Aircraft Adhesive Market
Aircraft Adhesive Market Size, Share & Trends Analysis Report by Function (Structural, and Non-structural), by Resin (Epoxy, Polyurethane, Silicone, and Others), by Technology (Waterborne, Solvent borne, and Reactive), and by End User (Original Equipment Manufacturer (OEM), and Maintenance Repair and Operations (MROs)) Forecast Period (2023-2030) Update Available - Forecast 2024-2030
Aircraft adhesive market is expected to grow at a considerable CAGR of 7.8% during the forecast period. The market's growth is attributed to the growing demand for new applications and the removal of aerospace sealants. Accordingly, the market players are coming up with new products to cater to the demand for aerospace sealant and adhesives. For instance, in April 2023, PPG Industries launched Semco Sealant Removal, Mixing, and Application Kit, a portable tool for the application and removal of aerospace sealants, adhesives, and potting compounds at any distant site using a wheeled tool kit. The kit includes a compact, battery-operated dispensing gun and mixer, a backup battery, and charging supplies, all of which are kept in a watertight, crushproof, and dustproof box. Users don't need to swiftly transport the aircraft to a hangar and simply remove the old sealant and apply new material.
Segmental Outlook
The aircraft adhesive market is segmented based on function, resin, technology, and end-user. Based on function, the market is bifurcated into structural and non-structural segments. Based on the resin, the market is sub-segmented into epoxy, polyurethane, silicone, and others. Based on the technology, the market is augmented into waterborne, solvent-borne, and reactive. Furthermore, based on the end-user, the market is divided into OEM and MROs. Among the end-users, the OEM sub-segment is projected to hold a significant market share which is attributed to the increasing demand for integrated epoxy adhesives, nanomaterials, and nanoparticle elements.
The Epoxy Sub-Segment is Projected to Witness a Substantial Growth Over the Forecast Period
The epoxy sub-segment is projected to witness a substantial growth over the forecast period. Manufacturers are consequently creating innovative products to fulfil the unmet requirements of epoxy resins which is the key factor supporting the market segmental growth. For instance, in April 2022, Hexion Inc. launched the products Eponly Resin 1810 and Epikurely Curing Agent 3801. In addition, epoxy coating on domestic and commercial surfaces enhances performance, cures faster, releases fewer pollutants into the atmosphere, and have a stronger surface. Apart from this, in January 2022, DIC updated the pricing it charged for the sale of epoxy resins and epoxy resin curing agents.
Regional Outlooks
The global aircraft adhesive network market is further segmented based on geography, including North America (the US and Canada), Europe (Italy, Spain, Germany, France, and others), Asia-Pacific (India, China, Japan, South Korea, and others), and the Rest of the World (the Middle East and Africa, and Latin America). Among these, North America is anticipated to exhibit prominent growth over the forecast period, prompted by the region's high demand for interior adhesives for both commercial and military airplanes.
Global Aircraft adhesive Market Growth, by Region 2023-2030
The Asia-Pacific Region is Anticipated to Account for a Significant Share of the Global Aircraft Adhesive Market
Among all regions, the Asia-Pacific region is anticipated to account for a significant share of the global aircraft adhesive market during the forecast period. There is a considerable rise in the requirement for coatings, adhesives, sealants, and elastomers (CASE) applied in interior, exterior, and structural aircraft, spacecraft, and unmanned aerial vehicle (UAV). This requirement is majorly driven by the rapid development of the aerospace industry in the region, further crediting the market expansion. Increasing international trade, increased aviation investment in developing economies, and increasing passenger air traffic are some other factors driving the market growth.
Market Players Outlook
The major companies serving the global aircraft adhesive market include Beacon Adhesives, Inc., Bostik Inc. (Arkema Inc.), Dupont De Nemours, Inc., Solvay S.A., and among others . These market players are considerably contributing to market growth through various strategies, including product innovation, strategic partnerships, mergers and acquisitions, and expanding their distribution networks to cater to the growing demand for laptops worldwide. For instance, in March 2022, Solvay S.A. partnered with Wichita State University’s National Institute for Aviation Research (NIAR) to work together on research and materials development at NIAR’s facilities based in Wichita, Kansas. The partnership is aimed at developing future solutions to bolster the aviation industry and creating opportunities for companies of all sizes to revolutionise the future of flight.
