Global Aviation Organic Glass Market Insight
The aviation organic glass is forecast to crazy increase over the next four years. According to the WK-chem Research “Global Aviation Organic Glass Professional Survey Report 2022, Forecast to 2027”, With people’s escalating travel needs, the aviation organic glass industry is developing at an incredible speed. The compound annual growth rate (CAGR) for the 2022-2027 period is projected to be 5.6% base on WK-chem Research regression analysis model.
Analysts’ Viewpoint:
"Aviation organic glass manufacturing represents the top technology and high investment in special glass. Aviation organic glass technology is still improving. At this stage, new requirements are put forward for aviation organic glass, such as thinness and high strength," said Bill Taylor, Senior analyst, chemicals and materials Market Research Center in WK-chem Research.
Market insight:
The use of glass in transportation continues to expand. In the most technically demanding aviation field, with the increase in consumption levels and the deepening of globalization, the frequency of aviation travel has increased, and the delivery of passenger aircraft has also increased. These factors have jointly promoted the development of the aviation plexiglass industry.
Based on the existence of technical and certification barriers, there are only a handful of manufacturers in the aviation plexiglass industry. But high technology means high profit. Companies in the industry gain advanced technology and management methods from industry leaders by cooperating with leaders to improve their market position.With the increase of players in the aviation organic glass industry, the industry has also been promoted to a certain extent.
Competition Landscape:
This WK-chem Research market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aviation organic glass companies that include Saint-Gobain, GKN, PPG, AVIATION GLASS, Elan Technology, Air-Craftglass, Kopp Glass, Gillinder Glass.
Segmentation of Aviation Organic Glass Market:
Aviation plexiglass can be divided into single-layer glass and laminated glass according to its type. The structural characteristics of aviation organic single-layer glass are gradually developing towards integration, integration and thinning, and more attention is paid to the ergonomics of transparent glass, which realizes the comprehensive optimization of optical performance, structural strength and special functions, and provides pilots with more safety and comfort , Efficient service environment. Similarly, the design concept of laminated glass structure aims at thinning, reducing overall weight and improving impact strength. It has high strength, anti-bird strike, anti-fog, defrost, anti-hail, anti-static, and anti-radiation properties. In short, the structural design of aerospace plexiglass should gradually develop in the direction of integration, lighter and thinner, and more optimized structural mechanics, and the manufacturing technology tends to develop in the direction of high reliability, low cost, high efficiency, and low stress.
Aviation plexiglass application fields are subdivided into military aircraft, civil aircraft and others. With regard to military aircraft, political conflicts and territorial disputes continue to drive demand for advanced military aircraft with multi-mission capabilities. In addition, some countries are seeking to modernize their fleets by replacing older models with new generation aircraft that require less maintenance and lower operating costs. In addition, the high cost of purchasing foreign aircraft is forcing some developing countries to start their military aircraft development programs. In terms of civil aviation, Boeing stated in its commercial market outlook for 2021-2040 that in the long run, by 2040, market fundamentals and flexibility will drive demand for more than 43,500 new aircraft worth US$7.2 trillion. By 2040, the global commercial fleet will exceed 49,000 aircraft. In 2040, the global cargo fleet will be 70% larger than the pre-pandemic fleet due to continued demand related to e-commerce and the ever-expanding speed and reliability of air cargo. The continuous increase in the number of military and civil aircraft is expanding the market size of aviation plexiglass.
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Aviation Organic Glass Market: Regional Analysis
In terms of geography, the global aviation organic glass market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa.
Over the past decade, the Asia-Pacific region has become the fastest growing region for global aviation activity.The large population of the Asia-Pacific region, and the proportion of the population who now have enough disposable income to make air travel a viable option, means that well-run airlines can succeed in the region.The increase in air travel has meant an indirect increase in the demand for Aviation Organic Glass.
Over the years, China has become a major hub for the aviation industry due to high demand from both civilian and military customers. Over the past two decades, China's commercial aviation market has experienced double-digit growth. Even in 2020, which has been affected by the epidemic, China's relatively stable domestic passenger traffic will help domestic airlines' financial recovery. In the military field, China has been increasing its fleet in line with its plans to strengthen its air military capabilities. The country has also strengthened its indigenous military aircraft manufacturing capabilities. On the other hand, the general aviation industry is one of China's strategic emerging industries and has been taking measures to boost its development over the years. In 2019, Commercial Aircraft Corporation of China (CAC) launched a new CBJ business jet based on the first domestically produced regional jet ARJ21, which is currently awaiting orders. Hence, the country is expected to dominate the market in the Asia Pacific region over the forecast period on the back of rising demand from the civilian and military sectors and increasing aircraft production capacity.
Cagr: 5.6%
Largest share area:Asia-Pacific
largest share country:China
Product Type(by layer):Single-Layer Glass and Laminated Glass
Application:Military Aircraft, Civil Aircraft and Others
Leading Company:Saint-Gobain, GKN, PPG, AVIATION GLASS, Elan Technology