The market research report on the Aerospace Interior Adhesives Market aims to help users discover detailed information regarding trends in the market. The report also throws light on the overview of the thorough analysis of the correlated key players active in the market, covering their competitive landscape, supply chain analysis, and latest developments like investments, expansion, technological growth, etc.
Market Forecast:
The aerospace interior adhesives market was estimated at USD 1.1 billion in 2021 and is likely to grow at a CAGR of 5.54% during 2022-2028 to reach USD 1.6 billion in 2028.
Here are the key players mentioned in the report –
- 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.
- Perma Bond LLC
Segment Analysis:
Market segmentation included in this report divides the Aerospace Interior Adhesives Market into subgroups based on demographics, needs, priorities, shared interests, and other behavioral characteristics that help to better understand the target audience. The user can be from benefitted by using this targeting in product, sales, and marketing strategies.
As per the report, the market is segmented by:
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 into narrow-body aircraft, wide-body aircraft, very large aircraft, general aviation, and regional jets. Narrow-body aircraft commanded the market; however, wide-body aircraft are estimated to portray the highest growth during the forecast period. Boeing estimated, that 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 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.
COVID-19 IMPACT
The coronavirus pandemic affected almost all the sectors of the economy in 2020. Many businesses across the globe saw their supply chains interrupted, demand for their products and services decline, scarcities in supplies and inputs, etc.
While the majority of organisations had to face losses due to the pandemic, there are a few that have remained stable during this period and are projected to expand gradually in the future. The study on the Aerospace Interior Adhesives Market by Stratview Research provides a sneak peek into its business success in 2020 to upcoming 5 years.
Sneak peek into the Report:
This report focuses on the various types, segments, and growth in the Aerospace Interior Adhesives Market. It offers valuable insights into business dynamics and allows current and potential market participants to make strategic decisions.
The report also benchmarks the major parameters like -
- Industry Outlook
• Market Segmentation & Value Chain Analysis
• Industry Dynamics
• Drivers
• Restraints
• Growth Opportunities
• Regional Outlook
• Country-level Analysis
• Competitive Landscape
• Company Market Share Analysis
• Key Company Profiles/ Market Players
Need a detailed report? Get in touch with us:
Stratview Research
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Know more about Stratview Research:
Stratview Research is a global market research company and is known to provide custom research reports in varied fields such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas, etc. The veteran market experts and research team makes sure to have deep research about the topics so that the most useful insights can be delivered to the professionals.
