The report covers the analysis of global as well as regional markets of Aerospace Adhesives and Sealants. Moreover, the report gives insights into the factors that affect the global as well as regional performance of the market in the short run and in the long run.

Pune, India -- (SBWire) -- 02/26/2018 --The report Aerospace Adhesives and Sealants Market by Technology (Waterborne, Solventborne and Other Technologies), Type (Epoxy, Silicone, Polyurenthane and Other Adhesives), Application (Commercial and Non-Commercial) - Global Industry Analysis, Trends analysis and Forecast up to 2024 studies the world as well as regional markets including North America, Europe, Asia Pacific and RoW (Including Latin America, Middle East and Africa), aerospace adhesives and sealants market is projected to grow at a CAGR of 5.5% over the forecast period of 2018 - 2024. Factors driving the growth of this market include increasing demand for aircraft in the military and commercial aviation sectors, increasing demand for adhesives in aerospace for structural bonding to provide tensile strength between components and increasing demand for adhesives and sealants in aerospace owing to high resistance to heat and chemical reactions.

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Epoxy is estimated to Account for the Largest Share of the Market in 2018

By type, the aerospace adhesives and sealants market are classified into epoxy, silicone, polyurenthane and other adhesives. The epoxy segment is expected to lead the global aerospace adhesives and sealants in 2018. Factors driving the growth of this segment include increasing adoption of epoxy resin owing to its properties such as protection against corrosive environment, chemical resistance as well physical properties and rising demand of epoxy resin due to their volatile organic compound combination.

Commercial Application is estimated to Command the Largest Share of the Market during the Forecast Period

Based on application, the aerospace adhesives and sealants market are categorized into commercial and non-commercial. The commercial segment is estimated to account for the largest share of the global aerospace adhesives and sealants market during the forecast period. Rising demand for commercial aircraft due to constant travelling coupled with rapid urbanization and high standard of living as well as due to high economic growth are the key factors driving the growth of this application segment.

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Asia Pacific is estimated to Command the Largest Share of the Market

Based on region, the aerospace adhesives and sealants market are segmented into North America, Europe, Asia, and the Rest of the World (RoW). Asia Pacific is expected to dominate the aerospace adhesives and sealants market in 2018. This is attributed to factors such as presence of large manufacturers of adhesives specifically China, India and Japan, growing demand for commercial aircrafts coupled with increasing disposable income and rising space exploration programs in the emerging economies of the region.

Companies Profiled Covered in this Report:

The report profiles some of the key companies in the aerospace adhesives and sealants market including Master Bond Inc, 3M Company, Huntsman Corporation, HEXCEL Corporation, Henkel AG, Solvay SA (Cytec industries Inc.), Beacon Adhesives Inc., Royal Adhesives and Sealants Inc, PPG Industries Inc, Arkema S.A. and Other companies.

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Report Highlights:

The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global aerospace adhesives and sealants market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of aerospace adhesives and sealants market.

Moreover, the study highlights current market trends and provides forecast from 2018 to 2024. We also have highlighted future trends in the aerospace adhesives and sealants market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the aerospace adhesives and sealants market to understand the present and future trends in this market and formulate their strategies accordingly.