Aerospace Plastics Market worth $20.7 billion by 2023
Transportation News and Press release service

Home > Transportation News
  • Aerospace News
  • Air Services News
  • Airlines News
  • Auto Dealership
  • Auto Manufacturers
  • Auto Parts News
  • Railroad News
  • Shipping News

    Watch Transportation News Video


  • Aerospace Plastics Market worth $20.7 billion by 2023

    (Transportation-News.com, January 11, 2022 ) The report "Aerospace Plastics Market by Polymer Type (PEEK, PMMA, PC, PPS, ABS), Aircraft Type (Commerical, General & Business, Military, Rotary), Application (Cabin Windows & windshield, Cabin Lighting, Overhead Storage Bins), and Region - Global Forecast to 2023" The aerospace plastics market is projected to grow from USD 14.7 billion in 2018 to USD 20.7 billion by 2023 at a CAGR of 7.1% from 2018 to 2023. The growth of the aerospace plastics market can be attributed to the increasing demand for lightweight and more efficient aircraft, increasing passenger transportation due to affordable carriers in emerging regions, replacement of old aircraft and modernization of existing aircrafts, and growth of the aviation industry in developing economies.

    Among polymer type, PMMA is estimated to account for the largest share of the aerospace plastics market in 2018.

    The PMMA segment is estimated to account for the largest share of the aerospace plastics market in 2018. PMMA is used as an alternative to glass for manufacturing airplane windows, which is the largest application segment in the global market.

    Download PDF: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=209395426

    Among aircraft type, commercial aircraft are estimated to account for the largest share of the aerospace plastics market in 2018.

    The commercial aircraft segment is estimated to account for the largest share of the aerospace plastics market in 2018. New airplane deliveries in the commercial aircraft segment are expected to create high demand for aerospace plastics due to the rising fuel costs that have led to the demand for lightweight and fuel-efficient aircraft.

    Among applications, cabin windshields & windows are estimated to account for the largest share of the aerospace plastics market in 2018.

    The cabin windows & windshields segment is estimated to account for the largest share of the aerospace plastics market in 2018. Cabin windows help in equalizing the cabin pressure with the outside atmospheric pressure that is exerted during a flight.

    Sample Request: https://www.marketsandmarkets.com/requestsampleNew.asp?id=209395426

    North America is expected to be the largest market for aerospace plastics in 2018.

    The North American region is estimated to account for the largest share of the aerospace plastics market in 2018. The presence of leading aircraft manufacturers in the region, along with high demand for lightweight aircraft across the globe, has resulted in high demand for aerospace plastics in the region.

    Some of the leading players operating in the aerospace plastics market include SABIC (Saudi Arabia), Victrex (UK), Drake Plastics Ltd. (US), Solvay (Belgium), BASF SE (Germany), and Evonik (Germany).

    Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=209395426


    MarketsandMarkets™

    Mr. Aashish Mehra

    1-888-600-6441

    raviraj.tak@marketsandmarkets.com

    Source: EmailWire.Com

    Source: EmailWire.com

    Transportation Resources

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2007 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    EuropeNewswire.net - Newswire and Press Release service of GroupWeb Media LLC