Press release
What's Driving the Aerospace Plastics Market Growth? AIP, BASF Corporation, Ensinger Plastics, EPTAM Precision Plastics, Mitsubishi Chemical Advanced Materials, Performance Plastics Ltd, Polyfluor Plastics BV., SABIC, Saint Gobain, Solvay, Superior Plasti
A major factor that would augment aerospace plastics market outlook from windows and windshields applications is the increasing number of MRO activities, in tandem with the rising demand for the replacement of ageing aircraft components with enhanced plastic material. As major industry contenders strive to introduce lightweight, high-performance windows and windshields for aircrafts, aerospace plastics industry share will depict a commendable rise over the forecast period.Aerospace plastics are massively deployed in cabin interiors, airframes, windows & windshields, and propulsion systems, owing to their convenience and efficiency. Of these, window & windshields applications are rather commonplace. Indeed, the segment accounted for a substantial proportion of aerospace plastics market share in 2018, primarily on account of the extensive deployment of durable and chemical resistant plastic material, that helps to prevent glass layers in windows from shattering.
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As far as windshields are considered, when manufactured with durable plastics, they offer reduced reflectivity and also help passengers regulate light as well as heat transmission flow to the aircraft interiors, which would majorly propel aerospace plastics market trends from windows and windshields.
Manufacturing of military aircrafts and rotary aircrafts contribute to the growth momentum of aerospace plastics market. Military aircrafts demands for light weight aircrafts as the U.S. soldiers carry loads of protective gear and equipment that can weigh anywhere from 45 to 130 pounds with limited fuel on board. Earlier, metals were the preferred choice for military aircraft.
However, metals have lost their prominence to plastics as they invariably contributed to the aircraft weight. Now, injection-molded plastic parts made from advanced materials are rapidly replacing metals in military applications.
Plastics also help increase stealth in aircrafts as they are light weight. The matte finish of the plastic surface reduces glare to a camouflage pattern, making it an ideal component in military aircraft applications. Plastics also help reduce painting and coating costs as any color can be virtually created over the surface while production. Many innovations are still awaited to benefit the aircraft manufacturing which are likely to propel aerospace plastics market growth.
Apart from injection-molded plastic, there are various other plastics available in the market which can be used as per the requirement. For instance, the carbon-reinforced plastic composite available in market is being used for manufacturing A350 XWB of Airbus. More than 50 percent of A350 XWB is manufactured from this composite to make the aircraft fuel efficient. Likewise, Boeing 787 is also made up of nearly 50 percent composite. Not only Boeing and Airbus, but also BAE Systems, Bombardier, GE Aviation, Lockheed Martin and Raytheon use composite to manufacture lighter and fuel-efficient aircrafts. Aircraft companies are putting their best efforts to build high performance and unbeatable aircrafts - a factor that is elevating the revenue graph of the aerospace plastics market.
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The flexibility and customizable characteristics of plastics make them especially useful for demanding applications in the aerospace industry. Plastics can even be developed with specific properties in mind, such as shock resistance, thermal resistance, high strength-to-weight ratio, chemical resistance, low smoke and toxicity, and flame retardant. Upcoming product advancements and increasing demand for lightweight and durable material in future aircraft manufacturing is likely to boost the aerospace plastics market size which is forecast to surpass USD 75 million by 2025.
Table of Contents (ToC) of the report:
Chapter 5. Aerospace Plastics Market, By Application
5.1. Global aerospace plastics industry share by application, 2018 & 2025
5.2. Cabin interiors
5.2.1. Global market estimates and forecasts, 2013 - 2025
5.2.2. Market estimates and forecast, by region, 2013 - 2025
5.3. Windows & windshields
5.3.1. Global market estimates and forecasts, 2013 - 2025
5.3.2. Market estimates and forecast, by region, 2013 - 2025
5.4. Airframe
5.4.1. Global market estimates and forecasts, 2013 - 2025
5.4.2. Market estimates and forecast, by region, 2013 - 2025
5.5. Propulsion system
5.5.1. Global market estimates and forecasts, 2013 - 2025
5.5.2. Market estimates and forecast, by region, 2013 - 2025
Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/aerospace-plastics-market
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