Aerospace Interior Adhesive Market, By Sealants Resin (Silicone, Polysulfide, Others), By Adhesive Resin (Polyurethane, Epoxy, Others), By Aircraft (Military, Commercial, Others), By Region - Global Analysis Forecast Till 2030

The global aerospace interior adhesive market is expected to grow at a compound annual growth rate (CAGR) of 5.5% till 2030.

The aerospace interior adhesive market is made up of sales of aerospace interior adhesive products by entities (organizations, sole proprietorships, and partnerships) that refer to a type of adhesive used to improve aircraft interior durability and aesthetics worker and passenger safety. It is a type of glue used in the aerospace industry while manufacturing and assembling an aircraft's interior, exterior, and engine compartments. Thread locking and retaining are two examples of adhesive applications.

Market Dynamics

Drivers

Passenger growth in the aviation industry is expected to drive demand for sealants and adhesives. In the aerospace industry, adhesives and sealants are used in various applications. Retaining compounds, hydraulic thread systems, and thread-lockers are examples of interior applications in aircraft. On the other hand, the exterior application of adhesives and sealants in an aircraft includes wing spars, door moldings, and panels.

The demand for adhesives and sealants is growing with the increased use of composite materials. Applications such as primary and secondary assemblies in aircraft are expected to provide market vendors with enticing growth opportunities. Another promising area in the Aerospace Interior Adhesive market is the need for customization based on the manufacturer's specifications. Manufacturers of adhesives and sealants can modify material properties such as viscosity, toughness, shorter cure time, and longer work time to meet the needs of aerospace applications.

Restraints

Some certain constraints and challenges will impede the market growth. Defense spending cuts in developed economies and high prices for these materials may limit the market growth. The VOC content of high-performance aerospace adhesives and sealants is high. OEM manufacturers demand eco-friendly components as governments worldwide impose stricter environmental regulations on the transportation industry. Government regulations such as these are expected to limit market growth over the forecast period. Furthermore, the higher cost involved in researching and developing aerospace adhesives and sealants that meet OEM specifications is a significant Aerospace Interior Adhesive market restraint.

Key players:

• B. Fuller

• Henkel Corporation

• 3M

• PPG Industries Inc.

• Huntsman International LLC

• Cytec Solvay Group

• Dowdupont

• Bostik

• Lord Corporation (Parker Hannifin Corp)

• Hexcel Corporation

Market Segmentation:

The report has segmented the Aerospace Interior Adhesive Market based on Sealants Resin, Adhesive Resin, Aircraft, and region.

Aerospace Interior Adhesive Market, By Sealants Resin

• Silicone

• Polysulfide

• Others

Aerospace Interior Adhesive Market, By Adhesive Resin

• Polyurethane

• Epoxy

• Others

Aerospace Interior Adhesive Market, By Aircraft

• Military

• Commercial

• Others

Aerospace Interior Adhesive Market, By Region

• North America

• Latin America

• Europe

• Asia Pacific

• Middle East & Africa

Regional Analysis:

North America will lead the global Aerospace Interior Adhesive Market market with a volume share of more than XX% in 2020. This is primarily due to the increased emphasis of the United States government on strengthening its military forces. As a result, increased defense spending will likely provide enormous opportunities for contractors and their supply chains in the long run.

Regarding revenue, Asia Pacific is expected to grow around XX% in the coming year. The rapid increase in air passenger traffic, combined with the demand for new aircraft, is one of the key factors driving the region's growth.

Scope of the Report:

User

Tab Content