Market Snapshot:
The aerospace tape is used widely to provide solutions for aerospace applications for bonding and the management of vibration, sound, heat, and EMI/RFI interference. The major applications are in-flight aircraft monitoring equipment, HVAC gaskets and seals, flexible circuit bonding, environmental sealing of helicopter blade tracking monitors. As increasing number of aircraft of all types and sizes need continuously rigorous maintenance. These tapes are specially designed to resist high temperatures and humidity.
Highlights from Aerospace Tape Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The key Manufacturers profiled in the report are 3M Company (United States), Avery Dennison Corporation (US), Tesa SE (Germany), Scapa Group plc (United Kingdom), Intertape Polymer Group (Canada), Compagnie de Saint-Gobain S.A. (France), Berry Global, Inc. (United States), Advance Tapes International (United Kingdom), Stokvis Tapes BV (Netherlands) and Shurtape Technologies, LLC (United States). Additionally, other players that are part of this comprehensive study are DeWAL Industries (United States), Avery Dennison (United States), MBK Tape Solutions (United States), GERGONNE - The Adhesive Solution (France), Adhesives Research, Inc. (United States), American Biltrite Inc. (United States) and Can-Do National Tape, Inc. (United States).
Geographic Breakdown and Segment Analysis
The Global Aerospace Tape market presents a comprehensive analysis of the Aerospace Tape market by product type (Flame Retardant Tapes {Bonding Tape, Damping & Vibration Tape} and Non Flame Retardant Tapes {Masking Tape, Nameplates, Emblems and Placards}), by end-user/application (Color Coding Tape, Double-Sided Tape, ESD Tape, Extreme Temperature Tape, Floor Making Tape, General Use Tape, Packaging Type and Surface Protection Tape), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Aerospace Tape industry. Investors and Manufacturers can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Aerospace Tape market
Analyst at AMA have segmented the market study of Global Aerospace Tape market by Type, Application and Region.
Influencing Trend:
Technology Advancement in Manufacturing Process
Market Growth Drivers:
Growing Demand for Lightweight and Fuel-Efficient Aircraft, Increasing Number of Aircraft Passenger and Growing Requirement of Frequent Maintenance
Challenges:
Growing Concern Related To Quality Accreditations
Restraints:
High Cost of Required Raw Material and Stringent Laws and Regulations Regarding Safety Risk-Related With Aircraft
Opportunities:
Growing Demand from Emerging Economies Majorly From India, China and High Government Investment in Military Sectors
Market Developments Activities:
In February 2023, 3M unveiled a new medical-grade adhesive that can stick to the skin for up to 28 days and is intended for use with a variety of health monitors, sensors, and long-term medical wearables. Medical adhesives were up to 14 days. Now, 3M has doubled the standard to offer a more patient-centric care model.
The global aerospace tape market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Aerospace Tape Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries