Market Analysis and Insights: Global Aerospace & Defense Elastomers Market
Due to the COVID-19 pandemic, the global Aerospace & Defense Elastomers market size is estimated to be worth US$ 53 million in 2023 and is forecast to a readjusted size of US$ 64 million by 2030 with a CAGR of 3.1% during the forecast period 2023-2030. Fully considering the economic change by this health crisis, Ethylene Propylene Diene Monomer (EPDM) accounting for % of the Aerospace & Defense Elastomers global market in 2022, is projected to value US$ million by 2030, growing at a revised % CAGR from 2023 to 2030. While O-Rings & Gaskets segment is altered to an % CAGR throughout this forecast period.
The North American region was the largest market for aerospace & defense elastomers market is 2018, in terms of volume and value, and is expected to remain the largest market by 2023. The growth of the North America aerospace & defense elastomers market can be attributed to the upgradation and expansion of the existing aviation infrastructure in countries such as the US.
Global Aerospace & Defense Elastomers Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market?s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2018 to 2030. This section mentions the volume of production by region from 2018 to 2030. Pricing analysis is included in the report according to each type from the year 2018 to 2030, manufacturer from 2018 to 2023, region from 2018 to 2023, and global price from 2018 to 2030.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert?s opinions have been taken to understand the market better.
Global Aerospace & Defense Elastomers Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2018 to 2030. by Application segment also provides consumption during the forecast period of 2018 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
- Ethylene Propylene Diene Monomer (EPDM)
- Silicone Elastomers
- Fluoroelastomers
Segment by Application
- O-Rings & Gaskets
- Seals
- Profiles
- Hoses
By Company
- Trelleborg
- Shin-Etsu
- Dow Corning
- Greene, Tweed
- Chemours
- Wacker Chemie
- Momentive
- Saint-Gobain
- Solvay
- Lanxess
- 3M
- Esterline
- Quantum Silicones
- Specialised Polymer Engineering
- Zeon Chemicals
Production by Region
- North America
- Europe
- China
- Japan
Consumption by Region
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Australia
- Taiwan
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Latin America
- Mexico
- Brazil
- Argentina