Aerospace Sealants Market Analysis

Aerospace Sealants Market Analysis

style="text-align:justify">Polysulfide segment is predicted to hold around 40% aerospace sealants market share by 2026. These products possess key properties such as good dielectric strength, excellent resistance to jet fuel, resistance to vibration & temperature changes, etc. These sealants are mainly used in sealing fuselage, fuel tank, windshield, etc. major components of an aircraft. Growing aircraft construction and maintenance activities will drive the consumption of polysulfide sealants.

Aerospace sealants market from flight line repair application will witness highest growth rate of over 5% till 2026. The requirement for regular checks and inspections for aircrafts prior to initiating take-off is supporting the market growth.

The aircraft fuel tank is a key component for repair activity as the leakages occur at aircraft access panels occasionally. During the repair of integral fuel tanks, fuel is transferred or stored in another tank, which enables the removal of panels and replacement of seals. The increasing need for maintenance of an aircraft owing to rising air traffic passengers across the world will create demand for flight line repairs.

The commercial aircraft segment is expected to account for more than 1/3^rd market share during the forecast timeframe. Increasing production and delivery of commercial aircraft will be the major factor driving the segment growth trends. Development in spending power of the middle class populace in developing countries, shifting trend towards air travel and the increasing popularity of low-cost air carriers has boosted the global air traffic in the last few years and will positively influence the market demand.
 

The aerospace sealant market from the OEM distribution channel exceeded USD 290 million in 2019 ascribed to rising demand for commercial aircraft across the globe. Rising global air traffic has fueled the aircraft production activity and will be the chief factor prospering the consumption of aerospace sealants in the OEM segment.
 

Asia Pacific aerospace sealants market is likely to register 5% growth through 2026. Robust economic development coupled with increasing air travelers in the region has increased the demand for commercial aircraft. Moreover, technologically efficient and advanced aircraft, the emergence of low-cost air carriers have positively influenced the regional air traffic.