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Aerospace Interior Adhesives Market

Aerospace Interior Adhesives Market report is segmented on the basis of resin type, aircraft type, product type, and distribution - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-26
Aerospace Interior Adhesives Market - Global
Industry Insights, Trends, Outlook, and Opportunity
Analysis, 2018-2026
Adhesives are materials, which have the ability to join two surfaces using linkage and
consistent mechanisms. Adhesives play a major role in aircraft interior manufacturing.
Aerospace adhesives are strong and fire & chemical resistant with superior bond
performance and elasticity. Aerospace adhesives help maintain the interior quality of the
aircraft without adding any additional weight. Increasing number of aircrafts, rise in interior
renovation, and leasing of aircrafts also contribute to the growth of aerospace interior
adhesives market.
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Decline in aviation fuel prices, growing demand for low cost carrier flights, and attainment of
new aircrafts by airline operators are the key factors expected to drive the growth of
aerospace interior adhesives market. Ecological regulations are also projected to confine the
growth of aerospace interior adhesives market. Aircraft manufactures need to ensure
passenger safety, weight management, and aesthetic appeal of the aircraft interior while
selecting adhesives. Several regulations are issued pertaining to passenger safety, which
greatly influences the market growth.
Demand for medium wide body aircraft drives the growth of aerospace interior adhesives
market. This growth can be attributed to the availability of a large number of seats in
economy class, private space for increased luxury, and accessibility of extensive range of
cabin interiors. Panel is the largest segment, which uses aerospace interior adhesives. A
floor panel is an important part of the airplane interior. Floor panels are made of materials
strong enough to resist heavy weights and offer high strength. Panels are usually made up
of composites and plastic, which require adhesives for bonding. Due to the lightweight and
thermal & pressure resistant properties, epoxy resins are the most preferred type of resins.
Market Outlook
North America is the largest market for aerospace interior adhesives due to high demand for
commercial and military aircraft in the region. Aviation is the preferred mode of transport over
rail and road. Moreover, high investments made in the aerospace sector drives the growth of
the aerospace adhesives market in North America. Need for developments in military
aviation due to tensed political conditions across the globe has resulted in an increasing use
of aerospace interior adhesives. The region leads the global aerospace interior adhesives
market, in terms of value & volume, owing to the presence of major aircraft manufacturers in
the region
Asia Pacific is the fastest growing market for aerospace interior adhesives. The region has
witnessed robust developments in the aerospace sector during the recent past. This has led
to a significant increase in demand for aircrafts. However, high losses and debt incurred to
the national aircraft carriers of India and Malaysia have resulted in a relatively slow growth of
the aerospace interior adhesives in this region
The Middle East is swiftly growing as a transit hub due to low fuel prices. The rise of major
airlines such as Emirates, Etihad, and Qatar Airways have led to a boom in demand for
aerospace interior adhesives in the region
Europe is projected to be a major aviation hub since a large number of aircraft
manufacturers have established their production bases in the region. Increased military
spending by the EU countries and the growing demand for flights for improved connectivity
boost the global aerospace interior adhesives market. Several planned and ongoing
developments in the European countries are further expected to boost the market growth
Latin America has experienced a slowdown in the aviation sector due to the political turmoil
existing in major markets of Brazil, Argentina, Colombia, and Venezuela. This has, in turn,
affected the aerospace interior adhesives market in this region. Whereas, Africa is expected
to witness strong market growth over the forecast period due to strong economic growth
coupled with the presence of a large number of untapped markets
Some of the key players in the aerospace interior adhesives market include Henkel AG &
Co.KGaA (Germany), Solvay S.A. (Belgium), Huntsman Corporation (U.S), Avery Dennison
(U.S.), (France), Hexcel Corporation (U.S.), Arkema S.A., The 3M Company (U.S.), Delo
Industrial Adhesives (Germany), Master Bond Inc. (U.S.), and Permabond LLC (U.K.).
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