(Aviation-NewsWire.Com, September 06, 2019 ) Market Overview Seals are used in the numerous areas of an aircraft to serve a wide range of functions including aerodynamics, conduction, fire resistance, insulation, and fluid and air handling. Seals maintain aerodynamic, electronic wave, vibration, and moisture sealing requirements. There is a wide range of fabric and rubber seals for aerodynamic aircraft seals. These seals are used on airframes, doors, windows, wings, rudders, and access panels in commercial, military, business, light planes and other airborne crafts such as missiles, decoys, artillery, drones, and satellites.
Market Dynamics The increase in product line by the companies for aerodynamic seals is driving the global aircraft aerodynamic seals market. Increasing production rates of commercial aircraft and growing investment by the military for aircraft are the significant drivers for aircraft aerodynamic seals market. The major drawback of aerodynamic seals is the rubber O-rings seals, as these seals extrude into the clearance of mating surfaces when attained to increased pressures and temperatures. Elevated temperatures execute a severe burden on the physical and mechanical properties of rubber O-rings, which further increases their tendency to extrude. The significant challenges faced by Aerodynamic seals are in an aircraft are exposed to a wide range of challenging and operating conditions, such as high temperature, high frequency of oscillation, pressure, aggressive chemicals, and the threat of explosion and fire.
Market Segmentation By aircraft type, The aircraft aerodynamic seals market is segmented based on aircraft type as Commercial Aircraft, Military Aircraft, passenger aircraft, and others. Currently, Commercial aircraft is dominating the global aircraft aerodynamic seals market, and it is expected to grow in the forecasting period. Due to the increasing demand for commercial aircraft, increasing production rates of critical programs, such as A320 family, B737, B787, and A350XWB and market entry of new players, such as Irkut and COMAC.
Geographical Analysis Based on geography The Aircraft Aerodynamic Seals Market in North America has the primary market for aerodynamic Seals, and it is expected to grow at a faster pace in the forecasting period. Due to the increase in competitiveness in the market and the broader scope of aircraft in the U.S. The U.S. government has taken the initiative towards the development of commercial aircraft industry by partnering with The Boeing Company and has invested around USD 447 million for aerospace R&D projects. Asia-Pacific is the second major region for the growth of aerodynamic Seals, and it is expected to grow in the forecasting period, it is driving the market by increasing demand for commercial aircraft, the opening of assembly plants of Boeing and Airbus in China, and rising aircraft fleet size.
Competitive Trends The increase in product portfolio, combining the sealing companies into a new group to increase the scope and scale of each company and also rise in acquisitions is making the market more competitive, which is driving the global Aircraft Aerodynamic Seals Market. In June 2017, Freudenberg Sealing Technologies have introduced a new line of polytetrafluoroethylene (PTFE) seals for aerospace at the 2017 International Paris Air Show. In August 2018, Hercules combines sealing companies into new group Sealing distributors J Royal, RT Dygert, All Seals, High-Performance Seals, and Problem-Solving Seals have been integrated into the Hercules OEM Group to increase the scope and scale of each company by maximizing their unique capabilities throughout the U.S. and provide all five companies savings through greater efficiencies. In August 2018, Datwyler Sealing Solutions (DSS) has announced its acquisition as part of a strategy to significantly expand its O-ring sealing business. It had signed a deal to acquire the US Company Parco Inc. for an unspecified amount.
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