Aircraft Elastomers Market
Report code - SRAD178 | Published On : NA | Status: Upcoming

Aircraft Elastomers Market by Aircraft Type (Commercial Aircraft, Regional Aircraft, Helicopter, General Aviation, and Military Aircraft), by Material Type (EPDM, Fluoroelastomers, Silicone Elastomers, and Others), by Application Type (O-Rings, Gaskets, Seals, Profiles, and Hoses), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023

This report, from Stratview Research, studies the elastomers market in the aircraft industry over the trend period 2012 to 2017 and the forecast period 2018 to 2023 both in terms of value and volume. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The Global Aircraft Elastomers Market: Highlights

The next five years for the aircraft elastomers market are going to be vigorous for both existing as well as new players. The market is likely to register a healthy CAGR of 5.1% over the next five years, propelled by a host of factors including increased production of commercial aircraft, such as B737 and B787; introduction of fuel-efficient aircraft, such as A320neo and B737 Max; advancement in elastomers; stringent fire test standards; and rising aircraft fleet size.

Elastomers are used to make seals, gaskets, etc. in the aircraft industry that is ultimately used for various applications including airframe seals, such as windows, doors, ailerons, flaps, and access panels; and fire seals, such as starters, generator exhaust, and auxiliary power unit. There has been a significant evolution in design and materials with regards to elastomers in the aircraft industry to address the changing business needs, market competition and stringent regulations.

Airlines’ requirement for fuel-efficient aircraft shows no signs of abating. This is corresponding enormous pressure on aircraft OEMs as well as tier players. Aircraft OEMs along with tier players are advancing their aircraft by either improving the design or incorporating lightweight parts in order to make the aircraft lighter for consuming less fuel. Seals and gaskets also experiencing a remarkable change in design and materials.

Similarly, stringent fire and passenger safety regulations are imprinting a significant impact on the elastomers market dynamics. For instance; FAA and Civil Aviation Authority have made it compulsory to conduct fire test of elastomeric seals with propane and oil burners with the purpose to assure safety of onboard passengers from fire.

The global aircraft elastomers market is segmented based on the aircraft type as Commercial Aircraft, Regional Aircraft, Military Aircraft, General Aviation, and Helicopter. Commercial aircraft is likely to remain the largest and fastest-growing segment of the market during the forecast period of 2018 to 2023, driven by an increasing demand for commercial aircraft to support the rising air passenger and freight traffic. Boeing anticipated that there would be total deliveries of 41,030 commercial aircraft worth US$ 6.1 trillion in the global marketplace during 2017-2036. Asia-Pacific and North America would be the biggest demand generators with a combined share of 60.2% of the total commercial aircraft deliveries during 2017-2036. An expected healthy CAGR of 4.7% in air passenger traffic during 2017-2036 will chiefly drive the demand for commercial aircraft. This factor will create a sustainable demand for elastomers in the industry in the foreseeable future.  

Based on the material type, the aircraft elastomers market is segmented as Ethylene Propylene Diene Monomer (EPDM), Fluoroelastomers, Silicone Elastomers, and Others. Fluoroelastomers are projected to remain the most dominant material segment of the market during the forecast period, driven by higher usage in aircraft engines and fuel sections, owing to their good chemical resistance and cold-flexibility with operating temperatures ranging between -20°C and 200°C.

Silicone elastomers are likely to be the fastest-growing material segment of the market during the same period, propelled by its increasing traction in many applications including gaskets, molded seals, airframe, aerodynamic, and engine seals. They also offer excellent heat resistance, cold flexibility, dielectric properties, and good resistance to oxygen and ozone and have operating temperatures ranging between -60°C and 200°C. Silicone elastomers are replacing neoprene in many aviation seals as it is up to 15% lighter. Furthermore, there has been an advancement in the silicone polymers, which are even more lighters.

