Composite Seals Expected to Grow at the Highest Rate in the Aircraft Seals Market
The global aircraft seals market is projected to grow at a CAGR of 5.3% over the next five years to reach US$ 1,066.6 million in 2022. Increasing production rates of key aircraft programs, such as B737, B787, A320, and A350XWB; increasing demand for lightweight aircraft seals; increased demand for enhanced fuel efficiency of aircraft; and rising global aircraft fleet size are the major growth drivers of the global aircraft seals market.
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