Aerospace & Defense Elastomers Market - Forecast(2024 - 2030)

Report Code: CMR 69134 Report Format: PDF + Excel
Aerospace & Defense Elastomers Market Overview

Aerospace & Defense Elastomers Market size is forecast to reach $85 million by 2025, after growing at a CAGR of 6.1% during 2020-2025. With rise of use in elastomers-based products in aerospace & defense elastomers Market is witnessing an increase in demand. Growing governments’ interest towards their defenses will further enhance the overall market demand for Aerospace & Defense Elastomers during the forecast period. 

Report Coverage

The report: “Aerospace & Defense Elastomers Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Aerospace & Defense Elastomers Industry. 

By Type – Unsaturated Elastomers (Polyacrylic rubber, Silicone rubber, Polyether block amides, Ethylene-vinyl acetate, EPDM, Others), Saturated Elastomers (Polybutadiene, Chloroprene rubber, Butyl rubber, Nitrile rubber, Synthetic polyisoprene, Others).
By Application – O-rings & Gaskets, Seals, Profiles, Hoses, Others.
By Geography – North America, South America, Europe, APAC, RoW.

Key Takeaways

  • Asia-Pacific dominates the Aerospace & Defense Elastomers Market owing to increasing demand from defense industries. 
  • The growing governments’ interest towards their defenses will further enhance the overall market demand for Aerospace & Defense Elastomers during the forecast period, is likely to aid in the market growth of fuel additives
  • These elastomers are generally used for sealing applications in various industries as they can withstand difficult operating conditions. In addition, they offer good resistance to oils and chemicals. Owing to market demand for Aerospace & Defense Elastomers will grow in the near future.
  • Elastomers are very expensive which will create small hurdles for the Aerospace & Defense Elastomers Market. 

Type - Segment Analysis

Unsaturated segment held the largest share in the Aerospace & Defense Elastomers Market. Unsaturated elastomers can be cured by sulfur vulcanization process, also can be cured by non-sulfur vulcanization if desired. Unsaturated elastomers such as styrene-butadiene rubber, cis l,4-polybutadiene, synthetic cis 1,4-polyisoprene and natural rubber used to improve the ozone aging or oxidation resistance, then higher unsaturation levels produce better results. In preparing the blends, usually the unsaturation level of the oil extended EPDM elastomer should be about 5-25 C=C/1000 C and preferably about 5-15 C=C/ 1000 C based on the total weight of oil and EPDM elastomer. When the amount of the extender oil that is added to the high Mooney EPDM elastomer and the initial unsaturation level of the elastomer are correlated so as to provide in each unit weight of oil extended elastomeric material the same unsaturation level which would normally be present in a suitable unextended elastomer, surprisingly the vulcanizates produced therefrom have good physical properties.

Application - Segment Analysis

O-rings are the most commonly used and widely available rubber sealing rings in the market. An O-ring, also known as a packing or a toric joint, is a mechanical gasket in the shape of a torus; it is a loop of elastomer with a round cross-section, designed to be seated in a groove and compressed during assembly between two or more parts, creating a seal at the interface. The O-ring may be used in static applications or in dynamic applications where there is relative motion between the parts and the O-ring. Dynamic examples include rotating pump shafts and hydraulic cylinder pistons. Static applications of O-rings may include fluid or gas sealing applications such as the O-ring is compressed resulting in zero clearance, the O-ring material is vulcanized solid such that it is impermeable to the fluid or gas, and the O-ring material is resistant to degradation by the fluid or gas. 

Geography - Segment Analysis

North America dominated the Aerospace & Defense Elastomers Market. Countries such as U.S, Canada, Mexico and others are the major market in this region, owing to the upgradation and expansion of the aviation industry and rising production of oil & gas. As this region consist of the world’s top economy such as US, who invests so much on their defenses towards continuously improving their intelligence and defense priorities. The total size of the global aerospace industry including regional jet, commercial aerospace, defense, space, and general aviation is a several hundred-billion-dollar market. Given the size of the market and its prospects for long-term development, the aerospace industry represents a highly attractive opportunity for OEMs, material suppliers, engine suppliers and part suppliers.

Aerospace & Defense Elastomers Market Drivers

Growing demand in APAC region

With growing spending and countries such as China, India and others, APAC is expected to grow in this market, as they have very high potential countries, who spends too much in their defenses. Whereas territorial disputes, between countries such as India & Pakistan, India & China, China & Japan and many others in the APAC region is favoring market growth of Aerospace & defense elastomers as, these disputes arises tension at their border and the best way to protect at this moment is to give them whatever they want to fight against them.. 

Offers various advantages

Elastomers are widely used due to few their most important qualities such as these are recyclable, they can be easily colored by most types of dyes, They offer better durability, this is one of the most important reason, for why the defense industries prefer elastomers and another advantage it gives is they are resistant to emulsification in damp conditions also, owing to this the market demand for Aerospace & defense elastomers is growing. Elastomers have found myriad uses in our everyday life and, as technology improves, their applications have encountered ever more extreme conditions in which elastomer nanocomposites have already proved their value.

