Global Aerospace Tapes Market Insights Forecasts to 2033

• The Global Aerospace Tapes Market Size was Valued at USD 2.36 Billion in 2023
• The Market Size is Growing at a CAGR of 3.96% from 2023 to 2033
• The Worldwide Aerospace Tapes Market Size is Expected to Reach USD 3.48 Billion by 2033
• Europe is Expected to Grow the fastest during the forecast period.

The Aerospace Tapes Market Size is Anticipated to Exceed USD 3.48 Billion by 2033, Growing at a CAGR of 3.96% from 2023 to 2033.

Market Overview

Aerospace tapes are composed of a variety of resins, including silicone, rubber, and acrylic, and are utilized in a range of end-use sectors, including general aviation, commercial aviation, and military aircraft. The aircraft industry's constant quest for fuel efficiency and reduced operating costs drives the market for lightweight materials, and aerospace tapes stand out as a crucial remedy in this regard. Lightweight aerospace tapes are a major market driver because they help achieve fuel savings by decreasing the total weight of aircraft components. This pattern is in line with larger industry initiatives to improve sustainability and adhere to strict environmental regulations. The market for aerospace tapes is driven by the strict regulations that regulate the aerospace sector. The market for aircraft tapes has been greatly impacted by developments in adhesive technologies. Tape makers are working on improving the bonding qualities of their products so that they will operate better in harsh environments like high temperatures, pressure, and chemical exposure. Safety and dependability are of utmost importance in the aerospace sector, where these advancements are essential. For airplanes to be reliable and safe, manufacturers' and aviation authorities' specifications must be followed. Due to the strict performance requirements for aerospace tapes, which include flame retardancy, chemical resistance, and adherence to industry-specific standards, manufacturers are always innovating and improving their tape solutions.

Report Coverage

This research report categorizes the market for the aerospace tapes market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the aerospace tapes market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the aerospace tapes market.

Driving Factors

The market for aerospace tapes is impacted by the aviation industry's rising dedication to environmental responsibility and sustainability. Aerospace tape producers are moving closer to implementing environmentally friendly materials and production techniques in line with international initiatives to lessen the aviation industry's negative environmental effects. The market for aircraft tapes has grown and evolved as a result of measures encouraging greener flying practices and the demand for tapes with sustainable qualities.

Restraining Factors

Significant research and development expenditures are necessary to incorporate state-of-the-art adhesive methods and materials that satisfy industry standards. These exorbitant expenses may affect manufacturers' profit margins and provide obstacles to entry for smaller firms.

Market Segmentation

The aerospace tapes market share is classified into type, material and end user.

• The acrylic segment is expected to hold the largest share of the aerospace tapes market during the forecast period.   

Based on the type, the aerospace tapes market is categorized into acrylic, rubber, and silicone. Among these, the acrylic segment is expected to hold the largest share of the global aerospace tapes market during the forecast period. Acrylics have outstanding resistance to oxidation, temperature changes, UV rays, high peel, tack, and shear strength, short cure times, color stability, remarkable anti-aging qualities, and a good balance between adhesion and cohesion. Since acrylic aerospace tapes have excellent adhesion, they are frequently used in the aerospace industry to bond carpet, flooring, and galley mats in aircraft, as well as to protect paint, surfaces, and leading edges of aircraft, propellers, de-icer systems, and helicopter rotors from erosion.

• The paper/tissue segment is expected to grow at the fastest CAGR during the forecast period.   

Based on the material, the aerospace tapes market is categorized into paper/tissue, film, and foam. Among these, the paper/tissue segment is expected to grow at the fastest CAGR during the forecast period. These tapes have several uses and are composed of rubber adhesive coating and crepe paper. These tapes come in a variety of colors and are safe for the environment. Paper tapes are resistant to temperature changes, have strong gripping power, and heat insulation. Their smoothness, flexibility, and relative thinness make them ideal for use in aircraft production.

• The commercial aviation segment is expected to hold a significant share of the aerospace tapes market during the forecast period.

Based on the end user, the aerospace tapes market is categorized into commercial aviation, military aviation, and general aviation. Among these, the commercial aviation segment is expected to hold a significant share of the aerospace tapes market during the forecast period. Compared to the military and general aviation industries, the commercial aviation sector has a higher demand for aerospace tapes. As a result, the aerospace tapes market is being led by the end-use industry segment for commercial aviation. The need for air travel will only increase as living standards rise in developing nations. Deliveries of wide- and narrow-body aircraft are anticipated to propel the majority of market expansion, with demand for regional jets trailing behind.

Regional Segment Analysis of the Global Aerospace Tapes Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is projected to hold the largest share of the global aerospace tapes market over the forecast period.

North America is projected to hold the largest share of the global aerospace tapes market over the forecast period. Because the leading market participants have manufacturing facilities and distribution networks in both the US and Canada, there is a need for aerospace tapes despite the maturity of the market. The North American aerospace business is heavily regulated, which is important for keeping an eye on the effectiveness and marketing of aerospace tapes. Although Mexico's market for aerospace tapes is not as huge as that of the US or Canada, it is nonetheless expanding quickly because aerospace is one of the main sectors of the nation's manufacturing industry.

Europe is expected to grow at the fastest CAGR growth of the global aerospace tapes market during the forecast period. With prominent firms like Airbus, Rolls-Royce, and numerous smaller manufacturers and suppliers, the aerospace sector in Europe is a sizable one. The need for aerospace tapes is directly impacted by the rise in aircraft maintenance and production. Advanced materials are frequently required as a result of technological advancements in aerospace. There may be a rise in demand for aerospace tapes with better performance attributes, such as higher thermal resistance or reduced weight.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the aerospace tapes market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• 3M Company
• Advance Tapes International Limited
• Avery Dennison Corporation
• Berry Global Inc.
• Compagnie De Saint-Gobain S.A.
• DeWAL Industries, Inc.
• Intertape Polymer Group Inc.
• Nitto Denko Corporation
• H.B. Fuller Company
• Scapa Group Ltd
• Others

Key Market Developments

• In March 2024, In HAICoPAS, Hexcel and Arkema unveiled a CFRTP aeronautical demonstrator. Using a continuous in-situ welding (ISW) assembly technology, the project saw the optimization of the design and manufacturing of UD composite tapes reinforced with a PEKK matrix. Hexcel and Arkema formed a strategic relationship and worked together to design and produce an aeronautical high-performance composite structure demonstration utilizing HexPly thermoplastic tapes.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global aerospace tapes market based on the below-mentioned segments: 

Global Aerospace Tapes Market, By Type

• Acrylic
• Rubber
• Silicone

Global Aerospace Tapes Market, By Material

• Paper/Tissue
• Film
• Foam

Global Aerospace Tapes Market, By End User

• Commercial Aviation
• Military Aviation
• General Aviation

Global Aerospace Tapes Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa