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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. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

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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.

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Aviation Adhesives Sealants Market