Dublin, May 20, 2021 (GLOBE NEWSWIRE) -- The "Aerospace Plastics Market Size, Share & Analysis, By Type, By Plastic Type, By Aircraft Type, By Application And By Region, Forecast To 2028" report has been added to ResearchAndMarkets.com's offering.
Increasing adoption of light-weight aircrafts and preference for fuel-efficient material such as plastics for manufacturing aircraft components are key factors driving market growth.
Market Size - USD 16.90 Billion in 2020, Market Growth - CAGR of 6.3%, Market Trends - Rising number of air travelers, and increasing investments for fleet expansion with technologically advanced aircrafts.
The global aerospace plastics market size is expected to reach USD 27.74 Billion in 2028, and register a CAGR of 6.3% during the forecast period. Factors boosting growth of the global aerospace plastics market include need for increasing number of aircrafts in commercial as well as military sector. Primary factors include increasing spending on tours and trips, rapid globalization resulting in need to travel across countries and region for business purposes. However, high capital requirement for manufacturing plastics could hamper market growth to some extent.
Some Key Findings From the Report:
- Among the aircraft type segments, the commercial aircraft segment accounted for the largest revenue share of 70.8% in 2020, due to rising need for fleet expansion, requirement of lightweight materials for manufacturing fuel-efficient aircrafts
- Among the type segments, the line fit segment accounted for major revenue share in 2020, due to increasing aircraft deliveries across the globe
- North America market accounted for the largest revenue share in the global aerospace plastics market in 2020. This can be attributed to increasing demand for fuel-efficient aircrafts investments for component replacement in commercial and military aircrafts, well-developed aviation sector.
- Europe market accounted for considerably high share in terms of revenue in 2020, owing to well-developed aviation industry, availability of professionals and skilled workforce for development and designing complex aircraft structures.
- The Asia Pacific market size was USD 3,887.9 Million in 2020, due to growing aviation industry, presence of some major aircraft manufacturers, increasing number of air travelers, and adoption of plastics for manufacturing lightweight aircrafts.
- Key players profiled in the report include Tech-Tool Plastics Inc., HITCO Carbon Composites, Inc., Premium Aerotec, Toray Carbon Fibers America Inc., Mitsubishi Heavy Industries Limited, Toho Tenax Company Limited, Ensinger GmbH, Hexcel Corporation, SGL Carbon SE., Saudi Basic Industries Corporation, Hyosung Corporation, Kaman Corporation. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
Reasons to Buy the Report
- A robust analysis and estimation of the Aerospace Plastics Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of all the major players in the Aerospace Plastics Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Key Topics Covered:
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Aerospace Plastics Market Segmentation & Impact Analysis
4.1. Aerospace Plastics Market Plastic Type Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Rising demand for light weight airplane weight
4.2.2.2. Growing demand for plastics for several aerospace applications
4.2.3. Market restraints analysis
4.2.3.1. Less option for raw Plastic Types
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter's Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
Chapter 5. Aerospace Plastics Market By Type Insights & Trends
5.1. Type, Dynamics & Market Share, 2021 & 2028
5.2. Line Fit
5.2.1. Market estimates and forecast, 2018 -2028 (USD Billion) (Kilo Tons)
5.2.2. Market estimates and forecast, By Region, 2018 -2028 (USD Billion) (Kilo Tons)
5.3. Retrofit
5.3.1. Market estimates and forecast, 2018 -2028 (USD Billion) (Kilo Tons)
5.3.2. Market estimates and forecast, By Region, 2018 -2028 (USD Billion) (Kilo Tons)
Chapter 6. Aerospace Plastics Market By Plastic Type Insights & Trends
6.1. Plastic Type Dynamics & Market Share, 2021 & 2028
6.2. PMMA (Polymethyl Methacrylate)
6.2.1. Market estimates and forecast, 2018 -2028 (USD Billion) (Kilo Tons)
6.2.2. Market estimates and forecast, By Region, 2018 -2028 (USD Billion) (Kilo Tons)
6.3. PC (Polycarbonate)
6.3.1. Market estimates and forecast, 2018 -2028 (USD Billion) (Kilo Tons)
6.3.2. Market estimates and forecast, By Region, 2018 -2028 (USD Billion) (Kilo Tons)
6.4. ABS (Acrylonitrile Butadiene Styrene)
6.4.1. Market estimates and forecast, 2018 -2028 (USD Billion) (Kilo Tons)
