Market Overview:
The global PMMA aviation plastic market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for PMMA aviation plastics from the commercial aircrafts, general and business aircrafts, military aircrafts, rotary aircrafts and other segments. In terms of application, cabin windows and windshields are expected to account for a major share of the global PMMA aviation plastic market during the forecast period. This can be attributed to the increasing demand for lightweight materials in these applications owing to stringent weight restrictions imposed by regulatory authorities across different regions. Cabin lighting is another key application segment for PMMA aviation plastics with significant growth potential over the forecast period.
Product Definition:
Polymethyl methacrylate (PMMA) is an aviation plastic that is often used in the manufacturing of aircraft windows, canopies, and other clear or translucent parts. PMMA has a high impact resistance and low coefficient of thermal expansion, making it ideal for use in high-stress applications where optical clarity is important.
Commercial Aircrafts:
Commercial aircrafts are used for passenger and freight transportation. They are designed to carry more passengers and cargo in a shorter span of time. The growth factor responsible for the increasing demand is due to the growing aviation industry across the globe, especially in emerging economies such as India, China, Brazil and Middle East countries.
General and Business Aircrafts:
General and business aircrafts are used in the production of lightweight aviation plastics such as PMMA. The increasing demand for general and business aircraft is expected to drive the market over the forecast period. General and business aircraft are used by military forces, police departments, fire departments, ambulatory services, etc., which have high priority for safety requirements owing to increased risk associated with these vehicles on account of their critical nature.
The growing trend towards replacing metal components with lightweight plastics in general.
Application Insights:
Cabin windows and windshields application segment accounted for the largest share of over 40% in 2017. The growing demand for lightweight and high strength plastic is expected to drive the product demand in this application over the forecast period. PMMA is used to make cabin windows owing to its impact resistance, thermal barrier properties, low weight, UV transparency and other advantages.
The use of PMMA as a replacement for traditional glass materials offers benefits such as higher safety standards during an impact test than that of glass; better visibility from outside during flight due to lack of internal reflections; lessens passenger anxiety due to panic factor reduced by 50% when compared with traditionally made window glasses; consumes less space resulting in lesser amount of baggage allowance per passenger on board aircraft; provides protection against extreme cold weather conditions along with excellent visibility at low temperatures below 0°F.; eliminates 99% UV rays which leads towards increased durability & efficiency along with a lower maintenance cost.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of 59.1% in 2017. This is attributed to increasing demand from the commercial sector, which includes passenger and business aircrafts. The region will retain its leading position throughout the forecast period owing to rising disposable income and growing middle-class population, thereby fueling product demand from aviation industry as well as other applications such as marine application for windows on ships and submarines.
Europe was estimated at USD X million in 2017 and is expected to witness significant growth over the forecast period due to high replacement rate for aging aircrafts coupled with rise in tourism activities across countries such as Spain, Italy, Germany among others are expected drive product demand over next eight years.
Growth Factors:
- Increasing demand for PMMA in the aviation industry as a result of its lightweight and high strength properties.
- Growing popularity of plastic aircraft as they are more fuel-efficient and environment-friendly than traditional metal aircrafts.
- Rising demand for PMMA in wind turbine blades due to its excellent mechanical properties and low weight.
- Increasing use of PMMA in transparent armor applications due to its high impact resistance and transparency levels.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polymethyl Methacrylate (PMMA) Aviation Plastic Market Research Report
By Type
Commercial Aircrafts, General and Business Aircrafts, Military Aircrafts, Rotary Aircrafts, Others
By Application
Cabin Windows and Windshields, Cabin Lighting, Overhead Storage Bins, Aircraft Panels, Aircraft Canopy, Others
By Companies
BASF SE, Victrex, Drake Plastics, SABIC, Solvay, Evonik
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Polymethyl Methacrylate (PMMA) Aviation Plastic Market Report Segments:
The global Polymethyl Methacrylate (PMMA) Aviation Plastic market is segmented on the basis of:
Types
Commercial Aircrafts, General and Business Aircrafts, Military Aircrafts, Rotary Aircrafts, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cabin Windows and Windshields, Cabin Lighting, Overhead Storage Bins, Aircraft Panels, Aircraft Canopy, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF SE
- Victrex
- Drake Plastics
- SABIC
- Solvay
- Evonik
Highlights of The Polymethyl Methacrylate (PMMA) Aviation Plastic Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Commercial Aircrafts
- General and Business Aircrafts
- Military Aircrafts
- Rotary Aircrafts
- Others
- By Application:
- Cabin Windows and Windshields
- Cabin Lighting
- Overhead Storage Bins
- Aircraft Panels
- Aircraft Canopy
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polymethyl Methacrylate (PMMA) Aviation Plastic Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polymethyl methacrylate (PMMA) is a type of plastic that is often used in aviation because it is strong and lightweight. It can be molded into many shapes, and it doesn't corrode or degrade in the environment.
