Regional Analysis

North America is the largest market for aerospace interior adhesives due to high demand for commercial and military aircraft in the region. Aviation is the preferred mode of transport over rail and road. Moreover, high investments made in the aerospace sector drives the growth of the aerospace adhesives market in North America. Need for developments in military aviation due to tensed political conditions across the globe has resulted in an increasing use of aerospace interior adhesives. The region leads the global aerospace interior adhesives market, in terms of value & volume, owing to the presence of major aircraft manufacturers in the region

Asia Pacific is the fastest growing market for aerospace interior adhesives. The region has witnessed robust developments in the aerospace sector during the recent past. This has led to a significant increase in demand for aircrafts. However, high losses and debt incurred to the national aircraft carriers of India and Malaysia have resulted in a relatively slow growth of the aerospace interior adhesives in this region

The Middle East is swiftly growing as a transit hub due to low fuel prices. The rise of major airlines such as Emirates, Etihad, and Qatar Airways have led to a boom in demand for aerospace interior adhesives in the region

Europe is projected to be a major aviation hub since a large number of aircraft manufacturers have established their production bases in the region. Increased military spending by the EU countries and the growing demand for flights for improved connectivity boost the global aerospace interior adhesives market. Several planned and ongoing developments in the European countries are further expected to boost the market growth

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