Aerospace Plastics Market Outlook and Forecast up to 2020: Grand View Research, Inc.
Grand View Research.com has announced the addition of "Aerospace Plastics Market Analysis and Segment Forecasts To 2020" Market Research report to their Database.
The Global Aerospace Plastics Market is expected to reach USD 13.48 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.
Airframe and fuselage was the largest application segment accounting for 14,356.3 tons of aerospace plastics demand in 2013. 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 2013.
Browse full research report on Global Aerospace Plastics Market: http://www.grandviewresearch.com/industry-analysis/aerospace-plastics-market
Further key findings from the study suggest:
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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:
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins
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