Military Aircraft Rubber Tanks Market Size, Share, Outlook By 2027

The military aircraft rubber tanks market was valued at US$ 376.12 million in 2019 and is projected to reach US$ 564.67 million by 2027; it is expected to grow at a CAGR of 5.3% from 2020 to 2027.

Military and defense sectors are heavily investing in advanced technologies to strengthen their capabilities with advanced war aircraft. Companies in countries such as Russia, the US, and France are developing advanced aircraft for the global market. New military aircraft such as Dassault Rafale, F-35, and Saab Gripen are dominating the fixed-wing aircraft demand. Rising trade agreements between major countries such as Russia-India, Russia-China, and US-UAE regarding advanced military aircraft are supporting the market growth. Developing nations such as India, China, and Indonesia are strengthening their military aircraft stock due to rising border clash with neighboring countries. The rubber-based self-sealing fuel tanks are necessary components in advanced military aircraft. Advancements in army machines such as increased bullet size have the importance using rubber in fuel tanks as it quickly prevents the leakages. Further, the growing need of flexible fuel tanks to enhance fuel storage capacity and utilize spaces in wings, pylons, etc., is augmenting the market growth. The manufacturing companies such Magam Safety Ltd and Fuel Safe Systems are introducing advanced solutions for end users; the new products provide protection against 30mm bullet penetration.

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Military Aircraft Rubber Tanks Market: Strategic Insights

Military Aircraft Rubber Tanks Market

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  CAGR (2019 - 2027)

  5.3%
• Market Size 2019
  US$ 376.12 Million
• Market Size 2027
  US$ 564.67 Million

Market Dynamics

GROWTH DRIVERS

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FUTURE TRENDS

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OPPORTUNITIES

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Key Players

• Aero Tec Laboratories, Inc.
• Aircraft Rubber Manufacturing (Fuel Safe Systems)
• Amfuel
• FFC, Inc.
• Magam Safety Ltd.
• Meggitt PLC
• M.E.RIN
• Musthane
• PFW Aerospace GmbH

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

Material

• Nitrile Rubber and Urethane Rubber

Aircraft Type

• Fixed Wing Aircraft
• Rotary Wing Aircraft
• UAV

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Impact of COVID-19 Pandemic on Military Aircraft Rubber Tanks Market

The COVID-19 pandemic situation has hampered the economic growth of almost every country. It has severely impacted the international transportation, which has had deeper effects on the commercial aircraft market. However, military aircraft industry has witnessed low impact of this downturn. Moreover, the hampered economic growth of countries has led to several months delay in the process of purchasing military aircraft. The military aerospace industry continued their operations with certain preventions set by the nation’s government but at slower speed. The lowered capacity of military aircraft manufacturers for a certain period hampered the production targets owing to lower staff availability on floor and restrictions such as physical distancing. In October 2020, Boeing, in its Q3 delivery report, stated decline in military aircraft deliveries by the count of 54 in September. Lower production rate of aircraft lowers the sale of associated components and technologies. This has hampered the military aircraft rubber tank market.

Military Aircraft Rubber TanksMarket Insights

Rising Adoption from Developing Nations Fuels Growth of Military Aircraft Rubber TanksMarket

Although, strengthening defense aircraft incurs huge economical cost, it is necessary for each nation to improve their defense systems for better protection against uncertain events, such as war and terrorism. Hence, each country is concerned and eager toward the deployment of advanced defense systems, such as aircraft, navy, and ground machineries. Military aircraft play major role in surveillance, instant attack, war supporting strategies, and others wooing to which each country is focusing toward its development. Significant growth in economy of developing nations is supporting the development of military aircraft sector. Additionally, rising pressure between country boarders such China and India is further creating opportunity for the market growth. For instance, in October, 2020, The Russian Helicopters holding company has awarded to deliver more than 120 helicopters for China amid India’s standoff with China. Among these 120 helicopters, 18 arecombat helicopters equipped with self-sealing covers for fuel tank. Similarly, in October, 2020, Afghanistan announced the upgradation of their military aircraft with new self-sealing technology. The new crashworthy fuel system is getting installed at MD 530F Cayuse Warrior light attack helicopter to improve the support for allied operations. Such increasing concerns of developing nations toward the deployment of advanced defense systems are creating lucrative opportunity for the market players to offer advanced solution at affordable cost.

Material-Based MarketInsights

Based on material, the military aircraft rubber tanks market is segmented into nitrile rubber and urethane rubber. The nitrile rubber segment held a larger market share in 2019.

Aircraft Type-Based Market Insights

Based on aircraft type, the military aircraft rubber tanks market is further segmented into fixed-wing aircraft, rotary-wing aircraft, and UAV. The rotary wing aircraft segment held the largest share of the military aircraft rubber tanks market in 2019.

The players operating in the military aircraft rubber tanks market focus on strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:

In November 2019, Meggitt PLC signed a six-year contract with the Defense Logistics Agency (DLA), Philadelphia, for the supply of fuel bladders to the F/A-18 Super Hornet, V-22 Osprey, and CH/MH-53 Super Stallion. The company’s fuel bladders comprise innovative polyurethane material and confer lightweight solution with long life.

In September 2019, Magam Safety Ltd. unveiled a self-sealing flexible fuel tank that prevents fuel leakage caused by ballistic damage following the penetration of up to a 30-mm-bullet. These flexible tanks are suitable for multiple applications including helicopters, UAVs, and battle tanks. The self-sealing fuel tank system had been unveiled at the DSEI arms show in London.

 

Military Aircraft Rubber Tanks Market Report Scope

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By Material

• Nitrile Rubber
• Urethane Rubber

By Aircraft Type

• Fixed Wing Aircraft
• Rotary Wing Aircraft
• UAV

By Geography

• North America
  • US
  • Canada
  • Mexico

• Europe
  • France
  • Germany
  • Italy
  • UK
  • Russia
  • Rest of Europe
• Asia Pacific (APAC)
  • China
  • India
  • South Korea
  • Japan
  • Australia
  • Rest of APAC
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA
• South America (SAM)
  • Brazil
  • Rest of SAM

Company Profiles

• Aero Tec Laboratories, Inc.
• Aircraft Rubber Manufacturing (Fuel Safe Systems)
• Amfuel
• FFC, Inc.
• Magam Safety Ltd.
• Meggitt PLC
• M.E.RIN
• Musthane
• PFW Aerospace GmbH
• Robertson Fuel Systems, LLC