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Global Aerospace Adhesives & Sealants Market to reach USD XX billion by the end of 2030.

Global Aerospace Adhesives & Sealants Market Size study & Forecast, by Adhesive Resin (Epoxy, Polyurethane, Others), by Sealants Resin (Polysulfide, Silicone, Others), by Aircraft (Commercial, Military, Others) and Regional Analysis, 2023-2030

Product Code: CMPCA-39682763
Publish Date: 29-02-2024
Page: 200

Global Aerospace Adhesives & Sealants Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% during the forecast period 2023-2030. Aerospace adhesives and sealants are specialized materials designed for use in the aerospace industry to bond and seal components in aircraft, spacecraft, and related applications. These materials play a crucial role in ensuring the structural integrity, safety, and performance of aerospace vehicles. Aerospace adhesives and sealants are formulated to meet the stringent requirements and challenges of the aerospace environment, which includes factors such as extreme temperatures, high altitudes, vibrations, and exposure to various chemicals. The key factors driving the market growth are increasing aircraft production, growing preference for lightweight materials, and expansion of the aerospace industry that is anticipated to create lucrative demand for the market during the forecast period 2023-2030.

Additionally, the expansion of military aircraft production directly drives the demand for aerospace adhesives and sealants. As more military aircraft are manufactured, there is a corresponding increase in the need for high-performance bonding and sealing solutions to ensure structural integrity, durability, and safety. According to Statista, in 2020 the size of global military aircraft and aerospace manufacturing was USD 243 billion and in 2021 the number reached USD 255.76 billion. As a result, the growing military aircraft and aerospace manufacturing is anticipated to support the market growth. Moreover, rising defense spending and growing demand for commercial aircraft are anticipated to create lucrative opportunities for the market. However, the stringent regulatory standards and high cost of advanced materials stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Aerospace Adhesives & Sealants Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the rising demand for lightweight materials, growing emphasis on fuel efficiency, increasing investments in research and development, and presence of key market players. Whereas, the Asia Pacific is expected to grow with the fastest growth rate over the forecast period, owing to factors such as the rising aerospace industry, increasing air passenger traffic, and rise in defense spending.

Major market player included in this report are:
Henkel AG & Co. KGaA
3M Company
PPG Industries, Inc.
Huntsman Corporation
Solvay SA
H.B. Fuller Company
Bostik, Inc.
Hexcel Corporation
DowDuPont Inc.
Master Bond Inc.

Recent Developments in the Market:
Ø In March 2022, Bostik forged a strategic partnership with DGE, extending its distribution reach across Europe, the Middle East, and Africa. This collaboration encompasses the distribution of Born2Bond engineering adhesives, meticulously crafted for precise ‘by-the-dot’ bonding applications in key industries, including automotive, electronics, luxury packaging, medical devices, and MRO.

Global Aerospace Adhesives & Sealants Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Adhesive Resin, Sealants Resin, Aircraft, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Adhesive Resin:
Epoxy
Polyurethane
Others

