Market Overview:
The global aircraft sealants market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for new aircraft and rising air passenger traffic across the globe. In addition, the increasing adoption of advanced technologies in aircraft manufacturing is also contributing to the growth of this market. Based on type, polysulfide sealants are expected to lead the global aircraft sealants market during the forecast period from 2018 to 2030. This can be attributed to their high performance and durability characteristics as compared with other types of sealants available in this market.
Product Definition:
Aircraft sealants are used to create a watertight and airtight seal between two surfaces. They are often used in the construction of aircraft, where a tight seal is important for preventing leaks. Aircraft sealants can also be used to protect against corrosion.
Polysulfide Sealants:
Polysulfide sealants are synthetic compounds, which are made up of polyether and sulfur. They have high resistance to extreme temperatures and chemicals. It is a non-electric insulating material that can be easily fabricated in different shapes & sizes as per the end use application.
Polythioether Sealants:
Polythioether sealants are synthetic rubber-like compounds that are used as adhesives in the aerospace industry. They have high tear strength and low water vapor transmission rate (WVTR). Owing to their excellent properties, they are widely used in aircraft cabin interiors for sealing around ducts, air conditioning systems, and other components.
Application Insights:
The aircraft manufacturing segment dominated the overall market in terms of revenue share in 2017. Aircraft sealants are used to reduce the effects of cabin air leakage, corrosion and fatigue on a aircraft¢â‚¬â„¢s exterior and interior components. The use of sealants helps prevent cracks from forming on an aircraft¢â‚¬â„¢s skin as a result of thermal or mechanical stress. Sealant application also helps reduce maintenance costs associated with maintaining an aircraft¢â‚¬°s surface finish over its life cycle by reducing the amount of labor required for routine inspection and cleaning procedures.
Aircraft aftermarket is expected to be the fastest-growing application segment during the forecast period owing to increasing demand for replacement parts due to wear & tear or damage caused by accidents & incidents during operation, landings etc.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing aircraft sealants market over the forecast period. The growth of this region can be attributed to increasing demand from countries such as China, India, Japan, South Korea and Taiwan. These countries are involved in various activities for manufacturing new aircraft or planes as well as aftermarket services for these planes. Thus, it is anticipated that the demand for aircraft sealants will increase in this region over the forecast period.
The European market was valued at USD X million in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 owing to stringent regulations regarding air safety coupled with rising R&D investments by manufacturers operating within Europe’s aviation industry sector.
Growth Factors:
- Increasing demand for air travel: The global aircraft sealants market is expected to grow at a CAGR of more than 5% during the forecast period. This can be attributed to the increasing demand for air travel, especially in emerging economies such as China and India.
- Technological advancements: Aircraft sealants are witnessing technological advancements with the introduction of new products and applications that are helping reduce weight and improve performance. This is aiding in the growth of the market.
- Stringent regulations: Stringent regulations pertaining to aircraft safety are driving the need for aircraft sealants, thereby propelling its growth prospects globally. For instance, FAA (Federal Aviation Administration) has mandated that all commercial airplanes must have an effective means of sealing openings around cables, wires, and other penetrations in order to prevent debris from entering into critical areas of an airplane’s fuselage or engine compartment during flight operations or while on ground .
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Sealants Market Research Report
By Type
Polysulfide Sealants, Polythioether Sealants, Silicone Sealants, Others
By Application
Aircraft Manufacturing, Aircraft Aftermarket
By Companies
PPG Industries, 3M, Flamemaster, Chemetall, Royal Adhesives & Sealants, DowDuPont, Henkel, Permatex, Master Bond, Cytec Industries, PPG Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Sealants Market Report Segments:
The global Aircraft Sealants market is segmented on the basis of:
Types
Polysulfide Sealants, Polythioether Sealants, Silicone Sealants, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aircraft Manufacturing, Aircraft Aftermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PPG Industries
- 3M
- Flamemaster
- Chemetall
- Royal Adhesives & Sealants
- DowDuPont
- Henkel
- Permatex
- Master Bond
- Cytec Industries
- PPG Industries
Highlights of The Aircraft Sealants Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polysulfide Sealants
- Polythioether Sealants
- Silicone Sealants
- Others
- By Application:
- Aircraft Manufacturing
- Aircraft Aftermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aircraft Sealants Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aircraft sealants are a type of sealant that is used to protect aircraft surfaces from the elements. Aircraft sealants can be used on both metal and plastic surfaces. They are typically made of a polymer and an oil or grease-based substance. Aircraft sealants help to prevent water, dirt, and other debris from sticking to the surface of the aircraft.
