| Study Period | 2020 - 2030 |
| Market Size (2025) | USD 17.66 Billion |
| Market Size (2030) | USD 26.61 Billion |
| CAGR (2025 - 2030) | 8.55 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Aerospace Plastics Market Analysis
The Aerospace Plastics Market size is estimated at USD 17.66 billion in 2025, and is expected to reach USD 26.61 billion by 2030, at a CAGR of 8.55% during the forecast period (2025-2030).
Lightweight and highly durable, plastics are increasingly replacing aluminum and steel components in airplanes. As a result, their presence in the overall structure of aircraft is on the rise. With growing applications in aerospace — from cabin interiors and structural components to electrical panels, windows, windshields, and canopies — the demand for aerospace plastics is set to surge in the coming years.
The market showcased increased demand for new aircraft as part of the fleet expansion and modernization programs initiated by respective end-users in the military, commercial, general aviation, and space sectors. The aerospace plastics market is expanding due to increased demand for lightweight, high-strength materials that enhance aircraft fuel efficiency and performance. Advanced polymers, including PEEK, PPS, and polycarbonates, are essential in structural components, interiors, and electrical systems because of their durability, corrosion resistance, and thermal stability. Growth in commercial and military aircraft production, combined with broader adoption of composite materials, drives market expansion. Industry participants are developing innovative manufacturing techniques and sustainable solutions to comply with aviation regulations while improving aircraft efficiency.
Producing aerospace-grade plastics requires compliance with stringent regulations and specifications, including UL94, FAR 25.853, ASTM, DFAR, and several MIL-PRF standards. These rigorous standards drive up R&D costs, creating a barrier for new entrants lacking the necessary technical expertise.
Aerospace Plastics Market Trends
Cabin Interiors to Witness Higher Growth During the Forecast Period
Plastics are used to design and manufacture several cabin components, such as air ducts, cabin partitions, floor panels, and overhead luggage bins. The aircraft manufacturing industry is focusing on reducing the aircraft's overall weight while maintaining or even improving its total load-carrying capacity. Thus, the need to design and produce high-performance aircraft within a weight constraint is the main driver for aircraft OEMs to use lightweight composites in manufacturing.
Airlines are focused on maintaining a consistent brand image and capturing the lucrative business traveler consumer segment. Retrofitting activities of old aircraft cabins range from individual seats to entire cabins. Operators are increasingly retrofitting their fleets as cost-effective solutions over procuring new aircraft. Thus, they are striving to achieve the right balance between cost and aesthetics. Such factors drive the adoption of plastics for cabin applications as monetary and safety benefits yielded by plastics render them appropriate for usage in such applications.
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Europe to Dominate the Market During the Forecast Period
Air travel in Europe is increasing due to higher disposable income, lifestyle changes, and competitive airline services. Aircraft manufacturers are modernizing their fleets to enhance service quality. The growth of low-cost carriers in emerging economies is driving the aerospace plastics market. These airlines primarily operate narrow-body aircraft for short-haul routes, which are cost-effective to maintain. This trend has increased the demand for narrow-body aircraft and their cabin interiors, subsequently expanding the aerospace plastics market.
Europe boasts a robust network of low-cost airlines, now reaching most destinations across the continent. Ryanair, hailing from Dublin and based at Dublin Airport, stands as Europe's largest airline, catering to 152 million travelers annually. Similarly, easyJet, another prominent low-cost carrier, operates hundreds of routes spanning various European nations and extending to North Africa, Turkey, and Israel. In 2023, European carriers ramped up orders for aircraft, emphasizing a shift towards eco-friendly and efficient planes. Airbus, in particular, reaped the rewards, highlighted by Air France-KLM's landmark acquisition of 50 Airbus A350s and 4 A350 Freighters. Air France, since July 2023, has been actively modernizing its fleet, introducing the newly configured Airbus A350-900. This revamped model boasts 292 seats: 48 in Business, 32 in Premium Economy, and a spacious 212 in Economy. Such developments signal a promising trajectory for the aerospace plastics market in Europe.
