The global aerospace plastics market revenue is expected to expand at a lucrative CAGR over the forecast period. Rising demand for aerospace plastics in applications such as airframe, cabin interior, empennage, and fuselage owing to their high strength and lightweight properties are expected to drive revenue growth of target market over the forecast period.

The global aerospace plastics market report has been segmented on the basis of application, end-use, and region.

On the basis of application, the global aerospace plastics market has been segmented into aircraft frame, components, cabin interior, wings and rotor blades, and others (airframe, fuselage, tooling board, tooling board, and empennage). The cabin interior segment is expected to grow at a steady rate over the forecast period. Properties of aerospace plastics such as lightweight, corrosion resistant, and chemical resistant are expected to drive revenue growth of this segment.

On the basis of end-use, the global target market has been segmented into commercial aircrafts, military aircrafts, rotary aircrafts, and general aviation. The military aircrafts segment is expected to witness higher growth rate over the forecast period. Increasing spending on aircrafts owing to rising security and defense concerns is expected to support revenue growth of this segment over the forecast period.

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On the basis of region, the global aerospace plastics market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific market is expected to grow at a moderate rate over the forecast period. Rising investments in the aerospace industry by emerging economies such as China, India, and Japan is expected to drive revenue growth of Asia Pacific aerospace plastics market.

Key players operating in the global aerospace plastics market include General Plastics Manufacturing Company, Hyosung Corporation, Saudi Basic Industries Corporation, Premium Aerotec GmbH, ZOLTEK Corporation, Teijin Carbon Europe GmbH, Paco Plastics & Engineering, Inc., Vantage Plane Plastics, Cytec Industries Inc., and SGL Carbon SE.