Title: Aerospace Plastics Market Size, Share, Trend, Forecast, & Industry Analysis
1Presents a Research Report on
Aerospace Plastics Market
The Aerospace Plastics Market is Segmented by
Platform Type (Commercial Aircraft, Regional
Aircraft, Military Aircraft, General Aviation,
Helicopters, and Others), by Polymer Type
(Polyether Ether Ketone (PEEK), Poly Methyl
Methacrylate (PMMA), Acrylonitrile Butadiene
Styrene (ABS), Polycarbonate (PC), Polyphenylene
Sulfide (PPS), and Others), by Application Type
(Aircraft Interiors, Airframe, Windows
Windshields, and Others), and by Region (North
America, Europe, Asia-Pacific, and Rest of the
World).
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2Aerospace Plastics Market Growth and Forecast
Highlights Drivers
- Aerospace Plastics Market is likely to witness a
healthy CAGR of 5.8 during the forecast period. - The prime factor contributing to the high growth
of aerospace plastics is mainly the organic
growth of the aerospace industry coupled with the
increasing demand for lightweight components in
the industry. - Aerospace plastics are polymers used in the
aerospace industry for various applications. - Owing to their lightweight, high strength, and
durability plastics are widely used in the
aerospace industry. - Aerospace plastics are widely used in tray
tables, arm rests, windows, canopies, air-return
grills, avionics instrument panels, bearings
bushings, - interior components, valve seats and seals, and
wire wrap insulation, and other applications of
the aircraft.
Aerospace Plastics Market - Snapshot Aerospace Plastics Market - Snapshot
Growth 5.8 for the next five year
Major Aircraft Type Commercial Aircraft
Dominant Application Type Aircraft Interiors
Region with the highest demand North America
Key Players SABIC, Victrex plc, Drake Plastics Ltd., Solvay S.A., BASF SE, Evonik Industries AG, DuPont de Nemours, Inc., Hexcel Corporation, Compagnie de Saint-Gobain S.A., and PPG Industries, Inc.
3Market Insights
- By Platform Type
- The market is segmented as commercial aircraft,
regional aircraft, military aircraft, general
aviation, helicopters, and others. - The commercial aircraft segment held the largest
share of the market in 2019, and is expected to
remain dominant during the forecast period. - Increasing commercial aircraft deliveries to
support rising passenger traffic, introduction of
fuel-efficient next-generation aircraft, and
rising commercial aircraft fleet size across
regions are the key factors propelling the demand
for plastics in the segment. - By Polymer Type
- The market is segmented as Polyether Ether Ketone
(PEEK), Poly Methyl Methacrylate (PMMA),
Acrylonitrile Butadiene Styrene (ABS),
Polycarbonate (PC), Polyphenylene Sulfide (PPS),
and Others. - The PPMA segment is expected to grow at the
highest CAGR in the market during the forecast
period, owing to its wider applications such as
aircraft canopies, cockpits, portholes,
windshields, and exterior lighting.
4Market Insights
- By Application Type
- The market is segmented as aircraft interiors,
airframe, windows windshields, and others. - Aircraft interiors was the major application of
the aerospace plastics market in 2019, and is
expected to remain dominant during the forecast
period as well. - Plastics are widely used in aircraft interior
applications such as ducts, cabin partitions,
floor panels, overhead luggage bins, avionics
sensor plates, electronic component mounting
brackets, and ventilation impeller blades. - By Region
- North America is expected to remain the dominant
region in the market in the coming five years as
the region is the manufacturing capital of the
aerospace industry with the presence of several
OEMs, tier players, distributors, and raw
material suppliers. - The USA will continue to propel the demand for
aircraft plastics in the region over the next
five years.
5Competitive Insights
Aerospace Plastics Market, regional expansion,
and execution of mergers acquisitions are the
key strategies adopted by the major players to
gain a competitive edge in the market. Key
Companies Analysed
- SABIC
- Victrex plc
- Drake Plastics Ltd.
- Solvay S.A.
- BASF SE
- Evonik Industries AG
- DuPont de Nemours, Inc.
- Hexcel Corporation
- Compagnie de Saint-Gobain S.A.
- PPG Industries, Inc.
6Research Methodology
Data Analysis Top Down and Bottom Up Approach)
Data Triangulation Data Evaluation and Multiple
Data Triangulation)
Final Deliverables Final Report with All Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
- Annual Reports / Fact Book
- Company Websites
- Magazines / Publications
- Press Releases Journals
- Industry News
- Association Articles
- Government Documents
- Social Media
- Others
- Robust database across value chain
- In-house industry veterans as advisors
- Project based subject matter experts
- Industry Players
- Industry Experts
- Suppliers
- Customers
- Associations
- Government Institutions
- Others
7Report Features
- This report provides market intelligence in the
most comprehensive way. The report structure has
been kept such that it offers maximum business
value. It provides critical insights on the
market dynamics and will enable strategic
decision making for the 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, Porters five forces analysis, SWOT
analysis. - Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics Market share,
product portfolio, product launches, etc. - Attractive market segments and associated growth
opportunities. - Emerging trends.
- Strategic growth opportunities for the existing
and new players. - Key success factors.
8Market Segmentation
- The aerospace plastics market is segmented into
the following categories. - Aerospace Plastics Market Size, Share,
Forecast, by Platform Type - Commercial Aircraft (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Regional Aircraft (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Military Aircraft (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - General Aviation (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Helicopters (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - Others (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - Aerospace Plastics Market Size, Share,
Forecast, by Polymer Type - PEEK (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - PMMA (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - ABS (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - PC (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - PPS (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - Others (Regional Analysis North America, Europe,
Asia-Pacific, and RoW)
9Market Segmentation
- Aerospace Plastics Market Size, Share,
Forecast, by Application Type - Aircraft Interiors (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Airframe (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - Windows Windshields (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Others (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - Aerospace Plastics 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 China, Japan,
India, and Rest of Asia-Pacific) - Rest of the World (Sub-Region Analysis Latin
America, the Middle East, and Others)
10About Stratview Research
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