The global aerospace adhesives market size reached US$ 689.8 Million in 2023. Looking forward, the market is expected to reach US$ 1.03 billion by 2032, exhibiting a growth rate (CAGR) of 4.6% during 2023-2032.
Aerospace adhesives are used for structural sealant purposes in the interior, exterior, engine compartment, and other components of aircraft, such as transducer seals, fuel assemblies, electronic assemblies, metal and fiber composites, antennas, optical fibers, and sensors. These adhesives provide high bond strength, resistance to cyclic fatigue, excellent peel strength, superior durability and toughness, exceptional compressive strength, and high glass transition temperatures. They also improve the distribution of stresses over bonded joints, protect against corrosion, enhance aerodynamics, deliver smooth contours, save time, lower weight, and decrease costs. Presently, the most common substrates for aerospace adhesive bonding are wood, aluminum, titanium, stainless steel, and composite materials, such as bonded sandwich structures, fiber-reinforced plastic (FRP) laminates, and fiber metal laminates (FML).
Polyurethane
Silicone
Others
Solvent-Borne
Reactive
Non-Structural
Maintenance Repair and Operations (MRO)
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
What has been the impact of COVID-19 on the global aerospace adhesives market?
What are the key regional markets?
What is the breakup of the market based on the resin type?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the function type?
What is the breakup of the market based on the end use?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global aerospace adhesives market and who are the key players?
What is the degree of competition in the industry?
Aerospace adhesives are used for structural sealant purposes in the interior, exterior, engine compartment, and other components of aircraft, such as transducer seals, fuel assemblies, electronic assemblies, metal and fiber composites, antennas, optical fibers, and sensors. These adhesives provide high bond strength, resistance to cyclic fatigue, excellent peel strength, superior durability and toughness, exceptional compressive strength, and high glass transition temperatures. They also improve the distribution of stresses over bonded joints, protect against corrosion, enhance aerodynamics, deliver smooth contours, save time, lower weight, and decrease costs. Presently, the most common substrates for aerospace adhesive bonding are wood, aluminum, titanium, stainless steel, and composite materials, such as bonded sandwich structures, fiber-reinforced plastic (FRP) laminates, and fiber metal laminates (FML).
Aerospace Adhesives Market Trends:
The increasing air passenger traffic worldwide, along with the rising focus on improving the performance of aircraft structures to ensure safe and reliable air travel, represents one of the key factors bolstering the market growth. Apart from this, increasing government spending on the modernization of military aircraft is driving the need for customized aerospace adhesives with exceptional characteristics. Besides this, aerospace adhesives are widely preferred over mechanical fasteners like bolts or screws to maintain structural integrity and weight factors and achieve certain aesthetic design or functional benefits. Moreover, manufacturers are offering innovative grades of aerospace adhesives that exhibit impact and micro-crack resistance, withstand numerous chemicals, and help sustain performance in extreme operating environments. These adhesives also have outstanding resistance to aviation gasoline, jet fuel, and petroleum products and offer excellent flexibility and strength to advanced composites and coatings. Such innovations are anticipated to provide a positive thrust to the market.Key Market Segmentation:
The report provides an analysis of the key trends in each sub-segment of the global aerospace adhesives market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on resin type, technology, function type and end use.Breakup by Resin Type:
EpoxyPolyurethane
Silicone
Others
Breakup by Technology:
WaterborneSolvent-Borne
Reactive
Breakup by Function Type:
StructuralNon-Structural
Breakup by End Use:
Original Equipment Manufacturer (OEM)Maintenance Repair and Operations (MRO)
Breakup by Region:
North AmericaUnited States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, Adhetec, Arkema S.A., H.B. Fuller Company, Henkel AG & Co. KGaA, Hexcel Corporation, Huntsman Corporation, Hybond Technology Group Limited, Hylomar Ltd., Illinois Tool Works Inc, L&L Products, Permabond LLC and PPG Industries Inc.Key Questions Answered in This Report:
How has the global aerospace adhesives market performed so far and how will it perform in the coming years?What has been the impact of COVID-19 on the global aerospace adhesives market?
What are the key regional markets?
What is the breakup of the market based on the resin type?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the function type?
What is the breakup of the market based on the end use?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global aerospace adhesives market and who are the key players?
What is the degree of competition in the industry?
Table of Contents
1 Preface3 Executive Summary12 Value Chain Analysis14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Aerospace Adhesives Market
6 Market Breakup by Resin Type
7 Market Breakup by Technology
8 Market Breakup by Function Type
9 Market Breakup by End Use
10 Market Breakup by Region
11 SWOT Analysis
13 Porters Five Forces Analysis
15 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 3M Company
- Adhetec
- Arkema S.A.
- H.B. Fuller Company
- Henkel AG & Co. KGaA
- Hexcel Corporation
- Huntsman Corporation
- Hybond Technology Group Limited
- Hylomar Ltd.
- Illinois Tool Works Inc
- L&L Products
- Permabond LLC
- PPG Industries Inc.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 142 |
Published | July 2024 |
Forecast Period | 2023 - 2032 |
Estimated Market Value ( USD | $ 689.8 Million |
Forecasted Market Value ( USD | $ 1034.8 Million |
Compound Annual Growth Rate | 4.6% |
Regions Covered | Global |
No. of Companies Mentioned | 13 |