Product ID: UCMIG15E2400
Report ID:
UCMIG15E2400 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2016, the global market for aviation adhesives and sealants reached a valuation of USD 685.8 million. This growth can be attributed to factors such as the increasing demand for lightweight and fuel-efficient aircraft, the need for strong bonding and sealing solutions in aerospace applications, and the continuous advancements in adhesive and sealant technologies. With a projected compound annual growth rate (CAGR) of over 6.2% over the forecast period, the aviation adhesives and sealants market is expected to witness significant expansion, driven by the growing aviation industry, stricter safety and performance regulations, and the ongoing focus on reducing maintenance costs and enhancing aircraft durability and reliability.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Specialty Chemicals by segment aggregation, the contribution of the Specialty Chemicals in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG15E2400