Global Aerospace Adhesives Market Projections to 2024: Epoxy Resin Projected to Dominate, Owing to its Uses in Various Applications –

Adhesives Market – Growth, Trends, and Forecast (2019 – 2024)”

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The market for aerospace adhesives is expected to register a CAGR of
~4.76% during the forecast period of 2019-2024.

Major factors driving the market studied are the increasing penetration
of composites in aircraft manufacturing and increasing government
spending on defense in the United States. Poor performance in extremely
low temperature and high vacuum environment is expected to hinder the
growth of the market studied.

Epoxy resin type dominated the market in 2018 and is expected to grow
during the forecast period, owing to the uses in various applications,
including panel assembly, filtration, door, flooring, and window

Use of combined carbon nanotubes and nano additives with epoxy adhesives
is likely to act as an opportunity in the future.

North America dominated the market across the globe with the largest
consumption from the countries, such as the United States and Canada.

Key Market Trends

Epoxy Resin to Dominate the Market

Epoxy is the most used adhesive in the aerospace industry. These are
used in bonding aircraft structures and airframe structures, such as
structural components in the fuselage, control surfaces in wing flaps
and tips, empennage components, composite fairings, cargo liners,
landing gear doors, and floors.

Epoxies have good strength, do not produce volatiles during curing, and
have low shrinkage. However, they can have low peel strength and
flexibility and are brittle.

Epoxy adhesives are available in one-part, two-part, and film form and
produce extremely strong durable bonds with most materials. A structural
epoxy adhesive film is used to splice layers of foam together. In some
instances, structural adhesives can be used for an essentially
non-structural application.

The United States to Dominate the Market in the North American Region

The United States aerospace sector is the largest in the world according
to the US Bureau of Economic Analysis (BEA). The regional carrier fleet
is forecasted to decline slightly while the cargo carrier large jet
aircraft fleet is forecasted to increase due to the growth in the
freight Road Transport Management Systems (RTMS).

Strong exports of aerospace components to countries, such as France,
China, and Germany along with the robust consumer spending in the United
States are driving the manufacturing activities in the aerospace
industry. The booming manufacturing of commercial and passenger
aircrafts along with the consistently growing exports of aircraft parts
are expected to boost the demand for aerospace adhesives in the United
States in the coming years.

Competitive Landscape

The aerospace adhesives market is consolidated. The major players
include Henkel AG & Co. KGaA, Cytec Solvay Group, 3M, Hexcel
Corporation, and Huntsman International LLC, among others.

Key Topics Covered


1.1 Study Deliverables

1.2 Study Assumptions

1.3 Scope of the Study




4.1 Drivers

4.1.1 Increasing Penetration of Composites in Aircraft Manufacturing

4.1.2 Increasing Government Spending on Defense in the United States

4.1.3 Rising Demand for Aircraft in Asia-Pacific & Middle-East

4.2 Restraints

4.2.1 Poor Performance in Extremely Low Temperature & High Vacuum

4.3 Industry Value-Chain Analysis

4.4 Porter’s Five Forces Analysis


5.1 Technology

5.1.1 Waterborne

5.1.2 Solvent-borne

5.1.3 Reactive

5.2 Resin Type

5.2.1 Epoxy

5.2.2 Polyurethane

5.2.3 Silicone

5.2.4 Other Resin Types

5.3 Function type

5.3.1 Structural

5.3.2 Non-Structural

5.4 End User

5.4.1 Original Equipment Manufacturer (OEM)

5.4.2 Maintenance Repair and Operations (MRO)

5.5 Geography

5.5.1 Asia-Pacific

5.5.2 North America

5.5.3 Europe

5.5.4 South America

5.5.5 Middle East & Africa


6.1 Mergers and Acquisitions, Joint Ventures, Collaborations and

6.2 Market Share Analysis

6.3 Strategies Adopted by Leading Players

6.4 Company Profiles

6.4.1 3M Company

6.4.2 Arkema Group (Bostik S.A.)

6.4.3 Avery Dennison Corporation

6.4.4 Beacon Adhesives Inc.

6.4.5 Cytec Solvay Group

6.4.6 DELO Industrie Klebstoffe GmbH & Co. KGaA

6.4.7 Dymax Corporation

6.4.8 Henkel AG & Company KGaA

6.4.9 Hernon Manufacturing Inc.

6.4.10 Hexcel Corporation

6.4.11 Huntsman International LLC

6.4.12 Hybond

6.4.13 Hylomar Group

6.4.14 L&L Products

6.4.15 LORD Corporation

6.4.16 Master Bond Inc.

6.4.17 Parson Adhesives Inc.

6.4.18 Permabond LLC

6.4.19 PPG Industries Inc.

6.4.20 Royal Adhesives & Sealants


7.1 Use of Combined Carbon Nanotubes and Nanoadditives with Epoxy

7.2 Various Upcoming Space Exploration Programs

For more information about this report visit

Laura Wood, Senior Press Manager
E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call
For GMT Office Hours Call +353-1-416-8900
Topics: Commercial
, Adhesives
and Sealants