Global Aerospace Plastics Market Size Study, by Type by Aircraft Type by Application and Regional Forecasts 2022-2032

Description

The Global Aerospace Plastics Market, valued at approximately USD 10.43 billion in 2023, is anticipated to grow at a compound annual growth rate (CAGR) of 7.10% over the forecast period 2024-2032. Aerospace plastics, known for their lightweight, high-performance characteristics, and resistance to extreme temperatures, are increasingly becoming indispensable in modern aviation. These materials contribute to fuel efficiency, reduced maintenance costs, and enhanced durability, making them a critical component in the manufacturing of aircraft interiors, exteriors, and structural components.

The growing emphasis on fuel economy and sustainable aviation is driving demand for innovative materials like PEEK (Polyether Ether Ketone), which is widely used in critical aerospace applications. Polycarbonate and PMMA (Polymethyl Methacrylate) are favored for cabin windows and windshields, while ABS (Acrylonitrile Butadiene Styrene) finds application in interior components. Despite their advantages, the high cost of advanced aerospace plastics and challenges associated with their recycling pose barriers to market growth.

Asia Pacific is emerging as a key growth driver in the aerospace plastics market, fueled by the region's expanding aviation sector, particularly in countries like China and India. Increasing air travel demand and rising investments in indigenous aircraft manufacturing projects are bolstering market growth in this region. North America and Europe, housing leading aerospace manufacturers and innovators, continue to dominate the market. Advancements in aircraft design, coupled with stringent regulatory frameworks promoting sustainable materials, are further propelling growth across these regions.

Market players are engaging in strategic collaborations and investing in R&D to develop next-generation aerospace plastics that meet evolving industry requirements. Lightweight thermoplastics and composites, tailored for specific aerospace applications, are gaining traction. Moreover, the push towards integrating recyclable and environmentally friendly materials into the supply chain reflects the industry's commitment to sustainability.

Major market players included in this report are:

Solvay S.A.
SABIC
BASF SE
Victrex PLC
Evonik Industries AG
DuPont de Nemours, Inc.
Ensinger GmbH
Mitsubishi Chemical Corporation
Toray Industries, Inc.
Hexcel Corporation
Owens Corning
Teijin Limited
Arkema S.A.
RTP Company
Celanese Corporation

The detailed segments and sub-segments of the market are explained below:

By Type:

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

By Aircraft Type:

Commercial Aircraft
General & Business Aircraft
Military Aircraft
Rotary Aircraft

By Application:

Cabin Windows & Windshield
Cabin Lighting
Overhead Storage Bins

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe

Asia Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia Pacific

Latin America:

Brazil
Mexico

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical Year: 2022
Base Year: 2023
Forecast Period: 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years, from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Comprehensive insights into market dynamics, including drivers, challenges, and opportunities.
Competitive landscape analysis with profiles of major players and their strategies.
Analysis of emerging trends and technological advancements shaping the industry.

Chapter 1. Global Aerospace Plastics Market Executive Summary

1.1. Global Aerospace Plastics Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Type
  - 1.3.1.1. PEEK (Polyether Ether Ketone)
  - 1.3.1.2. PMMA (Polymethyl Methacrylate)
  - 1.3.1.3. PC (Polycarbonate)
  - 1.3.1.4. PPS (Polyphenylene Sulfide)
  - 1.3.1.5. ABS (Acrylonitrile Butadiene Styrene)
- 1.3.2. By Aircraft Type
  - 1.3.2.1. Commercial Aircraft
  - 1.3.2.2. General & Business Aircraft
  - 1.3.2.3. Military Aircraft
  - 1.3.2.4. Rotary Aircraft
- 1.3.3. By Application
  - 1.3.3.1. Cabin Windows & Windshield
  - 1.3.3.2. Cabin Lighting
  - 1.3.3.3. Overhead Storage Bins
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Aerospace Plastics Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Aerospace Plastics Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Demand for Lightweight and High-Performance Materials
- 3.1.2. Growth in Commercial and Military Aviation Sectors
- 3.1.3. Advancements in Polymer Technologies
3.2. Market Challenges
- 3.2.1. High Cost of Advanced Aerospace Plastics
- 3.2.2. Challenges in Recycling and Sustainability
3.3. Market Opportunities
- 3.3.1. Expansion into Emerging Aviation Markets
- 3.3.2. Innovation in Recyclable and Eco-Friendly Plastics
- 3.3.3. Strategic Collaborations and Partnerships

Chapter 4. Global Aerospace Plastics Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Aerospace Plastics Market Size & Forecasts by Type 2022-2032

5.1. Segment Dashboard
5.2. Global Aerospace Plastics Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. PEEK (Polyether Ether Ketone)
- 5.2.2. PMMA (Polymethyl Methacrylate)
- 5.2.3. PC (Polycarbonate)
- 5.2.4. PPS (Polyphenylene Sulfide)
- 5.2.5. ABS (Acrylonitrile Butadiene Styrene)

Chapter 6. Global Aerospace Plastics Market Size & Forecasts by Aircraft Type 2022-2032

6.1. Segment Dashboard
6.2. Global Aerospace Plastics Market: Aircraft Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Commercial Aircraft
- 6.2.2. General & Business Aircraft
- 6.2.3. Military Aircraft
- 6.2.4. Rotary Aircraft

Chapter 7. Global Aerospace Plastics Market Size & Forecasts by Application 2022-2032

7.1. Segment Dashboard
7.2. Global Aerospace Plastics Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Cabin Windows & Windshield
- 7.2.2. Cabin Lighting
- 7.2.3. Overhead Storage Bins

Chapter 8. Global Aerospace Plastics Market Size & Forecasts by End-Use Industry 2022-2032

8.1. Segment Dashboard
8.2. Global Aerospace Plastics Market: End-Use Industry Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 8.2.1. Packaging
- 8.2.2. Automotive

Chapter 9. Global Aerospace Plastics Market Size & Forecasts by Region 2022-2032

9.1. North America Aerospace Plastics Market
- 9.1.1. U.S. Aerospace Plastics Market
  - 9.1.1.1. Application Breakdown Size & Forecasts, 2022-2032
  - 9.1.1.2. End-Use Industry Breakdown Size & Forecasts, 2022-2032
- 9.1.2. Canada Aerospace Plastics Market
9.2. Europe Aerospace Plastics Market
- 9.2.1. UK Aerospace Plastics Market
- 9.2.2. Germany Aerospace Plastics Market
- 9.2.3. France Aerospace Plastics Market
- 9.2.4. Spain Aerospace Plastics Market
- 9.2.5. Italy Aerospace Plastics Market
- 9.2.6. Rest of Europe Aerospace Plastics Market
9.3. Asia-Pacific Aerospace Plastics Market
- 9.3.1. China Aerospace Plastics Market
- 9.3.2. India Aerospace Plastics Market
- 9.3.3. Japan Aerospace Plastics Market
- 9.3.4. Australia Aerospace Plastics Market
- 9.3.5. South Korea Aerospace Plastics Market
- 9.3.6. Rest of Asia Pacific Aerospace Plastics Market
9.4. Latin America Aerospace Plastics Market
- 9.4.1. Brazil Aerospace Plastics Market
- 9.4.2. Mexico Aerospace Plastics Market
- 9.4.3. Rest of Latin America Aerospace Plastics Market
9.5. Middle East & Africa Aerospace Plastics Market
- 9.5.1. Saudi Arabia Aerospace Plastics Market
- 9.5.2. South Africa Aerospace Plastics Market
- 9.5.3. Rest of Middle East & Africa Aerospace Plastics Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
- 10.1.1. Solvay S.A.
- 10.1.2. SABIC
- 10.1.3. BASF SE
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Solvay S.A.
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Market Strategies
- 10.3.2. SABIC
- 10.3.3. BASF SE
- 10.3.4. Victrex PLC
- 10.3.5. Evonik Industries AG
- 10.3.6. DuPont de Nemours, Inc.
- 10.3.7. Ensinger GmbH
- 10.3.8. Mitsubishi Chemical Corporation
- 10.3.9. Toray Industries, Inc.
- 10.3.10. Hexcel Corporation

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes