According to Stratistics MRC, the Global Aerospace Tapes Market is accounted for $2.00 billion in 2019 and is expected to reach $3.24 billion by 2027 growing at a CAGR of 6.2% during the forecast period. Some of the key factors propelling the market growth include growing demand for passenger aircraft in emerging regions, replacement of old/aging aircraft and modernization of existing aircraft, and increasing demand for lightweight and more fuel-efficient aircraft. However, shortage of profitable airlines in emerging economies is likely to hamper the market.
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On the basis of geography, the APAC aerospace tapes market is segmented as China, Japan, India, South Korea, Singapore, and Rest of APAC. APAC is an emerging and lucrative market for aerospace tapes, owing to industrial development and improving economic conditions. This region constitutes approximately 61% of the world’s population, resulting in the growth of the manufacturing and processing sectors.
Some of the key players in Aerospace Tapes Market include DeWAL Industries, Inc., Intertape Polymer Group, Compagnie De Saint-Gobain, Mask-Off Company, Inc., Shurtape Technologies, LLC, Stokvis Tape Bv, American Biltrite Inc., Can-Do National Tape, Inc., Avery Dennison Corporation, Tesa SE, Scapa Group Plc, Berry Global Group, Inc., Advance Tapes International, MBK Tape Solutions, 3M Company, and Nitto Denko Corporation.
Backing Materials Covered:
• Film
• Foam
• Paper/Tissue
• Other Backing Materials
Resin Types Covered:
• Silicone
• Acrylic
• Rubber
• Other Resin Types
Distribution Channels Covered:
• Offline Sales Channels
• Online Sales Channels
Categories Covered:
• Masking
• Specialty
Types Covered:
• Flame Retardant Tapes
• Non Flame Retardant Tapes
Applications Covered:
• Exterior
• Interior
• Packaging Type
• Surface Protection Tape
• Floor Making Tape
• General Use Tape
• Color Coding Tape
• Double-Sided Tape
• Electrostatic Discharge (ESD) Tape
• Extreme Temperature Tape
End Users Covered:
• Military Aviation
• General Aviation
• Commercial Aviation
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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