Market Forecast By Product Types (Epoxy Resins, Silicone, Polyurethane (PU) and Others), By Technologies Used (Solvent-Based, Water Based and Powder Based), By Applications (Commercial Aviation, Military Aviation and Other Applications), By Regions (North America, Europe, APAC and Rest of World) and Competitive Landscape
Product Code: ETC000725 | Publication Date: Jul 2024 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 29 | |
Report Name | Aerospace Adhesive and Coating Market |
Report Category/Coverage | Global |
Forecast period | 2025-2031 |
CAGR | 6.1% |
Market Size | USD 2.2 billion by 2031 |
Growing Sector | Commercial Aviation |
Aerospace Adhesive and Coating Market report thoroughly covers the by-product types, by technology used, by application and by regions. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Aerospace Adhesive and Coating Market has been experiencing significant growth over the past few years. As of 2024, the global market is valued at approximately $1.4 billion. Further, the Global Market is projected to expand at a CAGR of 6.1% from 2024 to 2030. Additionally, by 2030, the market size is expected to reach around $2.2 billion.
The aerospace adhesive and coating market is a significant segment of the aerospace industry, driven by the increasing demand for lightweight and durable materials in aircraft manufacturing and maintenance. Adhesives and coatings play a crucial role in ensuring the structural integrity and performance of various aircraft components, offering advantages such as enhanced bonding strength, corrosion resistance, and thermal stability. As the industry shifts towards more advanced materials and technologies, the demand for high-performance adhesives and coatings continues to rise. Furthermore, the growth in commercial air travel and military aviation, coupled with the increasing focus on reducing carbon emissions, propels innovation and adoption of eco-friendly and efficient products.
According to 6Wresearch, the Aerospace Adhesive and Coating Market revenue is expected to reach at a significant CAGR of 6.1% during the forecast period 2025-2031. One of the major factors for this market is the rise in air passenger traffic globally. With an increase in disposable income and improved connectivity, air travel has become more affordable and convenient. This has led to a rise in demand for new aircraft and frequent maintenance of existing ones, thereby boosting the demand for aerospace adhesives and coatings.
The market is also dealing with a number of challenges that are hampering its growth.one of such as volatile raw material prices and stringent regulations imposed by aviation authorities. The high cost associated with R&D activities to develop environmentally friendly adhesives and coatings is also hindering the growth of this market.
Some significant companies that are operating in the market and continuously contributing to its success are 3M, Henkel AG & Co. KGaA, PPG Industries Inc., Huntsman Corporation, H.B. Fuller Company, and AkzoNobel N.V. These companies are actively investing in research and development to develop innovative products and expand their market presence.
Governments around the world have recognized the importance of the aerospace industry and have taken initiatives to support its growth. For instance, in the United States, the Federal Aviation Administration (FAA) has implemented regulations for proper application of adhesives and coatings in aircraft manufacturing. This has not only improved safety standards but has also created a favourable environment for market growth.
The future of the aerospace adhesive and coating market looks bright, with continued advancements in technology and increasing demand for lightweight and fuel-efficient aircrafts. The development of new products that meet environmental regulations and offer superior performance will also contribute to market growth.
The aerospace adhesives and coatings market is primed for takeoff with Rising passenger numbers, lightweight materials, and military spending will fuel demand. Using innovation is key. Look for sustainable solutions, robotics-friendly adhesives, and nano-enhanced coatings. Mergers and partnerships will reshape the market, with Asia Pacific as a growth engine.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Parth, Senior Research Analyst, 6wresearch, Silicone plays a crucial role in the aerospace adhesive and coating market due to its unique properties that meet the demanding requirements of the industry. Its high thermal stability and resistance to extreme temperatures make it ideal for aerospace applications, where materials must withstand both scorching heat and freezing cold. Additionally, silicone provides excellent flexibility and durability, essential traits for adhesives and coatings used in aircraft and spacecraft that experience significant environmental changes and mechanical stress.
The commercial aviation sector plays a crucial role in the aerospace adhesive and coating market. With the continuous growth of global air travel, there is an increasing demand for new aircraft and the maintenance of existing fleets. This demand drives advancements in adhesives and coatings, which are essential for ensuring the structural integrity and performance of aircraft. Adhesives are used for bonding metals, composites, and plastics, while specialized coatings provide protection against corrosion, extreme temperatures, and UV radiation. Innovations in these materials focus on reducing weight, enhancing fuel efficiency, and improving durability, ensuring aircraft meet stringent safety and environmental standards.
The solvent-based aerospace adhesive and coating market is witnessing significant growth due to the increasing demand for lightweight and durable materials in the aerospace industry. These adhesives and coatings are crucial for enhancing the performance and longevity of aircraft components by providing strong bonding and protection against harsh environmental conditions. As the aerospace industry continues to evolve with advancements in technology and materials, the need for high-performance adhesives and coatings that ensure safety and efficiency is more pressing than ever. Market trends indicate a shift towards more sustainable and environmentally friendly options, which are being driven by stringent regulations and the industry's commitment to reducing its carbon footprint.
