DUBLIN--(BUSINESS WIRE)--The "Aerospace & Defense Elastomers Market by Type (EPDM, Fluoroelastomers, Silicone Elastomers), Application (O-Rings & Gaskets, Seals, Profiles, Hoses), and Region (North America, Europe, South America, Rest of the World) - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The Aerospace & Defense Elastomers Market is Projected to Grow from USD 54.3 Million in 2017 to USD 70.8 Million by 2022, at a CAGR Of 5.5 % from 2017 to 2022
The aerospace & defense elastomers market has been segmented based on type, application, and region. This report covers the aerospace & defense elastomers market, in terms of value and volume, and forecasts its size till 2022.
One of the most significant factors driving the growth of the aerospace & defense elastomers market is the increased demand for aerospace & defense elastomers from emerging economies such as India and China, among others. However, military budgets of several western countries over the last few years have been dwindling as governments of these countries have been focused on managing post-2008 recession deficits, thereby keeping budgets under control.
As the increased defense spending of emerging economies may not overcome the revenues lost due to the budget cuts by various western countries, several aerospace firms are making efforts to optimize their manufacturing processes to stay competitive in the market. Furthermore, the aerospace industry is cyclical in nature with each cycle recurring roughly after every 10 years, thereby making it vulnerable to the fluctuating global situations.
This, in turn, can have an adverse impact on the growth of the aerospace & defense elastomers market across the globe during the forecast period.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Aerospace & Defense Elastomers Market, By Type
7 Aerospace & Defense Elastomers Market, By Application
8 Aerospace & Defense Elastomers Market, By Region
9 Competitive Landscape
10 Company Profiles
- Chenguang Fluoro & Silicone Elastomers Co.,Ltd
- DOW Corning
- Greene, Tweed
- Holland Shielding
- Jonal Laboratories, Inc
- Momentive Performance Materials Inc.
- Polymod Technologies
- Quantum Silicones
- Rogers Corporation
- Seal Science, Inc
- Shin-Etsu Chemical
- Specialised Polymer Engineering
- Specialty Silicone Products
- TRP Polymer Solutions Limited.
- Wacker Chemie AG
- Zeon Chemicals
For more information about this report visit https://www.researchandmarkets.com/research/7w72zq/aerospace_and?w=4