Press release
Aerospace Plastics Market Projected to Hit USD 483.29 billion by 2034, Expanding at a CAGR of 38.3%
The global aerospace plastics market size was valued at USD 18.99 billion in 2024. The market is projected to grow from USD 26.10 billion in 2025 to USD 483.29 billion by 2034, at a CAGR of 38.3% from 2025 to 2034.
Market Overview
Aerospace plastics are special types of plastics used in the production of aircraft and other aviation materials, such as wiring conduits, bushings, bearings, overhead bins, tray tables, and seating components. These specialized plastics aim to replace metal components in order to contribute to the aerodynamic nature of these airborne vehicles. They are designed to meet strict safety regulations and design changes that help in improving its flight. Polyphenylsulfone (PPSU) and acrylonitrile butadiene styrene (ABS) are two commonly used types of plastic in the aerospace industry.
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Growth Drivers
• Airlines around the world are facing increasing pressure to enhance fuel efficiency in order to reduce operating costs and comply with stringent environmental requirements. Fuel efficiency has become a critical factor for both commercial and military aircraft, prompting aerospace manufacturers to depend on the latest high-performance plastics. These plastics help reduce the weight of the aircraft without compromising on durability, ultimately achieving lower fuel consumption and reduced operating costs. Additionally, the performance and efficiency of an aircraft are directly impacted by its total weight.
• The aerospace plastic market is further propelled by the global aviation industry's expansion and the modernization of older variants of aircraft. Aerospace plastics are being used more often for a variety of purposes, including airframe structures, interiors, and parts. 3D printing and other additive manufacturing methods are gaining traction for producing complex plastic parts with high precision. The demand for aerospace materials, which are used to construct military aircraft, is expected to raise the demand for the aerospace plastics market.
Competitive Landscape
The market has the presence of both established players and new entrants. Some of the major market participants are:
• BASF SE
• Compagnie de Saint-Gobain S.A.
• Drake Plastics Ltd
• DuPont
• Ensinger GmbH
• Evonik Industries AG
• Hyosung Corporation
• Mitsubishi Chemical Holdings
• PPG Industries Inc.
• Quadrant Engineering Plastics
• Röchling SE & Co. K.G.
• SABIC
• Solvay S.A.
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Key Highlights of Aerospace Plastics Market Report
✅ Based on end-use, the commercial and freighter aircraft segment led the market in 2024, accounting for 74.5% of total market revenue. Lighter planes consume less fuel, lowering overall operating costs and emissions in order to comply with tight environmental requirements.
✅ Based on process, the injection molding segment dominated the aerospace plastics market with a 64.1% revenue share in 2024. The dominance of this segment is attributed to the growing need for efficiency and accuracy in the manufacturing of intricate aerospace components.
✅ North America led the market with a 58.8% revenue share in 2024, driven by the growing demand for fuel-efficient aircraft due to rising fuel prices.
✅ Over the forecast period, the Asia Pacific is anticipated to exhibit the highest CAGR. This increase can be linked to the expanding airplane manufacturing industry in the emerging economies and the presence of highly skilled engineers in the region.
Segmental Analysis
• The aerospace plastics market is segmented into process, product, end-use, application, and region.
• Based on process, the market is categorized into CNC machining, extrusion, injection molding, thermoforming, 3d printing and others. The injection molding segment led the market in 2024.
• Based on end-use, the market is segmented into general aviation, rotary aircraft, commercial & freighter aircraft, and military aircraft. The commercial & freighter aircraft segment dominated the market in 2024.
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Regional Overview
Aerospace Plastics Market, Regional Outlook
o North America
» Process Outlook
» CNC Machining
» Extrusion
» Injection Molding
» Thermoforming
» 3D Printing
» Others
» Product Outlook
» Polyphenylsulfone (PPSU)
» Polyetherimide (PEI)
» Polycarbonate (PC)
» Polyamide (PA)
» Polymethyl Methacrylate (PMMA)
» Polyamide-Imide (PAI)
» PolyPhenyleneSulfide (PPS)
» Polyurethane (PU)
» Polyphenylene Ether (PPE)
» Others
» End-use Outlook
» General Aviation
» Rotary Aircraft
» Commercial & Freighter Aircraft
» Military Aircraft
» Application Outlook
» Structural Components
» Window & Windshields, Doors, and Canopies
» Cabin Interiors
» Electrical, Electronics, and Control Panel
» Flooring & Wall Panels
o Europe
» Process Outlook
» CNC Machining
» Extrusion
» Injection Molding
» Thermoforming
» 3D Printing
» Others
» Product Outlook
» Polyphenylsulfone (PPSU)
» Polyetherimide (PEI)
» Polycarbonate (PC)
» Polyamide (PA)
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