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Home » Aerospace and Defense » Aircraft Interior Thermoplastics Market Report 2030

Aircraft Interior Thermoplastics Market By Product Type (Polyetheretherketone [PEEK], Polycarbonate [PC], Polyphenylene Sulfide [PPS], Acrylonitrile Butadiene Styrene [ABS], Others); By Application (Seating Components, Cabin Linings and Panels, Overhead Bins, Lavatory Fittings, Window Shades, Others); By Geography, Segment revenue estimation, Forecast, 2024–2032.

Published On: NOV-2024   |   Base Year: 2022   |   No Of Pages: 150   |   Historical Data: 2017-2021   |   Formats: PDF   |   Report ID: 65016388

The aircraft interior thermoplastics market size was around $2.5 billion in 2023 and is expected to reach around $4.2 billion at a CAGR of 7.2% during the forecast period 2023-2030. The growth is attributed to the high growth of lightweight materials for fuel efficiency, the growing demand for air travel, and standard regulatory bodies enforcing sustainable aviation programs.

 

Aircraft interior thermoplastics are well-defined, specific end-use products in the commercial, military, and private aircraft manufacturing industries. These materials, which are light, strong, heat-resistant, and non-deforming, are gradually replacing more traditional heavy metals in aircraft manufacturing.

 

Thermoplastics are widely used in contemporary aviation due to their ability to decrease the overall weight of the aircraft, decreasing fuel requirements and emissions. This fuels the need for premium cabin designs and passenger comfort and contributes to the additional use of thermoplastics in seating, panels, and aesthetics.

 

Market Drivers

Loss of Mass and Efficiency Gain: A leading factor fueling growth in this market is the demand for slim aircraft materials. Heat-setting plastics, including polyetheretherketone (PEEK) and polycarbonate (PC), are strong with tiny densities. For instance, replacing 100 kilograms of metal parts with thermoplastics would help save about 4,000 liters of fuel per aircraft each year. Example: Airbus A320 and Boeing 737 employ thermoplastics widely in cabin interiors to achieve weight savings goals.

 

Rising Air Passenger Traffic: On a global basis, the International Air Transport Association (IATA) has projected that global air passenger traffic will increase by twofold by 2040, with the Asia-Pacific region taking the largest market share. This, in turn, has created the need for new aircraft and, hence, the need for lighter materials such as thermoplastics for efficient interior commodities. Example: In 2023, various Indigo and Emirates aircraft purchased fleets with thermoplastic interiors that are cheaper to maintain and also comfortable for passengers.

 

Sustainability Initiatives:  As emission standards have improved, thermoplastics' recyclability has become essential to their use. Major participants are investing in the production of bio-based thermoplastics to conform to sustainability objectives. Example: In 2022, Solvay launched recycled thermoplastic composites for the aerospace interior to accommodate the increasing demand for sustainable aviation technologies.

 

Market Opportunities

The increase in Low-Cost Carriers (LCCs):  LCCs have raised a demand for lightweight but affordable and long-lasting materials. Lightweights such as thermoplastics, which provide affordable solutions for cabin fittings and seats, meet this demand. Example: Ryanair and Lion Air have used thermoplastics in cabin interiors, enhancing the low operating cost.

 

Technological Advancement: Recent developments in 3D with thermoplastic are bringing about remarkable changes in interior manufacturing. These technologies allow for the affordable fabrication of intricate and lightweight parts for time-sensitive applications. Example: In 2023, Boeing worked with Thermwood to study the use of 3D-printed thermoplastic in interiors.

 

Market Restraints

High Initial Costs: Thermoplastics have some disadvantages, including relatively high costs compared to conventional materials, which can be a concern for certain airlines. For example, new-era airlines may initially refrain from using thermoplastics due to these costs, leading to slower market growth.

 

Regulatory Challenges: One of the biggest challenges for aerospace interior materials is the FST (fire, smoke, and toxicity) regulations. Satisfying these requirements can be time-consuming and expensive for the development process. For example, higher certification requirements from the EU aviation authorities affected the certification schedule of thermoplastic materials in 2023.

 

aircraft-interior-thermoplastics-market-infographic

 

Market Segmentation

By Product Type

  • Polyetheretherketone (PEEK)

  • Polycarbonate (PC)

  • Polyphenylene Sulfide (PPS)

  • Acrylonitrile Butadiene Styrene (ABS)

  • Others

 

By Application

  • Seating Components

  • Cabin Linings and Panels

  • Overhead Bins

  • Lavatory Fittings

  • Window Shades

  • Others

 

By Region

  • North America

  • Europe

  • Asia-Pacific

  • Latin America

  • Middle East & Africa

 

Segment Analysis

Leading Product Type: Polyetheretherketone (PEEK)

PEEK is the most commonly used material at the moment owing to factors such as mechanical properties, high-temperature capability, and FST regulation. It is generally applicable in fabrication parts such as seat frames and tables for service during a flight. Example: A survey of market players identified aerospace as having upped its PEEK usage, resulting in companies such as Victrex pointing to a revival in revenue in 2023.

