Press release
Aerospace Tapes Market 2022 Latest Insights, Growth Rate, Future Trends and Forecast | Key Players : 3M Company, Nitto Denko Corporation, Avery Dennison Corporation, Tesa SE, Scapa Group plc
Aerospace Tapes Market
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The global aerospace tapes market report by the business research company identifies growing demand for commercial aircraft to be a major growth driver for the aerospace tapes market. Commercial aircraft refers to a non-military aircraft that transports people or cargo. Aerospace tapes and other equipment are used to eliminate various dangers and maintain and repair commercial aircraft. For instance, in 2019, according to the International Civil Aviation Organization (ICAO), a United Nations Specialized Agency, saw 1,234 new commercial aircraft delivered by major manufacturers throughout the globe and 822 net new aircraft orders. Therefore, the growing demand for commercial aircraft is driving the aerospace tape market.
The global aerospace tapes market size is expected to grow from $2.02 billion in 2021 to $2.20 billion in 2022 at a compound annual growth rate (CAGR) of 9.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The aerospace tapes market is expected to grow to $2.66 billion in 2026 at a compound annual growth rate (CAGR) of 4.8%.
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North America was the largest region in the aerospace tapes market in 2021. The regions covered in the aerospace tapes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the aerospace tapes market are 3M Company, Nitto Denko Corporation, Avery Dennison Corporation, Tesa SE, Scapa Group plc, Intertape Polymer Group Inc, Compagnie de Saint-Gobain S.A., Berry Global Inc., Advance Tapes International Ltd, Mask-Off Company Inc., Stokvis Tapes Group BV, DeWAL Industries Inc, MBK Tape Solutions, GERGONNE - The Adhesive Solution and American Biltrite Inc.
The global aerospace tapes market is segmented -
1) By Resin Type: Acrylic, Rubber, Silicone, Other Resin Types
2) By Backing Material: Paper/Tissue, Film, Foam, Other Backing Material
3) By End User: Commercial Aviation, Military Aviation, General Aviation
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The Aerospace Tapes Market Report Contents Include
1. Executive Summary
2. Aerospace Tapes Market Characteristics
3. Aerospace Tapes Market Trends And Strategies
4. Aerospace Tapes Market - Macro Economic Scenario
5. Aerospace Tapes Market Size And Growth
....
28. Key Mergers And Acquisitions In The Aerospace Tapes Market
29. Aerospace Tapes Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the aerospace tapes market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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