The research report on aircraft recycling market, in substance, presents an exclusive understanding of the vast expanse of the business space in question. The report comprises a gist of the industry by means of providing an executive summary, industry insights, industry ecosystem analysis, market segmentation, and global trends. Furthermore, the study also provides deliverables pertaining to the regulatory and competitive landscapes and the strategic perspectives of various industry contenders with respect to the market.

The aircraft recycling market will witness lucrative growth in the coming years on account of increasing number of retired airplane fleets globally. The aviation industry has long been under pressure for keeping operational costs low and maintaining profits. Adoption of recycled parts has turned out to be one of the potential ways to reduce manufacturing cost.

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Regional aircraft is poised to grow at a CAGR of 9% over the projected timespan. Improved aircraft infrastructural facilities across several emerging economies have boosted the demand for aircraft recycling. To add to that, increasing air travel has also prompted many airlines to expand their fleet of regional aircraft, thereby uplifting the possibilities of aircraft recycling market growth.

Some of the other materials used for aircraft recycling include plastics, glass, composites, etc. Recycling composites is a cost-effective affair owing to which several technological advancements are being made to optimize the efficacy of the process of recycling composites, thus reducing the overall cost of adopting recycled aircraft. Driven by such parameters, the other material segment is predicted to grow at a CAGR of 13% over the forecast period.

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Growing aircraft MRO sector and increasing demand for serviceable materials from used aircraft is primarily responsible for the growth of the aircraft recycling market in the Asia Pacific. Major industry players from the region are expanding their business operations by establishing new facilities along with initiating new projects. For instance, Aircraft Recycling International recently opened a recycling plant in Heilongjiang, China. The facility can handle over 20 aircraft on a yearly basis. On the other hand, Mesco Aerospace India has planned to initiate an aircraft recycling project.

Some of the industry players include Air Salvage International, ComAv Technical, Aviation International Recycling, Aircraft End-of-Life Solutions, Aircraft Part Out Company, Apple Aviation, Universal Asset Management Inc., ComAv Technical Services, Aircraft Demolition & Recycling, Total Technic, VAS Aero Services, ARC Aerospace Industries, KLM UK Engineering, Tarmac Aerosave, Sycamore Aviation, and ADI- Aircraft Demolition & Recycling among others.

Major Key Points from Table of Content:

Chapter 5   Aircraft Recycling Market, By Aircraft

5.1    Global aircraft recycling market share by aircraft, 2020 & 2027

5.2    Narrow-body

5.2.1    Global market estimates and forecasts, 2017 - 2027

5.2.2    Market estimates and forecast, by region, 2017 - 2027

5.3    Wide-body

5.3.1    Global market estimates and forecasts, 2017 - 2027

5.3.2    Market estimates and forecast, by region, 2017 – 2027

5.4    Regional

5.4.1    Global market estimates and forecasts, 2017 - 2027

5.4.2    Market estimates and forecast, by region, 2017 - 2027

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