Aerospace & Defense Elastomers Market Challenges

Impact of COVID 19

The rapid spread of coronavirus has had a major impact on global markets as, major economies of the world are completely lockdown due to this pandemic. Because of this major lockdown, suddenly all the consumer market has started to show zero interest towards purchasing any goods. One of the major difficulties, market is facing are the shutdown of all kinds of international transportation. Global crisis for all sectors including shipping, which was hit by slowing demand in goods’ production and exports had slowdown the market for aerospace & defense elastomers.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Aerospace & Defense Elastomers Market. In 2019, the market of Aerospace & Defense Elastomers has been consolidated by the top five players accounting for xx% of the share. Major players in the Aerospace & Defense Elastomers Market are Trelleborg, Shin-Etsu Chemical, Dow Corning, Greene, Tweed, Chemours, Wacker Chemie, among others. 

Acquisitions/Technology Launches

  • In June 2016, The Dow Chemical Company has completed the transaction to restructure the ownership of Dow Corning. Dow is now 100 percent owner of Dow Corning’s silicones business, which had 2015 revenues of greater than $4.5 billion and is expected to generate more than $1 billion of annual EBITDA for Dow at full run-rate synergies.
1. Aerospace & Defense Elastomers Market- Market Overview
    1.1 Definitions and Scope
2. Aerospace & Defense Elastomers Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key Trends by Type
    2.3 Key Trends by Application
    2.4 Key Trends by Geography
3. Aerospace & Defense Elastomers Market - Landscape
    3.1 Comparative analysis 
        3.1.1 Market Share Analysis- Top Companies
        3.1.2 Product Benchmarking- Top Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Top Companies
        3.1.5 Pricing Analysis
4. Aerospace & Defense Elastomers Market - Startup companies Scenario Premium (Premium) 
    4.1 Top startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. Aerospace & Defense Elastomers Market – Industry Market Entry Scenario Premium (Premium) 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Successful venture profiles
    5.4 Customer Analysis - Top companies
6. Aerospace & Defense Elastomers Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Opportunities
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7. Aerospace & Defense Elastomers Market -Strategic analysis
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Market life cycle
    7.4 Suppliers and distributors 
8. Aerospace & Defense Elastomers Market – By Type (Market Size -$Million)
    8.1 Unsaturated Elastomers
        8.1.1 Polyacrylic rubber
        8.1.2 Silicone rubber
        8.1.3 Polyether block amides
        8.1.4 Ethylene-vinyl acetate
        8.1.5 EPDM
        8.1.6 Others 
    8.2 Saturated Elastomers
        8.2.1 Polybutadiene
        8.2.2 Chloroprene rubber
        8.2.3 Butyl rubber
        8.2.4 Nitrile rubber
        8.2.5 Synthetic polyisoprene
        8.2.6 Others
9. Aerospace & Defense Elastomers Market– By Application (Market Size -$Million)
    9.1 O-Rings & Gaskets
    9.2 Seals
    9.3 Profiles
    9.4 Hoses
    9.5 Others
10. Aerospace & Defense Elastomers Market - By Geography (Market Size -$Million)
    10.1 North America
        10.1.1 U.S.
        10.1.2 Canada
        10.1.3 Mexico
    10.2 South America
        10.2.1 Brazil
        10.2.2 Argentina
        10.2.3 Colombia
        10.2.4 Chile
        10.2.5 Rest of South America
    10.3 Europe
        10.3.1 U.K
        10.3.2 Germany
        10.3.3 Italy
        10.3.4 France
        10.3.5 Russia
        10.3.6 Spain
        10.3.7 Netherlands
        10.3.8 Belgium
        10.3.9 Rest of Europe
    10.4 Asia Pacific
        10.4.1 China
        10.4.2 India
        10.4.3 Japan
        10.4.4 South Korea
        10.4.5 Australia & New Zealand
        10.4.6 Rest of Asia Pacific
    10.5 RoW
        10.5.1 Middle East
            10.5.1.1 UAE
            10.5.1.2 Saudi Arabia
            10.5.1.3 Israel
            10.5.1.4 Rest of Middle East
        10.5.2 Africa
            10.5.2.1 South Africa
            10.5.2.2 Nigeria
            10.5.2.3 Rest of Africa
11. Aerospace & Defense Elastomers Market - Entropy
    11.1 New Product Launches
    11.2 M&A’s, Collaborations, JVs and Partnerships
12. Market Share Analysis (Premium)
    12.1 Market Share by Country- Top companies
    12.2 Market Share by Region- Top companies
    12.3 Market Share by type of Product / Product category- Top companies
    12.4 Market Share at global level- Top companies
    12.5 Best Practices for companies
13. Aerospace & Defense Elastomers Market- List of Key Companies by Country (Premium) 
14. Aerospace & Defense Elastomers Market Company Analysis
    14.1 Market Share, Company Revenue, Products, M&A, Developments
    14.2 Company 1
    14.3 Company 2
    14.4 Company 3
    14.5 Company 4
    14.6 Company 5
    14.7 Company 6
    14.8 Company 7
    14.9 Company 8
    14.10 Company 9
    14.11 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

