Aerospace Interior Adhesive Market

Aerospace Interior Adhesive Market Size 2023-2028)

The Aerospace interior adhesives Market is predicted to reach a value of USD 1,101.3 million by the end of the year 2028, with a current CAGR of 5.10% between 2023-2028

Aviation fuel prices fall and air traffic increases on carriers. Low cost and the purchase of new aircraft by airline operators for fleet modernization are the main factors likely to drive expansion in the aircraft interior adhesives market. Adhesives for aerospace interiors are developed to provide strong and durable bonds, be fire-resistant, and ensure the safety of passengers and crew. The increase in the use of composite materials and lightweight plastics in the aeronautical industry is driving the market call for adhesives for aerospace interiors. Adhesives are materials that can join the two surfaces through bonding and cohesion mechanisms. It plays a vital role in the manufacture of aircraft interiors. Indoor aerospace adhesives are available in resin forms, such as epoxy resin, cyanoacrylate, polyurethane, acrylic, and others. The evolving trend in this market is a high call for light aircraft, resulting in higher fuel efficiency. Helps maintain the quality of interior planes without adding additional weight. The call for aerospace interior adhesives is growing on different aircraft such as single-aisle, small widebody, medium widebody, large widebody, and regional aircraft.

Aerospace Interior Adhesive Market Trends:

The large-body aircraft type was the largest segment of the aerospace interior adhesive market. Large wide-body aircraft are four-engine jets that can accommodate up to 850 passengers. The call for jumbo jets is greatest for high-traffic routes, which often connect international destinations. They are the first choice for passengers, due to factors such as comfort, flexibility, and efficiency. Large interior space, a wide range of cabin interiors, and suitability for long-haul flights are the main factors predicted to drive expansion in the segment.

Aerospace Interior Adhesive Market Drivers:

The commercial aviation industry generates significant revenue for the aerospace interior adhesives market. It is estimated that the increase in the number of steering wheels due to globalization will boost the market for aerospace adhesives for interiors. Strict laws regulate the use of adhesive materials employed inside aircraft, including the type of adhesives employed in aircraft interiors. Materials such as adhesives employed in aircraft must meet Federal Aviation Administration (FAA) safety standards for the US aerospace interior adhesives market. The aerospace interior adhesives market size is growing substantially, with a growing call to build light aircraft to increase fuel efficiency. The growing call for lightweight composite construction of aircraft cabin peripheries will contribute to the expansion of the aerospace interior adhesives market during the foreseen period. The industry is focused on reducing expenses and building more space for the comfort of passengers. Excellence in providing a wonderful passenger experience is vital to today's aviation industry. Regulation of the aviation industry to reduce pollutant emissions for passenger safety in the event of a fire will also be a major driver of expansion in the aerospace interior adhesives market.

Aerospace Interior Adhesive Market Restraints:

Environmental regulation is an important factor that can slow the expansion of the aerospace interior adhesives market.

AEROSPACE INTERIOR ADHESIVE MARKET REPORT COVERAGE:

Opportunities in the Aerospace Interior Adhesive Market:

The escalating call for composites in aircraft and the changing middle-class population in the world will drive the aerospace interior adhesives market expansion on schedule. The largest segment where pastes are employed is the panels that are an integral part of the aircraft. Composites and plastics employed to make panels require rubbers for bonding and these are specially tested for the materials to be bonded. The expansion of the middle class and rising disposable income along with the growing call for low-cost airlines are important factors that are predicted to drive the expansion of the aerospace interior adhesives market. The aerospace interior adhesives market has seen significant expansion due to factors such as larger single-aisle applications, small wide-body, medium wide-body, large wide-body, and regional aircraft. Aerospace interior adhesives are mainly employed to bond them. An increase in the use of lightweight composite interior panels in the aviation industry is driving the worldwide aerospace interior adhesives market. Furthermore, the increase in the number of steering wheels due to globalization is predicted to boost the market for aerospace adhesives for interiors.

Challenges in the Aerospace Interior Adhesive Market:

The implementation of strict environmental regulations is a major factor limiting the worldwide aerospace interior adhesives market.

Aerospace Interior Adhesive Market Segmentation:

By Resin Type:

• Epoxy resin

• Cyanoacrylate

• Polyurethane

• Acrylic

• Others

By Aircraft Type:

• Narrow-body aircraft

• Wide-body aircraft

• Very large aircraft

• General aviation

• Regional jets

By Application Type:

• Seating

• Inflight entertainment

• Galley

• Stowage bin

• Lavatory

• Panel

• Others

The panel app has the majority of the worldwide aerospace adhesives market and is predicted to maintain its dominance over the foreseen period.

Aerospace Interior Adhesive Regional Analysis:

• North America 
• Europe 
• Asia Pacific
• Latin America 
• Middle East & Africa 

North America dominates the worldwide aerospace interior adhesives market. The United States is the center of the worldwide aviation industry with the presence of many large and small aircraft manufacturers, OEMs, adhesive manufacturers, suppliers, and distributors. The Asia-Pacific aerospace interior adhesives market is predicted to grow at a tremendous rate over the next five years, as large aircraft manufacturing companies such as Airbus and Boeing shift their production facilities to China.

Europe is also an important center for the aviation industry, as a large number of aircraft manufacturers have established production bases in the region. Increased military spending by European countries and the boom in the commercial air transport sector are predicted to increase the market for interior adhesives for the aerospace industry in Europe.

The Asia-Pacific region is the fastest-growing market for interior aerospace adhesives. This expansion is supported by the rise of the middle class and the growing call for air travelers in the region, which will support the call for new light aircraft. Asia-Pacific has been the fastest-growing market for interior aerospace adhesives, both in terms of volume and value. Expansion in Asia-Pacific was supported by strong expansion in air traffic. Airline passenger traffic in the Asia Pacific is predicted to grow 6.2% over the next 20 years, which is considered high compared to developed regions. This rapid expansion in passenger air traffic in the Asia-Pacific region is predicted to lead aircraft manufacturers in the region to increase capacity through the purchase of new aircraft. This increased number of aircraft would require more adhesives, which is predicted to drive expansion in the aerospace interior adhesives market.

North America has dominated the worldwide aerospace interior adhesives market, with the region being the manufacturing capital of the aviation industry with the regional presence of several aircraft manufacturers, major players, adhesive manufacturers, distributors, and raw material suppliers. Asia-Pacific is predicted to see the strongest expansion in the next five years, driven by future commercial and regional aircraft and the world's largest fleet of commercial aircraft.

Recent Developments in the Aerospace Interior Adhesive Market:

• Chemique Adhesives launches a new aerospace adhesive at Aircraft Interiors Expo. At this year's Aircraft Interiors Expo, Chemique Adhesives, a leading developer and manufacturer of innovative adhesive products and systems, is launching its new Aerotak line of products, all developed specifically for aerospace applications.
• Huntsman  Advanced Materials is launching a new line of structural adhesives designed specifically for the aerospace industry. Designed in close cooperation with development teams from leading aircraft manufacturers, a range of new products from Huntsman's Araldite, Epibond, and Epocast portfolios are now available for the construction, assembly, and maintenance of composite interior and exterior components at commercial sites.

Aerospace Interior Adhesive Market Key Players:

1. Henkel AG & Co.KGaA (Germany)
2. Huntsman Corporation (U.S)
3. Avery Dennison (U.S.)
4. Arkema S.A. (France)
5. Solvay S.A. (Belgium)
6. Hexcel Corporation (U.S.)
7. 3M Company (U.S.)
8. Delo Industrial Adhesives (Germany)
9. Master Bond Inc.(U.S.)
10. Permabond LLC (U.K.)