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Aerospace Adhesive And Sealants Market

Aerospace Adhesives & Sealants Market Size, Share & Segmentation 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), by Region | Global Market Forecast 2022-2028

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.

Aerospace Adhesive And Sealants Market 2022

MARKET DYNAMICS: 

KEY DRIVERS:

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.

RESTRAINTS: 

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.

Key Players:

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.

Market Segmentation:

By Type

  • Adhesives

  • Sealants

 By Rresin Type

  • Epoxy

  • Silicone

  • Polyurethane

  • Others

By Technology Type

  • Solvent-based

  • Water-based

  • Others 

By User Type

  • Original equipment manufacturer (OEM)

  • Maintenance repair and operations (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

Aerospace Adhesive And Sealants Market 2022

Regional Analysis:

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.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The 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

 

Aerospace Adhesive And Sealants Market Report Scope:
Report Attributes Details
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
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
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
Distributors/traders/wholesalers/suppliers
Regulatory authorities, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade/Industrial associations
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. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

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:

8.1 Adhesives

8.2 Sealants

 

9. Global Aerospace Adhesives & Sealants Market, By resin type

9.1 Epoxy

9.2 Silicone

9.3 Polyurethane

9.4 Others

 

10. Global Aerospace Adhesives & Sealants Market, By Technology Type

10.1 Solvent-based

10.2 Water-based

10.3 Others 

 

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, 

12.1 Commercial

12.2 Military

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

14.1 Introduction

14.2 North America

14.2.1 USA

14.2.2    Canada

14.2.3    Mexico

14.3        Europe

14.3.1    Germany

14.3.2    UK

14.3.3    France

14.3.4    Italy

14.3.5    Spain

14.3.6    The Netherlands

14.3.7    Rest of Europe

14.4        Asia-Pacific

14.4.1    Japan

14.4.2    South Korea

14.4.3    China

14.4.4    India

14.4.5    Australia

14.4.6    Rest of Asia-Pacific

14.5        The Middle East & Africa

14.5.1    Israel

14.5.2    UAE

14.5.3    South Africa

14.5.4    Rest

14.6        Latin America

14.6.1    Brazil

14.6.2    Argentina

14.6.3    Rest of Latin America

 

15. Company Profiles

15.1 PPG Industries Inc.

15.1.1 Financial

15.1.2 Products/ Services Offered

15.1.3 SWOT Analysis

15.1.4 The SNS view

15.2 3M

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

 

17. Conclusion

 

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Secondary Research

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