The Aerospace Interior Adhesive Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).


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According to The Business Research Company’s Aerospace Interior Adhesive Global Market Report 2024, The aerospace interior adhesive market size has grown strongly in recent years. It will grow from $1.2 billion in 2023 to $1.28 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to regulatory changes, environmental concerns, increase in number of aircraft and air passengers, increase in defense expenditure, rise in investment for research and development activity .

The aerospace interior adhesive market size is expected to see strong growth in the next few years. It will grow to $1.7 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to growing demand for new commercial aircraft, rise in government initiatives, aging aircraft fleets, increasing disposable income, demand for fuel-efficient aircraft. Major trends in the forecast period include rapid cure adhesives, fire-resistant adhesives, sustainable adhesives, lighter weight solutions, collaboration and partnerships.

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 March 2022, according to an article published by International Air Transport Association, a Cuba-based world's airline trade association, international traveler numbers in 2021 will be 27% higher than in previous years. This figure is expected to rise to 69% by 2022, 82% by 2023, 92% by 2024, and 101% by 2025. The International Air Transport Association (IATA) predicts that total traveller numbers will exceed 4.0 billion in 2024 (counting multi-sector connecting trips as one passenger), surpassing pre-COVID-19 levels. Therefore, the growth in the number of flyers is expected to boost demand for aerospace interior adhesives market during the forecast period.

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The aerospace interior adhesive market covered in this report is segmented –

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

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 June 2021, Solvay S.A., a Belgium-based manufacturer of plastics and chemicals, launched AeroPaste 1006, 1009, and 1100 adhesive pastes, as well as BR 179 non-chromate primer. These groundbreaking aerospace adhesive and surfacing technology advancements not only improve part assembly efficiency but also provide unrivalled processing flexibility, making them ideal for ever-increasing production rates. AeroPaste is Solvay's new generation of epoxy-based structural paste adhesives that provide film-like properties and performance that are comparable or superior to the market's leading film adhesives. This new portfolio of paste adhesives, designed specifically for rapid assembly and automation, will support industrialization requirements in the aerospace industry.

The aerospace interior adhesive market report table of contents includes:

1. Executive Summary
2. Aerospace Interior Adhesive Market Characteristics
3. Aerospace Interior Adhesive Market Trends And Strategies
4. Aerospace Interior Adhesive Market - Macro Economic Scenario
5. Global Aerospace Interior Adhesive Market Size and Growth
.....................
31. Global Aerospace Interior Adhesive Market Competitive Benchmarking
32. Global Aerospace Interior Adhesive Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Aerospace Interior Adhesive Market
34. Aerospace Interior Adhesive Market Future Outlook and Potential Analysis
35. Appendix
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