Chemical industry reports Aerospace Plastics Market Oulook | Page 2

Your CatalystTo a Lucrative Business
Applications comprise wings & rotor blades, airframe & fuselage, and cabin areas. Airframe & fuselage was the
biggest segment in 2013. Demand for aerospace plastics in wings & rotor blades surpassed 7, 900 tons in 2014.
‘Plastics adoption’ in wings makes the latter quite resistant to metal fatigue. Demand for cabin area
applications would grow at over 5 percent CAGR till 2024.
Polymers are polyether ketone ketone (PEKK), polyether ether ketone (PEEK), and polymethyl methacrylate
(PMMA). PEKK was nearly USD 74.5 million in 2014. It has high ‘glass transition temperature’ & ‘mechanical
load.’ PMMA generated around USD 168 million in 2014. It is used in flight decks & cockpits owing to i ts
lightweight features.
Aerospace plastics do not rust and can function better than other materials. This characteristic bodes well for
the aerospace plastics market and drives its incomes. End-users consist of military aircrafts, general aviation,
and commercial & freighter aircrafts. Commercial & freighter was the biggest segment in 2013. Military
aircrafts are likely to experience the fastest growth.
Geographical regions encompass Europe, Asia Pacific, North America, and rest of the world. Europe domina ted
the global market in 2013. This region and Asia Pacific may be lucrative in the near future.
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/plastics-
polymers-and-resins-industry
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