The global aerospace coatings market was valued at $1272.99 million in 2016 and is projected to reach $2259.38 million by 2025, growing at a CAGR of 6.56%, during the forecast period 2017-2025. The base year considered for the market study is 2016 and the estimated period is between 2017 and 2025. The aerospace coatings are products used to enhance the exterior appearance of various types of aircraft.
GLOBAL AEROSPACE COATINGS MARKET FORECAST 2017-2025
Aerospace Coatings Market by Resin(Epoxy Aerospace Coatings, Polyurethane Aerospace Coatings, Other) by Aircraft(Commercial Aerospace, Military Aerospace) by End User (Original Equipment Manufacturer (OEM), Maintenance, Repairs & Operations (MRO)) & by Geography
The global aerospace coatings market was valued at $1272.99 million in 2016 and is projected to reach $2259.38 million by 2025, growing at a CAGR of 6.56%, during the forecast period 2017-2025. The base year considered for the market study is 2016 and the estimated period is between 2017 and 2025.
The aerospace coatings are products used to enhance the exterior appearance of various types of aircraft. They are also used to improve the durability of the aircraft body by protecting it from harsh external factors such as UV radiation, heat, and cold. Aircraft manufacturers use aerospace coatings in the production of new aircraft as well as when overhauling existing aircraft. Vendors in the market offer products for four different functional layers: The e-coat, primer, basecoat, and clear coat.
Over the years, the global aerospace coatings market has witnessed continuous innovation, with vendors more recently focusing on the introduction of eco-friendly products. Today, aerospace coatings are developed to satisfy both OEM and MRO needs. The aerospace industry requires products exhibit superior performance, aid in enhancing productivity and contribute to cost reduction and light weighting of aircrafts. From the consumer perspective, vendors tailor products to exhibit functional characteristics such as abrasion and UV-resistant.
The commercial aerospace sector is expected to grow, in the coming years, owing to a consistent increase in passenger traffic (both inter and intra-region, owing to expanding middle class), which in turn is expected to create the demand for better-equipped aircraft, and success of low-cost Carriers (LCCs).
Furthermore, the growing need to replace old and less-efficient airplanes is expected to drive the aerospace market for the forecasted period, in turn leading to increased demand for aerospace coatings.
The defense sector across the world is growing at a substantial rate over the past few years. Countries such as India, China, the United States, France, United Kingdom, Japan, and several Middles Eastern countries are expected to increase the defense budgets. With the rising national security threats, governments across the world are equipping their armed forces with next-generation technologies and modern weapons, in turn, will aid in improving the security and will propel the growth of protective paints and coatings, boosting the demand for aerospace coatings.
- RESEARCH SCOPE
- STUDY GOALS
- SCOPE OF THE MARKET STUDY
- WHO WILL FIND THIS REPORT USEFUL?
- STUDY AND FORECASTING YEARS
- RESEARCH METHODOLOGY
- SOURCES OF DATA
- SECONDARY DATA
- PRIMARY DATA
- TOP-DOWN APPROACH
- BOTTOM-UP APPROACH
- DATA TRIANGULATION
- SOURCES OF DATA
- EXECUTIVE SUMMARY
- MARKET SUMMARY
- KEY FINDINGS
- MARKET DYNAMICS
- MARKET DEFINITION
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- MARKET CHALLENGES
- MARKET BY RESIN
- EPOXY AEROSPACE COATINGS
- POLYURETHANE AEROSPACE COATINGS
- OTHER AEROSPACE COATINGS
- MARKET BY AIRCRAFT
- COMMERCIAL AEROSPACE
- MILITARY AEROSPACE
- MARKET BY END USER
- ORIGINAL EQUIPMENT MANUFACTURER (OEM)
- MAINTENANCE, REPAIRS & OPERATIONS (MRO)
- KEY ANALYTICS
- PORTER’S FIVE FORCE MODEL
- THREAT OF NEW ENTRANTS
- THREAT OF SUBSTITUTE PRODUCTS
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF BUYERS
- THREAT OF COMPETITIVE RIVALRY
- KEY BUYING CRITERIA
- VENDOR LANDSCAPE
- OPPORTUNITY MATRIX
- PORTER’S FIVE FORCE MODEL
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- UNITED STATES
- CANADA
- MEXICO
- EUROPE
- UNITED KINGDOM
- GERMANY
- FRANCE
- ITALY
- REST OF EUROPE
- ASIA PACIFIC
- CHINA
- INDIA
- JAPAN
- SOUTH KOREA
- REST OF ASIA-PACIFIC
- REST OF WORLD
- LATIN AMERICA
- MIDDLE EAST & AFRICA
- NORTH AMERICA
- COMPETITIVE LANDSCAPE
- MARKET SHARE ANALYSIS
- COMPANY PROFILES
- PPG INDUSTRIES
- AKZONOBEL
- THE SHERWIN-WILLIAMS
- BASF SE
- MANKIEWICZ GEBR. & CO
- ZIRCOTEC LTD.
