Aerospace Plastics Market trends for 2017 & industry forecast report by 2022
Global Market Insights has announced the addition of a new study based report titled "Aerospace Plastics Market Size By End User (Military Aircrafts, Commercial & Freighter Aircrafts, General Aviation, Rotary Aircrafts), By Application (Wings & Rotor Blades, Airframe & Fuselage, Empennage, Cabin Areas, Flight Deck & Cockpit), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2015 – 2022".
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Strong application outlook of lightweight materials in aviation industry in order to improve fuel efficiency and performance is likely to drive aerospace plastics market size growth.
Regulatory support for aviation industry development owing to growth in freight air carriers coupled with increasing defense budgets should favor demand. Europe, led by France and Germany aerospace plastics market size, had significant regional share in 2014 and may register over USD 6.5 billion by 2022. France has number of institutions providing aviation engineering programs and aircraft companies invest over 15% of their turnover in research and development activities. These initiatives help provide quality workforce to France aviation industry which should favor aerospace plastics market size growth.
Reasons to Buy This Report
1. Aerospace Plastics market size & share forecast by product & application, 2016-2022
2. Growth drivers, pitfalls & industry challenges
3. Key Aerospace Plastics market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles
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North America, with aviation industry growth in the U.S., is poised to surpass USD 5 billion by 2022. Replacement of ageing aircrafts with fuel efficient ones coupled with strong military developments. have assisted to drive U.S. aerospace plastics market size growth
APAC is poised to witness significant gains owing to increasing commercial & military aircrafts demand in China and India.
China plays an important role in making of the 787 aircraft by developing and manufacturing rudder, wing-to-body fairing panels, panels and leading edge for the vertical fin, and various other composite parts.
North America military aircraft plastic consumption could exceed 5 kilo tons by 2022. Increase in government funding owing to rise in defense sector may drive industry growth.
Browse Report summary@
Global aerospace plastics market share is fairly consolidated with major players serving to more than 60% of the global demand in 2014. Toray, Hexcel, HITCO, Mitsubishi, Toho Tenax and Cytec are among notable industry participants.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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