1. Market Research
  2. > Aerospace and Defense
  3. > Aerospace Market Trends
Aerospace Coatings Market by Resin Type (Polyurethanes, Epoxy), Technology (Liquid, Powder), User Type (MRO, OEM), End User (Commercial, Military, General Aviation), Application (Exterior, Interior), and Region - Global Forecast to 2022

Aerospace Coatings Market by Resin Type (Polyurethanes, Epoxy), Technology (Liquid, Powder), User Type (MRO, OEM), End User (Commercial, Military, General Aviation), Application (Exterior, Interior), and Region - Global Forecast to 2022

  • April 2017
  • 272 pages
  • ID: 4819006
  • Format: PDF
  • By MarketsandMarkets

Summary

Table of Contents

Search Inside

“The aerospace coatings market is projected to grow at a CAGR of 6.90% between 2017 and 2022.”

The aerospace coatings market is projected to reach USD 1.98 billion by 2022, at a CAGR of 6.90% between 2017 and 2022. The demand for aerospace coatings has increased in the recent years due to their increased consumption in the Asia-Pacific region. The growth of the aerospace coatings market is largely driven by the increased demand for aerospace coatings from the commercial aviation and military aviation.

Increasing middle class population in the emerging economies is one of the important drivers for the growth of the aerospace coatings market as increasing air traffic has caused airline companies to increase their purchase of commercial aircraft, thereby fueling the demand for associated facilities such as aerospace coatings. Manufacturers of aerospace coatings are trying to cater to this increased demand for aerospace coatings, which, in turn, is leading to expansion of their businesses.

However, formulation and implementation of new regulations, such as Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) and various other directives to control solvent emissions are affecting the growth of the aerospace coatings market across the globe. Similarly, the Euro Zone crisis of 2012 affected the growth of the aerospace coatings market globally, as several companies manufacturing aerospace coatings reduced their production as a result of their cost cutting strategy to survive in the market.

“Among user types, the MRO segment of the aerospace coatings market is projected to grow at the highest CAGR during the forecast period.”

The MRO user type segment of the aerospace coatings market is projected to grow at the highest CAGR during the forecast period, 2017 to 2022. The growth of this segment of the market can be attributed to increased use of MRO in commercial aviation, military aviation, and general aviation to perform maintenance, repairs, and operations (MRO) functions.

“Among end users, the commercial aviation segment is leading the aerospace coatings market and is projected to grow at the highest CAGR between 2017 and 2022.”

The commercial aviation end user segment is leading the aerospace coatings market and is projected to grow at the highest CAGR during the forecast period, 2017 to 2022. As the economies across the globe are becoming stable and there is an improvement in the standard of living in the emerging economies, there is an increase in air traffic across the globe. This increase in air traffic across the globe is leading towards an increase in the deliveries of wide- and narrow-body aircraft, which, in turn, is expected to drive the growth of the aerospace coatings market.

“The Asia-Pacific aerospace coatings market is projected to grow at the highest CAGR during the forecast period.”

The Asia-Pacific aerospace coatings market is projected to grow at the highest CAGR during the forecast period due to the rising demand for aerospace coatings from the emerging economies, such as India, China, South Korea, Vietnam, and Singapore, among others. Improving standard of living, growing population, and rising per capita income are the factors expected to drive the growth of the Asia-Pacific aerospace coatings market during the forecast period. China dominates the production of aerospace coatings in the Asia-Pacific region due to low tax rates in the country, along with the presence of low-cost labor and easy availability raw materials.

Breakup of primary interviews:
- By Company Type - Tier 1–58%, Tier 2–33%, and Tier 3–9%
- By Designation – C-level–50%, D-level–33%, and Others–17%
- By Region - North America–33%, Europe–30%, Asia-Pacific–16%, South America-14%, and Middle East & Africa-7%

Akzo Nobel N.V. (Netherlands), PPG Industries, Inc. (U.S.), The Sherwin-Williams Company (U.S.), Henkel AG & Co. KGaA (Germany), Mankiewicz Gebr. & Co. (Germany), IHI Ionbond AG (Switzerland), Zircotec Ltd. (U.S.), and Hentzen Coatings, Inc. (U.S.), among others are the leading players operating in the aerospace coatings market.

Research Coverage
This report provides a detailed segmentation of the aerospace coatings market on the basis of resin type, technology, user type, end user, application, and region. With respect to resin type, the aerospace coating market has been segmented into polyurethanes, epoxy, and others. On the basis of technology, the market has been segmented into liquid coating-based technology and powder coating-based technology. With respect to user type, the market has been segmented into maintenance repair, and operations (MRO) and original equipment manufacturers (OEM). On the basis of end user, the market has been segmented into commercial aviation, military aviation, and general aviation.

On the basis of application, the market has been segmented into exterior and interior. On the basis of region, the market has been segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

Reasons to Buy the Report
From an insight perspective, this research report has focused on various levels of analyses—industry analysis (industry trends), market share analysis of top players in the aerospace coatings market, value chain analysis, and company profiles. These insights together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the aerospace coatings market, high-growth regions, and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on aerospace coatings offered by the top players in the aerospace coatings market
- Product Development/Innovations: Detailed insights on the upcoming technologies, research & development activities, and new product launches in the aerospace coatings market
- Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the market for aerospace coatings across varied regions
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the aerospace coatings market
- Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the aerospace coatings market

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.

ref:plp2017

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on