Commercial Aerospace Coatings Market by Resin Type (Polyurethanes, Epoxy), By Technology (Liquid, Powder), By User Type (MRO, OEM), By End User (Commercial, General Aviation), Application (Exterior, Interior) -Global Opportunity Analysis and Industry Forecast, 2020 – 2030

DFS020025  | 
: Materials & Chemicals  | 
Mar-2024  | 
Upcoming  | 
Pages: NA  | 
Tables: NA  | 
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We’ve been tracking the direct impact of COVID-19 on this market, as well as the indirect impact from other industries. The report will incorporate these insights.

Commercial Aerospace Coatings Market held USD 846.4 million in 2020 and is to grow with a CAGR of 5.8 % from 2020-2030. A coating is a covering that is usually referred to as a substratum on the surface of an object. The application of the coating may be functional or decorative or both. The market for commercial aerospace coating is primarily driven by increased aerospace coating demand from various end users, including commercial aviation and general aviation. The increasing trend of lighter and more efficient airplanes has led to the adoption of nanotechnology in aerospace commercial production. In aircraft manufacturing, nanostructure metals are widely used because these metals have better features than larger grain structures, which will fuel the global commercial aerospace coatings market growth.

Market Dynamics and Factors:

Modern light aircraft have a long range of travel and low operating costs, helping to begin long-distance low-budget business models, which fuels the commercial aerospace and commercial aerospace coatings market demand. These business models in turn benefit the carriers' connected city air travel and passenger convenience. Thus, increased passenger travel and economic growth in the emerging countries are likely to increase the worldwide production of commercial aircraft, which will fuel the global commercial aerospace coatings market growth.

Market Segmentation:

Based on the resin type, the global commercial aerospace coatings industry is segmented into polyurethanes, epoxy and others. On the basis of technology, the global market is segmented into  liquid and powder. Depending upon the user type commercial aerospace coatings market is classified into MRO and OEM. On the basis of end use sector, global commercial aerospace coatings market is segmented into commercial and general aviation. On the basis of application, global commercial aerospace coatings market is bifurcated into commercial and general aviation. Geographic bifurcation of global commercial aerospace coatings market share includes North America, Europe, Asia-Pacific, and RoW.

Geographic Analysis:

The global commercial aerospace market is growing in the passenger travel aviation segment. Low-cost carriers (LCCs) have proven themselves to be strong competitors on the market, especially in the APAC, Middle East & Africa and South America developing economies. Global airlines such as Qatar Airways (Qatar), Emirates (UAE), and Etihad Airways (UAE) are largest commercial aviation players in the Middle East region and boosting the commercial aerospace coatings market size. These carriers also participate in the majority of passenger travel from Europe to APAC. The highest growth is in the APAC short-haul market. Although LCCs choose mainly widespread aircraft, Boeing and Airbus both predict that demand for single-ail aircraft will increase global commercial aerospace market demand. The number of air traffic users is rising, driving demand for larger aircraft. This demand is expected to fuel the commercial aerospace coatings market.

Competitive Scenario:

The global commercial aerospace coatings market, which is highly competitive, consists of a few major players. In terms of market share, few of the major players currently dominating the global commercial aerospace coatings market. The key players of global global commercial coatings market  are AkzoNobel N.V, PPG Industries, Inc., Hentzen Coatings, Inc.,  Sherwin-Williams, Axalta Coating Systems Ltd., Mankiewicz Gebr. & Co., Henkel Corporation., Saint-Gobain S.A., Zircotec Ltd.,  IHI Ionbond AG., AHC Oberflächentechnik.,  LORD Corporation., NV Specialty Coatings. and BryCoat Inc.,

Commercial Aerospace Coatings Market Report Scope

Report Attribute

Details

Analysis Period

2020–2030

Base Year

2021

Forecast Period

2022–2030

Market Size Estimation

Million (USD)

Growth Rate (CAGR%)

5.8 %

Market Segmentation:

by Resin Type (Polyurethanes, Epoxy), By Technology (Liquid, Powder), By User Type (MRO, OEM), By End User (Commercial, General Aviation), Application (Exterior, Interior)

Geographical Segmentation

North America (U.S., Canada, Mexico) Europe (UK, Germany, Italy, France, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), South America (Brazil, Argentina, Rest of SA), MEA (UAE, Saudi Arabia, South Africa)

Key Companies Profiled

AkzoNobel N.V, PPG Industries, Inc., Hentzen Coatings, Inc.,  Sherwin-Williams, Axalta Coating Systems Ltd., Mankiewicz Gebr. & Co., Henkel Corporation., Saint-Gobain S.A., Zircotec Ltd.,  IHI Ionbond AG., AHC Oberflächentechnik.,  LORD Corporation., NV Specialty Coatings. and BryCoat Inc.,

 

 


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KEY MARKET SEGMENTS:

  • Global Interior Coatings Market – By Resin Type
    • Polyurethanes
    • Epoxy
  • Global Interior Coating Market– By Technology
    •  Liquid
    • Powder
  • Global Interior Coating Market– By End- User
    • Commercial
    • General Aviation
  • Global Interior Coating MarketApplication
    • Exterior
    • Interior
  • Global Interior Coating Market – By Geography
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • U.K.
      • France
      • Germany
      • Italy
      • Rest of Europe
    • Asia-Pacific
      • Japan
      • China
      • India
      • Australia
      • Rest of Asia Pacific
    • ROW
      • Latin America
      • Middle East
      • Africa

 

 


KEY PLAYERS
o    AkzoNobel N.V 
o    PPG Industries, Inc.
o    Hentzen Coatings, Inc.
o    Sherwin-Williams
o    Axalta Coating Systems Ltd.
o    Mankiewicz Gebr. & Co.
o    Henkel Corporation.
o    Saint-Gobain S.A.
o    Zircotec Ltd.
o    IHI Ionbond AG.
o    AHC Oberflächentechnik.
o    LORD Corporation.
o    NV Specialty Coatings.
o    BryCoat Inc.,


 
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