MarketResearch.biz delivers in-depth insights on the global military aerospace coatings market in its upcoming report titled, “Global Military Aerospace Coatings Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global military aerospace coatings market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global military aerospace coatings market report has been segmented on the basis of resin type, technology, user type, end-use industries, and region.
Military aerospace coatings is utilized to cover aircraft’s inner and outer surface of aircraft to improve functional properties of aircraft. These coating materials are high performance coating material designed to resist air pressure and temperature resistance. It also protects surface from intense ultraviolet (UV) contact at higher altitudes, and reduces fluctuation of corrosion and temperature. These coating is applied on various parts of air craft such as fuselage frame, wing frame, and tail frame. Military aerospace coatings are based on various technologies, such as powder and liquid.
Increasing demand for military aerospace coatings across various industrial sectors such as original equipment manufacturer and maintenance repair & overhaul, is major factor expected to drive growth of the global market over the next 5 years. Increasing their application scope in aerospace & defense sector is another key factor estimated to support revenue growth of the global market over the forecast period. Moreover, different properties offered by products such as weather resistance and high strength is another factor expected to boost adoption of the products, which in turn anticipated to drive growth of the target market over the forecast period. Superior coverage on inner corners, smoother, and uniform finish are key factors expected to increase demand for liquid-based coating technology, which in turn expected to drive growth of the global market over the forecast period.
North America market is estimated to account for major share in terms of revenue in the global military aerospace coatings market. In addition, Asia Pacific market is anticipated to register fastest growth in terms of revenue over the next 10 years, owing to increasing demand from aerospace industries in countries in this region. Increasing investments by key aerospace manufacturers in Asia Pacific region and rising demand for these coating from industrial sector are other key factors estimated to drive growth of the Asia Pacific market over the next 10 years. China market is projected to account for significant share in terms of revenue in the Asia Pacific, whereas the market in India is estimated to register rapid CAGR over the next 10 years. Rising awareness regarding various features offered by these products in manufacturers in this region are among other factors driving growth of these end-use industries, which in turn is estimated to fuel growth of the global market in this region.
Global Military Aerospace Coatings Market Segmentation:
Segmentation by resin type:
- Polyurethane (PU)
- Others (acrylic and silicone)
Segmentation by technology:
- Liquid-based Technology
- Solvent-based Technology
- Water-based Technology
- Powder-based Technology
Segmentation by user type:
- Original Equipment Manufacturer (OEM)
- Maintenance Repair & Overhaul (MRO)
Segmentation by end-use industries:
- Fixed-wing Aircraft
- Rotary wing Aircraft
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- PPG Industries, Inc.
- Akzo Nobel N.V.
- The Sherwin-Williams Company
- Hentzen Coatings Inc.
- Mapaero SAS
- Creative Coatings Company, Inc.
- Qioptiq Ltd.
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