Aerospace Adhesives Market By Resin Type (Silicone, Polyurethane, Epoxy and Other Resin Types), Technology (Waterborne, Solvent-borne and Reactive), Function (Non-Structural and Structural) and Application (Maintenance, Repair & Operations (MRO) and Original Equipment Manufacturer (OEM)) - Global Industry Analysis And Forecast To 2025
The adhesives used in the aerospace industry are utilized all through the inside, outside and the engine compartment of the aircraft. On all the things like the overhead lockers, helpful seat plate and also the lighting in-floor. The engine has thread-lockers, hydraulic system thread sealants, retaining compounds and the structural adhesives. The outside boards are fortified, wing competes, entryway moldings and the various other parts. The choice of these adhesives for the aviation applications depends on substrates to be utilized and the necessities of the bond. Therefore, the Aerospace Adhesives Market is anticipated to expand and has tremendous scope during the forecast period. The global Aerospace Adhesives Market anticipated to flourish in the future by growing at a significantly higher CAGR.
Drivers & Restrains
The driving factors of the market are; rising demand from the aerospace industry, increasing demand for commercial aircrafts across the globe, increasing passengers base, increasing disposable income with the people & changing lifestyle, increasing demand from the defense sector across the globe, growing focus on the travel & tourism industry, increasing number of research & development activities related to this field and other factors. The restraining factor of the market is the changing costs of these adhesives.
The North American region is leading the global Aerospace Adhesives Market owing to increasing export of products related to aerospace, increasing number of commercial airlines fleet, etc.
Aerospace Adhesives Market, By Region
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Huntsman International LLC
Arkema Group (Bostik SA)
Avery Dennison Corporation
Hernon Manufacturing Inc.
Beacon Adhesives Inc.
Henkel AG & Company KGaA
Cytec Solvay Group
DELO Industrie Klebstoffe GmbH & Co. KGaA
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?