Java application OutOfMemoryError PermGen space

Issue

• OutOfMemoryError: PermGen space
• Java application hung due to following error :

ERROR [org.apache.catalina.connector.CoyoteAdapter] An exception or error occurred in the container during the request processing
java.lang.OutOfMemoryError: PermGen space
    at sun.misc.Unsafe.defineClass(Native Method)
    at sun.reflect.ClassDefiner.defineClass(ClassDefiner.java:45)
    at sun.reflect.MethodAccessorGenerator$1.run(MethodAccessorGenerator.java:381)
    at java.security.AccessController.doPrivileged(Native Method)
    at sun.reflect.MethodAccessorGenerator.generate(MethodAccessorGenerator.java:377)
    at sun.reflect.MethodAccessorGenerator.generateConstructor(MethodAccessorGenerator.java:76)
    at sun.reflect.NativeConstructorAccessorImpl.newInstance(NativeConstructorAccessorImpl.java:30)
    at sun.reflect.DelegatingConstructorAccessorImpl.newInstance(DelegatingConstructorAccessorImpl.java:27)
    at java.lang.reflect.Constructor.newInstance(Constructor.java:513)
    at org.jboss.web.tomcat.security.SecurityAssociationActions$5.run(SecurityAssociationActions.java:248)
    at org.jboss.web.tomcat.security.SecurityAssociationActions$5.run(SecurityAssociationActions.java:244)
    at java.security.AccessController.doPrivileged(Native Method)
    at org.jboss.web.tomcat.security.SecurityAssociationActions.createSecurityContext(SecurityAssociationActions.java:243)
    at org.jboss.web.tomcat.security.SecurityContextEstablishmentValve.createSecurityContext(SecurityContextEstablishmentValve.java:78)
    at org.jboss.web.tomcat.security.SecurityContextEstablishmentValve.process(SecurityContextEstablishmentValve.java:110)
    at org.jboss.web.tomcat.security.SecurityContextEstablishmentValve.invoke(SecurityContextEstablishmentValve.java:70)
    at org.apache.catalina.core.StandardHostValve.invoke(StandardHostValve.java:127)
    at org.apache.catalina.valves.ErrorReportValve.invoke(ErrorReportValve.java:102)
    at org.jboss.web.tomcat.service.jca.CachedConnectionValve.invoke(CachedConnectionValve.java:158)
    at org.apache.catalina.core.StandardEngineValve.invoke(StandardEngineValve.java:109)
    at org.apache.catalina.connector.CoyoteAdapter.service(CoyoteAdapter.java:330)
    at org.apache.coyote.http11.Http11Processor.process(Http11Processor.java:829)
    at org.apache.coyote.http11.Http11Protocol$Http11ConnectionHandler.process(Http11Protocol.java:598)
    at org.apache.tomcat.util.net.JIoEndpoint$Worker.run(JIoEndpoint.java:447)
    at java.lang.Thread.run(Thread.java:619)