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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
North America Aerospace Adhesives & Sealants Market: By Resin Type, By Technology, By Application, and Geography
North America Aerospace Adhesives & Sealants Market: By Resin Type, By Technology, By Application, and Geography
The North America Aerospace Adhesives & Sealants market estimated to be valued US$ XX Mn in 2023 and poised to grow at significant CAGR over 2024-2030. Aerospace adhesives & sealants is expected to augment a significant growth owing to its flourishing demand in aerospace end-user industry. Astonishing lifestyle of consumers tied with high disposable income is anticipated to boost the demand for aerospace adhesives & sealants which in turn upsurges the growth of market. Furthermore, civil aerospace industry is projected to grow at a persistent rate of XX% over the forecast period. In addition, extensive R&D by space research organizations and rising demand for military aircrafts is expected to inflate the market growth.
However, the high cost associated in the development of aerospace adhesives and sealants and increasing concern for the eco-friendly products hinders the growth of market. In addition, North America market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed North America market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the North America market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in North America aerospace adhesives & sealants products.
The commercial segment accounted for the largest revenue share in the market. The growth in the demand for air travel due to increasing disposable income of the middle-class population is expected to generate a demand for aerospace adhesives and sealants for commercial application. Over the past years, there has been a substantial increase in air traffic in various regions due to inexpensive fares offered by low-cost airlines. This intensification in air traffic leads to an upswing demand for newer aircraft and associated services, which in turn is expected to fuel the aerospace adhesive & sealants market. Air travel today remains a vibrant market. Wide body passenger airplane and freighter deliveries make up over XX% of the market value. Airbus, Boeing business jets, and Dassault Falcon are the leading consumers of aerospace adhesives and sealants market.
North America is estimated to hold a dominant share in terms of revenue. This can be attributed due to the extensive R&D investments for the procreation of aerospace adhesives and sealants by the government coupled with mounting demand from major original equipment manufacturers (OEMs) and maintenance, repair and operations (MROs) for aerospace adhesives and sealants in countries the region. The US is expected to be the forerunner in this region due to increasing commercial air fleet in this country, owing to the growth in air cargo.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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By Resin Type |
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By Technology |
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By Application |
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By Country |
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2023 is the base year and 2030 is the forecast year.
The North America Aerospace Adhesives & Sealants Market data: North America (United States, Canada)
The North America Aerospace Adhesives & Sealants Market key players are 3M , Henkel AG & Co. KGaA , Huntsman International LLC., PPG Industries Inc. Cytec Solvay Group
| 1.Executive Summary |
| 2. North America Aerospace Adhesives And Sealants Market Introduction |
| 2.1. North America Aerospace Adhesives And Sealants Market - Taxonomy |
| 2.2. North America Aerospace Adhesives And Sealants Market - Definitions |
| 2.2.1.Resin Type |
| 2.2.2.Technology |
| 2.2.3.Application |
| 2.2.4.Country |
| 3. North America Aerospace Adhesives And Sealants Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. North America Aerospace Adhesives And Sealants Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. North America Aerospace Adhesives And Sealants Market By Resin Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Epoxy |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Silicone |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. PU |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6. North America Aerospace Adhesives And Sealants Market By Technology, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Solvent-based |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Water-based |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7. North America Aerospace Adhesives And Sealants Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Commercial |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Military |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. General Aviation |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 8. North America Aerospace Adhesives And Sealants Market By Country, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. United States of America (USA) |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Canada |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 9. Competition Landscape |
| 9.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 9.2.1.3M |
| 9.2.2.Henkel AG & Co. KGaA |
| 9.2.3.Huntsman International LLC. |
| 9.2.4.PPG Industries Inc. |
| 9.2.5.Cytec Solvay Group |
| 10. Research Methodology |
| 11. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.