Based on the application type, the aircraft elastomers market is segmented as O-Rings, Gaskets, Seals, Profiles, and Hoses. O-Rings and gaskets are two major applications of the market and are likely to remain the dominant ones over the next five years as well. These applications found usage in almost all parts of an aircraft including airframe, engines, interiors, control surfaces, and landing gears. Nitrile Butadiene Rubber (NBR), Fluorocarbon Rubber (FKM), Ethylene Propylene Diene Monomer (EPDM), and Silicone Rubber (Q) are the most common materials used to manufacture O-rings and gaskets.    

In terms of regions, North America is likely to remain the most dominant market over the next five years, driven by the USA. The country is the largest manufacturer of aircraft worldwide with the presence of major commercial, regional, business jet, and military aircraft manufacturers. The country also holds a long list of tier-I and -II players, which require elastomeric seals on a daily basis for components/systems manufactured.

Europe, another major market for aircraft elastomers, is likely to witness a healthy growth rate over the next five years, driven by increasing production rates of key Airbus aircraft programs, A320 family including neo version and A350XWB. The region also holds a vast list of tier players to support the assembly plants of major European airframers including Airbus Group and ATR.

Asia-Pacific is likely to experience the highest growth during the forecast period. China, Japan, and India are the growth engine of Asia-Pacific’s market for aircraft elastomers as tier players are opening their plants in these countries to tap the huge local potential. Increasing military budget to procure advanced military aircraft, upcoming indigenous commercial and regional aircraft (COMAC C919 and Mitsubishi MRJ), opening of assembly plants of Airbus and Boeing in China, and increasing commercial aircraft fleet size are the major factors that are bolstering the demand for elastomers for the aircraft industry in Asia-Pacific.

The supply chain of this market comprises raw material suppliers, elastomer producers, seal manufacturers, tier players, aircraft OEMs, MRO companies, and airlines. The key aircraft elastomer manufacturers are Trelleborg AB, Dow Corning Corporation, Shin-Etsu Chemical Co. Ltd., Greene Tweed & Co. Inc., TransDigm Group, Solvay S.A., Lanxess Aktiengesellschaft, Momentive Performance Materials Inc., Saint-Gobain, The Chemours Company, and Wacker Chemie AG.

Changing market dynamics and competitive landscapes are compelling the market players to keep advancing their materials and work closely with tier players to develop advanced elastomers addressing their emergent market requirements. Advancement in elastomers, collaborations with tier players and OEMs,  and execution of mergers and acquisitions are the key strategies adopted by the major players to gain a competitive edge in the market.

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. More than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts have been executed to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors 

The global aircraft elastomers market is segmented into the following categories. 

Aircraft Elastomers Market, By Aircraft Type

  • Commercial Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Regional Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Helicopter (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • General Aviation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Military Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Aircraft Elastomers Market, By Material Type

  • EPDM (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Fluoroelastomers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Silicone Elastomers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Aircraft Elastomers Market, By Application Type

  • O-Rings (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Gaskets (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Seals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Profiles (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Hoses (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Aircraft Elastomers Market, By Region

  • North America (Country Analysis: The USA, Canada, and Mexico)
  • Europe (Country Analysis: Germany, France, The UK, Italy, Russia, and Rest of Europe)
  • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
  • Rest of the World (Country Analysis: Brazil, Argentina, and Others) 

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

  • Detailed profiling of additional market players (up to 3 players)
  • SWOT analysis of key players (up to 3 players)

Regional Segmentation

  • Current market size (2017) of aircraft elastomers market in any of the North American country by aircraft type 

Competitive Benchmarking

  • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.


