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Report Description

Report Description

Global Aerospace Coatings Market is projected to grow at an impressive rate through 2028 due to the increasing demand for commercial aircraft. 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

Global air passenger traffic growth has increased demand for commercial aircraft, which has led to higher levels of commercial aircraft production. Future market expansion for Aerospace Coatings is anticipated to be fueled by the global rise in urbanization. Urbanization describes the flow of people from rural to urban areas and the rise in urban population density. 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. Therefore, the market for Aerospace Coatings is expanding due to increased global urbanization. With the increasing number of aviation fleet around the world and growing usage of air travel will increase the demand for aerospace coatings.

Growing Demand for Chromate-Free Technologies

Aluminum is submerged in a potassium or sodium dichromate and sulfuric acid solution to create a chromium-based coating. A chromium-based coating forms a thin, corrosion-resistant oxide film and gives the metal some surface roughness that facilitates mechanical interlocking, increasing adhesion. Primers have typically been made with chromated pigments dispersed in an epoxy resin. As a function of organic polymer resistance, the organic resin in the epoxy-based primer mediates the global galvanic protection potential and offers barrier protection to the substrate. Around 12 million tons of VOC has been emitted by United States in 2021 hence, to reduce VOC emissions, several nations have established strict environmental regulations. Coating products must adhere to the Industrial Maintenance (AIM) coating emission requirements set by the U.S. Environmental Protection Agency (EPA). Coatings that are water-borne must adhere to these rules. In the coming years, the demand for chromate free coatings is expected to increase due to the rising demand for going green and the consequent reduction of VOC emissions' adverse environmental effects.

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 introduced 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.


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Market Segmentation

Global Aerospace Coatings market is segmented by resin type, by technology, by user, and by end use. Based on resin type, the market is segmented into polyurethane, epoxy, and others. Based on by technology, the market is segmented into water borne, solvent borne, and powder coatings. Based on user, the market is segmented Original Equipment Manufacturer and Maintenance, Repair & Overhaul. Based on end use, the market is segmented into Commercial Aviation, Military Aviation, General Aviation.

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)

Report Scope:

In this report, Global Aerospace Coatings Market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

  • Global Aerospace Coatings market, by resin type:
    • Polyurethane
    • Epoxy
    • Others
  • Global Aerospace Coatings market, by technology:
    • Water borne
    • Solvent borne
    • Powder Coating
    • Others
  • Global Aerospace Coatings Market, by user type:
    • Original Equipment Manufacturer
    • Maintenance, Repair & Overhaul Interior
    • Others
  • Global Aerospace Coatings Market, by end use industry:
    • Commercial Aviation
    • Military Aviation
    • General Aviation
  • Global Aerospace Coatings Market, by region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
    • South America
      • Brazil
    • Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

§  Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies in Global Aerospace Coatings Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Aerospace Coatings Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, and Trends

4.    Voice of Customer

5.    Global Aerospace Coatings Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value & Volume

5.2.  Market Share & Forecast

5.2.1.     By Resin Type (Polyurethane, Epoxy and Others)

5.2.2.    By Technology (Water Based Coatings, Solvent Based Coatings, Powder Coating, Others)

5.2.3.    By User Type (Original Equipment Manufacturer and Maintenance, Repair & Overhaul)

5.2.4.    By End-use Industry (Commercial Aviation, Military Aviation, General Aviation)

5.2.5.    By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)

5.2.6.     By Company (2022)

5.3.  Market Map

5.3.1.     By Resin Type

5.3.2.     By Technology

5.3.3.     By User Type

5.3.4.     By End Use

5.3.5.     By Region

5.4.  Pricing Analysis

6.    North America Aerospace Coatings Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Resin Type

6.2.2.     By Technology

6.2.3.     By User Type

6.2.4.     By End Use

6.2.5.     By Country

6.3.  Pricing Analysis

6.4.  North America: Country Analysis

6.4.1.     United States Aerospace Coatings Market Outlook

6.4.1.1.         Market Size & Forecast

6.4.1.1.1.             By Value & Volume

6.4.1.2.         Market Share & Forecast

6.4.1.2.1.             By Resin Type

6.4.1.2.2.             By Technology

6.4.1.2.3.             By User Type

6.4.1.2.4.             By End Use

6.4.2.     Mexico Aerospace Coatings Market Outlook

6.4.2.1.         Market Size & Forecast

6.4.2.1.1.             By Value & Volume

6.4.2.2.         Market Share & Forecast

6.4.2.2.1.             By Resin Type

6.4.2.2.2.             By Technology

6.4.2.2.3.             By User Type

6.4.2.2.4.             By End Use

6.4.3.     Canada Aerospace Coatings Market Outlook

6.4.3.1.         Market Size & Forecast

6.4.3.1.1.             By Value & Volume

6.4.3.2.         Market Share & Forecast

6.4.3.2.1.             By Resin Type

6.4.3.2.2.             By Technology

6.4.3.2.3.             By User Type

6.4.3.2.4.             By End Use

7.    Europe Aerospace Coatings Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Resin Type

7.2.2.     By Technology

7.2.3.     By User Type

7.2.4.     By End Use

7.2.5.     By Country

7.3.  Pricing Analysis

7.4.  Europe: Country Analysis

7.4.1.     France Aerospace Coatings Market Outlook

7.4.1.1.         Market Size & Forecast

7.4.1.1.1.             By Value & Volume

7.4.1.2.         Market Share & Forecast

7.4.1.2.1.             By Resin Type

7.4.1.2.2.             By Technology

7.4.1.2.3.             By User Type

7.4.1.2.4.             By End Use

7.4.2.     Germany Aerospace Coatings Market Outlook

7.4.2.1.         Market Size & Forecast

7.4.2.1.1.             By Value & Volume

7.4.2.2.         Market Share & Forecast

7.4.2.2.1.             By Resin Type

7.4.2.2.2.             By Technology

7.4.2.2.3.             By User Type

7.4.2.2.4.             By End Use

7.4.3.     United Kingdom Aerospace Coatings Market Outlook

7.4.3.1.         Market Size & Forecast

7.4.3.1.1.             By Value & Volume

7.4.3.2.         Market Share & Forecast

7.4.3.2.1.             By Resin Type

7.4.3.2.2.             By Technology

7.4.3.2.3.             By User Type

7.4.3.2.4.             By End Use

7.4.4.     Italy Aerospace Coatings Market Outlook

7.4.4.1.         Market Size & Forecast

7.4.4.1.1.             By Value & Volume

7.4.4.2.         Market Share & Forecast

7.4.4.2.1.             By Resin Type

7.4.4.2.2.             By Technology

7.4.4.2.3.             By User Type

7.4.4.2.4.             By End Use

7.4.5.     Spain Aerospace Coatings Market Outlook

7.4.5.1.         Market Size & Forecast

7.4.5.1.1.             By Value & Volume

7.4.5.2.         Market Share & Forecast

7.4.5.2.1.             By Resin Type

7.4.5.2.2.             By Technology

7.4.5.2.3.             By User Type

7.4.5.2.4.             By End Use

8.    Asia-Pacific Aerospace Coatings Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Resin Type

8.2.2.     By Technology

8.2.3.     By User Type

8.2.4.     By End Use

8.2.5.     By Country

8.3.  Pricing Analysis

8.4.  Asia-Pacific: Country Analysis

8.4.1.     China Aerospace Coatings Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value & Volume

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Resin Type

8.4.1.2.2.             By Technology

8.4.1.2.3.             By User Type

8.4.1.2.4.             By End Use

8.4.2.     India Aerospace Coatings Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value & Volume

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Resin Type

8.4.2.2.2.             By Technology

8.4.2.2.3.             By User Type

8.4.2.2.4.             By End Use

8.4.3.     Japan Aerospace Coatings Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value & Volume

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Resin Type

8.4.3.2.2.             By Technology

8.4.3.2.3.             By User Type

8.4.3.2.4.             By End Use

8.4.4.     South Korea Aerospace Coatings Market Outlook

8.4.4.1.         Market Size & Forecast

8.4.4.1.1.             By Value & Volume

8.4.4.2.         Market Share & Forecast

8.4.4.2.1.             By Resin Type

8.4.4.2.2.             By Technology

8.4.4.2.3.             By User Type

8.4.4.2.4.             By End Use

8.4.5.     Australia Aerospace Coatings Market Outlook

8.4.5.1.         Market Size & Forecast

8.4.5.1.1.             By Value & Volume

8.4.5.2.         Market Share & Forecast

8.4.5.2.1.             By Resin Type

8.4.5.2.2.             By Technology

8.4.5.2.3.             By User Type

8.4.5.2.4.             By End Use

9.    South America Aerospace Coatings Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Resin Type

9.2.2.     By Technology

9.2.3.     By User Type

9.2.4.     By End Use

9.2.5.     By Country

9.3.  Pricing Analysis

9.4.  South America: Country Analysis

9.4.1.     Brazil Aerospace Coatings Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value & Volume

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Resin Type

9.4.1.2.2.             By Technology

9.4.1.2.3.             By User Type

9.4.1.2.4.             By End Use

10.  Middle East and Africa Aerospace Coatings Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Resin Type

10.2.2.  By Technology

10.2.3.  By User Type

10.2.4.  By End Use

10.2.5.  By Country

10.3.              Pricing Analysis

10.4.              MEA: Country Analysis

10.4.1.  South Africa Aerospace Coatings Market Outlook

10.4.1.1.      Market Size & Forecast

10.4.1.1.1.           By Value & Volume

10.4.1.2.      Market Share & Forecast

10.4.1.2.1.           By Resin Type

10.4.1.2.2.           By Technology

10.4.1.2.3.           By User Type

10.4.1.2.4.           By End Use

10.4.2.  Saudi Arabia Aerospace Coatings Market Outlook

10.4.2.1.      Market Size & Forecast

10.4.2.1.1.           By Value & Volume

10.4.2.2.      Market Share & Forecast

10.4.2.2.1.           By Resin Type

10.4.2.2.2.           By Technology

10.4.2.2.3.           By User Type

10.4.2.2.4.           By End Use

10.4.3.  UAE Aerospace Coatings Market Outlook

10.4.3.1.      Market Size & Forecast

10.4.3.1.1.           By Value & Volume

10.4.3.2.      Market Share & Forecast

10.4.3.2.1.           By Resin Type

10.4.3.2.2.           By Technology

10.4.3.2.3.           By User Type

10.4.3.2.4.           By End Use

10.4.4.  Turkey Aerospace Coatings Market Outlook

10.4.4.1.      Market Size & Forecast

10.4.4.1.1.           By Value & Volume

10.4.4.2.      Market Share & Forecast

10.4.4.2.1.           By Resin Type

10.4.4.2.2.           By Technology

10.4.4.2.3.           By User Type

10.4.4.2.4.           By End Use

10.4.5.  Egypt Aerospace Coatings Market Outlook

10.4.5.1.      Market Size & Forecast

10.4.5.1.1.           By Value & Volume

10.4.5.2.      Market Share & Forecast

10.4.5.2.1.           By Resin Type

10.4.5.2.2.           By Technology

10.4.5.2.3.           By User Type

10.4.5.2.4.           By End Use

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges       

12.  Market Trends & Developments

12.1.              Merger & Acquisition

12.2.              Product Development

12.3.              Product Launches

13.  Porters Five Forces Analysis

13.1.              Competition in the Industry

13.2.              Potential of New Entrants

13.3.              Power of Suppliers

13.4.              Power of Customers

13.5.              Threat of Substitute Products

14.  Competitive Landscape

14.1.              Business Overview

14.2.              Company Snapshot

14.3.              Products & Services

14.4.              Financials (In case of listed companies)

14.5.              Recent Developments

14.6.              SWOT Analysis

14.6.1.  Akzo Nobel N.V.

14.6.2.  The Sherwin-Williams Company

14.6.3.  PPG Industries, Inc

14.6.4.  Axalta Coating Systems Ltd

14.6.5.  Asahi Kinzoku Kogyo Inc.

14.6.6.  Brycoat.Inc.

14.6.7.  International Aerospace Coatings Holdings LP

14.6.8.  Nippon Paint Holdings Co., Ltd

14.6.9.    Hentzen Coatings, Inc

14.6.10.  BASF Coatings GmbH

Strategic Recommendations

Figures and Tables

Frequently asked questions

Frequently asked questions

Based on resin type used in aerospace industry are polyurethane, epoxy and others.

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 operating in the global Aerospace Coatings market.

Commercial Aviation is expected to capture the highest market share in the forecast period due to the increase in aircraft fleet all around the globe.

The North America is dominating the market and is expected to maintain its dominance over the next five years due to increase of urbanization.

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