Adhesives which is normally referred as glues are the substances which have capacity of forming a bond between two surfaces and maintaining the bond very confidently. Whereas, sealants are the substances which are just like the filler materials in the gaps or joints between two materials to prevent the passage of fluids. There is increasing demand for high performance sealants and adhesives systems by aviation industry. They are used in the composites which are employed in interior and exterior applications. In aerospace industry it is mostly valued for their various properties such as creep resistance, tensile strength, durability, elasticity, whether resistance, and others.
|Market||Aviation Adhesives and Sealants Market|
|Analysis Period||2017 - 2028|
|Forecast Data||2021 - 2028|
|Segments Covered||By Technology, By Resin, By Product, By End-User and By Geography|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa|
|Key Companies Profiled||3M; Henkel AG; PPG Industries; Illinois Tool Works; Huntsman International; Bostik; Dow Corning; H.B. Fuller; Hexcel Corporation; Royal Adhesives; and Sealants among others|
||Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis|
|Customization Scope||10 hrs of free customization and expert consultation|
The rising demand for the aviation adhesives and sealants in general, commercial, and military end-use application is growing due to major growth in aircraft building activities to cater to the rising demand for the air travel attached with drop jet fuel prices. Moreover, the increasing research and development activities and various government incentives programs are expected to fuel the production of aircrafts, thus propel the growth of the market.
Market Classification and Overview
The global aviation adhesives and sealants market is segmented into technology, resins, product, end-user, and region.
On the basis of technology, the market is segmented into solvent based and water based.
Based on the resins, the market is segmented into epoxy, silicon, and PU.
Based on the product, the market is segmented into adhesives and sealants.
On the basis of end-user, the market is segmented into general aviation, commercial, military, and others.
Geographically, the global aviation adhesives and sealants market is bifurcated into four regions such as North America, Europe, Asia Pacific (APAC), and Latin America, Middle East & Africa (LAMEA).
Asia Pacific is expected to witness a strong growth during the forecasted period 2018-2026, owing to the early adoption and augmented airplane building activities. The increasing demand for the aviation adhesives and sealant market is likely to boost the growth of the market in this region.
North America is estimated to hold the major share during the forecasted period owing to the presence of huge number of OEMs in this region. Moreover, increasing research and development activities and government support will further propel the growth of the market in this region.
Europe is expected to be the fastest growing region during the forecast period owing to the extensive innovation of technology in this region. Additionally, the LAMEA is expecting the moderate growth due to the less economic condition and poor advancement of technology.
The aviation adhesives and sealants market comprises of some of the major players such as 3M; Henkel AG; PPG Industries; Illinois Tool Works; Huntsman International; Bostik; Dow Corning; H.B. Fuller; Hexcel Corporation; Royal Adhesives; and Sealants among others
Market By Technology
Market By Resin
Market By Product
Market By End-User
Market By Geography