Global Aerospace Interior Adhesive Market accounted for USD 850.2 million in 2016 and is projected to grow at a CAGR of 5.5% during the forecast period of 2017 to 2024.
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New report "Global Aerospace Interior Adhesive Market" of Data Bridge Market Research accounted for USD 850.2 million in 2016 and is projected to grow at a CAGR of 5.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Aerospace interior adhesives are available in resin type such as epoxy resin, cyanoacrylate, polyurethane, acrylic and others. The latest trend in this market is high demand for light weight aircraft to increase the fuel efficiency.
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There is growing demand of aerospace interior adhesive in different aircraft’s such as single aisle, small wide body, medium wide body, large wide body, regional jets. These factors are expected to play key roles in the growth of this market over the next seven years.
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Major Market Drivers:
- Growing use of composites in commercial aircraft
- High demand for low cost carrier (LCC)
- Decline in fuel prices
- Increasing demand for light weight construction of aircrafts to increase fuel efficiency
The global aerospace interior adhesive market is highly consolidated with the presence of a few players across different countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
- High safety standards
- Stringent government regulations
- The Global Telecom Managed Services Market is segmented on the basis of servicetype, organization size, and geography
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Aerospace Interior Adhesive Market Is Segmented On The Basis Of Resin Type
- epoxy resin
Aerospace Interior Adhesive Market Is Segmented On the basis of aircraft type
- single aisle
- small wide body
- medium wide body
- large wide body
- regional jets
Aerospace Interior Adhesive Market Is Segmented On the basis of product type
- inflight entertainment
- stowage bins
On the basis of geography, the aerospace interior adhesive market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.
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