Global Aerospace Interior Adhesive Market, By Resin Type (Epoxy Resin, Cyanoacrylate, Polyurethane, Acrylic and Others), Aircraft Type (Single Aisle, Small Wide Body, Medium Wide Body, Large Wide Body and Regional Jets), Product Type (Seating, Inflight Entertainment, Galley, Stowage Bins, Lavatory, Panels and Others), Application Type (Strategic Insights, Seats, In-flight Entertainment, Galleys, Stowage Bins, Lavatory, Interior Panels and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Data Bridge Market Research analyses that the aerospace interior adhesive market will witness a CAGR of 5.5% for the forecast period of 2021-2028. Rising demand for low cost carriers (LCC) and rising demand for strong fire resistance adhesives are the two major factors driving the growth of aerospace interior adhesive market.
Adhesives are the materials that act as a linking pin between the two surfaces. Aerospace interior adhesives provide strong and long lasting bonds and ensure the safety of passengers and crew members. They are used for thread- locking, retaining and thread- sealing purposes. Aerospace interior adhesives help to maintain the interior quality of the aircraft without adding any weight. The aerospace interior adhesives are available in the form of into epoxy resin, cyanoacrylate, polyurethane, acrylic and others.
Rising passenger air traffic globally is inducing growth in the demand for aerospace interior adhesives. Also, rising demand to ensure comfort and safety in the aircrafts by the passengers is propelling growth in the demand for aerospace interior adhesives. Rising demand for lightweight composite construction materials single aisle, small wide body, medium wide body, large wide body and regional jets are creating lucrative remunerative opportunities for the aerospace interior adhesive market. Lightweight composite materials also help to reduce the expenditure on fuel prices. This will also work in the favour of aerospace interior adhesive market. Rising investments for research and development activities for the introduction of new and innovative products will yet again fuel up the demand for aerospace interior adhesives.
However, the materials used in aerospace interior adhesives need to comply with high safety standards. This in turn will slow down the market growth rate. Stringent environmental regulations imposed by the government on aerospace interior adhesives will further create hindrances for the growth of aerospace interior adhesive market.
This aerospace interior adhesive market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on aerospace interior adhesive market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Aerospace Interior Adhesive Market Scope and Market Size
The aerospace interior adhesive market is segmented on the basis of resin type, aircraft type, product type and application type. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of resin type, the aerospace interior adhesive market is segmented into epoxy resin, cyanoacrylate, polyurethane, acrylic and others.
- On the basis of aircraft type, the aerospace interior adhesive market is segmented into single aisle, small wide body, medium wide body, large wide body and regional jets.
- On the basis of product type, the aerospace interior adhesive market is segmented into seating, inflight entertainment, galley, stowage bins, lavatory, panels and others.
- On the basis of application type, the aerospace interior adhesive market is segmented into strategic insights, seats, in-flight entertainment, galleys, stowage bins, lavatory, interior panels and others.
Aerospace Interior Adhesive Market Country Level Analysis
The aerospace interior adhesive market is analysed and market size, volume information is provided by country, resin type, aircraft type, product type and application type as referenced above.
The countries covered in the aerospace interior adhesive market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the aerospace interior adhesive market in terms of market share and market revenue. The region is the manufacturing hub for aircraft industry. Therefore, presence of key players is fostering the market growth here. Asia-Pacific will project the highest CAGR for the forecast period owing to the ever-rising airline passenger traffic.
The country section of the aerospace interior adhesive market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Aerospace Interior Adhesive Market Share Analysis
The aerospace interior adhesive market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to aerospace interior adhesive market.
The major players covered in the aerospace interior adhesive market report are 3M, Akzo Nobel N.V., Solvay, Arkema, Henkel Adhesives Technologies India Private Limited, Huntsman International LLC., AVERY DENNISON CORPORATION., Hexcel Corporation, DELO Industrie Klebstoffe GmbH & Co. KGaA, Master Bond Inc., Permabond LLC., DowDuPont, Best Klebstoffe GmbH & Co. KG, Chemseals., Merck KGaA, PPG Industries, Inc., H.B. Fuller Company., Parker Hannifin Corp, BASF SE and Avient Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.