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Aerospace Tapes Market Report
The Aerospace Tapes Market is Segmented by Category Type (Specialty, Masking), by Application Type (Interior, Exterior), by Resin Type (Acrylic, Rubber, Silicone, and Others), by Backing Material Type...
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy 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 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.
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Aerospace Tapes Market - Snapshot |
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Growth |
4.0% for the next five years |
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Major Backing Material Type |
Paper/Tissue |
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Dominant End-Use Industry Type |
Commercial Aviation |
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Region with the highest demand |
North America |
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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 |
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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.
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.
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.
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.
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Some of the major players in the aerospace tapes market are-
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.
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Aerospace Tapes Market Research Report - Features |
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Market Segmentation |
6 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The aerospace tapes market is segmented into the following categories.
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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.
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:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
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].
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.
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.
North America is expected to remain the largest aerospace tapes market in the coming years.
The acrylic segment is expected to remain dominant resin type in the aerospace tapes market in the next five years.
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