Aerospace Plastics Market Insights, Growth and Analysis to 2022: Hexa Reports

Hexa Reports
Market Research Reports and Insightful Company Profiles

Aerospace Plastics Market Analysis, Share and Size,
Emerging Trends, Growth, Overview, Outlook And Segment
Forecasts To 2022

The global flame retardants for aerospace plastics market is expected to reach USD 29.1million by 2022,
according to a new report by Grand View Research, Inc. Growing plastics demand owing to lower
airframe weight and fuel savings is anticipated to remain a major driving factor for the global market.
Increasing air passenger traffic and evolving safety standards are also expected to have a positive
influence on industry growth. Volatile price of key raw materials such as aluminum, phosphorous and
nitrogen are expected to pose challenges to industry growth.
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Aluminum trihydrate (ATH) was the most popular flame retardant used widely as a synergist across
aerospace plastic applications, on account of its low cost and abundant availability. ATH accounted for
over 40% of total demand in 2014. Organophosphates/phosphorous compounds are expected to
witness the highest growth of 5.9% from 2015 to 2022.
Further key findings from the report suggest:
Global flame retardants for aerospace plastics market volume was 4,099.7 tons in 2014 and is expected
to reach 5,763.1 tons by 2022, growing at a CAGR of 5.3%from 2015 to 2022

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Carbon fiber reinforced plastics (CFRP) emerged as the leading application segment and accounted for
over 30% of total demand in 2014. The material is widely utilized in defense jets as armor shields owing
to its high impact resistance, in order to reduce accidental damage to engine pylons. CFRP is also
expected to witness the highest growth of 5.8% from 2015 to 2022.
Polycarbonates is also expected to witness significant growth owing to their increasing...