The aerospace adhesive and coating market in North America is experiencing significant growth, driven by the region's prominent aerospace sector. The increasing demand for lightweight and fuel-efficient aircraft is propelling advancements in adhesive and coating technologies. These materials are critical for enhancing performance, extending the lifespan of aircraft components, and improving aerodynamics. North American manufacturers are investing in research and development to produce innovative adhesives and coatings that offer superior bonding capabilities and resistance to extreme environmental conditions.
The market report has been segmented and sub segmented into the following categories:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Aerospace Adhesive and Coating Market Overview |
3.1 Aerospace Adhesive and Coating Market Revenues, 2021-2031F |
3.2 Aerospace Adhesive and Coating Market Revenue Share, By Product Type, 2021 & 2031F |
3.3 Aerospace Adhesive and Coating Market Revenue Share, By Technology Used, 2021 & 2031F |
3.4 Aerospace Adhesive and Coating Market Revenue Share, By Applications, 2021 & 2031F |
3.5 Aerospace Adhesive and Coating Market Revenue Share, By Regions, 2021 & 2031F |
3.6 Aerospace Adhesive and Coating Market Industry Life Cycle |
3.7 Aerospace Adhesive and Coating Market- Porter’s Five Forces |
4. Aerospace Adhesive and Coating Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Aerospace Adhesive and Coating Market Trends |
6. Aerospace Adhesive and Coating Market Overview, By Product Type |
6.1 Epoxy Resins Materials Market Revenues, 2021-2031F |
6.2 Silicone Materials Market Revenues, 2021-2031F |
6.3 Polyurethane (PU) Materials Market Revenues, 2021-2031F |
6.4 Other Aerospace Adhesive and Coating Materials Market Revenues, 2021-2031F |
7. Aerospace Adhesive and Coating Market Overview, By Technology Used |
7.1 Solvent-Based Materials Market Revenues, 2021-2031F |
7.2 Water-Based Materials Market Revenues, 2021-2031F |
7.3 Powder-Based Materials Market Revenues, 2021-2031F |
8. Aerospace Adhesive and Coating Application Market Overview |
8.1 Commercial Aviation Aerospace Adhesive and Coating Market Revenues, 2021-2031F |
8.2 Military Aviation Aerospace Adhesive and Coating Market Revenues, 2021-2031F |
8.3 Other Aviation Aerospace Adhesive and Coating Market Revenues, 2021-2031F |
9. North America Aerospace Adhesive and Coating Market Overview |
9.1 North America Aerospace Adhesive and Coating Market Revenues, 2021-2031F |
9.2 North America Aerospace Adhesive and Coating Market Revenues, By Product Type, 2021-2031F |
9.3 North America Aerospace Adhesive and Coating Market Revenues, By Technology Used, 2021-2031F |
9.4 North America Aerospace Adhesive and Coating Market Revenues, By Applications, 2021-2031F |
9.5 North America Aerospace Adhesive and Coating Market Revenues, By Countries, 2021-2031F |
10. Europe Aerospace Adhesive and Coating Market Overview |
10.1 Europe Aerospace Adhesive and Coating Market Revenues, 2021-2031F |
10.2 Europe Aerospace Adhesive and Coating Market Revenues, By Product Type, 2021-2031F |
10.3 Europe Aerospace Adhesive and Coating Market Revenues, By Technology Used, 2021-2031F |
10.4 Europe Aerospace Adhesive and Coating Market Revenues, By Applications, 2021-2031F |
10.5 Europe Aerospace Adhesive and Coating Market Revenues, By Countries, 2021-2031F |
11. APAC Aerospace Adhesive and Coating Market Overview |
11.1 APAC Aerospace Adhesive and Coating Market Revenues, 2021-2031F |
11.2 APAC Aerospace Adhesive and Coating Market Revenues, By Product Type, 2021-2031F |
11.3 APAC Aerospace Adhesive and Coating Market Revenues, By Technology Used, 2021-2031F |
11.4 APAC Aerospace Adhesive and Coating Market Revenues, By Applications, 2021-2031F |
11.5 APAC Aerospace Adhesive and Coating Market Revenues, By Countries, 2021-2031F |
12. Rest of World Aerospace Adhesive and Coating Market Overview |
12.1 Rest of World Aerospace Adhesive and Coating Market Revenues, 2021-2031F |
12.2 Rest of World Aerospace Adhesive and Coating Market Revenues, By Product Type, 2021-2031F |
12.3 Rest of World Aerospace Adhesive and Coating Market Revenues, By Technology Used, 2021-2031F |
12.4 Rest of World Aerospace Adhesive and Coating Market Revenues, By Applications, 2021-2031F |
12.5 Rest of World Aerospace Adhesive and Coating Market Revenues, By Countries, 2021-2031F |
13. Aerospace Adhesive and Coating Market Opportunity Assessment |
13.1 Aerospace Adhesive and Coating Market Opportunity Assessment, By Technology Used, 2025F |
13.2 Aerospace Adhesive and Coating Market Opportunity Assessment, By Applications, 2025F |
13.3 Aerospace Adhesive and Coating Market Opportunity Assessment, By Regions, 2025F |
14. Aerospace Adhesive and Coating Market Competitive Landscape |
14.1 Aerospace Adhesive and Coating Market Revenue Share, By Companies, 2024 |
14.1.1 North America Aerospace Adhesive and Coating Market Revenue Share, By Companies, 2024 |
14.1.2 Europe Aerospace Adhesive and Coating Market Revenue Share, By Companies, 2024 |
14.1.3 APAC Aerospace Adhesive and Coating Market Revenue Share, By Companies, 2024 |
14.1.4 Rest of World Aerospace Adhesive and Coating Market Revenue Share, By Companies, 2024 |
