Latin America Aerospace Adhesives & Sealants Market: By Resin Type (Epoxy, Silicone, PU), Technology (Solvent-based, Water-based), Application (Commercial, Military, General A Aviation), and Geography

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Latin America Aerospace Adhesives And Sealants Market size was valued at USD x billion in 2021 and is expected to reach USD x billion by 2028, at a CAGR of x% during the forecast period 2022 to 2028. Aerospace adhesives & 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 & sealants which in turn upsurges the growth of market. Key players implement various market strategy like acquisition, collaboration, new product launch  to create a strong consumer base. Key player’s emphases on organic growth to drive efficiencies of its adhesive business. For instance, in February 2018, Henkel adhesive technologies business unit started the construction of a new production facility for the aerospace application at the Henkel site in Montornès del Vallès (Montornès), Spain. The new line will serve the growing demand for high-impact solutions supporting key trends in the Latin America aerospace industry such as weight reduction and automation. Furthermore, civil aerospace industry is projected to grow at a persistent rate of XX% over the forecast period. In addition, extensive R&D by space research organizations and rising demand for military aircrafts 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 Latin America 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, Latin America aerospace adhesives & sealants market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).

Latin America Aerospace Adhesives And Sealants Market

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.

Key Features of the Reports

  • Latin America aerospace adhesives & sealants market expanding at significant CAGR over 2022 to 2028 due to adoption of green chemistry in organic synthesis.
  • Based on application, commercial segment accounted for larger market revenue share in 2021 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in Latin America Aerospace Adhesives & Sealants market

Latin America Aerospace Adhesives And Sealants Market Segmentation

By Resin Type
  • Epoxy
  • Silicone
  • PU
By Technology
  • Solvent-based
  • Water-based
By Application
  • Commercial
  • Military
  • General Aviation

Frequently Asked Questions

2021 is the base year and 2028 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.

  • 3M (US)
  • Henkel AG & Co. KGaA (Germany)
  • Huntsman International LLC. (US)
  • PPG Industries Inc. (US)
  • Cytec Solvay Group (Belgium)

Adjacent Markets