Global Aerospace Coatings Market 2024: Future Growth and Market Insights of Leading Key Players Like-Mapaero, Argosy International, Hohman Plating & Manufacturing LLC, Brycoat.Inc, AHC Oberflächentechnik GmbH, Asahi Kinzoku Kogyo Inc., Zodiac Aerospace,
The market insights gained through this Global Aerospace Coatings Market research analysis report facilitates more defined understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. What is more, Global Aerospace Coatings Market research report also comprises of details about market analysis, market definition, market segmentation, key development areas, competitive analysis and research methodology. This report provides the broader perspective of the market place with its comprehensive market insights and analysis which eases surviving and succeeding in the market. The Global Aerospace Coatings Market report brings into focus studies about market definition, market segmentation, and competitive analysis in the market.
Market Analysis: Global Aerospace Coatings Market
The Global Aerospace Coatings Market accounted for USD 1.40 billion in 2016 and is projected to grow at a CAGR of 7.0% during the forecast period of 2017 to 2024.
The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Major Market Competitors: Global Aerospace Coatings Market
Some of the major players in aerospace coatings market include-PPG Industries, Inc., Akzonobel N.V., Mankiewicz Gebr. & Co, The Sherwin-Williams Company, BASF SE, Henkel AG & Co. KGaA, Hentzen Coatings, Inc., IHI Ionbond AG, Zircotec Ltd., Mapaero, Argosy International, Hohman Plating & Manufacturing LLC, Brycoat.Inc, AHC Oberflächentechnik GmbH, Asahi Kinzoku Kogyo Inc., Zodiac Aerospace, Merck Performance Materials, Cheaerospacel, NVSC Speciality Coatings, International Aerospace Coatings Holdings Lp and many more.
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Aerospace coatings technology renders a lightweight and durable coating system that offers increased productivity and is used for all kinds of aircraft. There is a growing demand for aerospace coatings in commercial, military and general aviation activities, which is expected to be one of the major drivers of the market over the next seven years.
Major Market Drivers:
Rising demand for high performance coatings
Evolution of environment friendly coatings
R&D programs by top players to develop advanced coatings
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The aerospace coatings market is segmented on the basis of resin type into polyurethanes and epoxy.
• On the basis of technology, the market is segmented into liquid and powder.
• On the basis of user type, the market is segmented into MRO and OEM.
• On the basis of end-user, the market is segmented into commercial, military and general aviation.
• On the basis of application, the market is segmented into exterior and interior.
• On the basis of geography, the aerospace coatings market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Competitive Landscape: The global aerospace coatings market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Key Insights of the report
1. CAGR values in the market for the forecast period
2. Key trends in the market place
3. Major players and brands
4. Drivers and restrains of the market
5. Historical and current market size and projection up to 2024.
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