Aircraft Tapes Market Analysis | 2023-2028

“The Aircraft Tapes Market was estimated at US$ 2.23 billion in 2022 and is expected to grow at a CAGR of 4.33% during 2023-2028 to reach US$ 2.88 billion by 2028.”

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Market Dynamics

Introduction

Aircraft tapes are basically thin films or sheets used for composite bonding, surface protection, high temperature masking, moisture barrier, painting & stripping, thermal insulations, and others in both interior and exterior applications of an aircraft.

As the aviation industry is focusing towards reducing the weight of an aircraft, tape plays a crucial role by eliminating fasteners and provides better aesthetic appearance. Aircraft tapes can be classified based on resin type into acrylic, rubber, silicone, and others. Most used backing materials of these tapes are paper/tissue, film, foam, glass cloth, and foil. Based on the application served, these tapes can be categorized as specialty and masking tapes.

Market Drivers

The prime factors that are driving the aircraft tapes market are increasing demand for lightweight and fuel-efficient aircraft, rising passenger traffic leading to increasing demand for commercial aircraft, replacement of old/aged aircraft, and upgradation and modernization of existing aircraft.

Segments Analysis

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By Resin Type

“The acrylic-based tape dominates the market during the forecast period.”

The market is segmented as acrylic, rubber, silicone, and others. The acrylic-based tape held the largest share of the market and is expected to remain dominant during the forecast period.

Acrylic-based tapes are firmer and more durable, further it offers excellent properties such as fast-curing time; excellent resistance to oxidation, temperature, and UV radiation; color stability, exceptional anti-aging properties, excellent water resistance, and good balance of adhesion and cohesion. Acrylic-based tapes are majorly used in aircraft interior applications.

By Backing Material Type

“The paper/tissue segment dominates the market during the forecast period.”

The aircraft tapes market is segmented as paper/tissue, film, foam, and others. The paper/tissue segment holds the largest share of the market and is also expected to witness healthy growth during the forecast period.

Paper/tissue tapes are environmental-friendly and available in a wide range of colors. These tapes are relatively thin, flexible, and smooth, leading to wide usage in the aircraft industry.

By Aircraft Type

“Commercial aircraft dominates the market during the forecast period.”

The market is segmented as commercial aircraft, regional aircraft, general aviation, military aircraft, and helicopters. Commercial aircraft is expected to remain the dominant segment of the market during the forecast period.

Rising passenger traffic across the globe, increasing demand for fuel-efficient aircraft, increasing production rate of best-selling aircraft (A320, B787, and A350 XWB), aging aircraft fleet size, and modernization of existing aircraft fleets are the major factors behind the dominance of the segment.

Regional Analysis

“North America is estimated to be the largest market for aircraft tapes during the forecast period.”

The USA is the manufacturing hub of the aerospace industry with presence of many OEMs, tier players, aircraft tape suppliers, distributors, and airlines.

Asia-Pacific is expected to remain the fastest-growing market for aircraft tapes during the forecast period, driven by the opening of assembly plants from Boeing and Airbus in China, upcoming indigenous aircraft programs (C919 and Mitsubishi MRJ), increasing defense budget of emerging economies such as China and India, and increasing aircraft fleet size.

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Key Players

The market is highly populated with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc.  

The following are the key players in the aircraft tapes market (arranged alphabetically).

• Advance Tapes International Ltd.,
• American Biltrite Inc.,
• Av-DEC, Inc.,
• Avery Dennison Corporation,
• Berry Global, Inc.,
• Can-Do National Tape, Inc.,
• Compagnie de Saint-Gobain S.A.,
• DeWAL Industries, Inc.,
• Fralock Innovative Materials Manufacturing & Automation,
• GERGONNE - The Adhesive Solution, Adhesives Research, Inc.,
• Intertape Polymer Group, Inc.,
• JTAPE Limited,
• Mask-Off Company, Inc.
• MBK Tape Solutions,
• Nitto Denko Corporation,
• Scapa Group plc,
• Shurtape Technologies, LLC,
• Stokvis Tapes Group B.V.,
• Tesa SE,
• The 3M Company,
• UltraTape

Note: The above list does not necessarily include all the top players in the market.

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Report Features

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This report offers high-quality insights and is the outcome of a 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 books, press releases, journals, investor presentations, 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 qualitative and quantitative insights.

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