Report Code : CVMI2412227 | Published Date : March 3, 2025

The Global Aerospace Plastics Market is soaring to new heights, valued at USD 2.4 billion in 2023 and projected to reach USD 5.1 billion by 2031, expanding at a 12.7% CAGR. This high-performance segment is revolutionizing aircraft design through lightweighting, fuel efficiency gains, and enhanced cabin experiences, while also meeting stringent FAA and EASA flammability and mechanical standards requirements.

Key Market Growth Drivers

1. Lightweighting Imperative

  • Reducing the weight by 1kg saves $3,000 in fuel for the aircraft lifespan
  • The Boeing 787 uses plastics for 50% of its interior components
  • Next-generation aircraft targeting 20% plastic composite airframes

 

2. Advanced Material Innovations

  • PEI (Polyetherimide): 40% lighter than aluminum for the cabin parts
  • PEEK (Polyetheretherketone): Replacing metal in engines components
  • Thermoplastic composites: 60% faster production thermosets

 

3. Sustainability Mandates

  • Recycled CFRP entering service in Airbus A350 components
  • Bio-based thermoplastics for non-structural applications
  • EU Aviation Safety roadmap targeting 30% recycled content by 2035

 

Material Segmentation

Plastic Type

2023 Share

Key Applications

Growth Rate

CFRP/GFRP

35%

Structural components

14% CAGR

PEI/PEKK

XX%

Cabin interiors, ducting

XX% CAGR

PMMA

XX%

Windows, lighting

XX% CAGR

PPSU

XX%

Food service components

XX% CAGR

Others

5%

Adhesives, coatings

6% CAGR

 

Application Analysis

Interior Components (45%)

  • Seat structures now 60% plastic composite
  • Cabin panels with integrated lighting
  • Galley equipment meeting FAR 25.853 flammability

 

Exterior Components (30%)

  • Winglets improving fuel efficiency 5-7%
  • Engine nacelles with thermoplastic composites
  • Radome materials enabling 5G connectivity

 

System Components (25%)

  • Fuel system polymers resistant to SAF biofuels
  • Electrical conduit with EMI shielding
  • 3D printed ducting reducing part counts

 

Regional Market Dynamics

North America (42%)

  • Boeing's 50% composite 777X airframe
  • Hexcel's $300 million carbon fiber expansion

FAA's 25.853 flammability standards are driving innovation

 

Europe (XX%)

  • Airbus' thermoplastic wing research
  • Safran's 3D printed polymer fuel nozzles
  • Clean Sky 2 Initiative funding bio-materials

 

Asia-Pacific (XX%)

  • COMAC C919 using domestic composites
  • Japan's Toray supplies 60% of the global aerospace market CFRP
  • India's UDAN scheme is driving regional aircraft demand

 

Competitive Landscape

Market Leaders:

  1. Solvay (25%): PEKK for engine components
  2. Hexcel (XX%): Aerospace-grade prepregs
  3. Toray (18%): T800 carbon fiber dominance
  4. SABIC (XX%): LEXAN for cabin applications
  5. Victrex (XX%): PEEK for extreme environments

 

Emerging Players:

  • Evolve Additive: Electrophotographic 3D printing
  • Boom Supersonic: Recyclable composite airframes
  • Arris Composites: Aligned fiber thermoplastics

 

Recent Innovations (2024)

  • Self-healing CFRP for wing leading edges
  • Graphene-doped thermoplastics improving EMI shielding
  • Flame-retardant bio-polymers passing FAR 25.853




Reasons To Buy

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Scope

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Key Players

  • Aerospace Plastics Market – BASF SE
  • SABIC
  • Solvay S.A.
  • Victrex plc
  • Evonik Industries AG
  • Röchling Group
  • PPG Industries Inc.
  • Toray Industries Inc.
  • Hexcel Corporation
  • DuPont de Nemours Inc.

 

