Title: Aerospace Plastics Market 2019 | Driving Factors, Industry Analysis, Investment Feasibility and Trends, Outlook -2023
1Aerospace Plastics Market Research Report -
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
2Aerospace Plastics Market Research Report-
Forecast to 2023
Aerospace Plastics Market - Overview
Aerospace plastics highly engineered polymers
used in manufacturing various parts and
components in the aerospace industry. The
important types of plastics used in an aerospace
industry are polycarbonates, acrylics,
acrylonitrile butadiene styrene (ABS), and
polyvinyl chloride (PVC). In the aerospace
industry the materials face various challenges
including the need for a material which can
handle extreme temperatures and are light in
weight. The aerospace plastics are specially
designed to successfully meet these challenges.
Additionally, these materials exhibit substantial
physical properties such as high temperature
resistance, high pressure withstand ability,
excellent stand up to the vibration, turbulence
and abrasion, better transparency for aircraft
roof and canopy, and excellent electrical
insulating properties. The major applications of
aerospace plastics are found in the
aerostructure, fuselage components, and various
interior components. The commercial aircrafts,
military aircrafts, and rotary aircrafts are the
major consumers of the product.
3Aerospace Plastics Market Research Report-
Forecast to 2023
Segmental Analysis
The Global Aerospace Plastics Market has been
segmented based on Application, End-Use and
Region. Based on Application, the Global
Aerospace Plastics Market has been segregated
into aerostructure, fuselage components, interior
components, support equipment, insulation,
propulsion system, and others. Based on End-Use,
the market has been categorized into commercial
aircrafts, military aircrafts, rotary aircrafts,
and general aviation, among others. The Global
Aerospace Plastics Market has been studied with
respect to five regionsAsia-Pacific, North
America, Europe, Latin America, and the Middle
East Africa. View Full Press Release _at_
https//www.marketresearchfuture.com/reports/aeros
pace-plastics-market-7239
4Aerospace Plastics Market Research Report-
Forecast to 2023
Regional Outlook
Based on Region, the Global Aerospace Plastics
Market has been segmented into Asia-Pacific,
North America, Europe, Latin America, and the
Middle East Africa. Asia-Pacific is projected
to grow at the highest CAGR during the review
period. China, Japan, South Korea, and India are
the major contributors to the growth of this
regional market. China and Japan are the largest
producer of the various Aerospace Plastics, not
only in this region but also in the world. This
is mainly attributed to the vast production
capacity and wide industrial sector in these
countries. India is set to grow at the highest
CAGR during the review period on account of the
rapid industrialization, technological
advancements, and increasing Aerospace Plastics
processing capacity in the country. The aerospace
industry in this region is rapidly growing due to
the huge investment by India and China in space
exploration. Indian Space Research Organization
(ISRO) has emerged as one of the worlds leading
commercial space agency. It offers cheaper and
efficient launching services which makes it more
competitive and most preferred by many countries.
India is earmarking greater percentage of its GDP
for space sciences and aspire to become the
leader in global space industry. The increasing
demand for the commercial aircrafts across the
globe is likely to benefit the existing in the
existing aerospace industry in North America and
Europe. US, Germany and France are the major
markets in these regions. The market in the
Middle East Africa is expected to grow at
healthy CAGR in the coming years. South Africa,
Turkey, Egypt, and Israel are expected to be the
major countries contributing to market growth in
the region.
5Aerospace Plastics Market Research Report-
Forecast to 2023
Major Players in this Research
- Aerospace Plastics Market Prominent Players
- Hyosung Corporation (South Korea)
- Mitsubishi Heavy Industries, Ltd. (Japan)
- Kaman Corporation (US)
- SABIC (Saudi Arabia)
- TORAY INDUSTRIES, INC. (Japan)
- BASF SE (Germany)
- Evonik Industries AG (Germany)
- Solvay S.A. (Belgium)
- Hexcel Corporation (US)
- Premium AEROTEC (Germany)
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