Aerospace Adhesives Market

Aerospace Adhesives Market by Resin Types (Polyurethane, Epoxy, Silicone, and Others), Technology (Solvent-borne, Waterborne, and Reactive), Function Types (Structural and Non-structural), and End-users (Original Equipment Manufacturers (OEMs) and Maintenance Repair & Operations (MRO), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: AD-2772
  • Author: Growth Market Reports
  • Rating: 4.7
  • Total Reviews: 3
  • No. Of Pages: 225
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The global aerospace adhesives market size is expected to register a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the growing penetration of composites in aircraft manufacturing and increasing government expenditure on defense.

Aerospace Adhesives Market

Adhesives are substances applied to at least one surfaces of two separate parts to adhere them together and oppose their partition. Aerospace adhesives is used in interior, exterior, and engine cabinet of the aircraft, which includes the overhead lockers to the handy seat trays and even the interior floor lighting. Physical properties such as high protection from warmth and its broad use in the aeronautic work line is increasing the demand for aerospace adhesives.

Adhesives manufacturers are investing in research and development to create better adhesives with advance technology. Aerospace parts, materials, and engines require high quality adhesives to provide reliable and safe fleet to aerospace line.

Market Trends, Drivers, Restraints, and Opportunities

  • The growth in demand for innovative military aircraft including patrol, transports, and fighters is anticipated to spur the growth of the market.
  • Increasing demand for lightweight and fuel-efficient aerial vehicles is estimated to contribute to the market growth.
  • Rising demand for low-cost carriers and  fire resistance adhesives is anticipated to propel the market growth.
  • Stringent environmental guidelines forced by the government on aerospace adhesives can hinder the growth of the market.
  • Low compatibility of aerospace adhesives in low temperature environment can create challenges for the market growth.
  • Usage of combined carbon nanotubes and nano additives with epoxy adhesives can create lucrative opportunities during the forecast period.

Scope of the Report

The report on the global aerospace adhesives market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Aerospace Adhesives Planning Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Resin Types (Polyurethane, Epoxy, Silicone, and Others), Technology (Solvent-borne, Waterborne, and Reactive), Function types (Structural and Non-Structural), and End-users (Original Equipment Manufacturers (OEMs) and Maintenance Repair & Operations (MRO))

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Cytec Solvay Group; Hexcel Corporation; Henkel Adhesives Technologies; 3M; and Huntsman International LLC

Aerospace Adhesives Market Segment Insights

Epoxy segment to expand at a robust CAGR

On the basis of resin types, the aerospace adhesives market is segregated into polyurethane, epoxy, silicone, and others. The epoxy segment is projected to expand at a considerable CAGR during the forecast period. Epoxy exhibits properties such as chemical resistance and high adhesion. It provides protection against corrosive environments and it has liquid reactive polymer. Such characteristics are anticipated to increase the demand for epoxy adhesives in military, aviation, and commercial sectors.

Aerospace Adhesives Market

Waterborne segment to grow at a rapid pace

Based on technology, the market is segregated into solvent-borne, waterborne, and reactive. The waterborne segment is estimated to grow at a rapid pace due its environmentally friendly nature. Additionally, it contains high-water content and retains low toxicity that marks its increased acceptance as a less combustible technology. This type of adhesive suffices the expanding interest for lightweight, environmentally friendly, and proficient airplane, which drives the development of water-solvent cement in the aviation glues market.

Structural segment is projected to account for a significant market share

In terms of functional types, the market is bifurcated as structural and non-structural. The structural segment is projected to account for a significant market share during the forecast period. Structural adhesives are essential for aerospace bonding applications in both interior and airframes for both composite-to-metal and composites bonds only. Adhesives likewise work extraordinarily in specific applications as shims and surfacing films are utilized for lightning strike protection.

Aerospace Adhesives Market

Original equipment manufacturers (OEMs) segment is anticipated to constitute a key market share

Based on end-users, the market is classified as original equipment manufacturers (OEMs) and maintenance repair & operations (MRO). The original equipment manufacturers (OEMs) is expected to constitute a key share of the market during the forecast period. Rising aerospace business worldwide is projected to drive the growth for aerospace adhesive manufacturers. Adhesives are used in various places such as displays, seats, cockpit doors, lights, AC, fasteners, and electronics.

The market of North America is anticipated to exhibit a high CAGR

On the basis of regions, the market is segregated into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the forecast period. Expanded spotlight on reinforcing the military by the US government is driving the development of the aerospace adhesives market. The thriving manufacturing of commercial and passenger aircrafts along with the rising exports of aircraft parts are anticipated to increase the demand for aerospace adhesives in the region.

Aerospace Adhesives Market

Segments

Segments Covered in the Report

The global aerospace adhesives market is segmented on the basis of:

Resin Types

  • Polyurethane
  • Epoxy
  • Silicone
  • Others

Technology

  • Solvent-borne
  • Waterborne
  • Reactive

Function Types

  • Structural
  • Non-Structural

End-users

  • Original Equipment Manufacturers (OEMs)
  • Maintenance Repair & Operations (MRO)

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Cytec Solvay Group
  • Hexcel Corporation
  • Henkel Adhesives Technologies
  • 3M
  • Huntsman International LLC

Competitive Landscape

The key players competing in the aerospace adhesives market are Cytec Solvay Group; Hexcel Corporation; Henkel Adhesives Technologies; 3M; and Huntsman International LLC.

Aerospace Adhesives Market

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Aerospace Adhesives Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Aerospace Adhesives Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Aerospace Adhesives Market - Supply Chain
  4.5. Global Aerospace Adhesives Market Forecast
     4.5.1. Aerospace Adhesives Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Aerospace Adhesives Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Aerospace Adhesives Market Absolute $ Opportunity
5. Global Aerospace Adhesives Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Aerospace Adhesives Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Aerospace Adhesives Demand Share Forecast, 2019-2026
6. North America Aerospace Adhesives Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Aerospace Adhesives Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Aerospace Adhesives Demand Share Forecast, 2019-2026
7. Latin America Aerospace Adhesives Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Aerospace Adhesives Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Aerospace Adhesives Demand Share Forecast, 2019-2026
8. Europe Aerospace Adhesives Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Aerospace Adhesives Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Aerospace Adhesives Demand Share Forecast, 2019-2026
9. Asia Pacific Aerospace Adhesives Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Aerospace Adhesives Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Aerospace Adhesives Demand Share Forecast, 2019-2026
10. Middle East & Africa Aerospace Adhesives Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Aerospace Adhesives Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Aerospace Adhesives Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Aerospace Adhesives Market: Market Share Analysis
  11.2. Aerospace Adhesives Distributors and Customers
  11.3. Aerospace Adhesives Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Segments Covered in the Report

The global aerospace adhesives market is segmented on the basis of:

Resin Types

  • Polyurethane
  • Epoxy
  • Silicone
  • Others

Technology

  • Solvent-borne
  • Waterborne
  • Reactive

Function Types

  • Structural
  • Non-Structural

End-users

  • Original Equipment Manufacturers (OEMs)
  • Maintenance Repair & Operations (MRO)

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Cytec Solvay Group
  • Hexcel Corporation
  • Henkel Adhesives Technologies
  • 3M
  • Huntsman International LLC

The key players competing in the aerospace adhesives market are Cytec Solvay Group; Hexcel Corporation; Henkel Adhesives Technologies; 3M; and Huntsman International LLC.

Aerospace Adhesives Market

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