Global Aerospace Sealants Market, Forecast to 2023

  • ID: 4404589
  • Report
  • Region: Global
  • 145 Pages
  • Frost & Sullivan
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High Demand for Aircraft Fleet Expansion in Asia-Pacific and the Middle East is Expected to Spur Demand

FEATURED COMPANIES

  • 3M
  • Bombardier
  • Cytec Solvay
  • Flamemaster
  • Lockheed Martin
  • Momentive
  • MORE

Aerospace is one of the key industries of leading economies that supplies to market such as commercial aviation, defense aviation, and general aviation. Aircrafts and related components and products that are in operation or are being manufactured require a variety of highly specific and durable sealants for various applications on parts such as fuel tanks, fuselages, access doors, windows, engine systems, landing gears, and airframes. Such sealants are collectively referred to as aerospace sealants in this study.

In this study, aerospace sealants market is analyzed for end-industries including commercial aviation, defense, and general aviation and the major end-user types are original equipment manufacturers (OEMs) and maintenance, repair, and overhaul (MRO). The major chemistries involved in formulation of these products are polysulfides, silicones, and fluoroelastomers, among others. Sealants are selected for an application based on a variety of requirements such as elasticity, toughness, corrosion resistance, conductivity, adhesion to various substrate types, resistance to fuels and other chemicals, stability under various temperature ranges and pressure conditions, and resistance to humidity. The requirements vary depending on the end application.

North America is the largest market for the aerospace sector with huge manufacturing and maintenance bases of leading original equipment manufacturers (OEMs) such as The Boeing Company, Airbus, Bombardier, Lockheed Martin, and Northrop Grumman established in the region. Asia Pacific is the fastest growing market owing to the increasing demand for air travel by the large and growing urban population in the developing countries with increasing disposable incomes.

The market for aerospace sealants is greatly impacted by mega trends such as robust growth of aircraft production due to increasing demand from commercial and defense aviation of the developing countries such as China, India, and countries of South East Asia and Middle East. However, market growth may be restrained by a slowdown in new investments in commercial freight aircrafts due to an expected decline in international trade in the coming few years.

The aerospace sealants market is presently highly competitive among large and global manufacturers who are primarily established in the developed markets of North America and Europe. The competitive environment in the market is highly skewed towards the larger market participants who increasingly engage in mergers and acquisitions and joint ventures among themselves and smaller companies to acquire new products, technologies, and market shares due to which the market points towards further consolidation in the coming few years.

The aerospace sealants face regulatory pressure from organizations such as Federal Aviation Administration (FAA), US Environmental Protection Agency (US EPA), and REACH that mandate the use of products with lower VOC emissions and eliminate the use of heavy metals. There is an increasing trend of customers moving to higher solids aerospace sealants instead of solvent borne products for want of lower VOC emissions, better specifications, and durability. Manufacturers are increasingly investing in product development to enhance environmental sustainability and product efficiency. Customers are increasingly looking for products that are easier to apply, lighter in weight, and regulatory compliant.

Key Questions This Will Answer

  • What are the major applications and end-use industries in the aerospace sealants market space?
  • What are the key factors driving and restricting growth in this market?
  • What are the OEM and MRO demand trends in various end-industries?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • 3M
  • Bombardier
  • Cytec Solvay
  • Flamemaster
  • Lockheed Martin
  • Momentive
  • MORE

1. Executive Summary

  • Key Findings
  • Executive Summary - Strategic Factsheet
  • Market Engineering Measurements
  • CEO’s Perspective

2. Market Overview

  • Market Definitions
  • Geographic Scope
  • Key Questions This Study Will Answer
  • Market Segmentation
  • Aerospace Sealants - Major Applications
  • Sealant Chemistries and Application

3. Drivers and Restraints - Total Aerospace Sealants Market

  • Market Drivers
  • Drivers Explained
  • Market Restraints
  • Restraints Explained

4. Forecasts and Trends - Total Aerospace Sealants Market

  • Market Engineering Measurements
  • Forecast Assumptions
  • Revenue Forecast
  • Unit Shipment Forecast
  • Pricing Trends and Forecast
  • Pricing Trends and Forecast Discussion
  • Percent Revenue Forecast by Region
  • Revenue Forecast by Region
  • Percent Unit Shipment Forecast by Region
  • Unit Shipment Forecast by Region
  • Percent Unit Shipment Forecast by End-user Sector and Type of User
  • Percent Unit Shipment Forecast by Chemistry
  • Percent Revenue Forecast by Chemistry
  • Percent Unit Shipment Forecast by Technology
  • Key Chemistry Trends
  • Value Chain
  • Value Chain Description
  • Aerospace Sealants Market - Regulatory Landscape
  • Dynamic SWOT Analysis

