Aerospace Plastics Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented By Resin Type (Polyurethane, Epoxy and Others), By Technology (Water Based Coatings, Solvent Based Coatings, Powder Coating, Others), By User Type (Original Equipment Manufacturer and Maintenance, Repair & Overhaul), By End-use Industry (Commercial Aviation, Military Aviation, General A
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationAerospace Plastics Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented By Resin Type (Polyurethane, Epoxy and Others), By Technology (Water Based Coatings, Solvent Based Coatings, Powder Coating, Others), By User Type (Original Equipment Manufacturer and Maintenance, Repair & Overhaul), By End-use Industry (Commercial Aviation, Military Aviation, General A
In the Consumer Electronics market, volume is expected to amount to 4,700 million units by 2027.
Over the next few years, the aerospace plastics market is anticipated to be driven by the rising demand for plastics in various aerospace applications, including cabin interiors, structural elements, electrical electronics and control panels, windows, windshields, and canopies. Performance and economy are directly impacted by overall airplane weight reduction. Additionally, it is predicted that a commercial airplane's lifetime fuel running costs will be eliminated with a weight decrease of 1 kilogram (kg). Plastics are employed in place of aluminum and steel parts because they are lightweight and highly durable, increasing their proportion in the overall structure of an airplane.
The United States is regarded as the market leader in the aerospace sector worldwide, according to the International Trade Administration of the U.S. Department of Commerce. The nation is home to several aircraft producers, including Boeing, Lockheed Martin Corporation, Gulfstream Aerospace Corporation, and Airbus Helicopters, Inc., which has helped the aerospace industry flourish there. The Federal Aviation Administration has been mandated by the Continuous Lower Energy, Emissions and Noise (CLEEN) Program, to take actions to reduce noise and aviation emissions and increase fuel efficiency by 20%.
Growing Demand of Modernization and Expansion of Fleet Facility
Aerospace Plastics producers are expected to benefit from rising aircraft production and sales, particularly in developing nations.
Download Free Sample Report Growing Demand of Urbanization’s and Luxurious Facility
For instance, the United Nations Department of Economic and Social Affairs projects that by 2050, 2.5 billion people, or 68% of the world's population, will reside in urban regions.
Recent Developments
·
Market Segmentation
Global Aerospace Plastics market is segmented by polymer type, by aircraft type, and
Market players
Evonik Industries AG, Victrex plc, Quadrant Engineering Plastics, Saudi Basic Industries Corporation, Vantage Plane Plastics, Toray Industries, Inc., International Aerospace Plastics Holdings LP, Solvay SA, Drake Plastics, and BASF SE are some of the key market players.
|
Attribute |
Details |
|
Base
Year |
2022 |
|
Historic
Data |
2018 –
2021 |
|
Estimated
Year |
2023 |
|
Forecast
Period |
2024 – 2028 |
|
Quantitative
Units |
Revenue in USD Million, Volume in metric tons, and CAGR for 2018-2022
and 2023-2028 |
|
Report
Coverage |
Revenue
forecast, Volume Forecast, company share, competitive landscape, growth
factors, and trends |
|
Segments
Covered |
Polymer Type Aircraft Type Application |
|
Regional
scope |
North
America; Europe; Asia Pacific; South America; Middle East & Africa |
|
Country
scope |
United States, Canada, Mexico; China, India, Japan, South
Korea, Australia; Germany, France, United Kingdom, Italy, Spain; Brazil, South
Africa, UAE, Saudi Arabia, Turkey, and Egypt. |
|
Key
companies profiled |
Evonik
Industries AG, Victrex plc, Quadrant Engineering Plastics, Saudi Basic
Industries Corporation, Vantage Plane Plastics, Toray Industries, Inc.,
International Aerospace Plastics Holdings LP, Solvay SA, Drake Plastics, and
BASF SE |
|
Customization
scope |
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope. |
|
Pricing
and purchase options |
Avail
customized purchase options to meet your exact research needs. Explore purchase options |
|
Delivery
Format |
PDF and Excel through
Email (We can also provide the editable version of the report in PPT/Word
format on special request) |
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