Introduction:

Adhesives, commonly known as glues are the substances which are capable of forming a bond between to surfaces and maintaining the bond very firmly. On the other hand sealants are the substances which are like filler materials in the gaps or joints between two materials to prevent the passages of fluids. The aviation industry demands for high performance adhesives & sealant systems to be used in composites which are employed in interior and exterior applications. Adhesives & Sealants in aerospace/aviation industry are mostly valued for their properties such as creep resistance, tensile strength, durability, elasticity, torsional stiffness, weather resistance, adhesion to dissimilar materials and styling aesthetics.

Market Segmentation:

Aviation adhesives & sealants market has been fragmented by resin type, by product, by technology and by application.

  • By Resin
    • Epoxy
    • Silicones
    • Urethanes
    • Polysulfide
    • Others
  • By Type
    • Adhesives & Sealant
    • Paste
    • Liquid
    • Film
    • Tapes
    • One Component
    • Two Component
  • By Product
    • Structural Adhesives
    • Pressure Sensitive Adhesives
    • Specialty Adhesives & Sealants
    • Others
  • By End-use Applications
    • Commercial aircraft
    • Business jets
    • Rotocrafts
    • Military flights/UAV’s
    • Defense & Space

Market Insights:

In terms of resin, epoxy based adhesives & sealants hold the major share of global market, owing to its superior mechanical properties, high corrosion resistance and high creep resistance. Rising demand for pressure sensitive adhesives and sealants in aviation is leading to increased adoption of polyurethane and silicone based materials.

In terms of applications, urethane and polycloroprene rubber adhesives are employed in elastomeric structures being used in aircraft applications such as escape slides, life preservers and life rafts that are used in commercial and regional aircraft manufactured by Boeing, Airbus, Bombardier and Embraer and others. The military uses these type adhesives for portable elastomeric fuel storage tanks and for high speed rubber boats used by the coast guard and military. It is so evident that commercial aviation was the largest end use application segment in 2016.

North America is projected to hold large share of the aviation adhesives & sealants market due to presence of large number of OEMs in the region. The aviation adhesives & sealants market in Europe is estimated to expand at a rapid pace in the next few years. Demand for adhesives & sealants is anticipated to be high in Asia Pacific owing to extensive innovation in technologies in the region.  China, Japan, and India are projected to constitute prominent share of the aviation adhesives & sealants market in the region in the near future. The aviation adhesives & sealants market in Latin America and Middle East & Africa is likely to expand at a moderate pace in the near future

Key Trends, Drivers & Restraints:

The increased adoption of adhesives & sealants usage over mechanical fasteners like bolts or screws is driving the market growth potentially owing to light weight contributions, which is an important requirement for aerodynamics and fuel consumption of an aircraft. Many aerospace applications are demanding for the aerospace adhesive according to a specification such as a Mil Spec, ASTM, SAE, or an internal company specification, such as a Boeing specification or a Lockheed Martin specification. These stringent specifications to meet is a quite a challenge for adhesive formulators which is making them to invest in new technologies’ R&D. However, the unpredictability in investments in commercial and military aircraft manufacturing sectors, is likely to restrict the market growth.

Major Firms:

The key players in global aviation adhesives & sealants market includes, Forbo Adhesives, H.B. Fuller, Halltech, Mapei, Mulco, Nacan Products, 3M and others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.