By Sealants Resin:
Polysulfide
Silicone
Others

By Aircraft:
Commercial
Military
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Aerospace Adhesives & Sealants Market, by Region, 2020-2030 (USD Billion)
1.2.2. Aerospace Adhesives & Sealants Market, by Adhesive Resin, 2020-2030 (USD Billion)
1.2.3. Aerospace Adhesives & Sealants Market, by Sealants Resin, 2020-2030 (USD Billion)
1.2.4. Aerospace Adhesives & Sealants Market, by Aircraft, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Aerospace Adhesives & Sealants Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Aerospace Adhesives & Sealants Market Dynamics
3.1. Aerospace Adhesives & Sealants Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increasing aircraft production
3.1.1.2. Growing preference for lightweight materials
3.1.1.3. Expansion of the aerospace industry
3.1.2. Market Challenges
3.1.2.1. Stringent regulatory standards
3.1.2.2. High cost of advanced materials
3.1.3. Market Opportunities
3.1.3.1. Rising defense spending
3.1.3.2. Growing demand for commercial aircraft
Chapter 4. Global Aerospace Adhesives & Sealants Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Aerospace Adhesives & Sealants Market, by Adhesive Resin
5.1. Market Snapshot
5.2. Global Aerospace Adhesives & Sealants Market by Adhesive Resin, Performance – Potential Analysis
5.3. Global Aerospace Adhesives & Sealants Market Estimates & Forecasts by Adhesive Resin 2020-2030 (USD Billion)
5.4. Aerospace Adhesives & Sealants Market, Sub Segment Analysis
5.4.1. Epoxy
5.4.2. Polyurethane
5.4.3. Others
Chapter 6. Global Aerospace Adhesives & Sealants Market, by Sealants Resin
6.1. Market Snapshot
6.2. Global Aerospace Adhesives & Sealants Market by Sealants Resin, Performance – Potential Analysis
6.3. Global Aerospace Adhesives & Sealants Market Estimates & Forecasts by Sealants Resin 2020-2030 (USD Billion)
6.4. Aerospace Adhesives & Sealants Market, Sub Segment Analysis
6.4.1. Polysulfide
6.4.2. Silicone
6.4.3. Others
Chapter 7. Global Aerospace Adhesives & Sealants Market, by Aircraft
7.1. Market Snapshot
7.2. Global Aerospace Adhesives & Sealants Market by Aircraft, Performance – Potential Analysis
7.3. Global Aerospace Adhesives & Sealants Market Estimates & Forecasts by Aircraft 2020-2030 (USD Billion)
7.4. Aerospace Adhesives & Sealants Market, Sub Segment Analysis
7.4.1. Commercial
7.4.2. Military
7.4.3. Others
Chapter 8. Global Aerospace Adhesives & Sealants Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Aerospace Adhesives & Sealants Market, Regional Market Snapshot
8.4. North America Aerospace Adhesives & Sealants Market
8.4.1. U.S. Aerospace Adhesives & Sealants Market
8.4.1.1. Adhesive Resin breakdown estimates & forecasts, 2020-2030
8.4.1.2. Sealants Resin breakdown estimates & forecasts, 2020-2030
8.4.1.3. Aircraft breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Aerospace Adhesives & Sealants Market
8.5. Europe Aerospace Adhesives & Sealants Market Snapshot
8.5.1. U.K. Aerospace Adhesives & Sealants Market
8.5.2. Germany Aerospace Adhesives & Sealants Market
8.5.3. France Aerospace Adhesives & Sealants Market
8.5.4. Spain Aerospace Adhesives & Sealants Market
8.5.5. Italy Aerospace Adhesives & Sealants Market
8.5.6. Rest of Europe Aerospace Adhesives & Sealants Market
8.6. Asia-Pacific Aerospace Adhesives & Sealants Market Snapshot
8.6.1. China Aerospace Adhesives & Sealants Market
8.6.2. India Aerospace Adhesives & Sealants Market
8.6.3. Japan Aerospace Adhesives & Sealants Market
8.6.4. Australia Aerospace Adhesives & Sealants Market
8.6.5. South Korea Aerospace Adhesives & Sealants Market
8.6.6. Rest of Asia Pacific Aerospace Adhesives & Sealants Market
8.7. Latin America Aerospace Adhesives & Sealants Market Snapshot
8.7.1. Brazil Aerospace Adhesives & Sealants Market
8.7.2. Mexico Aerospace Adhesives & Sealants Market
8.8. Middle East & Africa Aerospace Adhesives & Sealants Market
8.8.1. Saudi Arabia Aerospace Adhesives & Sealants Market
8.8.2. South Africa Aerospace Adhesives & Sealants Market
8.8.3. Rest of Middle East & Africa Aerospace Adhesives & Sealants Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Henkel AG & Co. KGaA
9.3.1.1. Key Information
9.3.1.2. Overview
9.3.1.3. Financial (Subject to Data Availability)
9.3.1.4. Product Summary
9.3.1.5. Recent Developments
9.3.2. 3M Company
9.3.3. PPG Industries, Inc.
9.3.4. Huntsman Corporation
9.3.5. Solvay SA
9.3.6. H.B. Fuller Company
9.3.7. Bostik, Inc.
9.3.8. Hexcel Corporation
9.3.9. DowDuPont Inc.
9.3.10. Master Bond Inc.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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