Press release
Aerospace Adhesives & Sealants Market worth $1,008 million by 2023 | Key Players include 3M, Henkel AG & Co. KGaA, Huntsman International LLC., PPG Industries Inc., and Cytec Solvay Group
According to recent market research "Aerospace Adhesives & Sealants Market by Resin Type (Epoxy, Silicone, PU), Technology (Solvent-based, Water-based), End-use Industry (Commercial, Military, General Aviation), User Type (OEM, MRO), Aircraft Type, and Region - Global Forecast to 2023", The global aerospace adhesives & sealants market is projected to grow from USD 775 million in 2018 to USD 1,008 million by 2023, at a CAGR of 5.4%.
Browse 91 market data Tables and 39 Figures spread through 154 Pages and in-depth TOC on "Aerospace Adhesives & Sealants Market - Global Forecast to 2023"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/aerospace-adhesive-sealant-market-218715849.html
Aerospace adhesives & sealants are used in the interior, exterior, and engine compartment of an aircraft. Adhesives are applied on the surface of the substrate of an aircraft which helps to bind together and eliminate corrosion when associated with metals. They play an important role in joining aluminum, titanium, and other metals as weight reduction is an important concern for aircraft manufacturers. Sealants are used to seal aircraft parts where surface preparation and adhesion promoters are the key elements in the aircraft sealing procedure.
The aerospace adhesives & sealants market size is estimated at USD 775 million in 2018 and is projected to reach USD 1,008 million by 2023, at a CAGR of 5.4%. The demand for aerospace adhesives & sealants is driven by the focus of OEMs to manufacture lightweight and fuel-efficient aircraft. Moreover, the growth of the aerospace industry due to the increasing air traffic in the emerging economies is driving the demand for aerospace adhesives & sealants.
For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=218715849
The aerospace adhesives & sealants market size is estimated at USD 775 million in 2018 and is projected to reach USD 1,008 million by 2023, at a CAGR of 5.4%. The demand for aerospace adhesives & sealants is driven by the focus of OEMs to manufacture lightweight and fuel-efficient aircraft. Moreover, the growth of the aerospace industry due to the increasing air traffic in the emerging economies is driving the demand for aerospace adhesives & sealants.
The major players operating in the aerospace adhesives & sealants market include 3M (US), Henkel AG & Co. KGaA (Germany), Huntsman International LLC. (US), PPG Industries Inc. (US), and Cytec Solvay Group (Belgium). The key growth strategies adopted by these companies include investment & expansion, merger & acquisition, and new product launch.
3M (US) and Huntsman International LLC. (US) are the two major players in the aerospace adhesives & sealants market. These two players have majorly adopted merger & acquisition and investment & expansion as key strategies for growth.
Get FREE 10% Customization @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=218715849
3M is one of the important players in the aerospace adhesives & sealants market due to its global distribution capabilities and strong financial background to strengthen its product portfolio and market position. The company strategically focuses on organic growth to drive efficiencies of the adhesives business. In May 2017, the company invested USD 40 million in the expansion of its operations in Missouri, US. Through this expansion, the company produces industrial adhesives and tapes for the aerospace industry and other heavy industrial customers, globally. It also focuses on technological advancement to provide custom solutions and develop new products.
Huntsman International LLC. holds a strong position for its strong product portfolio and new product launches. It mainly focuses on organic growth strategies. In November 2017, the company inaugurated a campus of downstream formulations facility for its polyurethanes business in Shanghai, China. This development has helped the company to enhance innovation in polyurethane-based adhesives for various application in APAC. In May 2017, the company merged with Clariant (Switzerland) to enable the development of new products as well as to deliver superior returns and drive shareholder value.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
newsletter@marketsandmarkets.com
Browse 91 market data Tables and 39 Figures spread through 154 Pages and in-depth TOC on "Aerospace Adhesives & Sealants Market - Global Forecast to 2023"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/aerospace-adhesive-sealant-market-218715849.html
Aerospace adhesives & sealants are used in the interior, exterior, and engine compartment of an aircraft. Adhesives are applied on the surface of the substrate of an aircraft which helps to bind together and eliminate corrosion when associated with metals. They play an important role in joining aluminum, titanium, and other metals as weight reduction is an important concern for aircraft manufacturers. Sealants are used to seal aircraft parts where surface preparation and adhesion promoters are the key elements in the aircraft sealing procedure.
The aerospace adhesives & sealants market size is estimated at USD 775 million in 2018 and is projected to reach USD 1,008 million by 2023, at a CAGR of 5.4%. The demand for aerospace adhesives & sealants is driven by the focus of OEMs to manufacture lightweight and fuel-efficient aircraft. Moreover, the growth of the aerospace industry due to the increasing air traffic in the emerging economies is driving the demand for aerospace adhesives & sealants.
For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=218715849
The aerospace adhesives & sealants market size is estimated at USD 775 million in 2018 and is projected to reach USD 1,008 million by 2023, at a CAGR of 5.4%. The demand for aerospace adhesives & sealants is driven by the focus of OEMs to manufacture lightweight and fuel-efficient aircraft. Moreover, the growth of the aerospace industry due to the increasing air traffic in the emerging economies is driving the demand for aerospace adhesives & sealants.
The major players operating in the aerospace adhesives & sealants market include 3M (US), Henkel AG & Co. KGaA (Germany), Huntsman International LLC. (US), PPG Industries Inc. (US), and Cytec Solvay Group (Belgium). The key growth strategies adopted by these companies include investment & expansion, merger & acquisition, and new product launch.
3M (US) and Huntsman International LLC. (US) are the two major players in the aerospace adhesives & sealants market. These two players have majorly adopted merger & acquisition and investment & expansion as key strategies for growth.
Get FREE 10% Customization @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=218715849
3M is one of the important players in the aerospace adhesives & sealants market due to its global distribution capabilities and strong financial background to strengthen its product portfolio and market position. The company strategically focuses on organic growth to drive efficiencies of the adhesives business. In May 2017, the company invested USD 40 million in the expansion of its operations in Missouri, US. Through this expansion, the company produces industrial adhesives and tapes for the aerospace industry and other heavy industrial customers, globally. It also focuses on technological advancement to provide custom solutions and develop new products.
Huntsman International LLC. holds a strong position for its strong product portfolio and new product launches. It mainly focuses on organic growth strategies. In November 2017, the company inaugurated a campus of downstream formulations facility for its polyurethanes business in Shanghai, China. This development has helped the company to enhance innovation in polyurethane-based adhesives for various application in APAC. In May 2017, the company merged with Clariant (Switzerland) to enable the development of new products as well as to deliver superior returns and drive shareholder value.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
newsletter@marketsandmarkets.com
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