Global Aerospace Adhesives and Sealants Industry valued approximately USD 807.55 million in 2018 is anticipated to grow with a healthy growth rate of more than 4.97% over the forecast period 2019-2026. Rising demand of aerospace adhesives and sealants owing to technological advancements is anticipated to drive the Industry towards high CAGR during the forecast period. Adoption of evolving technologies by usage of silicon and polyurethanes due to heat and pressure resisting properties offered by these materials is likely to drive the Industry demand. Growth of end-user industries is majorly attributing towards rising demand of the adhesives and sealants thereby supplementing growth to global aerospace adhesives and sealants Industry over the forecast period. However, the investments made in airline manufacturing sectors are quite uncertain, especially military and commercial aerospace applications may hinder the Industry growth.
The regional analysis of global aerospace adhesives and sealants Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of Industry share owing to rising demand of aerospace adhesives and sealants in end-user industries. Europe also contributes a satisfactory growth in the global aerospace adhesives and sealants Industry due to growth in airline manufacturing sector. Asia-Pacific is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2019-2026 due to rising demand of air travel in developing countries such as India, China and Japan.
The objective of the study is to define Industry sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Industry. Additionally, the report shall also incorporate available opportunities in micro Industrys for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
Aerospace Adhesives and Sealants Industry Share and Size by 2019-2025
Aerospace Adhesives and Sealants Market Segmentation:
By Resin Type:
By User Type:
Maintenance, Repair & Overhaul
Original Equipment Manufacturer
By End-Use Industry:
By Aircraft Type:
Small Wide Body
Medium Wide Body
Large Wide Body
* North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East & Africa
Major Market Players in Aerospace Adhesives and Sealants Market are as follows:
Illinois Tool Works Inc.