Further, in July 2022, Hexcel Corp. strategically collaborated with Spirit Aero Systems Europe at its Aerospace Innovation Centre (AIC) to develop more sustainable aerospace manufacturing technologies for future aerospace production.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global aircraft adhesive market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Master Bond Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Parker Hannifin Corp.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Solvay S.A.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Aircraft Adhesive Market by Function
4.1.1. Structural
4.1.2. Non-structural
4.2. Global Aircraft Adhesive Market by Resin Type
4.2.1. Epoxy
4.2.2. Polyurethane
4.2.3. Silicone
4.2.4. Others
4.3. Global Aircraft Adhesive Market by Technology
4.3.1. Waterborne
4.3.2. Solvent borne
4.3.3. Reactive
4.4. Global Aircraft Adhesive Market by End-User
4.4.1. Original Equipment Manufacturers (OEM)
4.4.2. Maintenance Repair and Operations (MROs)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. 3M Co.
6.2. American Sealants Inc.
6.3. Beacon Adhesives, Inc.
6.4. Bostik Inc. (Arkema Inc.)
6.5. Dupont De Nemours, Inc.
6.6. H.B. Fuller Co.
6.7. Henkel Ag And Co. KGaA
6.8. Henkel Corp.
6.9. Hexcel Corp.
6.10. Huntsman International LLC
6.11. Illinois Tool Works Inc.
6.12. IPS Corp.
6.13. Permabond Engineering Adhesives Ltd.
6.14. PPG Industries, Inc.
6.15. Sealants, Inc.
1. GLOBAL AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY FUNCTION, 2022-2030 ($ MILLION)
2. GLOBAL STRUCTURAL AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL NON-STRUCTURAL AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY RESIN TYPE, 2022-2030 ($ MILLION)
5. GLOBAL AIRCRAFT ADHESIVE OF EPOXY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL AIRCRAFT ADHESIVE OF POLYURETHANE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL AIRCRAFT ADHESIVE OF SILICONE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL AIRCRAFT ADHESIVEFOR OF OTHER RESIN TYPES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. GLOBAL AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
10. GLOBAL WATERBORNE AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
11. GLOBAL SOLVENT BORNE AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
12. GLOBAL REACTIVE AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
13. GLOBAL AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
14. GLOBAL AIRCRAFT ADHESIVE FOR OEM MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
15. GLOBAL AIRCRAFT ADHESIVE FOR MROS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
16. GLOBAL AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
17. NORTH AMERICAN AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
18. NORTH AMERICAN AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY FUNCTION, 2022-2030 ($ MILLION)
19. NORTH AMERICAN AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY RESIN TYPE, 2022-2030 ($ MILLION)
20. NORTH AMERICAN AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
21. NORTH AMERICAN AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
22. EUROPEAN AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
23. EUROPEAN AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY FUNCTION, 2022-2030 ($ MILLION)
