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PPG Industries, Inc. (U.S.), Akzo Nobel N.V. (Netherlands), Henkel AG (Germany), BASF SE (Germany) and Sherwin-Williams Company (U.S.) are the Renowned Players in Aerospace Coatings Market - Report by MarketsandMarkets™

11-14-2018 10:44 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets

PPG Industries, Inc. (U.S.), Akzo Nobel N.V. (Netherlands),

The report "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", The aerospace coatings market is projected to grow from USD 1.42 Billion in 2017 to USD 1.98 Billion by 2022, at a CAGR of 6.90% during the forecast period.

Browse 146 market data tables and 45 figures spread through 296 pages and in-depth TOC on "Aerospace Coatings Market"

https://www.marketsandmarkets.com/Market-Reports/aerospace-coatings-market-193137844.html

Among end users, the commercial aviation segment is leading the market in terms of market shares and is projected to grow at the highest CAGR during the forecast period, 2017 to 2022. The advent of chromo-free technologies, introduction of cost-saving products, and emerging middle class are the factors driving the growth of the aerospace coatings market. Innovations in terms of applications of aerospace coatings are expected to fuel the growth of the aerospace coatings market during the forecast period.

Among resin types, the polyurethanes segment is leading the aerospace coatings market and is projected to grow at the highest CAGR
Polyurethane resin types are preferred over other coatings as they offer resistance to abrasion, staining, and chemicals. They have a high degree of natural resistance to the damaging effects of ultraviolet rays from the sun. The polyurethanes resin type segment of the aerospace coatings market is projected to grow at the highest CAGR during the forecast period.

Among technologies, the liquid coating-based technology segment of the aerospace coatings market is projected to grow at the highest CAGR
The liquid coating-based technology 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 various properties, such as superior coverage on inside corners and hard to reach places and smooth and uniform finish, among others offered by liquid coating-based technology.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=193137844

Among applications, the exterior segment is leading the aerospace coatings market and is projected to grow at the highest CAGR
The exterior application segment is leading the aerospace coatings market and is projected grow at the highest CAGR during the forecast period, 2017 to 2022. The growth of the exterior segment of the aerospace coatings market is due to increased use of aerospace coatings to coat exterior parts of aircraft to protect their surface from deterioration, erosion, and cracking.

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. The growth of the Asia-Pacific aerospace coatings market can be attributed to the rising demand for aerospace coatings from emerging economies of the Asia-Pacific region, which include India, China, South Korea, Vietnam, and Singapore, among others. Moreover, factors such as the improving standard of living and rising per capita income of the countries of the Asia-Pacific region are also fueling the growth of the Asia-Pacific aerospace coatings market.

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

Speak with Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=193137844

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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MarketsandMarkets™ INC.
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