Aerospace Plastics Market by End-user, Application, and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR44053
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The aerospace plastics market has the potential to grow by USD 125.67 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 3.57%.

This aerospace plastics market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (commercial and freighter aircraft, general aviation, and others), application (exterior and interior), and geography (Europe, North America, APAC, MEA, and South America). The aerospace plastics market report also offers information on several market vendors, including BASF SE, Compagnie de Saint-Gobain SA, DuPont de Nemours Inc., Ensinger GmbH, Hexcel Corp., Mitsubishi Chemical Holdings Corp., PPG Industries Inc., Saudi Basic Industries Corp., Solvay SA, and Victrex Plc among others.

What will the Aerospace Plastics Market Size be in 2021?

Aerospace-Plastics-Market-Market-Size-2020-2025

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Aerospace Plastics Market: Key Drivers and Trends

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The increasing use of lightweight materials is notably driving the aerospace plastics market growth, although factors such as fluctuation in raw material prices may impede the market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the aerospace plastics industry get your FREE report sample now.

This aerospace plastics market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Aerospace Plastics Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • BASF SE
  • Compagnie de Saint-Gobain SA
  • DuPont de Nemours Inc.
  • Ensinger GmbH
  • Hexcel Corp.
  • Mitsubishi Chemical Holdings Corp.
  • PPG Industries Inc.
  • Saudi Basic Industries Corp.
  • Solvay SA
  • Victrex Plc

 

The aerospace plastics market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the aerospace plastics market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Aerospace Plastics Market?

Aerospace-Plastics-Market-Market-Share-by-Region-2020-2025

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34% of the market’s growth will originate from North America during the forecast period. The US is the key market for the aerospace plastics market in North America. Market growth in this region will be slower than the growth of the market in APAC.

The increasing number of air passengers and domestic and international flights will facilitate the aerospace plastics market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating End-user Segments in the Aerospace Plastics Market?

Aerospace-Plastics-Market-Market-Share-by-End-2020-2025

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Air cargo will be the desired medium for transporting high-value goods and perishable goods in the coming years. This will lead to an increased demand for both express carriers and combination carriers. Also, commercial planes are increasing in number worldwide due to the increased air travel as more and more passengers prefer air travel. Thus, both commercial and freighter aircraft demand is expected to increase during the forecast period, which will contribute to the growth of the aerospace plastics market share.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the aerospace plastics market size.

 

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What are the Key Factors Covered in this Aerospace Plastics Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive aerospace plastics market growth during the next five years
  • Precise estimation of the aerospace plastics market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the aerospace plastics industry across Europe, North America, APAC, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of aerospace plastics market vendors

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Aerospace Plastics Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3.57%

Market growth 2021-2025

USD 125.67 million

Market structure

Fragmented

YoY growth (%)

2.21

Regional analysis

Europe, North America, APAC, MEA, and South America

Performing market contribution

North America at 34%

Key consumer countries

US, France, China, Germany, UK, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

BASF SE, Compagnie de Saint-Gobain SA, DuPont de Nemours Inc., Ensinger GmbH, Hexcel Corp., Mitsubishi Chemical Holdings Corp., PPG Industries Inc., Saudi Basic Industries Corp., Solvay SA, and Victrex Plc

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The aerospace plastics market growth will increase by $262.90 million during 2019-2024.
The aerospace plastics market is expected to grow at a CAGR of 5.71% during 2019-2024.
Technavio has segmented the aerospace plastics market by end user (Commercial and freighter aircraft, General aviation, and Others) ,application (Exterior and Interior) , and geographic (Europe, North America, MEA, APAC, and South America).
BASF SE, Compagnie de Saint-Gobain SA, DuPont de Nemours Inc., Ensinger GmbH, Hexcel Corp., Mitsubishi Chemical Holdings Corp., PPG Industries Inc., Saudi Basic Industries Corp., Solvay SA, Victrex Plc are a few of the key vendors in the aerospace plastics market.
Europe will register the highest growth rate of 33.98% among the other regions. Therefore, the aerospace plastics market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the aerospace plastics market growth are:
  • Increasing use of lightweight materials
The aerospace plastics market vendors should focus on grabbing business opportunities from the commercial and freighter aircraft segment as it accounted for the largest market share in the base year.
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