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Aerospace Plastics Market Share

Report ID: GMI185
Published Date: Jul 2020
Report Format: PDF

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Aerospace Plastics Market Share

Collaboration with other manufacturers or research institutions for product development are key strategies applied by manufacturers to enhance its market share. For instance, in August 2018, Solvay, Faurecia Clean Mobility, and Premium AEROTEC announced their collaboration to develop advanced materials and process technology to enhance the production of thermoplastic composites for aerospace & automotive industries.

Key plastics manufacturers operating in the market include:

BASF SE
Paco Plastics & Engineering, Inc
Paco Plastics BV
EPTAM Precision Plastics
Solvay
Saint Gobain
Victrex Plc
Superior Plastics

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

The market size of aerospace plastics surpassed USD 47.6 million in 2019.

The industry share of aerospace plastics is anticipated to grow at 8.4% CAGR between 2020 to 2026.

North America market for aircraft plastics is predicted to generate over USD 25 million revenue by 2026 owing to the presence of multiple aircraft manufacturers in the region.

According to this report, the cabin interiors application segment accounted for more than 50% market share in 2019.

Key aerospace plastics manufacturers include BASF SE, Paco Plastics & Engineering, Inc., Paco Plastics BV, EPTAM Precision Plastics, Solvay, Saint Gobain, Victrex Plc., Superior Plastics, amongst others.