$1.10 Billion Aerospace Interior Adhesive Market 2017 by Resin Type, Product Type, Aircraft Type - Global Forecast to 2021 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Aerospace Interior Adhesive Market by Resin Type (Epoxy, Cyanoacrylate, Acrylic, PU), Product Type (IFE, Seating, Stowage Bins, Galley, Panels), Aircraft Type (Single Aisle, Regional Jets, Small, Medium, Large Wide Body) - Global Forecast to 2021" report to their offering.

The global aerospace interior adhesive market is projected to reach USD 1,101.7 million by 2021, at a CAGR of 5.35% from 2016 to 2021.

The growing middle class and increasing disposable income as well as growing demand of low cost airlines are major factors expected to drive the growth of the aerospace interior adhesive market. However, stringent government regulations and stagnant growth in North America and Europe may restrain the growth of the aerospace interior adhesive market.

Small wide body aircraft type is expected to be the fastest-growing aircraft type between 2016 and 2021, wherein aerospace interior adhesive are used. Small wide body aircrafts are mid- to large-size, long-range, and wide body twin-engine jet airliner. These aircrafts have two engines, a conventional tail, and a supercritical wing design for reduced aerodynamic drag. They have seating capacity in the range of 120 to 180. Aircrafts such as Boeing 767 and A310 are considered under this segment. They are preferred in the shorter routes and their demand is increasing in the Asia-Pacific region.

Market Dynamics

Drivers

  • Growing Use of Composites in Commercial Aircraft
  • Replacement of Old Aircraft With New Ones
  • Increasing Demand for Low Cost Carrier (LCC)
  • Decline in Fuel Prices

Restraints

  • Stagnant Growth in North America and Europe
  • Stringent Government Regulations and High Safety Standards

Opportunities

  • Decrease in Manufacturing & Assembling Cost of Aircraft
  • Focus on Development of Fuel Efficient Aircraft
  • Global Increase in Number of Aircraft Deliveries

Challenges

  • Complying With International Safety and Quality Standards Without Increasing Cost

Companies Mentioned

  • 3M Company
  • Arkema S.A.
  • Avery Dennison Corporation
  • Delo Industrie Klebstoffe GmbH & Co KGaA
  • Henkel AG & Co. KGaA
  • Hexcel Corporation
  • Huntsman Corporation
  • Master Bond Inc.
  • Perma Bond LLC
  • Solvay S.A.

For more information about this report visit http://www.researchandmarkets.com/research/lwdt4t/aerospace

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Commercial Aerospace, Aircraft, Adhesives and Sealants

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Commercial Aerospace, Aircraft, Adhesives and Sealants