Global Aerospace Adhesives & Sealants Market Size study & Forecast, by Adhesive Resin (Epoxy, Polyurethane, Others), by Sealants Resin (Polysulfide, Silicone, Others), by Aircraft (Commercial, Military, Others) and Regional Analysis, 2023-2030

Global Aerospace Adhesives & Sealants Market Size study & Forecast, by Adhesive Resin (Epoxy, Polyurethane, Others), by Sealants Resin (Polysulfide, Silicone, Others), by Aircraft (Commercial, Military, Others) and Regional Analysis, 2023-2030

Global Aerospace Adhesives & Sealants Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% during the forecast period 2023-2030. Aerospace adhesives and sealants are specialized materials designed for use in the aerospace industry to bond and seal components in aircraft, spacecraft, and related applications. These materials play a crucial role in ensuring the structural integrity, safety, and performance of aerospace vehicles. Aerospace adhesives and sealants are formulated to meet the stringent requirements and challenges of the aerospace environment, which includes factors such as extreme temperatures, high altitudes, vibrations, and exposure to various chemicals. The key factors driving the market growth are increasing aircraft production, growing preference for lightweight materials, and expansion of the aerospace industry that is anticipated to create lucrative demand for the market during the forecast period 2023-2030.

Additionally, the expansion of military aircraft production directly drives the demand for aerospace adhesives and sealants. As more military aircraft are manufactured, there is a corresponding increase in the need for high-performance bonding and sealing solutions to ensure structural integrity, durability, and safety. According to Statista, in 2020 the size of global military aircraft and aerospace manufacturing was USD 243 billion and in 2021 the number reached USD 255.76 billion. As a result, the growing military aircraft and aerospace manufacturing is anticipated to support the market growth. Moreover, rising defense spending and growing demand for commercial aircraft are anticipated to create lucrative opportunities for the market. However, the stringent regulatory standards and high cost of advanced materials stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Aerospace Adhesives & Sealants Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the rising demand for lightweight materials, growing emphasis on fuel efficiency, increasing investments in research and development, and presence of key market players. Whereas, the Asia Pacific is expected to grow with the fastest growth rate over the forecast period, owing to factors such as the rising aerospace industry, increasing air passenger traffic, and rise in defense spending.

Major market player included in this report are:
Henkel AG & Co. KGaA
3M Company
PPG Industries, Inc.
Huntsman Corporation
Solvay SA
H.B. Fuller Company
Bostik, Inc.
Hexcel Corporation
DowDuPont Inc.
Master Bond Inc.

Recent Developments in the Market:
 In March 2022, Bostik forged a strategic partnership with DGE, extending its distribution reach across Europe, the Middle East, and Africa. This collaboration encompasses the distribution of Born2Bond engineering adhesives, meticulously crafted for precise 'by-the-dot' bonding applications in key industries, including automotive, electronics, luxury packaging, medical devices, and MRO.

Global Aerospace Adhesives & Sealants Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered – Adhesive Resin, Sealants Resin, Aircraft, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Adhesive Resin:
Epoxy
Polyurethane
Others

By Sealants Resin:
Polysulfide
Silicone
Others

By Aircraft:
Commercial
Military
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
Henkel AG & Co. KGaA
3M Company
PPG Industries, Inc.
Huntsman Corporation
Solvay SA
H.B. Fuller Company
Bostik, Inc.
Hexcel Corporation
DowDuPont Inc.
Master Bond Inc.

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