- HENKEL AG & CO. KGAA
- HENTZEN COATINGS, INC.
- IHI IONBOND AG
- MAPAERO
- ARGOSY INTERNATIONAL
- HOHMAN PLATING & MANUFACTURING LLC
- INC
- AHC OBERFLÄCHENTECHNIK GMBH
- ASAHI KINZOKU KOGYO INC.
- ZODIAC AEROSPACE
- MERCK PERFORMANCE MATERIALS
- CHEAEROSPACEL
- NVSC SPECIALITY COATINGS
- INTERNATIONAL AEROSPACE COATINGS HOLDINGS LP
TABLE LIST
TABLE 1: GLOBAL AEROSPACE COATINGS MARKET, 2017-2025 (IN $ MILLIONS)
TABLE 2: GLOBAL COMMERCIAL AIRCRAFT ORDER BY MANUFACTURER
TABLE 3: GLOBAL AEROSPACE COATINGS MARKET, BY RESIN, 2017-2025 (IN $ MILLIONS)
TABLE 4: GLOBAL EPOXY AEROSPACE COATINGS MARKET, BY REGION, 2017-2025 (IN $ MILLIONS)
TABLE 5: GLOBAL POLYURETHANE AEROSPACE COATINGS MARKET, BY REGION, 2017-2025 (IN $ MILLIONS)
TABLE 6: GLOBAL OTHER AEROSPACE COATINGS MARKET, BY REGION, 2017-2025 (IN $ MILLIONS)
TABLE 7: GLOBAL AEROSPACE COATINGS MARKET, BY AIRCRAFT, 2017-2025 (IN $ MILLIONS)
TABLE 8: GLOBAL COMMERCIAL AEROSPACE MARKET, BY REGION, 2017-2025 (IN $ MILLIONS)
TABLE 9: GLOBAL MILITARY AEROSPACE MARKET, BY REGION, 2017-2025 (IN $ MILLIONS)
TABLE 10: GLOBAL AEROSPACE COATINGS MARKET, BY END USER, 2017-2025 (IN $ MILLIONS)
TABLE 11: GLOBAL ORIGINAL EQUIPMENT MANUFACTURER (OEM) COATINGS MARKET, BY REGION, 2017-2025 (IN $ MILLIONS)
TABLE 12: GLOBAL MAINTENANCE, REPAIRS & OPERATIONS (MRO) MARKET, BY REGION, 2017-2025 (IN $ MILLIONS)
TABLE 13: VENDOR LANDSCAPE OF AEROSPACE COATINGS MARKET
TABLE 14: OPPORTUNITY MATRIX OF AEROSPACE COATINGS MARKET
TABLE 15: GLOBAL AEROSPACE COATINGS MARKET, BY GEOGRAPHY, 2017-2025 (IN $ MILLIONS)
TABLE 16: MARKET SHARE ANALYSIS OF KEY PLAYERS IN 2016 (%)
FIGURES LIST
FIGURE 1: GLOBAL AEROSPACE COATINGS MARKET, BY RESIN, 2016 & 2025 (IN %)
FIGURE 2: ANTICIPATED GROWTH IN GDP OF EMERGING NATIONS
FIGURE 3: TRAVEL DEMAND FROM 2005-2015
FIGURE 4: FORECASTED PRODUCTION LEVELS OF COMMERCIAL AIRCRAFT: 2016 TO 2034
FIGURE 5: SHIFT IN THE SINGLE-AISLE AND WIDE BODY AIRCRAFT BACKLOG MIX OVER THE LAST 10 YEARS
FIGURE 6: GLOBAL AEROSPACE COATINGS MARKET, BY EPOXY AEROSPACE COATINGS, 2017-2025 (IN $ MILLIONS)
FIGURE 7: GLOBAL AEROSPACE COATINGS MARKET, BY POLYURETHANE AEROSPACE COATINGS, 2017-2025 (IN $ MILLIONS)
FIGURE 8: GLOBAL AEROSPACE COATINGS MARKET, BY OTHER AEROSPACE COATINGS, 2017-2025 (IN $ MILLIONS)
