Lucintel Anticipates Adhesives in the Global Aerospace Industry to Grow at a CAGR of 3.1% during 2014-2020

Irving/Texas, May 15, 2015 (Newswire.com) - Adhesives are used for both structural and non-structural parts in various aircrafts, such as commercial, regional, general aviation, helicopter, and defense. Structural adhesives offer fast processing speeds and exceptional bond strengths. These adhesives are formulated to improve vehicle performance and safety, and enhance comfort. Adhesives help in bonding side walls, luggage racks, light covers, doors and door frame covers, cabin lighting, illuminated signs, and reflective stripes in aircrafts.

Global economic recovery, increasing air traffic, increasing orders and deliveries of commercial and regional aircrafts, and increased use of composites to reduce aircraft weight are the key drivers of adhesives in the aerospace industry. Commercial aircraft is the largest segment of adhesives in the aerospace industry in terms of value.

Adhesives in the global aerospace industry is expected to grow at a CAGR of 3.1% over the next six years (2014-2020). North America has been the top region in terms of adhesive consumption in the aerospace industry, followed by Europe, Asia Pacific, and Rest of the World. Henkel, Cytec, The Dow Chemical Company, 3M Company, and Hexcel Corporation are some of the suppliers of adhesives for various applications in the aerospace industry.

Lucintel, a leading global management consulting and market research firm, has analyzed the consumption of adhesives in the global aerospace market and has come up with a comprehensive research report, “Growth Opportunities for Adhesive in Global Aerospace Industry 2014-2020: Trend, Forecast, and Opportunity Analysis.” This report provides an analysis of adhesives in the aerospace industry, including the analysis of market trends, competitive landscapes, company profiles, emerging trends, and key drivers of industry growth. The study also includes adhesives in the global aerospace market forecasts by 2020, segmented by regions, product types, and aircraft types:

Adhesives in the global aerospace industry by regions: 

• North America

• Europe

• Asia Pacific

• Rest of World

Adhesives in the global aerospace industry by product types: 

• Epoxy Adhesives

• Other Adhesives

Adhesives in the global aerospace industry by aircraft types: 

• Commercial Aircraft

• Regional Aircraft

• General Aviation 

• Defense Aircraft

• Helicopters

This 136-page research report will enable you to make confident business decisions in adhesives in the global aerospace industry. For a detailed table of contents and pricing information on this timely, insightful report, click on this link http://www.lucintel.com/reports/chemical_composites/growth_opportunities_for_adhesive_in_global_aerospace_industry_2014-2020_trend_forecast_and_opportunity_analysis_may_2014.aspx or contact Lucintel at +1-972-636-5056 or via email at [email protected]. Lucintel offerings include Chemical Market Research Reports, Chemical Industry Analysis Report, Opportunity Screening and Analysis, Capital Investment Feasibility and SWOT Analysis.

Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com. You can also contact us through Live Chat in its website to answer your questions in real time.

About Lucintel

Lucintel, the premier global management consulting and market research firm creates winning strategy for growth—whether you need to understand market dynamics, identify new opportunities, or increase your profitability. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. Over the last 15 years, Lucintel has served over 1,000 corporations in 70 countries. For further information, visit www.lucintel.com.