Stratview Research delivers key insights on the global Aircraft polymer seals Market. According to Stratview Research, the market is segmented by Aircraft Type (Commercial Aircraft, Regional Aircraft, Helicopters, Military Aircraft, and General Aviation), Application Type (Airframe; Nacelles & Engines; Aircraft Interiors; Landing gear, Wheels & Brakes; Flight Control Actuation and Hydraulics; and Others), Function Type (Aerodynamic Surface Sealing, Air & Fluid Management Seals, Fire Seals, Conductive Seals and Insulative Seals, and Others), Material Type (Elastomeric Seals and Thermoplastic Seals), Motion Type (Static Seals and Dynamic Seals), End-User Type (OE and Aftermarket), and Region
The report suggests that the overall Aircraft polymer seals Market is estimated to grow from USD 1.1 billion in 2022 to USD 1.85 billion by 2028 at a CAGR of 7.8% during the forecast period.
Market Segments' Analysis
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.
North America held a market share of more than 45% in 2022 & is expected to remain the largest market during the forecast period. The presence of major aircraft OEMs, tier players, raw material suppliers, and part fabricators in the region is driving market growth.
The following are some of the key players in the aircraft polymer seals market:
FREQUENTLY ASKED QUESTIONS
The report answers several questions related to the market. The user can get to know the answers to the following questions…
- What is the global demand for aircraft polymer seals market in terms of revenue?
- Which are the prominent players in the market?
- At what CAGR is the market projected to grow within the forecast period?
- What are the driving factors fuelling the growth of the market?
- Which region accounted for the largest share in the market?
- How did the Covid19 impacted the market?
- How long will it take to recover from the Covid impact?
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