Aerospace Coatings Market-Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F, Segmented By Resin Type (Polyurethane, Epoxy and Others), By Technology (Water Based Coatings, Solvent Based Coatings, Powder Coating, Others), By User Type (Original Equipment Manufacturer and Maintenance, Repair & Overhaul), By End-use Industry (Commercial Aviation, Military Aviation, General Av
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationAerospace Coatings Market-Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F, Segmented By Resin Type (Polyurethane, Epoxy and Others), By Technology (Water Based Coatings, Solvent Based Coatings, Powder Coating, Others), By User Type (Original Equipment Manufacturer and Maintenance, Repair & Overhaul), By End-use Industry (Commercial Aviation, Military Aviation, General Av
According to the reports the number of aircraft increased in United States in 2021 with a staggering number of 204,405 aircrafts.
Aerospace Coatings industry strongly emphasizes embracing cutting-edge technologies like water-borne, solvent-borne, and UV-cured. Enterprises emphasize performance, labor savings, and environmentally friendly raw materials as key growth areas. Most aerospace coatings manufacturers show a high level of forward integration. By offering clients eco-friendly and VOC-free products, they are focusing on product distinctiveness. Due to urbanization's impact on the need for building and construction materials, the Aerospace Coatings market is expanding rapidly. Over the next few years, the market is anticipated to grow due to an increase in R&D spending and continued product development to improve the performance of Aerospace Coatings. Aerospace coatings producers are expected to benefit from rising aircraft production and sales, particularly in developing nations. Leading manufacturers like Airbus and Boeing are significantly expanding the size of their global aircraft fleets, which drives the aerospace coatings market's revenue growth. The demand for MRO (maintenance, repair, and overhaul) of various components, parts, and systems is anticipated to significantly increase as more aircraft are put into service; this is anticipated to augment the development in demand for aerospace coatings.
Growing Demand of Urbanization’s and Luxurious Facility
The United Nations Department of Economic and Social Affairs projects that by 2050, 2.5 billion people, or 68% of the world's population, will reside in urban regions.
Growing Demand for Chromate-Free Technologies
Around 12 million tons of VOC has been emitted by United States in 2021
Recent Developments
In February 2022, PPG acquired a Milan, Italy-based industrial coating company called Powder Coating Manufacturing Business in Arsonsisi.
In March 2021, OEMs like Airbus and Safran approved the alkaline degreaser that Socomore launched to its portfolio of surface treatment products. Inks, oils, grease, and other substances can be removed from the surfaces of the parts to clean them.
Market Segmentation
Global Aerospace Coatings market is segmented by resin type, by technology,
Market players
Akzo Nobel N.V., The Sherwin-Williams Company, PPG Industries, Inc, Axalta Coating Systems Ltd., Asahi Kinzoku Kogyo Inc., Brycoat.Inc., International Aerospace Coatings Holdings LP, Nippon Paint Holdings Co., Ltd, Hentzen Coatings, Inc, and BASF Coatings GmbH are key market players.
|
Attribute |
Details |
|
Base Year
|
2022 |
|
Historic
Data |
2018 – 2021 |
|
Estimated
Year |
2023 |
|
Forecast
Period |
2024 – 2028 |
|
Quantitative
Units |
Revenue in USD Million, Volume in metric tons, and CAGR for 2018-2022
and 2023-2028 |
|
Report Coverage |
Revenue
forecast, Volume Forecast, company share, competitive landscape, growth
factors, and trends |
|
Segments Covered |
·
Resin Type ·
Technology ·
User ·
End Use |
|
Regional
scope |
North
America; Europe; Asia Pacific; South America; Middle East & Africa |
|
Country
scope |
United States, Canada, Mexico; China, India, Japan, South
Korea, Australia; Germany, France, United Kingdom, Italy, Spain; Brazil, South
Africa, UAE, Saudi Arabia, Turkey, and Egypt. |
|
Key
companies profiled |
Akzo
Nobel N.V., The Sherwin-Williams Company, PPG Industries, Inc, Axalta Coating
Systems Ltd., Asahi Kinzoku Kogyo Inc., Brycoat.Inc., International Aerospace
Coatings Holdings LP, Nippon Paint Holdings Co., Ltd, Hentzen Coatings, Inc,
and BASF Coatings GmbH |
|
Customization
scope |
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope. |
|
Pricing
and purchase options |
Avail
customized purchase options to meet your exact research needs. Explore purchase options |
|
Delivery
Format |
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request) |
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