24. EUROPEAN AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY RESIN TYPE, 2022-2030 ($ MILLION)
25. EUROPEAN AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
26. EUROPEAN AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
27. ASIA-PACIFIC AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
28. ASIA-PACIFIC AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY FUNCTION, 2022-2030 ($ MILLION)
29. ASIA-PACIFIC AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY RESIN, 2022-2030 ($ MILLION)
30. ASIA-PACIFIC AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
31. ASIA-PACIFIC AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
32. REST OF THE WORLD AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
33. REST OF THE WORLD AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY FUNCTION, 2022-2030 ($ MILLION)
34. REST OF THE WORLD AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY RESIN, 2022-2030 ($ MILLION)
35. REST OF THE WORLD AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
36. REST OF THE WORLD AIRCRAFT ADHESIVE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
1. GLOBAL AIRCRAFT ADHESIVE MARKET SHARE BY FUNCTION, 2022 VS 2030 (%)
2. GLOBAL STRUCTURAL AIRCRAFT ADHESIVE MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL NON-STRUCTURAL AIRCRAFT ADHESIVE MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. GLOBAL AIRCRAFT ADHESIVE MARKET SHARE BY RESIN TYPE, 2022 VS 2030 (%)
5. GLOBAL AIRCRAFT ADHESIVE OF EPOXY MARKET SHARE BY REGION, 2022 VS 2030 (%)
6. GLOBAL AIRCRAFT ADHESIVE OF POLYURETHANE MARKET SHARE BY REGION, 2022 VS 2030 (%)
7. GLOBAL AIRCRAFT ADHESIVE OF SILICONE MARKET SHARE BY REGION, 2022 VS 2030 (%)
8. GLOBAL AIRCRAFT ADHESIVE OF OTHER RESIN TYPES MARKET SHARE BY REGION, 2022 VS 2030 (%)
9. GLOBAL AIRCRAFT ADHESIVE MARKET SHARE BY TECHNOLOGY, 2022 VS 2030 (%)
10. GLOBAL WATERBORNE AIRCRAFT ADHESIVE MARKET SHARE BY REGION, 2022 VS 2030 (%)
11. GLOBAL SOLVENT BORNE AIRCRAFT ADHESIVE MARKET SHARE BY REGION, 2022 VS 2030 (%)
12. GLOBAL REACTIVE AIRCRAFT ADHESIVE MARKET SHARE BY REGION, 2022 VS 2030 (%)
13. GLOBAL AIRCRAFT ADHESIVE MARKET SHARE BY END-USER, 2022 VS 2030 (%)
14. GLOBAL AIRCRAFT ADHESIVE FOR OEM MARKET SHARE BY REGION, 2022 VS 2030 (%)
15. GLOBAL AIRCRAFT ADHESIVE FOR MROS MARKET SHARE BY REGION, 2022 VS 2030 (%)
16. GLOBAL AIRCRAFT ADHESIVE MARKET SHARE BY REGION, 2022 VS 2030 (%)
17. US AIRCRAFT ADHESIVE MARKET SIZE, 2022-2030 ($ MILLION)
18. CANADA AIRCRAFT ADHESIVE MARKET SIZE, 2022-2030 ($ MILLION)
19. UK AIRCRAFT ADHESIVE MARKET SIZE, 2022-2030 ($ MILLION)
20. FRANCE AIRCRAFT ADHESIVE MARKET SIZE, 2022-2030 ($ MILLION)
21. GERMANY AIRCRAFT ADHESIVE MARKET SIZE, 2022-2030 ($ MILLION)
22. ITALY AIRCRAFT ADHESIVE MARKET SIZE, 2022-2030 ($ MILLION)
23. SPAIN AIRCRAFT ADHESIVE MARKET SIZE, 2022-2030 ($ MILLION)
24. REST OF EUROPE AIRCRAFT ADHESIVE MARKET SIZE, 2022-2030 ($ MILLION)
25. INDIA AIRCRAFT ADHESIVE MARKET SIZE, 2022-2030 ($ MILLION)
26. CHINA AIRCRAFT ADHESIVE MARKET SIZE, 2022-2030 ($ MILLION)
27. JAPAN AIRCRAFT ADHESIVE MARKET SIZE, 2022-2030 ($ MILLION)
28. SOUTH KOREA AIRCRAFT ADHESIVE MARKET SIZE, 2022-2030 ($ MILLION)
29. REST OF ASIA-PACIFIC AIRCRAFT ADHESIVE MARKET SIZE, 2022-2030 ($ MILLION)
30. REST OF THE WORLD AIRCRAFT ADHESIVE MARKET SIZE, 2022-2030 ($ MILLION)
