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Aerospace Adhesives & Sealants Market Size

The aerospace adhesives and sealants market is experiencing growth driven by the increasing demand for lightweight aircraft assemblies, which are essential for reducing fuel costs and enhancing efficiency. The market's expansion is supported by the recovery from the COVID-19 pandemic, the regular supply of raw materials, and the reopening of production facilities. Epoxy resin-based adhesives are particularly favored due to their superior structural properties, making them suitable for various aerospace applications. The market's dynamics are also influenced by the need for decarbonization and the adoption of innovative technologies in the aerospace sector.

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Market Size of aerospace adhesives & sealants Industry

Aerospace Adhesives & Sealants Market Summary
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svg icon Study Period 2017 - 2028
svg icon Market Size (2024) USD 1.18 Billion
svg icon Market Size (2028) USD 1.44 Billion
svg icon Largest Share by Resin Epoxy
svg icon CAGR (2024 - 2028) 5.14 %
svg icon Largest Share by Region North America
svg icon Market Concentration Medium

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Aerospace Adhesives & Sealants Market Analysis

The Aerospace Adhesives & Sealants Market size is estimated at 1.18 billion USD in 2024, and is expected to reach 1.44 billion USD by 2028, growing at a CAGR of 5.14% during the forecast period (2024-2028).

1.18 Billion

Market Size in 2024 (USD)

1.44 Billion

Market Size in 2028 (USD)

5.56 %

CAGR (2017-2023)

5.14 %

CAGR (2024-2028)

Largest Market by Technology

35.20 %

value share, UV Cured Adhesives, 2023

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Globally, UV-cured technology has registered the highest market share due to its wide applications in the aerospace industry for assembling, repairing, and others.

Largest Market by Resin

44.82 %

value share, Epoxy, 2023

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Due to the low molecular weight of epoxy resin and the rising importance of lightweight parts and components in aerospace manufacturing, epoxy-based adhesives have gained the largest share of the market.

Largest Market by Region

47.21 %

value share, North America, 2023

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North America is the dominant region owing to the dominant presence of civil, general, and military aviation manufacturing facilities, mostly in the United States.

Fastest Growing Market by Region

8 %

Projected CAGR, Asia-Pacific, 2024-2028

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Due to the steady growth of aircraft assembly operations along with the rising military aviation spending in countries including India and China, the region is projected to be the fastest-growing region during the forecast period.

Leading Market Player

23.79 %

market share, Henkel AG & Co. KGaA, 2021

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Henkel is the leading aerospace adhesives and sealants producer globally, delivering high-performance solutions to meet the changing demand of the aerospace industry.

The rising demand for the replacement of heavier assembly joints to reduce costs and improve efficiency is expected to boost market demand

  • Adhesives and sealants play an important role in lightweight aircraft assemblies. Therefore, they are used in many structural applications, such as control systems, nacelle systems, fuselages, and engine parts.
  • The aerospace adhesives and sealants have shown a sudden growth of 7.45% in terms of volume in 2021. This has happened due to the economic recovery, regular supply of raw materials, and reopening of production facilities in many countries, including the United States, Canada, Germany, and China, which were impacted by the COVID-19 outbreak in 2020 where lockdowns in countries caused the shutdown of production facilities and reduction in the growth of adhesives and sealants across the world.
  • Aerospace adhesives and sealants are based on various resins, and epoxy resin is the most used resin-based adhesive in aerospace applications owing to its excellent structural properties, which fulfill the exact requirement of aircraft manufacturers. Epoxy adhesives are used in both interior and exterior parts of aircraft, such as sandwich panels used in fuselage construction, edge bonding and void filling, honeycomb structures, and many other applications. The tensile strength of these adhesives is up to 12000 psi(82 MPa) which is the highest among all other adhesives. 
  • The rising demand for the replacement of heavier assembly joints, such as mechanical fasteners, screws, and weld joints, to lower the weight of air vehicles will ultimately help in lowering fuel costs. It is seen that expenditure on fuel costs by airlines has been reduced by almost 40% over the last decade. Thus, it will drive the demand for adhesives and sealants in the coming years.
Global Aerospace Adhesives & Sealants Market

