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    Aerospace Tapes Market | Covid-19 Impact Analysis

    Aerospace Tapes Market | Covid-19 Impact Analysis

    Aerospace Tapes Market | Covid-19 Impact Analysis
    Report code - SRAD313 Delivery - 2 Weeks
    Aerospace Tapes Market Size, Share, Trend, Forecast, & Industry Analysis 
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    Impact of COVID-19 on Aerospace Tapes Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Aerospace Tapes Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Aerospace Tapes Market Insights

    Aerospace Tapes Market is likely to witness an impressive CAGR of 4.0% during the forecast period. Various government initiatives taken by China and India, high demand for lightweight and fuel-efficient aircraft, growing passenger demand, and replacement and modernization of old aircraft are the major factors driving the growth of the market for aerospace tapes during the forecast period.

    Aerospace Tapes Market - Snapshot

    Growth

    4.0% for the next five years

    Major Backing Material Type

    Paper/Tissue

    Dominant End-Use Industry Type

    Commercial Aviation

    Region with the highest demand

    North America

    Key Players

    The 3M Company, Nitto Denko Corporation, DeWAL Industries Inc

    Avery Dennison Corporation, Scapa Group Plc, Tesa SE,

    Intertape Polymer Group, Compagnie De Saint-Gobain,

    Berry Global Group, Inc., Advance Tapes International

     

    Market Share Analysis

    Aerospace-Tapes-Market-Dominant-Segments

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    Aerospace Tapes Market Share: By Resin Type

    Based on the resin type, the market is segmented as acrylic, rubber, silicone, and others. The acrylic segment is expected to remain dominant with its unique properties such as high shear strength, fast-curing time, excellent resistance to oxidation, temperature, and UV radiation; color stability, exceptional anti-aging properties, good balance of adhesion and cohesion, remarkable water resistance, and high peel strength. Acrylics find wide usage in erosion protection of aircraft leading edges, propellers, de-icer systems, and helicopter rotors, the bonding of carpet, floorings and galley mats in aircraft, overlay films for instructions, leaflets, and surface and paint protection, owing to their excellent adhesion property.

    Aerospace Tapes Market Share: By Backing Material Type

    Based on the backing material type, the market is segmented as paper/tissue, film, foam, and others. The paper/tissue segment is expected to hold the largest share of the market, governed by its properties such as good holding power, heat insulation, and temperature resistance. Its thin, flexible and smooth texture makes its suitable for aircraft manufacturing.

    Aerospace Tapes Market Share: By End-Use Industry Type

    Based on the end-use industry type, the aerospace tapes market is segmented as commercial aviation, military aviation, and general aviation. The commercial aviation segment commands the market, with the standard of living improving in developing economies, making the demand for air travel to grow. Wide and narrow-body aircraft deliveries are expected to drive most of the market growth, with regional jet demand lagging behind.

    Aerospace Tapes Market Share: By Region

    In terms of regions, North America is estimated to be the largest-growing aerospace tapes market during the forecast period, despite the maturity of the market, there is a demand for aerospace tapes in countries such as the US and Canada, owing to the presence of manufacturing facilities and distribution networks of the major players in the market. The growth of the market is driven by the growth of the aerospace industry in North America, which plays a crucial role in monitoring the performance and commercialization of aerospace tapes. The Mexican aerospace tapes market is smaller as compared with the US and Canada, but it is a rapidly growing market as aerospace is one of the largest industries of the country’s manufacturing sector.

    Aerospace-Tapes-Market-By-Region

    Know which region offers best growth opportunities. Click here

    Some of the major players in the aerospace tapes market are-

    • The 3M Company
    • Nitto Denko Corporation
    • DeWAL Industries Inc.
    • Avery Dennison Corporation
    • Scapa Group Plc
    • Tesa SE
    • Intertape Polymer Group
    • Compagnie De Saint-Gobain
    • Berry Global Group, Inc.
    • Advance Tapes International.

     

    Market Scope & Segmentation

    Aerospace tapes are made from resins of different types, such as acrylic, rubber, silicone, and others, that are used in various end-use industries, such as commercial aviation, military aviation, and general aviation.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Aerospace Tapes Market Research Report - Features

    Market Segmentation

    6

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The aerospace tapes market is segmented into the following categories. 

    Aerospace Tapes Market Size, Share, & Forecast, by Category Type:

    • Specialty (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Masking (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aerospace Tapes Market Size, Share, & Forecast, by Application Type:

    • Interior (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Exterior (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aerospace Tapes Market Size, Share, & Forecast, by Resin Type:

    • Acrylic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Rubber (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Silicone (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aerospace Tapes Market Size, Share, & Forecast, by Backing Material Type:

    • Paper/Tissue (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Film (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Foam (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aerospace Tapes Market Size, Share, & Forecast, by End-Use Industry Type:

    • Commercial Aviation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Military Aviation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • General Aviation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aerospace Tapes Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Aerospace-Tapes-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the resin types by end-use industry type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

     


    Frequently Asked Questions (FAQs)

    What will be the growth of Aerospace Tapes Market in the foreseeable future?

    Driven by the factors like high demand for lightweight and fuel-efficient aircraft and replacement and modernization of old aircraft, the aerospace tapes market in the foreseeable future.

    Who are the key players in the Aerospace Tapes Market?

    The 3M Company, Nitto Denko Corporation, DeWAL Industries Inc., Avery Dennison Corporation, Scapa Group Plc, Tesa SE, Intertape Polymer Group, Compagnie De Saint-Gobain, Berry Global Group, Inc., and Advance Tapes International are the key players in Aerospace Tapes Market.

    Which country/region is expected to remain the largest Aerospace Tapes Market?

    North America is expected to remain the largest aerospace tapes market in the coming years.

    Which type of resin is expected to remain dominant in the Aerospace Tapes Market?

    The acrylic segment is expected to remain dominant resin type in the aerospace tapes market in the next five years.

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