Aerospace Interior Adhesive Market Analysis, Applications Share, Trends & Forecast
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Rising demand of composite material in aircrafts and evolving middle class population worldwide will propel the growth of aerospace interior adhesive market in forecast time frame. The largest segment where pastes used are panels which are integral part of aircraft.
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Airplane gums are used in various end-use industries such as commercial, military, and general aviation. Key potential application includes use of solvent cast, liquid and web gums which are sensitive to heat and pressure and can be used in safety because of their versatility and scale for any size application. Solvent borne and waterborne gums are new technological advancement in aviation industry as they offer low environmental impact, make better utilization of plant space, increase shelf lifespan, save energy and reduce operational costs.
Aviation & defense sector driven by mergers & acquisitions will surge the demand for aerospace interior adhesive in forecast period. Commercial airline industry is the largest consumer of aerospace interior adhesive market and has accounts for largest share. Rising demand for commercial aircrafts worldwide owing to globalization will boost the market for suppliers. Major airline services like Boeing and Airbus presently have more than 9,000 commercial aircraft which has further augmented the aerospace interior adhesive market in end-use industry.
The Aerospace Interior Adhesive Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Aerospace Interior Adhesive Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2016 - 2024
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends
4. Aerospace Interior Adhesive Product Insights
5. Aerospace Interior Adhesive Application Insights
6. Aerospace Interior Adhesive Regional Insights
7. Competitor Profiles
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Airplane manufactures are adopting strategies in market like more investment & expansion in other regions, product innovation, mergers & acquisition, contracts & joint venture to surge their market share and increase their business portfolio globally. PPG Industries Inc. (U.S.) and Hexcel Corporation (U.S.) are the two major players in aerospace interior adhesive market and they adopted merger & acquisition as their major growth strategy.
In October 2015, PPG acquired LJF, which supplies its products for the end use application in aviation industry. LJF has been a licensee of PPG’s airplane gums technology for more than 60 years. The newly formed joint venture is Sealants Europe SAS which will enhance delivery service to aerospace interior adhesive to customers in the region. PPG also expanded its production plants in Germany to capture additional opportunities in a global market with excellent growth potential.
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About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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