6.4.2. Market estimates and forecast, By Region, 2018 -2028 (USD Billion) (Kilo Tons)
6.5. PEEK (Polyetheretherketone)
6.5.1. Market estimates and forecast, 2018 -2028 (USD Billion) (Kilo Tons)
6.5.2. Market estimates and forecast, By Region, 2018 -2028 (USD Billion) (Kilo Tons)
6.6. PPS (Polyphenyl Sulfide)
6.6.1. Market estimates and forecast, 2018 -2028 (USD Billion) (Kilo Tons)
6.6.2. Market estimates and forecast, By Region, 2018 -2028 (USD Billion) (Kilo Tons)
6.7. Others
6.7.1. Market estimates and forecast, 2018 -2028 (USD Billion) (Kilo Tons)
6.7.2. Market estimates and forecast, By Region, 2018 -2028 (USD Billion) (Kilo Tons)
Chapter 7. Aerospace Plastics Market By Application Insights & Trends
7.1. Application Dynamics & Market Share, 2021 & 2028
7.2. Aerostructure
7.2.1. Market estimates and forecast, 2018 -2028 (USD Billion) (Kilo Tons)
7.2.2. Market estimates and forecast, By Region, 2018 -2028 (USD Billion) (Kilo Tons)
7.3. Cabin Interiors
7.3.1. Market estimates and forecast, 2018 -2028 (USD Billion) (Kilo Tons)
7.3.2. Market estimates and forecast, By Region, 2018 -2028 (USD Billion) (Kilo Tons)
7.4. Components
7.4.1. Market estimates and forecast, 2018 -2028 (USD Billion) (Kilo Tons)
7.4.2. Market estimates and forecast, By Region, 2018 -2028 (USD Billion) (Kilo Tons)
7.5. Equipment
7.5.1. Market estimates and forecast, 2018 -2028 (USD Billion) (Kilo Tons)
7.5.2. Market estimates and forecast, By Region, 2018 -2028 (USD Billion) (Kilo Tons)
7.6. Others
7.6.1. Market estimates and forecast, 2018 -2028 (USD Billion) (Kilo Tons)
7.6.2. Market estimates and forecast, By Region, 2018 -2028 (USD Billion) (Kilo Tons)
Chapter 8. Aerospace Plastics Market By Aircraft Type Insights & Trends
8.1. Aircraft Type Dynamics & Market Share, 2021 & 2028
8.2. Commercial Aircrafts
8.2.1. Market estimates and forecast, 2018 -2028 (USD Billion) (Kilo Tons)
8.2.2. Market estimates and forecast, By Region, 2018 -2028 (USD Billion) (Kilo Tons)
8.3. General & Business Aircrafts
8.3.1. Market estimates and forecast, 2018 -2028 (USD Billion) (Kilo Tons)
8.3.2. Market estimates and forecast, By Region, 2018 -2028 (USD Billion) (Kilo Tons)
8.4. Military Aircrafts
8.4.1. Market estimates and forecast, 2018 -2028 (USD Billion) (Kilo Tons)
8.4.2. Market estimates and forecast, By Region, 2018 -2028 (USD Billion) (Kilo Tons)
8.5. Rotary Aircrafts
8.5.1. Market estimates and forecast, 2018 -2028 (USD Billion) (Kilo Tons)
8.5.2. Market estimates and forecast, By Region, 2018 -2028 (USD Billion) (Kilo Tons)
8.6. Others
8.6.1. Market estimates and forecast, 2018 -2028 (USD Billion) (Kilo Tons)
8.6.2. Market estimates and forecast, By Region, 2018 -2028 (USD Billion) (Kilo Tons)
Chapter 9. Aerospace Plastics Market By Regional Outlook
9.1. Aerospace Plastics Market share By Region, 2021 & 2028
9.2. North America
9.3. Europe
9.4. Asia-Pacific
9.5. Middle East and Africa
9.6. Latin America
Chapter 10. Competitive Landscape
10.1. Market Revenue Share By Manufacturers
10.2. Manufacturing Cost Breakdown Analysis
10.3. Mergers & Acquisitions
10.4. Market positioning
10.5. Strategy Benchmarking
10.6. Vendor Landscape
Chapter 11. Company Profiles
11.1. Tech-Tool Plastics Inc.
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Technology Insights
11.1.4. Strategic Initiatives
11.2. Premium Aerotec
11.2.1. Company Overview
11.2.2. Financial Performance
11.2.3. Technology Insights
11.2.4. Strategic Initiatives
11.3. HITCO Carbon Composites, Inc.
11.3.1. Company Overview
11.3.2. Financial Performance
11.3.3. Technology Insights
11.3.4. Strategic Initiatives
11.4. Mitsubishi Heavy Industries Limited
11.4.1. Company Overview
11.4.2. Financial Performance
11.4.3. Technology Insights
11.4.4. Strategic Initiatives
11.5. Toray Carbon Fibers America Inc.
11.5.1. Company Overview
11.5.2. Financial Performance
11.5.3. Technology Insights
11.5.4. Strategic Initiatives
11.6. Toho Tenax Company Limited
11.6.1. Company Overview
11.6.2. Financial Performance
11.6.3. Technology Insights
11.6.4. Strategic Initiatives
11.7. Saudi Basic Industries Corporation
11.7.1. Company Overview
11.7.2. Financial Performance
11.7.3. Technology Insights
11.7.4. Strategic Initiatives
11.8. Hexcel Corporation
11.8.1. Company Overview
11.8.2. Financial Performance
11.8.3. Technology Insights
11.8.4. Strategic Initiatives
11.9. Zoltek Companies Inc.
11.9.1. Company Overview
11.9.2. Financial Performance
11.9.3. Technology Insights
11.9.4. Strategic Initiatives
11.10. SGL Carbon SE
11.10.1. Company Overview
11.10.2. Financial Performance
11.10.3. Technology Insights
11.10.4. Strategic Initiatives
For more information about this report visit https://www.researchandmarkets.com/r/hygm09