by [150+ Pages Report] According to Report, the aerospace adhesives & sealants market is expected to grow at a CAGR of 5.5% during forecast period 2021 to 2030 and is projected to reach around US$ 1.55 billion by 2027.
The aerospace adhesives & sealants market report covers a detailed analysis for the historic period 2017-2020, considering 2021 as the base year and forecast (growth) for 2021-2027.
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This research report evaluates the aerospace adhesives & sealants market on a global and regional level. It offers a thorough analysis of the market revenue status, growth, future trends, and forecast of the global aerospace adhesives & sealants market for the period from 2017 to 2027.
Growth Factors
Aerospace sector impart great significance on the economy of a country because of which the demand of aerospace adhesives and sealants are subsequently expected to grow. The industry contributes significantly towards the national growth and hence has attracted numerous investors and stakeholders over the past decades. Thus, the above mentioned factors notably drive the market for aerospace adhesives & sealants. Furthermore, growth in the air logistics sector because of rise in e-commerce industry is the other most prominent factor that contributes towards the market growth.
Market Report Scope
| Report Highlights | Details |
| Market Size | USD 1.55 Billion by 2027 |
| Growth Rate | CAGR of 5.5% From 2021 to 2027 |
| Base Year | 2021 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2027 |
| Segments Covered | Sealants Resin, Adhesive Resin, Aircraft |
| Regional Scope | North America, Europe, Asia Pacific, Rest of the World |
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This report enables readers to make important decisions with regard to their business, with the help of a wealth of Information enclosed in the study. The report also provides the compound annual growth rate (CAGR) of the global aerospace adhesives & sealants market for the forecast period of 2021–2027. This data can help readers interpret quantitative growth aspects of the global market during the forecast period. It presents a wealth of information on key market dynamics, including drivers, market trends, and challenges, as well as the structure of the global market across the globe.
The report analyzes the historical and present-day scenario of the global aerospace adhesives & sealants market to accurately gauge its growth potential. The study presents detailed information about important growth factors, restraints, and key trends that are creating the landscape for growth of the global market in order to identify opportunities for stakeholders.
Key Highlights
- North America led the global market with a volume share of over 37% in 2019 because of increased focus of the U.S. government to strengthen its military force
- The Asia Pacific exhibits significant growth rate of around 6.5% during the upcoming period owing to rapid boost in the air passenger traffic coupled with the demand for new aircrafts
- Based on adhesive resins, epoxy led the global market and accounted for a value share of over 46%in 2019 because of its properties and large number of applications in the industry
- Polyurethane expected to be the most lucrative segment in adhesive resins and projected to grow at a CAGR of around 6% during the forecast timeframe, in terms of volume.
- The commercial aircraft segment dominated the global market accounting for a share of more than half of the total market volume in 2019 due to rising indirect demand for new commercial aircraft
- Surge in demand for new and advanced military aircraft that include patrol, transports, and fighters projected to impel the growth of military segment in the global market
- North America emerged as a global leader in the global aerospace adhesives & sealants market accounting for a volume share of more than 37% in 2019 mainly because of increased spending by the government of United States on their military technology.
- The Asia Pacific seeks to be the most opportunistic market owing to the increasing demand for new commercial aircrafts in the region mainly because of increased passenger traffic in the region.
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Competition Landscape
In the final section of the research report, Precedence Research provided the global aerospace adhesives & sealants market structure and a detailed competition landscape to provide a dashboard view of key players operating in the global market along with their business strategies to report audiences. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the value chain of the market.
Some of the major players in the aerospace adhesives & sealants market include:
- B. Fuller
- Henkel Corporation
- 3M
- PPG Industries Inc.
- Huntsman International LLC
- Cytec Solvay Group
- Dowdupont
- Bostik
- Lord Corporation (Parker Hannifin Corp)
- Hexcel Corporation
Market Segmentation
By Sealants Resin
- Silicone
- Polysulfide
- Others
By Adhesive Resin
- Polyurethane
- Epoxy
- Others
By Aircraft
- Military
- Commercial
- Others
Regional Segmentation
– North America (U.S. and Canada)
– Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
– Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
– Latin America (Brazil and Rest of Latin America)
– Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
- Market estimate for 2020
- Average selling price (ASP) per region for specific product type
- Filtrations and assortment of gathered data, to estimate the base year (2021) market size for the country
- Gathering data from company websites, annual reports, white papers, financial reports, broker reports, investor presentations, and SEC filings
- National government documents, statistical databases
- News articles, press releases, and webcasts specific to companies operating in the market
- Country wise analysis through internal and external proprietary databases, and relevant patent and regulatory databases
- Determination of market penetration by country
Most Asked Questions –
What was the market size value of the aerospace adhesives & sealants in 2020?
What is the expected market size by 2027?
What is the aerospace adhesives & sealants market growth?
What are the key factors that positively influence market growth?
Who are the prominent players in the aerospace adhesives & sealants market?
Why Buy this Report?
The purpose of Precedence Research’s aerospace adhesives & sealants market study is to provide stakeholders with a detailed picture of potential barriers and untapped opportunities. The report contains exclusive information to assist businesses in making informed decisions about how to maintain growth throughout the assessment period.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Aerospace Adhesives & Sealants Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Aerospace Adhesives & Sealants Market
5.1. Covid-19: Aerospace Adhesives & Sealants Industry Impact
5.2. Aerospace Adhesives & Sealants Business Impact Assessment: Covid-19
5.2.1. Supply Chain Challenges/Disruption
5.2.2. Market Trends and Aerospace Adhesives & Sealants Opportunities in the COVID-19 Landscape
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Aerospace Adhesives & Sealants Manufacturers to deal with Covid-19 Pandemic Scenario
Chapter 6. Aerospace Adhesives & Sealants Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Increasing Passengers for Aircrafts
6.1.1.2. Rising Demand for Light Weight Aircrafts
6.1.2. Market Restraints
6.1.2.1. Reduced Spending on Defense Sector in Developed Countries
6.1.3. Market Opportunities
6.1.3.1. Increasing Demand for Commercial Aircraft
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Global Aerospace Adhesives & Sealants Market: Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Aerospace Adhesives & Sealants Market Revenue by Manufacturer (2015-2020)
7.1.1.2. Aerospace Adhesives & Sealants Market Revenue Market Share by Manufacturer (2015-2020)
7.1.1.3. Aerospace Adhesives & Sealants MarketVolume by Manufacturer (2015-2020)
7.1.1.4. Aerospace Adhesives & Sealants MarketVolume Share by Manufacturer (2015-2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Capacity Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Aerospace Adhesives & Sealants Market, By Sealants Resins
8.1. Aerospace Adhesives & Sealants Market, by Sealants Resins, 2016-2027
8.1.1. Silicone
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.1.2. Market Volume and Forecast (2016-2027)
8.1.2. Polysulfide
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.2.2. Market Volume and Forecast (2016-2027)
8.1.3. Others
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.3.2. Market Volume and Forecast (2016-2027)
Chapter 9. Global Aerospace Adhesives & Sealants Market, By Adhesive Resin
9.1. Aerospace Adhesives & Sealants Market, by Adhesive Resin, 2016-2027
9.1.1. Polyurethane
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.1.2. Market Volume and Forecast (2016-2027)
9.1.2. Epoxy
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.2.2. Market Volume and Forecast (2016-2027)
9.1.3. Others
9.1.3.1. Market Revenue and Forecast (2016-2027)
9.1.3.2. Market Volume and Forecast (2016-2027)
Chapter 10. Global Aerospace Adhesives & Sealants Market, By Aircraft
10.1. Aerospace Adhesives & Sealants Market, by Aircraft, 2016-2027
10.1.1. Military
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.1.2. Market Volume and Forecast (2016-2027)
10.1.2. Commercial
10.1.2.1. Market Revenue and Forecast (2016-2027)
10.1.2.2. Market Volume and Forecast (2016-2027)
10.1.3. Others
10.1.3.1. Market Revenue and Forecast (2016-2027)
10.1.3.2. Market Volume and Forecast (2016-2027)
Chapter 11. Global Aerospace Adhesives & Sealants Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Volume Forecast by Sealant Resins (2016-2027)
11.1.2. Market Revenue and Volume Forecast by Adhesive Resins (2016-2027)
11.1.3. Market Revenue and Volume Forecast by Aircraft (2016-2027)
11.1.4. U.S
11.1.4.1. Market Revenue and Volume Forecast (2016-2027)
11.1.5. Canada
11.1.5.1. Market Revenue and Volume Forecast (2016-2027)
11.2. Europe
11.2.1. Market Revenue and Volume Forecast by Sealant Resins (2016-2027)
11.2.2. Market Revenue and Volume Forecast by Adhesive Resins (2016-2027)
11.2.3. Market Revenue and Volume Forecast by Aircraft (2016-2027)
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast (2016-2027)
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast (2016-2027)
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast (2016-2027)
11.2.7. Rest of EU
