Aerospace Plastics Market Trends and Analysis Report, 2024: Hexa Research

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Aerospace Plastics Market Share, Size, Analysis, Growth, Trends
and Forecasts, 2016 to 2024 | Hexa Research
" The global aerospace plastics market was valued at
approximately 57 kilotons in 2014 and it is projected to
grow at an approximate CAGR of over 10% over the forecast
period of 2016 to 2024."
The global Aerospace Plastics Market stood nearly 57 kilotons in 2014. It is estimated to grow at over 10
percent CAGR from 2016 to 2024 (forecast period). Regulatory policies coupled with robust fiscal aid should be
the key market propeller. The market will also be driven by usage in airplanes, alternatives for steel &
aluminium, and expansion in the aviation industry.
The aviation industry is likely to observe high growth across Middle Eastern nations; like Qatar, U.A.E., and
Saudi Arabia. Higher air traffic in defense & commercial sectors has contributed sales for the North American
market. Strict policies on petro-based products can hamper feedstock (high-grade plastics, etc.) availability.
Moreover, adoption of carbon fibers in other applications may limit the availability of raw materials. Airplane
manufacturers have begun employing a blend of thermoplastic & metal composites to lower fuel emissions and
ensure passenger convenience. The aerospace plastics market is fragmented by applications, polymers, endusers, and geographies.
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Applications comprise wings & rotor blades, airframe & fuselage, and cabin areas. Airframe & fuselage was the
biggest segment in 2013. Demand for aerospace plastics in wings & rotor blades surpassed 7, 900 tons in 2014.
‘Plastics adoption’ in wings makes the latter quite resistant to metal fatigue. Demand for cabin area
applications would grow at over 5 percent CAGR till 2024.
Polymers are polyether ketone ketone (PEKK), polyether ether ketone (PEEK), and polymethyl methacrylate
(PMMA). PEKK was nearly USD 74.5 million in 2014. It has high ‘glass transition temperature’ & ‘mechanical
load.’ PMMA generated around USD 168 million in 2014. It is used in flight decks & cockpits owing to its
lightweight features.
Aerospace plastics do not rust and can function better than other materials. This characteristic bodes well for
the aerospace plastics market and drives its incomes. End-users consist of military aircrafts, general aviation,
and commercial & freighter aircrafts. Commercial & freighter was the biggest segment in 2013. Military
aircrafts are likely to experience the fastest growth.
Geographical regions encompass Europe, Asia Pacific, North America, and rest of the world. Europe dominated
the global market in 2013. This region and Asia Pacific may be lucrative in the near future.
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Table of Content of Aerospace Plastics Market
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Table of Contents
Chapter 1 Methodology & Scope
1.1 Research Methodology
1.1.1 Initial data exploration
1.1.2 Statistical modeling and forecast
1.1.3 Industry insights and validation
1.2 List of Data Sources
Chapter 2 Executive Summary
2.1 Aerospace plastics market snapshot, 2016 - 2024
Chapter 3 Aerospace Plastics Industry Insights
3.1 Market segmentation
3.2 Market size and growth prospects
3.3 Aerospace plastics value chain analysis
3.4 Aerospace plastics market dynamics
3.4.1 Key growth drivers
3.4.2 Industry pitfalls & challenges
3.5 Key market growth opportunities
3.6 Aerospace plastics company market share analysis, 2016
3.7 Porter’s Analysis
3.8 PESTEL Analysis
Chapter 4 Aerospace Plastics Application Insights
4.1 Aerospace plastics volume share by application, 2016 & 2024
4.2 Airframe & Fuselage
4.2.1 Market estimates and forecast, 2016 - 2024
4.2.2 Market estimates and forecast, by region, 2016 - 2024
4.3 Wings and Rotor Blades
4.3.1 Market estimates and forecast, 2016 - 2024
4.3.2 Market estimates and forecast, by region, 2016 - 2024
4.4 Empennage
4.4.1 Market estimates and forecast, 2016 - 2024
4.4.2 Market estimates and forecast, by region, 2016 - 2024
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4.5 Flight Deck & Cockpit
4.5.1 Market estimates and forecast, 2016 - 2024
4.5.2 Market estimates and forecast, by region, 2016 - 2024
4.6 Cabin Areas
4.6.1 Market estimates and forecast, 2016 - 2024
4.6.2 Market estimates and forecast, by region, 2016 - 2024
4.7 Others
4.7.1 Market estimates and forecast, 2016 - 2024
4.7.2 Market estimates and forecast, by region, 2016 - 2024
Chapter 5 Aerospace Plastics End-Use Insights
5.1 Aerospace plastics volume share by end-use, 2016 & 2024
5.2 Commercial and Freighter Aircrafts
5.2.1 Market estimates and forecast, 2016 - 2024
5.2.2 Market estimates and forecast, by region, 2016 - 2024
5.3 Military Aircrafts
5.3.1 Market estimates and forecast, 2016 - 2024
5.3.2 Market estimates and forecast, by region, 2016 - 2024
5.4 Rotary Aircrafts
5.4.1 Market estimates and forecast, 2016 - 2024
5.4.2 Market estimates and forecast, by region, 2016 - 2024
5.5 General Aviation
5.5.1 Market estimates and forecast, 2016 - 2024
5.5.2 Market estimates and forecast, by region, 2016 - 2024
Chapter 6 Aerospace Plastics Regional Insights
6.1 Aerospace plastics market volume share by region, 2016 & 2024
6.2 North America
6.2.1 Market estimates and forecast, 2016 - 2024
6.2.2 Market estimates and forecast, by application, 2016 – 2024
6.2.3 Market estimates and forecast, by end-use, 2016 – 2024
6.3 Europe
6.3.1 Market estimates and forecast, 2016 - 2024
6.3.2 Market estimates and forecast, by application, 2016 – 2024
6.3.3 Market estimates and forecast, by end-use, 2016 – 2024
6.4 Asia Pacific
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6.4.1 Market estimates and forecast, 2016 - 2024
6.4.2 Market estimates and forecast, by application, 2016 – 2024
6.4.3 Market estimates and forecast, by end-use, 2016 – 2024
6.5 Central & South America (CSA)
6.5.1 Market estimates and forecast, 2016 - 2024
6.5.2 Market estimates and forecast, by application, 2016 – 2024
6.5.3 Market estimates and forecast, by end-use, 2016 – 2024
6.6 Middle East & Africa (MEA)
6.6.1 Market estimates and forecast, 2016 - 2024
6.6.2 Market estimates and forecast, by application, 2016 – 2024
6.6.3 Market estimates and forecast, by end-use, 2016 – 2024
Chapter 7 Competitive Insights
7.1 Hyosung Corporation
7.2 Kaman Aerospace Corporation
7.3 Mitsubishi Heavy Industries Ltd.
7.4 Premium Aerotec GmbH
7.5 Toho Tenax Co. Ltd.
7.6 Toray Carbon Fibers America Inc.
7.7 BASF SE
7.8 Evonik Industries AG
7.9 Holding Company Composite
7.10 Cytec Industries Inc.
7.11 Ensinger GmbH.
7.12 Hexcel Corporation.
7.13 HITCO Carbon Composites, Inc
7.14 Solvay S.A.
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The global aerospace plastics market was valued at approximately 57 kilotons in 2014 and it is projected to grow at an approximate CAGR of over 10% over the forecast period of 2016 to 2024