Aircraft Pressure-Sensitive Tape Market to Reach US$ 354.7 Million in 2024

Aircraft Pressure-Sensitive Tape Market report is a 275-page study offering actionable insights into the global market opportunities, trends, forecasts, and competitive analysis.

Stratview Research has published a new research report on Aircraft Pressure-Sensitive Tape Market. This extensive 275-page report by Stratview Research analyses the growth of Aircraft Pressure-Sensitive Tape Market over the trend period of 2013 to 2018 and forecast period of 2019 to 2024 under the following segments -
Tape Type: Specialty Pressure-Sensitive Tape & Masking Pressure-Sensitive Tape
Backing Material Type: Fiberglass, PET, PP & Others
Aircraft Type: Commercial aircraft, military aircraft etc.
Adhesive Type: Silicone Pressure-Sensitive Tape & Others
Application Type: Interiors & Exterior
by Region: North America, Europe, Asia-Pacific, and RoW


Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/498/aircraft-pressure-sensitive-tape-market.html

Increased demand for high-performance pressure-sensitive tape
The global aircraft pressure-sensitive tape market will continue to witness promising growth over the next five years to reach an estimated value of US$ 354.7 million in 2024. Several factors are directly or indirectly bolstering the demand for pressure-sensitive tape in the aerospace industry in which the biggest growth driver is the organic growth of the aircraft industry coupled with an increased demand for high-performance pressure-sensitive tape.

Commercial aircraft is likely to remain the growth engine
Based on the aircraft type, the aircraft pressure-sensitive tape market is segmented into commercial aircraft, military aircraft, regional aircraft, general aviation, helicopter, and others. Commercial aircraft is likely to remain the growth engine of the market during the forecast period. Today, the deliveries of commercial aircraft are at peak in life and have not witnessed a decline in the past seven years. Stratview estimates and OEMs’ announcements suggest that the production of aircraft will continue to increase as both Boeing and Airbus are enjoying a huge pile of order backlogs and have been increasing the production rates of their key programs (B767, B787, A320, and A350XWB).

Table Of Contents: https://www.stratviewresearch.com/toc/498/aircraft-pressure-sensitive-tape-market.html

Specialty tape is estimated to remain the larger as well as the faster-growing tape
Based on the tape type, the aircraft pressure-sensitive tape market is segmented into specialty tape and masking tape. Specialty tape is estimated to remain the larger as well as the faster-growing tape type in the aircraft pressure-sensitive tape market over the next five years. Improved performance characteristics of tapes will continue to drive the specialty pressure-sensitive tape market in years to come. Specialty pressure-sensitive tapes are replacing traditional methods of fastening, which leads to saving time, money, and weight.

North America to remain the largest market
North America is expected to remain the largest market for aircraft pressure-sensitive tapes during the forecast period. The USA is the growth engine of the region’s market with the presence of major aircraft OEMs, tier players, pressure-sensitive tape suppliers, and airlines. All the major pressure-sensitive tape suppliers have their presence in the region to address the emergent needs of the OEMs in order to become the partner for their upcoming aircraft programs or upcoming fuel-efficient variants of existing aircraft programs.

Top market players
The key players in the pressure-sensitive tape market are The 3M Company; Berry Global, Inc.; Nitto Denko Corporation; Henkel AG & Company, KGaA; Intertape Polymer Group; Avery Dennison; H.B. Fuller; and Tesa SE. The development of high-performance pressure-sensitive tape and expansion in untapped and growing markets are the key strategies adopted by the major players to gain a competitive edge in the market.

Why Stratview Research
Our report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
● Aircraft Pressure-Sensitive Tape Market overview, industry life cycle analysis, supply chain analysis
● Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
● Market trend (2013 – 2018) and forecast analysis (2019-2024) of each segment.
● Competitors’ market share, product portfolio and new launches.
● Growth opportunities in each segment.
● Emerging trends which will decide the future course of development.
● Strategic growth opportunities for the existing and new players
● Key success factors.

Click Here for Other Reports from Stratview Research in the Aerospace & Defence Industry: https://www.stratviewresearch.com/market-reports/Aerospace-Defense.html

400 Renaissance Center,
Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Phone No. +1-313-307-4176
Email-sales@stratviewresearch.com

Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.

This release was published on openPR.