The global aerospace plastics market size is expected to reach USD 483.29 billion by 2034, according to a new study by Polaris Market Research. The report “Aerospace Plastics Market Size, Share, Trends, Industry Analysis Report: By Process, Product, End-Use (General Aviation, Rotary Aircraft, Commercial & Freighter Aircraft, and Military Aircraft), Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Aerospace plastics are used in the manufacturing of aerospace equipment to meet stringent safety and operational requirements. These plastics are lightweight, have high durability, and offer excellent weather, impact, and corrosion resistance. Polytetrafluoroethylene (PTFE), polyimide, and acrylonitrile butadiene styrene (ABS) are some commonly used aerospace plastics.
Aerospace manufacturers are increasingly using advanced and high-performance plastics in the design and production of aircraft components as part of their ongoing efforts to improve performance, reduce emissions, and increase fuel efficiency. These plastics are used to make radomes, airplane frames, and some propulsion system parts. Their natural transparency makes them apt for airplane windows and canopies. Also, the excellent corrosion resistance of aerospace plastics means they are suitable for managing surfaces and other external elements that are exposed to harsh weather conditions.
The rising demand for new aircraft globally, fueled by growing air traffic and the replacement of older fleets with more modern, efficient models, is driving the aerospace plastics market expansion. Growing emphasis on environmental sustainability is anticipated to create several opportunities for market participants in the coming years.
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Aerospace plastics market key players are using several strategies, including agreements, mergers and acquisitions, and agreements to meet the growing demand for aircraft plastics and increase their market position. Companies are also launching innovative products into the market to fulfill rising consumer demand.
Aerospace Plastics Market Segmentation
By Process Outlook (Revenue – USD Billion, 2020–2034)
By Product Outlook (Revenue – USD Billion, 2020–2034)
By End-Use Outlook (Revenue – USD Billion, 2020–2034)
By Application Outlook (Revenue – USD Billion, 2020–2034)
By Regional Outlook (Revenue – USD Billion, 2020–2034)
Report Attributes |
Details |
Market Size Value in 2024 |
USD 18.99 billion |
Market Size Value in 2025 |
USD 26.10 billion |
Revenue Forecast by 2034 |
USD 483.29 billion |
CAGR |
38.3% from 2025 to 2034 |
Base Year |
2024 |
Historical Data |
2020–2023 |
Forecast Period |
2025–2034 |
Quantitative Units |
Revenue in USD billion and CAGR from 2025 to 2034 |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
|
Regional Scope |
|
Competitive Landscape |
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Report Format |
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Customization |
Report customization as per your requirements with respect to countries, regions, and segmentation. |
For Specific Research Requirements |