Aerospace Adhesives And Sealants Market Is Evolving With High Growth Rate of CAGR 5.4% by 2026

An adhesive is a substance used to stick or bond objects, items, parts, materials etc. Aerospace adhesives are interchangeably used for glue, fixative, cement, binder, etc., and are used to assemble dissimilar materials of heavy weights, without screws, bolts, nuts, etc. Choice of adhesives is more important than design and composite materials alone. Aerospace adhesives help improve uniform distribution of stresses and strains across bonded joints. It also helps strengthen and integrate parts of aircrafts by leaving no holes, rivets, or fastening elements to weaken the structure.

The first five-year cumulative revenue (2017–2021) of this segment is projected to be US$ 10,898.9 Mn, compared to a moderately higher cumulative revenue total of US$ 14,190.3 Mn for the latter five years of the forecast period (2022–2026). According to the forecast projections, revenue from the global aerospace adhesives & sealants market is expected to expand at a moderate CAGR of 5.4% during the forecast period.

Factors driving market growth include rising demand for aircrafts in developing countries, initiatives by governments worldwide to build strong air forces etc. in addition, increasing globalization is resulting in more demand for aircrafts, which is also expected to fuel the growth of the global market. However, high cost for R&D of specification, and stringent certification regulations are anticipated to hamper market growth.

The global aerospace adhesives and sealants market report has been segmented on the basis of resin type, technology, end use application, and region. On the basis of type segmentation, epoxy aerospace adhesives and sealants segment is estimated to account for major revenue share in the global market and is projected to register a CAGR of around 5% over the forecast period. Among the technology segments, the solvent borne segment accounted for highest revenue share in the global aerospace adhesives and sealants market, and is expected to register a CAGR of around 5% during the forecast period 2017 & 2026. On the basis of application segmentation, commercial aerospace adhesives and sealants segment is expected to account for major revenue share in the global market and projected to register a CAGR of around 5%, in terms of revenue over the forecast period.

On the basis of region, the global food packaging technology & equipment market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America market dominates the global aerospace adhesives and sealants and sealants market as it accounts for largest market share in terms of revenue as compared to that of markets in other regions. This is attributed to well-developed aerospace industrial vertical. Europe market accounts for the second largest revenue share contribution to the global aerospace adhesives and sealants market followed by markets in Asia Pacific, Latin America and Middle East & Africa respectively. The market in Asia Pacific is projected to register highest CAGR of 6%, which is relatively higher than that of markets in other regions.

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Key players in the global aerospace adhesives and sealants market include PPG Industries Inc., 3M Company, Royal Adhesives and Sealants, Cytec Industries Inc., Huntsman Corporation, United Resin Corporation, Hexcel Corporation, Beacon Adhesives Inc., Henkel AG and Company, and Solvay S.A.

Table Of Content: 

1.0 Chapter 1

  • 1.1 Preface
  • 1.2 Assumptions
  • 1.3 Abbreviations

2.0 Chapter 2

  • 2.1 Report Description
    • 2.1.1 Market Definition and Scope
  • 2.2 Executive Summary
    • 2.2.1 Market Snapshot, By Type
    • 2.2.2 Market Snapshot, By Technology
    • 2.2.3 Market Snapshot, By Application
    • 2.2.4 Market Snapshot, By Regiond

3.0 Chapter 3

  • 3.1 Global Aerospace Adhesives and Sealants Market Dynamics
    • 3.1.1 Drivers
    • 3.1.2 Restraints
    • 3.1.3 Opportunities
    • 3.1.4 PEST Analysis
    • 3.1.5 Porter’s Five Forces Analysis

4.0 Chapter 4

  • 4.0.1 Global Aerospace Adhesives and Sealants Segment Analysis, by Product Type
  • 4.0.2 Overview
  • 4.0.3 Segment Trends
  • 4.0.4 Market Share and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
  • 4.1 Epoxy
    • 4.1.1 Overview
    • 4.1.2 Market Share and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
  • 4.2 Silicone
    • 4.2.1 Overview
    • 4.2.2 Market Share and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
  • 4.3 Polyurethane
    • 4.3.1 Overview
    • 4.3.2 Market Share and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)
  • 4.4 Others
    • 4.4.1 Overview
    • 4.4.2 Market Share and Forecast, and Y-o-Y Growth, 2016–2026, (US$ Million)

5.0 Chapter 5

  • 5.0.1 Global Aerospace Adhesives and Sealants Segment Analysis, by Technology
  • 5.1 Waterborne
    • 5.1.1 Overview

TOC Continue…..

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