Aerospace Plastics Market Trends and Segments Forecast To 2028
The global aerospace plastics market size was valued at USD 746 million in 2021 and is expected to reach USD 1,140 million by 2028, registering a CAGR of 5.6% from 2017 to 2028 Aerospace grade plastics are high-performance lightweight polymers used in aero planes for acoustic, thermal, and chemical resistance. Material utilization in modern advanced passenger aircrafts such as the A320neo series and the A350 XWB, among others, is bolstered by its light weight and high strength. Lightweight, impact-resistance, corrosion-resistance, durability and chemical-resistance are just a few of the benefits that plastic has to offer in the aerospace sector. Polymers including polyether ether ketone (PEEK), polycarbonates (PC), polymethyl methacrylate (PMMA), acrylonitrile butadiene styrene (ABS) and polyphenylene sulphide (PPS) are utilized in aeroplane parts such airframes, interiors, engine components, propulsion systems, mirrors, and ceilings. Plastics are lighter than metal, as they do no...