Global Aerospace Plastics Market Report 2022: A $870 Million Market by 2027

DUBLIN, Sept. 6, 2022 /PRNewswire/ — The “Aerospace Plastics Global Market Report 2022” report has been added to ResearchAndMarkets.com’s providing.

The international aerospace plastics market is predicted to develop from $0.67 billion in 2021 to $0.71 billion in 2022 at a compound annual development price (CAGR) of 4.7%. The aerospace plastics market is predicted to develop to $0.87 billion in 2026 at a CAGR of 5.4%.

The aerospace plastics market consists of gross sales of aerospace plastics by entities (organizations, sole merchants, partnerships) that present sturdiness, chemical, and fireplace resistance required for plane components and interiors. Aerospace plastics are long-lasting and require much less upkeep than different supplies. These are light-weight, present the identical power as metals, don’t rust, and are straightforward to manufacture.

The primary polymer sorts in aerospace plastics are PEEK, PMMA, PC, PPS, and ABS. PMMA is used instead for glass to fabricate home windows and is extensively used within the aerospace business in manufacturing the canopies of plane. The numerous purposes embrace plane frames, parts, cabin interiors, wings and rotor blades, and others which can be used by numerous end-users akin to industrial plane, army plane, rotary plane, and common aviation.

North America was the most important area within the aerospace plastics market in 2021. Asia Pacific is predicted to be the fastest-growing area within the forecast interval. The areas lined within the aerospace plastics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The aerospace plastics market analysis report supplies aerospace plastics market statistics, together with aerospace plastics business international market dimension, regional shares, opponents with a aerospace plastics market share, detailed aerospace plastics market segments, market developments and alternatives, and any additional information chances are you’ll must thrive within the aerospace plastics business. This aerospace plastics market analysis report delivers a whole perspective of every little thing you want, with an in-depth evaluation of the present and future state of affairs of the business.

The rising fleet dimension of business plane is considerably contributing to the expansion of the aerospace plastics market. The plane fleet is called the variety of airplanes operated by the respective airline. Increasing fleet dimension requires new plane components to be put in and the substitute of the outdated components, thereby selling the expansion of aerospace plastics used within the manufacturing of plane components.

For occasion, in accordance with Boeing, a US-based aerospace firm’s industrial market outlook for 2021-2040, the worldwide industrial fleet will exceed 49,000 airplanes by 2040. Therefore, the rising fleet dimension of business plane is driving the aerospace plastics market.

Product improvements are shaping the aerospace plastics market. The main gamers out there are creating revolutionary merchandise within the aerospace plastics market to guide the market. For occasion, in September 2020, Hexcel, a US-based composite supplies and buildings firm launched HexPEKK EM, a brand new polymer-based composite for 3D printing of aerospace components. It is an electrically-conductive carbon fiber composite built-in with EM properties akin to electromagnetic shielding, static electrical energy administration, and radiation absorption for superior plane purposes.

In March 2021, Composites One, a US-based composite supplies and technical options firm acquired the method supplies business from Solvay for an undisclosed quantity. Through this acquisition, Composites One will add manufacturing and gross sales capabilities at worldwide areas together with USA, UK, Italy, and France in specialised supplies. This acquired business is rebranded as Aerovac. Solvay is a Belgium-based firm that operates in thermoplastic supplies for aerospace.

The international locations lined within the aerospace plastics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Major gamers within the aerospace plastics market are 

• SABIC
• BASF SE
• Solvay
• DuPont
• Victrex Plc
• Evonik Industries AG
• Saint-Gobain Performance Plastics
• Drake Plastics
• PACO Plastics & Engineering Inc.
• Mitsubishi Chemical Advanced Materials
• Rochling
• 3P Performance Plastics Products
• Grafix Plastics
• HITCO Carbon Composites Inc.
• Tech-Tool Plastics
• Hexcel Corporation

Key Topics Covered:

1. Executive Summary

2. Aerospace Plastics Market Characteristics

3. Aerospace Plastics Market Trends And Strategies

4. Impact Of COVID-19 On Aerospace Plastics

5. Aerospace Plastics Market Size And Growth
5.1. Global Aerospace Plastics Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Aerospace Plastics Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market

6. Aerospace Plastics Market Segmentation
6.1. Global Aerospace Plastics Market, Segmentation By Polymer Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

• Polyether Ether Ketone (PEEK)
• Polymethyl Methacrylate (PMMA)
• Polycarbonates (PC)
• Polyphenylene Sulfide (PPS)
• Acrylonitrile Butadiene Styrene (ABS)

6.2. Global Aerospace Plastics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

• Aircraft Frame
• Components
• Cabin Interiors
• Wings And Rotor Blades
• Other Applications

6.3. Global Aerospace Plastics Market, Segmentation By End-use, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

• Commercial Aircraft
• Military Aircraft
• Rotary Aircrafts
• General Aviation

7. Aerospace Plastics Market Regional And Country Analysis
7.1. Global Aerospace Plastics Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Aerospace Plastics Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

For extra details about this report go to https://www.researchandmarkets.com/r/5yqg3l

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