Global Aerospace Plastics Market Size & Outlook, 2024-2030
The aerospace plastics industry worldwide is expected to reach a projected revenue of US$ 13,887.5 million by 2030. A compound annual growth rate of 9.6% is expected of the worldwide aerospace plastics industry from 2025 to 2030.
Revenue, 2024 (US$M)
$8,158.5
Forecast, 2030 (US$M)
$13,887.5
CAGR, 2025 - 2030
9.6%
Report Coverage
Worldwide
Global aerospace plastics market, 2019-2030 (US$M)
Related Markets
Global aerospace plastics market highlights
- The global aerospace plastics market generated a revenue of USD 8,158.5 million in 2024 and is expected to reach USD 13,887.5 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 9.6% by 2030.
- In terms of segment, polyetheretherketone (peek) accounted for a revenue of USD 5,435.3 million in 2024.
- Polyetheretherketone (PEEK) is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, China is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 8,158.5 million |
| Market revenue in 2030 | USD 13,887.5 million |
| Growth rate | 9.6% (CAGR from 2025 to 2030) |
| Largest segment | Polyetheretherketone (peek) |
| Fastest growing segment | Polyetheretherketone (PEEK) |
| Historical data covered | 2019 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyetheretherketone (PEEK), Polyphenylsulfone (PPSU), Polycarbonate (PC), Polyetherimide (PEI), Polymethyl Methacrylate (PMMA), Polyamide (PA), PolyPhenyleneSulfide (PPS), Polyamide-imide (PAI), Polyphenylene ether (PPE), Polyurethane (PU), Other Product |
Other key industry trends
- In terms of revenue, the North America accounted for 56.9% of the global aerospace plastics market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, China is the fastest growing regional market and is projected to reach USD 274.1 million by 2030.
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Aerospace Plastics Market Scope
Aerospace plastics market segmentation & scope
Aerospace Plastics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global aerospace plastics market size, by regions, 2019-2030 (US$M)
Top 10 countries: Aerospace plastics market size, 2024 (US$M)
Global aerospace plastics market share, by product, 2024 & 2030 (%, US$M)
Aerospace plastics market: Opportunity assessment by country
Global aerospace plastics market, by region, 2024 (US$M)
| Product | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 4,027.4 | 3,595.2 | 3,862.8 | 4,086.0 | 4,343.5 | 4,642.0 | 4,985.6 | 5,382.7 | 5,840.5 | 6,373.3 | 6,999.7 | 7,741.4 | 9.2% |
| Europe | 2,376.7 | 2,099.3 | 2,255.8 | 2,401.2 | 2,568.7 | 2,762.6 | 2,985.8 | 3,243.7 | 3,541.2 | 3,887.6 | 4,295.0 | 4,777.8 | 9.9% |
| Asia Pacific | 240.5 | 213.1 | 229.0 | 252.4 | 279.7 | 311.5 | 348.9 | 392.8 | 444.5 | 505.9 | 579.8 | 669.1 | 13.9% |
| Latin America | 300.5 | 253.7 | 272.6 | 288.9 | 307.6 | 329.4 | 354.4 | 383.3 | 416.7 | 455.5 | 501.1 | 555.2 | 9.4% |
| MEA | 121.4 | 100.1 | 107.5 | 108.8 | 110.6 | 113.0 | 116.1 | 119.9 | 124.4 | 129.8 | 136.2 | 144.0 | 4.4% |
| Overall | 7,066.5 | 6,261.4 | 6,727.8 | 7,137.3 | 7,610.1 | 8,158.5 | 8,790.8 | 9,522.4 | 10,367.2 | 11,352.1 | 12,511.9 | 13,887.5 | 9.6% |
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