Demand for innovative technology development for reducing carbon to boost market demand

  • European manufactures and exports both civil and military helicopters, aircraft, jets, and their components. Civil aviation is the largest segment in the European aerospace industry. Europe is home to over 3,000 companies with more than 880,000 employees. France, Germany, Italy, Spain, and the United Kingdom have a large concentration of aerospace companies. That is why Europe ranks second in the consumption of aerospace adhesives and sealants.
  • In recent years, the aerospace industry in North America and worldwide has been facing pressure for decarbonization. This can be done through innovative technology development for reducing carbon. This transition will lead to an increase in demand for aerospace adhesives and sealants, which will be used for adapting new technology in the forecast period, which is 2022-2028.
  • The year-on-year growth is highest in 2021 because of the post-pandemic boost in leisure tourism, as the lockdown in COVID-19 in 2020 put a long halt on international and domestic travel. For example, the number of international passengers traveling to and from North America increased from 41 million passengers in 2020 to 59 million passengers in 2021. This increase led to increasing in MRO business and aircraft aftermarket, which is the reason for the highest year-on-year growth in 2021.
  • The decline in demand for aerospace adhesives and sealants in 2020 is due to the impact of the COVID-19 pandemic, which caused a nationwide lockdown, an overall economic slowdown, and a ban on international and domestic air travel. For example, the number of international passengers flying to and from North America fell drastically from 159 million in 2019 to 41 million in 2020.

Aerospace Adhesives & Sealants Industry Segmentation Aerospace Adhesives & Sealants Industry Segmentation

Acrylic, Cyanoacrylate, Epoxy, Polyurethane, Silicone, VAE/EVA are covered as segments by Resin. Hot Melt, Reactive, Sealants, Solvent-borne, UV Cured Adhesives, Water-borne are covered as segments by Technology. Asia-Pacific, Europe, Middle East & Africa, North America, South America are covered as segments by Region.

  • Adhesives and sealants play an important role in lightweight aircraft assemblies. Therefore, they are used in many structural applications, such as control systems, nacelle systems, fuselages, and engine parts.
  • The aerospace adhesives and sealants have shown a sudden growth of 7.45% in terms of volume in 2021. This has happened due to the economic recovery, regular supply of raw materials, and reopening of production facilities in many countries, including the United States, Canada, Germany, and China, which were impacted by the COVID-19 outbreak in 2020 where lockdowns in countries caused the shutdown of production facilities and reduction in the growth of adhesives and sealants across the world.
  • Aerospace adhesives and sealants are based on various resins, and epoxy resin is the most used resin-based adhesive in aerospace applications owing to its excellent structural properties, which fulfill the exact requirement of aircraft manufacturers. Epoxy adhesives are used in both interior and exterior parts of aircraft, such as sandwich panels used in fuselage construction, edge bonding and void filling, honeycomb structures, and many other applications. The tensile strength of these adhesives is up to 12000 psi(82 MPa) which is the highest among all other adhesives. 
  • The rising demand for the replacement of heavier assembly joints, such as mechanical fasteners, screws, and weld joints, to lower the weight of air vehicles will ultimately help in lowering fuel costs. It is seen that expenditure on fuel costs by airlines has been reduced by almost 40% over the last decade. Thus, it will drive the demand for adhesives and sealants in the coming years.
Resin
Acrylic
Cyanoacrylate
Epoxy
Polyurethane
Silicone
VAE/EVA
Other Resins
Technology
Hot Melt
Reactive
Sealants
Solvent-borne
UV Cured Adhesives
Water-borne
Region
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Singapore
South Korea
Thailand
Rest of Asia-Pacific
Europe
France
Germany
Italy
Russia
Spain
United Kingdom
Rest of Europe
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
North America
Canada
Mexico
United States
Rest of North America
South America
Argentina
Brazil
Rest of South America
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Aerospace Adhesives & Sealants Market Size Summary

