Global Aviation Adhesives and Sealants Market by Resin (Epoxy, Silicon, PU), by Technology (Water Based, Solvent Based) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Industry Insights

Global aviation adhesives market was worth USD 685.8 millions in 2016. It is expected to grow at a CAGR exceeding 6.2% during the forecast period. The market will be driven by technological advancements and increasing aircraft demand. The market will be driven by changing customer preferences and trends, as well as growing research-and-development activities.

The growing demand for aviation adhesives is expected to see substantial growth due to new technology, including the use silicon and polyurethanes. This material's heat and pressure-bearing attributes will also help to drive the market. These new technologies are expected to be increasingly popular due to their distinct advantages. This will drive market demand during the forecast period. The industry is likely to see positive changes in the future due to rising demand for air travel across North America, Europe and Asia Pacific.

Market growth is likely to be slowed by uncertainty in investment in the aviation manufacturing sector, particularly for commercial and military aviation applications.

Technology Insights

The market can be divided into two types of technology: solvent-based and water based. The availability of raw materials to manufacture water-based adhesives is a major factor driving segment growth. Water-based solvents are gaining popularity as they are suitable for both porous and non-porous substrates. They are also widely used in many sectors.

In 2016, the segment of solvent-based technology was worth USD 226.1 million. Due to its strong initial bond strength, which is dependent on the product's polymer formulation, this segment will be the fastest-growing in the future.

Resin Insights

The segment dominated the global market in 2016. This was due to its superior mechanical properties, strong anticorrosion attributes and long-lasting resistance to thermal stress. These characteristics have greatly contributed to the increase in use of epoxy resins for the manufacture of aviation adhesives.

The growing adoption of silicon resin in the aviation manufacturing industry is expected to drive 7.0% growth by 2025. Silicon resins are more durable than silicone rubber coatings. This gives silicon adhesives or sealants a longer shelf-life and stronger glaze than other options on the market. In 2016, the segment of polyurethane resins was worth USD 187.6 millions. They are impervious to oils and chemicals, making them almost impossible to use as adhesives or sealants for aircraft. Resins are resistant to abrasion and won't easily break away.

Product Insights

The market can be divided into two product segments: adhesives and sealants. The market was dominated by sealants in 2016, and this trend will likely continue for the forecast period. The segment is expected to generate USD 696.1 millions in revenue by 2025. Due to the increase in aircraft production, adhesives will see a 5.8% CAGR over the forecast period.

Sealants have a greater elongation than adhesives but a lower resistance to corrosion. Sealants must be able to withstand physical stress and have the right elongation. Most sealants contain an inert filler material. They are then formulated using elastomer to attain the desired elongation or flexibility.

End-use Insights

In 2016, general aviation was the fastest growing end-use sector. It is predicted to grow 6.5% over the forecast period. The demand for general and commercial aviation has increased due to rising per capita incomes and consumers' willingness to spend money on it.

In 2016, commercial aviation was the most valuable end-use application, with a value of more than USD 270.5 million. Due to a drop in oil prices, jet fuel prices have decreased which has resulted in lower fuel costs. It has also contributed significantly to the bottom-line of air travel operators. By 2025, the military aviation sector is expected to be worth USD 390.1 millions. Market growth will be slow due to uncertainty in the military spending of countries like France and the U.S.

Regional Insights

Due to technological advances and increased demand from the military aviation sector, the U.S. market accounted in 2016 for 77.8% North American revenue. Industry growth is expected to be boosted by the increasing use of solvent-based products within defense and commercial aircraft manufacturing industries over the forecast period.

In 2016, the demand for adhesives and sealants for aviation was worth USD 253.3 million. This growth can be attributed primarily to the increased demand from Chinese aircraft manufacturers. The largest market for the future is expected to be Asia Pacific. The market growth in Europe is expected to be positive due to changing consumer preferences and government support via incentives and financial aids.

Competitive Insights

3M, Henkel AG, PPG Industries; Illinois Tool Works. Huntsman International. Bostik. Dow Corning. H.B. Fuller, Hexcel Corporation, Royal Adhesives and Sealants are just a few of the key players in this market.

Manufacturers of aviation adhesives and sealants are increasingly focused on creating innovative products that can be used at low prices and incorporate technological advances. These innovations are expected to increase the market share by 2025. To improve product quality, large-scale investments are being made by companies in research and development.

The Report Covers Certain Segments

This report predicts revenue growth at the global, regional and country level and offers analysis of the most recent trends and opportunities in each sub-segment from 2014 through 2025. Up Market Research has divided the market for aviation adhesives and sealants on the basis technology, resin, product and end use.

• Technology Outlook (Volume of Kilotons; Revenues, USD Million; 2014-2025)

  • Solvent-based

  • Water-based

• Resin Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

  • Epoxy

  • Silicon

  • PU

• Product Outlook (Volume of Kilotons; Revenues, USD Million; 2014-2025)

  • Adhesives

  • Sealants

• End-use Outlook (Volume of Kilotons; Revenues, USD Million; 2014-2025)

  • General aviation

  • Commercial

  • Military

• Regional Outlook (Volume of Kilotons; Revenues, USD Million; 2014-2025)

  • North America

    • The U.S.

    • Canada

  • Europe

    • Germany

    • The U.K.

    • France

    • Russia

    • Italy

    • Rest of Europe

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

    • Rest of Asia Pacific

  • South & Central America

    • Brazil

    • Argentina

  • The Middle East and Africa

    • Iran

    • Israel

Up Market Research published a new report titled “Aviation Adhesives and Sealants Market research report which is segmented by Resin (Epoxy, Silicon, PU), by Technology (Water Based, Solvent Based), By Players/Companies 3M; Henkel AG; PPG Industries; Illinois Tool Works; Huntsman International; Bostik; Dow Corning; HB Fuller; Hexcel Corporation; Royal Adhesives; and Sealants among others”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Aviation Adhesives and Sealants Market Report Segments:

The market is segmented by Resin (Epoxy, Silicon, PU), by Technology (Water Based, Solvent Based).

Aviation Adhesives and Sealants Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Aviation Adhesives and Sealants Market

Overview of the regional outlook of the Aviation Adhesives and Sealants Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Aviation Adhesives and Sealants Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Aviation Adhesives and Sealants Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Epoxy

                2. Silicon

                3. PU

                1. Water Based

                2. Solvent Based

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Aviation Adhesives and Sealants Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
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Reasons to Purchase the Aviation Adhesives and Sealants Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.