Dublin, June 23, 2022 (GLOBE NEWSWIRE) -- The "Aerospace Coatings Market by Resin Type, Technology, User Type, End Use Industry, Application - Global Opportunity Analysis and Industry Forecast, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.
The Global Aerospace Coatings Market size valued to USD 2.15 billion in 2021, and it is anticipated to project an elevation of USD 3.42 billion by 2030, growing with a CAGR of 5.2% from 2022-2030.
The global aerospace coatings market held a volumetric sale of 684.6 kilotons in 2021 that is expected to level-up up-to 1137.8 kilotons by 2030, with a CAGR of 5.7% from 2022-2030.
Aerospace coatings offer high protection shield against extreme temperature ranges, intense ultraviolet exposure, erosion from air drag, corrosion due to humidity and helps in deflecting the impact of high velocity dust particles. Reducing weight of the aircrafts, it helps resist cracking due to fluctuating air pressures as well as contact with aggressive fluids.
Market Dynamics and Trends
The global aerospace coatings market is on a bloom, owing to the ever-increasing travel and global trades. The upsurge in cargo traffic, growing preferences towards air travel, fostering international trade and rise in the disposable incomes are altogether attributable for propelling the market growth. Besides, factors such as increasing investments in the military aviation and defense sectors, specifically in the emerging economies, shall positively influence the global market.
However, factors like stringent regulatory standards regarding use of some chemicals, time-consuming verification processes, as well as expensive raw materials are expected to hamper the growth the global aerospace coatings market.
Moreover, factors such as growing demand for next-gen aircrafts to replace existing ones, increasing preferences towards light weight coatings as well as ongoing R&D activities to reduce carbon foot prints, are paving the way for lucrative opportunities in the aerospace coatings market.
Geographical Analysis
North America region dominated the global aerospace coatings market in past, and it is anticipated to hold the highest market share during the forecast period. This is attributable to the factors such as thriving aerospace industry, high R&D investments, and technological advancements.
The Asia-Pacific region holds the second largest market share in the global aerospace coatings market, and it is expected to grow at the highest CAGR. This is attributable to major investments by the developing countries to develop new air routes, upgradation of existing airports, developing long-haul airline routes as well as increased air defense budget of developing countries majorly India and China.
Competitive Landscape
The report includes a comprehensive analysis and profiles of the major market players ruling the global aerospace coatings market such as IHI Ionbond AG, PPG Industries, Inc., Sherwin-Williams, AkzoNobel N.V, Zircotec Ltd, LORD Corporation, Saint-Gobain S.A, Hentzen Coatings, Inc., Henkel Corporation, Axalta Coating Systems Ltd, Mapaero, Zircotec Ltd., BryCoat Inc., AHC Oberflachentechnik, BASF SE, NV Specialty Coatings, and others.
Key Topics Covered:
1. Introduction
2. Aerospace Coatings Market - Executive Summary
3. Market Overview
3.1. Market Definition and Scope
3.2. Market Dynamics
3.2.1 Drivers
3.2.1.1. Increasing Demand for Commercial Aircraft
3.2.1.2. Rapid Urbanization
3.2.1.3. Advancements in the Aerospace Industry
3.2.2 Restraints
3.2.2.1. Stringent and Time-Consuming Regulatory Policies
3.2.2.2. Negative Impact of Covid-19 on Aerospace Coating
3.2.3 Opportunities
3.2.3.1. Increasing Demand for the Epoxy Resins
4. Global Aerospace Coatings Market, by Resin Type
4.1. Overview
4.2. Polyurethane
4.2.1 Polyurethane Market, by Region
4.2.1.1 North America Polyurethane Market, by Country
