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Aerospace Tapes: Core Growth Enabler in the Increased Demand For Commercial Aircraft Fueling Growth In The Aerospace Tape Market Market, 2025
Aerospace Tapes
What Will the Aerospace Tapes Industry Market Size Be by 2025?
In recent years, there has been a significant growth in the aerospace tapes market. From $2.51 billion in 2024, it is predicted to expand to $2.67 billion in 2025, recording a compound annual growth rate (CAGR) of 6.2%. The historic growth can be associated with an increase in aircraft manufacturing, maintenance, repair and overhaul (MRO) tasks, strict safety norms and regulations, expansion in air cargo transportation, and an upwards trend in space exploration.
What's the Long-Term Growth Forecast for the Aerospace Tapes Market Size Through 2029?
Expectations suggest a robust expansion in the aerospace tapes market size in the coming years. The market is predicted to reach $3.44 billion in 2029, with a compound annual growth rate (CAGR) of 6.6%. The uptick during the projected period can be linked to factors such as increasing aircraft electrification, growing defense budgets, a rise in global commerce, the aging of aircraft fleets, and a surge in disposable income. Notable trends for the forecast period encompass the integration of smart materials, developments in nanotechnology, the use of sustainable and eco-friendly tapes, application of artificial intelligence in tape design, and the employment of blockchain for traceability.
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What Are the Key Growth Drivers Fueling the Aerospace Tapes Market Expansion?
The aerospace tape market is poised to expand due to the rising requirement for commercial aircraft. Commercial aircraft, which are non-military vehicles transporting people or goods, routinely use aerospace tapes and related equipment to mitigate various risks as well as conduct maintenance and repairs. For example, a Netherlands-based aircraft manufacturer, Airbus, reported in January 2024 that their delivery of commercial aircraft had increased by 11% in 2023, reaching a total of 735 aircraft in contrast to 2022. This surge in the demand for commercial aircraft is what's fueling the growth of the aerospace tapes market.
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What Are the Key Trends Driving Aerospace Tapes Market Growth?
Leading companies in the aerospace tapes market are creating advanced products like flame-resistant adhesive tape to boost safety, durability, and performance in aerospace applications which are susceptible to high temperatures and fire. For example, Tesa SE, a Germany-based adhesive product manufacturer, unveiled its innovation, Tesa FlameXtinct 45020, in April 2023. This flame-proof adhesive tape, designed especially for securing carpets in aircraft interiors, elevates safety standards in aviation by strictly adhering to severe fire protection regulations necessary to minimize the dangers linked to cabin fires. The tape is entirely free from halogens, thereby conforming to contemporary safety norms that reduce toxic fumes during fires. The nuanced adhesive system facilitates robust attachment to various carpet types and also enables reconfiguration during set-up.
How Is the Aerospace Tapes Market Segmented?
The aerospace tapes market covered in this report 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
Subsegments:
1) By Acrylic Tapes: Pressure-Sensitive Acrylic Tapes, High-Temperature Acrylic Tapes, Double-Sided Acrylic Tapes
2) By Rubber Tapes: Natural Rubber Tapes, Synthetic Rubber Tapes, High-Performance Rubber Tapes
3) By Silicone Tapes: Silicone Adhesive Tapes, High-Temperature Silicone Tapes, Double-Sided Silicone Tapes
4) By Other Resin Types: Polyethylene Tapes, Polypropylene Tapes, Polyester Tapes, Specialty Adhesive Tapes
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Which Companies Are Leading the Charge in Aerospace Tapes Market Innovation?
Major companies operating in the aerospace tapes market include 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.
Which Regions Are Leading the Global Aerospace Tapes Market in Revenue?
North America was the largest region in the aerospace tapes market in 2024. Latin America is expected to be the fastest-growing region in the aerospace tapes market share during the forecast period. The regions covered in the aerospace tapes market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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