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The objective of the Aerospace Tapes Market report is to offer updated information such as the market share, size, trends, emerging markets, earnings, forecasts, and data on leading industry players. This study includes significant and vital information necessary for strategic decision making and have a competitive edge.
In view with the current pandemic analysts at Stratview Research has thoroughly analyzed and presented the following parameters under the detailed Covid – 19 impact analysis in the Aerospace Tapes Market.
Market Insights – The Aerospace Tapes Market is projected to grow from USD 6.36 billion in 2022 to USD 8.69 billion by 2028 at a CAGR of over 5.3% during the forecast period.
Few key players operating in the Aerospace Tapes Market are-
The 3M Company
Nitto Denko Corporation
DeWAL Industries Inc.
Avery Dennison Corporation
Scapa Group Plc
Tesa SE
Intertape Polymer Group
Compagnie De Saint-Gobain
Berry Global Group, Inc.
Advance Tapes International.
Growth drivers and Market Value:
This report, from Stratview Research, studies the Aerospace Tapes Market value and growth drivers over the trend period of 2022-27. According to the report -
Aerospace Tapes Market is likely to witness an impressive CAGR of 4.0% during the forecast period. Various government initiatives taken by China and India, high demand for lightweight and fuel-efficient aircraft, growing passenger demand, and replacement and modernization of old aircraft are the major factors driving the growth of the market for aerospace tapes during the forecast period.
Segment Analysis:
Based on Resin Type:
Based on the resin type, the market is segmented as acrylic, rubber, silicone, and others. The acrylic segment is expected to remain dominant with its unique properties such as high shear strength, fast-curing time, excellent resistance to oxidation, temperature, and UV radiation; color stability, exceptional anti-aging properties, good balance of adhesion and cohesion, remarkable water resistance, and high peel strength. Acrylics find wide usage in erosion protection of aircraft leading edges, propellers, de-icer systems, and helicopter rotors, the bonding of carpet, floorings and galley mats in aircraft, overlay films for instructions, leaflets, and surface and paint protection, owing to their excellent adhesion property.
Based on Region:
In terms of regions, North America is estimated to be the largest-growing aerospace tapes market during the forecast period, despite the maturity of the market, there is a demand for aerospace tapes in countries such as the US and Canada, owing to the presence of manufacturing facilities and distribution networks of the major players in the market. The growth of the market is driven by the growth of the aerospace industry in North America, which plays a crucial role in monitoring the performance and commercialization of aerospace tapes. The Mexican aerospace tapes market is smaller as compared with the US and Canada, but it is a rapidly growing market as aerospace is one of the largest industries of the country’s manufacturing sector.
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Critical Questions Answered in the Report
l What are the key trends in the global Aerospace Tapes Market?
l How the Aerospace Tapes Market (and its various sub-segments) has grown in the last five years?
l What would be the growth driver and growth rate in next five years?
l What is the impact of COVID-19 on the Aerospace Tapes Market?
l What are the key strategies adopted by the major vendors to lead in the Aerospace Tapes Market?
l What is the market share of the key players?
Target Audience
The following is a list of the customers that the Aerospace Tapes Market aims to convert the most:
l Manufacturing Organizations
l Distributors & Suppliers
l Potential Investors
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