“According to research report published by Polaris Market Research, the global Aerospace Adhesives & Sealants Market size & share expected to reach to USD 1.36 Billion by 2028 from USD 1.02 Billion in 2020, at a compound annual growth rate (CAGR) of 5.1% during forecast period 2021 to 2028.”
Market Overview:
The gradual push towards lightweight airframes has expanded the usage of carbon-fiber composites in large aerospace structural applications such as fuselage, wings, and control surfaces. This intends to push the industry for adhesives and composite parts that cannot be riveted with metal fastening systems and are preferably being assembled and bonded using adhesive.
The epoxy resin segment remains the workhorse of the market driven by its high load-bearing capability, excellent chemical resistance, and extreme glass transition temperature resistance. It is also highly compatible with carbon-epoxy composite parts, which dominate aerospace composite applications. These extensive characteristics of epoxy resins are attributed to driving the market demand for epoxy resin-based adhesive & sealants during the forecast period.
North America to retain its gigantic share in the global demand driven by its ever-increasing push in escalating usage of high-end composite materials and adhesives and sealants in new and upcoming aircraft platforms. Boeing’s B777x, an upcoming wide-body aircraft, has incorporated carbon-epoxy prepreg composite materials into its primary structures such as empennage, floor beams, and in its wings, which is believed to be the world’s largest composite wing so far.
Get sample copy of this research Report: https://www.polarismarketresearch.com/industry-analysis/aerospace-adhesive-sealant-market/request-for-sample
This is likely to substantiate penetration of the bonding solutions which are the prime bonding solutions for composite-based parts and structures. The region’s leadership is also backed by its dominance in military aircraft and business jet production.
Industry Major Market Players
- 3M
- Huntsman International LLC
- PPG Industries Inc
- Henkel AG & Co.,
- Cytec Solvay Group
- Bostic
- Hexcel Corporation
- DowDuPont
- H.B. Fuller
- Lord Corporation
*Note: Additional companies can be included on request
Drivers And Restraints Affecting The Market:
The report reviews new technologies focusing on innovative business models, competitive strategic history, a range of value-added products, and growth examination that can drive global Aerospace Adhesives & Sealants market growth are also included in the report. It further summarizes the accomplishments and other major developments in the industry.
Key Questions Answered By Report:
- What was the global Aerospace Adhesives & Sealants market size? What are the estimated growth trends and forecasts (2021-2028)?
- What will be the CAGR of the market?
- Which segments were most attractive for investments?
- Which manufacturer/vendor/players in the industry are the market leaders?
The report traces key market drivers, covering potentially lucrative opportunities and challenges as well as drivers, obstacles, issues, and risks. The research methodology includes interviews with various representatives of the global Aerospace Adhesives & Sealants industry along with primary and secondary research to offer the clients information and strategies to fight against the challenges amidst and after the COVID-19 pandemic.
Aerospace Adhesives & Sealants Market Report Scope
|
Report Attributes |
Details |
|
Market size value in 2020 |
USD 1.02 billion |
|
Revenue forecast in 2028 |
USD 1.36 billion |
|
CAGR |
5.1% from 2021 – 2028 |
|
Base year |
2020 |
|
Historical data |
2016 – 2019 |
|
Forecast period |
2021 – 2028 |
|
Key Companies |
3M, Beacon Adhesives, Bostik (Arkema), Cytec Solvay Group, Delo Industrial Adhesives, DowDuPont, Dymax Corporation, General Sealants, H. B. Fuller, Henkel AG & Co. KGaA, Hernon Manufacturing, Hexcel Corporation and others |
|
Segments covered |
By Resin, By Aircraft, By Technology, By Application, By Region |
|
Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
|
Purchase Options |
Request customized purchase options to meet your research needs. Explore purchase options |
Impact of COVID-19:
The report analyzes the COVID-19 impact on the global Aerospace Adhesives & Sealants market. The outbreak has spread around the globe with the World Health Organization declaring it a public health emergency. The global effects of coronavirus disease (COVID-19) will significantly affect the market in the forecast period from 2021-2028.
Significant Highlights of The Report:
- Historical, current, and projected global Aerospace Adhesives & Sealants market size, in terms of value
- The report talks about insights on the current scenarios along with predictions
- It includes key segments and country-related assessments incorporating the market share and growth rate of each region, country, and sub-region during the estimated period from 2021-2028.
- From macro overview to micro details, the report demonstrates industry performance, recent trends, key drivers, and challenges
- It not only examines the global Aerospace Adhesives & Sealants market but provides key actionable insights to its stakeholders
- Analysis of niche and potential segments (product type, application, and regions/countries) predicted to observe promising growth
- Key player positioning analysis and competitive landscape
- Analysis of major risks associated with the market operations
This research will surely work as an excellent tool for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are ready to enter or planning to enter the global Aerospace Adhesives & Sealants market in any manner. The informative data available in this report will enable companies to strategize and leverage all forthcoming growth opportunities.
The country-wise analysis section covers the following key regions:
- North America (United States, Canada, and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and the rest of South America)
- The Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa, and the Rest of the Middle East and Africa)
Directly Purchase a copy of the report with TOC @ https://www.polarismarketresearch.com/checkouts/9811
Polaris Market Research has segmented the aerospace adhesives & sealants market report on the basis of resin, aircraft, technology, application, and region:
Aerospace Adhesives & Sealants, Resin Outlook (Revenue – USD Million, 2016 – 2028)
- Epoxy
- Polyurethane
- Silicone
- Others
Aerospace Adhesives & Sealants, Aircraft Outlook (Revenue – USD Million, 2016 – 2028)
- Commercial Aircraft
- Regional Transportation Aircraft
- General Aviation
- Military Aircraft
- Spacecraft
Aerospace Adhesives & Sealants, Technology Outlook (Revenue – USD Million, 2016 – 2028)
- Solvent-borne
- Water-borne
- Hot-Melt
Aerospace Adhesives & Sealants, Application Outlook (Revenue – USD Million, 2016 – 2028)
- Structural
- Non-Structural
Aerospace Adhesives & Sealants, Regional Outlook (Revenue – USD Million, 2016 – 2028)
- North America
- U.S.
- Canada
- Europe
- Austria
- France
- Germany
- Italy
- Netherland
- Spain
- UK
- Asia Pacific
- China
- India
- Japan
- Australia
- Indonesia
- Malaysia
- Latin America
- Mexico
- Brazil
- Argentina
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Israel
Have Any Query Or Specific Requirement? Feel Free to Ask Our Industry Experts at : https://www.polarismarketresearch.com/industry-analysis/aerospace-adhesive-sealant-market/speak-to-analyst
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavour to deliver value-added business solutions to our customers.
Media Contact
Company Name: Polaris Market Research and Consulting
Contact Person: Likhil
Email: Send Email
Phone: +1-9292-97-97-27
Address:30 Wall Street 8th Floor, New York City, NY 10005, United States
City: New York City
State: US
Country: United States
Website: https://www.polarismarketresearch.com/industry-analysis/aerospace-adhesive-sealant-market