4.2.1.2 Europe Polyurethane Market, by Country
4.2.1.3 Asia-Pacific Polyurethane Market, by Country
4.2.1.4 Rest of World Polyurethane Market, by Country
4.3. Epoxy
4.3.1 Epoxy Market, by Region
4.3.1.1 North America Epoxy Market, by Country
4.3.1.2 Europe Epoxy Market, by Country
4.3.1.3 Asia-Pacific Epoxy Market, by Country
4.3.1.4 Rest of World Epoxy Market, by Country
4.4. Other Types
4.4.1 Other Types Market, by Region
4.4.1.1 North America Other Types Market, by Country
4.4.1.2 Europe Other Types Market, by Country
4.4.1.3 Asia-Pacific Other Types Market, by Country
4.4.1.4 Rest of World Other Types Market, by Country
5. Global Aerospace Coatings Market, by Technology
5.1. Overview
5.2. Solvent Based Coatings
5.2.1 Solvent Based Coatings Market, by Region
5.2.1.1 North America Solvent Based Coatings Market, by Country
5.2.1.2 Europe Solvent Based Coatings Market, by Country
5.2.1.3 Asia-Pacific Solvent Based Coatings Market, by Country
5.2.1.4 Rest of World Solvent Based Coatings Market, by Country
5.3. Water Based Coatings
5.3.1 Water Based Coatings Market, by Region
5.3.1.1 North America Water Based Coatings Market, by Country
5.3.1.2 Europe Water Based Coatings Market, by Country
5.3.1.3 Asia-Pacific Water Based Coatings Market, by Country
5.3.1.4 Rest of World Water Based Coatings Market, by Country
5.4. Powder Coatings
5.4.1 Powder Coatings Market, by Region
5.4.1.1 North America Powder Coatings Market, by Country
5.4.1.2 Europe Powder Coatings Market, by Country
5.4.1.3 Asia-Pacific Powder Coatings Market, by Country
5.4.1.4 Rest of World Powder Coatings Market, by Country
5.5. Others
5.5.1 Others Market, by Region
5.5.1.1 North America Others Market, by Country
5.5.1.2 Europe Others Market, by Country
5.5.1.3 Asia-Pacific Others Market, by Country
5.5.1.4 Rest of World Others Market, by Country
6. Global Aerospace Coatings Market, by User Type
6.1. Overview
6.2. Original Equipment Manufacturer
6.2.1 Original Equipment Manufacturer Market, by Region
6.2.1.1 North America Original Equipment Manufacturer Market, by Country
6.2.1.2 Europe Original Equipment Manufacturer Market, by Country
6.2.1.3 Asia-Pacific Original Equipment Manufacturer Market, by Country
6.2.1.4 Rest of World Original Equipment Manufacturer Market, by Country
6.3. Maintainance, Repair and Overhaul
6.3.1 Maintainance, Repair and Overhaul Market, by Region
6.3.1.1 North America Maintainance, Repair and Overhaul Market, by Country
6.3.1.2 Europe Maintainance, Repair and Overhaul Market, by Country
6.3.1.3 Asia-Pacific Maintainance, Repair and Overhaul Market, by Country
6.3.1.4 Rest of World Maintainance, Repair and Overhaul Market, by Country
7. Global Aerospace Coatings Market, by End-User
7.1. Overview
7.2. Commercial Aviation
7.2.1 Commercial Aviation Market, by Region
7.2.1.1 North America Commercial Aviation Market, by Country
7.2.1.2 Europe Commercial Aviation Market, by Country
7.2.1.3 Asia-Pacific Commercial Aviation Market, by Country
7.2.1.4 Rest of World Commercial Aviation Market, by Country
7.3. Militery Aviation
7.3.1 Militery Aviation Market, by Region
7.3.1.1 North America Militery Aviation Market, by Country
7.3.1.2 Europe Militery Aviation Market, by Country
7.3.1.3 Asia-Pacific Militery Aviation Market, by Country
7.3.1.4 Rest of World Militery Aviation Market, by Country
7.4. General Aviation
7.4.1 General Aviation Market, by Region
7.4.1.1 North America General Aviation Market, by Country
7.4.1.2 Europe General Aviation Market, by Country
7.4.1.3 Asia-Pacific General Aviation Market, by Country
7.4.1.4 Rest of World General Aviation Market, by Country
8. Global Aerospace Coatings Market, by Application
8.1. Overview
8.2. Exterior
8.2.1 Exterior Market, by Region
8.2.1.1 North America Exterior Market, by Country
8.2.1.2 Europe Exterior Market, by Country
8.2.1.3 Asia-Pacific Exterior Market, by Country
8.2.1.4 Rest of World Exterior Market, by Country
