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What's Driving the Aerospace Plastics Market Trends? SABIC, Solvay, Superior Plastics Inc, Victrex, AIP, BASF Corporation, Ensinger Plastics, EPTAM Precision Plastics, Mitsubishi Chemical Advanced Materials, Performance Plastics Ltd

05-08-2020 08:24 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: DecResearch

Aerospace Plastics Market

Aerospace Plastics Market

Asia Pacific will account for a substantial proportion of aerospace plastics market share in the years to come. The growth can be primarily attributed to the surging demand for military and commercial aircraft. India and China will contribute significantly towards the regional growth. Europe aerospace plastics industry on the other hand, is also predicted to record a considerable growth rate over the coming timeframe, aided by France, Germany, and UK.

Increasing demand of light-weight materials in the aerospace sector has helped in fueling the aerospace plastics market share over the last few decades. Undoubtedly, there is unremitting growth in commercial air transport and military aircraft across the globe. Success of aerospace plastic industry is heavily relied upon persistent innovation in reducing fuel costs and improving aircraft performance. Unsurprisingly, the usage of plastic in aircrafts has grown at an astounding rate in recent years owing to the fast and substantial improvement in manufacturing quality.

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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.

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 aircrafts. 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.

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Some Point from Table of Contents:

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
Chapter 6. Aerospace Plastics Market, By Fit
6.1. Global aerospace plastics industry share by fit, 2018 & 2025
6.2. Line fit
6.2.1. Global market estimates and forecasts, 2013 - 2025
6.2.2. Market estimates and forecast, by region, 2013 - 2025
6.3. Retrofit
6.3.1. Global market estimates and forecasts, 2013 - 2025
6.3.2. 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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