- Epoxy
- Silicone
- PU
Aerospace Adhesives And Sealants Market size was valued at USD 1.3 billion in 2022 and is expected to reach USD 1.9 billion by 2029, at a CAGR of 5.7%from 2023 to 2029. Aerospace adhesives and sealants is expected to augment a significant growth owing to its flourishing demand in aerospace end-user industry. Astonishing lifestyle of consumers tied with high disposable income is anticipated to boost the demand for aerospace adhesives and sealants which in turn upsurges the growth of market. Furthermore, civil aerospace industry is projected to grow at a persistent rate of x% over the forecast period. In addition, extensive R&D by space research organizations and rising demand for military aircraft electrification is expected to inflate the market growth. However, the high cost associated in the development of aerospace adhesives and sealants and increasing concern for the eco-friendly products hinders the growth of market. The report studies global aerospace adhesives & sealants market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).
Global Aerospace Adhesives And Sealants Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
5.7%
Largest Market
Asia-Pacific
Fastest Growing Market
North-America
Aerospace Adhesives And Sealants Market Dynamics
The commercial segment accounted for the largest revenue share in the market. The growth in the demand for air travel due to increasing disposable income of the middle-class population is expected to generate a demand for aerospace adhesives and sealants for commercial application. Over the past years, there has been a substantial increase in air traffic in various regions due to inexpensive fares offered by low-cost airlines. This intensification in air traffic leads to an upswing demand for newer aircraft and associated services, which in turn is expected to fuel the aerospace adhesive & sealants market. Air travel today remains a vibrant market. Wide body passenger airplane and freighter deliveries make up over XX% of the market value. Airbus, Boeing business jets, and Dassault Falcon are the leading consumers of aerospace adhesives and sealants market.
North-America Got Significant Share
Aerospace Adhesives And Sealants Market Regional Analysis
North America accounts for XX% in the global market. The US is the major contributor in this region with a gross output of US$ XX Bn. The total commercial air fleet in this country is expected to rise, owing to the growth in air cargo. Asia Pacific is anticipated to be the fastest growing market for aerospace adhesives and sealants during the forecast period. Rising disposable income and emerging middle-class population are expected to generate a demand for aerospace adhesive and sealants. This, in turn drives the aerospace adhesives and sealants market in Asia Pacific region.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Global Aerospace Adhesives And Sealants Market Segmentation
By Resin Type
By Technology Type
- Solvent-based
- Water-based
By Application
- Commercial
- Military
- General Aviation
Frequently Asked Questions
2022 is the base year and 2029 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
Aerospace Adhesives And Sealants Market size was valued at USD 1.3 billion in 2022 and is expected to reach USD 1.9 billion by 2029, at a CAGR of 5.7%from 2023 to 2029.
| 1.Executive Summary |
| 2.Global Aerospace Adhesives And Sealants Market Introduction |
| 2.1.Global Aerospace Adhesives And Sealants Market - Taxonomy |
| 2.2.Global Aerospace Adhesives And Sealants Market - Definitions |
| 2.2.1.Resin Type |
| 2.2.2.Technology Type |
| 2.2.3.Application |
| 2.2.4.Region |
| 3.Global Aerospace Adhesives And Sealants Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Aerospace Adhesives And Sealants Market Analysis, 2018-2022 and Forecast 2023-2029 |
| 4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Aerospace Adhesives And Sealants Market By Resin Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 5.1. Epoxy |
| 5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Silicone |
| 5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. PU |
| 5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6.Global Aerospace Adhesives And Sealants Market By Technology Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 6.1. Solvent-based |
| 6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Water-based |
| 6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7.Global Aerospace Adhesives And Sealants Market By Application, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 7.1. Commercial |
| 7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Military |
| 7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. General Aviation |
| 7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 8.Global Aerospace Adhesives And Sealants Market By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Aerospace Adhesives And Sealants Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 9.1. Resin Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Epoxy |
| 9.1.2.Silicone |
| 9.1.3.PU |
| 9.2. Technology Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Solvent-based |
| 9.2.2.Water-based |
| 9.3. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Commercial |
| 9.3.2.Military |
| 9.3.3.General Aviation |
| 9.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Aerospace Adhesives And Sealants Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 10.1. Resin Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Epoxy |
| 10.1.2.Silicone |
| 10.1.3.PU |
| 10.2. Technology Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Solvent-based |
| 10.2.2.Water-based |
| 10.3. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Commercial |
| 10.3.2.Military |
| 10.3.3.General Aviation |
| 10.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 10.4.7. |
| 11.Asia Pacific (APAC) Aerospace Adhesives And Sealants Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 11.1. Resin Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Epoxy |
| 11.1.2.Silicone |
| 11.1.3.PU |
| 11.2. Technology Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Solvent-based |
| 11.2.2.Water-based |
| 11.3. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Commercial |
| 11.3.2.Military |
| 11.3.3.General Aviation |
| 11.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Aerospace Adhesives And Sealants Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 12.1. Resin Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Epoxy |
| 12.1.2.Silicone |
| 12.1.3.PU |
| 12.2. Technology Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Solvent-based |
| 12.2.2.Water-based |
| 12.3. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Commercial |
| 12.3.2.Military |
| 12.3.3.General Aviation |
| 12.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Aerospace Adhesives And Sealants Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 13.1. Resin Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Epoxy |
| 13.1.2.Silicone |
| 13.1.3.PU |
| 13.2. Technology Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Solvent-based |
| 13.2.2.Water-based |
| 13.3. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Commercial |
| 13.3.2.Military |
| 13.3.3.General Aviation |
| 13.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.3M (US) |
| 14.2.2.Henkel AG & Co. KGaA (Germany) |
| 14.2.3.Huntsman International LLC. (US) |
| 14.2.4.PPG Industries Inc. (US) |
| 14.2.5.Cytec Solvay Group (Belgium) |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
- 3M (US)
- Henkel AG & Co. KGaA (Germany)
- Huntsman International LLC. (US)
- PPG Industries Inc. (US)
- Cytec Solvay Group (Belgium)