Aerospace Plastics Market Introduction:

Aerospace Plastics Market is foreseen to value over USD 22 billion by 2027 end and grow at a CAGR of over 6.1% during the forecast period 2020 to 2027. 
Aircraft manufacturing has witnessed rapid developments in research and component manufacturing using advanced polymers is one such major research. There are numerous advantages of using plastic as an alternative to aluminium and steel for manufacturing aircraft, plastic has a high modulus of elasticity which helps it to be used for making components like airframe, fuselage, etc. It is also corrosive resistant unlike steel or aluminium which increases the longevity of aircraft which increase its demand even more resulting in the positive growth of the aerospace plastics market globally.

Based on region, the global aerospace plastics market is segmented into North America, Europe, Asia Pacific, Middle East and rest of the World. North America, due to its rapid adoption of advanced manufacturing technologies, is expected to dominate the market during the forecast period. 
On the basis of the type of aircraft, the market is segmented into commercial, military, rotary and general & business aircraft. Commercial aircraft have the maximum component production among the aircraft types and due to a rise in the number of passengers for aircraft travel, it is going to get even higher resulting into a higher market growth rate during the forecast period. 
Depending on the type of application, the aerospace plastics market is segmented into aircraft frame, aircraft canopy, cabin lighting, overhead storage bins and cabin windows & windshields. Aircraft frame requires the maximum amount of carbon fiber material for increasing its durability and corrosion resistance which has increased the demand of aircraft frame production using reinforced carbon fiber and this has resulted in positive market growth and is expected to stay growing consistently during the forecast period. 

Material wise, the market is divided into polymethyl methacrylate, polycarbonate, polyetheretherketone and polyphenyl sulphide.
Aerospace Plastics Market Segmentation:
By Region
•    North America
•    Europe
•    Asia Pacific
•    Middle East
•    Rest of the World

By Aircraft 

  • Commercial
  • Regional jets
  • Single Aisle Aircraft
  • Wide Body Aircraft
  • Military
  • Rotary
  • General and Business

By Application

  • Aircraft Frame
  • Side Frame
  • FrameFloor
  • Ceiling Frame
  • Aircraft Canopy
  • Cabin Lighting
  • Overhead Storage Bins
  • Translating Bin
  • Pivot Bin
  • Shelf Bin
  • Cabin Windows and Windshields

By Material
•    Polymethyl Methacrylate
•    Polycarbonate
•    Polyetheretherketone
•    Polyphenyl Sulphide
•    Acrylonitrile Butadiene Styrene 

Competitive Landscape:
•    SABIC
•    Victrex
•    Drake Plastics Ltd.
•    Solvay
•    BASF SE
•    Evonik

FutureWise Key Takeaways:
•    Growth prospects
•    SWOT analysis 
•    Key trends 
•    Key data-points affecting market growth 

Objectives of the Study:
•    To provide with an exhaustive analysis on the global aerospace plastics market by region, by aircraft, by application, by material
•    To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
•    To evaluate and forecast micro-markets and the overall market 
•    To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Middle East and rest of the world
•    To record evaluate and competitive landscape mapping- product launches


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What you get

  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included

  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics