Press release
Aero Engine Coating Market Share 2022, Size, Industry Growth by Global Major Companies Profile, Competitive Strategies and Forecast 2029
Aero Engine Coating Market Overview:Aero engine coatings improve engine performance and lifespan. They keep the engine clean by preventing oxidation, corrosion, wear, erosion, and fouling. High temperatures are common in aero engine sections, which can cause superalloys to melt. As a result, aero engine coating aids the alloy's resistance to high temperatures. Furthermore, the increased safety and efficiency provided by aero engine coating makes it preferred by many businesses. The increased development in the aircraft industry is expected to drive the growth of the aero engine coatings market over the forecast period.
The global Aero Engine Coating was valued at USD 1.78 billion in 2020 and is anticipated to reach USD 2.93 billion by 2029, growing at a CAGR of 5.7% during 2022-2029.
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Aero Engine Coating Market Key Players
The study of the growth of the top market player for in the target sector includes new projects with speculative returns, innovations and study of the accessibility of companies. some of the profiled players are A&A THERMAL SPRAY COATINGS, AKZO NOBEL N.V, DUPONT INC., INDESTRUCTIBLE PAINT LIMITED., UNITED COATINGS GROUP, PPG INDUSTRIES., CHROMALLOY GAS TURBINE LLC., LINCOTEK GROUP S.P.A, PRAXAIR INC., APS MATERIALS INC and Others
Recent Development
June 09, 2020- AKZO NOBEL N.V- ANA uses our aerospace coatings for striking designs on three FLYING HONU A380s
March 2020: Praxair Surface Technologies, Inc. signed an agreement with Siemens, under which the former company will provide coating services across all Siemens products. Since Siemens has its presence in the aviation, energy, and other industries, this contract can result in strengthening the market position of Praxair Surface Technologies, Inc.
December 2019: Bodycote acquired Ellison Surface Technologies. The acquisition enhances the company for being one of the largest providers of thermal spray and engineered coating surface technology services in the world. Ellison's business is an excellent strategic fit with Bodycote's existing Surface Technology business, which itself has seen strong structural growth in recent years.
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Aero Engine Coating Market Segmentation:
Global Aero Engine Coating Market By Aircraft Type, 2020-2029, (USD Million), (Kilotons Units)
Commercial Aircraft
Military Aircraft
Regional Aircraft
General Aviation
Helicopter
Global Aero Engine Coating Market By Engine Type, 2020-2029, (USD Million), (Kilotons Units)
Turbofan Engine
Turbojet Engine
Turboprop Engine
Turboshaft Engine
Global Aero Engine Coating Market By Process Type, 2020-2029, (USD Million), (Kilotons Units)
Spray Process
EBPVD Process
Others
Global Aero Engine Coating Market By Form Type, 2020-2029, (Usd Million), (Kilotons Units)
Powder Coatings
Liquid Coatings
Wired Coatings
Global Aero Engine Coating Market By Application Type, 2020-2029, (USD Million), (Kilotons Units)
Turbine Section
Combustion Section
Compressor Section
Afterburner Section
Bearings & Accessories
Growth Factors:
Increasing demand from the Aero Engine Coating industries
The growing use of Aero Engine Coating in Chemical and Material Sectors.
Rising demand for products
Technological advancements in production processes
Growing applications in Aero Engine Coating Market
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Aero Engine Coating Market Regional Analysis
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fiberglass Storage Tank (Fiberglass Tank) Professional in these regions, from 2022-2029, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Key Aero Engine Coating Market Trends
- The report identifies, determines, and forecasts the Global Aero Engine Coating Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Aero Engine Coating Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is expected to drive the Growth
- Rising Adoption of Market Segments in the Aero Engine Coating Growth
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Aero Engine Coating Market.
More Report Links
https://exactitudeconsultancy.com/reports/3960/anti-corrosion-coatings-market/
https://exactitudeconsultancy.com/reports/3981/nylon-monofilament-market/
https://exactitudeconsultancy.com/reports/4015/phosphoric-acid-market/
https://exactitudeconsultancy.com/reports/3939/marine-coatings-market/
https://exactitudeconsultancy.com/reports/3997/bleaching-agent-market/
Frequently Asked Questions (FAQs)
What will be the size of the Aero-Engine Coatings Market in the foreseeable years?
Who are the key players in the Aero-Engine Coatings Market?
Which country/region is expected to remain the largest Aero-Engine Coatings Market?
Which aircraft type is expected to remain the growth engine of the Aero-Engine Coatings Market?
Which region is expected to witness the highest growth in the Aero-Engine Coatings Market?
Which application type is expected to remain dominant in the Aero-Engine Coatings Market?
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