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Aerospace Adhesives Market Trends

  • Report ID: 3100
  • Published Date: Sep 30, 2024
  • Report Format: PDF, PPT

Aerospace Adhesives Market Trends

Growth Drivers

  • Increasing Use of Composites to Manufacture Aircrafts
  • Growing Demand for Aerospace Adhesives in Developing Nations

Challenges

  • Poor Performance of Aerospace Adhesives in Low Temperature Environment

Aerospace Adhesives Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

CAGR

5.2%

Base Year Market Size (2023)

USD 931.4 million

Forecast Year Market Size (2036)

USD 1.8 billion

Regional Scope
  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Dhruv Bhatia


  • Report ID: 3100
  • Published Date: Sep 30, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major market growth drivers are increasing use of composites to manufacture aircrafts and growing demand for aerospace adhesives in developing nations.

The market is anticipated to attain a noteworthy CAGR over the forecast period, i.e., 2021 – 2030.

Poor performance of aerospace adhesives in low temperature environment is estimated to hamper the market growth.

Asia Pacific will provide more business opportunities to the market owing to the increasing air traffic in countries such as China, India, South Korea and Japan.

The major players in the market are 3M Company, Henkel AG & Co. KGaA, Cytec Solvay Group, Hexcel Corporation, Huntsman International LLC, and others.
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