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    Aircraft Fuel Containment Market Size, Share & Forecast (2019-2024)

    Aircraft Fuel Containment Market Size, Share & Forecast (2019-2024)
    Report code - SRAD206 Published On : Sep,2019 No. of Pages: 230
    Aircraft Fuel Containment Market Size, Share, Trend, Forecast, & Competitive Analysis: See more...
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    Aircraft Fuel Containment Market Insights

    The meteoric growth of the aircraft fuel containment market is extrapolated to continue in the coming five years to reach a value of US$ 294.6 million in 2024. Increasing aircraft deliveries to support rising air passenger traffic, rising military expenditure and increasing demand for self-sealing fuel bladders are the major factors that are escalating the demand for fuel containments in the aircraft industry.

    Aircraft Fuel Containment Market Forecast

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    The market is marked by a handful of players, who are currently enjoying their healthy shares. These players own extraordinary capabilities in the market, securing their vanguard in the market. The market is registering further consolidation because of a fair number of mergers & acquisitions over a period of time. All the major players that hold a large chunk of the market, gained expertise in the market by acquiring core fuel containment manufacturer. For instance, Meggitt gained expertise by acquiring Engineered Fabrics Corporation, which originally gained the expertise from Goodyear. Similarly, Amfuel gained expertise from Uniroyal, which originally gained it from US Rubber. In past few years, there has been a series of acquisition including the acquisition of the advanced composite business of Cobham plc by Meggitt PLC, acquisition of GKN Aerospace by Melrose Industries, and acquisition of Zodiac Aerospace by Safran SA.

     

    Aircraft Fuel Containment Market Share Analysis

    Aircraft Fuel Containment Market Share by Aircraft Type

    The market is segmented based on the aircraft type as military aircraft and civil aircraft. Military aircraft is likely to remain the dominant segment of the market during the forecast period. Both military fixed-wing and rotorcraft are likely to generate sizeable opportunities for the market participants in the coming five years. There is a growing interest among defense communities for the development of efficient fuel containment that substantially mitigates aircraft vulnerability.

    Aircraft Fuel Containment Market Share by Component Type

    Based on the component type, the market is segmented as composite containment and flexible fuel bladder. Composite containment is projected to remain the most dominant component type in the aircraft fuel containment market over the next five years. Rubber-coated fabric is the major type of material used in such containments. The demand for flexible fuel bladders is largely driven by the military aircraft segment, which generally has such types of fuel containment. Meggitt, Safran SA, and GKN Aerospace are leading players, supplying fuel bladders.

    Aircraft Fuel Containment Market Share by Material Type

    Based on the material type, the market is segmented as rubber-coated fabric, polyurethane-coated fabrics, and others. Excellent resistance to petroleum fluids and chemicals, superior heat resistance, and high strength-to-weight ratio are some key factors that have led to the mass adoption of rubber-coated fabrics in the aircraft fuel containment market. ContiTech and Colmant Coated Fabrics are leading suppliers of rubber-coated fabrics for aircraft fuel containments.

    Regional Insights

    In terms of regions, North America is projected to remain the largest market for aircraft fuel containment during the forecast period, largely driven by massive demand from defense organizations such as U.S. Department of Defense (DoD) and Defense Logistics Agency (DLA). Asia-Pacific currently represents a relatively small market opportunity; however, is subjected to grow at a handsome rate in the coming years, largely driven by China. China is projected to add an additional growth propulsion engine to the global demand for fuel containments.

    Aircraft Fuel Containment Market Forecast

    Key Players

    The supply chain of this market comprises raw material suppliers, aircraft fuel containment manufacturers, airframers, and end-users. Meggitt PLC, Safran SA, GKN Aerospace, Marshall Aerospace, Amfuel, and Floats & Fuel Cell Inc. are key players in the aircraft fuel containment market. Strategic collaborations, formation of long-term contracts, and development of highly efficient and lightweight products are the key strategies adopted by major players to gain a competitive edge in the market.

     

    Research Methodology

    For calculating the market size, our analysts follow either Top-Bottom or Bottom-Top approach or both, depending upon the complexity or availability of the data points. Our reports offer high-quality insights and are the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. We leverage multitude of authenticated secondary sources, such as company annual reports, government sources, trade associations, journals, investor presentation, white papers, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts are usually executed to obtain both qualitative and quantitative insights.

     

    Market Scope & Segmentation

    Research Scope

    Trend & Forecast Period

    2013-2024

    Size in 2024

    US$ 294.6 million

    Forecast

    3.3% CAGR during 2019-2024

    Regions Covered

    North America, Europe, Asia-Pacific, Rest of the World

    Countries/Subregions Covered

    The USA, Canada, Mexico, Germany, France, Italy, Russia, China, Japan, India, Latin America, the Middle East and Others

    Figures & Tables

    >150

    Customization

    Up to 10% customization available free of cost

     

    The market is segmented in the following ways:

    Aircraft Fuel Containment Market Size, Share & Forecast by Aircraft Type:

    • Military Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Civil Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aircraft Fuel Containment Market Size, Share & Forecast by System Type:

    • Rotorcraft System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Fixed Wing System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aircraft Fuel Containment Market Size, Share & Forecast by Component Type:

    • Composite Containment (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Flexible Fuel Bladder (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aircraft Fuel Containment Market Size, Share & Forecast by Material Type:

    • Rubber-Coated Fabrics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polyurethane-Coated Fabrics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aircraft Fuel Containment Market Size, Share & Forecast by Containment Type:

    • Self-Sealing/Crash Resistant Bladder (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Fuel Bladder (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Fuel Tank (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aircraft Fuel Containment Market Size, Share & Forecast by Region:

    • North America (Country Analysis: The USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, Italy, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     


    Frequently Asked Questions (FAQs)

    What is Aircraft Fuel Containment?

    Aircraft Fuel Containment is the major part of the aircraft fuel system and as the name suggests, it is mainly there for the storage purpose of aircraft fuel. They are manufactured mostly of rubber-coated fabrics due to the properties of excellent resistance to petroleum fluids and chemicals, superior heat resistance, and high strength-to-weight ratio. Aircraft Fuel Containment is used mostly in larger aircraft for storing fuel in the aircraft's fuselage, wings, or the empennage.

    What will be the size of the Aircraft Fuel Containment Market in the foreseeable years?

    Driven by a number of factors like Increasing aircraft deliveries to support rising air passenger traffic, the aircraft fuel containment market size is projected to reach an estimated value of US$ 294.6 million in 2024.

    Who are the key players in the Aircraft fuel Containment Market?

    Meggitt PLC, Safran SA, GKN Aerospace, Marshall Aerospace, Amfuel, and Floats & Fuel Cell Inc. are among the key players in the aircraft fuel containment market.

    Which type of component is expected to remain dominant?

    Composite containment is expected to remain the most dominant component type in the aircraft fuel containment market over the next five years.

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