DUBLIN–(BUSINESS WIRE)–The “Aerospace Plastics Market Size, Share & Analysis, By Type, By Plastic Type, By Aircraft Type, By Application And By Region, Forecast To 2028” report has been added to ResearchAndMarkets.com’s offering.
Increasing adoption of light-weight aircrafts and preference for fuel-efficient material such as plastics for manufacturing aircraft components are key factors driving market growth.
Market Size – USD 16.90 Billion in 2020, Market Growth – CAGR of 6.3%, Market Trends – Rising number of air travelers, and increasing investments for fleet expansion with technologically advanced aircrafts.
The global aerospace plastics market size is expected to reach USD 27.74 Billion in 2028, and register a CAGR of 6.3% during the forecast period. Factors boosting growth of the global aerospace plastics market include the need for increasing the number of…