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Aircraft Tapes Market Report
Aircraft Tapes Market Size, Share, Trend, Forecast, & Industry Analysis
The Aircraft Tapes Market is Segmented by Resin Type (Acrylic, Rubber, Silicone, and Others), by Backing Material Type (Paper/Tissue, Film, Foam, and Others), by Category Type (Specialty, Masking) by Application Type ...
Aircraft Tapes Market is likely to witness a CAGR of 4.7% during the forecast period. 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/aging aircraft, and upgradation and modernization of existing aircraft.
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Aircraft Tapes Market - Snapshot |
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Growth |
4.7% for the next five years |
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Major Resin Type |
Acrylic-based tapes |
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Backing Material Type |
Paper/Tissue |
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Major Aircraft Type |
Commercial Aircraft |
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Region with the highest demand |
North America |
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Key Players |
The 3M Company, Nitto Denko Corporation, Avery Dennison Corporation, Tesa SE, Scapa Group plc, Intertape Polymer Group, Compagnie de Saint-Gobain S.A., Berry Global Inc., Advance Tapes International Ltd., and DeWAL Industries, Inc. |
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Based on the resin type, the market is segmented as acrylic, rubber, silicone, and others. The acrylic-based tape held the largest share of the market in 2019, 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.
Based on the backing material type, 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 a 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 their wide usage in the aircraft industry.
Based on the aircraft type, 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.
In terms of regions, 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 a large number of 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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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 also provides better aesthetic appearance. Aircraft tapes can be classified based on resin type into acrylic, rubber, silicone, and others. Most commonly 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.
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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Aircraft Tapes Market Research Report - Features |
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|---|---|
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Market Segmentation |
6 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
15 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The aircraft tapes market is segmented into the following categories.
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Some of the major suppliers of aircraft tapes are The 3M Company, Nitto Denko Corporation, Avery Dennison Corporation, Tesa SE, Scapa Group plc, Intertape Polymer Group, Inc., Compagnie de Saint-Gobain S.A., Berry Global, Inc., Advance Tapes International Ltd., Stokvis Tapes Group B.V., Shurtape Technologies, LLC, DeWAL Industries, Inc., MBK Tape Solutions, GERGONNE - The Adhesive Solution, Adhesives Research, Inc., American Biltrite Inc., Can-Do National Tape, Inc., Av-DEC, Inc., JTAPE Limited, Fralock Innovative Materials Manufacturing & Automation, UltraTape, and Mask-Off Company, Inc.
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 sales@stratviewresearch.com.
Driven by the factors like increasing demand for lightweight and fuel-efficient aircraft, the aircraft tapes market is expected to witness an impressive growth of 4.7% CAGR in the foreseeable future.
The 3M Company, Nitto Denko Corporation, Avery Dennison Corporation, Tesa SE, Scapa Group plc, Intertape Polymer Group, Inc., Compagnie de Saint-Gobain S.A., Berry Global, Inc., Advance Tapes International Ltd., Stokvis Tapes Group B.V., Shurtape Technologies, LLC, DeWAL Industries, Inc., MBK Tape Solutions, GERGONNE - The Adhesive Solution, Adhesives Research, Inc., American Biltrite Inc., Can-Do National Tape, Inc., Av-DEC, Inc., JTAPE Limited, Fralock Innovative Materials Manufacturing & Automation, UltraTape, and Mask-Off Company, Inc. are among the key players in the aircraft tapes market.
North America is estimated to be the largest market for aircraft tapes during the next five years.
The acrylic-based tape is expected to remain dominant in the aircraft tapes market in the coming years.
The paper/tissue segment is expected to witness healthy growth in the aircraft tapes market during the next five years.
Commercial aircraft is expected to remain the dominant in the aircraft tapes market in the coming years.
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