The Business Research Company’s report on the Aerospace Adhesives And Sealants Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the aerospace adhesives and sealants industry?
The rising interest in air travel is expected to propel the aerospace adhesives and sealants market going forward. Air travel refers to the transportation in the sky by which people and things can be moved in the air by things like airplanes and drones. Adhesives are used in the manufacturing of air and spacecraft, including the creation of conductive circuits, wings, door moldings, interior trims, seats, and others. Sealants are used in applications such as fuel tank sealing, cabin pressurization, electrical encapsulation, windshield, and access door sealing, and form-in-place gasketing. For instance, in May 2022, according to a report released by the International Civil Aviation Organization (ICAO), a Canada-based specialized agency of the United Nations, in terms of revenue passenger kilometers total traffic in June 2022 increased by 76.2% over June 2021, principally due to a persistently strong rebound in foreign travel. Therefore, the rising interest in air travel is driving the growth of the aerospace adhesives and sealants market.
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What is the estimated market size of the aerospace adhesives and sealants sector by 2029, based on current forecasts?
The aerospace adhesives and sealants market size has grown strongly in recent years. It will grow from$1.75 billion in 2024 to $1.9 billion in 2025 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to a rise in air travel, advancements in aircraft design, focus on fuel efficiency, increased defense spending, growing maintenance, repair, and overhaul (MRO) activities
The aerospace adhesives and sealants market size is expected to see strong growth in the next few years. It will grow to “$2.69 billion in 2029 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to increasing demand for electric aircraft, growing use of lightweight materials, global expansion of commercial aviation, rising defense and space exploration initiatives, integration of smart materials. Major trends in the forecast period include R&D investments in aerospace technologies, rapid technological advancements, advancements in nanotechnology, growing focus on automation and efficiency, increasing adoption of composite materials.
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#Who are the top players in the aerospace adhesives and sealants market?
Major companies operating in the aerospace adhesives and sealants market include H.B. Fuller Company, Henkel Corporation, Minnesota Mining and Manufacturing Company, PPG Industries Inc., Huntsman International LLC, Cytec Solvay Group, Dowdupont Inc., Bostik Inc., Lord Corporation, Hexcel Corporation, Beacon AdhesivesInc., Permabond LLC, Illinois Tool Works Inc., Dow Corning Corporation, Royal Adhesives & Sealants, Click Bond Inc., Solvay SA, Avery Dennison Corporation, DELO Industrie Klebstoffe GmbH & Co. KGaA, Dymax Corporation, Hernon Manufacturing Inc., Hybond Inc., Hylomar Group, L&L Products Inc., Master Bond Inc., Parson Adhesives Inc., Specialty Polymers and Services Inc., Ellsworth Adhesives, UNISEAL ADHESIVES AND SEALANTS PRIVATE LIMITED, General Sealants Inc., Mactac North America LLC
#What are the major trends in the aerospace adhesives and sealants market?
Major companies in the aerospace adhesives and sealants market are advancing innovative technologies, such as automated fiber placement (AFP), to improve fuel efficiency. Automated fiber placement (AFP) is a manufacturing technology that utilizes automated systems to accurately lay down continuous fiber materials, allowing for the efficient creation of composite structures with intricate shapes. For instance, in July 2023, Park Aerospace Corp., a US-based manufacturing company, launched the Aeroadhere FAE-350-1, a structural film adhesive intended for primary and secondary structure bonding in aerospace. Applications such as composite-to-composite, composite-to-honeycomb, composite-to-metal, metal-to-metal, and metal-to-honeycomb bonding can all benefit from this 350°F curing epoxy formulation. It is perfect for aircraft original equipment and maintenance, repair, and overhaul (MRO) applications because of its great toughness and high-temperature characteristics.
Which geography holds the highest aerospace adhesives and sealants market share?
North America was the largest region in the aerospace adhesives and sealants market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global aerospace adhesives and sealants market report during the forecast period. The regions covered in the aerospace adhesives and sealants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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How do different segments contribute to the overall expansion of the aerospace adhesives and sealants market?
The aerospace adhesives and sealants market covered in this report is segmented –
1) By Type: Adhesives, Sealants
2) By Adhesive Resin: Epoxy, Polyurethane, Other Adhesive Resins
3) By Sealants Resin: Polysulfide, Silicone, Other Sealants Resins
4) By Technology: Solvent-Based, Water-Based, Other Technologies
5) By Aircraft: Commercial, Military, Other Aircrafts
Subsegments:
1) By Adhesives: Epoxy Adhesives, Polyurethane Adhesives, Acrylic Adhesives, Silicone Adhesives, Other Adhesives
2) By Sealants: Acrylic Sealants, Silicone Sealants, Polyurethane Sealants, Butyl Sealants, Other Sealants
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How is the aerospace adhesives and sealants market defined?
Adhesive and sealant used in aeronautical applications is called aerospace adhesive. These protect an airplane’s cabin, exterior, and engine area. Adhesives facilitate better stress distribution and improve aerodynamics and aesthetics while offering corrosion protection.
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