 

Leading Application: Seating Components

Seating components are the biggest market of the international rail car industry. Aviation manufacturers are on the lookout for lighter and more comfortable seats for passengers to increase customer satisfaction while cutting operating expenses. For example, Recaro Aircraft Seating used thermoplastics in its lightweight economy seats model for United Airlines in 2023.

 

Leading Region: North America

North America is dominating the market due to high aircraft production rates and increased spending on fleet modernization by airlines and prime companies such as Boeing and Collins Aerospace. Example: In 2023, the company said that there had been an increasing number of requests for the use of thermoplastic in their 737 MAX and 787 Dreamliner programs. Also, Collins Aerospace teamed up with Solvay in 2023 for modern thermoplastic composites to be used in the interiors of new-generation aircraft.

 

Europe is the second-largest market, thanks to its robust sustainability program and demand for lightweight aircraft materials. For example, Airbus revealed a 20% thermoplastic uptake on its A350 program, which underscores the focus in the region.

 

Asia-Pacific shows impressive growth and expects a higher CAGR of over 8% in the years to come. Increased consumption, disposable income, and the growing fly population are major developments. Example: The COMAC C919 aircraft manufactured in China for its cabin interiors uses thermoplastics, paving the way for increased market growth in the region.

 

Key Players

  • Solvay S.A.

  • SABIC

  • Victrex plc

  • BASF SE

  • DuPont

  • Evonik Industries AG

  • Toray Industries, Inc.

  • Mitsubishi Chemical Corporation

  • PolyOne Corporation

  • Ensinger GmbH

 

Aircraft Interior Thermoplastics Market Report Coverage

Report Attribute

Details

Forecast Period

2023 – 2030

Market Size Value in 2023

USD 2.5 billion

Revenue Forecast in 2030

USD 4.2 billion

Overall Growth Rate

CAGR of 7.2%

Base Year for Estimation

2022

Historical Data

2017 – 2021

Unit

USD Billion, CAGR (2023 - 2030)

Segmentation

By Product Type, By Application, By Region

By Product Type

Polyetheretherketone (PEEK), Polycarbonate (PC), Polyphenylene Sulfide (PPS), Acrylonitrile Butadiene Styrene (ABS), Others

By Application

Seating Components, Cabin Linings and Panels, Overhead Bins, Lavatory Fittings, Window Shades, Others

By Region

North America, Europe, Asia-Pacific, Latin America, Middle East & Africa

Country Scope

US, Canada, Germany, UK, France, China, Japan, India, etc.

Key Market Drivers

Demand for lightweight materials to enhance fuel efficiency, increasing air travel, and regulatory mandates for sustainable aviation

Major Players

Solvay S.A., SABIC, Victrex plc, BASF SE, DuPont, Evonik Industries AG, Toray Industries, Inc., Mitsubishi Chemical Corporation

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.

 

Future Outlook

The global aircraft interior thermoplastics market has tremendous potential for growth over the foreseen period due to development in material science, raising passengers’ expectations, and the skyrocketing importance of green solutions according to regulations. New directions like 3-D printing, bioplastics, and thermoplastics based on biodegradable resources, and smart interior solutions will likely redefine the existing business environment.

 

Further, by 2030, there will be an expansion of players from innovative startups and environmentally friendly solution providers that will assist in the growth of the market. Those companies that are investing in R&D objectives and sustainable production systems will be the prime movers of this transformation, which will cover performance and environmental issues.

 

Thus, the APC Aircraft Interior Thermoplastics can also be viewed as a key segment in the aerospace industry's drive towards greater fuel efficiency, comfort, and eco-friendliness. The contribution of material and technology will remain its central feature in subsequent years.

Frequently Asked Question About This Report

The market was valued at approximately $2.5 billion in 2023 and is projected to reach around $4.2 billion by 2030, growing at a CAGR of 7.2%.

The demand for lightweight materials to enhance fuel efficiency, increasing air travel, and regulatory mandates for sustainable aviation are key drivers.

Key players in the aircraft interior thermoplastics market include Solvay S.A., SABIC, Victrex plc, BASF SE, DuPont, Evonik Industries AG, Toray Industries, Inc., and Mitsubishi Chemical Corporation.

North America held the largest share in the Aircraft Interior Thermoplastics Market.

The interior components application held the largest share in the Aircraft Interior Thermoplastics Market.

.

