A&D Chemical Distribution Market to cross USD 5 Bn by 2025: Global Market Insights, Inc.

Major aerospace & defense chemical distribution market companies include Univar Inc, Aviation Chemical Solutions, Starry Oil Corporation, Spectrum Aerospace GmbH, AirChem Consumables BV, Graco Supply Company, Wesco Aircraft, Aerospace Quality Suppliers Pte Ltd, E.V. Roberts, and Jaco Aerospace.

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Selbyville, Delaware, Sept. 13, 2019 (GLOBE NEWSWIRE) --

The A&D chemical distribution market revenue is poised to exceed a valuation of over $5 billion by 2025, according to a 2019 Global Market Insights, Inc. report. Rising aircraft maintenance, repair, and overhaul (MRO) activities would boost the growth in the market.

Air travel demand have been growing exponentially over the past decade, especially in the emerging economies, owing to growing population and rise in middle-class income in India and China. This trend will enhance the aircraft demand in the near future. Such rise in the passenger aircraft demand will further boost the aerospace & defense chemical distribution market in the coming years.

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Based on products, the aerospace & defense chemical distribution market is segmented into adhesives & sealants, paints & coatings, oils & hydraulic fluids, lubricants & greases and cleaners & solvents. The demand for cleaners & solvents in the aerospace industry is likely to be very high due to its frequent usage. Adhesives & sealants would attain a market share of about 15% owing to its major usage in aircraft manufacturing process. Adhesives used in the aviation industry includes epoxy based, structural acrylics, water based, and solvent based. Epoxy based adhesives are majorly used to impart weight reduction and strength to the aircraft, whereas acrylic based are used for bonding electric motors to magnets.

Various application segments in the A&D chemical distribution market are airframe, system, engine and interiors. System segment attained a considerable share due to rising demand for lubricants and hydraulic fluids. System includes bleed system, flight controls, landing gear, hydraulics, cooling system, etc.

Browse key industry insights spread across 230 pages with 255 market data tables & 34 figures & charts from the report, “Aerospace & Defense Chemical Distribution Market By Product (Adhesives & Sealants, paints & Coatings, Lubricants & Greases, Oils & Hydraulic Fluids, Cleaners & Solvents), Application (Airframe, System, Engine, Interiors), Distribution Channel (OEM, Aftermarket), End-user (Commercial, Military, Spaceships), Regional Outlook, Price Trends, Competitive Market Share & Forecast 2025” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/aerospace-defense-chemical-distribution-market

Aerospace chemicals distribution takes place through different channels. They are distributed either directly by manufacturers, independent distributors, or through brokers. The demand for the product depends both on the demand for new aircraft and on the demand for maintenance & repair during the life cycle of an aircraft. This encompasses original equipment manufacturers (OEMs) and aftermarket.

Defense segment in A&D chemical distribution market generated a revenue of about USD 800 million in 2016. This segment includes combat and non-combat aircrafts. This segment will have considerable product demand in the upcoming years due to growing investment in the defense sector by the major economies.

After Asia Pacific, Europe is another important regional market owing to the size of its aerospace industry. Extensive use of the product in manufacturing & maintenance of aircrafts is projected to drive aerospace & defense chemical distribution market in the coming years. France attained a significant share in Europe region due to its flourishing aircraft production. Rising demand for air travel in EU countries will further boost the demand for the market over the study period.

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.


        

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