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Aerospace Plastics Industry Overview
The aerospace plastics market is fragmented and directly influenced by macroeconomic factors and other trends that affect the aerospace industry, such as possible market consolidation through backward integration activities of aircraft OEMs. Market players' revenues also depend on sales to airline operators, aircraft, and space system manufacturers; hence, they are cyclic. Some of the key market players are Paco Plastics, Inc., 3P Performance Plastics Products, Loar Group, Inc., Ensinger GmbH, and Toray Industries, Inc.
The manufacturers of aerospace plastics invest in developing advanced systems for integration in modern aircraft to complement or enhance their performance characteristics, including safety. Such programs expose companies to certain risks associated with design responsibility, the development of new production tools, more capital and funding commitments, delivery schedules, and unique contractual requirements.
Aerospace Plastic Market Leaders
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Paco Plastics, Inc.
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3P Performance Plastics Products
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Loar Group, Inc.
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Ensinger GmbH
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Toray Industries, Inc.
- *Disclaimer: Major Players sorted in no particular order
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Aerospace Plastics Market News
- October 2023: Demgy Group acquired E.I.S. Aircraft GmbH, a German company that manufactures thermoplastic and composite components for aerospace. Demgy Group will be able to consolidate its activities in Germany and support its regional leadership through the acquisition, boosting the processing of high-value-added plastics, composites, and high-performance polymers for the aeronautics industry.
- January 2023: Toray Industries, Inc. announced a USD 780 million investment towards increasing its production capacity for carbon fiber materials used in hydrogen fuel tanks and airplanes by 2025.
Aerospace Plastics Industry Segmentation
In an aircraft, plastic is typically used for interior applications, such as air ducts, cabin partitions, floor panels, and overhead luggage bins. Plastics are also used on aircraft structural components, including wing ribs and spars, fuel tank covers, landing gear hubcaps, pylon fairings, and radomes. In addition, plastics are used to design and manufacture avionics sensor plates, electronic component mounting brackets, and ventilation impeller blades. Also, plastics are widely used in spacecraft construction for plastic seals, flooring, seating, and instrumentation panels.
The aerospace plastics market is segmented by end-user, application, and geography. By end-user, the market is segmented into aviation and space. The aviation segment is further classified into military aircraft, commercial and freighter aircraft, helicopters, and general aviation. By application, the market is segmented into aerostructure, cabin interiors, propulsion systems, and satellites. The report also covers the market sizes and forecasts for the aerospace plastics market in major countries across different regions. For each segment, the market size is provided in terms of value (USD).
| End-user | Aviation | Military Aircraft | |
| Commercial and Freighter Aircraft | |||
| Helicopters | |||
| General Aviation | |||
| Space | |||
| Application | Aerostructure | ||
| Cabin Interiors | |||
| Propulsion Systems | |||
| Satellites | |||
| Geography | North America | United States | |
| Canada | |||
| Europe | United Kingdom | ||
| France | |||
| Germany | |||
| Russia | |||
| Rest of Europe | |||
| Asia-Pacific | China | ||
| India | |||
| Japan | |||
| South Korea | |||
| Rest of Asia-Pacific | |||
| Latin America | Brazil | ||
| Rest of Latin America | |||
| Middle East and Africa | Saudi Arabia | ||
| United Arab Emirates | |||
| Turkey | |||
| Rest of Middle East and Africa | |||
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Aerospace Plastics Market Research Faqs
How big is the Aerospace Plastics Market?
The Aerospace Plastics Market size is expected to reach USD 17.66 billion in 2025 and grow at a CAGR of 8.55% to reach USD 26.61 billion by 2030.
What is the current Aerospace Plastics Market size?
In 2025, the Aerospace Plastics Market size is expected to reach USD 17.66 billion.
Who are the key players in Aerospace Plastics Market?
Paco Plastics, Inc., 3P Performance Plastics Products, Loar Group, Inc., Ensinger GmbH and Toray Industries, Inc. are the major companies operating in the Aerospace Plastics Market.
Which is the fastest growing region in Aerospace Plastics Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Aerospace Plastics Market?
In 2025, the Europe accounts for the largest market share in Aerospace Plastics Market.
What years does this Aerospace Plastics Market cover, and what was the market size in 2024?
In 2024, the Aerospace Plastics Market size was estimated at USD 16.15 billion. The report covers the Aerospace Plastics Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Aerospace Plastics Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Aerospace Plastics Industry Report
Statistics for the 2025 Aerospace Plastics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Aerospace Plastics analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
