The global aerospace adhesive market is anticipated to grow at a CAGR of 7.8% during the forecast period. Aircraft adhesives protects an airplane's cabin, exterior, and engine areas. owing to the fact that it puts less strain on bonded connections, aircraft adhesives offers a lot of benefits such as it avoids rusting while enhancing aerodynamics and aesthetics. Further, the primary factor supporting the market growth includes the rapidly rising establishment of new manufacturing facilities of aerospace parts and related products, which is turn will bolster the use of aircraft adhesives. For instance, in October 2022, Tata-Airbus established a new manufacturing facility for developing C295 aircraft in Vadodara. Tata-Airbus produces the C-295 transport aircraft for the Indian Air Force. Along with producing 40 aircraft, this Vadodara plant also produces additional aircraft to satisfy the Air Force's demands and exports.
Browse the full report description of “Aircraft Adhesive Market Size, Share & Trends Analysis Report by Function (Structural, and Non-structural), by Resin (Epoxy, Polyurethane, Silicone, and Others), by Technology (Waterborne, Solvent borne, and Reactive), and by End User (Original Equipment Manufacturer (OEM), and Maintenance Repair and Operations (MROs)) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/aircraft-adhesive-market
For aerospace applications, adhesive or film-based adhesives are commonly used. With substantial bond lines, pastes close any gaps between surfaces, which provides better resistance. Adhesive pastes work effectively on vertical surfaces and are simple to use. They work efficiently for joining metal and composite materials. The global need for aerospace production is responsible for the market's expansion. As tourists continue to use airplanes, manufacturers are concentrating on meeting their short-term as well as long-term requirements. The market organizations are also investing in improved industrial automation to decrease turnaround times for aircraft paints and sealants. For instance, in June 2022, PPG announced that it will boost production in order to continue with the increasing demand for its commercial aircraft aftermarket goods. Furthermore, the company announced to increase its employment by 20% for its manufacturing facilities based in Huntsville, Alabama, Sylmar, and California. This employment increase aims to fulfil the rising demand from both existing as well as budding customers.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o Type
o Distribution Channel
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including Beacon Adhesives, Inc., Bostik Inc. (Arkema Inc.), Dupont De Nemours, Inc., Solvay S.A., and among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Aircraft Adhesives Market Report Segment
By Function
By Resin
By End-User
Global Aircraft Adhesives Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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