by Table of Contents
The global aerospace adhesives and sealants market size is projected to surpass around USD 2.03 billion by 2034 from USD 1.12 billion in 2024 with a notable CAGR of 6.03%.
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Key Points
- North America accounted for over 40.24% of the total revenue share in 2023.
- The epoxy segment dominated the adhesive resin category with the highest market share in 2023.
- The translation research segment is projected to experience significant growth at a remarkable CAGR from 2024 to 2034.
Dynamics
Key Growth Factors
The demand for aerospace adhesives and sealants is primarily fueled by the need for high-performance bonding solutions in aircraft manufacturing. The shift toward composite materials for weight reduction and fuel efficiency is further propelling market expansion. Rising air traffic and fleet modernization programs are also contributing to the growing use of adhesives and sealants in the aerospace sector.
Emerging Opportunities
Advancements in adhesive technologies, such as nanotechnology-enhanced sealants and solvent-free adhesives, offer promising opportunities. The growing trend of additive manufacturing (3D printing) in aerospace applications is also expected to boost demand for specialized adhesives. Increasing collaborations between aerospace manufacturers and adhesive suppliers to develop customized solutions further expand market prospects.
Industry Constraints
One of the major challenges in this market is ensuring compliance with stringent safety and performance standards. The high cost of advanced adhesives and the complexity of application processes create obstacles for widespread adoption. Environmental concerns regarding solvent-based adhesives have led to stricter regulations, prompting the need for sustainable alternatives.
Regional Performance
The United States remains a key player in the aerospace adhesives and sealants market, owing to its well-established aerospace industry and defense sector. Europe is another major contributor, with strong aerospace research and development initiatives. The Asia-Pacific region is experiencing rapid growth, driven by increasing aircraft production and rising demand for low-cost carriers. Latin America and the Middle East are also expanding markets, supported by infrastructure development in aviation
Aerospace Adhesives & Sealants Market Companies
- B. Fuller
- Henkel Corporation
- 3M
- PPG Industries Inc.
- Huntsman International LLC
- Cytec Solvay Group
- Dowdupont
- Bostik
- Lord Corporation (Parker Hannifin Corp)
- Hexcel Corporation
Recent Developments
- In March 2024, Henkel inaugurated a new production facility in California to cater specifically to the aerospace industry. This facility will focus on providing advanced adhesives for commercial and military aircraft, ensuring greater production efficiency and innovation.
- In April of 2024, in line with sustainability trends, H.B. Fuller introduced a new line of environmentally friendly aerospace adhesives. These new adhesives are designed to reduce the carbon footprint of aircraft manufacturing by utilizing ecofriendly materials without compromising on performance.
Segments Covered in the Report
By Technology
- Solvent-based
- Water-based
- Others (Polysulfide, Cyanoacrylate, Structural Acrylics, Methyl Methacrylate, Polyester,etc.)
By Sealants Resin
- Silicone
- Polysulfide
- Others
By Adhesive Resin
- Polyurethane
- Epoxy
- Others
By Aircraft
- Military
- Commercial
- Others
By User Type
- OEM
- MRO
By Regional Outlook
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of the World
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