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Report
Aerospace Adhesives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-07-05 I 147 Pages I IMARC Group
Market Overview:
The global aerospace adhesives market size reached US$ 656.9 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 903.2 Million by 2028, exhibiting a growth rate (CAGR) of 5% during 2023-2028.
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:
IMARC Group 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 2023-2028. Our report has categorized the market based on resin type, technology, function type and end use.
Breakup by Resin Type:
Epoxy
Polyurethane
Silicone
Others
Breakup by Technology:
Waterborne
Solvent-Borne
Reactive
Breakup by Function Type:
Structural
Non-Structural
Breakup by End Use:
Original Equipment Manufacturer (OEM)
Maintenance Repair and Operations (MRO)
Breakup by Region:
North America
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
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?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Aerospace Adhesives Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Resin Type
6.1 Epoxy
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Polyurethane
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Silicone
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Technology
7.1 Waterborne
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Solvent-Borne
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Reactive
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Function Type
8.1 Structural
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Non-Structural
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by End Use
9.1 Original Equipment Manufacturer (OEM)
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Maintenance Repair and Operations (MRO)
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 3M Company
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.2 Adhetec
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Arkema S.A.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 H.B. Fuller Company
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Henkel AG & Co. KGaA
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Hexcel Corporation
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Huntsman Corporation
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 Hybond Technology Group Limited
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Hylomar Ltd.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Illinois Tool Works Inc
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 L&L Products
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.12 Permabond LLC
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.13 PPG Industries Inc.
15.3.13.1 Company Overview
15.3.13.2 Product Portfolio
15.3.13.3 Financials
15.3.13.4 SWOT Analysis
Figure 1: Global: Aerospace Adhesives Market: Major Drivers and Challenges
Figure 2: Global: Aerospace Adhesives Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: Global: Aerospace Adhesives Market: Breakup by Resin Type (in %), 2022
Figure 5: Global: Aerospace Adhesives Market: Breakup by Technology (in %), 2022
Figure 6: Global: Aerospace Adhesives Market: Breakup by Function Type (in %), 2022
Figure 7: Global: Aerospace Adhesives Market: Breakup by End Use (in %), 2022
Figure 8: Global: Aerospace Adhesives Market: Breakup by Region (in %), 2022
Figure 9: Global: Aerospace Adhesives (Epoxy) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Aerospace Adhesives (Epoxy) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Aerospace Adhesives (Polyurethane) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Aerospace Adhesives (Polyurethane) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Aerospace Adhesives (Silicone) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Aerospace Adhesives (Silicone) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Aerospace Adhesives (Other Resin Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Aerospace Adhesives (Other Resin Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Aerospace Adhesives (Waterborne) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Aerospace Adhesives (Waterborne) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Aerospace Adhesives (Solvent-Borne) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Aerospace Adhesives (Solvent-Borne) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Aerospace Adhesives (Reactive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Aerospace Adhesives (Reactive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Aerospace Adhesives (Structural) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Aerospace Adhesives (Structural) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Aerospace Adhesives (Non-Structural) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Aerospace Adhesives (Non-Structural) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Aerospace Adhesives (Original Equipment Manufacturer (OEM)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Aerospace Adhesives (Original Equipment Manufacturer (OEM)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Aerospace Adhesives (Maintenance Repair and Operations (MRO)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Aerospace Adhesives (Maintenance Repair and Operations (MRO)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: North America: Aerospace Adhesives Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: North America: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: United States: Aerospace Adhesives Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: United States: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Canada: Aerospace Adhesives Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Canada: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Asia-Pacific: Aerospace Adhesives Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Asia-Pacific: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: China: Aerospace Adhesives Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: China: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Japan: Aerospace Adhesives Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Japan: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: India: Aerospace Adhesives Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: India: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: South Korea: Aerospace Adhesives Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: South Korea: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Australia: Aerospace Adhesives Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Australia: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Indonesia: Aerospace Adhesives Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Indonesia: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Others: Aerospace Adhesives Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Others: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Europe: Aerospace Adhesives Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Europe: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Germany: Aerospace Adhesives Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Germany: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: France: Aerospace Adhesives Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: France: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: United Kingdom: Aerospace Adhesives Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: United Kingdom: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Italy: Aerospace Adhesives Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Italy: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Spain: Aerospace Adhesives Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Spain: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Russia: Aerospace Adhesives Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Russia: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Others: Aerospace Adhesives Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Others: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Latin America: Aerospace Adhesives Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Latin America: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Brazil: Aerospace Adhesives Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Brazil: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Mexico: Aerospace Adhesives Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Mexico: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Others: Aerospace Adhesives Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Others: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Middle East and Africa: Aerospace Adhesives Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Middle East and Africa: Aerospace Adhesives Market: Breakup by Country (in %), 2022
Figure 79: Middle East and Africa: Aerospace Adhesives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Global: Aerospace Adhesives Industry: SWOT Analysis
Figure 81: Global: Aerospace Adhesives Industry: Value Chain Analysis
Figure 82: Global: Aerospace Adhesives Industry: Porter's Five Forces Analysis
Table 1: Global: Aerospace Adhesives Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Aerospace Adhesives Market Forecast: Breakup by Resin Type (in Million US$), 2023-2028
Table 3: Global: Aerospace Adhesives Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 4: Global: Aerospace Adhesives Market Forecast: Breakup by Function Type (in Million US$), 2023-2028
Table 5: Global: Aerospace Adhesives Market Forecast: Breakup by End Use (in Million US$), 2023-2028
Table 6: Global: Aerospace Adhesives Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Aerospace Adhesives Market: Competitive Structure
Table 8: Global: Aerospace Adhesives Market: Key Players
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