Aerospace Tapes Market

Aerospace Tapes Market Size (2023-2028)

The Aerospace Tapes Market size is estimated to develop at a moderate compound annual growth rate of 6.0% over the conjecture period 2023-2028

Aerospace tapes have excellent resistance to fluids, chemicals, abrasion, Ultraviolet light (UV), and high temperatures, to offer solutions for a range of aerospace tape applications. Acrylic is extensively employed in developing aerospace tapes owing to its physical & chemical properties, and affordable prices. There are a variety of aerospace tapes available concerned with buying, selling, and making a profit which includes low outgassing material tapes, anti-high friction materials, long and short-term surface protection, specialty masking tapes means specific designs that enhance particular capabilities of the adhesive tape, glass cloth sealing tapes, sound dampening foil tapes, thermal management tapes, and others. These tapes provide advanced bonding and conductive properties in an easier and hassle-free format. Aerospace tapes are used in various industries such as military and other flying machines for the purposes of conducting commercial aviation, and general aviation.

They offer extremely good resistance to chemicals, fluids, abrasion, Ultraviolet light, and high temperatures in the aviation industry. Tape materials, which are approved by the military in North Atlantic Treaty Organization and defense, are likely to meet the critical and high-performance needs of aviation.

They are available for pressure-sensitive adhesive solutions for sound/vibration damping, bonding, and protection of parts in the aerospace tapes industry. They are utilized in new plan construction and also in aircraft renovation and redecoration.

Aerospace Tapes Market Drivers & Restraints:

The market has witnessed sufficiently great growth owing to factors like increasing demand for lightweight and more fuel-efficient aircraft coupled with increasing demand for passenger aircraft in becoming apparent regions like Europe and the Asia Pacific (APAC) region. The huge market opportunity for the key players operating in the aerospace tapes market is because of the rising influence of low-cost airlines, along with the emergence of aircraft manufacturers in the Asia Pacific and South America. However, reduced defense spending in developed economies is estimated to hamper the growth of the market in the outlook period.

The market is also supported by the increasing government initiatives in nations like China and India, which is credited to the rising need for lightweight and fuel-efficient aircraft. The aerospace industry in China is witnessing a sufficiently great impact because of government support for the aerospace sector. The demand for the aerospace tapes market is also increasing because of population growth and also passenger aircraft in becoming apparent or prominent regions and replacing of old aircraft with new advanced aircraft. The driving usage of aerospace tapes from the commercial industry compared to general and military aviation industries is supporting this business.

AEROSPACE TAPES MARKET REPORT COVERAGE

Aerospace Tapes Market is segmented into the following categories until 2028.

Aerospace Tapes Market - By Resin Type:

• Acrylic

• Rubber

• Silicone

• Others (EVA, butyl)

The characteristics of the acrylics-based segment are fast-curing time; extremely good resistance to oxidation, temperature, and Ultra Violet light radiation; color stability; exceptional anti-aging properties; good balance of adhesion and cohesion; extremely good water resistance; and highly peel tack, and shear strength. Acrylic aerospace tapes are widely used in the aerospace industry, owing to its extremely good adhesion properties in the bonding of carpet, floorings, and galley mats in aircraft, overlay film means the Overlapping of different shots, effects for instructions, leaflets, surfaces, and paint protection, and erosion protection of aircraft leading edges, propellers, de-icer systems, and helicopter rotors.

Aerospace Tapes Market - By Backing Material:

• Paper/tissue

• Film

• Foam

• Others (foil, glass cloth, and cloth)

Paper/tissue backing material recorded the most substantial share in the global aerospace tapes market in the previous years. These tapes have a wide range of applications as they are made from crepe paper and rubber adhesive coating. These aerospace tapes are environmentally friendly and are available in a different range of colors.

Aerospace Tapes Market – By End-use:

• Commercial aviation
• Military aviation
• General aviation

On the basis of end-use industries, aerospace tapes are in rising demand from the commercial aviation industry compared to military and general aviation industries. The end-use industry segment of commercial aviation is leading the global aerospace tapes market.

Aerospace Tapes Market - By Region:

• North America

• Europe

• Asia Pacific 

• Latin America

• Middle East and Africa 

Despite the maturity of the market, there is a demand from both the United States and Canada because of the presence of manufacturing facilities and distribution networks of the major market players region. The North American market is extremely regulated in the aerospace business, which plays a crucial role in improving the performance and commercialization of the aerospace tapes market. In Mexico, the aerospace tapes market is smaller than that in the United States (US) and Canada, but it is a rapidly growing market for aerospace tapes. According to Boeing, there will be a demand for seven thousand two hundred and ninety airplanes in the next fifteen years in North America. According to Bombardier, North America will require three thousand six hundred and fifty aircraft in the next fifteen years. This is estimated to boost the demand for aerospace tapes in the region.

Aerospace Tapes Market Key Market Players:

1. 3M Company (US),

2. Nitto Denko Corporation (Japan),

3. Avery Dennison Corporation (US),

4. Tesa SE (Germany),

5. Scapa Group plc (UK),

6. Intertape Polymer Group (Canada),

7. Compagnie de Saint-Gobain S.A. (France),

8. Berry Global, Inc. (US),

9. Advance Tapes International (UK),

10. Stokvis Tapes BV (Netherlands),

11. Shurtape Technologies,

12. LLC (US),

13. DeWAL Industries (US),

14. MBK Tape Solutions (US),