Aerospace & Defense Elastomers Market by Type (EPDM, Fluoroelastomers, Silicone Elastomers), Application (O-Rings & Gaskets, Seals, Profiles, Hoses), and Region (North America, Europe, South America, Rest of the World) - Global Forecast to 2022

  • ID: 4481140
  • Report
  • Region: Global, America, Europe, North America, United States
  • 102 Pages
  • Markets and Markets
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The Aerospace & Defense Elastomers Market is Projected to Grow from USD 54.3 Million in 2017 to USD 70.8 Million by 2022, at a CAGR Of 5.5 % from 2017 to 2022

FEATURED COMPANIES

  • 3M
  • Esterline
  • Jonal Laboratories, Inc
  • Quantum Silicones
  • Seal Science, Inc
  • Technetics
  • MORE

“The increased demand for refined products and clean fuels is expected to drive the growth of the aerospace & defense elastomers market across the globe.”

One of the most significant factors driving the growth of the aerospace & defense elastomers market is the increased demand for aerospace & defense elastomers from emerging economies such as India and China, among others. However, military budgets of several western countries over the last few years have been dwindling as governments of these countries have been focused on managing post-2008 recession deficits, thereby keeping budgets under control. As the increased defense spending of emerging economies may not overcome the revenues lost due to the budget cuts by various western countries, several aerospace firms are making efforts to optimize their manufacturing processes to stay competitive in the market. Furthermore, the aerospace industry is cyclical in nature with each cycle recurring roughly after every 10 years, thereby making it vulnerable to the fluctuating global situations. This, in turn, can have an adverse impact on the growth of the aerospace & defense elastomers market across the globe during the forecast period.

“The Ethylene Propylene Diene Monomer (EPDM) type segment is expected to lead the aerospace & defense elastomers market from 2017 to 2022, in terms of volume.”

Among types, the Ethylene Propylene Diene Monomer (EPDM) segment is estimated to account for the largest share of the aerospace & defense elastomers market in 2017, in terms of volume. Aerospace & defense elastomers are generally used to manufacture lightweight diaphragms as well as bladders of tanks. They have good chemical stability and offer excellent resistance to fuels. Currently, they are used in a number of applications to develop aircraft wing seals, landing strut seals, hatch seals, and cable blocks. They are durable in nature and have design versatility. They allow for easy installation. EPDM elastomers are also used to manufacture cost-effective diaphragms.

“The increasing demand for aerospace & defense elastomers from Rest of the World is driving the growth of the aerospace & defense elastomers market.”

The aerospace & defense elastomers market in Rest of the World is projected to grow at the highest CAGR during the forecast period, in terms of value and volume. China and India are the key markets for aerospace & defense elastomers in Rest of the World. The increased demand for new aircraft from emerging economies such as China and India is projected to drive the growth of the aerospace & defense elastomers market in Rest of the World.

The break-up of primary interviews is given below.

  • By Company Type: Tier 1 – 25%, Tier 2 – 25%, and Others – 50%
  • By Designation: C Level – 12%, D Level – 38%, and Others – 50%
  • By Region: North America – 25%, Europe – 25%, South America – 12%, and Rest of the World– 38%

The key companies profiled in this research report on the aerospace & defense elastomers market include Trelleborg (Sweden), Shin-Etsu Chemical (Japan), Dow Corning (US), Greene, Tweed (US), Chemours (US), Wacker Chemie (Germany), Momentive (US), Saint-Gobain (France), and Solvay (Belgium), among others.

Research Coverage

The aerospace & defense elastomers market has been segmented based on type, application, and region. This report covers the aerospace & defense elastomers market, in terms of value and volume, and forecasts its size till 2022. Based on type, the aerospace & defense elastomers market has been classified into Ethylene Propylene Diene Monomer (EPDM), silicone elastomers, and fluoroelastomers. Based on application, the market has been segmented into O-rings & gaskets, seals, profiles, and hoses. Based on region, the aerospace & defense elastomers market has been classified into North America, Europe, South America, and Rest of the World. The key countries considered for the market analysis in these regions include China, India, New Zealand, the US, Canada, Germany, Italy, France, Switzerland, Austria, and Brazil, among others. The report also provides company profiles and competitive strategies adopted by the key players to strengthen their position in the aerospace & defense elastomers market.
 
