Global Aerospace Sealants Market Is Expected to Grow at a CAGR 5.6% and Reach 1.63 Billion USD in 2023, from 1.18 Billion USD in 2017
New Global Aerospace Sealants Market Report Covers market forecast and top Companies like PPG Industries, 3M, Flamemaster, Chemetall, Royal Adhesives & Sealants and others.
Lewes, DE -- (SBWire) -- 07/13/2018 --The worldwide market for Aerospace Sealants is expected to grow at a CAGR of roughly 5.6% over the next five years, will reach 1630 million US$ in 2023, from 1180 million US$ in 2017, according to a new study.
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.
Scope of the Report:
This report focuses on the Aerospace Sealants in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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 worldwide market for Aerospace Sealants is expected to grow at a CAGR of roughly 5.6% over the next five years, will reach 1630 million US$ in 2023, from 1180 million US$ in 2017, according to a new study.
Market Segment by Manufacturers, this report covers
- PPG Industries
- 3M
- Flamemaster
- Chemetall
- Royal Adhesives & Sealants
- Dow Corning
- Henkel
- Permatex
- Master Bond
- Cytec Industries
- AVIC
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Polysulfide Sealants
- Polythioether Sealants
- Silicone Sealants
- Others
Market Segment by Applications, can be divided into
- Aerospace Manufacturing
- Aerospace Aftermarket
There are 15 Chapters to deeply display the global Aerospace Sealants market.
Chapter 1, to describe Aerospace Sealants Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Aerospace Sealants, with sales, revenue, and price of Aerospace Sealants, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Aerospace Sealants, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Aerospace Sealants market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Aerospace Sealants sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Spanning over 135 pages "Forecast of Global Aerospace Sealants Market 2023" report covers Market Overview, Manufacturers Profiles, Global Aerospace Sealants Market Competition, by Manufacturer, Global Aerospace Sealants Market Analysis by Regions, North America Aerospace Sealants by Countries, Type, Application and Manufacturers, Europe Aerospace Sealants by Countries, Type, Application and Manufacturers, Asia-Pacific Aerospace Sealants by Countries, Type, Application and Manufacturers, South America Aerospace Sealants by Countries, Type, Application and Manufacturers, Middle East and Africa Aerospace Sealants by Countries, Type, Application and Manufacturers, Global Aerospace Sealants Market Segment by Type, Global Aerospace Sealants Market Segment by Application, Aerospace Sealants Market Forecast (2018-2023), Sales Channel, Distributors, Traders and Dealers, Research Findings and Conclusion, Appendix.
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