Dublin, Nov. 09, 2022 (GLOBE NEWSWIRE) -- The "Aerospace Interior Adhesive Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
The global aerospace interior adhesive market is expected to grow from $1.03 billion in 2021 to $1.11 billion in 2022 at a compound annual growth rate (CAGR) of 8.3%. The aerospace interior adhesive market is expected to reach $1.38 billion in 2026 at a CAGR of 5.6%.
The main types of aerospace interior adhesive are epoxy, polyurethane, acrylic, cyanoacrylate, and other types. Epoxy refers to a type of epoxide-containing reactive prepolymer and polymer. In terms of mechanical properties, as well as heat and chemical resistance, it outperforms other types of resin. The aerospace interior adhesive is used in various aircraft ranging from single-aisle small wide-body, medium wide-body, large wide-body, and regional jet and its application include seats, inflight entertainment, lavatory, interior panels, galley, stowage bins, and other applications.
North America was the largest region in the aerospace interior adhesive market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aerospace interior adhesive market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The rise in the number of flyers is expected to propel the growth of the aerospace interior adhesive market going forward. Major airline companies are boosting their flight schedules after experiencing an increase in customer demand. Additionally, these companies are investing in the purchase of new aircraft to meet the increased air travel demand across the globe. The increase in number of flyers is expected to boost demand for interior adhesive, as they are vital component in new aircraft construction and repair of existing aircraft.
For instance, in June 2020, according to an article shared by NPR ORG (National Public Radio), a US-based nonprofit media organization, American Airlines indicated that the number of domestic flights would be increased next month. After average daily passenger numbers surged from around 32,000 in April to over 110,000 in late May, the airline said it plans to fly more than 55% of its July 2019 domestic schedule next month. Therefore, the growth in the number of flyers is expected to boost demand for aerospace interior adhesives during the forecast period.
Technological advancements are the key trend gaining popularity in the aerospace interior adhesive market. Major companies operating in the market are introducing new innovative products such as the Acrylate Structural Adhesives that can be applied efficiently at customer sites.
For instance, in May 2019, Huntsman, launched ARALDITE 2050 Structural Adhesive, a two-part and ultra-fast curing acrylate that accelerates structural bonding of thermoplastics, composites, and metals at temperatures ranging from -20 to 25C (-4 to 77F) without the use of extra heat. For this product, almost no surface preparation is required, and they have great adhesion to a variety of substrates as well as excellent aging and weathering resistance. In the most demanding conditions, such adhesives will allow customers to boost bond speed and adhesion performance.
The countries covered in the aerospace interior adhesive market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
Scope
Markets Covered:
1) By Resin Type: Epoxy; Polyurethane; Acrylic; Cyanoacrylate; Other Types
2) By Aircraft Type: Single Aisle; Small Wide Body; Medium Wide Body; Large Wide Body; Regional Jets
3) By Application Type: Seats; Inflight entertainment; Lavatory; Interior panels; Galley; Stowage bins; Other Applications
Key Topics Covered:
1. Executive Summary
2. Aerospace Interior Adhesive Market Characteristics
3. Aerospace Interior Adhesive Market Trends And Strategies
4. Impact Of COVID-19 On Aerospace Interior Adhesive
5. Aerospace Interior Adhesive Market Size And Growth
6. Aerospace Interior Adhesive Market Segmentation
7. Aerospace Interior Adhesive Market Regional And Country Analysis
8. Asia-Pacific Aerospace Interior Adhesive Market
9. China Aerospace Interior Adhesive Market
10. India Aerospace Interior Adhesive Market
11. Japan Aerospace Interior Adhesive Market
12. Australia Aerospace Interior Adhesive Market
13. Indonesia Aerospace Interior Adhesive Market
14. South Korea Aerospace Interior Adhesive Market
15. Western Europe Aerospace Interior Adhesive Market
16. UK Aerospace Interior Adhesive Market
17. Germany Aerospace Interior Adhesive Market
18. France Aerospace Interior Adhesive Market
19. Eastern Europe Aerospace Interior Adhesive Market
20. Russia Aerospace Interior Adhesive Market
21. North America Aerospace Interior Adhesive Market
22. USA Aerospace Interior Adhesive Market
23. South America Aerospace Interior Adhesive Market
24. Brazil Aerospace Interior Adhesive Market
25. Middle East Aerospace Interior Adhesive Market
26. Africa Aerospace Interior Adhesive Market
27. Aerospace Interior Adhesive Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aerospace Interior Adhesive Market
29. Aerospace Interior Adhesive Market Future Outlook and Potential Analysis
30. Appendix
Companies Mentioned
- Henkel AG & Co.KGaA
- Huntsman Corporation
- Avery Dennison
- Arkema S.A.
- Solvay S.A.
For more information about this report visit https://www.researchandmarkets.com/r/v8kf3c
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