11.2.7.1. Market Revenue and Volume Forecast (2016-2027)
11.3. Asia Pacific (APAC)
11.3.1. Market Revenue and Volume Forecast by Sealant Resins (2016-2027)
11.3.2. Market Revenue and Volume Forecast by Adhesive Resins (2016-2027)
11.3.3. Market Revenue and Volume Forecast by Aircraft (2016-2027)
11.3.4. China
11.3.4.1. Market Revenue and Volume Forecast (2016-2027)
11.3.5. India
11.3.5.1. Market Revenue and Volume Forecast (2016-2027)
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast (2016-2027)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast (2016-2027)
11.4. LATAM
11.4.1. Market Revenue and Volume Forecast by Sealant Resins (2016-2027)
11.4.2. Market Revenue and Volume Forecast by Adhesive Resins (2016-2027)
11.4.3. Market Revenue and Volume Forecast by Aircraft (2016-2027)
11.4.4. Brazil
11.4.4.1. Market Revenue and Volume Forecast (2016-2027)
11.4.5. Rest of LATAM
11.4.5.1. Market Revenue and Volume Forecast (2016-2027)
11.5. Middle East and Africa (MEA)
11.5.1. Market Revenue and Volume Forecast by Sealant Resins (2016-2027)
11.5.2. Market Revenue and Volume Forecast by Adhesive Resins (2016-2027)
11.5.3. Market Revenue and Volume Forecast by Aircraft (2016-2027)
11.5.4. GCC
11.5.4.1. Market Revenue and Volume Forecast (2016-2027)
11.5.5. North Africa
11.5.5.1. Market Revenue and Volume Forecast (2016-2027)
11.5.6. South Africa
11.5.6.1. Market Revenue and Volume Forecast (2016-2027)
11.5.7. Rest of MEA
11.5.7.1. Market Revenue and Volume Forecast (2016-2027)
Chapter 12. Company Profiles
12.1. H.B. Fuller
12.1.1. Company Overview, Business Information, Manufacturing Area
12.1.2. Product Portfolio Analysis
12.1.2.1. Product Details, Specification, Application
12.1.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
12.1.4. Recent Developments and Strategies
12.2. Henkel Corporation
12.2.1. Company Overview, Business Information, Manufacturing Area
12.2.2. Product Portfolio Analysis
12.2.2.1. Product Details, Specification, Application
12.2.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
12.2.4. Recent Developments and Strategies
12.3. 3M
12.3.1. Company Overview, Business Information, Manufacturing Area
12.3.2. Product Portfolio Analysis
12.3.2.1. Product Details, Specification, Application
12.3.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
12.3.4. Recent Developments and Strategies
12.4. PPG Industries Inc.
12.4.1. Company Overview, Business Information, Manufacturing Area
12.4.2. Product Portfolio Analysis
12.4.2.1. Product Details, Specification, Application
12.4.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
12.4.4. Recent Developments and Strategies
12.5. Huntsman International LLC
12.5.1. Company Overview, Business Information, Manufacturing Area
12.5.2. Product Portfolio Analysis
12.5.2.1. Product Details, Specification, Application
12.5.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
12.5.4. Recent Developments and Strategies
12.6. Cytec Solvay Group
12.6.1. Company Overview, Business Information, Manufacturing Area
12.6.2. Product Portfolio Analysis
12.6.2.1. Product Details, Specification, Application
12.6.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
12.6.4. Recent Developments and Strategies
12.7. Dowdupont
12.7.1. Company Overview, Business Information, Manufacturing Area
12.7.2. Product Portfolio Analysis
12.7.2.1. Product Details, Specification, Application
12.7.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
12.7.4. Recent Developments and Strategies
12.8. Bostik
12.8.1. Company Overview, Business Information, Manufacturing Area
12.8.2. Product Portfolio Analysis
12.8.2.1. Product Details, Specification, Application
12.8.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
12.8.4. Recent Developments and Strategies
12.9. Lord Corporation (Parker Hannifin Corp)
12.9.1. Company Overview, Business Information, Manufacturing Area
12.9.2. Product Portfolio Analysis
12.9.2.1. Product Details, Specification, Application
12.9.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
12.9.4. Recent Developments and Strategies
12.10. Hexcel Corporation
12.10.1. Company Overview, Business Information, Manufacturing Area
12.10.2. Product Portfolio Analysis
12.10.2.1. Product Details, Specification, Application
12.10.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
12.10.4. Recent Developments and Strategies
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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