Aerospace Adhesive - Sealants Market– Industry Trends and Forecast to 2025
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Aerospace Adhesive - Sealants Market Size, Status and Forecast 2025
- Aerospace Adhesive - Sealants Market Overview
- Aerospace Adhesive - Sealants Market Manufacturers Profiles
- Aerospace Adhesive - Sealants Market Sales, Revenue, Market Share and Competition by Manufacturer
- Aerospace Adhesive - Sealants Market Analysis by Regions
- Aerospace Adhesive - Sealants Market by Countries
- Aerospace Adhesive - Sealants Market Segment by Type
- Aerospace Adhesive - Sealants Market Segment by Application
- Aerospace Adhesive - Sealants MarketForecast
- Sales Channel, Distributors, Traders and Dealers
- Research Findings and Conclusion
- Appendixes
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Market Definition: Aerospace Adhesive & Sealants Market
Aerospace adhesive are the substances which are capable of holding materials together in a proper manner when attached to the surface which can resists separation. Aerospace adhesives and sealants are not same as regular adhesives and sealants as they are exposed to high temperature and pressure. In this industry, mainly resins such as polyurethane, silicon and polymers are used for better performance. Aircraft components like pipes, fixtures, panels are blended with volatile organic compounds and applied. In the aerospace adhesives and sealants market, solvent based and water based technologies are mainly used out of which manufactures prefers solvent borne technology more. Due to environmentally friendly nature, water borne technology is witnessing higher growth. Lots of research and development are done by manufactures in order to provide less volatile organic compounds in aerospace adhesives. According to Embraer reports, total 226 airbus aircrafts were delivered out of which 108 were commercial and 118 were corporate jets. It was expected that commercial aerospace would increase its operating earnings to a growth of 21%. There would be a rise in defense subsectors by 7.5% and revenue growth by 3.5% in 2017 as well. U.S. Aerospace industry accumulated a revenue of about USD 0.5 trillion in U.S. Nearly USD 98.5 billion and USD 70 billion revenues were generated by two largest manufactures of Boeing and Airbus. Thus, these factors lead to the increase in the growth of this market
Market Drivers:
- Growing demand of composites in aircraft industry
- Increasing life span of aircraft increases revenue
- Demand for ultra-light and compact aircraft for military operations
Market Restraints:
- Carbon emissions due to increasing number of commercial flights
- Regulations imposed by several governments around the world that keep a check on voc emissions is limiting the number of commercial flights
Segmentation: Aerospace Adhesive & Sealants Market
By Type
- Adhesive
- Sealants
By Resin type
- Epoxy
- Silicone
- PU
- Others
By Technology
- Water-based
- Solvent-based
- Others
By End-user Industry
- Commercial
- Military
- General Aviation
User Type
- OEM
- MRO
By Aircraft Type
- Single Aisle
- Small Wide Body
- Medium Wide Body
- Large Wide Body
- Regional Jets
By Geography
- Asia Pacific
- China
- South Korea
- Japan
- India
- Australia
- Singapore
- Thailand
- Indonesia
- Malaysia
- Philippines
- Rest of Asia-Pacific
- North America
- US
- Canada
- Mexico
- Europe
- Russia
- Turkey
- Belgium
- Netherlands
- Switzerland
- Spain
- France
- Germany
- Italy
- UK
- Rest of Europe
- South America
- Brazil
- Rest of south America
- Middle East & Africa
- Saudi Africa
- Rest of MEA
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Competitive Landscape: Aerospace Adhesive & Sealants Market
The aerospace adhesive & sealants market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of aerospace adhesive & sealants market for , Europe, North America, Asia Pacific, South America and Middle East & Africa.
3M announced its completed sales of all of its communicated markets division which was approximately $870 million.
Key Market Competitors: Aerospace Adhesive & Sealants Market
The key players operating in the aerospace adhesive & sealants market are –
- 3M
- Henkel AG & Co. KGaA
- PPG Industries, Inc.
- Illinois Tool Works Inc.
- Cytec Solvay Group
The other players in the market are Huntsman International LLC., Bostik (Arkema S.A.), DOW Corning Corporation, H.B. Fuller, Hexcel Corporation, Royal Adhesives & Sealants, Master Bond Inc., 13 Beacon Adhesives, Inc., Avery Dennison Corporation, Delo, Permabond LLC., Hernon Manufacturing Inc., United Resin Corporation, Dymax Corporation, Lord Corporation, Hybond, Parson Adhesives Inc., Hylomar Limited, Quin , L&L Products
Research Methodology: Aerospace Adhesive & Sealants Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Historical and current market size and projection up to 2025
- Market trends impacting the growth of the aerospace adhesive & sealants market
- Analyze and forecast the aerospace adhesive & sealants market on the basis of type, resin type, technology type, user type, end user industry, aircraft type.
- Trends of key regional and country-level markets for type, resin type, technology type, user type, end user industry, aircraft type.
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
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