Aircraft High-Performance Thermoplastic Seals Market is Forecasted to Reach US$ 270 million in 2028, Says Stratview Research

The global aircraft high-performance thermoplastic seals market is projected to witness a growth rate of 7.1% annually from 2023 to 2028, with an anticipated size of US$ 270 million by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global aircraft high-performance thermoplastic 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$ 270 million
Growth (CAGR): 7.1% 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 High-Performance Thermoplastic Seals Market:
The global aircraft high-performance thermoplastic seals market is segmented based on aircraft type, application type, product type, motion type, material 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. Commercial aircraft is expected to be the dominant as well as the fastest-growing segment of the market. The B737 Max, A320neo family, B787, and A350XWB are the major contributors to the demand for high-performance thermoplastic seals. The COMAC C919 is likely to add some growth to the market. COMAC has a huge plan to raise the production rates of C919.

Based on the application type - The market is segmented into nacelles & engines; interiors; landing gear, wheels, and brakes; flight control actuation and hydraulics; and others. Flight control actuation and hydraulics are expected to remain the dominant as well as the fastest-growing application category for high-performance thermoplastic seals during the forecast period. A large number of applications, such as spoilers, rudders, ailerons, door actuators, and linear utility actuators, rely on high-performance thermoplastic seals.

Based on the product type - The market is segmented into lip seals, energized seals, and others. Energized seals are expected to remain the dominant as well as the fastest-growing product in the market during the forecast period. The use of energized seals results in decreased downtime and improved productivity. Key applications of energized seals include APUs, brakes, fuel controls, pumps, valves, gearboxes, hydraulic systems, oxygen systems, landing gears, etc. Energized seals offer higher sealing ability, durability, and improved aerodynamic performance, leading to their higher demand in the market.

Based on the material type - The market is segmented into PTFE and PAEK Family. PTFE is expected to remain the largest and fastest-growing material in the market during the forecast period. PTFE is compatible with various mating materials commonly found in aerospace applications, including metals and other polymers. Trelleborg is the pioneer in PTFE seals and provides a large variety of aircraft PTFE seals.

Based on the end-user type - The market is segmented into OE and aftermarket. OE is expected to be the dominant segment of the aircraft high-performance thermoplastic seals market. The growth of high-performance thermoplastic seals in the OE segment is driven by a combination of industry trends, technological advancements, regulatory considerations, and the increasing demand for efficient and reliable aircraft. As the aerospace industry continues to evolve, the demand for advanced sealing solutions is expected to persist.

To know the most attractive segments, visit:
https://www.stratviewresearch.com/3669/aircraft-high-performance-thermoplastic-seals-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Asia-Pacific is likely to grow at the fastest rate, with China and India being the growth engines of the market. This growth outlook is majorly attributed to the following-
- An increasing defense budget, the launch of COMAC C919, the opening of assembly plants by Boeing and Airbus for their key programs, and a rising aircraft fleet size to support rising passenger traffic.
- China constitutes over 20% of the world's aircraft market.
- Airbus is planning to set up a second production line in China for the A320 family by 2026.
- India is rapidly becoming an attractive market for all categories. In 2023, IndiGo and Air India have together placed orders for 970 planes.

Aircraft High-Performance Thermoplastic Seals Market Drivers:

Some of the key drivers listed in the report are given below.
- Increasing aircraft deliveries, growing fleet size, advent of new efficient variants of existing aircraft, increasing global military expenditure.
- Continuous increase in the demand for lightweight and durable seals at both OE and aftermarket levels.

Top Companies in the Aircraft High-Performance Thermoplastic Seals Market:
Stratview Research has identified the following companies as the top market players (Based on Dominance).
• Greene Tweed
• Parker Hannifin Corporation
• SKF Group
• Saint-Gobain S.A.
• Trelleborg AB

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Aircraft High-Performance Thermoplastic 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?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:

• Aircraft Landing Gear Market: https://www.stratviewresearch.com/694/aircraft-landing-gear-market.html

• Aerospace Flight Control Actuators Market: https://www.stratviewresearch.com/3424/aerospace-flight-control-actuators-market.html

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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.
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This release was published on openPR.