The Aerospace Adhesive and Sealant Market was worth US$ 1 billion in 2019, the expected CAGR through 2030 is 5.2%.
The manufacturing of aircrafts across the globe has witnessed significant growth during past decade owing to increased demand for aircrafts from the commercial and military aviation. The commercial aviation industry is witnessing growth in number of deliveries owing to rising air traffic across the globe. This has accelerated the aircraft manufacturing, thereby fueling the growth of the global aerospace adhesive and sealant market.
Aerospace adhesives and sealants play a vital role in manufacturing of aircraft components such as thread-lockers, hydraulic thread systems, retaining compounds, door panels, door moldings, and wing spars. Additionally, the adoption of composites in aircraft and component manufacturing has resulted in increased demand for high quality adhesives and sealants globally. Increased investment in manufacturing of advanced adhesives and sealants is expected to contribute towards the growth of the global aerospace adhesive and sealant market during the forecast period.
Commercial segment contributed the largest share to the global aerospace and sealants market in 2019 and is anticipated to be a dominating region throughout the forecast period owing to the presence of leading aerospace and aerospace component manufacturers across the United States.
The adoption of advanced technologies and products in manufacturing of aircraft by leading players such as Boeing, Honeywell International Inc., and Lockheed Martin, along with increased number of aircraft orders is estimated to contribute towards the growth of the North America aerospace adhesives and sealants market during the forecast period. Asia Pacific is expected to be the fastest growing geography during the forecast period owing to expansion of aircraft component manufacturing and growth of specialty chemical manufacturing industry across the leading countries.
Aerospace Adhesive and Sealant Market Share Analysis, by Geography (2022)
The report titled “Aerospace Adhesive and Sealant Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032” wherein 2021 is historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global aerospace adhesive and sealant market.
Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global aerospace adhesive and sealant market is segmented on the basis of product type, resin type, technology, application, end user, and geography. Based on product type, the global aerospace adhesive and sealant market is segmented into adhesives and sealants. Based on resin type, the global aerospace adhesive and sealant market is segmented into epoxy, silicone, polyurethane, polysulfide, and others. Based on technology type, the global aerospace adhesive and sealant market is segmented into water-based, solvent-based, and others. Based on application, the global aerospace adhesive and sealant market is segmented into commercial aviation, military aviation, general aviation, and others. Based on end user, the global aerospace adhesive and sealant market is segmented into aircraft OEMs and aftermarket (MRO). Based on geography, the global aerospace adhesive and sealant market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on aerospace adhesive and sealant. Further, market share of prominent companies in the global aerospace adhesive and sealant market would also be estimated. the study takes into consideration the key competitive information such as business strategy, product portfolio, key development, swot analysis, and research and development focus of all the aerospace adhesive and sealant companies.
The global aerospace adhesive and sealant market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution. Product portfolio would focus on all the products under the aerospace adhesive and sealant business segment of the company.
Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global aerospace adhesive and sealant market.
Major players active in the global aerospace adhesive and sealant market include 3M, Beacon Adhesives, Inc., Bostik (an Arkema Company), DELO Industrie Klebstoffe GmbH & Co. KGaA, DuPont de Nemours, Inc., Dymax Corporation, General Sealants Inc, H.B. Fuller Company, Henkel AG & Company, KGaA, HERNON MANUFACTURING INC., Hexcel Corporation, Huntsman Corporation, Hylomar, Illinois Tool Works Inc., IPS Corporation, L&L Products, Inc., Lord Corporation, Master Bond Inc., Permabond LLC, PPG Industries, Inc., Reynolds Co., Sika AG, Solvay (Cytec Industries Incorporated), and Uniseal, Inc.
By Product Type
By Resin Type
By Technology
By Application
By End User
By Geography
North America is the principal contributor to the global Aerospace Adhesive and Sealants market.
The sample report for the Aerospace Adhesive and Sealants Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
Some key players operating in the Aerospace Adhesive and Sealants market include 3M, Beacon Adhesives, Inc., Bostik (an Arkema Company), DELO Industrie Klebstoffe GmbH & Co. KGaA, DuPont de Nemours, Inc., Dymax Corporation, General Sealants Inc, H.B. Fuller Company, Henkel AG & Company, KGaA, HERNON MANUFACTURING INC., Hexcel Corporation, Huntsman Corporation, Hylomar, Illinois Tool Works Inc., IPS Corporation, L&L Products, Inc., Lord Corporation, Master Bond Inc., Permabond LLC, PPG Industries, Inc., Reynolds Co., Sika AG, Solvay (Cytec Industries Incorporated), and Uniseal, Inc..
Based on applicaltions, the Aerospace Adhesive and Sealants market is segmented into Commercial Aviation, Military Aviation, General Aviation and Others.
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