Aerospace Coatings, Adhesives, and Sealants Market, Global, 2023‒2030
Aerospace Coatings, Adhesives, and Sealants Solutions are Experiencing Transformational Growth Driven by Digital Innovations and Stringent Regulations Demanding Specialized ProductsAerospace is an important global industry that provides supplies to various segments, such as commercial, defense, and general aviation. Aircraft and related components and products in operation or production necessitate the use of a wide range of highly precise, long-lasting coatings, adhesives, and sealants for various applications on exterior surfaces, structural parts, cabin components, fuel tanks, fuselages, access doors, windows, engine systems, landing gears, and airframes.
This aerospace coatings, adhesives, and sealants (CAS) market analysis delves into end-user industries, including commercial aviation, defense, and general aviation. It assesses industry opportunities across various regions, particularly within emerging economies experiencing growth in the aerospace industry. Major end-user types are original equipment manufacturers (OEMs) and maintenance, repair, and overhaul (MRO) players. Major chemistries involved in formulating coatings are polyurethane (PU) and epoxy, as well as fluoropolymers and polytetrafluoroethylene (PTFE); the chemistries commonly found in adhesives are epoxy, cyanoacrylate, acrylics, and PU. Major chemistries involved in sealant formulation are polysulfides, silicones, and fluoroelastomers. The requirements vary depending on the end application.
Coatings formulations must be UV resistant with durable color retention for exterior applications and corrosion and chemical resistant for structural applications. Adhesives are selected for an application based on multiple requirements such as elasticity, toughness, corrosion resistance, conductivity, adhesion to various substrate types, resistance to fuels and other chemicals, stability under different temperature ranges and pressure conditions, and resistance to humidity. Sealants are selected for an application based on various requirements such as elasticity, toughness, corrosion resistance, conductivity, adhesion to various substrate types, resistance to fuels and other chemicals, stability under different temperature ranges and pressure conditions, and resistance to humidity.
Americas, the largest market for the aerospace sector, boasts huge manufacturing and maintenance bases of leading OEMs. Megatrends such as robust aircraft production to cater to increased commercial and defense aviation demand in developing countries such as China, India, and the Middle East significantly impact the aerospace CAS market.
Aerospace CAS solutions face regulatory pressures that mandate the use of products with lower VOC emissions and eliminate the use of heavy metals. Manufacturers increasingly invest in product development to enhance environmental sustainability and product efficiency. Customers also seek products that are easier to apply, lighter in weight, and regulatory compliant. The study considers the volume and revenue (recorded at the manufacturer level) that aerospace CAS generates from 2019 to 2030.