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Aerospace Plastics Market Size
- Report ID: GMI185
- Published Date: Jul 2020
- Report Format: PDF
Aerospace Plastics Market Size
Aerospace Plastics Market size valued at around USD 47.6 million in 2019 and will showcase growth of around 8.4% from 2020 to 2026. Rising air passenger traffic coupled with start of several new air travel routs across the globe will drive the demand for new aircrafts, thereby augmenting plastic consumption.
Aerospace grade plastics are lightweight high-performance plastics for acoustic, thermal, and chemical resistance in aircraft. Lightweight and good strength are key advantages supporting material usage in new advanced passenger aircrafts such as A320neo family, A350 XWB, among others. Further, proliferating tourism sector and rising business travels are driving the demand for aerospace grade plastics.
| Report Attribute | Details |
|---|---|
| Base Year: | 2019 |
| Aerospace Plastics Market Size in 2019: | 47.6 Million (USD) |
| Forecast Period: | 2020 to 2026 |
| Forecast Period 2020 to 2026 CAGR: | 8.4% |
| 2026 Value Projection: | 55.1 Million (USD) |
| Historical Data for: | 2016 to 2019 |
| No. of Pages: | 223 |
| Tables, Charts & Figures: | 266 |
| Segments covered: | Aircraft, Application, Fit, Country |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Aerospace Plastics Market Scope
