Aerospace Plastics Market 2018 | Boosting CAGR +9.63% | Top Most Players | Hyosung Corp, Mitsubishi Heavy Industries, Kaman Corp, Hexcel, Composite Holding Comp

Competitive Insights:

The global Aerospace Plastics Market Is extensively competitive and is divided into manufactures that operate in the international market as well as the local market. The market was dominated by Toray industries as it provided products and materials to the leading manufacturers such as Boeing and Airbus. Major companies in the industry are Hyosung Corp, Mitsubishi Heavy Industries, Kaman Corp, Hexcel, Composite Holding Comp, Cytec Industries and HITCO Carbon Composites.

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Aerospace Plastics Market – Industry Highlights

The global Aerospace Plastics Market was worth USD 11.34 million in the year 2016, and is expected to garner around USD 25.94 billion by 2025, while registering itself at a compound annual growth rate (CAGR) of 9.63% during the forecast period. The growing requirement for plastic in various applications of aerospace that includes empennage, cabin interiors, fuselage and airframe is anticipated to boost the market in the consecutive years. The performance and the efficacy of airplanes in directly influence by the reduction of its weight. Additionally, with the contraction of a kilogram in the weight of the airplane is anticipated to revoke costs of operating related to fuel for a commercial airplane.

Application Outlook and Trend Analysis

The frames of the aircraft consist of the maximum quantity of carbon fiber reinforced plastic and composites that decrease the weight of the airplane by 20 percent. In addition, the extensive utilization of plastics and composites in a high-tension loaded surrounding of fuselage decreases the contractions by making the use of integral clips and fasteners. Supplies, equipment and systems registered the second largest volume of share for the interiors of the cabin. Aerospace plastics provide excellent resistance to chemicals, are lightweight and anti-corrosive and are an excellent alternative to traditional materials like steel and aluminum. One of the prime benefits offered by polymers is that they can be massed into huge structures by bonding instead of riveting. Aerostructure is the most imperative component of the airplane as it develops the basis for the size and shape of the airplane. The utilization of polymers has been extensive by PEEK and POM in this application due to its excellent heat resistance, corrosion and durability. Along with the rising requirement of general aviation and commercial aviation, the requirement of these polymers is anticipated to rise substantially resulting in excellent growth of the global aerospace plastic market.

End-use Outlook and Trend Analysis

The prime end use segment has been the commercial aircrafts for aerospace plastics due to the advent of numerous service providers in the industry of air transport. The segment of Military aircraft is also gainful owing to increasing concerns related to defense and security. The major areas of application of plastics in the aerospace industry are the freight aircrafts and the large passenger aircrafts. The use of polymers in aircrafts supplements in decreasing the weight s well as the cost of operating that result in reduced issue related to maintenance. This has propelled the manufacturer of aircrafts to implement more plastic parts in freight and commercial aircrafts. The manufacturers of Military aircrafts have been utilizing plastic in order to decrease the overall weight of the airplane and enhance the efficiency of fuel. Aerospace plastics render great freedom for designing of complex parts of the airplane. This has led to a huge amount of utilization of aerospace plastics in the manufacturing of Military and commercial airplanes.

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Aerospace Plastics Market - By Region:

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
Rest of the World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)

Aerospace Plastics Market - List of Tables:

Table 1.Aerospace Plastics Market, By Application ($Million), 2016-2025
Table 2.Satellites Market, By Region ($Million), 2016-2025
Table 3.Equipment, systems & support Market, By Region ($Million), 2016-2025
Table 4.Propulsion systems Market, By Region ($Million), 2016-2025
Table 5.Aerostructure Market, By Region ($Million), 2016-2025
Table 6.Construction and insulation components Market, By Region ($Million), 2016-2025
Table 7.Cabin interiors Market, By Region ($Million), 2016-2025
Table 8.Components Market, By Region ($Million), 2016-2025
Table 9.Microphones & Microspeakers Market, By Region ($Million), 2016-2025
Table 10.Aerospace Plastics Market, By End User ($Million), 2016-2025
Table 11.General aviation Market, By Region ($Million), 2016-2025
Table 12.Commercial & freighter aircrafts Market, By Region ($Million), 2016-2025
Table 13.Rotary aircrafts Market, By Region ($Million), 2016-2025
Table 14.Military aircrafts Market, By Region ($Million), 2016-2025
Table 15.Others Market, By Region ($Million), 2016-2025
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List of Figures

Figure 1.Aerospace Plastics Market, By Application, 2016 & 2025 ($Million)
Figure 2.Aerospace Plastics Market, By End User, 2016 & 2025 ($Million)
Figure 3.Aerospace Plastics Market, By Region, 2016, ($Million)
Figure 4.Hyosung Corporation: Net Revenues, 2014-2016 ($Million)
Figure 5.Hyosung Corporation: Net Revenue Share, By Segment, 2016
Figure 6.Hyosung Corporation: Net Revenue Share, By Geography, 2016
Figure 7.KAMAN CORPORATION: Net Revenues, 2014-2016 ($Million)
Figure 8.KAMAN CORPORATION: Net Revenue Share, By Segment, 2016
Figure 9.KAMAN CORPORATION: Net Revenue Share, By Geography, 2016
Figure 10.MITSUBISHI HEAVY INDUSTRIES, LTD.: Net Revenues, 2014-2016 ($Million)
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Reason to Buy:

1) An extensive research study on the Global Aerospace Plastics Market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Aerospace Plastics Market.
2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.
3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
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