List of Figures

List of Tables

Disclaimer

Copyright

Abbreviation

Currency Exchange

About Us

Report Scope

Report Objectives 

Research Methodology

Secondary Research

Key Information Gathered from Secondary Research

Primary Research

Key Information Gathered from Primary Research

Breakdown of Primary Interviews by Region, Designation, and Value Chain Node

Data Analysis and Triangulation

1.      Executive Summary  

2.      Aircraft Elastomers Market - Overview and Market Forces

2.1.                Introduction

2.2.                Market Classification

2.2.1.                         By Aircraft Type

2.2.2.                         By Material Type

2.2.3.                         By Application Type

2.2.4.                         By Region

2.3.                Market Drivers

2.4.                Market Constraints

2.5.                Supply Chain Analysis

2.6.                Industry Life Cycle Analysis

2.7.                PEST Analysis: Impact Assessment of Changing Business Environment

2.8.                Porter’s Five Forces Analysis

2.8.1.                         Bargaining Power of Suppliers

2.8.2.                         Bargaining Power of Customers

2.8.3.                         Threat of New Entrants

2.8.4.                         Threat of Substitutes

2.8.5.                         Competitive Rivalry

2.9.                SWOT Analysis

3.      Aircraft Elastomers Market Analysis – By Aircraft Type 

3.1.                Strategic Insights 

3.2.                Commercial Aircraft Elastomers Market Trend and Forecast (US$ Million)  

3.2.1.                         Regional Trend and Forecast (US$ Million)

3.3.                Regional Aircraft Elastomers Market Trend and Forecast (US$ Million)  

3.3.1.                         Regional Trend and Forecast (US$ Million)

3.4.                General Aviation Elastomers Market Trend and Forecast (US$ Million)  

3.4.1.                         Regional Trend and Forecast (US$ Million)

3.5.                Helicopter Aircraft Elastomers Market Trend and Forecast (US$ Million)  

3.5.1.                         Regional Trend and Forecast (US$ Million)

3.6.                Military Aircraft Elastomers Market Trend and Forecast (US$ Million)  

3.6.1.                         Regional Trend and Forecast (US$ Million)

4.      Aircraft Elastomers Market Analysis – By Material Type

4.1.                Strategic Insights 

4.2.                Aircraft EPDM Market Trend and Forecast (US$ Million)  

4.2.1.                         Regional Trend and Forecast (US$ Million)

4.3.                Aircraft Fluoroelastomers Market Trend and Forecast (US$ Million)  

4.3.1.                         Regional Trend and Forecast (US$ Million)

4.4.                Aircraft Silicone Elastomers Market Trend and Forecast (US$ Million)  

4.4.1.                         Regional Trend and Forecast (US$ Million)

4.5.                Aircraft Other Elastomers Market Trend and Forecast (US$ Million)  

4.5.1.                         Regional Trend and Forecast (US$ Million)

5.      Aircraft Elastomers Market Analysis – By Application Type

5.1.                Strategic Insights 

5.2.                O-Rings: Aircraft Elastomers Market Trend and Forecast (US$ Million)  

5.2.1.                         Regional Trend and Forecast (US$ Million)

5.3.                Gaskets: Aircraft Elastomers Market Trend and Forecast (US$ Million)  

5.3.1.                         Regional Trend and Forecast (US$ Million)

5.4.                Seals: Aircraft Elastomers Market Trend and Forecast (US$ Million)  

5.4.1.                         Regional Trend and Forecast (US$ Million)

5.5.                Profiles: Aircraft Elastomers Market Trend and Forecast (US$ Million)  

5.5.1.                         Regional Trend and Forecast (US$ Million)

5.6.                Hoses: Aircraft Elastomers Market Trend and Forecast (US$ Million)  

5.6.1.                         Regional Trend and Forecast (US$ Million)

6.      Aircraft Elastomers Market Analysis – By Region 

6.1.                Strategic Insights 

6.2.                North American Aircraft Elastomers Market Analysis

6.2.1.                         North American Aircraft Elastomers Market T&F, by Country (US$ Million)  

6.2.1.1.                                   The USA: Aircraft Elastomers Market T&F (US$ Million)

6.2.1.2.                                   Canada: Aircraft Elastomers Market T&F (US$ Million)

6.2.1.3.                                   Mexico: Aircraft Elastomers Market T&F (US$ Million)

6.2.2.                         North American Aircraft Elastomers Market T&F, by Aircraft Type (US$ Million)  

