Aerospace Plastics Market Report 2026

The aerospace plastics market size has grown strongly in recent years. It will grow from $0.83 billion in 2025 to $0.88 billion in 2026 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to increasing aircraft production volumes, replacement of metal components with plastics, growth in commercial aviation demand, advancements in polymer processing, rising focus on maintenance cost reduction.

The aerospace plastics market size is expected to see strong growth in the next few years. It will grow to $1.12 billion in 2030 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to growing use of recyclable aerospace plastics, rising demand from electric and hybrid aircraft, expansion of advanced polymer formulations, increasing investments in sustainable aviation materials, growth of additive manufacturing in aerospace. Major trends in the forecast period include increasing adoption of lightweight plastic components, rising demand for high-temperature resistant polymers, growing use of plastics in aircraft interiors, expansion of composite-replacement materials, enhanced focus on corrosion-resistant solutions.

The growing number of air passengers worldwide is projected to drive the growth of the aerospace plastics market in the future. Air passengers refer to individuals who travel by air, usually on commercial airlines or private aircraft. The increase in air passengers raises the demand for aerospace plastics due to their lightweight properties, ability to enhance cabin passenger comfort, noise-reduction capabilities, safety features, and durability. For example, in September 2024, Eurostat, the Luxembourg-based Directorate-General of the European Commission, reported that in 2023, the EU carried 976 million air passengers, marking a 19% increase compared to 2022. Thus, the rising number of air passengers globally is propelling the growth of the aerospace plastics market.

Leading companies in the aerospace plastics market are developing innovative products, such as thermoplastic composite materials. These advanced materials consist of a thermoplastic matrix combined with reinforcing fibers like carbon, glass, or aramid. For example, in October 2024, Toray Industries, Inc., a Japan-based materials manufacturer, launched Toray Cetex TC1130 PESU (PolyEtherSulphone). This thermoplastic composite material is utilized in aircraft interior applications and offers outstanding fire, smoke, and toxicity (FST) performance, in addition to strong impact resistance and toughness.

In June 2024, Lee Aerospace, a U.S.-based aerospace company, acquired Llamas Plastics Inc. for an undisclosed amount. This acquisition allows Lee Aerospace to gain direct entry into the military and aerospace markets, diversify its product line, and expand its capacity. Llamas Plastics, Inc. is a U.S.-based manufacturer of aerospace plastics.

Major companies operating in the aerospace plastics market are Saudi Basic Industries Corporation, Badische Anilin- und Sodafabrik, Solvay SA, DuPont de Nemours Inc, Victrex plc, Evonik Industries AG, Saint-Gobain Performance Plastics, Drake Plastics Co Ltd, Mitsubishi Chemical Advanced Materials, Röchling SE & Co KG, HITCO Carbon Composites Inc, Hexcel Corporation, Owens-Corning Fiberglass Company, Polyfluor Plastics BV, Premium AEROTEC GmbH, Quadrant AG, Sumitomo Bakelite Co Ltd, Teijin Ltd, Toray Industries Inc, Huntsman Corporation, Koninklijke Ten Cate BV, Zylog Plastalloys Pvt Ltd.

North America was the largest region in the aerospace plastics market in 2025. Asia-Pacific is expected to be the fastest-growing region in the aerospace plastics market share during the forecast period. The regions covered in the aerospace plastics market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the aerospace plastics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The aerospace plastics market consists of sales of polyetheretherketone, thermosetting polyimide, polyamide-imide, polychlorotrifluoroethylene, and polytetrafluoroethylene. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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