Reasons to Buy the Report
 
The report is expected to help market leaders as well as new entrants in the aerospace & defense elastomers market in the following ways:

  • This report segments the aerospace & defense elastomers market and provides the closest approximations of revenue numbers for the overall market and its subsegments across different regions.
  • This report helps stakeholders understand the pulse of the aerospace & defense elastomers market and provides them with the information on key drivers, restraints, challenges, and opportunities influencing the growth of the market.
  • This report helps stakeholders identify competitors and gain insights to improve their position in the aerospace & defense elastomers market. The competitive landscape section includes new product launches, expansions, agreements, acquisitions, and joint ventures.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • 3M
  • Esterline
  • Jonal Laboratories, Inc
  • Quantum Silicones
  • Seal Science, Inc
  • Technetics
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Unit Considered
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Estimation
2.2.1 Top-Down Approach
2.2.2 Bottom-Up Approach
2.3 Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Aerospace & Defense Elastomers Market Overview, 2017 vs 2022
4.2 Aerospace & Defense Elastomers Market, By Application
4.3 Aerospace & Defense Elastomers, By Region
4.4 Aerospace & Defense Elastomers Market, By Application and Country
4.5 Aerospace & Defense Elastomers Market Attractiveness

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Sustained Technological Advancement
5.2.1.2 Replacement of Aging Aircraft
5.2.2 Restraints
5.2.2.1 Stagnant Western Markets
5.2.3 Opportunities
5.2.3.1 Manufacturing Optimization Through New Technologies
5.2.4 Challenges
5.2.4.1 Major Manufacturers are Demanding Cost Reductions
5.2.4.2 Highly Cyclical Nature of the Aerospace Industry
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Buyers
5.3.4 Bargaining Power of Suppliers
5.3.5 Intensity of Competitive Rivalry
5.4 Macroeconomic Indicators
5.4.1 GDP Growth Rate Forecast of Major Economies

6 Aerospace & Defense Elastomers Market, By Type
6.1 Introduction
6.2 EPDM
6.3 Fluoroelastomers
6.4 Silicone Elastomers
6.5 Others

7 Aerospace & Defense Elastomers Market, By Application
7.1 Introduction
7.2 O-Rings & Gaskets
7.3 Seals
7.4 Profiles
7.5 Hoses
7.6 Others

8 Aerospace & Defense Elastomers Market, By Region
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.3 Europe
8.3.1 France
8.3.2 Italy
8.3.3 Austria
8.3.4 Switzerland
8.3.5 Germany
8.4 South America
8.4.1 Brazil
8.5 RoW
8.5.1 China
8.5.2 India
8.5.3 New Zealand

9 Competitive Landscape
9.1 Overview
9.2 Market Ranking of Key Players
9.3 Competitive Situations & Trends
9.4 Contracts, Expansions, Agreements, & Investments
9.5 Partnerships & Joint Ventures
9.6 New Product Launches

10 Company Profiles
10.1 Trelleborg
10.1.1 Business Overview
10.1.2 Products Offered
10.1.3 SWOT Analysis
10.1.4 MnM View
10.2 Shin-Etsu Chemical
10.2.1 Business Overview
10.2.2 Products Offered
10.2.3 Recent Developments
10.2.4 SWOT Analysis
10.2.5 MnM View
10.3 DOW Corning
10.3.1 Business Overview
10.3.2 Products Offered
10.3.3 SWOT Analysis
10.3.4 MnM View
10.4 Greene, Tweed
10.4.1 Business Overview
10.4.2 Products Offered
10.4.3 SWOT Analysis
10.4.4 Recent Developments
10.4.5 MnM View
10.5 Chemours
10.5.1 Business Overview
10.5.2 Products Offered
10.5.3 SWOT Analysis
10.5.4 Recent Developments
10.5.5 MnM View
10.6 Wacker Chemie AG
10.6.1 Business Overview
10.6.2 Products Offered
10.6.3 Recent Developments
10.6.4 SWOT Analysis
10.6.5 MnM View
10.7 Momentive Performance Materials Inc.
10.7.1 Business Overview
10.7.2 Products Offered
10.7.3 SWOT Analysis
10.7.4 MnM View
10.8 Saint-Gobain
10.8.1 Business Overview
10.8.2 Products Offered
10.8.3 SWOT Analysis
10.8.4 MnM View
10.9 Solvay
10.9.1 Business Overview
10.9.2 Products Offered
10.9.3 SWOT Analysis
10.9.4 Recent Developments
10.9.5 MnM View
10.10 Lanxess
10.10.1 Business Overview
10.10.2 Products Offered
10.10.3 SWOT Analysis
10.10.4 Recent Developments
10.10.5 MnM View
10.11 Other Companies
10.11.1 3M
10.11.2 Chenguang Fluoro & Silicone Elastomers Co.,Ltd
10.11.3 Esterline
10.11.4 Holland Shielding
10.11.5 Jonal Laboratories, Inc
10.11.6 Polymod Technologies
10.11.7 Quantum Silicones
10.11.8 Rogers Corporation
10.11.9 Seal Science, Inc
10.11.10 Specialised Polymer Engineering
10.11.11 Specialty Silicone Products
10.11.12 Technetics
10.11.13 TRP Polymer Solutions Limited.
10.11.14 Unimatec
10.11.15 Zeon Chemicals

