Aircraft Extrusion Market is Forecasted to Reach US$ 186 Million in 2034, Says Stratview Research

Stratview Research, a global market research firm, has launched a report on the global aircraft extrusion market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

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Market Statistics:

Market Size in 2023: US$ 96.0 million

Market Size in 2034: US$ 186 million

Growth (CAGR): 6.0% during 2024-2034

Cumulative Sales Opportunity 2024 to 2034: US$ 1.59 billion

Leading Aircraft Type: Narrow-Body Aircraft

Leading Application Type: Floor Panels

Leading Material Type: Polyamide (PA)

Leading End-User Type: OE

Leading Region: North America

Forecast Period: 2024-2034

Trend Period: 2018-2022

Base Year: 2023

Number of Segments Covered: 5

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights & Market Share Analysis of the Aircraft Extrusion Market:

The global aircraft extrusion market is segmented based on aircraft type, application type, material type, end-user type, and region.

Based on aircraft type –

·        The aircraft extrusion market is primarily segmented into narrow-body aircraft, wide-body aircraft, regional aircraft, and business jets. 

·        Narrow-body aircraft are anticipated to drive demand for extruded parts, whereas wide-body aircraft are expected to be the fastest-growing aircraft type in the market during the forecast period. Narrow-body aircraft are anticipated to drive demand for extruded parts due to their widespread utilization in regional and short-haul flights. Extruded plastics allow for the creation of complex, ergonomic designs and optimize space. A320 and B737 aircraft programs are the key demand generator for extruded plastics.

·        High growth of the wide-body aircraft segment is fueled by increasing demand for long-haul travel and the expansion of international flight routes. High plastic content in the next-generation aircraft program, A350XWB, and B787 Dreamliner, also propelling the segment demand. Regional aircraft and business jet segments continue to generate fair demand for extruded plastics tailored for lightweight, high-durability applications and minimizing operational costs.

Based on application type –

·        The aircraft extrusion market is divided by application type into seats, galleys, stowages, floor panels, lavatories, and others. 

·        Floor panels are likely to maintain the dominance in the aircraft extrusion market, whereas seats are expected to experience the fastest growth in the coming years. Floor panel plays an essential role in ensuring structural integrity and safety, supporting significant loads, and withstanding harsh flight conditions. Extruded plastics are favored in floor panel applications for their high strength, lightweight properties, and corrosion resistance.

·        The seat segment is driven by an increasing demand for passenger comfort, customization, and fuel efficiency by reducing overall aircraft weight. Overall, the use of extruded plastics across these segments significantly enhances aircraft interiors by reducing weight, enabling innovative designs, and improving durability, resulting in a more comfortable and efficient cabin environment for passengers.

Based on material type –

·        The market is segmented into polyamide (PA), polycarbonate (PC), and Others. 

·        Polyamide (PA) is anticipated to maintain its dominance throughout the forecast period and is also expected to achieve the fastest growth during the same period. Polyamide (PA) is anticipated to maintain its dominance, due to its excellent strength, rigidity, toughness, dimensional stability, and exceptional chemical resistance. Polycarbonate (PC) is utilized because of its high impact strength and optical clarity. It is used in several transparent applications, such as windows and lavatory components with high durability. The flame retardance of PC has also made it ideal to use in strict aviation safety standards.

Based on end-user type –

·        The market is segmneted into OE and aftermarket. 

·        OE is expected to remain dominant throughout the forecast period and is also projected to experience the fastest growth in the market during the same period. The OE segment is driven by the rising aircraft production to support the increasing air passenger traffic coupled with the expected entry of new aircraft programs such as B777x. The aftermarket segment is likely to maintain fair demand by 2034, due to the growing aircraft fleet size and rising demand for advanced lightweight interiors, which prompts the replacement of outdated interiors.

To know the most attractive segments, click here for a free sample of the report:

https://www.stratviewresearch.com/Request-Sample/3867/aircraft-extrusion-market.html#form

Which region shows the most promising growth forecast and opportunity?

The analysis suggests that North America is projected to retain its dominance during the forecast period, whereas Asia-Pacific is expected to experience the fastest growth in the market during the same period. This growth outlook is mainly attributed to the following:

-      North America is the manufacturing hub of the aerospace industry led by the presence of OEMs like Boeing and Lockheed Martin; who ultimately drive the demand for extruded plastics.

-      The Asia-Pacific region is witnessing a surge in air travel demand, fueled by a growing middle-class per capita income and the rise of low-cost carriers. Government initiatives and the rapid adoption of new manufacturing technologies further boost demand for extruded plastics in the region.

Aircraft Extrusion Market Drivers:

Some of the key drivers listed in the report are given below.

-      Increasing air travel demand.

-      A focus on fuel efficiency.

-      Advancements in manufacturing technologies.

Competitive Landscape: Top Companies in the Aircraft Extrusion Market:

The market is moderately fragmented, with over 20 players. Most of the major players compete on some of the governing factors, including price, service offerings, regional presence, etc. Stratview Research has identified the following companies as the top market players:

-         Pexco Aerospace, Inc.

-        Certified Thermoplastics Co., LLC (CTP)

-        Ensinger GmbH

-        Rehau Group

-        Trelleborg AB

-        Stükerjürgen Aerospace Composites GmbH & Co. KG

-        Belgraver B.V.

-        Aereos, INC.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the aircraft extrusion market, answering critical questions like

-      How big is the sales opportunity?

-      Which regions offer the best sales opportunities?

-      Which are the most attractive market segments?

-      Which are the top players and their market positioning?

-      How complex is the business environment?

-      What are the factors affecting the market?

For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

Related Reports:

-      Aircraft Stowage Market

-      Aircraft Floor Panel Market

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About us –

Stratview Research is a global market research and consulting firm that highly specializes in IT & telecom, aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to make convincing business decisions.

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