Aerospace Adhesive & Sealants Market

Huntsman International LLC (US) and Hexcel Corporation (US) are the Major players in the Aerospace Adhesive & Sealants Market.

The mergers & acquisitions strategy was majorly adopted by market players to achieve growth in the global aerospace adhesive & sealants market. This strategy accounted for the largest share of all the developmental strategies adopted by the market players to expand their global presence and increase their market share between 2014 and 2017. The current demand in end-user industry, such as commercial, military, and general aviation, and users, such as OEMs and MROs, are driving the aerospace adhesive & sealants market. Increasing demand from end-use industries has encouraged leading companies to adopt various organic and inorganic growth strategies to improve their business and maintain their market share, globally.

3M (US), Henkel AG & Co. KGaA (Germany), PPG Industries, Inc. (US), Illinois Tool Works Inc. (US), Cytec Solvay Group (Belgium), Huntsman International LLC (US), Bostik (Arkema S.A.)(France), Dow Corning Corporation (US), H.B. Fuller (US), Hexcel Corporation (US), Royal Adhesives & Sealants (US), Master Bond Inc. (US), and Beacon Adhesives, Inc. (US) are some of the leading companies that adopted strategies such as investments & expansions, new product launches, mergers & acquisitions, partnerships, agreements, and contracts & joint ventures to increase their market share and expand their distribution network, globally. These strategies accounted for a significant share of the total number of growth strategies adopted by players in the global aerospace adhesive & sealants market between 2014 and 2017.

The key companies profiled in this report include 3M (US), Henkel AG & Co. KGaA (Germany), PPG Industries, Inc. (US), Illinois Tool Works, Inc. (US), Cytec Solvay Group (Belgium), Huntsman International LLC (US), Bostik (Arkema S.A.)(France), Dow Corning Corporation (US), H.B. Fuller (US), Hexcel Corporation (US), Royal Adhesives & Sealants (US), Master Bond, Inc. (US), and Beacon Adhesives, Inc. (US).

Huntsman International LLC (US) and Hexcel Corporation (US) are two major players in the aerospace adhesive & sealants market. These two have majorly adopted mergers & acquisitions and investments & expansions as strategies for growth.

In May 2017, Huntsman International LLC (U.S.) and Clariant (Switzerland) merged to enable the development of new products to deliver superior returns and drive shareholder value.

In January 2016, Hexcel announced that it would expand its global engineered core capacity by building a 117,000-square-foot manufacturing plant in Casablanca, Morocco. This development is a part of Hexcel’s ongoing worldwide investment to create a diversified and robust global supply chain to support the aerospace customers’ growing demand for the engineered core. In the same year, the company also acquired full ownership of Formax UK Limited to enhance its product line and grow its aerospace and industrial businesses.

Related Reports:

Aerospace Adhesive & Sealants Market by Resin Type (Epoxy, Silicone, PU), Technology (Solvent-Based, Water-Based), End-user Industry (Commercial, Military, General Aviation), User Type (OEM, MRO), Aircraft Type, and Region - Global Forecast to 2022

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Report Code
CH 3167
Published ON
Aug, 2017
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