Global Aviation Coatings Market, By Resin Type (Polyurethane, Epoxy, Others), Technology (Water-Based, Solvent-Based, Liquid-Based), End-User (Commercial & Business Aircraft, Military & Space, Helicopters), Application (Exterior, Interior), User Type (Maintenance, Repair & Overhaul (MRO), Original Equipment Manufacturers (OEM)), Technology (Liquid Coating-Based, Powder Coating-Based), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Aviation coatings market will grow at a rate of 7.10% for the forecast period of 2021 to 2028. Rising strong presence of aerospace and defense industry players is a vital factor driving the growth of aviation coatings market.
Aerospace coatings can be defined as the protective and aesthetic layer of coatings applied to the exterior and interior of the airplanes. The coatings applied are present for the protection against corrosion and other physically enhancing properties, but also for the aesthetic appeal of the plane. These coatings are also used for the branding and enhancement of the brand image as they enlarge the company’s logo and make it visible even from a long distance.
Rising technological advancements along with supportive government initiatives and research projects is the vital factor escalating the market growth, also rising commercial aircraft orders and deliveries, increasing demand for offshore and maritime surveillance helicopters, rising MRO operations coupled with rising tourism activities, increasing availability of a wide range of coatings has offered end-users with new options, rising defensive maintenance techniques used in original equipment manufacturers (OEMs) to reduce overall production cost and rising demand for aerospace coatings due to its superior properties and functionality as compared to other products are the major factors among others driving the aviation coatings market. Moreover, rising modernization and technological advancements in the aerospace and rising research and development activities will further create new opportunities for the aviation coatings market in the forecast period of 2021-2028.
However, rising fluctuation and vulnerable raw material prices of raw materials and rising economic downturn in development and fluctuations in European currency are the major factors among others acting as restraints, and will further challenge the growth of the aviation coatings market in the forecast period mentioned above.
This aviation coatings market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on aviation coatings market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Aviation Coatings Market Scope and Market Size
Aviation coatings market is segmented on the basis of resin type, technology, end-user, application, user type and technology. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on resin type, the aviation coatings market is segmented into polyurethane, epoxy and others.
- On the basis of technology, the aviation coatings market is segmented into water-based, solvent-based and liquid-based.
- Based on end-user, the aviation coatings market is segmented into commercial & business aircraft, military & space and helicopters.
- Based on application, the aviation coatings market is segmented into exterior and interior.
- Based on user type, the aviation coatings market is segmented into maintenance, repair & overhaul (MRO) and original equipment manufacturers (OEM).
- The aviation coatings market is also segmented on the basis of technology into liquid coating-based and powder coating-based.
Aviation Coatings Market Country Level Analysis
Aviation coatings market is analysed and market size, volume information is provided by country, resin type, technology, end-user, application, user type and technology as referenced above.
The countries covered in the aviation coatings market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the aviation coatings market due to rising presence of rising demand for commercial aircrafts and ongoing research & development projects to reduce emission, increasing demand for offshore and maritime surveillance helicopters, rising MRO operations coupled with rising tourism activities and increasing availability of a wide range of coatings has offered end-users with new options in this region.
The country section of the aviation coatings market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Aviation Coatings Market Share Analysis
Aviation coatings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to aviation coatings market.
The major players covered in the aviation coatings market report are PPG Industries Inc., Akzo Nobel N.V., Mankiewicz Gebr. & Co, The Sherwin-Williams Company, BASF SE, Henkel AG & Co. KGaA, Hentzen Coatings Inc., IHI Ionbond AG, Zircotec, Mapaero Coatings, ARGOSY INTERNATIONAL, Hohman Plating, BryCoat Inc., AHC Oberflächentechnik GmbH, Safran, Merck KGaA, NVSC s.r.l., and International Aerospace Coatings, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.