Aerospace Adhesives Sector: Growth Drivers and Challenges
Growth Drivers
- Increasing Use of Composites to Manufacture Aircrafts
- Growing Demand for Aerospace Adhesives in Developing Nations
Challenges
- Poor Performance of Aerospace Adhesives in Low Temperature Environment
Aerospace Adhesives Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
5.2% |
|
Base Year Market Size (2024) |
USD 979.83 million |
|
Forecast Year Market Size (2037) |
USD 1.89 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of aerospace adhesives is estimated at USD 1.02 billion.
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.
Asia Pacific industry is estimated to hold largest revenue share by 2037, on the back of growing air traffic in countries such as China, India, South Korea and Japan as a result of affordable fares provided by low-cost airlines and increasing production of aircrafts.
The major players in the market are 3M Company, Henkel AG & Co. KGaA, Cytec Solvay Group, Hexcel Corporation, Huntsman International LLC, and others.
