Aerospace Tape Market Report: Trends, Forecast and Competitive Analysis to 2030

Aerospace Tape Market Report: Trends, Forecast and Competitive Analysis to 2030

Aerospace Tape Trends and Forecast

The future of the global aerospace tape market looks promising with opportunities in the commercial aviation, military aviation, and general aviation markets. The global aerospace tape market is expected to reach an estimated $2.7 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are rising need for lightweight and fuel-efficient aircrafts, growing demand for passenger aircraft in developing regions, and increasing demand for renewal and upgradation of aircrafts.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Aerospace Tape by Segment

The study includes a forecast for the global aerospace tape by resin type, backing material, end use, and region.

Aerospace Tape Market by Resin Type [Shipment Analysis by Value from 2018 to 2030]:

• Acrylic
• Rubber
• Silicone
• Others

Aerospace Tape Market by Backing Material [Shipment Analysis by Value from 2018 to 2030]:

• Paper/Tissue
• Film
• Foam
• Others

Aerospace Tape Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Commercial Aviation
• Military Aviation
• General Aviation

Aerospace Tape Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Aerospace Tape Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aerospace tape companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aerospace tape companies profiled in this report include-

• 3M
• Nitto Denko
• Avery Dennison
• Tesa
• Scapa
• Intertape Polymer
• Compagnie de Saint-Gobain
• Berry Global
• Advance Tapes
• Stokvis Tapes

Aerospace Tape Market Insights

Lucintel forecasts that acrylic will remain the largest segment over the forecast period due to its superior strength, durability, and resistance to harsh conditions common in aircraft.

Within this market, commercial aviation is expected to witness the highest growth over the forecast period.

North America will remain the largest region over the forecast period due to existence of the key manufacturers and distribution systems in the region.

Features of the Global Aerospace Tape Market

Market Size Estimates: Aerospace tape market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Aerospace tape market size by resin type, backing material, end use, and region in terms of value ($B).

Regional Analysis: Aerospace tape market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different resin types, backing materials, end uses, and regions for the aerospace tape market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the aerospace tape market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the aerospace tape market size?

Answer: The global aerospace tape market is expected to reach an estimated $2.7 billion by 2030.

Q2. What is the growth forecast for aerospace tape market?

Answer: The global aerospace tape market is expected to grow with a CAGR of 5.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the aerospace tape market?

Answer: The major drivers for this market are rising need for lightweight and fuel-efficient aircrafts, growing demand for passenger aircraft in developing regions, and increasing demand for renewal and upgradation of aircrafts.

Q4. What are the major segments for aerospace tape market?

Answer: The future of the aerospace tape market looks promising with opportunities in the commercial aviation, military aviation, and general aviation markets.

Q5. Who are the key aerospace tape market companies?

Answer: Some of the key aerospace tape companies are as follows:

• 3M
• Nitto Denko
• Avery Dennison
• Tesa
• Scapa
• Intertape Polymer
• Compagnie de Saint-Gobain
• Berry Global
• Advance Tapes
• Stokvis Tapes

Q6. Which aerospace tape market segment will be the largest in future?

Answer: Lucintel forecasts that acrylic will remain the largest segment over the forecast period due to its superior strength, durability, and resistance to harsh conditions common in aircraft.

Q7. In aerospace tape market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to existence of the key manufacturers and distribution systems in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the aerospace tape market by resin type (acrylic, rubber, silicone, and others), backing material (paper/tissue, film, foam, and others), end use (commercial aviation, military aviation, and general aviation), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?