Global Aerospace Adhesive & Sealants Market is Expected to Generate Huge Profits by 2022

The Global Aerospace Adhesive & Sealants Market size was valued at USD 692.4 Million in 2016 and is projected to reach USD 954.7 Million by 2022, registering a CAGR of 5.46% between 2017 and 2022. In this study, 2016 has been considered as the base year for estimating the market size. This report aims to estimate the size and future growth potential of the aerospace adhesive & sealants market across different segments, such as type, resin type, technology, end-user industry, user type, aircraft type, and region. Factors influencing the market growth, such as drivers, restraints, opportunities, industry-specific challenges, and opportunities, and competitive landscape of the market are presented in the report.

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Aerospace adhesive & sealants are used in various end-user industries, such as commercial, military, and general aviation. The commercial segment is the largest end-user industry segment of the adhesive & sealants market. The current surge in demand for commercial aircraft globally bodes well for leading original equipment manufacturers and their suppliers. Boeing and Airbus presently have combined orders of over 9,000 commercial aircraft. This demand drives the market for aerospace adhesive & sealants in the commercial end-user industry.

The epoxy resin segment is projected to be the fastest-growing resin type segment of the aerospace adhesive & sealants market. Epoxy resins offer a unique combination of adhesion, chemical resistance, and other physical properties that provide outstanding protection against severe corrosive environments. These properties of epoxy resin help drive the global epoxy aerospace adhesive & sealants market.

Top key players profiled in the Aerospace Adhesive & Sealants market report include 3M (US), Henkel AG & Co. KGaA (Germany), PPG Industries, Inc. (US), Illinois Tool Works, Inc. (US), Cytec Solvay Group (Belgium), Huntsman International LLC (US), Bostik (Arkema S.A.) (France), Dow Corning Corporation (US), H.B. Fuller (US), Hexcel Corporation (US), Royal Adhesives & Sealants (US), Master Bond Inc. (US), and Beacon Adhesives, Inc. (US).

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