Global Aerospace Plastics Market Report

  1. 1. Global Aerospace Plastics Market Research Report
    1. 1.1 Study Objectives
    2. 1.2 Global Aerospace Plastics Market - Overview
    3. 1.3 Reason to Read This Report
    4. 1.4 Methodology and Forecast Analysis
    2. Global Aerospace Plastics Market Research Report - Preface
    1. 2.1 Global Aerospace Plastics Market Research Report – Detailed Scope and Definitions
      1. 2.1.1 By Material
      2. 2.1.2 By Application
      3. 2.1.3 By End-user
      4. 2.1.4 By Region
    3. Global Aerospace Plastics Market Dynamics
    1. 3.1. Drivers - Macro-Economic Based, Supply Side, and Demand Side Drivers
    2. 3.2. Restraints – By Material, By Application, By End-user, By Country
    3. 3.3. Opportunities – By Material, By Application, By End-user, By Country
    4. 3.4. Trends – By Material, By Application, By End-user, By Country
    5. 3.5. PEST Analysis
    6. 3.6. Porters Five Rule Analysis
    7. 3.7. Company’s Share Analysis (CSA) by Region or By Country
    8. 3.8. Global Aerospace Plastics Market Research Report – DROTs Impact Analysis
    4. Global Aerospace Plastics Market Research Report, Historic Data 2019 - 2023 and Forecast Analysis Data 2024 - 2031
    1. 4.1. Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
    2. 4.2. Annual Market Trend Assessment – Year-on-Year (YoY) Growth Analysis (%)
    3. 4.3. Incremental Market Value/Volume Opportunity between 2019 - 2023 and 2024 - 2031
    4. 4.4. Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    5. Global Aerospace Plastics Market, By Material, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 5.1 Thermoplastics
      1. 5.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 5.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 5.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 5.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    2. 5.2 Thermosetting Plastics
      1. 5.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 5.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 5.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 5.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    6. Global Aerospace Plastics Market, By Application, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 6.1 Interior Components
      1. 6.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 6.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 6.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 6.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    2. 6.2 Structural Components
      1. 6.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 6.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 6.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 6.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    3. 6.3 Electronic Components
      1. 6.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 6.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 6.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 6.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    4. 6.4 Others
      1. 6.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 6.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 6.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 6.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    7. Global Aerospace Plastics Market, By End-user, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 7.1 Commercial Aerospace
      1. 7.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 7.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 7.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 7.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    2. 7.2 Military Aerospace
      1. 7.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 7.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 7.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 7.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    3. 7.3 Space Exploration.
      1. 7.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 7.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 7.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 7.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    8. Global Aerospace Plastics Market Forecast, By Region, 2019 - 2023 and 2024 - 2031 (Market Value, In USD Mn)
    1. 8.1 North America
      1. 8.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    2. 8.2 Europe
      1. 8.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    3. 8.3 Asia-Pacific
      1. 8.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    4. 8.4 Latin America
      1. 8.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    5. 8.5 Middle East & Africa
      1. 8.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
      2. 8.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
      3. 8.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
      4. 8.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
    6. 8.6 Global Aerospace Plastics Market - Opportunity Analysis Index, By Material, By Application, By End-user, and Region, 2024 - 2031
    9. North America Global Aerospace Plastics Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 9.1 By Material Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.1.1 Thermoplastics
      2. 9.1.2 Thermosetting Plastics
      9.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.2.1 Interior Components
      2. 9.2.2 Structural Components
      3. 9.2.3 Electronic Components
      4. 9.2.4 Others
      9.3 By End-user Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.3.1 Commercial Aerospace
      2. 9.3.2 Military Aerospace
      3. 9.3.3 Space Exploration.
      9.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 9.4.1 United States
      2. 9.4.2 Canada
      9.5 North America Global Aerospace Plastics Market – Opportunity Analysis Index, By Material, By Application, By End-user, and Country, 2024 - 2031
