$4550
$3640
The military aircraft rubber tanks market was valued at US$ 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.
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.
Lucrative Regional Markets for Military Aircraft Rubber Tanks Providers
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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.
Military Aircraft Rubber Tanks Market, by Material – 2019 and 2027
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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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.
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Military Aircraft Rubber Tanks Market: Strategic Insights
Market Size Value in US$ 376.12 Million in 2019 Market Size Value by US$ 564.67 Million by 2027 Growth rate CAGR of 5.3% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Military Aircraft Rubber Tanks Market: Strategic Insights
| Market Size Value in | US$ 376.12 Million in 2019 |
| Market Size Value by | US$ 564.67 Million by 2027 |
| Growth rate | CAGR of 5.3% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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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.
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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Material and Aircraft Type
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Frequently Asked Questions
The growth of the military aircraft rubber tanks market is primarily attributed to the increasing demand for the advanced fuel systems. Moreover, the rising investment to strengthen the military aircraft, substantially driving the military aircraft rubber tanks market.
Rising adoption from developing nations is expected to create significant opportunity for the military aircraft rubber tanks market growth. 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 are combat 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.
Each aircraft is designed for different purpose and the fuel tanks are modified as per requirement. For instance, fixed wings travel long distance at high speed and rotary travels with heavy loads at low ground level, for which the aircraft and UAVs should be equipped with suitable fuel tanks. Wing mounted tank, flexible tank, and conformal tank, among others are a few types of tanks available for different purposes. Thus, based on aircraft type, the military aircraft rubber tank market is segmented into fixed wing aircraft, rotary wing aircraft, and UAV. The military aircraft rubber tanks market is led by rotary wing aircraft segment with highest market share and the UAV-based aircraft type is expected to dominate in the forecast period.
The List of Companies - Military Aircraft Rubber Tanks Market
- 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
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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