11 Appendix
11.1 Insights From Industry Experts
11.2 Discussion Guide
11.3 Knowledge Store: Subscription Portal
11.4 Introducing RT: Real-Time Market Intelligence
11.5 Related Reports
11.6 Author Details

List of Tables (48 Tables)
Table 1 Trends and Forecast of Real GDP Growth Rates Between 2017 and 2022
Table 2 Aerospace & Defense Elastomers Market Size, By Type, 2015–2022 (USD Million)
Table 3 Aerospace & Defense Elastomers Market Size, By Type, 2015–2022 (Ton)
Table 4 Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (USD Million)
Table 5 Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (Ton)
Table 6 Aerospace & Defense Elastomers Market Size, By Region, 2015–2022 (USD Million)
Table 7 Aerospace & Defense Elastomers Market Size, By Region, 2015–2022 (Ton)
Table 8 North America: Aerospace & Defense Elastomers Market Size, By Country, 2015–2022 (USD Million)
Table 9 North America: Aerospace & Defense Elastomers Market Size, By Country, 2015–2022 (Ton)
Table 10 North America: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (USD Million)
Table 11 North America: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (Ton)
Table 12 US: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (USD Million)
Table 13 US: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (Ton)
Table 14 Canada: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (USD Million)
Table 15 Canada: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (Ton)
Table 16 Europe: Aerospace & Defense Elastomers Market Size, By Country, 2015–2022 (USD Million)
Table 17 Europe: Aerospace & Defense Elastomers Market Size, By Country, 2015–2022 (Ton)
Table 18 Europe: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (USD Million)
Table 19 Europe: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (Ton)
Table 20 France: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (USD Million)
Table 21 France: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (Ton)
Table 22 Italy: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (USD Million)
Table 23 Italy: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (Ton)
Table 24 Austria: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (USD Million)
Table 25 Austria: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (Ton)
Table 26 Switzerland: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (USD Million)
Table 27 Switzerland: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (Ton)
Table 28 Germany: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (USD Million)
Table 29 Germany: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (Ton)
Table 30 South America: Aerospace & Defense Elastomers Market Size, By Country, 2015–2022 (USD Million)
Table 31 South America: Aerospace & Defense Elastomers Market Size, By Country, 2015–2022 (Ton)
Table 32 South America: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (USD Million)
Table 33 South America Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (Ton)
Table 34 Brazil: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (USD Million)
Table 35 Brazil: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (Ton)
Table 36 RoW: Aerospace & Defense Elastomers Market, By Country, 2015–2022 (USD Million)
Table 37 RoW: Aerospace & Defense Elastomers Market, By Country, 2015–2022 (Ton)
Table 38 RoW: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (USD Million)
Table 39 RoW: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (Ton)
Table 40 China: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (USD Million)
Table 41 China: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (Ton)
Table 42 India: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (USD Million)
Table 43 India: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (Ton)
Table 44 New Zealand: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (USD Million)
Table 45 New Zealand: Aerospace & Defense Elastomers Market Size, By Application, 2015–2022 (Ton)
Table 46 Contracts, Expansions, Agreements, & Investments, 2015–2017
Table 47 Partnerships & Joint Ventures, 2015–2017
Table 48 New Product Launches, 2015–2017

List of Figures (24 Figures)
Figure 1 Aerospace & Defense Elastomers Market: Research Design
Figure 2 Fluoroelastomers to Be the Largest Type Between 2017 and 2022
Figure 3 O-Rings & Gaskets to Be the Largest Application of Aerospace & Defense Elastomers Between 2017 and 2022
Figure 4 RoW to Be the Fastest-Growing Aerospace & Defense Elastomers Market Between 2017 and 2022
Figure 5 North America Was the Largest Aerospace & Defense Elastomers Market in 2016
Figure 6 Aerospace & Defense Elastomers Market to Witness Moderate Growth Between 2017 and 2022
Figure 7 O-Rings & Gaskets to Be the Largest Market During Forecast Period
Figure 8 RoW to Register Highest CAGR During Forecast Period
Figure 9 US Accounted for Largest Market Share in 2016
Figure 10 RoW to Be Fastest-Growing Market Between 2017 and 2022
Figure 11 Factors Governing Aerospace & Defense Elastomers Market
Figure 12 Porter’s Five Forces Analysis: Aerospace & Defense Elastomers Market
Figure 13 China, India, and Brazil are Emerging as New Hotspots
Figure 14 North America: Aerospace & Defense Elastomers Market Snapshot
Figure 15 RoW: Aerospace & Defense Elastomers Market Snapshot
Figure 16 Companies Adopted Contracts, Expansions, & Agreements, and Partnerships & Joint Ventures as the Key Strategies Between 2015 and 2017
Figure 17 Trelleborg: Company Snapshot
Figure 18 Shin-Etsu Chemical: Company Snapshot
Figure 19 Chemours: Company Snapshot
Figure 20 Wacker Chemie AG: Company Snapshot
Figure 21 Momentive Performance Materials Inc.: Company Snapshot
Figure 22 Saint-Gobain: Company Snapshot
Figure 23 Solvay: Company Snapshot
Figure 24 Lanxess: Company Snapshot

