Aerospace & Defense Elastomers Market Recent Developments:
Aerospace & Defense Elastomers market value & expected growth:
The Global Aerospace & Defense Elastomer market is expected to witness moderate growth in the forecast period (2020 – 2025). The North America region is expected to witness the largest growth among all the regions.The Global Aerospace & Defense Elastomers market was $ 57.61 million in 2020. It is expected to be around $ 76.01 million in 2025 with a current CAGR of 5.7%.
Aerospace & Defense Elastomers market Drivers & Restraints:
Increased investments in aerospace & defense by many emerging countries such as India, China, and South Korea has boomed the growth of the market. The drive to improve defense & aerospace industries by technology transfer has aggravated the market players to invest in this sector.
With the increase in technological advancement, the aerospace industry has seen a rapid growth & is expected to grow more in the forecast period (2020 – 2025). Many developed countries such as the United States of America, Canada, Germany, Japan, France & Spain have also invested heavily in aerospace technologies.
The rise in defense budgets of various grown & growing economies has also given a push to the growth in the market. The lack of knowledge as technological advancements has been an inhibiting factor for market growth. One more factor responsible for the downswing in the growth of the market is that the Aerospace industry is cyclic in nature thereby causing fluctuations in the market.
Aerospace & Defense Elastomers Market Taxonomy:
Aerospace & Defense Elastomers Market Geographical Analysis
By geography, the market is segmented into Latin America, Asia Pacific, Europe, North America, and the Middle East and Africa. North America is expected to grow the fastest and hold the largest volume & size within the market. Unites the States of America is the largest consumer of Aerospace & Defense Elastomers. The presence of large manufacturing in this region is also one of the reasons for the expected growth.
Aerospace & Defense Elastomers Market Key Market Players:
Here are Aerospace & Defense Elastomers Market key market players are Trelleborg (Sweden), Shin –Etsu Chemicals (Japan), Dow Corning (United States of America), Wacker Shime (Germany), Momentive (United States of America), Saint – Gobain (France), Solvay (Belgium), Tweed (United States of America), & Chemours (United States of America).
Trelleborg (Sweden) has developed varied ranges of products such as aero frames, aircraft sealants, Aviation fuel hose, floor panels, & fire seals. Access Panels are one of the important products designed by customized Elastomers.
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Report Metric |
Details |
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Market size available for years |
2019-2025 |
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Base year considered |
2019 |
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Forecast period |
2020-2025 |
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Market Values |
Value (USD) and CAGR |
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Segments covered |
By Type,Technology, Application,End User,and Region |
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Geographies covered |
North America, Asia Pacific, Europe, South America, and the Middle East & Africa |
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Companies covered |
Trelleborg (Sweden), Shin –Etsu Chemicals (Japan), Dow Corning (United States of America), Wacker Shime (Germany), Momentive (United States of America), Saint – Gobain (France), Solvay (Belgium), Tweed (United States of America), & Chemours (United States of America). Trelleborg (Sweden) |
Aerospace & Defense Elastomers Market Research Methodology:
The research of the Aerospace & Defense Elastomers Market takes place in two phases namely-
Research Report Key Highlights:
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 EPDM
5.1.3 Fluroelastomers
5.1.4 Silicone elastomers
5.1.5 Y-o-Y Growth Analysis, By Type
5.1.6 Market Attractiveness Analysis, By Type
5.1.7 Market Share Analysis, By Type
5.2 Applications
5.2.1 Introduction
5.2.2 O -Rings & Gaskets
5.2.3 Seals
5.2.4 Profiles
5.2.5 Hoses
5.2.6 Y-o-Y Growth Analysis,By Application
5.2.7 Market Attractiveness Analysis, By Applications
5.2.8 Market Share Analysis , By Applications
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.3 By Type
6.1.3.4 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.3 By Type
6.1.4.4 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.3 By Type
6.1.5.4 By Application
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Trelleborg
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Shin -Etsu Chemicals
8.3 Dow Cornings
8.4 Wacker Shime
8.5 Momentive
8.6 Saint - Gobain
8.7 Solvay
8.8 Tweed
8.9 Chemours
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
