Aero-Engine Coatings Market worth $2.10 billion by 2030, growing at a CAGR of 5.16% - Exclusive Report by 360iResearch

The "Aero-Engine Coatings Market by Aircraft Type (Commercial Aviation, Military Aircraft), Coating Type (Diffusion Aluminide Coatings, Erosion & Corrosion Resistant Coatings, Thermal Barrier Coatings), Engine Type, Form Type, Process, Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Aero-Engine Coatings Market to grow from USD 1.48 billion in 2023 to USD 2.10 billion by 2030, at a CAGR of 5.16%.

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Aero-engine coatings are specialized coatings applied to the surface of the components of an aircraft's engine. Aero-engine coatings serve various purposes, including protecting the engine from high temperatures, corrosion, wear and tear, and improving engine performance and fuel efficiency. Growing production of aircraft and increasing investments by various organizations in the aviation industry are elevating the demand for aero-engine coatings. A growing focus on improving fuel efficiency and reducing aircraft operating costs is expected to increase the adoption of aero-engine coatings. The high cost of raw materials and the release of harmful volatile organic compounds (VOCs) during coating operations hamper the market's growth. Growing manufacturing of new materials for aero-engine coatings, including advanced ceramics, polymers, and composites, is expected to create opportunities for market growth.

The United States has many passengers traveling by air, and as per the International Trade Administration (ITA), over 58,000 tons of cargo are transported daily. As per the Federal Aviation Administration (FAA), the number of commercial aircraft is expected to reach 8,270 by 2037 due to increased cargo transportation by aircraft. The usage of aircraft for cargo transportation, last-mile delivery, medical emergencies, air shuttle, private transport, and other areas has been increasing in Brazil, Canada, the U.S., and Chile due to high congestion and the indirect routes with higher circuity factors for ground-based vehicles, which creates a demand for aero-engine coatings in the Americas. The Asia-Pacific region is showcasing significant expansion of the aerospace industry due to an elevated shift toward air transportation, freight services, and medical emergencies, further bolstering the usage of aero-engine coatings. The International Civil Aviation Organization (ICAO) estimated that air traffic in the Asia-Pacific region is expected to triple by 2030. The presence of well-established players and increasing research & development activities to develop sustainable aero-engine coatings in the Americas and Europe are expected to benefit the market's growth.

Market Segmentation & Coverage:

This research report categorizes the Aero-Engine Coatings Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Aircraft Type, market is studied across Commercial Aviation and Military Aircraft. The Commercial Aviation is projected to witness significant market share during forecast period.

Based on Coating Type, market is studied across Diffusion Aluminide Coatings, Erosion & Corrosion Resistant Coatings, and Thermal Barrier Coatings. The Erosion & Corrosion Resistant Coatings is projected to witness significant market share during forecast period.

Based on Engine Type, market is studied across Turbofan, Turbojet, Turboprop, and Turboshaft. The Turbojet is projected to witness significant market share during forecast period.

Based on Form Type, market is studied across Liquid Coating, Powder Coating, and Wired Coating. The Wired Coating is projected to witness significant market share during forecast period.

Based on Process, market is studied across EBPVD Process and Spray Process. The Spray Process is projected to witness significant market share during forecast period.

Based on Application, market is studied across Afterburner Section, Bearings & Accessories, Combustion Section, Compressor Section, and Turbine Section. The Combustion Section is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Aero-Engine Coatings Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Aero-Engine Coatings Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Aero-Engine Coatings Market, highlighting leading vendors and their innovative profiles. These include A&A Thermal Spray Coatings, Akzo Nobel N.V., APS Materials, Inc., Axalta Coating Systems, LLC, BASF SE, Bodycote PLC, CASwell Inc., Chromalloy Gas Turbine LLC, Compagnie de Saint-Gobain S.A., Curtiss-Wright Corporation, CVD Equipment Corporation, DuPont de Nemours, Inc., Flame Spray SpA, General Electric Company, H.C. Starck Solutions, Henkel AG & Co. KGaA, Hentzen Coatings, Inc., Honeywell International Inc., Howmet Aerospace Inc., IHI Ionbond AG, Indestructible Paint Limited, Lincotek Group S.p.A., MDS Coating Technologies Corp., Metallisation Limited, MTU Aero Engines AG, OC Oerlikon Corporation AG, PPG Industries, Inc., Praxair S.T. Technology Inc. by Linde PLC, SilcoTek, and Turbocam Inc..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Aero-Engine Coatings Market, by Aircraft Type
7. Aero-Engine Coatings Market, by Coating Type
8. Aero-Engine Coatings Market, by Engine Type
9. Aero-Engine Coatings Market, by Form Type
10. Aero-Engine Coatings Market, by Process
11. Aero-Engine Coatings Market, by Application
12. Americas Aero-Engine Coatings Market
13. Asia-Pacific Aero-Engine Coatings Market
14. Europe, Middle East & Africa Aero-Engine Coatings Market
15. Competitive Landscape
16. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Aero-Engine Coatings Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Aero-Engine Coatings Market?
3. What is the competitive strategic window for opportunities in the Aero-Engine Coatings Market?
4. What are the technology trends and regulatory frameworks in the Aero-Engine Coatings Market?
5. What is the market share of the leading vendors in the Aero-Engine Coatings Market?
6. What modes and strategic moves are considered suitable for entering the Aero-Engine Coatings Market?

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