Austria’s production of plastic parts for aircraft and spacecraft showed significant growth from 2013 to 2017, with values increasing from 399.45 million Euros to 713.87 million Euros. However, the sector experienced fluctuations and a sharp decline in 2020 due to COVID-19, reaching 483.42 million Euros. A recovery started in 2022, and the value rebounded to 763.67 million Euros in 2023. The forecast indicates continued growth, with a projected CAGR of 3.02% through 2028, reaching 924.06 million Euros.

Future trends to watch for:

Impact of technological advancements in plastics manufacturing.
Demand fluctuations driven by the aerospace and spacecraft industries.
Sustainability initiatives influencing material choices and production processes.