Some of the key players operating in the polymethyl methacrylate (pmma) aviation plastic market are BASF SE, Victrex, Drake Plastics, SABIC, Solvay, Evonik.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polymethyl Methacrylate (PMMA) Aviation Plastic Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Polymethyl Methacrylate (PMMA) Aviation Plastic Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Polymethyl Methacrylate (PMMA) Aviation Plastic Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Polymethyl Methacrylate (PMMA) Aviation Plastic Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Polymethyl Methacrylate (PMMA) Aviation Plastic Market Size & Forecast, 2020-2028 4.5.1 Polymethyl Methacrylate (PMMA) Aviation Plastic Market Size and Y-o-Y Growth 4.5.2 Polymethyl Methacrylate (PMMA) Aviation Plastic Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Commercial Aircrafts
5.2.2 General and Business Aircrafts
5.2.3 Military Aircrafts
5.2.4 Rotary Aircrafts
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Cabin Windows and Windshields
6.2.2 Cabin Lighting
6.2.3 Overhead Storage Bins
6.2.4 Aircraft Panels
6.2.5 Aircraft Canopy
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polymethyl Methacrylate (PMMA) Aviation Plastic Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Polymethyl Methacrylate (PMMA) Aviation Plastic Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Commercial Aircrafts
9.6.2 General and Business Aircrafts
9.6.3 Military Aircrafts
9.6.4 Rotary Aircrafts
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Cabin Windows and Windshields
9.10.2 Cabin Lighting
9.10.3 Overhead Storage Bins
9.10.4 Aircraft Panels
9.10.5 Aircraft Canopy
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Commercial Aircrafts
10.6.2 General and Business Aircrafts
10.6.3 Military Aircrafts
10.6.4 Rotary Aircrafts
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Cabin Windows and Windshields
10.10.2 Cabin Lighting
10.10.3 Overhead Storage Bins
10.10.4 Aircraft Panels
10.10.5 Aircraft Canopy
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Commercial Aircrafts
11.6.2 General and Business Aircrafts
11.6.3 Military Aircrafts
11.6.4 Rotary Aircrafts
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Cabin Windows and Windshields
11.10.2 Cabin Lighting
11.10.3 Overhead Storage Bins
11.10.4 Aircraft Panels
11.10.5 Aircraft Canopy
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Commercial Aircrafts
12.6.2 General and Business Aircrafts
12.6.3 Military Aircrafts
12.6.4 Rotary Aircrafts
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Cabin Windows and Windshields
12.10.2 Cabin Lighting
12.10.3 Overhead Storage Bins
12.10.4 Aircraft Panels
12.10.5 Aircraft Canopy
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Commercial Aircrafts
13.6.2 General and Business Aircrafts
13.6.3 Military Aircrafts
13.6.4 Rotary Aircrafts
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Cabin Windows and Windshields
13.10.2 Cabin Lighting
13.10.3 Overhead Storage Bins
13.10.4 Aircraft Panels
13.10.5 Aircraft Canopy
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Polymethyl Methacrylate (PMMA) Aviation Plastic Market: Competitive Dashboard
14.2 Global Polymethyl Methacrylate (PMMA) Aviation Plastic Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF SE
14.3.2 Victrex
14.3.3 Drake Plastics
14.3.4 SABIC
14.3.5 Solvay
14.3.6 Evonik