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Jan. 24, 2020, 1:29 a.m. EST

Future Scope of Aerospace Adhesives & Sealants Market Expects to See Significant Growth during 2019-2026: Top Manufacturers – Beacon Adhesives, 3M, Cytec-Solvay Group, Bostik, Dowdupont, etc.

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Jan 24, 2020 (AmericaNewsHour) -- The global aerospace adhesives & sealants market is forecast to reach USD 1.14 Billion by 2026, according to a new report by Reports and Data. The increased demand for commercial and military aircraft coupled with the rising population and their increasing disposable incomes will fuel the growth of the market.

Avail a Sample to know more about the complete Report @ https://www.reportsanddata.com/sample-enquiry-form/1706

Key participants include Beacon Adhesives, 3M, Cytec-Solvay Group, Bostik (Arkema), Dowdupont, Delo Industrial Adhesives, General Sealants, Dymax Corporation, Henkel, H.B. Fuller, Hexcel Corporation, Hernon Manufacturing, Hylomar Limited, Huntsman Corporation, L&L Products, Illinois Tool Works Inc., Master Bond, Lord Corporation, Permabond, Parson Adhesives, Scigrip Adhesives, PPG, The Reynolds Company, Sika, and Uniseal, among others.

Scope of the Report:

The aerospace industry utilizes aircraft that need to function at peak performance levels in environments with extreme temperatures and pressures. Because of these constraints, aerospace technologies, materials, and tools must perform at high-level. Aerospace adhesives are used in aircraft construction as well as maintenance on a wide variety of aerospace parts, including panels, pipes, tools, and fixtures.

Further key findings from the report suggest

  • Among the product types, sealants account for a larger market share of ~56% in the year 2018. The adhesives segment is anticipated to witness a higher CAGR of 5.6% during the forecast period. The products are further classified into reactive and non-reactive adhesives & sealants, which indicates the reaction of the adhesive to certain chemicals.

  • The epoxy resins account for the largest market share of ~35% in the year 2018. The silicone resins are anticipated to witness a higher CAGR of 7.4% during the forecast period.

  • The epoxy adhesives are suitable for a wide range of substrates, including plastic, metal, wood & wood products, glass & ceramic, and rubber. On the other hand, the silicone resins aircraft resist water and other chemicals and thus can be used for sealing gaskets and engines in the aerospace industry.

  • North America held the largest market share of ~30% in the year 2018, owing to the propelling aerospace and defense industry. The rising investments in research and development of adhesive technologies are responsible for some of the major developments in the consumer electronics market, which has positively impacted the overall market.

To avail this report at great discount rates, click here @ https://www.reportsanddata.com/discount-enquiry-form/1706

For this report, Reports and Data have segmented into the global aerospace adhesives & sealants market on the basis of product type, aircraft type, resin type, technology, end-user, aviation industry, and region:

Product Type Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)

  • Adhesive

  • Sealant

Aircraft Type Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)

  • Single Aisle 

  • Regional Jets 

  • Small Wide Body 

  • Medium Wide Body 

  • Large Wide Body

Resin Type Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)

  • Epoxy

  • Silicon

  • Polyurethane (PU)

  • Others

Technology Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)

  • Solvent-based

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