5. Market Share and Competitive Analysis - Total Aerospace Sealants Market

  • Market Share
  • Competitive Environment
  • Notable Mergers & Acquisitions
  • Product Matrix

6. Growth Opportunities and Companies to Action

  • Growth Opportunity 1 - Robust Growth of Unmanned Aerial Vehicles (UAVs)
  • Growth Opportunity 2 - Increased Defense Spending
  • Growth Opportunity 3 - Promotion of Indigenous Aircraft Manufacturing in China
  • Growth Opportunity 4 - Growing Trend of Lightweighting in the Aerospace Industry
  • Strategic Imperatives for Success and Growth

7. Mega Trends and Industry Convergence Implications

  • Aerospace Sealants Market - Impact of Mega Trends

8. North America Breakdown

  • Characteristics and Overview
  • Market Engineering Measurements
  • Unit Shipment and Revenue Forecast
  • Unit Shipment and Revenue Forecast Discussion
  • Percent Revenue Forecast by Sub-region
  • Percent Revenue Forecast Discussion by Sub-region
  • Percent Unit Shipment Forecast by End-user Sector
  • Percent Unit Shipment Forecast Discussion by End-user Sector
  • Percent Unit Shipment Forecast by Chemistry
  • Percent Unit Shipment Forecast Discussion by Chemistry
  • Percent Unit Shipment Forecast by Type of User
  • Percent Unit Shipment Forecast Discussion by Type of User
  • Percent Unit Shipment Forecast by Technology

9. Europe Breakdown

  • Characteristics and Overview
  • Market Engineering Measurements
  • Unit Shipment and Revenue Forecast
  • Unit Shipment and Revenue Forecast Discussion
  • Percent Revenue Forecast by Sub-region
  • Percent Revenue Forecast Discussion by Sub-region
  • Percent Unit Shipment Forecast by End-user Sector
  • Percent Unit Shipment Forecast Discussion by End-user Sector
  • Percent Unit Shipment Forecast by Chemistry
  • Percent Unit Shipment Forecast Discussion by Chemistry
  • Percent Unit Shipment Forecast by Type of User
  • Percent Unit Shipment Forecast Discussion by Type of User
  • Percent Unit Shipment Forecast by Technology

10. Asia-Pacific Breakdown

  • Characteristics and Overview
  • Market Engineering Measurements
  • Unit Shipment and Revenue Forecast
  • Unit Shipment and Revenue Forecast Discussion
  • Percent Revenue Forecast by Sub-region
  • Percent Revenue Forecast Discussion by Sub-region
  • Percent Unit Shipment Forecast by End-user Sector
  • Percent Unit Shipment Forecast Discussion by End-user Sector
  • Percent Unit Shipment Forecast by Chemistry
  • Percent Unit Shipment Forecast Discussion by Chemistry
  • Percent Unit Shipment Forecast by Type of User
  • Percent Unit Shipment Forecast Discussion by Type of User
  • Percent Unit Shipment Forecast by Technology

11. Rest of World Breakdown

  • Characteristics and Overview
  • Market Engineering Measurements
  • Unit Shipment and Revenue Forecast
  • Unit Shipment and Revenue Forecast Discussion
  • Percent Revenue Forecast by Sub-region
  • Percent Revenue Forecast Discussion by Sub-region
  • Percent Unit Shipment Forecast by End-user Sector
  • Percent Unit Shipment Forecast Discussion by End-user Sector
  • Percent Unit Shipment Forecast by Chemistry
  • Percent Unit Shipment Forecast Discussion by Chemistry
  • Percent Unit Shipment Forecast by Type of User
  • Percent Unit Shipment Forecast Discussion by Type of User
  • Percent Unit Shipment Forecast by Technology

12. The Last Word

  • The Last Word - 3 Big Predictions
  • Legal Disclaimer
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  • 3M
  • Airbus
  • Bombardier
  • Chemetall
  • Cytec Solvay
  • Dow Chemical
  • Flamemaster
  • Hernon
  • Lockheed Martin
  • Master Bond
  • Momentive
  • Northrop Grumman
  • PPC
  • Royal
  • The Boeing Company
  • W.L. Core & Associates
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