Some of the major companies in the aircraft sealants market are PPG Industries, 3M, Flamemaster, Chemetall, Royal Adhesives & Sealants, DowDuPont, Henkel, Permatex, Master Bond, Cytec Industries, PPG Industries.
The aircraft sealants market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Sealants Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aircraft Sealants Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aircraft Sealants Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aircraft Sealants Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aircraft Sealants Market Size & Forecast, 2018-2028
4.5.1 Aircraft Sealants Market Size and Y-o-Y Growth
4.5.2 Aircraft Sealants Market Absolute $ Opportunity
Chapter 5 Global Aircraft Sealants Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aircraft Sealants Market Size Forecast by Type
5.2.1 Polysulfide Sealants
5.2.2 Polythioether Sealants
5.2.3 Silicone Sealants
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aircraft Sealants Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aircraft Sealants Market Size Forecast by Applications
6.2.1 Aircraft Manufacturing
6.2.2 Aircraft Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aircraft Sealants Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aircraft Sealants Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aircraft Sealants Analysis and Forecast
9.1 Introduction
9.2 North America Aircraft Sealants Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aircraft Sealants Market Size Forecast by Type
9.6.1 Polysulfide Sealants
9.6.2 Polythioether Sealants
9.6.3 Silicone Sealants
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aircraft Sealants Market Size Forecast by Applications
9.10.1 Aircraft Manufacturing
9.10.2 Aircraft Aftermarket
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aircraft Sealants Analysis and Forecast
10.1 Introduction
10.2 Europe Aircraft Sealants Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aircraft Sealants Market Size Forecast by Type
10.6.1 Polysulfide Sealants
10.6.2 Polythioether Sealants
10.6.3 Silicone Sealants
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aircraft Sealants Market Size Forecast by Applications
10.10.1 Aircraft Manufacturing
10.10.2 Aircraft Aftermarket
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aircraft Sealants Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aircraft Sealants Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aircraft Sealants Market Size Forecast by Type
11.6.1 Polysulfide Sealants
11.6.2 Polythioether Sealants
11.6.3 Silicone Sealants
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aircraft Sealants Market Size Forecast by Applications
11.10.1 Aircraft Manufacturing
11.10.2 Aircraft Aftermarket
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aircraft Sealants Analysis and Forecast
12.1 Introduction
12.2 Latin America Aircraft Sealants Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aircraft Sealants Market Size Forecast by Type
12.6.1 Polysulfide Sealants
12.6.2 Polythioether Sealants
12.6.3 Silicone Sealants
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aircraft Sealants Market Size Forecast by Applications
12.10.1 Aircraft Manufacturing
12.10.2 Aircraft Aftermarket
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aircraft Sealants Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aircraft Sealants Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aircraft Sealants Market Size Forecast by Type
13.6.1 Polysulfide Sealants
13.6.2 Polythioether Sealants
13.6.3 Silicone Sealants
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aircraft Sealants Market Size Forecast by Applications
13.10.1 Aircraft Manufacturing
13.10.2 Aircraft Aftermarket
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aircraft Sealants Market: Competitive Dashboard
14.2 Global Aircraft Sealants Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PPG Industries
14.3.2 3M
14.3.3 Flamemaster
14.3.4 Chemetall
14.3.5 Royal Adhesives & Sealants
14.3.6 DowDuPont
14.3.7 Henkel
14.3.8 Permatex
14.3.9 Master Bond
14.3.10 Cytec Industries
14.3.11 PPG Industries
