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Aerospace Sealants Market Comprehensive Research by Including Top Companies: PPG Industries, 3M, Flamemaster, Chemetall, Royal Adhesives & Sealants, Dow Corning, Henkel etc.
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.
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This report studies the global Aerospace Sealants market status and forecast, categorizes the global Aerospace Sealants market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
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 global Aerospace Sealants market is valued at 1180 million US$ in 2017 and will reach 1830 million US$ by the end of 2025, growing at a CAGR of 5.7% during 2018-2025.
The major manufacturers covered in this report
PPG Industries
3M
Flamemaster
Chemetall
Royal Adhesives & Sealants
Dow Corning
Henkel
Permatex
Master Bond
Cytec Industries
AVIC
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
Southeast Asia
India
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