The global aerospace adhesives and sealants market is expected to witness significant growth in the coming years, due to the versatility in the application of adhesives and sealants in the aerospace industry. The selection of adhesives is based on the substrates used and the requirement of the bond.

The epoxy resin type segment is dominated the market is also anticipated to register the highest CAGR during the forecast period. This is attributed to the superior properties of epoxy resin type which includes high chemical resistance, high corrosion resistance, good thermal characteristics, good thermal properties, low shrinkage upon care, good electrical insulation properties, and others.

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Among all these, natural gas and biomass are projected to hold the largest share in the overall market and dominated the market till now. This is attributed to its extensive use in various end-user industries including metal and mining, chemical, and others are shifting towards natural gas to use it as a primary fuel in the boilers.

Increasing air traffic, growing demand for lightweight materials for aircraft production are the major drivers witnessed in the aerospace adhesives and sealants market, which are contributing to the market growth. The demand for adhesives is increasing in the aviation industry for the construction of lightweight aircraft, as adhesives are ideal to connect materials reliably without adding weight.

Asia-Pacific is projected to be one of the largest and fastest-growing markets. This is primarily attributed to the increasing urbanization and growing population in the region. Due to the growing population and rising income, the air traffic of the region has increased significantly in recent years. Hence, to cater to the increasing demand, the production of aircraft has also been increased, resulting in the growth of the aerospace adhesives and sealants market.

OEMs at the same time. PPG Industries Inc., 3M Company, Huntsman Corporation, Cytec Industries Inc., Hexcel Corporation, Henkel AG and Company, Solvay Group, United Resin Corporation, Royal Adhesive and Sealants, and Beacon Adhesives Inc. are some of the major players operating in the aerospace adhesives and sealants market.

Source: VynZ Research