      9.6 Regional Trends Analysis
      9.7 North America Global Aerospace Plastics Market Research Report - Company Profiles
      1. 9.7.1 Company 1 (United States)
      2. 9.7.2 Company 2 (Canada)
      3. 9.7.3 Company 3 (Canada)
    10. Europe Global Aerospace Plastics Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 10.1 By Material Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.1.1 Thermoplastics
      2. 10.1.2 Thermosetting Plastics
      10.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.2.1 Interior Components
      2. 10.2.2 Structural Components
      3. 10.2.3 Electronic Components
      4. 10.2.4 Others
      10.3 By End-user Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.3.1 Commercial Aerospace
      2. 10.3.2 Military Aerospace
      3. 10.3.3 Space Exploration.
      10.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 10.4.1 Germany
      2. 10.4.2 United Kingdom
      3. 10.4.3 France
      4. 10.4.4 Spain
      5. 10.4.5 Italy
      6. 10.4.6 Russia
      7. 10.4.7 Netherlands
      8. 10.4.8 Poland
      9. 10.4.9 Rest of Europe
      10.5 Europe Global Aerospace Plastics Market – Opportunity Analysis Index, By Material, By Application, By End-user, and Country, 2024 - 2031
      10.6 Regional Trends Analysis
      10.7 Europe Global Aerospace Plastics Market Research Report - Company Profiles
      1. 10.7.1 Company 1 (Germany)
      2. 10.7.2 Company 2 (United Kingdom)
      3. 10.7.3 Company 3 (United Kingdom)
    11. Asia-Pacific Global Aerospace Plastics Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 11.1 By Material Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.1.1 Thermoplastics
      2. 11.1.2 Thermosetting Plastics
      11.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.2.1 Interior Components
      2. 11.2.2 Structural Components
      3. 11.2.3 Electronic Components
      4. 11.2.4 Others
      11.3 By End-user Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.3.1 Commercial Aerospace
      2. 11.3.2 Military Aerospace
      3. 11.3.3 Space Exploration.
      11.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 11.4.1 China
      2. 11.4.2 Japan
      3. 11.4.3 India
      4. 11.4.4 South Korea
      5. 11.4.5 Australia & NZ
      6. 11.4.6 ASEAN
      7. 11.4.7 Rest of Asia-Pacific
      11.5 Asia-Pacific Global Aerospace Plastics Market – Opportunity Analysis Index, By Material, By Application, By End-user, and Country, 2024 - 2031
      11.6 Regional Trends Analysis
      11.7 Asia-Pacific Global Aerospace Plastics Market Research Report - Company Profiles
      1. 11.7.1 Company 1 (China)
      2. 11.7.2 Company 2 (Japan)
      3. 11.7.3 Company 3 (Japan)
    12. Latin America Global Aerospace Plastics Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 12.1 By Material Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.1.1 Thermoplastics
      2. 12.1.2 Thermosetting Plastics
      12.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.2.1 Interior Components
      2. 12.2.2 Structural Components
      3. 12.2.3 Electronic Components
      4. 12.2.4 Others
      12.3 By End-user Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.3.1 Commercial Aerospace
      2. 12.3.2 Military Aerospace
      3. 12.3.3 Space Exploration.
      12.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 12.4.1 Brazil
      2. 12.4.2 Mexico
      3. 12.4.3 Argentina
      4. 12.4.4 Peru
      5. 12.4.5 Colombia
      6. 12.4.6 Rest of Latin America
      12.5 Latin America Global Aerospace Plastics Market – Opportunity Analysis Index, By Material, By Application, By End-user, and Country, 2024 - 2031
      12.6 Regional Trends Analysis
      12.7 Latin America Global Aerospace Plastics Market Research Report - Company Profiles
      1. 12.7.1 Company 1 (Brazil)
      2. 12.7.2 Company 2 (Mexico)
      3. 12.7.3 Company 3 (Mexico)
    13. Middle East & Africa Global Aerospace Plastics Market Analysis, 2019 - 2023 and Forecast, 2024 - 2031 (Market Value, In USD Mn)
    1. 13.1 By Material Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 13.1.1 Thermoplastics
      2. 13.1.2 Thermosetting Plastics
      13.2 By Application Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 13.2.1 Interior Components
      2. 13.2.2 Structural Components
      3. 13.2.3 Electronic Components
      4. 13.2.4 Others
      13.3 By End-user Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 13.3.1 Commercial Aerospace
      2. 13.3.2 Military Aerospace
      3. 13.3.3 Space Exploration.
      13.4 Country Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
      1. 13.4.1 Saudi Arabia
      2. 13.4.2 UAE
      3. 13.4.3 South Africa
      4. 13.4.4 Egypt
      5. 13.4.5 Israel
      6. 13.4.6 Rest of Middle East and Africa
      13.5 Middle East & Africa Global Aerospace Plastics Market – Opportunity Analysis Index, By Material, By Application, By End-user, and Country, 2024 - 2031
      13.6 Regional Trends Analysis
      13.7 Middle East & Africa Global Aerospace Plastics Market Research Report - Company Profiles
      1. 13.7.1 Company 1 (Saudi Arabia)
      2. 13.7.2 Company 2 (UAE)
      3. 13.7.3 Company 3 (UAE)
    14. Competition Landscape
    1. 14.1 Strategic Dashboard of Top Market Players
      14.2 Company Profiles (Introduction, Financial Assessments, Portfolio of Offerings, Milestones and Achievements, Strategic Initiative, and SWOT Analysis)
      1. 14.2.1 Aerospace Plastics Market – BASF SE
      2. 14.2.2 SABIC
      3. 14.2.3 Solvay S.A.
      4. 14.2.4 Victrex plc
      5. 14.2.5 Evonik Industries AG
      6. 14.2.6 Röchling Group
      7. 14.2.7 PPG Industries Inc.
      8. 14.2.8 Toray Industries Inc.
      9. 14.2.9 Hexcel Corporation
      10. 14.2.10 DuPont de Nemours Inc.
    15. Data Collection Method and Research Approach
    16. Principal Presumptions and Acronyms



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