IMARC Group’s latest research report, titled “Aerospace Adhesives Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
he global aerospace adhesives market reached a value of US$ 617.39 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 859.06 Million by 2027, exhibiting a CAGR of 5.22% during 2022-2027.
Aerospace adhesives represent the substances that are used for structural sealant purposes in the interior, exterior, engine compartment, and other components of aircraft, including transducer seals, fuel assemblies, electronic assemblies, metal and fiber composites, antennas, optical sensors, etc. They provide several benefits, such as resistance to cyclic fatigue, superior durability and toughness, exceptional compressive strength, high glass transition temperature, etc. In addition to this, these adhesives protect against corrosion, enhance aerodynamics, deliver smooth contours, save time, lower weight, minimize costs, etc. Presently, some of the commonly utilized substrates for aerospace adhesive bonding are aluminum, wood, titanium, stainless steel, and composite materials, including fiber-reinforced plastic (FRP) laminates, bonded sandwich structures, fiber metal laminates (FML), etc.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by resin type, technology, function type, end use and region.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Aerospace Adhesives Market
- Strategies of major players and product offerings
The inflating need for improving the performance of aircraft structures to ensure safe and reliable air travel is primarily driving the aerospace adhesives market. Additionally, the growing investments by government bodies across the countries in the modernization of military aircraft are propelling the demand for customized aerospace adhesives with exceptional characteristics. This, in turn, is catalyzing the market growth. Moreover, the shifting consumer preferences from mechanical fasteners, including bolts and screws, towards aerospace adhesives to maintain structural integrity and achieve specific aesthetic design or functional benefits are also acting as significant growth-inducing factors. Apart from this, numerous leading manufacturers are introducing innovative grades of product variants that offer excellent flexibility as well as strength to advanced composites and coatings, which is anticipated to fuel the aerospace adhesives market over the forecasted period.
Key Players Included in Global Research Report:
- 3M Company
- Arkema S.A.
- H.B. Fuller Company
- Henkel AG & Co. KGaA
- Hexcel Corporation
- Huntsman Corporation
- Hybond Technology Group Limited
- Hylomar Ltd.
- Illinois Tool Works Inc
- L&L Products
- Permabond LLC
- PPG Industries Inc.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Breakup by Resin Type:
Breakup by Technology:
Breakup by Function Type:
Breakup by End Use:
- Original Equipment Manufacturer (OEM)
- Maintenance Repair and Operations (MRO)
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
TOC for the Aerospace Adhesives Market Research Report:
- Scope and Methodology
- Executive Summary
- Global Aerospace Adhesives Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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