It is estimated that the aerospace high-performance thermoplastics market will grow at a lucrative CAGR of 6.5% during the next five years (2020-2025). Some of the key factors bolstering the growth of aerospace HPTP market are listed below.

• Increasing production rates of B787, F35, and A350XWB programs
• Increasing commercial and regional aircraft deliveries
• Rising demand for lightweight and corrosion-resistant parts
• Increasing penetration of composites in newer generation aircraft
• Low processing cost of thermoplastic composites as compared to the thermoset composites

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Aerospace High-Performance Thermoplastics Market Segment Insights:

By Aircraft Type:

Commercial aircraft segment is expected to remain the largest and fastest-growing segment of the market during the forecast period. However, all the other segments also generate sizeable opportunities for HPTPs.

By Resin Type:

PPS is expected to remain the largest segment of the market during the forecast period. PPS resins offer various advantages such as high-temperature performance, dimensional stability, and excellent electrical insulation properties. This makes them the preferred material for a wide array of applications in the aerospace industry, such as clips, cleats, doors, refuelling and fuel systems, pipe holders, electrical components, and cable ducts where engineering thermoplastics prove to be unsuitable.

By Region:

Among all the regions studied in the report, North America is expected to remain the largest market for aerospace HPTPs during the forecast period. The USA is the growth engine of the region’s market with the presence of major aircraft OEMs, tier players, raw material suppliers, and part fabricators. Most of the major HPTP manufacturers have their presence in the region to address the emergent needs of the OEMs in order to be the partner for their upcoming aircraft programs or upcoming fuel-efficient variants of existing aircraft programs.

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Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

Based on the research, a proper report is crafted with the following key features:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

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