The global aerospace adhesives and sealants market size is predicted to attain 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
- In 2023, North America led the market, contributing more than 40.24% of the total revenue.
- Among adhesive resins, the epoxy segment held the highest market share in 2023.
- The translation research segment is expected to grow at a notable CAGR between 2024 and 2034.
Dynamics
Market Expansion Drivers
The aerospace adhesives and sealants market is witnessing steady growth due to increasing aircraft deliveries and maintenance activities. The transition toward lightweight, high-strength bonding solutions is further accelerating market demand. Additionally, advancements in adhesive formulations, such as high-temperature-resistant and chemically durable products, are enhancing performance in extreme aerospace environments.
Investment and Growth Potential
Growing investments in defense aviation and commercial aircraft development create ample opportunities for adhesive and sealant manufacturers. The rising use of advanced composites in aircraft production is driving the need for specialized bonding solutions. Moreover, the expansion of space exploration programs and satellite manufacturing is opening new avenues for market growth.
Industry Challenges and Limitations
The aerospace sector faces challenges in ensuring long-term durability and reliability of adhesives in harsh environments. The complex approval processes for new adhesive products can delay market entry. Additionally, fluctuations in raw material costs and supply chain disruptions impact overall market performance.
Regional Market Trends
North America remains the dominant market for aerospace adhesives and sealants, supported by strong defense budgets and technological advancements. Europe is a major hub for aircraft manufacturing, contributing significantly to market growth. The Asia-Pacific region is rapidly expanding, with increasing investments in domestic aircraft production and aviation infrastructure. The Middle East is also emerging as a key market, driven by growing demand for aircraft maintenance services.
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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