Aircraft Plastics Market Analysis - Global Industry Size, Share, Trends and Forecast, 2014 - 2024

Category : Chemicals and Materials | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC212

Technical advancements in polymers have created a revolution in the aerospace industry. Aircraft plastics are becoming more ubiquitous in the aerospace industry due to its extra beneficial characteristic properties. Aircraft plastics play an important role in the overall weight reduction of an aircraft, thus making it safer, lighter and relatively more economical. The consumption of carbon fiber reinforced plastics, glass reinforced plastics and aramid reinforced plastic is expected to witness significant growth owing to its unique characteristics coupled with rapidly growing aviation industry. Technical polymers contribute to a vital extent in making the applications more competitive and efficient in various industrial fields. The aerospace industry creates high demands for polymers and other aircraft materials. The extraordinary properties of high-performance polymers and plastics include fire-resistant behavior and low weight. The nose, tail plane, aircraft fairing components, wings, airframe and fuselage are made up of a large number of polymer materials. These materials have efficient mechanical and thermal properties coupled with better resistance to aging. Since plastics are deployed in making seats, cooling systems, lighting systems, on-board kitchen and oxygen supply system, disposal systems, drinking water system and freight loading facilities, supplementary specifications including fungus test, FDA and drinking water approvals are required from various organizations.
 
Material engineering is crucial in aerospace engineering and this practice is defined by international bodies that manage and maintain standards for the processes and materials involved. Each extra pound added to a plane weight, in turn, adds energy costs and thus money. The use of reinforcing fibers and polymers to achieve lightweight structures and fuel savings is a key factor driving the aircraft plastics market. Plastics are 50% lighter than other metal alloys such as aluminum and titanium and do not usually corrode. By using plastics in making aircraft structures, a high degree of freedom in design can be achieved. Plastics having customized sliding properties are mostly used under extreme conditions since transparent plastics are lighter and impact resistant as compared to glass.
 
Increasing growth of the aircraft industry, especially in Asia-Pacific and Middle East is anticipated to fuel the growth of global aircraft plastics market. Increasing air traffic in defense and commercial aerospace segments is a key factor responsible for the significant aircraft plastics market growth in Europe and North America. Moreover, government regulations for the use of aircraft plastics coupled with high financial support are some major reasons anticipated to drive the global aircraft plastics market. Rapid growth in the aerospace industry owing to its strength to weight ratio as well as rising adoption of aircraft plastics in aerospace industry are some of the key factors driving the aerospace plastics market. Various organizations like Environmental Protection Agency and Greenpeace impose regulations on the production and manufacturing processes of aircraft plastics which is a key factor hampering the growth of global aircraft plastics market. In addition, high cost of raw materials required in manufacturing of aircraft plastics act as a major limiting factor to the growth of the global aircraft plastics market. Also, strict regulations for petro based polymer products are expected to hinder the availability of raw materials. Various, aircraft manufacturers use thermoplastic composites and metal alloys in aircraft structures to decrease fuel emission and ensure passenger comfort.
 
The global aircraft plastics market can be segmented on the basis of applications, end-use industry and geography. On the basis of applications, the global aircraft plastics market can be segmented into wings and rotor blades, empennage, cabin areas, flight deck and cockpit, airframe and fuselage and others (wing box, engine etc.). By end-use industry, the global aircraft plastics market can be segmented into general aviation, military aircrafts, and commercial aircrafts. Geographically, the global aircraft plastics market can be divided into North America, Latin America, Europe, Middle East & Africa and Asia-Pacific.
 
Key players involved in the manufacture of aircraft plastics include Ensinger GmbH, Hexcel Corporation, SABIC, Toho Tenax Company Limited, Mitsubishi Heavy Industries Limited, Premium Aerotec, HITCO Carbon Composites Inc., Tech-Pool Plastics, Cytec Industries Inc. and Zoltec Companies Inc. among others.
 


Related Reports

Recycled Glass Market By Sources (Deposit, Buy Back/Drop-Off, Curbside), By Product (Cullet, Crushed Glass, Glass Powder), By Application (Glass Bottle & Containers, Flat Glass, Fiber Glass, Highway Beads, Abrasives, Fillers, Others) – Global Industry Analysis, Market Size, Opportunities And Forecast, 2019 - 2026

The global recycled glass market value is expected to reach around 5,723.6 million by 2026 and will grow at a CAGR of 6.0% over forecast period 2019 to 2026. Recycled glass refers to the reusing glass objects, which are preferably used for making virgin glass. The recycling of glass is a cost-effective process of virgin glass production, because it conserves natural resources, saves energy and simple to recycl

Electric Vehicle Polymers Market By Type (Engineering Plastics, Elastomers, Others), By Component (Powertrain System, Exterior, Interior, Others), By Application (Passenger Electric Vehicles, Commercial Electric Vehicles) – Global Industry Analysis, Market Size, Opportunities And Forecast, 2019-2026

The global electric vehicle polymers market size is expected to reach around 159 billion by 2026 growing at a CAGR of around 64.9% over forecast period 2019 to 2026. Electric Vehicle Polymers refers to the polymers used in electric cars for the increasing the efficiency of the vehicle by reducing the weight of the vehicle. Polymers resemble the characteristics of metals such as better flame retardancy, toughne

Recycled Elastomers Market By Raw Material: (Styrene butadiene rubber, Nitrile butadiene rubber, Propylene rubber, Chloroprene rubber, Natural rubber, Polyurethane rubber, Others) By Application: (Medical, Agriculture, Sports product, Playground surfaces, Infrastructure, Home & garden) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global recycled elastomers market size is expected to reach around US$ 6.8 billion by 2026 and growing at a CAGR of above 11.9% over forecast period 2019 to 2026. Elastomer materials are made of polymer materials that are joined by chemical bonds and have high elongation and flexibility properties that increase its applicability in various industries. Elastomers rubber compound

Beverage Container Market By Material: (Plastic, Paperboard, Glass, Metal); By Container Type: (Jars & Bottles, Cans, Cartons, Pouches, Bag-In-Boxes); By Application: (Non-Alcoholic Beverages, Alcoholic Beverages) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global beverage container market size is expected to reach around US$ 251 billion by 2026 and growing at noteworthy CAGR around 4.2 % throughout the forecast period 2019 to 2026. Beverage container refers to the packaging of beverages with jars & bottles, cartons, pouches, bags-in-boxes or cans. These containers are manufactured from the paperboard, plastics, glass or metals, and also from

Cinnamaldehyde Market (By Type: Flavor Agent, Aroma Agent, Antimicrobial Agent, Other Types of Product; By Application: Food and Beverages, Household & Personal Care Industry, Agriculture, Healthcare, Others) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

The global cinnamaldehyde market is expected to grow at a CAGR of around 6.0% during the forecast period 2019 - 2026 and reach the market value of over US$ 330 Mn by 2026. Cinnamaldehyde is also known as 3-phenyl-2-propenal, cinnamic, phenylalacrolein, cinnamal, cinnamyl aldehyde, and trans-cinnamaldehyde. It is a yellowish oily liquid with a sweet taste and a cinnamon smell that is liable for the

Cart Summary