FIGURE 9: GLOBAL AEROSPACE COATINGS MARKET, BY COMMERCIAL AEROSPACE, 2017-2025 (IN $ MILLIONS)
FIGURE 10: GLOBAL AEROSPACE COATINGS MARKET, BY MILITARY AEROSPACE, 2017-2025 (IN $ MILLIONS)
FIGURE 11: GLOBAL AEROSPACE COATINGS MARKET, BY ORIGINAL EQUIPMENT MANUFACTURER (OEM), 2017-2025 (IN $ MILLIONS)
FIGURE 12: GLOBAL AEROSPACE COATINGS MARKET, BY MAINTENANCE, REPAIRS & OPERATIONS (MRO), 2017-2025 (IN $ MILLIONS)
FIGURE 13: PORTERS FIVE FORCE MODEL OF AEROSPACE COATINGS MARKET
FIGURE 14: GLOBAL AEROSPACE COATINGS MARKET, REGIONAL OUTLOOK, 2016 & 2025 (IN %)
FIGURE 15: UNITED STATES AEROSPACE COATINGS MARKET, 2017-2025 (IN $ MILLIONS)
FIGURE 16: CANADA AEROSPACE COATINGS MARKET, 2017-2025 (IN $ MILLIONS)
FIGURE 17: MEXICO AEROSPACE COATING MARKET, 2017-2025 (IN $ MILLIONS)
FIGURE 18: GERMANY AEROSPACE COATING MARKET, 2017-2025 (IN $ MILLIONS)
FIGURE 19: UNITED KINGDOM AEROSPACE COATING MARKET, 2017-2025 (IN $ MILLIONS)
FIGURE 20: FRANCE AEROSPACE COATING MARKET, 2017-2025 (IN $ MILLIONS)
FIGURE 21: ITALY AEROSPACE COATING MARKET, 2017-2025 (IN $ MILLIONS)
FIGURE 22: REST OF EUROPE AEROSPACE COATING MARKET, 2017-2025 (IN $ MILLIONS)
FIGURE 23: CHINA AEROSPACE COATING MARKET, 2017-2025 (IN $ MILLIONS)
FIGURE 24: INDIA AEROSPACE COATINGS MARKET, 2017-2025 (IN $ MILLIONS)
FIGURE 25: JAPAN AEROSPACE COATINGS MARKET, 2017-2025 (IN $ MILLIONS)
FIGURE 26: SOUTH KOREA AEROSPACE COATINGS MARKET, 2017-2025 (IN $ MILLIONS)
FIGURE 27: REST OF ASIA PACIFIC AEROSPACE COATINGS MARKET, 2017-2025 (IN $ MILLIONS)
FIGURE 28: LATIN AMERICA AEROSPACE COATINGS MARKET, 2017-2025 (IN $ MILLIONS)
FIGURE 29: MIDDLE EAST & AFRICA AEROSPACE COATINGS MARKET, 2017-2025 (IN $ MILLIONS)
- MARKET BY RESIN
- EPOXY AEROSPACE COATINGS
- POLYURETHANE AEROSPACE COATINGS
- OTHER AEROSPACE COATINGS
- MARKET BY AIRCRAFT
- COMMERCIAL AEROSPACE
- MILITARY AEROSPACE
- MARKET BY END USER
- ORIGINAL EQUIPMENT MANUFACTURER (OEM)
- MAINTENANCE, REPAIRS & OPERATIONS (MRO)
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- UNITED STATES
- CANADA
- MEXICO
- EUROPE
- UNITED KINGDOM
- GERMANY
- FRANCE
- ITALY
- REST OF EUROPE
- ASIA PACIFIC
- CHINA
- INDIA
- JAPAN
- SOUTH KOREA
- REST OF ASIA-PACIFIC
- REST OF WORLD
- LATIN AMERICA
- MIDDLE EAST & AFRICA
- NORTH AMERICA
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