Press release
Aircraft Fastener Coatings Market estimated to reach an estimated value of US$ 1,182.0 million in the forecast period (2018-2023)
The report on the Aircraft Fastener Coatings Market has been launched by Stratview Research is an all-inclusive report that talks about the market structure and growth in the forecast period of 2018-2023. The report also offer insights into different market segments and other factors affecting the market.Stratview Research’s report states about the segment-wise current market condition, and also offers an estimation about future growths. The report has been generated after accumulating data from various authenticated sources such as journals, white papers, fact book, etc. As per the estimation, Aircraft Fastener Coatings Market is expected to reach an estimated value of US$ 1,182.0 million by the forecast period (2018 – 2023).
As per the report, the market is segmented by:
● by Aircraft Type (Commercial Aircraft, Regional AirCraft, and Others) – Commercial aircraft will remain the largest aircraft type in the market.
● by Application Type (Engine, Interiors, and Others) – Aerostructure is projected to maintain its dominance in the market.
● by Coating Type (Cadmium Coating, Dry Lubricant and Fabrics)- Cadmium coating will remain the most dominant segment of the market.
● by Process Type (Spray Coating, Dip Coating, and Others) – Spray coating process dominates the market.
● and by Region (North America, Europe, Asia-Pacific, and RoW) – North America to remain the largest market.
Table Of Contents: https://www.stratviewresearch.com/toc/370/Aircraft-Fastener-Coatings-Market.html
Highlights of the Report:
The global aircraft fastener coatings market is segmented based on the aircraft type as Commercial aircraft, Regional aircraft, General aircraft, Helicopter, and Military aircraft. Commercial aircraft is likely to remain the largest aircraft type in the global aircraft fastener coatings market during the forecast period. The aircraft type is also likely to witness the highest growth during the same period. Increasing production rates of key programs, such as B737 and A320 family; market entry of new players, such as COMAC; upcoming aircraft programs or introduction of variants of existing programs, such as B737max and COMAC C919; and rising commercial aircraft fleet are the major factors that are driving the demand for fastener coatings in the segment.
Based on the coating type, the aircraft fastener coatings market is segmented as cadmium coating, dry lubricant, silver coating, aluminum coating (IVD aluminum), and others. Coating material for fasteners is largely dependent on the fastener materials and application where it is used. Cadmium coating is likely to remain the most dominant segment of the aircraft fastener coatings market over the next five years. The cadmium coating is only permitted for some applications in aircraft and for some other industries, but it is severely restricted in many countries. Cadmium offers a wide array of advantages including high corrosion resistance, good conductivity for EMI shielding, electrical bonding and lightning strike protection, and inherent lubricity that reduces galling. Dry lubricant, another considerable segment, is likely to witness an impressive growth rate in the market during the same period, driven by a host of factors, such as excellent ability to work in extreme temperatures, good thermal break down, and reduction of friction between surfaces in the extreme environment.
Based on the application type, aerostructure is projected to maintain its dominance in the market over the next five years. The manufacturing and assembly of aerostructure parts alone require millions of fasteners. There is a need for coatings on these fasteners to protect them from the external environment and to retain their strength for the long run. Different applications require different coating types for fastener depending upon the performance requirement. For instance, engine application requires coating on fasteners that can withstand harsh environmental conditions at elevated temperature.
Based on the process type, the spray coating process dominates the market and is projected to maintain its dominance during the forecast period as well. The process has great dispersion with the coating materials, which enables the application of a very thin but tough coating layer. Electroplating method, another considerable segment, is likely to depict a good growth in the market during the same period. Some other key processes include dip coating and spin coating.
Based on the regions, North America is projected to remain the largest market during the forecast period. The region is the manufacturing capital of the aerospace industry with the presence of several large- to small-sized OEMs, tier players, distributors, fastener manufacturers, and airline companies. The USA is the growth engine of the region’s market and has the presence of almost all major aircraft OEMs including Boeing, Airbus, Cessna, Lockheed Martin, and Gulfstream.
Asia-Pacific is likely to witness the highest growth during the same period, driven by a host of factors including increasing demand for commercial aircraft to support rising passenger traffic, the opening of assembly plants of Boeing and Airbus in China, upcoming indigenous commercial and regional aircraft (COMAC C919 and Mitsubishi MRJ), and rising aircraft fleet size.
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Key Players of the Market
Some of the key companies in fastener coating market include Arconic Corporation, Curtiss-Wright Corporation (E/M Coating Services), Endura Coatings LLC, Innovative Coatings Technology Corp. (INCOTEC), Lisi Aerospace, PPG Aerospace, Precision Castparts Corporation and TIODIZE Co., Inc.
Features of the Report
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. Here are the key features of the report:
• Strategic Segmentation
• Competitive Analysis
• Strategic Growth Opportunities
• Swot Analysis
• Key Players
• Forecast Analysis & Future Growth
Know more about us and our reports:
Stratview Research is a global market research company and is known to offer custom research reports in varied fields such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. The team makes sure to have a deep research about the topics so that the most useful insights can be delivered to the professionals.
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