Title: Aerospace Plastics Market worth size USD 10 Billion by Forecast up to 2024
1Aerospace Plastics Market Report, By Type,
Application And Geography Global Market Share,
Trend Analysis And Forecast Up To 2024
- Published By
- Axiom Market Research Consulting
- Corporate License(4200)
Single User License(3700)
Copyright 2018 Axiom MRC
2Aerospace Plastics Market Report, By Type,
Application And Geography Global Market Share,
Trend Analysis And Forecast Up To 2024
- The global Aerospace Plastic Market was valued at
around USD 9.50 billion in 2017 and is expected
to expand at a between CAGR of 9.5 to 10.5 from
2019 to 2024. - Technical plastics have contributed to wide range
of applications more efficient and competitive in
various industrial areas. High demand is reported
for materials from the aerospace industry.
Impressive properties of high performance
plastics which include fire behavior and low
weight among others have attracted various
end-user industries worldwide. Aerospace plastics
have led to improved safety, fuel saving, cost
reduction and improved passenger comfort. These
benefits have led to high usage of high
performance plastics in the aerospace industry.
High performance plastics finds applications in
the aircraft for wings and rotor blades, flight
deck and cockpit, empennage, airframe and
fuselage, cabin areas and other parts. General
aviation, military aircraft, commercial and
freighter aircrafts among others are the major
end-users of aerospace plastics.
Copyright 2018 Axiom MRC
3Aerospace Plastics Market Report, By Type,
Application And Geography Global Market Share,
Trend Analysis And Forecast Up To 2024
Browse full report here _at_ https//axiommrc.com/req
uest-for-sample/?report1416 Lightweight
plastics are expected to provide many benefits,
some of which include, reduced fuel consumption,
corrosion resistant and improved safety. These
factors are the attractive factors leading to
growth of global aerospace plastics market.
Increasing defence budget along with regulatory
support for aviation industry development due to
growth in freight air carriers are also
anticipated to favour demand for aerospace
plastics in the market. On contrary, stringent
regulations together with environmental effect of
petro-based products are anticipated to affect
the prices of aerospace plastics. Hence, carbon
fiber usage in the aviation industry may hamper
the raw material availability, thereby hampering
the growth of global aerospace plastics market.
Copyright 2018 Axiom MRC
4Aerospace Plastics Market Report, By Type,
Application And Geography Global Market Share,
Trend Analysis And Forecast Up To 2024
- Get more details about this Report _at_
http//axiommrc.com/speak-to-analyst?report1416 -
- Among various applications, airframe and fuselage
application accounted for major share in the
global aerospace plastics market in 2017 and this
segment is further expected to remain dominant in
the near future expanding at a CAGR of more than
9.6 from 2019 to 2024. Other application
segments are also expected to showcase
significant growth thereby boost the demand for
aerospace plastics over the forecast period from
2019 to 2024. -
- Scope Analysis of the Report Based on
Geography - Europe accounted for the largest market share in
the global aerospace plastics market and is
further anticipated to maintain its leading
position. Increasing aircraft engineering
institutions and growing plastic industries in
the region are the major factors promoting growth
of global aerospace plastics market. Asia Pacific
followed Europe in terms of market size due to
high demand for commercial and military aircrafts
in India and China.
Copyright 2018 Axiom MRC
5Aerospace Plastics Market Report, By Type,
Application And Geography Global Market Share,
Trend Analysis And Forecast Up To 2024
- Buy this report _at_ https//axiommrc.com/buy-now/?
-
- Leading Players of Global Aerospace Plastics
Market - Hexcel, Toray, Mitsubishi, HITCO, Cytec
Industries and Toho Tenax having strong hold on
the global market. Some of the key manufacturers
of aerospace plastics in the global market
include Composite Holding Comp, Hyosung Corp,
Ensinger, Premium Aerotec Zoltek, Kaman Corp,
Tech-Tool Plastics, Saudi Basic Industries, SGL
Carbon SE, BASF, Evonik Industries AG, Solvay and
Holding Company Composite among others. - Market Segment Based on Type Applications, can
be divided into - By Applications
- Airframe fuselage
- Empennage
- Cabin areas
- Flight
- Cockpit
Copyright 2018 Axiom MRC
6Aerospace Plastics Market Report, By Type,
Application And Geography Global Market Share,
Trend Analysis And Forecast Up To 2024
- By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
- By End-User
- Rotary aircrafts
- Commercial and freighter aircrafts
- Military aircrafts
- General aviation
Copyright 2018 Axiom MRC
7Aerospace Plastics Market Report, By Type,
Application And Geography Global Market Share,
Trend Analysis And Forecast Up To 2024
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