Global Aerospace Plastics Market Expected To Reach USD Billion By 2020 Grand View Research has announced the addition of "Global Aerospace Plastics Market Analysis And Segment Forecasts To 2020" Market Research report to their DatabaseGlobal Aerospace Plastics Market Analysis And Segment Forecasts To 2020

The global market for aerospace plastics ( analysis/aerospace- plastics-market) is expected to reach USD billion by 2020, according to a new study by Grand View Research, Inc. These plastics are preferred substitutes for aluminum and steel in the aviation industry mainly because of high performance and low weight which results in better fuel efficiency. Increasing passenger traffic across emerging markets is expected to boost the demand for new aircraft which in turn would augment the demand for aerospace plastics. In addition, the market will be further augmented by emerging trends in composites and nanocomposites. analysis/aerospace-plastics-market Airframe and fuselage was the largest application segment accounting for 14,356.3 tons of aerospace plastics demand in Aerospace plastics are extensively used in cabin areas application owing to high pressure resistance properties and accounted for over 12,400 tons of aerospace demand in The report “Aerospace Plastics Market By Application (Airframe & Fuselage, Wings & Rotor Blades, Empennage, Flight Deck & Cockpit, Cabin Areas), By End User (Commercial & Freighter Aircrafts, Military Aircrafts, Rotary Aircrafts, General Aviation) And Segment Forecasts To 2020” is available now to Grand View Research customers and can also be purchased directly at plastics-markethttp:// plastics-market

Further key findings from the study suggest: Global aerospace plastics demand was 51,146.5 tons in 2013 and is expected to reach 112,503.1 tons by 2020, growing at a CAGR of 12.0% from 2014 to Europe was the largest regional market for aerospace plastics with revenue USD 3.45 billion in The presence of large aircraft manufacturers coupled with significant number of aerospace OEM’s is expected to boost the demand for plastics in the region. In addition, the region is also expected to witness significant growth, at an estimated CAGR of 8.0% from 2014 to Military aircrafts are expected to witness fastest growth for plastics, at an estimated CAGR of 13.1% from 2014 to 2020, in terms of volume. Increasing security concerns worldwide are expected to drive demand in this segment. Commercial and freighter aircrafts were the largest end use segment in 2013 with plastic demand of 36,392.9 tons owing to increased number of passengers opting for air transport coupled with increasing number of service providers. This segment is expected to grow at a CAGR of 12.1% from 2014 to Key Companies in the market include Zoltek, Mitsubishi Heavy Industries, Hexcel Corporation, SGL Carbon, and Toray Carbon Fibers America Inc. For More

Request free sample of this report plastics-market/requesthttp:// plastics-market/request For the purpose of this study, Grand View Research has segmented the global aerospace plastics market on the basis of application, end use and region: Aerospace Plastics Application Outlook (Volume, Tons; Revenue, USD Million, ) Airframe and Fuselage Wings and Rotor Blades Empennage Flight Deck and Cockpit Cabin Areas Others (Engine, Wing Box) Aerospace Plastics End Use Applications Outlook (Volume, Tons; Revenue, USD Million, ) Commercial and Freighter Aircrafts Military Aircrafts Rotary Aircrafts General Aviation Aerospace Plastics Regional Outlook (Volume, Tons; Revenue, USD Million, ) North America Europe Asia Pacific RoW

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