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Showing posts with the label Aviation Adhesives and Sealants Market Trend

Aviation Adhesives and Sealants Market Size, Status and Forecast to 2025

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 adhe