Aerospace Plastics Market, Aerospace Plastic Market

Aerospace Plastics Market – SABIC (Saudi Arabia) and Victrex (UK) are the Leading Players

According to the market research report Aerospace Plastics Market by Polymer Type (PEEK, PMMA, PC, PPS, ABS), Aircraft Type (Commerical, General & Business, Military, Rotary), Application (Cabin Windows & windshield, Cabin Lighting, Overhead Storage Bins), and Region – Global Forecast to 2023″, The aerospace plastics market is projected to grow from USD 14.7 billion in 2018 to USD 20.7 billion by 2023 at a CAGR of 7.1% from 2018 to 2023.

The growth of the aerospace plastics market can be attributed to the increasing demand for lightweight and more efficient aircraft, increasing passenger transportation due to affordable carriers in emerging regions, replacement of old aircraft and modernization of existing aircrafts, and growth of the aviation industry in developing economies.

Browse 140 market data Tables and 50 Figures spread through 160 Pages and in-depth TOC on “Aerospace Plastics Market – Forecast to 2023”
View detailed Table of Content here

SABIC (Saudi Arabia), Victrex (UK), Drake Plastics Ltd. (US), Solvay (Belgium), BASF SE (Germany), and Evonik (Germany), are some of the leading players operating in the aerospace plastics market. These players have adopted strategies such as expansions, new product launches, investment, partnership, joint venture, and contract to cater to the increased demand for aerospace plastics from various end-user industries.

SABIC is a leading global manufacturer of aerospace plastics. The company has strong sales and distribution networks across the globe. In February 2018, the company planned to increase the production of Ultem resin in Singapore for its customers based in Asia. This new production facility will help in increasing its global production by 50% and is expected to become operational in the first half of 2021.

Sample Pages:

Victrex is among the prominent players in the aerospace plastics market and offers a broad product portfolio. The company achieves strong growth through organic and inorganic growth strategies such as partnerships and investments. These strategies have also helped strengthen its competitive position in the market. For instance, in September 2018, Victrex partnered with the University of Exeter (UK) to introduce next-generation PAEK polymers and composites for additive manufacturing to be used in the aerospace industry. This partnership acted as a stepping stone for both parties to develop a broader platform for new and current additive manufacturing technologies.

Drake Plastics Ltd. is a pioneer in the production of Torlon [a wear–resistant polyamide-imide (PAI) with high strength and stiffness] and PEEK products. The company has made significant R&D investments over the years to enhance its product portfolio. For instance, in March 2017, Drake added extruded Ryton R4 to its product portfolio. Ryton’s properties and characteristics such as strength, stiffness, and chemical inertness across different environments make it suitable for aerospace applications.

Get 10% FREE Customization @

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Mr. Sanjay Gupta
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441



Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s