Aviation Adhesives and Sealants Market Continues to Soar
The epoxy resins segment is expected to account for 45.6% of the global adhesives and sealants market by 2025.
The global aviation adhesives and sealants market size is predicted to be worth $1.17 billion by 2025, according to a new report by Grand View Research Inc. Growing demand for aircrafts and the increasing penetration of composites are likely to substantially contribute to industry growth over the forecast period.
The demand for aviation adhesives and sealants in general, commercial, and military end-use applications is increasing owing to a significant increase in aircraft building activities to cater to the growing demand for air travel, coupled with a substantial drop in jet fuel prices. In addition, increasing volatility in diplomatic relations among countries has reportedly augmented the global defense expenditure, which, in turn, is likely to boost military aviation end-use application.