Aerospace Sealants Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030
Aerospace sealants are substances curing within a certain period of time, to isolate environment such as isolation of fuel/solvent, insulation, and flexible to play a supporting role in aerospace manufacturing, aerospace maintenance repair, and overhaul (MRO) industry.
Aerospace sealants are substances curing within a certain period of time, to isolate environment such as isolation of fuel/solvent, insulation, and flexible to play a supporting role in aerospace manufacturing, aerospace maintenance repair, and overhaul (MRO) industry.
The application field of aerospace sealants can be classified as aerospace manufacturing and aerospace aftermarket. In 2015, the consumption market share of manufacturing and aftermarket are 52.34% and 47.66%, respectively. The consumption of aerospace manufacturing is a little higher than aftermarket, but the sales growth in aftermarket is presumed to grow faster than manufacturing. Aerospace sealants have a wide range of application in commercial, military, and general aviation. The commercial end-user industry is expected to show moderate growth in the future due to the advancements in the trend of air travelling. Affected by downstream industries, demand for aerospace sealants is expected to continue increasing during the remaining years of the forecast period of 2017-2022. Aerospace sealants industry will usher in a stable growth space.
Aerospace sealants can be classified as Polysulfide Sealants, Polythioether Sealants, Silicone Sealants and others in terms of material type. Polysulfide Sealants is the major kind of aerospace sealants due to its superior quality and reasonable price. The production of Polythioether Sealants is quite concentrated, with USA, Germany and France as the major producing area. The market of Silicone Sealants is still in its emerging stage, with a global market share of 5.91% in 2015. It is estimated that the market of Silicone Sealants would be expanded with selling price decrease.
The largest producers of aerospace sealants in the worldwide are PPG Industries, 3M, Flamemaster, Chemetall, Royal Adhesives & Sealants, AVIC, Henkel and Permatex, which takes a combined share of 81.63% in 2015.The largest producing area of aerospace sealants is Europe, especially in Germany and France. USA is also a major producing area of aerospace sealants.
The global aerospace sealants market would growth with CAGR of 6.07% from 2017 to 2022. The annual consumption number of aerospace sealants would reach to 59240 MT in 2022. In the future, the consumption in aerospace aftermarket would be the growth point in developing countries.
The report offers detailed coverage of Aerospace Sealants industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Aerospace Sealants by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Aerospace Sealants market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.
First, this report covers the present status and the future prospects of the global Aerospace Sealants market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
PPG Industries
3M
Flamemaster
Chemetall
Royal Adhesives & Sealants
Dow Corning
Henkel
Permatex
Master Bond
Cytec Industries
AVIC
At the same time, we classify Aerospace Sealants according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Polysulfide Sealants
Polythioether Sealants
Silicone Sealants
Others
Market by Application
Aerospace Manufacturing
Aerospace Aftermarket
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Aerospace Sealants market for the forecast period 2023 - 2030?
• What are the driving forces in the Aerospace Sealants market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Aerospace Sealants industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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