Asia Pacific Aerospace Plastics Market Size, Share, Growth, Trends and Industry Analysis: By Polymer Type, PMMA, PC, PPS, ABS ), By Aircraft Type, By Application, and Country Forecast 2020-2031
Asia Pacific Aerospace Plastics Market size was valued at US$ 72.77 billion in 2024 and is expected to reach US$ 118.78 million by 2031, growing at a significant CAGR of 7.3% from 2025-2031. Development and launch of innovative aerospace plastics by the market players enables surge in the aerospace plastics market demand over the forecast years. For instance. In 2018, Drake Plastics Ltd. (U.S.) launched the new aerospace plastics which has a wide range of application.
Moreover, launch of newer products in various countries enables the growth of aerospace plastics market over the forecast years. Based on aircraft type, the market is segmented into commercial, general and business aircraft, military aircraft, and rotary aircraft. The commercial aircrafts are witnessed to account for major revenue share over the forecast period due to its demand from the growing population and the advancement in technology. The market is consolidating as large players complementing each other’s businesses by means of collaborations and acquisitions. For instance, June 2017, BASF SE collaborated with Grolman in Europe in order to expand the business in aerospace, automotive and marine sector.
Plastic is being used by aircraft manufacturers to make aircraft components because of its advantages such as lightweight and corrosion resistance. The aircraft's weight is reduced, which improves fuel efficiency. Furthermore, when compared to metals/alloys, plastic can be manufactured at a lower cost. Furthermore, rising fuel costs and the accompanying incentives to make aircraft more efficient are expected to drive this growth. However, the price of the plastic fluctuates dramatically due to changes in the price of crude oil. Furthermore, the aerospace sector is expanding rapidly in developing economies, providing a lucrative opportunity for the market during the forecast period.
Asia Pacific aerospace plastics market report gives comprehensive outlook on aerospace plastics market across the regions with special emphasis on key countries of Asia Pacific such as India, China, Japan, ASEAN and rest of Asia Pacific. The market report analyses the market in different countries of Asia Pacific. China accounted for major revenue share in the market due to emerging economies and increased demand from the growing population.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Market Size in 2024 |
US$ 72.77 billion |
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Market Size in 2031 |
US$ 118.78 million |
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By Polymer Type |
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By Aircraft Type |
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By Application |
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By Region |
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Asia Pacific aerospace plastics market size was valued at US$ 72.77 billion in 2024 and is projected to grow at a significant CAGR of 7.3% from 2025-2031.
The report covers the market data: China, India, Japan, Australia & New Zealand
The market key players are SABIC (Saudi Arabia), Victrex (UK), Drake Plastics Ltd. (US), Solvay (Belgium), BASF SE (Germany), Evonik (Germany)
| 1.Executive Summary |
| 2. Asia Pacific Aerospace Plastics Market Introduction |
| 2.1. Asia Pacific Aerospace Plastics Market - Taxonomy |
| 2.2. Asia Pacific Aerospace Plastics Market - Definitions |
| 2.2.1.Polymer Type |
| 2.2.2.Aircraft Type |
| 2.2.3.Application |
| 2.2.4.Region |
| 3. Asia Pacific Aerospace Plastics Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Asia Pacific Aerospace Plastics Market Analysis, 2020 - 2024 and Forecast 2025 - 2031 |
| 4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Asia Pacific Aerospace Plastics Market By Polymer Type, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 5.1. PEEK |
| 5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. PMMA |
| 5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. PC |
| 5.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. PPS |
| 5.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. ABS |
| 5.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6. Asia Pacific Aerospace Plastics Market By Aircraft Type, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 6.1. Commercial |
| 6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. General and Business |
| 6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Military |
| 6.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Rotary |
| 6.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7. Asia Pacific Aerospace Plastics Market By Application, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 7.1. Cabin Windows and Windshield |
| 7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Cabin Lighting |
| 7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Overhead Storage Bins |
| 7.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 8. Asia Pacific Aerospace Plastics Market By Region, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 8.1. China |
| 8.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. India |
| 8.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Australia and New Zealand (ANZ) |
| 8.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Japan |
| 8.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Rest of APAC |
| 8.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.China Aerospace Plastics Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 9.1. Polymer Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.PEEK |
| 9.1.2.PMMA |
| 9.1.3.PC |
| 9.1.4.PPS |
| 9.1.5.ABS |
| 9.2. Aircraft Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Commercial |
| 9.2.2.General and Business |
| 9.2.3.Military |
| 9.2.4.Rotary |
| 9.3. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Cabin Windows and Windshield |
| 9.3.2.Cabin Lighting |
| 9.3.3.Overhead Storage Bins |
| 9.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.India Aerospace Plastics Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 10.1. Polymer Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.PEEK |
| 10.1.2.PMMA |
| 10.1.3.PC |
| 10.1.4.PPS |
| 10.1.5.ABS |
| 10.2. Aircraft Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Commercial |
| 10.2.2.General and Business |
| 10.2.3.Military |
| 10.2.4.Rotary |
| 10.3. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Cabin Windows and Windshield |
| 10.3.2.Cabin Lighting |
| 10.3.3.Overhead Storage Bins |
| 10.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.Australia and New Zealand (ANZ) Aerospace Plastics Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 11.1. Polymer Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.PEEK |
| 11.1.2.PMMA |
| 11.1.3.PC |
| 11.1.4.PPS |
| 11.1.5.ABS |
| 11.2. Aircraft Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Commercial |
| 11.2.2.General and Business |
| 11.2.3.Military |
| 11.2.4.Rotary |
| 11.3. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Cabin Windows and Windshield |
| 11.3.2.Cabin Lighting |
| 11.3.3.Overhead Storage Bins |
| 11.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.Japan Aerospace Plastics Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 12.1. Polymer Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.PEEK |
| 12.1.2.PMMA |
| 12.1.3.PC |
| 12.1.4.PPS |
| 12.1.5.ABS |
| 12.2. Aircraft Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Commercial |
| 12.2.2.General and Business |
| 12.2.3.Military |
| 12.2.4.Rotary |
| 12.3. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Cabin Windows and Windshield |
| 12.3.2.Cabin Lighting |
| 12.3.3.Overhead Storage Bins |
| 12.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.Rest of APAC Aerospace Plastics Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 13.1. Polymer Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.PEEK |
| 13.1.2.PMMA |
| 13.1.3.PC |
| 13.1.4.PPS |
| 13.1.5.ABS |
| 13.2. Aircraft Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Commercial |
| 13.2.2.General and Business |
| 13.2.3.Military |
| 13.2.4.Rotary |
| 13.3. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Cabin Windows and Windshield |
| 13.3.2.Cabin Lighting |
| 13.3.3.Overhead Storage Bins |
| 13.4. Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.SABIC (Saudi Arabia) |
| 14.2.2.Victrex (UK) |
| 14.2.3.Drake Plastics Ltd. (US) |
| 14.2.4.Solvay (Belgium) |
| 14.2.5.BASF SE (Germany) |
| 14.2.6.Evonik (Germany) |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.
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