8.3. Interior
8.3.1 Interior Market, by Region
8.3.1.1 North America Interior Market, by Country
8.3.1.2 Europe Interior Market, by Country
8.3.1.3 Asia-Pacific Interior Market, by Country
8.3.1.4 Rest of World Interior Market, by Country
9. Global Aerospace Coatings Market, by Region
10. Company Profiles
10.1. Henkel AG & Co. Kgaa
10.1.1 Company Overview
10.1.2 Company Snapshot
10.1.3 Operating Business Segments
10.1.4 Product Portfolio
10.1.5 Business Performance
10.1.6 Sales by Business Segment
10.1.7 Sales by Geographic Segment
10.1.8 Key Strategic Moves & Developments
10.1.9 Primary Market Competitors
10.2. Sherwin Williams Company
10.2.1 Company Overview
10.2.2 Company Snapshot
10.2.3 Operating Business Segments
10.2.4 Product Portfolio
10.2.5 Business Performance
10.2.6 Sales by Business Segment
10.2.7 Sales by Geographic Segment
10.2.8 Key Strategic Moves & Developments
10.2.9 Primary Market Competitors
10.3. Mankiewicz Coating Solutions
10.3.1 Company Overview
10.3.2 Company Snapshot
10.3.3 Product Portfolio
10.3.4 Key Strategic Moves & Developments
10.3.5 Primary Market Competitors
10.4. Ionbond
10.4.1 Company Overview
10.4.2 Company Snapshot
10.4.3 Product Portfolio
10.4.4 Key Strategic Moves & Developments
10.4.5 Primary Market Competitors
10.5. Axalta Coating Systems
10.5.1 Company Overview
10.5.2 Company Snapshot
10.5.3 Operating Business Segments
10.5.4 Product Portfolio
10.5.5 Business Performance
10.5.6 Sales by Business Segment
10.5.7 Sales by Geographic Segment
10.5.8 Key Strategic Moves & Developments
10.5.9 Primary Market Competitors
10.6. Lord Corporation
10.6.1 Company Overview
10.6.2 Company Snapshot
10.6.3 Product Portfolio
10.6.4 Key Strategic Moves & Developments
10.6.5 Primary Market Competitors
10.7. Bry Coat Inc
10.7.1 Company Overview
10.7.2 Company Snapshot
10.7.3 Product Portfolio
10.7.4 Key Strategic Moves & Developments
10.7.5 Primary Market Competitors
10.8. Ahc Oberflachentechnik
10.8.1 Company Overview
10.8.2 Company Snapshot
10.8.3 Product Portfolio
10.8.4 Key Strategic Moves & Developments
10.8.5 Primary Market Competitors
10.9. Nv Specialty Coatings
10.9.1 Company Overview
10.9.2 Company Snapshot
10.9.3 Product Portfolio
10.9.4 Key Strategic Moves & Developments
10.9.5 Primary Market Competitors
10.10. Akzo Nobel N.V.
10.10.1 Company Overview
10.10.2 Company Snapshot
10.10.3 Operating Business Segments
10.10.4 Product Portfolio
10.10.5 Business Performance
10.10.6 Sales by Business Segment
10.10.7 Sales by Geographic Segment
10.10.8 Key Strategic Moves & Developments
10.10.9 Primary Market Competitors
10.11. Ppg Industries Inc.
10.11.1 Company Overview
10.11.2 Company Snapshot
10.11.3 Operating Business Segments
10.11.4 Product Portfolio
10.11.5 Business Performance
10.11.6 Sales by Business Segment
10.11.7 Sales by Geographic Segment
10.11.8 Key Strategic Moves & Developments
10.11.9 Primary Market Competitors
10.12. Hentzen Coatings Inc.
10.12.1 Company Overview
10.12.2 Company Snapshot
10.12.3 Product Portfolio
10.12.4 Key Strategic Moves & Developments
10.12.5 Primary Market Competitors
10.13. Zircotec
10.13.1 Company Overview
10.13.2 Company Snapshot
10.13.3 Product Portfolio
10.13.4 Key Strategic Moves & Developments
10.13.5 Primary Market Competitors
10.14. Basf Se
10.14.1 Company Overview
10.14.2 Company Snapshot
10.14.3 Operating Business Segments
10.14.4 Product Portfolio
10.14.5 Business Performance
10.14.6 Sales by Business Segment
10.14.7 Sales by Geographic Segment
10.14.8 Key Strategic Moves & Developments
10.14.9 Primary Market Competitors
10.15. Saint Gobain
10.15.1 Company Overview
10.15.2 Company Snapshot
10.15.3 Product Portfolio
10.15.4 Business Performance
10.15.5 Sales by Geographic Segment
10.15.6 Key Strategic Moves & Developments
10.15.7 Primary Market Competitors
For more information about this report visit https://www.researchandmarkets.com/r/8t7t2a
