Unmanned aerial vehicles spur demand for advanced foams

05/17/2013

Unmanned aerial vehicles (UAVs) are increasingly in the spotlight in trouble spots throughout the world, but they are also finding increased use in civilian applications. In parallel, suppliers of advanced thermoplastics such as Sabic are addressing demands for aerospace grade materials that meet a number of stringent operational requirements.

The UAV market has potential not only for military purposes, but also for civil aviation applications, including First Responder support, wildfire mapping, weather monitoring and telecommunications. It is predicted that, if the opening of the National Airspace to civil UAVs occurs in 2015 as planned, the market potential for UAVs between 2015 and 2017 will be around $13.6 billion according to the AUVSI Economic Report 2013.

The U.S. military UAV market is similarly expect to expand in the coming years: a report conducted by Market Research Media states that the U.S. military UAV market is projected to grow at a 12% compound annual growth rate, reaching $18.7 billion in 2018. The report finds that the U.S. military UAV market will generate $86.5 billion revenues over the period 2013-2018....
Read more