Aerospace Adhesives & Sealants Market based on By Product Type, By Resin Type, By End-Use Application, Regional Outlook– Global Forecast up to 2030

Aerospace Adhesives & Sealants Market based on By Product Type, By Resin Type, By End-Use Application, Regional Outlook– Global Forecast up to 2030

To determine the current size of the aerospace adhesives and sealants market, the study consists of four main actions. In-depth secondary research was conducted to gather data on the parent, peer, and market markets. The following stage involved conducting primary research to confirm these conclusions, hypotheses, and sizing with industry experts throughout the value chain. A combination of top-down and bottom-up methods was used to assess the overall market size. The market size of the segments and subsegments was then estimated using the market breakdown and data triangulation techniques.

A number of parties are involved in the aircraft adhesives and sealants business, including suppliers of raw materials, processors, end users, and regulatory bodies. The OEM and MRO usage patterns in the commercial, military, and general aviation end-use industries define the demand side of this industry. Diverse uses and technological improvements define the supply side. In order to gather both qualitative and quantitative data, a variety of primary sources from the supply and demand sides of the market were interviewed.

To find and gather data for this study, a variety of secondary sources, including Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet, were consulted during the secondary research process. In addition, white papers, certified publications, essays by renowned authors, annual reports, investor presentations, press releases, websites of food safety organizations, regulatory agencies, trade directories, databases, and gold and silver standard publications are examples of secondary sources.

The segmentation coverage of the study is provided below.

Aerospace Adhesives & Sealants Market based on Type:

• Adhesive
• Sealants

Aerospace Adhesives & Sealants Market based on End use application:

• Commercial aviation
• Military & defense
• General aviation

Aerospace Adhesives & Sealants Market based on Geography:

• North America
• US
• Canada
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Rest of Europe (RoE)
• Asia Pacific (APAC)
• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia Pacific (RoAPAC)
• Latin America (LATAM)
• Brazil
• Argentina
• Rest of South America
• Middle East and Africa (MEA)
• UAE
• Turkey
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

The aviation industry is expected to experience significant expansion in passenger numbers, which is expected to drive demand for sealants and adhesive materials. The aircraft industry uses sealants and adhesives in a variety of ways. Thread-lockers, hydraulic thread systems, and retention compounds are examples of interior applications in airplanes. Nonetheless, panels, door moldings, and wing spars of an aircraft all require the external application of adhesives and sealants.

The growing use of composite materials is driving up demand for adhesives and sealants. Applications such as primary and secondary assembly in airplanes are projected to present market suppliers with enticing growth prospects. The other most promising segment of the aerospace adhesives and sealants market is the necessity for customization in accordance with manufacturer specifications. According to the specifications in aerospace applications, producers of adhesives and sealants can alter the viscosity, toughness, quicker cure time, and longer work time of materials.

A notable increase in investment, especially in R&D and new product development, is another important element that is anticipated to drive product demand in the long run. The major goals of market players in the worldwide aerospace adhesives and sealants industry are to improve the dependability of innovative multifunctional surfacing, bonded composite structures, and lightning protection technologies. Therefore, in the upcoming years, the adhesives and sealants market in the aerospace industry is expected to have significant expansion due to the aforementioned factors.

In the global aircraft adhesive & sealants market, epoxy dominated the adhesive resins sector and held a value share of more than 48% in 2022. Products based on epoxy are often employed in carbon composite substrates such as sandwich panels, big wingskins, and composite ribs. In addition, it has a lower elongation to fracture, a higher compressive strength, and a higher coefficient of thermal expansion. The aforementioned characteristics and their potential uses are expected to foster the market's expansion in the next years.

With a 52% share of the global aerospace adhesives and sealants market, or more than half of the overall market volume, in 2022, the commercial aircraft segment led the industry. The segment has grown significantly, mostly as a result of growing passenger demand and indirect need for new commercial aircraft. For example, the combined order for the new commercial aircrafts from Airbus and Boing is approximately nine thousand. Furthermore, between 2000 and 2019, there was a 2.4-fold increase in passenger traffic. According to Airbus's most recent assessment, passenger traffic is expected to increase over the next fifteen years.

Aerospace industries are primarily focused on increasing fuel efficiency in order to comply with strict environmental laws, aside from passenger traffic. Airbus conducted a study that found that between 2008 and 2018, there was an average annual gain in fuel efficiency of more than 2.0%. Companies in the aviation sector are expected to replace their outdated, fuel-inefficient aircraft with new, lightweight models in order to comply with these fuel efficiency standards.

Additionally, the market for aerospace adhesives and sealants is expected to rise due to the surge in demand for modern, cutting-edge military aircraft, such as transports, fighters, and patrol aircraft. The second most promising driver driving the aircraft adhesives and sealants market is an increase in defense spending, especially in the main nations like the United States, India, and China.

• This report illustrates the most vital attributes of the Aerospace Adhesives & Sealants Market, which are driving and providing opportunities.
• This research gives an in-depth analysis of the Aerospace Adhesives & Sealants Market growth on the basis of several segments in the market.
• This report presents the predictions of the past and present trends of the Aerospace Adhesives & Sealants Market.
• This study also presents the competitive analysis, such as key strategies and capabilities of major players of the Aerospace Adhesives & Sealants Market.