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<br>The aerospace plastics market was valued at $744 million in 2018 and is expected to reach $1,133 million by 2026, registering a CAGR of 5.4% from 2019 to 2026.
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Aerospace Plastics Market by Material Type (Polyether Ether Ketone (PEEK), Poly Methyl Methacrylate (PMMA), Acrylonitrile Butadiene Styrene (ABS), Polycarbonate (PC), Polyphenylene Sulfide (PPS), and Others), Type of Aircraft (Commercial, Military, Rotorcraft, and Space), and Application (Cabin Interior, Windows & Windshield, Airframe, and Propulsion System): Global Opportunity Analysis and Industry Forecast, 2019–2026
Introduction: The aerospace plastics market was valued at $744 million in 2018 and is expected to reach $1,133 million by 2026, registering a CAGR of 5.4% from 2019 to 2026. Aerospace plastics market are polymers that provide enhanced properties such as high tensile strength, high temperature tolerance, great transparency, chemical properties, hard surface, and others. The aerospace manufacturers have been shifting toward plastics and replacing conventional metals. Polymers such as polyether ether ketone (PEEK), poly methyl methacrylate (PMMA), polycarbonates (PC), polyphenylene sulfide (PPS), and acrylonitrile butadiene styrene (ABS) are used in aircraft parts such as airframes, interiors, engine components, propulsion systems, mirrors, ceilings, and others. Plastics weigh less than metal; they do not rust; are easy to fabricate; there are many plastic materials that are fully flame, smoke, toxicity, and heat release compliant; and also offer a broad range of design flexibility in terms of color, texture, and pattern. Plastic parts can last longer and require less maintenance than other materials. One of the primary reasons for using plastic is the drive to eliminate weight from the plane, which improves cost by reducing fuel consumption.
Segment Review The aerospace plastics market is segmented into material type, type of aircraft, and end-user industry. Based on type, the market is divided into polyether ether ketone (PEEK), poly methyl methacrylate (PMMA), acrylonitrile butadiene styrene (ABS), polycarbonate (PC), polyphenylene sulfide (PPS), and others. On the basis of type of aircraft, the market is divided into commercial, military, rotorcraft, and space. Depending on application it is fragmented into cabin interior, windows & windshield, airframe, and propulsion system. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa). The aerospace plastics market share has been analyzed across all the segments and regions. Get Sample Report@ https://www.alliedmarketresearch.com/request-sample/5335
Key Players: • PG Industries • DuPont • Mitsubishi Chemical Advanced Materials • Röchling • Sabic • Saint-Gobain • Solvay • Victrex plc. Drake Plastics • Ensinger Read More@ https://www.alliedmarketresearch.com/aerospace-plastics-market
Key Benefits for Aerospace Plastics Market: • The report provides an in-depth analysis of the forecast along with the current and future aerospace plastics market trends • This report highlights the key drivers, opportunities, and restraints of the market along with the impact analyses during the forecast period. • Porter’s five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the aerospace plastics industry for strategy building. • A comprehensive analysis of the factors that drive and restrain the aerospace plastics market growth is provided. • The qualitative data in this report aims on market dynamics, trends, and developments. • The aerospace plastics market size is provided in terms of revenue.
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