Press release
Aerospace Tapes Market Trends, Industry Size, Growth Opportunities And Forecast To 2033
Aerospace Tapes Market
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the aerospace tapes industry. This report on aerospace tapes market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The aerospace tapes market size has grown strongly in recent years. It will grow from $2.41 billion in 2023 to $2.57 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to rise in aircraft production, rise in maintenance, repair, and overhaul (MRO) activities, stringent safety standards and regulations, increased air cargo transport, rise in space exploration. the aerospace tapes market size is expected to see strong growth in the next few years. It will grow to $3.32 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%.
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Key Market Players:
3M, Nitto Denko Corporation, Avery Dennison Corporation, Tesa SE, Scapa Group PLC, Intertape Polymer Group Inc., Saint-Gobain S.A., Berry Global Inc., Shurtape Technologies LLC, DeWAL Industries Inc., Advance Tapes International, Can-Do National Tape Inc., Aviation Devices and Electronic Components Inc., JTAPE Limited, Fralock Innovative Materials Manufacturing & Automation, UltraTape, Mask-Off Company Inc., Parafix Tapes & Conversions Ltd., MBK Tape Solutions, CS Hyde Company, Adhesive Research Inc., Adchem Corporation, PPI Adhesive Products (C.E.), Pro Tapes & Specialties Inc., Technetics Group, V. Himark (USA) Inc., VELCRO Companies, W. W. Grainger Inc
Market Drivers:
According to the Aerospace tapes Market Report 2024 by The Business Research Company, Product innovation has emerged as a key trend gaining popularity in the aerospace tape market. Major companies operating in the aerospace tape market are focused on developing innovative products to strengthen their position.
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Market segments for aerospace tapes include:
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
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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