segmented into narrow-body aircraft, wide-body aircraft, regional aircraft, and general aviation.

Narrow-body aircraft is estimated to maintain its unassailable lead in the market in the foreseeable future. The aircraft body type is likely to make the fastest comeback with the resumption of domestic air travel in various parts of the world. The market entry of COMAC C919 is likely to further substantiate the demand in the years to come.

By Application Type

“Cabin Linings are anticipated to be the largest demand generator of the aircraft interior sandwich panel market, whereas Lavatories are expected to witness the fastest growth in the coming years.”

The market is segmented into floor panels, cabin linings, stowage bin panels, galley panels, lavatory panels, and cargo panels.

Cabin Linings are estimated to maintain their lead in the market over the next ten years. Cabin linings include aircraft sidewall and ceiling panels; therefore, they cover the largest area of application for sandwich panels. Lavatories are expected to witness the fastest growth in the coming years.

By Core Material Type

“Nomex Honeycomb is expected to maintain its dominance during the forecast period and is likely to be the fastest-growing segment during the same period.”

The aircraft interior sandwich panel market is divided into segments based on core materials: Nomex honeycomb, aluminum honeycomb, and others.

Nomex honeycomb is especially suited for aircraft interiors, offering key benefits like high mechanical strength and excellent flame-smoke-toxicity (FST) ratings. Additional advantages include a strong strength-to-weight ratio, corrosion resistance against water, oil, and fuel, high-temperature durability, ease of shaping, and good dielectric properties, making it a versatile and durable choice for interior applications.

By End-User Type

“OE is expected to maintain its dominance during the forecast period and is likely to be the faster-growing end-user during the same period.”

The market is segmented into OE and aftermarket. The OE segment held a larger share of the market in 2022. Commercial aircraft (narrow-body and wide-body aircraft) account for most of the OE and aftermarket demand for sandwich panels. Aftermarket also occupies a healthy chunk of the market. 800+ airlines are active worldwide, generating strong replacement demand for sandwich panels.

Regional Analysis

“North America is projected to retain its supremacy during the forecast period, whereas Asia-Pacific is expected to experience the fastest growth.”

The aircraft interior sandwich panel market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America is projected to remain the largest market for aircraft interior sandwich panels throughout the forecast period, supported by its extensive fleet of regional and general aviation aircraft, which fuels ongoing retrofit demand. Additionally, the resumed production of the Boeing 737 Max, with plans for gradual increases, contributes to the region's strong demand for sandwich panels.

Asia-Pacific is anticipated to be the fastest-growing region, driven by rising air travel and fleet expansions in countries like China, Japan, and India.

Key Players

Interiors remain a hot topic in the aircraft industry. The industry has noticed a large number of M&A activities in interiors-related businesses in the past 10 years. Zodiac and BE Aerospace, the two giants in the interiors, were acquired by the leading tier-I players in the past decade. Furthermore, some small-sized companies were also acquired by other industry stakeholders. For instance, in 2019, Boeing acquired Encore. The acquisition was done mainly to increase innovation within the cabin vertical and strengthen its capabilities. The following are some of the key players in the aircraft interior sandwich panel market:

  • Safran S.A.
  • The Gill Corporation
  • Collins Aerospace (a Unit of Raytheon Technologies Corp.)
  • Triumph Group Inc. (Triumph Composite Systems)
  • Jamco Corporation
  • AVIC Cabin Systems Limited
  • Diehl Stiftung & Co. KG
  • Euro-Composites Corporation
  • Yokohama Aerospace America, Inc.
  • Boeing Encore Interiors LLC
  • EFW GmbH
  • Hexcel Corporation

Note: The above list does not necessarily include all the top players in the market.

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Research Methodology

  • This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s aircraft interior sandwich panel market realities and future market possibilities for the forecast period of 2024 to 2034.
  • The report segments and analyses the market in the most detailed manner to provide a panoramic view.
  • The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruits available in the market and formulating growth strategies to expedite their growth process.
  • This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
  • More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
  • We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis.
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
  • Market trend and forecast analysis.
  • Market segment trend and forecast.
  • Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
  • COVID-19 impact and its recovery curve
  • Attractive market segments and associated growth opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing and new players.
  • Key success factors.

The aircraft interior sandwich panel market is segmented into the following categories. 

Aircraft Interior Sandwich Panel Market Size, Share & Forecast By Aircraft Type

  • Narrow-body Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • Wide-body Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • Regional Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • General Aviation (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Aircraft Interior Sandwich Panel Market Size, Share & Forecast, By Application Type

  • Floor Panel (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • Cabin linings (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • Stowage Bin Panels (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • Galley Panels (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • Lavatory Panels (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • Cargo Panels (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • Others (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Aircraft Interior Sandwich Panel Market Size, Share & Forecast By Core Material Type

  • Nomex Honeycomb (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • Aluminium Honeycomb (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • Others (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Aircraft Interior Sandwich Panel Market Size, Share & Forecast, By End-User Type

  • OE (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • Aftermarket (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Aircraft Interior Sandwich Panel Market Size, Share & Forecast, By Region

  • North America (Country Analysis: the USA, Canada, and Mexico)
  • Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
  • Asia-Pacific (Country Analysis: Japan, China, India, and Rest of the Asia-Pacific)
  • Rest of the World (Country Analysis: Saudi Arabia, Brazil, and Others)

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

  • Detailed profiling of additional market players (up to three players)
  • SWOT analysis of key players (up to three players)

Competitive Benchmarking

  • Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across industries. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

Frequently Asked Questions (FAQs)

The aircraft interior sandwich panel is estimated to grow at a decent CAGR of 3.4% over the next ten years, reaching a value of US$2.9 billion in 2034.

AVIC Cabin Systems Limited, Collins Aerospace, Diehl Stiftung & Co. KG, Boeing Encore Interiors LLC, Euro-Composites Corporation, Hexcel Corporation, Jamco Corporation, Plascore Incorporated, Safran S.A., The Gill Corporation, Triumph Group Inc., and Yokohama Aerospace America, Inc. (alphabetically arranged) are the leading players of the market.

North America has the largest aircraft interior sandwich panel market share during the study period.

Asia-Pacific is anticipated to be the fastest-growing region, driven by rising air travel and fleet expansions in countries like China, Japan, and India.

Cabin linings are expected to dominate the market over the next decade. These linings, which encompass aircraft sidewall and ceiling panels, represent the largest area of application for sandwich panels. Their significant coverage area and critical role in aircraft interior design make them a key component in the aviation industry's ongoing demand for lightweight, durable materials.

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