Global Aerospace Sealants Market Research Report 2021

SKU ID : QYR- 17253979

Publishing Date : 25-Jan-2021

No. of pages : 117

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  • 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.

    Market Analysis and Insights: Global Aerospace Sealants Market
    The global Aerospace Sealants market was valued at US$ 1322 million in 2019 and it is expected to reach US$ 1957.1 million by the end of 2026, growing at a CAGR of 5.7% during 2021-2026.

    Global Aerospace Sealants Market: Drivers and Restrains
    The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
    A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

    Global Aerospace Sealants Market: Segment Analysis
    The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

    Segment by Type
    Polysulfide Sealants
    Polythioether Sealants
    Silicone Sealants
    Others

    Segment by Application
    Aerospace Manufacturing
    Aerospace Aftermarket

    By Company
    PPG Industries
    3M
    Flamemaster
    Chemetall
    Royal Adhesives & Sealants
    DowDuPont
    Henkel
    Permatex
    Master Bond
    Cytec Industries
    AVIC

    Production by Region
    North America
    Europe
    China
    Japan

    Consumption by Region
    North America
    U.S.
    Canada
    Europe
    Germany
    France
    U.K.
    Italy
    Russia
    Asia-Pacific
    China
    Japan
    South Korea
    India
    Australia
    Taiwan
    Indonesia
    Thailand
    Malaysia
    Philippines
    Vietnam
    Latin America
    Mexico
    Brazil
    Argentina
    Middle East & Africa
    Turkey
    Saudi Arabia
    U.A.E

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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