The IMARC Group provides extensive analysis of the aerospace coatings industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on aerospace coatings market size, share, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The market is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.
Informed covered in the report:
- Historical market data from 2016-2021
- CAGR of the market during the forecast period 2022-2027
- Detailed information on factors that will drive market growth during the next five years
- Precise estimation of the Keyword market size and its contribution to the parent market
- Upcoming market trends and changes in consumer behavior
- A thorough analysis of the market’s competitive landscape and detailed information on key players
- Comprehensive details of factors that will challenge the growth of smart meters market key players
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The global aerospace coatings market size reached US$ 1.3 Billion in 2021. Aerospace coatings, also known as aircraft paints, are made using several layers of materials to improve aircraft performance and efficiency. These coatings offer resistance against corrosion and ultraviolet (UV) rays and can withstand high temperatures, which helps to increase the aircraft’s lifespan. As a result, aerospace coatings are used to protect the exteriors of planes from harsh weather conditions, reduce in-flight drag on wings, prevent surface icing, improve durability, facilitate vacuum-suction waste evacuation, etc. They are also utilized in keeping cool the interior parts, such as ceiling panels, sidewalls, galley carts, seats, etc.
Aerospace Coatings Market Trends:
A significant rise in the demand for commercial aviation is driving the aerospace coatings market. The expanding e-commerce sector and the growing travel and tourism industry are contributing to the product demand. Furthermore, increasing levels of globalization are encouraging the adoption of private jets for business travel, thereby augmenting the market growth. Additionally, with the elevating international border disputes, various governing agencies are procuring advanced military warplanes. Moreover, numerous key players are developing UV-cured aerospace coatings to minimize the emissions of volatile organic compounds (VOCs), thereby bolstering the global market. Besides this, the wide utilization of chrome-free technologies and lightweight materials to reduce weight and fuel consumption is anticipated to fuel the market growth in the coming years. Looking forward, IMARC Group expects the aerospace coatings market to reach US$ 1.8 Billion by 2027, exhibiting a growth rate (CAGR) of 5.37% during 2022-2027.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- Aalberts Surface Treatment GmbH
- Akzo Nobel N.V.
- Axalta Coating Systems Ltd.
- Henkel AG & Co. KGaA
- Hentzen Coatings Inc.
- IHI Ionbond AG
- Mankiewicz Gebr. & Co. (GmbH & Co. KG)
- PPG Industries Inc.
- Saint-Gobain S.A.
- The Sherwin-Williams Company
- Zircotec Ltd.
Market Segmentation:
Breakup by Resin Type:
- Epoxy
- Acrylic
- Polyurethane
- Others
Breakup by Product Form:
- Liquid
- Powder
- Others
Breakup by Application:
- Exterior
- Interior
Breakup by Aircraft Type:
- Commercial
- Military
- Others
Breakup by End User:
- Original Equipment Manufacturers (OEMs)
- Maintenance, Repair and Overhaul Companies (MRO Companies)
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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