openPR Logo
Press release

Aerospace Plastics Market Statistics 2027: Major Factors that can Increase the Global Demand

09-14-2021 01:18 PM CET | Associations & Organizations

Press release from: Allied Market Research.

Aerospace Plastics Market

Aerospace Plastics Market

Allied Market Research published a report, titled, "Aerospace Plastics Market by Material Type (Polyether Ether Ketone (PEEK), Poly Methyl Methacrylate (PMMA), Acrylonitrile Butadiene Styrene (ABS), Polycarbonate (PC), Polyphenylene Sulfide (PPS), and Others), Type of Aircraft (Commercial, Military, Rotorcraft, and Space), and Application (Cabin Interior, Windows & Windshield, Airframe, and Propulsion System): Global Opportunity Analysis and Industry Forecast, 2019–2026." According to the report, the global aerospace plastics industry garnered $744 million in 2018, and is estimated to reach $1.13 billion by 2026, growing at a CAGR of 5.4% from 2019 to 2026.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/5335

Drivers, restraints, and opportunities
Surge in demand for light weight components and high-performance characteristics drive the global aerospace plastics market. However, high cost of fabrication hinders the market growth. On the other hand, the advent of bio-based plastics would create new opportunities in the industry.

The ABS segment to maintain its leadership status during the forecast period
Based on material type, the ABS segment contributed to the largest market share in the global aerospace plastics market, holding nearly one-third of the total share in 2018, and is estimated to maintain its leadership status during the forecast period. However, the PEEK segment is expected to register the fastest CAGR of 6.0% from 2019 to 2026. This is attributed to its improved characteristics including high strength, durability, corrosion resistance, and its suitability for usage in harsh environment.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/5335

The commercial segment to contribute its highest share by 2026
Based on type of aircraft, the commercial segment contributed to more than two-fifths of the total share of the global aerospace plastics market in 2018, and is expected to hold the highest share during the forecast period. Moreover, this segment is expected to grow at the highest growth rate with a CAGR of 6.0% from 2019 to 2026. This is due to rise in demand for commercial aircrafts from developing countries as the fleet size grows. The report also analyzes the segment including military, space, and rotorcraft.

Europe to maintain its dominant position during the forecast period
Based on region, Europe held the highest market share in 2018, contributing to nearly one-third of the global aerospace plastics market, and is estimated to maintain the dominant position by the end of 2026. In addition, this segment is expected to portray the highest CAGR of 6.0% from 2019 to 2026. This is due to the large concentration of aerospace OEMs and related component manufacturers in the region. North America is expected to maintain the second-highest position in terms of revenue by 2026.

Report Customization @ https://www.alliedmarketresearch.com/request-for-customization/5335

Leading market players
• PPG Industries
• DuPont
• Mitsubishi Chemical Advanced Materials
• Röchling
• Sabic
• Saint-Gobain
• Solvay
• Victrex plc.
• Drake Plastics
• Ensinger

Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Aerospace Plastics Market Statistics 2027: Major Factors that can Increase the Global Demand here

News-ID: 2392344 • Views: 901

More Releases from Allied Market Research.

Electronic Ceramics Market Statistics 2027: Major Factors that can Increase the …
Allied Market Research recently published a report, titled, "Electronic Ceramics Market by Material (Alumina, Zirconia, Silica, and Others), Application (Capacitors, Data Storage Devices, Optoelectronic Devices, Actuators & Sensors, Power Distribution Devices, and Others), and End-User (Electronics, Automobile, Medical, Aerospace & Defense, and Others): Opportunity Analysis and Industry Forecast, 2020–2027". As per the report, the global electronic ceramics industry was pegged at $11.3 billion in 2019, and is projected to reach
Fragrance Ingredients Market Product Segmentation & Strategy Framework, Prospect …
Allied Market Research published a report, titled, "Fragrance Ingredients Market by Type (Natural Ingredients and Synthetic Ingredients) and Application (Hair care, Personal Care, Fabric care, and Others): Global Opportunity Analysis and Industry Forecast 2020–2027." According to the report, the global fragrance ingredients industry generated $13.6 billion in 2019, and is expected to generate $16.1 billion by 2027, witnessing a CAGR of 3.8% from 2020 to 2027. Prime determinants of growth Increase in
Anti-Viral Coatings Market Trend, Business Opportunities, Challenges, Drivers an …
According to the report published by Allied Market Research, the global anti-viral coatings market generated $0.5 billion in 2019, and is estimated to reach $1.3 billion by 2027, registering a CAGR of 13.3% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in demand for anti-viral coatings from HVAC applications drives the growth of the
Mineral Wool Market Trends, Share, Research Report Study, Regional and Industry …
Allied Market Research recently published a report, titled, "Mineral wool Market by Type (Glass Wool, Rock Wool, and Others), By End-Use Industry (Building & Construction, Transportation, Industrial & Appliances, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026". According to the report, the global mineral wool industry accounted for $9.9 billion in 2018, and is expected to reach $16.0 billion by 2026, growing at a CAGR of 6.3% from 2019

All 5 Releases


More Releases for Plastics

Aircraft Plastics Market Analysis Focusing on Top Key Players are Solvay, BASF, …
Market Study Report LLC recently introduced new title on “2019-2024 Global Aircraft Plastics Market Report” that provides an in-depth overview of industry and competitive landscape, covering multiple market segments and elaborates market outlook and status to 2024. The worldwide market for Aircraft Plastics is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019,
Medical Plastics Market – Regional Insights
Various developments in high-performance polymers and the related advantages of plastics over other materials have widened the opportunities of plastics in the healthcare sector. Polyvinyl chloride (PVC) is commonly used in the development of class I medical devices. Medical devices manufactured using polyvinyl chloride can be easily sterilized using methods such as ethylene oxide, steam, or radiation. Different types of medical plastics present in the market include polyethylene (PE), polyvinyl
Plastics Considered Ultimate Antimicrobial Packaging
The global antimicrobial packaging market is expected to witness a highly intense competitive scenario in the coming years, states Transparency Market Research (TMR) in a research report. The increasing competition can be attributed to the presence of several regional and global players of small, medium, and large scale. The crème of the crops present in the market are The Dow Chemical Company, BASF SE, Sciessent LLC, and Takex Labo Co.
Global Bioplastics (Bio-plastics,Bio plastics) Market 2018 - Braskem, BASF
Apex Market Reports, recently published a detailed market research study focused on the “Bioplastics (Bio-plastics,Bio plastics) Market” across the global, regional and country level. The report provides 360° analysis of “Bioplastics (Bio-plastics,Bio plastics) Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Bioplastics
Global Plastics Extrusion Market 2018 - Talent Plastics, Intek Plastics, America …
Apex Market Reports, recently published a detailed market research study focused on the “Plastics Extrusion Market” across the global, regional and country level. The report provides 360° analysis of “Plastics Extrusion Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Plastics Extrusion on
Nov 27, 2017: Plastics Extrusion Market Forecast 2023 Talent Plastics, Intek Pla …
Plastics Extrusion Market Research 2017 A market study ” Global Plastics Extrusion Market ” examines the performance of the Plastics Extrusion market 2017. It encloses an in-depth Research of the Plastics Extrusion market state and the competitive landscape globally. This report analyzes the potential of Plastics Extrusion market in the present and the future prospects from various angles in detail. The Global Plastics Extrusion Market 2017 report includes Plastics Extrusion market Revenue,