Global Polymethyl Methacrylate (PMMA) Aviation Plastic market cagr 15.1%

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Polymethyl Methacrylate (PMMA) Aviation Plastic

Market

Polymethyl Methacrylate (PMMA) Aviation Plastic

Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Polymethyl Methacrylate (PMMA) Aviation Plastic

Market Size and Growth

The Polymethyl Methacrylate (PMMA) Aviation Plastic market is experiencing steady growth, driven by increased demand for lightweight materials in aerospace applications. The market size is projected to reach approximately $320 million by 2025, fueled by advancements in manufacturing technologies and rising emphasis on fuel efficiency and safety in aviation.

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Companies Covered

(Covid 19 Impact Covered)

◍ BASF SE

◍ SABIC

◍ Victrex

◍ Drake Plastics

◍ Evonik

◍ Solvay

The PMMA aviation plastic market features companies like BASF SE, SABIC, Victrex, Drake Plastics, Evonik, and Solvay, which leverage PMMA for its lightweight, durable properties in aerospace applications. These firms drive market growth through innovation, production efficiency, and expanding applications.

- BASF SE: €78 billion (2022)

- SABIC: $39 billion (2021)

- Solvay: €11.3 billion (2021)

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Market Segmentation

By Application

◍ Cabin Windows and Windshields

◍ Cabin Lighting

◍ Overhead Storage Bins

◍ Aircraft Panels

◍ Aircraft Canopy

◍ Others

By Product

◍ Commercial Aircrafts

◍ General and Business Aircrafts

◍ Military Aircrafts

◍ Rotary Aircrafts

◍ Others

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Market Growth

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$ X Billion USD

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