DUBLIN, Apr. 29, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/3w4dpn/aerospace) has announced the addition of the "Aerospace Adhesives & Sealants Market by Resin Type (Epoxy & Others), by End-user Industry (Commercial, Military & General Aviation), by User Type (Original Equipment Manufacturer (OEM) & Maintenance, Repair & Overhaul (MRO)) - Global Forecast to 2019" report to their offering.
The aerospace adhesive market is estimated to reach 74.07 kilotons by volume by 2019, signifying a firm CAGR of over 4% between 2014 and 2019.
The global aerospace adhesive market, along with its end-user industries, showed a moderate growth in the past few years and is estimated to continue in the coming years. An increase in the demand in commercial, military, and general aviation end-user industries will be the key influencing factors for the global aerospace adhesive market. The demand for air travelling activities is increasing in the emerging countries and commercial aircrafts are used which eventually drive the aerospace adhesive market.
Currently, the Asia-Pacific region is the largest consumer of aerospace adhesive and is estimated to grow at the highest CAGR. The countries such as China, Japan, and India is expected to lead the Asia-Pacific aerospace adhesive market, with China having the largest share in the regional volumetric consumption of aerospace adhesives. The market volume of aerospace adhesive is comparatively low in the RoW region, but the estimated growth for the region is second highest after Asia-Pacific.
More than 70% of the total aerospace adhesive demand was for the fcommercial end-user industry in 2013, with military demand being the second largest end-user industry.
The North America and the Western Europe regions are the most active markets in terms of strategic initiatives, owing to their market demands. The commercial end-user industry has led the rapid growth in the aerospace adhesive market.
The significant aerospace adhesive manufacturers in Asia-Pacific include are 3M (U.S.), Cytec Industries Inc. (U.S.), Henkel AG & Company (Germany), Hexcel Corporation (U.S.), Huntsman Corporation (U.S.), PPG Industries Inc. (U.S.), and other local players.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Aerospace Adhesives & Sealants Market, By Resin Type
8 Aerospace Adhesives & Sealants Market, By User Type
9 Aerospace Adhesives & Sealants Market, By End-User Industry
10 Aerospace Adhesives Market, By Region
11 Competitive Landscape
12 Company Profiles
- Beacon Adhesives Inc.
- Cytec Industries Inc.
- Henkel AG & Company
- Hexcel Corporation
- Huntsman Corporation
- Master Bond
- PPG Industries Inc.
- Royal Adhesives & Sealants
- United Resin Corporation
For more information visit http://www.researchandmarkets.com/research/3w4dpn/aerospace
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets