Growing demand for aircrafts and the increasing penetration of composites are likely to substantially contribute to industry growth over the forecast period. The Global Aviation Adhesives and Sealants Market size is predicted to be worth USD 1.17 billion by 2025, according to a new report by Grand View Research, Inc.
The demand for aviation adhesives and sealants in general, commercial, and military end-use applications is increasing owing to a significant increase in aircraft building activities to cater to the growing demand for air travel coupled with a substantial drop in jet fuel prices. In addition, increasing volatility in diplomatic relations among countries has augmented the global defense expenditure, which, in turn, is likely to boost military aviation end-use application.
Increasing research & development activities and numerous government incentive programs are likely to enhance the production of aircrafts, which in turn is likely to propel market demand for adhesive and sealant products. Solvent-based adhesives and sealants are expected to witness large-scale adoption in aviation industry owing to the development of new technologies. A large number of manufacturers are adopting these newly developed technologies to introduce more effective products with low dry times and eco-friendly attributes.
Epoxy resins segment is expected to account for 45.6% of the global adhesives and sealants market by 2025. The demand can be attributed to perspiration, moisture, and heat-resistant properties, which provide protection to numerous parts of an aircraft against the temperature outside. Technological advancements in the product to boost the performance of an aircraft are likely to augment its demand over the forecast period.
To Know More About Aviation Adhesives and Sealants Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/aviation-adhesives-sealants-market
Asia Pacific is the leading market for aviation adhesives and sealants due to the early adoption and augmented airplane building activities in the region. Large-scale manufacturers are mostly concentrated in countries including the U.S. and Canada, which in turn, is likely to drive market growth over the forecast period. Countries including the UK & Germany, India, Japan, and China are the fastest-developing markets for adhesives and sealants.
Top Players of Aviation Adhesives and Sealants Market:
Key market players include 3M; Henkel AG, PPG Industries; Illinois Tool Works; Huntsman International; Bostik; Dow Corning Corporation; H.B. Fuller, Hexcel Corporation; Royal Adhesives and Sealants Ltd.; Master Bond Inc.; and Beacon Adhesives.
Market Segmentation of Aviation Adhesives and Sealants Market:
The Global Aviation Adhesives and Sealants Market on the basis of Technology, Resin, Product and Application.
By Technology:
Solvent based
Water based
By Resin:
Epoxy
Silicon
Polyurethane (PU)
By Product:
Adhesive
Sealants
By End Use:
General aviation
Commercial Aviation
Military Aviation
Inquire about Aviation Adhesives and Sealants Market with Our Experts @ https://www.grandviewresearch.com/inquiry/4819
The demand for aviation adhesives and sealants in general, commercial, and military end-use applications is increasing owing to a significant increase in aircraft building activities to cater to the growing demand for air travel coupled with a substantial drop in jet fuel prices. In addition, increasing volatility in diplomatic relations among countries has augmented the global defense expenditure, which, in turn, is likely to boost military aviation end-use application.
Increasing research & development activities and numerous government incentive programs are likely to enhance the production of aircrafts, which in turn is likely to propel market demand for adhesive and sealant products. Solvent-based adhesives and sealants are expected to witness large-scale adoption in aviation industry owing to the development of new technologies. A large number of manufacturers are adopting these newly developed technologies to introduce more effective products with low dry times and eco-friendly attributes.
Epoxy resins segment is expected to account for 45.6% of the global adhesives and sealants market by 2025. The demand can be attributed to perspiration, moisture, and heat-resistant properties, which provide protection to numerous parts of an aircraft against the temperature outside. Technological advancements in the product to boost the performance of an aircraft are likely to augment its demand over the forecast period.
To Know More About Aviation Adhesives and Sealants Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/aviation-adhesives-sealants-market
Asia Pacific is the leading market for aviation adhesives and sealants due to the early adoption and augmented airplane building activities in the region. Large-scale manufacturers are mostly concentrated in countries including the U.S. and Canada, which in turn, is likely to drive market growth over the forecast period. Countries including the UK & Germany, India, Japan, and China are the fastest-developing markets for adhesives and sealants.
Top Players of Aviation Adhesives and Sealants Market:
Key market players include 3M; Henkel AG, PPG Industries; Illinois Tool Works; Huntsman International; Bostik; Dow Corning Corporation; H.B. Fuller, Hexcel Corporation; Royal Adhesives and Sealants Ltd.; Master Bond Inc.; and Beacon Adhesives.
Market Segmentation of Aviation Adhesives and Sealants Market:
The Global Aviation Adhesives and Sealants Market on the basis of Technology, Resin, Product and Application.
By Technology:
Solvent based
Water based
By Resin:
Epoxy
Silicon
Polyurethane (PU)
By Product:
Adhesive
Sealants
By End Use:
General aviation
Commercial Aviation
Military Aviation
Inquire about Aviation Adhesives and Sealants Market with Our Experts @ https://www.grandviewresearch.com/inquiry/4819
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