Growing adoption of aerospace tapes in military and commercial aviation are expected to drive the market in coming years. Government initiatives to promote manufacturing of fuel-efficient aircrafts followed by rising aviation infrastructure in developing economies such as China, India, Brazil, and Southeast Asia are expected to increase aerospace tapes market concentration in coming years. Increasing ageing of aircraft in developed economies has increased demand for aircraft modernization; which in turns will further increase market reach in coming years.
Adroit Market Research study on the global market for aerospace tapes offers a holistic view of the industry from 2020 to 2028 as forecast period, including factors such as market drivers, limitations, opportunities, threats and regulatory overview. The market has been analyzed from 2018 to 2028, with a base year estimate of 2019 and a projection from 2020 to 2028. The report covers the current status and potential characteristics of the market at both the global and the country level. Moreover, the report also assesses market competition with Porter's analysis of five strengths and places leading players on the basis of their product range, regional presence, strategic initiatives and overall sales. Prominent players in the global aerospace tapes market have been analyzed in depth.
Paper backed aerospace tapes are available with recyclable paper. There are a different variety of uses for paper backed tapes made of rubber adhesive coating and crepe paper. Availability in different colors followed by environmental friendly nature of these papers have increased its popularity over the past few years and the trend is expected to continue over the coming years. Commercial application is expected to offer lucrative opportunity for aerospace tapes industry by virtue of increasing commercial airline fleets, and cargo movement.
The global market is competitive and large number of well-developed manufacturing companies are engaged in aerospace tapes industry. Some key companies are Compagnie De Saint-Gobain, 3M Company, Tesa SE, Nitto Denko Corporation, Avery Dennison Corporation, DeWAL Industries, Inc., Berry Global Group, Inc., Advance Tapes International, Intertape Polymer Group, and Scapa Group Plc.
Key Segments of the Global Aerospace Tapes Market
End-Use Overview, 2018-2028 (USD Million)
- Commercial Aviation
- Military Aviation
Regional Overview, 2018-2028 (USD Million)
- Rest of Europe
- Rest of Asia-Pacific
Middle East and Africa
- South Africa
- Rest of Middle East and Africa
- Rest of South America