The epoxy segment in the global aerospace adhesives and sealants market is estimated to account for a majority revenue share of 35.5% in 2017. The first five-year cumulative revenue (2017–2021) of this segment is projected to be US$ 3,889.1 Mn, compared to a moderately higher cumulative revenue total of US$ 5,139.5 Mn for the latter five years of the forecast period (2022–2026)
An adhesive is a substance used to stick or bond objects, items, parts, materials etc. Aerospace adhesives are interchangeably used for glue, fixative, cement, binder, etc., and are used to assemble dissimilar materials of heavy weights, without screws, bolts, nuts, etc. Choice of adhesives is more important than design and composite materials alone. Aerospace adhesives help improve uniform distribution of stresses and strains across bonded joints. It also helps strengthen and integrate parts of aircrafts by leaving no holes, rivets, or fastening elements to weaken the structure.
Companies profiled in the report are PPG Industries Inc., 3M Company, Royal Adhesives and Sealants, Cytec Industries Inc., Huntsman Corporation, United Resin Corporation, Hexcel Corporation, Beacon Adhesives Inc., Henkel AG and Company, Solvay S.A.