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The global Aerospace Coatings market was valued at 458.27 Million USD in 2021 and will grow with a CAGR of 10.64% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
The aerospace coatings must withstand extreme operating environment and can be applied to both the exterior and interior surfaces of the aircraft. The exterior surface of the aircraft often requires decorative painting to maintain the appearance and protection against corrosion.High performance coatings are needed to protect surface from extreme weather conditions and enhance dirt resistance and reduced drag resistance. The requirement of coatings in aerospace industry is highly specific due to the changes in environment regulations. Aerospace Coatings market has a high technical barrier. Market concentration is high with the top 6 players takes over 85% of the global share. Across the world, the major players cover AkzoNobel (Mapaero), PPG Industries, Sherwin Williams, Hentzen Coatings, Mankiewicz, BASF, Axalta Coating Systems, Indestructible Paint, China Haohua Chemical Group, etc. Europe is the largest market, with a share of over 30%, followed by Asia Pacific, and North America, both have a share of over 55 percent. The Aerospace Coatings industry can be broken down into several segments, in terms of technology, it can be split into Solvent-Based Coating, Water-Based Coating, and Powder Coating. In terms of resin type, it can be split into Polyurethane, Epoxy, etc. In terms of application, Aerospace Coatings can be classified as OEM, and MRO OEM is the major market of Aerospace Coatings, with about 60% of the global market share.
By Market Verdors:
AkzoNobel (Mapaero)
PPG Industries
Sherwin Williams
Mankiewicz
Axalta Coating Systems
Hentzen Coatings
BASF
Indestructible Paint
China Haohua Chemical Group
AVIC New Material
By Types:
Polyurethane
Epoxy
By Applications:
OEM
MRO
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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