The aerospace adhesives and sealants market is poised for significant growth, driven by their critical role in lightweight aircraft assemblies. These materials are extensively used in various structural applications, including control systems, nacelle systems, fuselages, and engine parts. The market has experienced a resurgence following the economic recovery and the reopening of production facilities that were previously affected by the COVID-19 pandemic. Epoxy resin-based adhesives are particularly favored in the aerospace sector due to their superior structural properties, which meet the stringent requirements of aircraft manufacturers. The shift towards replacing heavier assembly joints with adhesives and sealants is expected to contribute to reduced fuel costs for airlines, further propelling market demand.

Regionally, North America, Europe, and Asia-Pacific are key players in the global aerospace industry, with the United States leading in design and production capabilities. The European aerospace sector is robust, with a significant concentration of companies in countries like France, Germany, Italy, Spain, and the United Kingdom. The Asia-Pacific region, particularly China, is witnessing rapid growth in civil aerospace and aviation services. The market is moderately consolidated, with major companies like 3M, H.B. Fuller Company, Henkel AG & Co. KGaA, Huntsman International LLC, and PPG Industries, Inc. dominating the landscape. Innovations such as Master Bond's silver-filled epoxy and Bostik's engineering adhesives are indicative of ongoing advancements in the sector, catering to specific industry needs across Europe, the Middle East, Africa, and beyond.

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Aerospace Adhesives & Sealants Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2028 and analysis of growth prospects)

    1. 1.1 Resin

      1. 1.1.1 Acrylic

      2. 1.1.2 Cyanoacrylate

      3. 1.1.3 Epoxy

      4. 1.1.4 Polyurethane

      5. 1.1.5 Silicone

      6. 1.1.6 VAE/EVA

      7. 1.1.7 Other Resins

    2. 1.2 Technology

      1. 1.2.1 Hot Melt

      2. 1.2.2 Reactive

      3. 1.2.3 Sealants

      4. 1.2.4 Solvent-borne

      5. 1.2.5 UV Cured Adhesives

      6. 1.2.6 Water-borne

    3. 1.3 Region

      1. 1.3.1 Asia-Pacific

        1. 1.3.1.1 Australia

        2. 1.3.1.2 China

        3. 1.3.1.3 India

        4. 1.3.1.4 Indonesia

        5. 1.3.1.5 Japan

        6. 1.3.1.6 Malaysia

        7. 1.3.1.7 Singapore

        8. 1.3.1.8 South Korea

        9. 1.3.1.9 Thailand

        10. 1.3.1.10 Rest of Asia-Pacific

      2. 1.3.2 Europe

        1. 1.3.2.1 France

        2. 1.3.2.2 Germany

        3. 1.3.2.3 Italy

        4. 1.3.2.4 Russia

        5. 1.3.2.5 Spain

        6. 1.3.2.6 United Kingdom

        7. 1.3.2.7 Rest of Europe

      3. 1.3.3 Middle East & Africa

        1. 1.3.3.1 Saudi Arabia

        2. 1.3.3.2 South Africa

        3. 1.3.3.3 Rest of Middle East & Africa

      4. 1.3.4 North America

        1. 1.3.4.1 Canada

        2. 1.3.4.2 Mexico

        3. 1.3.4.3 United States

        4. 1.3.4.4 Rest of North America

      5. 1.3.5 South America

        1. 1.3.5.1 Argentina

        2. 1.3.5.2 Brazil

        3. 1.3.5.3 Rest of South America

Aerospace Adhesives & Sealants Market Size FAQs

The Global Aerospace Adhesives & Sealants Market size is expected to reach USD 1.18 billion in 2024 and grow at a CAGR of 5.14% to reach USD 1.44 billion by 2028.

In 2024, the Global Aerospace Adhesives & Sealants Market size is expected to reach USD 1.18 billion.

Aerospace Adhesives & Sealants Market Report Snapshots

Aerospace Adhesives & Sealants Market Size & Share Analysis - Growth Trends & Forecasts UP TO 2028