6.2.3.                         North American Aircraft Elastomers Market T&F by Material Type (US$ Million)

6.2.4.                         North American Aircraft Elastomers Market T&F by Application Type (US$ Million)

6.3.                European Aircraft Elastomers Market Analysis

6.3.1.                         European Aircraft Elastomers Market T&F, by Country (US$ Million)

6.3.1.1.                                   Germany: Aircraft Elastomers Market T&F (US$ Million)

6.3.1.2.                                   France: Aircraft Elastomers Market T&F (US$ Million)

6.3.1.3.                                   The United Kingdom: Aircraft Elastomers Market T&F (US$ Million)

6.3.1.4.                                   Russia: Aircraft Elastomers Market T&F (US$ Million)

6.3.1.5.                                   Rest of Europe: Aircraft Elastomers Market T&F (US$ Million)

6.3.2.                         European Aircraft Elastomers Market T&F, by Aircraft Type (US$ Million)

6.3.3.                         European Aircraft Elastomers Market T&F, by Material Type (US$ Million)

6.3.4.                         European Aircraft Elastomers Market T&F, by Application Type (US$ Million)

6.4.                Asia-Pacific’s Aircraft Elastomers Market Analysis

6.4.1.                         Asia-Pacific’s Aircraft Elastomers Market T&F, by Country (US$ Million)

6.4.1.1.                                   Japan: Aircraft Elastomers Market T&F (US$ Million)

6.4.1.2.                                   China: Aircraft Elastomers Market T&F (US$ Million)

6.4.1.3.                                   South Korea: Aircraft Elastomers Market T&F (US$ Million)

6.4.1.4.                                   India: Aircraft Elastomers Market T&F (US$ Million)

6.4.1.5.                                   Rest of Asia-Pacific: Aircraft Elastomers Market T&F (US$ Million)

6.4.2.                         Asia-Pacific’s Aircraft Elastomers Market T&F, by Aircraft Type (US$ Million)

6.4.3.                         Asia-Pacific’s Aircraft Elastomers Market T&F, by Material Type (US$ Million)

6.4.4.                         Asia-Pacific’s Aircraft Elastomers Market T&F, by Application Type (US$ Million)

6.5.                Rest of the World (RoW)’s Aircraft Elastomers Market Analysis

6.5.1.                         RoW’s Aircraft Elastomers Market T&F, by Country (US$ Million)

6.5.1.1.                                   Brazil: Aircraft Elastomers Market T&F (US$ Million)

6.5.1.2.                                   Argentina: Aircraft Elastomers Market T&F (US$ Million)

6.5.1.3.                                   Others: Aircraft Elastomers Market T&F (US$ Million)

6.5.2.                         RoW’s Aircraft Elastomers Market T&F, by Aircraft Type (US$ Million)

6.5.3.                         RoW’s Aircraft Elastomers Market T&F, by Material Type (US$ Million)

6.5.4.                         RoW’s Aircraft Elastomers Market T&F, by Application Type (US$ Million)

7.      Competitive Analysis

7.1.                Strategic Insights

7.2.                Product Portfolio Analysis

7.3.                Presence by Aircraft Type

7.4.                Geographical Presence

7.5.                New Product Launches

7.6.                Strategic Alliances: Mergers and Acquisitions, Joint Ventures, Collaborations, etc.

7.7.                Expert Opinion

7.8.                Market Share Analysis

8.      Strategic Growth Opportunities

8.1.                Strategic Insights

8.2.                Market Attractive Analysis

8.2.1.                         Market Attractiveness by Aircraft Type

8.2.2.                         Market Attractiveness by Material Type

8.2.3.                         Market Attractiveness by Application Type

8.2.4.                         Market Attractiveness by Region

8.2.5.                         Market Attractiveness by Country

8.3.                Emerging Trends

8.4.                Growth Matrix Analysis

8.5.                Key Success Factors

9.      Company Profile of Key Players

9.1.                Trelleborg AB

9.2.                Dow Corning Corporation

9.3.                Shin-Etsu Chemical Co., Ltd.

9.4.                Greene, Tweed & Co.; Inc.

9.5.                TransDigm Group

9.6.                Solvay S.A.

9.7.                Lanxess Aktiengesellschaft

9.8.                Momentive Performance Materials Inc.

9.9.                Saint-Gobain

9.10.              The Chemours Company

9.11.              Wacker Chemie AG.



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