14.2 Aerospace Adhesive and Coating Market Competitive Benchmarking, By Operating Parameters |
15. Company Profiles |
16. Strategic Recommendations |
17. Disclaimer |
Market Forecast By Product Types (Epoxy Resins, Silicone, Polyurethane (PU) and Others), By Technologies Used (Solvent-Based, Water Based and Powder Based), By Applications (Commercial Aviation, Military Aviation and Other Applications), By Regions (North America, Europe, APAC and Rest of World) and Competitive Landscape
Product Code: ETC000725 | Publication Date: Sep 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 |
Global Aerospace Adhesive and Coating Market, PPG announced the initial launch of the PPG BOUNDLESS CA6500 series of innovative topcoats for the general aviation market in the United States and Canada. Specifically tailored for light aircraft and helicopters, the series comprises low volatile organic compound (VOC) polyurethane coatings, which are designed to provide excellent durability, performance and appearance characteristics with minimal regulated VOC and volatile hazardous air pollutant emissions.
The growing aviation industry coupled with surging demand for lighter material for coating and other regular maintenance services has driven the market for aerospace adhesive and coating globally. The manufacturers are investing in the development of environment-friendly and light weighted materials for aerospace maintenance and repair which would further result in the demand for the global aerospace adhesive and coating market.
According to 6Wresearch, the Global Aerospace Adhesive and Coating Market size is projected to witness growth during 2019-2025. Further, North America and Europe are the key regions registering maximum utilization of aerospace adhesive and coating; the United States holds the major share in market revenues owing to the wide availability of technological know-how and major OEM establishment such as, Boeing, Airbus and Bombardier based in the US. Moreover, government regulation in these regions for the use of environment-friendly coating products has resulted in a further surge in demand for aerospace adhesive and coating.
In terms of application type, globally commercial aviation dominates the market due to expanding fleet size of commercial aircraft, and the growing MRO market. Epoxy resin adhesives are expected to capture the majority of the market revenues.
The Global Aerospace Adhesive and Coating Market report thoroughly covers the market by product types, the technology used, application types and regions including North America, Europe, APAC and the Rest of the World. The Global Aerospace Adhesive and Coating Market outlook report provides an unbiased and detailed analysis of the ongoing Global Aerospace Adhesive and Coating Market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
• Global Aerospace Adhesive and Coating Market Overview
• Global Aerospace Adhesive and Coating Market Outlook
• Global Aerospace Adhesive and Coating Forecast
• Historical Data of Global Aerospace Adhesive and Coating Market Revenues for the Period 2015-2018
• Global Aerospace Adhesive and Coating Market Size and Global Aerospace Adhesive and Coating Market
Forecast of Revenues, Until 2025
• Historical Data of Global Aerospace Adhesive and Coating Market Revenues, by Product Type, for the
Period 2015-2018
• Market Size & Forecast of Global Aerospace Adhesive and Coating Market Revenues, by Product Type, until 2025
• Historical Data of Global Aerospace Adhesive and Coating Market Revenues, by Technology Used, for the
Period 2015-2018
• Market Size & Forecast of Global Aerospace Adhesive and Coating Market Revenues, by Technology Used, until 2025
• Historical Data of Global Aerospace Adhesive and Coating Market Revenues, by Applications, for the
Period 2015-2018
• Market Size & Forecast of Global Aerospace Adhesive and Coating Market Revenues, by Applications, until 2025
• Historical Data of North America Aerospace Adhesive and Coating Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of North America Aerospace Adhesive and Coating Market Revenues, until 2025.
• Historical Data of Europe Aerospace Adhesive and Coating Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Europe Aerospace Adhesive and Coating Market Revenues, until 2025.
• Historical Data of APAC Aerospace Adhesive and Coating Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of APAC Aerospace Adhesive and Coating Market Revenues, until 2025.
• Historical Data of the Rest of the World Aerospace Adhesive and Coating Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of the Rest of World Aerospace Adhesive and Coating Market Revenues, until 2025.
• Market Drivers and Restraints
• Global Aerospace Adhesive and Coating Market Trends and Industry Life Cycle
• Global Aerospace Adhesive and Coating Market Share, By Players
• Global Aerospace Adhesive and Coating Market Share, By Product Types
• Porter’s Five Force Analysis
• Global Aerospace Adhesive and Coating Market Forecast Opportunity Assessment
• Global Aerospace Adhesive and Coating Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations
The Global Aerospace Adhesive and Coating Market report provides a detailed analysis of the following market segments: