U.S. Aerospace Plastics Market Size & Outlook, 2024-2030
U.S. aerospace plastics market, 2019-2030 (US$M)
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U.S. aerospace plastics market highlights
- The U.S. aerospace plastics market generated a revenue of USD 3,303.5 million in 2024 and is expected to reach USD 5,522.4 million by 2030.
- The U.S. market is expected to grow at a CAGR of 9.2% from 2025 to 2030.
- In terms of segment, polyetheretherketone (peek) was the largest revenue generating product in 2024.
- Polyetheretherketone (PEEK) is the most lucrative product segment registering the fastest growth during the forecast period.
Aerospace plastics market data book summary
| Market revenue in 2024 | USD 3,303.5 million |
| Market revenue in 2030 | USD 5,522.4 million |
| Growth rate | 9.2% (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 |
Other key industry trends
- In terms of revenue, U.S. accounted for 40.5% of the global aerospace plastics market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. aerospace plastics market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 854.9 million by 2030.
Polyetheretherketone (peek) was the largest segment with a revenue share of 68.15% in 2024. Horizon Databook has segmented the U.S. 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.
According to the International Trade Administration, U.S. Department of Commerce, the U.S. is considered a leading aerospace market. The country has a number of aircraft manufacturers such as Boeing, Lockheed Martin Corporation, Gulfstream Aerospace Corporation, and Airbus Helicopters, Inc., which has contributed to its growth.
In October 2022, United Airlines, one of the major airlines in the U.S., announced that it is planning to order over 100 widebody jets and is estimating orders for Airbus SE's A350 and Boeing Co's 787 Dreamliner. The agreement is expected to be announced by the end of 2022.
The demand for widebody jets is resuming owing to recovery in international and business travel. The increasing demand for aircraft is expected to positively affect the aerospace industry over the forecast period.
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Aerospace Plastics Market Scope
Aerospace Plastics Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. aerospace plastics market size, by product, 2019-2030 (US$M)
U.S. Aerospace Plastics Market Outlook Share, 2024 & 2030 (US$M)
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