Aircraft Polymer Seals Market is Forecasted to Reach US$ 1.85 billion in 2028, Says Stratview Research

The global aircraft polymer seals market is projected to witness a growth rate of 7.9% annually from 2023 to 2028, with an anticipated size of US$ 1.85 billion by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global aircraft polymer seals market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
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Report Highlights:
Market Size in 2028: US$ 1.85 billion
Growth (CAGR): 7.9% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 7
Number of Tables & Graphs: 100+

Segment Insights on the Aircraft Polymer Seals Market:
The global aircraft polymer seals market is segmented based on aircraft type, application type, function type, material type, motion type, end-user type, and region.

Based on aircraft type - The market is segmented into commercial aircraft, regional aircraft, helicopters, military aircraft, and general aviation.
Despite taking a nosedive in 2020, commercial aircraft dominated the market with a share of more than 50% in 2022 & is expected to remain the largest and fastest-growing segment during the forecast period. Gradual recovery in air passenger traffic coupled with the resumption of B737 Max deliveries as well as projected market entry of aircraft programs, such as B777x, Comac C919, Irkut MC-21, and Airbus A321XLR are likely to create a healthy demand for polymer seals in the commercial aircraft segment.

Based on the application type - The market is segmented as airframes; nacelles & engines; aircraft interiors; landing gear, wheels & brakes; flight control actuation and hydraulics; and others.
Airframes occupied more than 35% of the market share in 2022, whereas nacelles & engines are likely to be the fastest-growing segment of the market during the forecast period. Airframes have a wide range of applications such as sealing doors, windows, wings, ailerons, spoilers, canopies, hatches, and various panels, creating a high demand for seals. Seals are used in a wide range of engine applications and are designed to withstand high temperatures. Fire seals are one of the widely used seal types in engines.

Based on the function type - The market is segmented as aerodynamic surface sealing, air & fluid management seals, fire seals, conductive and insulative seals, and others.
Aerodynamic surface sealing accounted for more than 30% in 2022 & is expected to remain the most dominant segment of the market during the forecast period. Aerodynamic surface sealing is used to fill gaps between flight control surfaces and wings of the aircraft where it improves aerodynamics by reducing air friction, resulting in high demand for polymer seals.

Based on the material type - The market is segmented into elastomeric seals and thermoplastic seals.
Elastomers dominated the market with a share of more than 80% in 2022 & are expected to remain the larger and faster-growing segment of the market during the forecast period. Elastomers are gaining traction in the aircraft industry as they are lighter in weight, have higher temperature resistance, and are more flexible. The high demand for lightweight aircraft is the major driving force behind the widespread use of elastomeric seals in the aircraft industry.

To know the most attractive segments, visit:
https://www.stratviewresearch.com/2952/aircraft-polymer-seals-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that North American aircraft polymer seals market held a market share of more than 45% in 2022 & is expected to remain the largest market during the forecast period. This growth outlook is majorly attributed to the following-
- The presence of major aircraft OEMs, tier players, raw material suppliers, and part fabricators in the region is driving the market growth.
- Asia-Pacific is likely to be the fastest-growing region, owing to rising passenger traffic, the opening of assembly plants by Airbus and Boeing for multiple aircraft programs, and the upcoming indigenous aircraft, C919.

Aircraft Polymer Seals Market Drivers:

Some of the key drivers listed in the report are given below.
- The aviation industry requires high-performance seals that can withstand extreme temperatures and pressure and can resist wear and tear. This demand can be met by polymer seals that are designed to meet these specific requirements.
- The increase in aircraft fleet size also leads to the need for regular maintenance and replacement of aircraft polymer seals, which further drives the demand for these products.
- The growing trend towards lightweight and fuel-efficient aircraft designs also creates opportunities for new and innovative aircraft polymer seals that can reduce weight and improve performance.
- The development and introduction of new aircraft often require the use of advanced materials and technologies, including new types of polymer seals.

Top Companies in the Aircraft Polymer Seals Market:
Stratview Research has identified the following companies as the top market players (Based on Dominance).
• Freudenberg Group
• Meggitt Plc
• Hutchinson SA
• TransDigm Group Incorporated (Kirkhill)
• Trelleborg AB

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Aircraft Polymer Seals Market, answering critical questions like:

• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

This release was published on openPR.