The global aerospace plastics market is expected to reach USD 1.04 million by 2025, according to a new report by Grand View Research, Inc. Non-corrosive nature and high-temperature resistance of plastics are expected to bolster market growth over the forecast period.
Aerospace plastics exhibit heat resistance and high strength properties. It's high modulus of elasticity aids in the production of various aircraft components such as fuselage, airframe, empennage, etc. In addition, plastics are lightweight nevertheless high-performance alternatives to metals such as steel and aluminum; as a result, the market is expected to grow significantly.
Growing adoption of highly durable and chemical resistant plastics are expected to drive market over the forecast period. However, the components manufactured with the use of polymers are hard to inspect for flaws, leading to quality variations and defects. Increased incidents of plastic fracture and failure along with high maintenance, repair and operating costs are posing a threat to aerospace plastics market growth.
Browse In-Depth Industry Insights @ https://www.grandviewresearch.com/industry-analysis/aerospace-plastics-market
Application Insights
Aircraft frame contains the maximum amount of carbon fiber reinforced plastic and composites reducing the weight by 20%. The extended use of composites and plastics in the high-tension loaded environment of the fuselage reduces the maintenance primarily due to fatigue. Moreover, the use of engineered polymers in fuselage enables part count reductions with the use of fasteners and integral clips.
Equipment, systems, and supplies accounted for the second largest share in terms of volume followed by cabin interiors. Aerospace plastics are anti-corrosive, lightweight, and resistant to chemicals and act as an efficient alternative to conventional materials such as aluminum and steel. One of the major advantages of polymers is that they can be assembled into large structures through bonding rather than riveting.
End-use Insights
Commercial aircraft have been a major end user segment for aerospace plastics owing to the emergence of several service providers in air transport industry. Military aircraft segment has also been lucrative, its utilization attributed to growing security and defense concerns. Inclination towards niche air transportation options has led to the exploration of rotary aircraft and gliders for special travel purposes.
Freight and large passenger aircraft are one of the major application areas for plastics in the aerospace industry. Utilization of polymers in aircraft aids in reducing operating cost by reducing the weight and lowers the occurrence of maintenance issues. This has encouraged aircraft manufacturers to potentially increase plastic content in commercial as well as freighter aircraft.
For more information: www.grandviewresearch.com
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New York, NY 01 Mar 2021: The global medical plastics market is anticipated to reach over USD 37.5 billion by 2026 growing at a CAGR of 6.1% according to a new study published by Polaris Market Research.
Plastics are now no more just an existing component but have grown in stature in advanced devices and is anticipated to support the growth of medical plastics market.
The factors boosting growth stems from the geriatric population and their demand for services, rising home healthcare services and self remedies that boosts the market.
Request For Sample Copy @ https://www.polarismarketresearch.com/industry-analysis/medical-plastics-market/request-for-sample The industry is characterized by multiple technological gains that pertain to manufacture of advanced plastics in the market.
High production volumes coupled with ease of availability of medical plastics are expected to bring about increase in buyer strength.
The use of thermoforming polypropylene leads to high strength packaging thereby offering very high impact resistance to the packaged products.
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Defense Cyber Security Market report published by Value Market Research, which studies the future outlook of the market.
It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the defense cyber security market include Northrop Grumman Corporation, IBM Corporation, Cisco Systems, Intel Corporation, Thales S.A., DXC Technology Company (HP), The Boeing Company, BAE Systems plc, SecureWorks Corp. (Dell), Lockheed Martin Corporation and Raytheon Company.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Defense Cyber Security Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/defense-cyber-security-market/download-sampleMarket DynamicsRising threats of cyber-attacks by organised criminal groups on critical infrastructures and high-value assets, and technological advancements in the information security business, are driving the development of defense cyber security for the defence sector.
Furthermore, enhanced active-arms intelligence, along with identification and surveillance systems, and the high confidentiality of information-gathering systems, has resulted in the employment of software that effectively strengthens cyber defence.
On the other hand, high maintenance costs, the ongoing need to adapt to industry standards, the difficulties of device security, and the lack of a standardised cybersecurity system, on the other hand, are expected to stymie market growth.The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
