Global Aircraft Seals Market: Key Highlights
Global Aircraft Seals Market: Key Market Dynamics
Global Aircraft Seals Market : Regional Overview
Aircraft seals market is predicted to expand remarkably in the European region. The expansion in this region can be observed because there are five giant aircraft manufacturers in France that includes Airbus and its subsidiaries, Dassault Aviation, and Daher. This generates demand of various seals in the European region.
North America is one of the promising market in the aircraft seals market. The growth is expected to be continuous in the coming decades, because the leading aircraft manufacturers such as Boeing, Lockheed Martin, and others are functioning in this region. Hence, existence of key aircraft manufacturers in this region may boost the market.
Global Aircraft Seals Market: Key Players Overview
Trelleborg Group is a Sweden-based multinational aerospace company that provides engineered polymer solutions to various industries. For aerospace industry, the company provides various solutions such as sealing solutions, fire resistant coatings, and thermal insulation among others. The company through its subsidiary Trelleborg Sealing Solutions supplies sealing solutions under various brand names. In November 2019, it acquired Tritec Seal that supplies polytetrafluoroethylene (PTFE) sealing solutions, which helped the organization to expand in the US market.
SKF is a Sweden-based company that manufactures bearings, industrial seals, lubrication, condition monitoring systems, and other products. It supplies various sealing solutions such as power transmission seals, hydraulic seals, and fluid handling seals among others. For aerospace sector, it supplies radial lip shaft seals, gaskets and boots for rotor systems, carbon seals, and sealing rings among others.
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