Driven by the demand for eco-friendly coats, Aerospace Coatings market is expected to grow beyond USD 1,097.8 million

Market & Growth Prognosis: Analysing the market over a period of 2011-16, Stratview Research goes to the crux of the issues shaping the market and estimates the most probable future growth rate for the Aerospace Coatings market during the period 2017-22.

Stratview Research triangulates the market to grow at a CAGR of 6.0% over the next five years and expects the market to breach the barrier of USD 1,097.8 Million by 2022.

The Diverse Stand Points
The true picture of the market shall not emerge till the time the market is analysed from various point of views. Each vantage point give better understanding of the market. The market of Aerospace Coatings has been view from various perspectives such as:

Dissection by Segments
Resin Type Epoxy Coatings, Polyurethane Coatings & Others
Technology Type Liquid Coatings & Powder coatings
Aircraft Type Commercial aircraft, military aircraft etc.
Application Type External & Internal
End-User Type OEM & MRO
by Region North America, Europe, Asia-Pacific, and RoW

Each view helps us answer a prominent question, and we bring out the best market intelligence which is of interest to each and every player in the market, no matter where he lies in the value chain.

The answers to the prominent questions which are evinced out of above slicing of the market are:
● Which are the best performing segments of the market?
● Which is the most dominant region?
● Which material is the most promicing?
● Who are the movers and shakers of the market?
● What are the regional growth hotspots?
● What are the segmental growth forecasts?

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The Factors Driving the market
Tending to the most frequent questions and problems that consume the psyches of business visionaries and leaders, the new report of "Stratview Research" on the Aerospace Coatings, responds to all the significant inquiries.

Increasing deliveries of commercial and regional aircraft; increasing mergers and acquisition and re-branding activities in the global airline industry; high need for coatings with an excellent durability and longer maintenance cycle; stringent government emission regulations, such as REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals) and Euro Zone Crisis 2012; rising demand for eco-friendly coats; and innovations in coating products are the major driving forces of the global aerospace & defense coatings market.

Driven by demand, Asia-Pacific has the hegemony over the market

As far as areas, Asia-Pacific is expected to remain the largest and the fastest-growing market for coatings in aerospace and defense industry during the forecast period. Increasing passenger traffic in Asia-Pacific region, primarily in China and India, is driving the commercial aerospace industry. This would lead to the highest demand for coatings in the region. Additionally, the upcoming indigenous commercial and regional aircraft, such as Comac C919 and Mitsubishi MRJ is also pushing the demand for coatings in Asia-Pacific region.

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The Report Highlights:
The Research Report offers a detailed look into market, its robust growth perspective, the factors influencing the industry, the competition intensity and a peek into the future.
The following are the key features of the report:
● Strategic segmentation
● Market analysis: Growth drivers and constraints, Porter’s five forces
● analysis, SWOT analysis
● Detailed Competitive Rivalry landscaping
● Market trend and forecast analysis
● Future Growth Boulevards

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This release was published on openPR.