Global Aerospace And Defense Elastomers Market
Aerospace and Defense Elastomers Market Size And Forecast
According to Verified Market Research, Global Aerospace and Defense Elastomers Market was valued at USD 53.57 Billion in 2018 and is projected to reach USD 77.59 Billion by 2026, growing at a CAGR of 4.7% from 2019 to 2026.
Global Aerospace and Defense Elastomers Market Outlook
The increasing demand for the replacement of the aging fleet with the new emerging aircraft is the key factor driving the growth of the market. In addition, owing to the technological advancements in aeronautics the market is accelerating. Moreover, the growing government initiatives and funding on defense sectors propelling the market growth. However, the issues related to the stagnancy in the western market hinders the growth of the market.
Global Aerospace and Defense Elastomers Market Competitive Landscape
The Global Aerospace and Defense Elastomers Market study report will provide valuable insight with an emphasis on the global market including some of the major players such as Momentive, Dow Corning, Trelleborg, Wacker Chemie, Shin-Etsu Chemical, Greene, Chemours, Saint-Gobain, Esterline and Solvay.
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