Market revenue in 2024 | USD 454.0 million |
Market revenue in 2030 | USD 861.5 million |
Growth rate | 11.6% (CAGR from 2025 to 2030) |
Largest segment | Polyetheretherketone (peek) |
Fastest growing segment | Polyetheretherketone (PEEK) |
Historical data | 2019 - 2023 |
Base year | 2024 |
Forecast period | 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 |
Key market players worldwide | Victrex PLC, SABIC, Solvay SA, Basf SE, Evonik Industries AG, Toray Industries Inc, Compagnie de Saint-Gobain SA, DuPont de Nemours Inc, Celanese Corp Class A, Sumitomo Chemical Co Ltd, Covestro AG, Mitsubishi Chemical Group Corp, PPG Industries Inc |
Polyetheretherketone (peek) was the largest segment with a revenue share of 70.13% in 2024. Horizon Databook has segmented the Germany aerospace plastics market based on 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 covering the revenue growth of each sub-segment from 2019 to 2030.
The aerospace industry in Germany has been growing for the last two decades owing to which it is one of the best-performing sectors in the country. Its powerful manufacturing base, heavily invested R&D infrastructure, and available highly qualified engineers and professionals have made them one of the leading players in the global aerospace industry.
Airbus, Collins Aerospace, Diehl Aviation, German Aerospace Center (DLR), and Liebherr Aerospace are some of the major aerospace companies in the country. In April 2021, Airbus announced two aero structure assembly companies in Germany and France.
The newly formed company in France would merge the operations currently managed by Airbus in Saint Nazaire and Nantes with those of STELIA Aerospace, internationally. Additionally, Airbus is planning to introduce a new German player in the detail components business.
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