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • 3M
  • Esterline
  • Jonal Laboratories, Inc
  • Quantum Silicones
  • Seal Science, Inc
  • Technetics
  • MORE

The aerospace & defense elastomers market is projected to grow from USD 54.3 million in 2017 to USD 70.8 million by 2022, at a CAGR of 5.5% from 2017 to 2022. The growth of the aerospace & defense elastomers market across the globe can be attributed to the increasing consumption of aerospace & defense elastomers in the aviation industry of emerging economies such as India and China. In addition, the replacement of the existing aircraft by new aircraft is also expected to drive the growth of the aerospace & defense elastomers market across the globe.

Aerospace & defense elastomers are used in O-Rings & gaskets, seals, profiles, and hoses. Among applications, the O-rings & gaskets segment is projected to lead the aerospace & defense elastomers market between 2017 and 2022 in terms of volume. The growth of this segment of the market can be attributed to the increasing use of O-rings & gaskets in the static sealing applications, wherein simple, economical, and leak-proof performance is required.

O-rings can be manufactured using various types of aerospace elastomers and are available in all internationally recognized standard sizes. Gaskets are used to completely plug the empty space between two surfaces. The type of elastomers used for manufacturing gaskets depends on a broad range of variables such as working temperature range that gaskets have to withstand, their mechanical properties, and chemical resistance offered by them to acids.

Based on type, the fluoroelastomers segment accounted for the largest share of the aerospace & defense elastomers market in 2017, in terms of value. The growth of this segment of the market can be attributed to the excellent resistance to heat and weathering offered by fluoroelastomers as well as their extraordinary sealing and mechanical properties. Thus, fluoroelastomers are increasingly being used in aircraft engines and fuel handling systems, thereby leading to their growing demand from the aviation industry.

The aerospace & defense elastomers market has been studied in North America, Europe, South America, and Rest of the World. The North American region was the largest market for aerospace & defense elastomers market is 2017, in terms of volume and value, and is expected to remain the largest market by 2022. The growth of the North America aerospace & defense elastomers market can be attributed to the upgradation and expansion of the existing aviation infrastructure in countries such as the US. The Rest of the World aerospace & defense elastomers market is projected to grow at the highest CAGR between 2017 and 2022, in terms of value and volume. The increasing demand for aerospace & defense elastomers for assembling different components of aircraft in Rest of the World is expected to drive the growth of the Rest of the World aerospace & defense elastomers market during the forecast period.

The highly cyclical nature of the aerospace industry poses a key challenge for the growth of the aerospace & defense elastomers market. The main reasons for this cyclical nature of the aerospace industry are the fluctuations in demand for commercial aircraft and irregular defense spending of developed countries. Apart from that, the general health of the airline industry also affects the sales of commercial aircraft across the globe. Moreover, as the aerospace industry is vulnerable to the fluctuating global situations, it also adversely impacts the growth of the aerospace & defense elastomers market across the globe.

The key players operating in the aerospace & defense elastomers market include Trelleborg (Sweden), Shin-Etsu Chemical (Japan), Dow Corning (US), Greene, Tweed (US), Chemours (US), Wacker Chemie (Germany), Momentive (US), Saint-Gobain (France), and Solvay (Belgium), among others. These companies are expected to venture into new markets to widen their customer base and strengthen their market presence. Other manufacturers of aerospace & defense elastomers include Esterline (US), Fralock (US), Chenguang Fluoro & Silicone Elastomers (China), Holland Shielding (Netherlands), Jonal Laboratories (US), Polymod Technologies (US), Rogers Corporation (US), Seal Science (US), Specialised Polymer Engineering (UK), Specialty Silicone Products (US), Unimatec (Japan), and Zeon Chemicals (Japan).

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  • 3M
  • Chemours
  • Chenguang Fluoro & Silicone Elastomers Co.,Ltd
  • DOW Corning
  • Esterline
  • Greene, Tweed
  • Holland Shielding
  • Jonal Laboratories, Inc
  • Lanxess
  • Momentive Performance Materials Inc.
  • Polymod Technologies
  • Quantum Silicones
  • Rogers Corporation
  • Saint-Gobain
  • Seal Science, Inc
  • Shin-Etsu Chemical
  • Solvay
  • Specialised Polymer Engineering
  • Specialty Silicone Products
  • TRP Polymer Solutions Limited.
  • Technetics
  • Trelleborg
  • Unimatec
  • Wacker Chemie AG
  • Zeon Chemicals
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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