Demand to reduce downtime of aircraft and extended maintenance cycle to propel the Aerospace Coatings Market globally during the forecast period 2019-26

Hyderabad, April 15, 2019 -- The "Aerospace Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2026" report has been added to Datamintelligence.com's offering.
During the flight, the aircraft is subjected to intense UV exposure and humid atmospheres. These are often exposed to temperature fluctuations which can cause wear and tear of metal surfaces. To protect the aircraft from climatic stress, aerospace coatings help in offering high resistance to corrosion, solar heat, UV rays, fog, and other adverse weather conditions.
Aerospace Coatings Market Segmentation
⦁Based on the resin type, the global aerospace coatings can be classified into, epoxy, polyurethane, acrylics, polyester, and others. Polyurethane resin type is expected to dominate the market due to superior properties exhibited by it such as, resistance to abrasion and changing temperatures.
⦁It has a high degree of resistance to the damaging effects of ultraviolet rays emitting from the sun, which makes it a preferred choice in the aerospace coatings market.
⦁Based on applications, the global aerospace coatings market is classified into exterior and interior. Demand for the exterior use in aerospace coatings market is supported by the urge to handle extreme harsh environmental conditions. Players dealing with manufacturing of exterior coatings are focussing on improving the durability, and faster dry time. The growth of interior applications is attributed to frequent repair & maintenance cycle for a pleasing and decorative appearance.
⦁Based on the end user industry, the entire market can be classified into commercial aviation, general aviation and military aviation. The business segment is driven by the entry of new airlines and expansion of existing airlines.
⦁The rise in the number of air travelers is also a key factor contributing to the growth of the commercial aviation segment and is projected to grow at the highest CAGR during the forecast period. Military aviation is the second most lucrative market due to the increase in investments in the military & defense sector by countries such as The U.S.A, India, and Russia.
Aerospace Caotings Market Geographical Share
Geographically, the global aerospace coatings market can be classified into North America, Europe, South America, Asia Pacific and Rest of the world. In the Asia Pacific, China and India are anticipated to boost the demand for aerospace coatings due to the increase in the number of aircraft due to the growth of the aviation industry. Moreover, factors such as the improvised standard of living and the rise in per capita income of the countries of the Asia Pacific region are also propelling the overall growth of the Asia Pacific aerospace coatings market.
Companies Covered
Key players active in the global aerospace coatings market are, BASF SE, PPG Industries, Inc., Akzo Nobel N.V., The Sherwin-Williams Company, Henkel AG & Company, International Aerospace Coatings Holdings, IHI Ionbond AG, Hentzen Coatings, Inc., and Mankiewicz Gebr. & Co. among others.
Key Points covered in the report
⦁Aerospace Coatings Market – Methodology and Scope
⦁Aerospace Coatings Market - Trends
⦁Aerospace Coatings Market – Industry Analysis
⦁Geographical Analysis
⦁Competitive Landscape
⦁Company Profiles

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