LIST OF TABLES

1.Global Aerospace & Defense Elastomers Market By Type Market 2023-2030 ($M)
1.1 EPDM Market 2023-2030 ($M) - Global Industry Research
1.2 Fluoroelastomers Market 2023-2030 ($M) - Global Industry Research
1.3 Silicone Elastomers Market 2023-2030 ($M) - Global Industry Research
2.Global Aerospace & Defense Elastomers Market By Type Market 2023-2030 (Volume/Units)
2.1 EPDM Market 2023-2030 (Volume/Units) - Global Industry Research
2.2 Fluoroelastomers Market 2023-2030 (Volume/Units) - Global Industry Research
2.3 Silicone Elastomers Market 2023-2030 (Volume/Units) - Global Industry Research
3.North America Aerospace & Defense Elastomers Market By Type Market 2023-2030 ($M)
3.1 EPDM Market 2023-2030 ($M) - Regional Industry Research
3.2 Fluoroelastomers Market 2023-2030 ($M) - Regional Industry Research
3.3 Silicone Elastomers Market 2023-2030 ($M) - Regional Industry Research
4.South America Aerospace & Defense Elastomers Market By Type Market 2023-2030 ($M)
4.1 EPDM Market 2023-2030 ($M) - Regional Industry Research
4.2 Fluoroelastomers Market 2023-2030 ($M) - Regional Industry Research
4.3 Silicone Elastomers Market 2023-2030 ($M) - Regional Industry Research
5.Europe Aerospace & Defense Elastomers Market By Type Market 2023-2030 ($M)
5.1 EPDM Market 2023-2030 ($M) - Regional Industry Research
5.2 Fluoroelastomers Market 2023-2030 ($M) - Regional Industry Research
5.3 Silicone Elastomers Market 2023-2030 ($M) - Regional Industry Research
6.APAC Aerospace & Defense Elastomers Market By Type Market 2023-2030 ($M)
6.1 EPDM Market 2023-2030 ($M) - Regional Industry Research
6.2 Fluoroelastomers Market 2023-2030 ($M) - Regional Industry Research
6.3 Silicone Elastomers Market 2023-2030 ($M) - Regional Industry Research
7.MENA Aerospace & Defense Elastomers Market By Type Market 2023-2030 ($M)
7.1 EPDM Market 2023-2030 ($M) - Regional Industry Research
7.2 Fluoroelastomers Market 2023-2030 ($M) - Regional Industry Research
7.3 Silicone Elastomers Market 2023-2030 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Aerospace & Defense Elastomers Market Revenue, 2023-2030 ($M)
2.Canada Aerospace & Defense Elastomers Market Revenue, 2023-2030 ($M)
3.Mexico Aerospace & Defense Elastomers Market Revenue, 2023-2030 ($M)
4.Brazil Aerospace & Defense Elastomers Market Revenue, 2023-2030 ($M)
5.Argentina Aerospace & Defense Elastomers Market Revenue, 2023-2030 ($M)
6.Peru Aerospace & Defense Elastomers Market Revenue, 2023-2030 ($M)
7.Colombia Aerospace & Defense Elastomers Market Revenue, 2023-2030 ($M)
8.Chile Aerospace & Defense Elastomers Market Revenue, 2023-2030 ($M)
9.Rest of South America Aerospace & Defense Elastomers Market Revenue, 2023-2030 ($M)
10.UK Aerospace & Defense Elastomers Market Revenue, 2023-2030 ($M)
11.Germany Aerospace & Defense Elastomers Market Revenue, 2023-2030 ($M)
12.France Aerospace & Defense Elastomers Market Revenue, 2023-2030 ($M)
13.Italy Aerospace & Defense Elastomers Market Revenue, 2023-2030 ($M)
14.Spain Aerospace & Defense Elastomers Market Revenue, 2023-2030 ($M)
15.Rest of Europe Aerospace & Defense Elastomers Market Revenue, 2023-2030 ($M)
16.China Aerospace & Defense Elastomers Market Revenue, 2023-2030 ($M)
17.India Aerospace & Defense Elastomers Market Revenue, 2023-2030 ($M)
18.Japan Aerospace & Defense Elastomers Market Revenue, 2023-2030 ($M)
19.South Korea Aerospace & Defense Elastomers Market Revenue, 2023-2030 ($M)
20.South Africa Aerospace & Defense Elastomers Market Revenue, 2023-2030 ($M)
21.North America Aerospace & Defense Elastomers By Application
22.South America Aerospace & Defense Elastomers By Application
23.Europe Aerospace & Defense Elastomers By Application
24.APAC Aerospace & Defense Elastomers By Application
25.MENA Aerospace & Defense Elastomers By Application
26.Trelleborg, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Shin-Etsu Chemical, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.DOW Corning, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Chemours, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Wacker Chemie AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Momentive Performance Materials Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Saint-Gobain, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Solvay, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Lanxess, Sales /Revenue, 2015-2018 ($Mn/$Bn)