The global aerospace plastics market size is expected to reach USD 483.29 billion by 2034, according to a new study by Polaris Market Research. The report “Aerospace Plastics Market Size, Share, Trends, Industry Analysis Report: By Process, Product, End-Use (General Aviation, Rotary Aircraft, Commercial & Freighter Aircraft, and Military Aircraft), Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Aerospace plastics are used in the manufacturing of aerospace equipment to meet stringent safety and operational requirements. These plastics are lightweight, have high durability, and offer excellent weather, impact, and corrosion resistance. Polytetrafluoroethylene (PTFE), polyimide, and acrylonitrile butadiene styrene (ABS) are some commonly used aerospace plastics.
Aerospace manufacturers are increasingly using advanced and high-performance plastics in the design and production of aircraft components as part of their ongoing efforts to improve performance, reduce emissions, and increase fuel efficiency. These plastics are used to make radomes, airplane frames, and some propulsion system parts. Their natural transparency makes them apt for airplane windows and canopies. Also, the excellent corrosion resistance of aerospace plastics means they are suitable for managing surfaces and other external elements that are exposed to harsh weather conditions.
The rising demand for new aircraft globally, fueled by growing air traffic and the replacement of older fleets with more modern, efficient models, is driving the aerospace plastics market expansion. Growing emphasis on environmental sustainability is anticipated to create several opportunities for market participants in the coming years.
Aerospace plastics market key players are using several strategies, including agreements, mergers and acquisitions, and agreements to meet the growing demand for aircraft plastics and increase their market position. Companies are also launching innovative products into the market to fulfill rising consumer demand.
Key Highlights of Aerospace Plastics Market Report
Based on end-use, the commercial and freighter aircraft segment led the market in 2024, accounting for 74.5% of total market revenue. Lighter planes consume less fuel, lowering overall operating costs and emissions in order to comply with tight environmental requirements.
Based on process, the injection molding segment dominated the aerospace plastics market with a 64.1% revenue share in 2024. The dominance of this segment is attributed to the growing need for efficiency and accuracy in the manufacturing of intricate aerospace components.
North America led the market with a 58.8% revenue share in 2024, driven by the growing demand for fuel-efficient aircraft due to rising fuel prices.
Over the forecast period, the Asia Pacific is anticipated to exhibit the highest CAGR. This increase can be linked to the expanding airplane manufacturing industry in the emerging economies and the presence of highly skilled engineers in the region.
SABIC; BASF SE; Evonik Industries AG; Solvay S.A.; Victrex plc; Quadrant Engineering Plastics; Drake Plastics Ltd; PPG Industries, Inc.; Compagnie de Saint-Gobain S.A.; DuPont; Röchling SE & Co. K.G.; Mitsubishi Chemical Holdings; Ensinger GmbH; Hexcel Corporation; and Hyosung Corporation are a few of the key players in the market.
Polaris Market Research has segmented the aerospace plastics market report on the basis of process, product, end-use, application, and region:
Aerospace Plastics Market Segmentation
By Process Outlook (Revenue – USD Billion, 2020–2034)
CNC Machining
Extrusion
Injection Molding
Thermoforming
3D Printing
Others
By Product Outlook (Revenue – USD Billion, 2020–2034)
Polyphenylsulfone (PPSU)
Polyetheretherketone (PEEK)
Polyetherimide (PEI)
Polycarbonate (PC)
Polyamide (PA)
Polymethyl Methacrylate (PMMA)
Polyamide-imide (PAI)
PolyPhenyleneSulfide (PPS)
Polyurethane (PU)
Polyphenylene ether (PPE)
Others
By End-Use Outlook (Revenue – USD Billion, 2020–2034)
General Aviation
Rotary Aircraft
Commercial & Freighter Aircraft
Military Aircraft
By Application Outlook (Revenue – USD Billion, 2020–2034)
Structural Components
Window & Windshields, Doors, and Canopies
Cabin Interiors
Electrical, Electronics, and Control Panel
Flooring & Wall Panels
By Regional Outlook (Revenue – USD Billion, 2020–2034)
North America
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