Aerospace & Defense Elastomers Market Worth 70.8 Million USD by … – PR Newswire (press release)

PUNE, India, March 14, 2018 /PRNewswire/ —

The report 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″ published by MarketsandMarkets™, 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 growth of the Aerospace & Defense Elastomers Market can be attributed to the increased demand for aerospace & defense elastomers from the aviation industry across the globe. In addition, the increased demand for new aircraft from emerging economies such as India and China is also expected to boost the growth of the aerospace & defense elastomers across the globe.

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Browse 48 tables and 24 figures spread through 103 pages and in-depth TOC on Aerospace & Defense Elastomers Market
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The silicone elastomers type segment of the Aerospace & Defense Elastomers Market is projected to grow at the highest CAGR during the forecast period, in terms of value. 

Based on type, the silicone elastomers segment of the Aerospace & Defense Elastomers Market is projected to grow at the highest CAGR between 2017 and 2022, in terms of value. The growth of this segment of the market can be attributed to the industry-wide acceptance of silicone elastomers due to their excellent performance and improved general characteristics. These elastomers are generally used for sealing applications in various industries as they can withstand difficult operating conditions. In addition, they offer good resistance to oils and chemicals.

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