Aerospace Adhesives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Aerospace Adhesives Manufacturers and the market is segmented by Technology (Waterborne, Solvent-borne, and Reactive), Resin Type (Epoxy, Polyurethane, Silicone, and Other Resin Types), Function Type (Structural and Non-Structural), End-use (Original Equipment Manufacturer and Maintenance Repair and Operations), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The market size and forecasts for the Aerospace Adhesives Market are provided in terms of Revenue (USD million) for all the above segments.

Aerospace Adhesives Market Size

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Aerospace Adhesives Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR > 4.50 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration High

Major Players

Aerospace Adhesives Market Major Players

*Disclaimer: Major Players sorted in no particular order


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Aerospace Adhesives Market Analysis

The market for aerospace adhesives is expected to register a CAGR of more than 4.5% during the forecast period.

  • In 2020, the demand for aerospace adhesives declined due to the COVID-19 pandemic. However, the upsurge in aerospace production post-pandemic propelled the market growth.
  • Major factors driving the market studied are the increasing penetration of composites in aircraft manufacturing and increasing government spending on defense in the United States. Performance in extremely low temperatures and high vacuum environments is expected to hinder the market's growth.
  • The use of combined carbon nanotubes and nano additives with epoxy adhesives will act as an opportunity for the aerospace adhesives market. North America dominates the global market, with the largest consumption from countries like the United States and Canada.

Aerospace Adhesives Market Trends

This section covers the major market trends shaping the Aerospace Adhesives Market according to our research experts:

OEM End-User Industry to Dominate the Market

  • Epoxy resin is the most used adhesive in the aerospace industry. Epoxy resin in aerospace adhesives has good strength, does not produce volatiles during curing, and has low shrinkage. However, they can have low peel strength and flexibility and are brittle. Aerospace adhesives are used in a variety of places, such as lights, displays, AC, seats, fasteners, cockpit doors, and electronics, among others. These are used in bonding aircraft and airframe structures, such as structural components in the fuselage, control surfaces in wing flaps and tips, empennage components, composite fairings, cargo liners, landing gear doors, and floors.
  • In 2021, the United States contributed around USD 89.1 billion in aerospace exports, making it the leading country in terms of aerospace exports. Some of the top aerospace makers, including Boeing and Lockheed Martin, are based in this country.
  • Lockheed Martin is a leading aerospace, security, and military support-producing company and the largest defense contractor globally. For instance, between 2000 and 2021, the revenue of Lockheed Martin almost tripled, up from USD 25 billion in 2000 to roughly USD 67 billion in 2021.
  • In July 2022, four large Chinese airlines announced a bulk order of 292 aircraft from the European aircraft manufacturing giant Airbus, totaling USD 37.3 billion. Boeing predicted that Chinese airlines will buy 8600 new aircraft over the next 20 years, 6.3 percent higher than the 8090 predicted by Boeing last year, with a total value of USD 1.4 trillion. Boeing expects that demand for commercial aviation services in China will reach USD 1.7 trillion over the next 20 years.
  • The growing aerospace industry globally is expected to increase the applications of aerospace adhesives in the original equipment manufacturer (OEM) end-user industry.
Leading Countries with the Highest Aerospace Exports, in USD Billion, 2021

United States to Dominate the North American Market

  • The United States aerospace sector is the largest in the world, according to the US Bureau of Economic Analysis (BEA). The regional carrier fleet is forecasted to decline slightly. In contrast, the cargo carrier's large jet aircraft fleet is forecasted to increase due to the growth of freight Road Transport Management Systems (RTMS).
  • Strong exports of aerospace components to countries such as France, China, and Germany, along with the robust consumer spending in the United States, are driving the manufacturing activities in the aerospace industry.
  • In 2021, aerospace and defense industry exports rose by 11.2 percent to a total value of USD 100.4 billion. The US aerospace and defense industry exported to 205 countries. Canada's aerospace industry, the ninth-largest in the world, exports over 75% of its output, generates over USD 22 billion in GDP and leads all Canadian manufacturing sectors in research and development.
  • Canada has 5% of the worldwide sales in aerospace, while the province of Quebec alone has a 3% share. The United States and Canadian aerospace supply chains are highly integrated. Canada consistently ranks among the top five export markets for United States aerospace goods. Canada exported around 56.6% of goods from the aircraft, engine, and parts manufacturing industry to the United States in 2021.
Aerospace Adhesives Market - CAGR by Region, 2023-2028

Aerospace Adhesives Industry Overview

The aerospace adhesives market is consolidated. The major players include Henkel AG & Co. KGaA, Cytec Solvay Group, 3M, Hexcel Corporation, and Huntsman International LLC, among others.

Aerospace Adhesives Market Leaders

  1. Henkel AG & Co. KGaA

  2. 3M

  3. Hexcel Corporation

  4. Huntsman International LLC

  5. Solvay

*Disclaimer: Major Players sorted in no particular order

Market Concentration - Aerospace Adhesives Market.png
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Aerospace Adhesives Market News

  • July 2022: Hexcel Corporation joined Spirit AeroSystems Europe in a strategic collaboration at its Aerospace Innovation Centre (AIC) to develop more sustainable aircraft manufacturing technologies for future aircraft production.
  • March 2022: Solvay and Wichita State University's National Institute for Aviation Research (NIAR) announced a partnership on research and materials development at NIAR's facilities in Wichita, Kansas. The partnership is aimed at developing future solutions to bolster the aviation industry and create opportunities for companies of all sizes to revolutionize the future of flight.

Aerospace Adhesives Market Report - Table of Contents


    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study




    1. 4.1 Drivers

      1. 4.1.1 Increasing Penetration of Composites in Aircraft Manufacturing

      2. 4.1.2 Increasing Government Spending On Defense in the United States

      3. 4.1.3 Rising Demand for Aircraft in Asia-Pacific and Middle-East

    2. 4.2 Restraints

      1. 4.2.1 Poor Performance in Extremely Low Temperature and High Vacuum Environment

    3. 4.3 Industry Value-Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION (Market Size in Value)

    1. 5.1 Technology

      1. 5.1.1 Waterborne

      2. 5.1.2 Solvent-borne

      3. 5.1.3 Reactive

    2. 5.2 Resin Type

      1. 5.2.1 Epoxy

      2. 5.2.2 Polyurethane

      3. 5.2.3 Silicone

      4. 5.2.4 Other Resin Types

    3. 5.3 Function type

      1. 5.3.1 Structural

      2. 5.3.2 Non-Structural

    4. 5.4 End-use

      1. 5.4.1 Original Equipment Manufacturer (OEM)

      2. 5.4.2 Maintenance Repair and Operations (MRO)

    5. 5.5 Geography

      1. 5.5.1 Asia-Pacific

        1. China

        2. India

        3. Japan

        4. South Korea

        5. Australia and New Zealand

        6. Rest of Asia-Pacific

      2. 5.5.2 North America

        1. United States

        2. Canada

        3. Mexico

      3. 5.5.3 Europe

        1. Germany

        2. United Kingdom

        3. Italy

        4. France

        5. Spain

        6. Rest of Europe

      4. 5.5.4 South America

        1. Brazil

        2. Argentina

        3. Rest of South America

      5. 5.5.5 Middle-East and Africa

        1. Saudi Arabia

        2. South Africa

        3. Rest of Middle-East and Africa


    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share (%)**/Ranking Analysis

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 3M Company

      2. 6.4.2 Arkema Group (Bostik SA)

      3. 6.4.3 Avery Dennison Corporation

      4. 6.4.4 Beacon Adhesives Inc.

      5. 6.4.5 Solvay

      6. 6.4.6 DELO Industrie Klebstoffe GmbH & Co. KGaA

      7. 6.4.7 Dymax Corporation

      8. 6.4.8 Henkel AG & Company KGaA

      9. 6.4.9 Hernon Manufacturing Inc.

      10. 6.4.10 Hexcel Corporation

      11. 6.4.11 Huntsman International LLC

      12. 6.4.12 Hybond

      13. 6.4.13 Hylomar Group

      14. 6.4.14 L&L Products

      15. 6.4.15 LORD Corporation

      16. 6.4.16 Master Bond Inc.

      17. 6.4.17 Parson Adhesives Inc.

      18. 6.4.18 Permabond LLC

      19. 6.4.19 PPG Industries Inc.

      20. 6.4.20 Royal Adhesives & Sealants

    5. *List Not Exhaustive

    1. 7.1 Use of Combined Carbon Nanotubes and Nanoadditives with Epoxy Adhesives

    2. 7.2 Various Upcoming Space Exploration Programs

**Subject to Availability
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Aerospace Adhesives Industry Segmentation

Aerospace adhesives differ from regular adhesives since adhesives used in the aerospace industry are exposed to higher temperatures and higher-pressure gradients over their lifetime. Adhesives for aerospace use are typically applied in the form of paste or film. The properties of adhesives are tailored to the needs of the aerospace industry. It is used throughout the interior, exterior, and engine compartments of aircraft. 

The aerospace adhesives market is segmented into technology, resin type, function type, end-use, and geography. By technology, the market is segmented into waterborne, solvent-borne, and reactive. By resin type, the market is segmented into epoxy, polyurethane, silicone, and other resin types. Based on function type, it is segmented into structural and non-structural. By end-use, the market is segmented into original equipment manufacturer and maintenance repair and operations. The report also covers the market size and forecasts for the aerospace adhesives market in 17 countries across major regions. 

The market sizing and forecasts for each segment have been done on the basis of value (USD Million).

Resin Type
Other Resin Types
Function type
Original Equipment Manufacturer (OEM)
Maintenance Repair and Operations (MRO)
South Korea
Australia and New Zealand
Rest of Asia-Pacific
North America
United States
United Kingdom
Rest of Europe
South America
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Aerospace Adhesives Market Research FAQs

The Aerospace Adhesives Market is projected to register a CAGR of greater than 4.5% during the forecast period (2024-2029)

Henkel AG & Co. KGaA, 3M, Hexcel Corporation, Huntsman International LLC and Solvay are the major companies operating in the Aerospace Adhesives Market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the North America accounts for the largest market share in Aerospace Adhesives Market.

The report covers the Aerospace Adhesives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Aerospace Adhesives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Aerospace Adhesives Industry Report

Statistics for the 2024 Aerospace Adhesives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Aerospace Adhesives analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Aerospace Adhesives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)