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Aircraft Fuel Containment Market Size to reach US $ 294.6 million in 2024

Aircraft Fuel Containment Market Report: Trends, Analysis & Forecast up to 2024. Discover associated growth opportunities, market dynamics, success factors and more.

The meteoric growth of the aircraft fuel containment market is extrapolated to continue in the coming five years to reach a value of US$ 294.6 million in 2024. Increasing aircraft deliveries to support rising air passenger traffic, rising military expenditure and increasing demand for self-sealing fuel bladders are the major factors that are escalating the demand for fuel containments in the aircraft industry.

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Aircraft Fuel Containment Market Segment Insights:

By Aircraft Type:

Military aircraft is likely to remain the dominant segment of the market during the forecast period. Both military fixed-wing and rotorcraft are likely to generate sizeable opportunities for the market participants in the coming five years. There is a growing interest among defense communities for the development of efficient fuel containment that substantially mitigates aircraft vulnerability.

By Component Type:

Composite containment is projected to remain the most dominant component type in the aircraft fuel containment market over the next five years. Rubber-coated fabric is the major type of material used in such containments. The demand for flexible fuel bladders is largely driven by the military aircraft segment, which generally has such types of fuel containment. Meggitt, Safran SA, and GKN Aerospace are leading players, supplying fuel bladders.

By Material Type:

Excellent resistance to petroleum fluids and chemicals, superior heat resistance, and high strength-to-weight ratio are some key factors that have led to the mass adoption of rubber-coated fabrics in the aircraft fuel containment market. ContiTech and Colmant Coated Fabrics are leading suppliers of rubber-coated fabrics for aircraft fuel containments.

By Region:

North America is projected to remain the largest market for aircraft fuel containment during the forecast period, largely driven by massive demand from defense organizations such as U.S. Department of Defense (DoD) and Defense Logistics Agency (DLA). Asia-Pacific currently represents a relatively small market opportunity; however, is subjected to grow at a handsome rate in the coming years, largely driven by China. China is projected to add an additional growth propulsion engine to the global demand for fuel containments.

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Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

Based on the research, a proper report is crafted with the following key features:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors 

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Category: Aerospace | Views: 197 | Added by: Team | Tags: Aircraft Fuel Containment Market | Rating: 0.0/0
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