Seals are used for surface that can be either Aircraft or static. This surface can be in motion or without movement. Aircraft seal is a vital component of an aircraft and prevents the passage, flow, or leakage of a gas or fluid between the components. It is designed to provide long service life and low friction for extreme pressure applications over a wide temperature range. The increasing need for high-temperature resistant material is expected to create new growth opportunities for market players.
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The aircraft industry is experiencing quick growth globally, driven by lower air fares and booming tourism. These factors are driving the demand for aircrafts. Aircrafts require aircraft seals, which is expected to drive the growth of the aircraft seals market during the forecast years. The market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period due to the rise in air travel owing to the growth in disposable income of consumers in the region.
Seals are one of the key components of airplanes. Thus, increase in commercial aircraft fleet is projected to drive the demand for aircraft seals in the future. Other factors driving the growth of the aircraft seals market are the increasing demand for new commercial and business aircrafts, increased defense spending, replacement of old aircraft seals, and growing demand for new fighter jets in developing countries such as China and India.
