Report Id: SNS/C&M/1452 | May 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Aerospace Adhesive And Sealants Market size was valued at USD 2.1 Billion in 2021 and is projected to reach USD 3.1 Billion by 2028, growing at a CAGR of 5.6% from 2022 to 2028. The need for aerospace adhesives and sealants is increasing as composites become more prevalent in aircraft and as aircraft deliveries increase. The Aerospace Adhesive and Sealants Market have also benefited from the growing middle-class population in developing countries such as China, India, and Brazil.
Global Aerospace Adhesive and Sealants Market provide a comprehensive analysis of the industry. The research includes a detailed analysis of key segments, trends, drivers, constraints, the competitive landscape, and other important market variables. Aircraft adhesives and sealants are different from normal adhesives and sealants because they are exposed to pressure gradients and higher temperatures throughout their lifetime in the aerospace industry. High-performance resins such as polyurethane, epoxy, silicone, and hybrid polymers are used in the aerospace sector to provide bonding, waterproofing, filling, and sealing. Sealants are polymers that have a molecular structure that prevents penetration. They have epoxies in them that dry quickly and provide a smooth surface.
The rising use of composites in the aircraft industry is expected to drive the global aerospace adhesives and sealants market. In order to improve the vehicle's fuel efficiency by focusing on lightweight, aircraft manufacturers are using more composite components in the assembly.
The need for aerospace adhesives and sealants is increasing as composite components become more prevalent in airplanes. Furthermore, rising worldwide aircraft manufacturing is a major driver of the aerospace adhesives and sealants market's expansion. Increased aviation traffic development in emerging countries and increased urbanisation in emerging countries such as China and India are driving aircraft vehicle production.
The VOC level of high-performance aerospace adhesives and sealants is considerable. OEM manufacturers are seeking eco-friendly components as governments around the world tighten environmental laws on the transportation industry. Increasing government regulations, such as these, are expected to stifle market expansion in the next years.
Furthermore, the increased costs associated with research & development of aerospace adhesives and sealants that meet OEM criteria is a major restriction for the industry.
PPG Industries Inc., Royal Adhesives and Sealants, Huntsman Corporation, Beacon Adhesives Inc., Henkel AG and Company, Solvay Group, Hexcel Corporation, 3M, Cytec Industries Inc., United Resin Corporation, and other players.
By Rresin Type
By Technology Type
By User Type
Original equipment manufacturer (OEM)
Maintenance repair and operations (MRO)
By End-Use Industry
By Aircraft Type
Small Wide Body
Medium Wide Body
Large Wide Body
North America, Western Europe, Latin America, Eastern Europe, Asia Pacific (excluding Japan), Japan, and the Middle East and Africa make up the global aircraft adhesives and sealants market. In the worldwide aircraft adhesives and sealants market, Asia Pacific is expected to be one of the largest and fastest expanding regions.
The region's market demand is being driven by expanding urbanisation and rising income. The markets in North America and Western Europe are thought to be quite mature. Due to the region's tiny share of overall aircraft production, the Middle East and Africa market is expected to have a lesser share of the global market.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2021||US$ 2.1 Billion|
|Market Size by 2028||US$ 3.1 Billion|
|CAGR||CAGR of 5.6% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Type (Adhesives, Sealants)
• By Resin Type (Epoxy, Silicone, Polyurethane, Others)
• By Technology Type (Solvent-based, Water-based, Others )
• By User Type (OEM, MRO)
• By End-Use Industry (Commercial, Military, General Aviation)
• By Aircraft Type (Single Aisle, Regional Jets, Small Wide Body, Medium Wide Body, Large Wide Body)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||PPG Industries Inc., Royal Adhesives and Sealants, Huntsman Corporation, Beacon Adhesives Inc., Henkel AG and Company, Solvay Group, Hexcel Corporation, 3M, Cytec Industries Inc., United Resin Corporation, and other players.|
Frequently Asked Questions (FAQ) :
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Key Stakeholders Considered in the study:
Raw material vendors
Regulatory authorities, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
End-use industries are the stake holder of this report
Ans: Solvent-based, Water-based And Others are the sub-segments of by technology Type segment.
Ans: PPG Industries Inc., Royal Adhesives and Sealants, Huntsman Corporation, Beacon Adhesives Inc., Henkel AG and Company, Solvay Group, Hexcel Corporation, 3M, Cytec Industries Inc. and United Resin Corporation are the key players in the US antimicrobial plastics market.
Ans: Aerospace Adhesive And Sealants Market size was valued at USD 1.10 Billion in 2020 and is projected to reach USD 1.50 Billion by 2028, growing at a CAGR of 5.2% from 2022 to 2028.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Aerospace Adhesives & Sealants Market, By Type:
9. Global Aerospace Adhesives & Sealants Market, By resin type
10. Global Aerospace Adhesives & Sealants Market, By Technology Type
11. Global Aerospace Adhesives & Sealants Market, By user type
11.1 Original equipment manufacturer (OEM)
11.2 Maintenance repair and operations (MRO)
12. Global Aerospace Adhesives & Sealants Market, By end-use industry,
12.3 General Aviation
13. Global Aerospace Adhesives & Sealants Market, By Aircraft Type
13.1 Single Aisle
13.2 Regional Jets
13.3 Small Wide Body
13.4 Medium Wide Body
13.5 Large Wide Body
14. Regional Analysis
14.2 North America
14.3.6 The Netherlands
14.3.7 Rest of Europe
14.4.2 South Korea
14.4.6 Rest of Asia-Pacific
14.5 The Middle East & Africa
14.5.3 South Africa
14.6 Latin America
14.6.3 Rest of Latin America
15. Company Profiles
15.1 PPG Industries Inc.
15.1.2 Products/ Services Offered
15.1.3 SWOT Analysis
15.1.4 The SNS view
15.3 Royal Adhesives and Sealants
15.4 Cytec Industries Inc.
15.5 Huntsman Corporation
15.6 United Resin Corporation
15.7 Hexcel Corporation
15.8 Beacon Adhesives Inc.
15.9 Henkel AG and Company
15.10 Solvay Group
16. Competitive Landscape
16.1 Competitive Benchmark
16.2 Market Share analysis
16.3 Recent Developments
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.