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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Global Aerospace & Defense Chemical Distribution Market to hit $5 Bn by 2025: Global Market Insights Inc.
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Aerospace & Defense Chemical Distribution Market driven by Increasing non-woven fabrics demand in the world to surpass USD 5 billion by 2025 and will witness 4.5% CAGR during the forecast timespan. Aerospace & Defense Chemical Distribution Market Increase in aircraft maintenance, repair and overhaul (MRO) activities will drive aerospace and defense chemical distribution market trends over the forecast time period. Surge in the demand for air travel across the globe and the need to replace aging aircraft are some mains reasons contributing towards an increase in the global MRO demand. Rise in the disposable income in the middle-class and growing population in emerging nations like China and India has induced an exponential increase in air traffic. The trend will substantially boost the demand for aircraft in the future,which in turn will thrust aerospace & defense chemical distribution industry size over the analysis period. The aerospace industry is likely to witness a very high demand for cleaners and solvents owing to their frequent use for the maintenance of the aircraft. Adhesives that are used in the aviation sector comprise structural acrylics, solvent-based, water-based and epoxy based. Industry Overview
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com The adhesives & sealants segment is anticipated to account for nearly 15% of aerospace and defense chemical distribution market share by 2025, due to their significant function in the aircraft manufacturing and repair operations. Acrylic-based adhesives are primarily used to bond the electric motors to magnets whereas epoxy-based adhesives contribute to weight reduction and give additional strength to the aircraft. Rise in the investments made in the defense sector by major nations will foster significant product demand in the forthcoming years. The defense segment, holding a market share of around USD 800 million in the year 2016, encompasses both non- combat and combat aircrafts. Growing number of applications have bolstered aerospace & defense chemical distribution market outlook, from the need to maintain interiors, engine and airframes. Surge in the demand for hydraulic fluids and lubricants will help garner considerable share in the system segment. Continue…
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report Of Aerospace & Defense Chemical Distribution Market @ http://bit.ly/2m3FfZa http://bit.ly/2m3FfZa Request for a Sample of this Research report @ http://bit.ly/2kKnAFA http://bit.ly/2kKnAFA
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Germany Aerospace & Defense Chemical Distribution Market Size, By End-user, 2014 – 2025 (USD Million)
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Industry Coverage
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com System segment includes flight controls, hydraulics, landing gear, cooling system, bleed system, among others. It is estimated that the demand for global air transport MRO had reached nearly USD 64.3 billion in the year 2015 and is poised to generate a staggering USD 96 billion by the end of the projected time period. Distribution channels play a key role in driving the aerospace & defense chemical distribution industry size. The products are distributed either by independent distributors, directly by manufacturers or through brokers. Continue…
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