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Aerospace Tape Trends and Forecast
The future of the global aerospace tape market looks promising with opportunities in the commercial aviation, military aviation, and general aviation markets. The global aerospace tape market is expected to reach an estimated $2.7 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are rising need for lightweight and fuel-efficient aircrafts, growing demand for passenger aircraft in developing regions, and increasing demand for renewal and upgradation of aircrafts.
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Aerospace Tape by Segment
The study includes a forecast for the global aerospace tape by resin type, backing material, end use, and region.
Aerospace Tape Market by Resin Type [Shipment Analysis by Value from 2018 to 2030]:
• Acrylic
• Rubber
• Silicone
• Others
Aerospace Tape Market by Backing Material [Shipment Analysis by Value from 2018 to 2030]:
• Paper/Tissue
• Film
• Foam
• Others
Aerospace Tape Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Commercial Aviation
• Military Aviation
• General Aviation
Aerospace Tape Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Aerospace Tape Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aerospace tape companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aerospace tape companies profiled in this report include-
• 3M
• Nitto Denko
• Avery Dennison
• Tesa
• Scapa
• Intertape Polymer
• Compagnie de Saint-Gobain
• Berry Global
• Advance Tapes
• Stokvis Tapes
Aerospace Tape Market Insights
Lucintel forecasts that acrylic will remain the largest segment over the forecast period due to its superior strength, durability, and resistance to harsh conditions common in aircraft.
Within this market, commercial aviation is expected to witness the highest growth over the forecast period.
North America will remain the largest region over the forecast period due to existence of the key manufacturers and distribution systems in the region.
Features of the Global Aerospace Tape Market
Market Size Estimates: Aerospace tape market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Aerospace tape market size by resin type, backing material, end use, and region in terms of value ($B).
Regional Analysis: Aerospace tape market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different resin types, backing materials, end uses, and regions for the aerospace tape market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the aerospace tape market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the aerospace tape market size?
Answer: The global aerospace tape market is expected to reach an estimated $2.7 billion by 2030.
Q2. What is the growth forecast for aerospace tape market?
Answer: The global aerospace tape market is expected to grow with a CAGR of 5.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the aerospace tape market?
Answer: The major drivers for this market are rising need for lightweight and fuel-efficient aircrafts, growing demand for passenger aircraft in developing regions, and increasing demand for renewal and upgradation of aircrafts.
Q4. What are the major segments for aerospace tape market?
Answer: The future of the aerospace tape market looks promising with opportunities in the commercial aviation, military aviation, and general aviation markets.
Q5. Who are the key aerospace tape market companies?
Answer: Some of the key aerospace tape companies are as follows:
• 3M
• Nitto Denko
• Avery Dennison
• Tesa
• Scapa
• Intertape Polymer
• Compagnie de Saint-Gobain
• Berry Global
• Advance Tapes
• Stokvis Tapes
Q6. Which aerospace tape market segment will be the largest in future?
Answer: Lucintel forecasts that acrylic will remain the largest segment over the forecast period due to its superior strength, durability, and resistance to harsh conditions common in aircraft.
Q7. In aerospace tape market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to existence of the key manufacturers and distribution systems in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the aerospace tape market by resin type (acrylic, rubber, silicone, and others), backing material (paper/tissue, film, foam, and others), end use (commercial aviation, military aviation, and general aviation), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Aerospace Tape Market, Aerospace Tape Market Size, Aerospace Tape Market Growth, Aerospace Tape Market Analysis, Aerospace Tape Market Report, Aerospace Tape Market Share, Aerospace Tape Market Trends, Aerospace Tape Market Forecast, Aerospace Tape Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Aerospace Tape Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Aerospace Tape Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Aerospace Tape Market by Resin Type
3.3.1: Acrylic
3.3.2: Rubber
3.3.3: Silicone
3.3.4: Others
3.4: Global Aerospace Tape Market by Backing Material
3.4.1: Paper/Tissue
3.4.2: Film
3.4.3: Foam
3.4.4: Others
3.5: Global Aerospace Tape Market by End Use
3.5.1: Commercial Aviation
3.5.2: Military Aviation
3.5.3: General Aviation
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Aerospace Tape Market by Region
4.2: North American Aerospace Tape Market
4.2.2: North American Aerospace Tape Market by End Use: Commercial Aviation, Military Aviation, and General Aviation
4.3: European Aerospace Tape Market
4.3.1: European Aerospace Tape Market by Resin Type: Acrylic, Rubber, Silicone, and Others
4.3.2: European Aerospace Tape Market by End Use: Commercial Aviation, Military Aviation, and General Aviation
4.4: APAC Aerospace Tape Market
4.4.1: APAC Aerospace Tape Market by Resin Type: Acrylic, Rubber, Silicone, and Others
4.4.2: APAC Aerospace Tape Market by End Use: Commercial Aviation, Military Aviation, and General Aviation
4.5: ROW Aerospace Tape Market
4.5.1: ROW Aerospace Tape Market by Resin Type: Acrylic, Rubber, Silicone, and Others
4.5.2: ROW Aerospace Tape Market by End Use: Commercial Aviation, Military Aviation, and General Aviation
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Aerospace Tape Market by Resin Type
6.1.2: Growth Opportunities for the Global Aerospace Tape Market by Backing Material
6.1.3: Growth Opportunities for the Global Aerospace Tape Market by End Use
6.1.4: Growth Opportunities for the Global Aerospace Tape Market by Region
6.2: Emerging Trends in the Global Aerospace Tape Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Aerospace Tape Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Aerospace Tape Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: 3M
7.2: Nitto Denko
7.3: Avery Dennison
7.4: Tesa
7.5: Scapa
7.6: Intertape Polymer
7.7: Compagnie de Saint-Gobain
7.8: Berry Global
7.9: Advance Tapes
7.10: Stokvis Tapes
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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