Flame Retardants for Aerospace Plastics Market Size

Statistics for the 2023 & 2024 Flame Retardants for Aerospace Plastics market size, created by Mordor Intelligence™ Industry Reports. Flame Retardants for Aerospace Plastics size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Flame Retardants for Aerospace Plastics Industry

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Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR > 3.00 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Medium

Major Players

flame retardants for aerospace plastics market size

*Disclaimer: Major Players sorted in no particular order

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Flame Retardants for Aerospace Plastics Market Analysis

The flame retardants for aerospace plastics market is expected to register a CAGR of over 3% during the forecast period. The growing safety concerns related to the flammability of aerospace plastics and the increasing usage of plastic for maintaining the optimal weight of the aircraft have been driving the demand for aerospace plastic flame retardants. On the flip side, unfavorable conditions arising due to the COVID-19 outbreak are hindering the growth of the market.

  • The growing demand for commercial aircraft is expected to offer various opportunities for the growth of the market.
  • The carbon fiber reinforced polymer segment is expected to dominate the flame retardants for the aerospace plastics market over the forecast period.
  • The Asia-Pacific region is the fastest-growing market for flame retardants for aerospace plastics, and it is further likely to offer huge opportunities over the years to come, owing to increasing air traffic in the region.

Flame Retardants for Aerospace Plastics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)