Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Aerospace Adhesives Market size was valued at USD 979.83 million in 2024 and is likely to cross USD 1.89 billion by 2037, expanding at more than 5.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of aerospace adhesives is estimated at USD 1.02 billion.
The growth of the market can be attributed to factors such as the growing usage of composites to manufacture aircrafts, rising demand for aerospace sealants and adhesives in developing countries and increasing number of air passengers worldwide. According to the World Bank, the total number of air passengers increased significantly within the span of two years, i.e., 2017-2019. The total number was calculated to be 3.974 billion in the former and 4.397 billion people in the latter year. Apart from these, extensive research and development to develop more effective aerospace adhesives is also expected to boost market growth in the upcoming years. Additionally, the emergence of middle-class populations in progressing nations, namely India, China and Brazil, is projected to offer ample growth opportunities to the market in the future.
