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Aerospace Adhesives Market : Size, Share, Trends, Growth, and Revenue Projections by 2031
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The report offers detailed segmentation of the global aerospace adhesives market based on function, resin type, technology, end user, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps investors, market players, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.
Based on resin type, the epoxy segment held the largest share in 2021, accounting for more than one-third of the global aerospace adhesives market, and is expected to maintain its dominance in terms of revenue by 2031. In addition, the segment is estimated to witness the largest CAGR of 5.6% during the forecast period.
Based on function, the structural segment accounted for the highest share in 2021, contributing to around three-fourths of the total share, and is expected to maintain its leadership status during the forecast period. However, the non-structural segment is expected to manifest the highest CAGR of 5.3% from 2022 to 2031.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/aerospace-adhesives-market/purchase-options
On the basis of technology, the waterborne segment dominated the market in 2021, accounting for nearly two-thirds of the market, and is projected to maintain its leading position throughout the during the forecast period.
Based on region, the market across Asia-Pacific accounted for the highest share in 2021, contributing to nearly one-third of the total market share, and is projected to continue its leadership status by 2031. Furthermore, the region is projected to portray the fastest CAGR of 5.4% during the forecast period.
Based on end user, the original equipment manufacturer segment held the lion's share in 2021, contributing to nearly three-fifths of the market. However, the maintenance repair and operations segment is projected to register the highest CAGR of 5.8% from 2022 to 2031.
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The key players operating in the aerospace adhesive market are 3M, Huntsman Corporation, H.B. Fuller, Henkel, Illinois Tool Works Inc., PPG, Cytec Solvay Group, Hexcel Corporation, Bostik (Arkema), Dowdupont, Permabond, Lord Corporation, Master Bond, Scigrip Adhesives, General Sealants, and Beacon Adhesives.
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