Aerospace Tapes Global Market Report 2023

The global aerospace tapes market grew from $2.15 billion in 2022 to $2.19 billion in 2023 at a compound annual growth rate (CAGR) of 2.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aerospace tapes market is expected to grow to $2.52 billion in 2027 at a CAGR of 3.5%