Global Aircraft Seals Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Aircraft Seals Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The aircraft seal is an essential part of an Aircraft and prevents the passage, flow, or leakage of fuel or fluid between the components. It is far designed to provide long service and low friction for excessive pressure applications over a wide temperature range. Aircraft Seals are designed and developed to offer durable sealing solutions to withstand harsh and challenging conditions such as high speed, high airflow pressures, cold temperature, and many others during flight operation. Aircraft seals are employed for engines, landing gear, flight controls, and many others. These seals are placed on aircraft during aircraft assembly by original equipment manufacturers (OEMs) or by maintenance, repair, and overhaul (MRO) crew members at repair stations. Such seals are manufactured either using metals or composites and polymers.

Market Overview:

The latest research study on the global Aircraft Seals market finds that the global Aircraft Seals market reached a value of USD 1942.17 million in 2022. It’s expected that the market will achieve USD 2736.61 million by 2028, exhibiting a CAGR of 5.88% during the forecast period.

The global market for aircraft seals is severely impacted by the outbreak of the COVID-19 pandemic. The COVID-19 pandemic saw a decline in economic growth in almost all the major countries, thus affecting consumer spending patterns. Owing to the lockdown implemented across various countries, national and international transport has been hampered, which has significantly impacted the supply chain of numerous industries across the globe, thereby increasing the supply-demand gap. Thus, insufficiency in raw material supply is expected to hamper the production rate of aircraft seals, which negatively impacts the aircraft seal market growth.

Increase in global aircraft fleet size to increase demand for seals from OEM and aftermarket

The aircraft seals market is expected to grow as the number of aircraft increases, owing to the rise in global air passenger traffic. Companies such as Airbus and Boeing are anticipating a complete recovery of the market after the COVID-19 pandemic. Airbus has asked its suppliers to prepare for production to reach 64 per month by the 2nd quarter of 2023 and 70 per month by 2024. There is also an increase in the number of military aircraft produced as the US, China, India, Russia, and the UK increase their military expenditure. Along with commercial and military aircraft, the frequency of cargo airplanes has also increased, owing to growing international trade between countries.

Frequent replacement of aircraft seals

Aircraft seals are continuously exposed to media such as oil and other aircraft system liquids and work continuously during flight They are very delicate parts of an aircraft and require proper handling to control their wear and tear. The rough handling of critical aircraft parts during maintenance and overhaul can lead to damage, necessitating their replacement along with the associated seals and spares. This leads to the constant replacement of aircraft seals, due to which the demand for aircraft seals in operational aircraft of different airlines and aircraft operators is increasing.

High manufacturing costs of aircraft seals

Aircraft seals are a critical component of any aircraft system and are required to comply with regulations to prove their airworthiness. Hence, many high-quality materials are used to manufacture aircraft seals to make them more reliable and efficient. There has been a growing demand for durable and lightweight seals for use in new-generation aircraft. This necessitates significant R&D, usage of high-quality raw materials, and new technologies, thus increasing the costs of aircraft seals. This further results in a substantial increase in selling prices, which can act as a major restraint to the aircraft seals market growth.

Rising adoption of lightweight and durable seals, developments in additive manufacturing technology

There are growing requirements for highly durable seals that can withstand extreme conditions during flight hours. Modern-day seals need to be designed with a focus on replacement cycles, MRO intervals, and endurance. Aircraft seal manufacturers have a good market opportunity by creating seals of high fireproofing capabilities, wide operating temperature, and lighter weight.

Region Overview:

In 2021, the share of the Aircraft Seals market in Europe stood at 38.22%.

Company Overview:

Trelleborg Group
Trelleborg is a Swedish multinational company specializing in polymers and rubber. Founded in 1905 and headquartered in Trelleborg, Skåne, it is divided into coating systems, industrial systems, marine engineering, and Five business groups including construction, sealing systems, and tire systems.

SKF

SKF develops, produces, and markets products, solutions, and services in the rolling bearing and seal business. The Company's product line includes ball and roller bearings, specialty bearings, sealing systems, linear motion products, tools for mounting and dismounting bearings, and measuring and monitoring instruments.

Trelleborg Group is one of the major players operating in the Aircraft Seals market, holding a share of 23.21% in 2022.

Segmentation Overview:

The main types of aircraft seals are dynamic seals and static seals. Static aircraft seals are designed to fill the space between two surfaces to prevent the escape of fluids or gasses. The sealant is applied to one or both surfaces before they are brought into contact with each other. Once the sealant cures, it forms a bond that resists changes in pressure or temperature. This type of seal is commonly used in aircraft fuel tanks, oil systems, and hydraulic lines. Static aircraft seals are made from a variety of materials, including rubber, polyurethane, and silicone.

Dynamic seals are used in linear, oscillating, and rotary motion applications to create a barrier between stationary or moving surfaces. Hydraulic aggregates, machines, and locomotive components such as hydraulic cylinders and pistons use these seals. These aircraft seals produce a barrier between stationary and moving surfaces in linear or rotary applications, including rotating shafts and pistons. Furthermore, demand for dynamic seals is high owing to their comprehensive usage in a varied range of applications such as flight controls, hydraulics, engine systems, and others.

By type, Dynamic segment accounted for the largest share of market in 2021.

Application Overview:

Aircraft engines are responsible for providing thrust, which enables aircraft to move through the air and ascend vertically; hence, they require sealing products that can withstand high temperatures and pressure during flight operations. These products help prevent leakage of fluids due to corrosion or any other damage caused to them by engine components over time, thus ensuring the long-term performance of these critical components at optimum efficiency levels throughout their life cycle.

Airframe Seals is a broad family of products, individually developed and manufactured for unique applications. In general, these seals are static and offer low friction and good abrasion resistance characteristics. They are typically used for the aerodynamic sealing of doors, windows, ailerons, spoilers, canopies, hatches and panels. Airframe seals are typically bonded into place and can be made conductive. They can also be strategically reinforced, to offer the load and deformation properties required for variable working conditions.

Aircraft seal for aircraft interior include panels, floors, galleys, seats, emergency exits, luggage compartments, lighting, ducting, lavatories, and so on.

Aircraft flight control surfaces seal blocks airflow through a gap located between the flight control surface and a fixed structure of the airplane.

Aircraft landing gear seals are cemented to the underside channel of the wing to reduce the chafing of the main landing gear doors when closed.

By application, the Engine segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Aircraft Seals market covered in Chapter 3:

SKF
Transdigm
Freudenberg Group
Brown Aircraft Supply
Eaton Corporation
Saint Gobain S.A.
James Walker
Greene Tweed
Hutchinson
Technetics Group
Parker Hannifin
NOK
Meggitt
Trelleborg Group
Performance Sealing Inc.

In Chapter 4 and Chapter 14.2, on the basis of types, the Aircraft Seals market from 2018 to 2029 is primarily split into:

Static
Dynamic

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Aircraft Seals market from 2018 to 2029 covers:

Engine
Airframe
Interior
Flight Control Surfaces
Landing Gear
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)