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Aerospace Interior Adhesives Market Report
The Aerospace Interior Adhesives Market is Segmented by Resin Type (Epoxy Resin, Cyanoacrylate, Acrylic, Polyurethane, and Others), by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, General Aviation, and Regional Jets), by Application Type...
Impact of COVID-19 on Aerospace Interior Adhesives Market
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Aerospace Interior Adhesives Market is likely to witness an impressive CAGR of 5.5% during the forecast period. The major driving factor for aerospace interior adhesives is the incessant increase in air passenger traffic all around the world, which has led to the increasing production rates of key aircraft programs, such as the A320 family, B737, B787, and A350XWB; market entry of new players, such as COMAC and Irkut; introduction of variants of existing best-selling aircraft programs, such as B737 max, A320neo, and B777x; and increasing aircraft fleet size. All these factors are likely to provide sustainable growth platform for the aerospace interior adhesives market.
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Aerospace Interior Adhesives Market- Snapshot |
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Growth |
5.5% for the next five years |
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Major Resin Type |
Epoxy Resin |
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Major Aircraft Type |
Wide-Body Aircraft |
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Dominant Application Type |
Panels |
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Region with the highest demand |
Asia-Pacific |
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Key Players |
Henkel AG & Co. KGaA, Arkema S.A., The 3M Company, Huntsman Corporation, Solvay S.A., Avery Dennison Corporation, Hexcel Corporation, Delo Industrie Klebstoffe GmbH & Co KGaA, Master Bond Inc., and Perma Bond LLC. |
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Based on the resin type, the aerospace interior adhesives market is segmented as epoxy resin, cyanoacrylate, polyurethane, acrylic, and others. Epoxy resin is estimated to register the highest growth during the forecast period, owing to its exceptional mechanical properties.
Based on the aircraft type, the market is segmented as narrow-body aircraft, wide-body aircraft, very large aircraft, general aviation, and regional jets. Narrow-body aircraft commanded the market; however, wide-body aircraft is estimated to portray the highest growth during the forecast period. Boeing estimated, approximately 42,730 commercial and regional aircraft will be delivered during 2018-2037, in which narrow- and wide-body aircraft would govern the market during the period.
Based on the application type, the market is segmented as seating, inflight entertainment, galley, stowage bin, lavatory, panel, and others. Panel application holds the largest share of the global aerospace adhesives market and is expected to maintain its dominance during the forecast period. Panels are integral parts of an aircraft design and are extensively used in an aircraft to install various components and parts.
In terms of regions, North America dominated the global aerospace interior adhesives market as the region is the world’s manufacturing capital of the aircraft industry with the regional presence of several large-to small-sized aircraft manufacturers, tier players, adhesive manufacturers, distributors, and raw material suppliers. Asia-Pacific is estimated to register the highest growth in the coming five years, driven by upcoming commercial and regional aircraft and the world’s largest commercial aircraft fleet size.
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Aerospace interior adhesives play a major role in aircraft interior manufacturing. They are used in a number of applications such as acoustic insulation, decorative laminates, and others in order to make it safer for the passengers and fuel-efficient for the aircraft.
Aircraft interior adhesives can be of different resin types and among which some to be named are epoxy resin, cyanoacrylate, polyurethane, acrylic, and others. Seating, inflight entertainment, galley, stowage bins, lavatory, panels, and others are some of the applications where the adhesives can be used.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Aerospace Interior Adhesives Market Research Report - Features |
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|---|---|
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Market Segmentation |
4 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The aerospace interior adhesives market is segmented into the following categories.
Some of the major players in the aerospace interior adhesives market are-
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
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The aerospace interior adhesives market is expected to witness an impressive growth of 5.5% CAGR in the coming years.
Henkel AG & Co. KGaA, Arkema S.A., The 3M Company, Huntsman Corporation, Solvay S.A., Avery Dennison Corporation, Hexcel Corporation, Delo Industrie Klebstoffe GmbH & Co KGaA, Master Bond Inc., and Perma Bond LLC are among the key players in the aerospace interior adhesives market.
Wide-body aircraft is expected to portray the highest growth in the aerospace interior adhesives market in the coming years.
Epoxy resin is expected to register the highest growth in the aerospace interior adhesives market during the next five years.
Panel application is expected to remain dominant in the aerospace interior adhesives market during the foreseeable years.
Asia-pacific is expected to register the highest growth in the aerospace interior adhesives market during the forecast period.
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