Market Research Report
Global Aerospace Adhesives Market, 2014-2024: (0.05 Friction Coefficient, 0.08 Friction Coefficient, and 0.10 Friction Coefficient), and By Application (Electrical & Electronics, Aerospace, Automotive, and Others)
|Published by||Market Krystal||Product code||976078|
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|Global Aerospace Adhesives Market, 2014-2024: (0.05 Friction Coefficient, 0.08 Friction Coefficient, and 0.10 Friction Coefficient), and By Application (Electrical & Electronics, Aerospace, Automotive, and Others)|
|Published: August 1, 2020||Content info:||
The aerospace adhesives are the fluid substances that are used to join interior, exterior and engine compartment of aircraft. Aerospace adhesives are created using the cellulose derived from organic and inorganic materials by chemical process including natural rubber resins and other compounds. The most common aerospace adhesives include anaerobics, structural acrylics, epoxies, cyanoacrylates, as well as adhesive tapes and films. Structural adhesives like, polyurethane are relatively strong adhesives which carry stresses and are used in structural applications. Epoxy based adhesive has a unique combination of adhesion, chemical resistance, very low density and physical properties. It has liquid reactive polymers and provides outstanding protection against severe corrosive environments. The aerospace adhesives are more advantageous over the other binding techniques, which meets the requirement of light weight construction in aerospace and aircraft interior design.
The aerospace adhesive can be categories based on form into water-soluble adhesive, hot-melt adhesive and solvent based adhesive. The aerospace adhesive has broad spectrum of applications in commercial aircraft, regional aircraft, and general aviation. Most of these applications are in the engine compartment however threadlockers are used throughout to prevent vibration loosening. It can also be employed for overhead lockers, handy seat tray, floor lighting, exterior panels, wing spars, and door moldings.
The global aerospace adhesives research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global aerospace adhesives market is growing at a fast pace and increasing its geographical footprint rapidly. The global aerospace adhesives market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.
The growth is comparatively higher in APAC region due to huge consumption by aerospace sector. The major growth driver for aerospace adhesives market are the increasing aircraft deliveries and rise in adoption of various composite components in assembly of aircraft. Increasing global aircraft production is expected to drive the growth of aerospace adhesive market globally. In addition, rising defense aerospace innovation, and light weight drone technology may drive the growth of aerospace adhesive market globally.
Some of chemical based adhesives are environmental hazards and the stringent government regulation are the major impediments to the expansion of global aerospace adhesives market.
Aerospace adhesives enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and South America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of aerospace adhesives market globally. The companies that lead global market are Henkel, Cytec Solvay, 3M, Hexcel, and Huntsman.
The research process includes the market segmentation of the global aerospace adhesive market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the global aerospace adhesive market industry experts from across the global industry. Market Krystal conducts more than 40 interview hours dedicated for this study, the same are mentioned below: