Adhesives are materials, which have the ability to join two surfaces using linkage and consistent mechanisms. Adhesives play a major role in aircraft interior manufacturing. Aerospace adhesives are strong and fire & chemical resistant with superior bond performance and elasticity. Aerospace adhesives help maintain the interior quality of the aircraft without adding any additional weight. Increasing number of aircrafts, rise in interior renovation, and leasing of aircrafts also contribute to the growth of aerospace interior adhesives market.
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Demand for medium wide body aircraft drives the growth of aerospace interior adhesives market. This growth can be attributed to the availability of a large number of seats in economy class, private space for increased luxury, and accessibility of extensive range of cabin interiors. Panel is the largest segment, which uses aerospace interior adhesives. A floor panel is an important part of the airplane interior. Floor panels are made of materials strong enough to resist heavy weights and offer high strength. Panels are usually made up of composites and plastic, which require adhesives for bonding. Due to the lightweight and thermal & pressure resistant properties, epoxy resins are the most preferred type of resins.
Latin America has experienced a slowdown in the aviation sector due to the political turmoil existing in major markets of Brazil, Argentina, Colombia, and Venezuela. This has, in turn, affected the aerospace interior adhesives market in this region. Whereas, Africa is expected to witness strong market growth over the forecast period due to strong economic growth coupled with the presence of a large number of untapped markets
Some of the key players in the aerospace interior adhesives market include Henkel AG & Co.KGaA (Germany), Solvay S.A. (Belgium), Huntsman Corporation (U.S), Avery Dennison (U.S.), (France), Hexcel Corporation (U.S.), Arkema S.A., The 3M Company (U.S.), Delo Industrial Adhesives (Germany), Master Bond Inc. (U.S.), and Permabond LLC (U.K.).
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