Chemical Market Reports Aerospace Plastics Market Research Report
Hexa Research
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Aerospace Plastics Market Analysis, Size, Share, Growth,
Industry Trends and Forecast Report up to 2024 | Hexa Research
The global aerospace plastics market stood nearly 57 kilotons in 2014. It is estimated to
grow at over 10 percent CAGR from 2016 to 2024 (forecast period). Regulatory policies
coupled with robust fiscal aid should be the key market propeller. The market will also be
driven by usage in airplanes, alternatives for steel & aluminium, and expansion in the
aviation industry.
The aviation industry is likely to observe high growth across Middle Eastern nations; like
Qatar, U.A.E., and Saudi Arabia. Higher air traffic in defense & commercial sectors has
contributed sales for the North American market. Strict policies on petro-based products can
hamper feedstock (high-grade plastics, etc.) availability.
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