Table of Contents

EXECUTIVE SUMMARY
•    Market Overview and Attractiveness
•    Understanding the Target Customers
•    CXO Perspective
•    Global Aircraft Interior Thermoplastics Market: Historical Market Size and Future Projections
•    Global Aircraft Interior Thermoplastics Market, By Product Type
•    Global Aircraft Interior Thermoplastics Market, By Application
•    Global Aircraft Interior Thermoplastics Market, By Region
MARKET SHARE ANALYSIS
•    Key Players with Revenue and Market Share
•    Competitive Landscape
INVESTMENT OPPORTUNITIES IN THE MARKET
•    Emerging Market Trends
•    Mergers and Acquisitions
•    High-Growth Segments and Investment Opportunities
MARKET INTRODUCTION
•    Definition
•    Scope of the Study
•    Market Structure Overview
•    Macro Factor Indicator Analysis
RESEARCH METHODOLOGY
•    Research Process
•    Primary Research
•    Secondary Research
•    Market Size Estimation
•    Data Triangulation and Validation
MARKET DYNAMICS
•    Introduction
•    Key Market Drivers
•    Market Restraints
•    Opportunities and Challenges
•    Impact of COVID-19
GLOBAL AIRCRAFT INTERIOR THERMOPLASTICS MARKET ANALYSIS
•    Overview
•    Global Aircraft Interior Thermoplastics Market Historical Market Size, Sales Volume (2022–2032)
•    Global Aircraft Interior Thermoplastics Market Size, Sales Volume, and Forecasts (2024–2032)
•    By Product Type
o    Polyetheretherketone (PEEK)
o    Polycarbonate (PC)
o    Polyphenylene Sulfide (PPS)
o    Acrylonitrile Butadiene Styrene (ABS)
o    Others
•    By Application
o    Seating Components
o    Cabin Linings and Panels
o    Overhead Bins
o    Lavatory Fittings
o    Window Shades
o    Others
•    By Region
o    North America
o    Europe
o    Asia-Pacific
o    Latin America
o    Middle East & Africa
NORTH AMERICA AIRCRAFT INTERIOR THERMOPLASTICS MARKET ANALYSIS
•    Overview
•    North America Aircraft Interior Thermoplastics Market Historical Market Size, Sales Volume (2022–2032)
•    North America Aircraft Interior Thermoplastics Market Size, Sales Volume, and Forecasts (2024–2032)
•    By Product Type
•    By Application
•    By Country
o    U.S.
o    Canada
o    Mexico
EUROPE AIRCRAFT INTERIOR THERMOPLASTICS MARKET ANALYSIS
•    Overview
•    Europe Aircraft Interior Thermoplastics Market Historical Market Size, Sales Volume (2022–2032)
•    Europe Aircraft Interior Thermoplastics Market Size, Sales Volume, and Forecasts (2024–2032)
•    By Product Type
•    By Application
•    By Country
o    Germany
o    U.K.
o    France
o    Italy
o    Spain
o    Rest of Europe
ASIA-PACIFIC AIRCRAFT INTERIOR THERMOPLASTICS MARKET ANALYSIS
•    Overview
•    Asia-Pacific Aircraft Interior Thermoplastics Market Historical Market Size, Sales Volume (2022–2032)
•    Asia-Pacific Aircraft Interior Thermoplastics Market Size, Sales Volume, and Forecasts (2024–2032)
•    By Product Type
•    By Application
•    By Country
o    China
o    Japan
o    India
o    South Korea
o    Australia
o    Rest of Asia-Pacific
LATIN AMERICA AIRCRAFT INTERIOR THERMOPLASTICS MARKET ANALYSIS
•    Overview
•    Latin America Aircraft Interior Thermoplastics Market Historical Market Size, Sales Volume (2022–2032)
•    Latin America Aircraft Interior Thermoplastics Market Size, Sales Volume, and Forecasts (2024–2032)
•    By Product Type
•    By Application
•    By Country
o    Brazil
o    Argentina
o    Rest of Latin America
MIDDLE EAST & AFRICA AIRCRAFT INTERIOR THERMOPLASTICS MARKET ANALYSIS
•    Overview
•    Middle East & Africa Aircraft Interior Thermoplastics Market Historical Market Size, Sales Volume (2022–2032)
•    Middle East & Africa Aircraft Interior Thermoplastics Market Size, Sales Volume, and Forecasts (2024–2032)
•    By Product Type
•    By Application
•    By Country
o    UAE
o    Saudi Arabia
o    South Africa
o    Rest of Middle East & Africa
COMPANY PROFILES
•    Solvay S.A.
o    Company Overview
o    Product Portfolio in Aircraft Interior Thermoplastics Market
o    Key Strategies and Developments
•    SABIC
•    Victrex plc
•    BASF SE
•    DuPont
•    Evonik Industries AG
•    Toray Industries, Inc.
•    Mitsubishi Chemical Corporation
•    PolyOne Corporation
•    Ensinger GmbH
LIST OF TABLES AND FIGURES
•    Table: Aircraft Interior Thermoplastics Market, By Product Type (2024–2032)
•    Table: Aircraft Interior Thermoplastics Market, By Application (2024–2032)
•    Table: Aircraft Interior Thermoplastics Market, By Region (2024–2032)
•    Figure: Market Share of Key Players in Aircraft Interior Thermoplastics Market
•    Figure: Market Drivers, Restraints, and Opportunities

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