Aerospace Coating Market was valued at US$ 1.99 Bn. in 2022. Aerospace Coating Market size is expected to grow at a CAGR of 7% through the forecast period.
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Aerospace Coating Market Report Scope and Research Methodology
The Aerospace Coating Market report includes the comprehensive analysis of the industry in a simple language. A detailed analysis of Aerospace Coating Market dynamics has been included in the report. The past, present and the expected trends in the forecast period has also been provided in the report. For understanding the global factors affecting the industry, the report presents drivers, challenges, restraints and opportunities prevailing in the Aerospace Coating market. Detailed analysis of external & internal factors impacting the market is covered through PESTEL & PORTER analysis.
Dedicated study of the rivalry in the industry is covered, which includes market leaders, followers, and new entrants. Extensive primary research was conducted to acquire information and verify and confirm the crucial numbers arrived at after comprehensive Aerospace Coating market engineering and calculations for market statistics; market size estimations, market forecasts, market breakdown and data triangulation. The secondary data was collected from the company’s annual reports, articles, paid and free databases, etc. To estimate the regional and global Aerospace Coating market size, the bottom-up approach was used.
Aerospace Coating Market Overview
The industry overview gives thorough details about the size of the market all the market dynamics including strategies, market revenue, pricing analysis, micro and macro market trends and scenarios & Industry benchmarks. Region wise market opportunities & barriers are also studied in detail.
Market Segmentation
Leveraging technology Based on technology, the aerospace coating market is segmented into liquid coating and powder coating categories. In 2022, the market segment for liquid coatings had a larger market share. Liquid coating materials generate a uniformly smooth surface in addition to improved coverage on hard-to-reach surfaces such interior corners. These coatings are often applied by dip spins, air sprays, or hand brushes. They are also employed as corrosion inhibitors. Liquid coatings come in two varieties: solvent-based and water-based. Solvent-based coatings are used in the aircraft industry because they are more resistant to bad weather. As a result of stricter environmental regulations and government-imposed VOC emission limits, there is an increase in demand for liquid coating materials, particularly solvent-based liquid coatings.
according to the end user, Based on end users, the aerospace coating market is segmented into three groups: general aviation, commercial aviation, and military aviation. In 2022, the commercial aviation industry accounted for the largest market share. In recent years, the commercial aviation industry has grown into a lucrative market for aerospace coatings. The primary purposes of commercial aviation, which is considered to be a subset of civil aviation, are the movement of people and goods. The increase in air travel, expansion of international trade, and surge in freight traffic, all of which have spawned new developments in the commercial aviation industry, are driving the growth of this market.
Due to expanding tourism and decreasing travel costs, there is a growing demand for passenger air travel, which is propelling an increase in the number of commercial aircraft internationally. As trade between countries like China and India expands, there is a growing demand for air freight. The rising demand for premium coatings with greater durability is predicted to cause the military end-user market to grow significantly over the course of the forecast period. Military aircraft, which typically use aluminium alloys, require coatings with higher corrosion resistant materials.
Market Key Players
1. AkzoNobel N.V
2. PPG Industries Inc
3. Sherwin Williams
4. Mankiewicz Gebr.& Co.
5. Axalta Coating Systems
6. Saint-Gobain S.A.
7. Henkel Corporation
8. LORD Corporation
9. Asahi Kinzoku Kogyo
10.IHI Ionbond AG
11.Zircotec Ltd
12.Basf Se
13.Hentzen Coatings, Inc
14.Mapaero
15.Zircotec Ltd
16.Brycoat
17.Argosy
18.Axalta
Aerospace Coating Market Regional Insights
The regional analytics cover North America, South America, Asia Pacific, Europe & Middle East and Africa. The report includes a detailed explanation of market size, market drivers, barriers, CAGR, and import and export in all the regions.
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Key questions answered in the Aerospace Coating Market are:
- What is Aerospace Coating?
- What are the global trends in the Aerospace Coating Market?
- What was the Aerospace Coating Total Market size in 2022?
- What is expected Aerospace Coating Market size by 2029?
- Who held the largest market share in Market?
- Who are the leading companies and what are their portfolios in Market?
- What are the major challenges that the Aerospace Coating Industry could face in the future?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Industrial Manipulator Market Size, Share, Size & Forecast by different segment | 2022−2029
- Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Industrial Manipulator Market Segmentation – A detailed analysis by Type, Application and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
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