Aerospace Plastics Market Analysis By The Business Research Company

News provided by

Jun 30, 2022, 11:40 ET

The Business Research Company's Aerospace Plastics industry report expands on key drivers, trends, and growth opportunities in the market.

LONDON, June 30, 2022 /PRNewswire/ -- The aerospace plastics market consists of sales of aerospace plastics by entities (organizations, sole traders, partnerships) that provide durability, chemical, and fire resistance required for aircraft parts and interiors. Aerospace plastics are long-lasting and require less maintenance than other materials. These are lightweight, provide the same strength as metals, do not rust, and are easy to fabricate.

The global aerospace plastics market size is expected to grow from $0.67 billion in 2021 to $0.71 billion in 2022 at a compound annual growth rate (CAGR) of 4.7%. The global aerospace plastics market forecast sees it reaching $0.87 billion in 2026 at a CAGR of 5.4%.

Request a free sample of the Aerospace Plastics Market Report

Aerospace Plastics Market Growth

The increasing fleet size of commercial aircraft is significantly contributing to the growth of the aerospace plastics market. The aircraft fleet is known as the number of airplanes operated by the respective airline. Increasing fleet size requires new aircraft parts to be installed and the replacement of the old parts, thereby promoting the growth of aerospace plastics used in the manufacturing of aircraft parts. For instance, according to Boeing, a US-based aerospace company's commercial market outlook for 2021–2040, the global commercial fleet will exceed 49,000 airplanes by 2040. Therefore, the increasing fleet size of commercial aircraft is driving the aerospace plastics market.

Aerospace Plastics Market Regional Analysis

North America accounts for the largest aerospace plastics market share. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the global aerospace plastic market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Aerospace Plastics Industry Overview

1) By Polymer Type: Polyether Ether Ketone (PEEK), Polymethyl Methacrylate (PMMA), Polycarbonates (PC), Polyphenylene Sulfide (PPS), Acrylonitrile Butadiene Styrene (ABS)

2) By Application: Aircraft Frame, Components, Cabin Interiors, Wings and Rotor Blades, Others

3) By End-Use: Commercial Aircrafts, Military Aircrafts, Rotary Aircrafts, General Aviation

See more on the Aerospace Plastics Market Report

Check out similar market reports:

Aerospace 3D Printing Global Market Report 2022 – By Material Type (Metals, Plastics, Ceramics), By Industry Type (Aircraft, Spacecraft, Unmanned Aerial Vehicles), By Printer Technology Type (Direct Metal Laser Sintering (DMLS), Fused Deposition Modeling (FDM), Continuous Liquid Interface Production (CLIP), Stereolithography (SLA), Selective Laser Sintering (SLS)), By Process Type (Material Extrusion, Powder Bed Fusion, Direct Energy Deposition, Material Jetting, Binder Jetting, Sheet Lamination, Vat Photo-Polymerization), By Application (Structural Components, Engine Components, Space Components) – Market Size, Trends, And Global Forecast 2022-2026

Aerospace Composites Global Market Report 2022 – By Fiber Type (Carbon Fiber Composites, Ceramic Fiber Composites, Glass Fiber Composites, Others), By Aircraft Type (Commercial Aircraft, Business & General Aviation, Civil Helicopter, Military Aircraft, Others), By Manufacturing Process (AFP/ATL, Lay-Up Process, Resin Transfer Moulding Process, Filament Winding Process, Others), By Resin Type (Benzoxazine, Cyanate Ester, Bismalimide, Ceramic and Metal Matrix, Thermosetting Resins, Polyester, Others), By Application (Interior, Exterior) – Market Size, Trends, And Global Forecast 2022-2026

Aerospace Materials Global Market Report 2022 – By Type (Aluminum Alloys, Steel Alloys, Titanium Alloys, Super Alloys, Composites), By Aircraft Type (Commercial Aircraft, Business and General Aviation, Civil Helicopters, Military), By Application (Aero Structure, Components, Cabin Interiors, Propulsion System, Equipment, System, and Support, Satellites, Construction and Insulation Components) – Market Size, Trends, And Global Forecast 2022-2026

Aerospace Foams Global Market Report 2022 – By Product (Polyurethane, Polyimide, Metal Foams, Melamine, Polyethylene, Other Products), By Application (Aircraft Seats, Aircraft Floor Carpets, Cabin Walls and Ceilings, Flight Deck Pads, Overhead Stow Bins, Other Applications), By End-Use (General Aviation, Commercial Aviation, Military Aircraft) – Market Size, Trends, And Global Forecast 2022-2026

Interested to know more about The Business Research Company?

The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally, it has strategy enablement specialists in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.

The World's Most Comprehensive Database

The Business Research Company's flagship product, Global Market Model, is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.

Contact Information

The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: [email protected]
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: http://blog.tbrc.info/